Current Price Situation: - Bitcoin is facing notable selling pressure at the recent peak, with a continued pullback towards testing the main upward trend line, which represents a critical dynamic barrier. - The pivot level: 91,560 is considered a key point that may determine the fate of the short to medium-term trend.
Possible Scenarios: 1. In the event of breaking the support (91,560) - The price may experience a broad technical decline, with potential targets at the mid-April price areas. - This break warns of a potential change in the overall trend if the level is not quickly reclaimed.
2. In the event of holding above support: - This strengthens the chances of resuming the upward trend, especially with indications of temporary overselling.
Critical Technical Indicators: - Testing the upward trend line: - This test is a decisive station; failure to hold the price may trigger **bearish reversal** signals. - Trading volume: - It is advised to monitor the volume during upcoming movements; high volume at the break enhances its credibility.
Influential External Factors: - U.S. economic news: - Upcoming data or statements (such as inflation reports or monetary policy decisions) may impact the intensity of fluctuations in the coming hours. Conclusion: The current situation requires caution with cautious optimism, as the coming hours will determine the fate of the short-term trend. $BTC
Despite the transient fluctuations that the market may experience, the overall picture remains exceptionally optimistic, as any short-term pullbacks are considered golden opportunities to strengthen investment portfolios. Here’s a summary of the current outlook:
🔑 Key Points for Traders: 1. Focus on Spot Buying: - Avoid complex speculation (futures), and focus on owning assets directly, especially those currencies that show a sustainable upward trend.
2. Strategic Accumulation from Multiple Levels: - Don’t place all your bets at a single price level! - Take advantage of corrective movements to build a strong average price by gradually entering at 3-5 key price zones.
🎯 Exciting Bitcoin Predictions: - Even if the mother coin experiences a temporary pullback towards $88,000, the long-term upward targets remain intact, with the possibility of reaching $160,000 during the current cycle, according to major trend analysis.
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🧠 Success Strategy in the Current Phase: - For the conscious patience: Wait for the optimal moments to buy and avoid emotional reactions. - Smart Diversification: Spread your investments across different currencies with strong fundamentals. - Wise Risk Management: Set stop-loss ratios and maintain capital. $BTC
🚀 The performance of SUI indicates an exceptional transformation: - SUI closed a strong weekly bullish candle, breaking through 10 consecutive weeks of decline and sharp fluctuations, reflecting: - 📈 A clear superiority of buyers with unprecedented buying momentum. - 🌟 A signal indicating improved market conditions, especially in light of a potential bullish season for cryptocurrencies.
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Predictions and suggested strategies: 1. **Strength of technical support:** - This rise is considered a key turning point that may form the basis for a long-term trend if positive momentum continues.
2. Advice for traders: - 🛑 Do not over-sell SUI early, especially with optimistic signals present. - ✅ It is advisable to add SUI to your investment portfolio and take advantage of potential upward opportunities in the upcoming period.
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🔍 Summary: SUI stands out as one of the promising cryptocurrencies in the current digital landscape, and its recent performance boosts confidence in its ability to achieve significant gains. The time is right to **monitor it closely** and seize opportunities
🚀 Beginning of a new trading week full of opportunities: - This week is considered one of the exceptional weeks, as it heads towards the monthly market closure, which is a critical point for traders. ✅
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Key expected developments: 1. Outstanding performance of Bitcoin: - The leading cryptocurrency has recorded a strong monthly candle
2. Reading future trends: - With the accumulation of positive market and currency closures, the outlines of the upward path begin to gradually become clearer. 🟢 - Predictions indicate that the coming months may carry promising investment opportunities, provided that one acts wisely and patiently to achieve maximum benefit. $BTC
🚨 As the end of the month approaches, the markets have experienced an exceptional closure, one of the most notable this year:
- Bitcoin has recorded outstanding performance with a strong close, reflecting a clear superiority in performance.
- The main market indices and other cryptocurrencies have also shown strong monthly closures, boosting confidence in the current market vitality.
It is expected that the upcoming sessions, following the monthly closure, will witness significant developments that will determine market trends in the coming period. We await this with cautiously optimistic anticipation, God willing.
The price must close above the orange line for XRP to rise on the 4-hour timeframe, as it is currently considered a strong resistance level for XRP. If it successfully surpasses this level, it will rise to 2.2721, which is considered the major resistance. If it trades above 2.2721 on the 4-hour timeframe and holds above it, expect good things, God willing.
The price must close above the orange line for XRP to rise on the 4-hour timeframe, as it is currently considered a strong resistance level for XRP. If it successfully surpasses this level, it will rise to 2.2721, which is considered the major resistance. If it trades above 2.2721 on the 4-hour timeframe and holds above it, expect good things, God willing.
محمد الهاشمي73
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XRP Currency Analysis Closing above 2.2127 Enhances the probability of rising to 2.2800 and then to 2.3011
Breaking **91,695.00** may open the door for an upward move towards **93,000.00**, while a breach of **88,347.49** may indicate a correction towards **86,887.15*