3majster
Passionate about technical analysis for years, eager to deepen my knowledge. All insights are my personal opinion, not financial advice. 🚀📊
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What price do you think we will see first on the $BTC
BTC chart?
BTC chart?
BTC ish 90k?
47%
BTC ish 103k?
53%
785 votes • Voting closed
ETH/BTC Price Action Analysis: Is a Bullish Breakout on the Horizon?
As of February 13, 2025, the $ETH /$BTC trading pair is exhibiting notable technical patterns that may influence its future trajectory.
In November 2024, Ethereum successfully breached a 161-day descending trendline against Bitcoin, signaling a potential shift towards a bullish trend. This breakout indicated a possible reversal of the prior downtrend, suggesting increased strength of ETH relative to BTC.
On the monthly chart, ETH/BTC has formed a symmetrical triangle pattern, characterized by co
In November 2024, Ethereum successfully breached a 161-day descending trendline against Bitcoin, signaling a potential shift towards a bullish trend. This breakout indicated a possible reversal of the prior downtrend, suggesting increased strength of ETH relative to BTC.
On the monthly chart, ETH/BTC has formed a symmetrical triangle pattern, characterized by co
Recent price action analysis indicates that #ETH is testing a significant resistance zone between $2,600 and $2,700. A successful breakout above this range could signal a mid-term bullish trend, potentially propelling the price toward the next critical resistance at $2,800. Conversely, failure to surpass this resistance may lead to a bearish consolidation, with the price possibly retracing to the $2,300 support level. #ETH🔥🔥🔥🔥🔥🔥
On-chain metrics, such as the Taker Buy-Sell Ratio, indicate increased buying activity in the futures market, suggesting optimism among traders regarding ETH's short-term prospects. A ratio above 1 reflects buyer dominance, often associated with the onset of a #BullishMomentum .
On-chain metrics, such as the Taker Buy-Sell Ratio, indicate increased buying activity in the futures market, suggesting optimism among traders regarding ETH's short-term prospects. A ratio above 1 reflects buyer dominance, often associated with the onset of a #BullishMomentum .
In 2024, #LINK🔥🔥🔥 experienced a 53% decline, closing the year around $22. Analysts are optimistic about 2025, with forecasts suggesting significant growth. CoinCodex predicts LINK could reach $45 in January, $62 in February, and $85 by May. These projections are supported by strategic partnerships, such as the integration of Chainlink's Cross-Chain Interoperability Protocol (CCIP) with Shiba Inu's Shibarium network, enhancing LINK's adoption and value.
While some experts anticipate LINK reaching $2,000 by 2028 due to institutional adoption, such long-term forecasts are speculative. Investors should exercise caution and conduct thorough research before making investment decisions.
While some experts anticipate LINK reaching $2,000 by 2028 due to institutional adoption, such long-term forecasts are speculative. Investors should exercise caution and conduct thorough research before making investment decisions.
Current Market Situation:
#Dogecoin is trading at $0.259348, up 0.03412% from the previous close. The intraday high is $0.260789, while the low is $0.248709.
Technical Analysis:
The RSI is at 45, indicating neutral territory with no clear overbought or oversold signals.The MACD shows a slight bullish bias, with the histogram above zero, suggesting a continuation of a moderate uptrend.Trading volume remains stable, with no significant spikes, implying a lack of strong investor movement in either direction.
Conclusion:
Current technical indicators suggest DOGE is in a consolidation phase with no strong upward or downward trend. Investors should watch key support and resistance levels and monitor trading volume for potential price movements.
#Dogecoin is trading at $0.259348, up 0.03412% from the previous close. The intraday high is $0.260789, while the low is $0.248709.
Technical Analysis:
The RSI is at 45, indicating neutral territory with no clear overbought or oversold signals.The MACD shows a slight bullish bias, with the histogram above zero, suggesting a continuation of a moderate uptrend.Trading volume remains stable, with no significant spikes, implying a lack of strong investor movement in either direction.
Conclusion:
Current technical indicators suggest DOGE is in a consolidation phase with no strong upward or downward trend. Investors should watch key support and resistance levels and monitor trading volume for potential price movements.
Current Market Situation:
#xrp is in a downtrend since January 16, 2025, currently trading at $2.44. The RSI is at 36, approaching oversold territory, indicating a potential rebound. The MACD histogram shows weakening bearish momentum, suggesting a possible trend reversal. Key resistance levels are at $2.79–$2.83, while support is at $2.15.
Analysts' Forecasts:
Some analysts predict a significant price increase, with targets ranging from $5.85 to as high as $27 in the #short term. Others suggest long-term growth potential up to $99 based on #Fibonacci ci extensions and Elliott Wave analysis.
Conclusion:
Current technical indicators suggest XRP might reverse its downtrend if key resistance levels are broken. Investors should watch for market signals while being cautious of volatility.
#xrp is in a downtrend since January 16, 2025, currently trading at $2.44. The RSI is at 36, approaching oversold territory, indicating a potential rebound. The MACD histogram shows weakening bearish momentum, suggesting a possible trend reversal. Key resistance levels are at $2.79–$2.83, while support is at $2.15.
Analysts' Forecasts:
Some analysts predict a significant price increase, with targets ranging from $5.85 to as high as $27 in the #short term. Others suggest long-term growth potential up to $99 based on #Fibonacci ci extensions and Elliott Wave analysis.
Conclusion:
Current technical indicators suggest XRP might reverse its downtrend if key resistance levels are broken. Investors should watch for market signals while being cautious of volatility.
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