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Bitcoin is trading near the key horizontal support zone at $108K–$109K after breaking below the ascending trendline, showing weakness from buyers.
✅ If this support holds, a bounce toward upper resistance levels is likely. ❌ But if the zone breaks and retests as resistance, it would confirm further bearish pressure, pushing BTC lower in the short term.
BTC is at a decisive level — holding support could spark a recovery, while losing it may extend the downtrend.
VIP MARKET UPDATE: $XRP ➖➖➖➖➖➖➖ $XRP has retraced to the $2.70–$2.75 support zone after failing to hold above $2.90. This level is critical for buyers to defend in order to maintain the bullish structure. • 🔼 If support holds, a bounce towards $2.95–$3.05 is likely. • 🔻 If price breaks below, we could see a drop towards $2.60.
VIP MARKET UPDATE: $BTC ➖➖➖➖➖➖➖ BTC is currently consolidating inside a symmetrical triangle, showing indecision in the market. • 🔼 A breakout with strong volume could spark a bullish rally. • 🔻 A breakdown and retest would confirm bearish momentum.
$BTC Dominance has broken out of the falling wedge to the upside and is now testing the local resistance area. • 🔻 A rejection here could trigger a relief rally in altcoins. • 🔼 But if BTC.D breaks above this level, the move could extend toward the major resistance zone, keeping altcoins under pressure and extending their downtrend.
VIP MARKET UPDATE: $ETH ETH on the 4H chart has broken down from the descending triangle, confirming bearish momentum. Price dropped sharply below the $4,260 support, showing strong selling pressure.ETH found a bounce at the $4,000 support, a key level for bulls to defend.Currently trading near $4,196, just under the broken support which may now act as resistance.
🔑 A recovery and close back above $4,260 would be needed to confirm a potential bullish reversal. Otherwise, bearish momentum remains in play. #ETHUSDT #ETHAnalysis
The weekly Stochastic RSI has just triggered a bullish crossover, signaling growing momentum. • ✅ This could push BTC toward the resistance trendline in the coming sessions. • ⚠️ Rejection at resistance may lead to another pullback, but as long as momentum holds, upside remains in play.
A key setup to watch before the next major move. 🚀
Ethereum is trading inside a symmetrical triangle, showing market indecision. • ✅ A bounce from the support trendline could trigger bullish momentum and push ETH higher. • ⚠️ A break below support would shift momentum bearish, opening the way for lower levels.
For now, all eyes are on the support trendline for the next decisive move.
Bitcoin is forming an ascending triangle, with buyers consistently creating higher lows while pressing against the $117K resistance zone. • ✅ Bullish case: A breakout above $117K could spark strong momentum, pushing BTC higher. • ⚠️ Bearish case: If the trendline support breaks, the price may pull back toward $114K–$112K.
The next big move depends on whether we get a confirmed breakout or breakdown.
AVA is moving between support and resistance levels. A long position can be considered near the support zone at $0.4690–$0.5070. If the price holds here, we may see a move back up to test the resistance at $0.7440–$0.7690. A breakout above this resistance could trigger a strong rally. #avausdt #AVA #AVAAnalysis #AltcoinSeasonComing?
$BTC is struggling to move above the Tenkan 🔴 on the weekly chart, which is acting as strong resistance. If the price reclaims this level, we could see bullish momentum build. Otherwise, sideways movement or a pullback may continue. #BTCUSDTAnalysis #btcusdt #BTCanalysis
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