Based on on-chain data, the most significant support zones are:
1️⃣ $61,101 (1.83% of total $BTC BTC moved) 2️⃣ $60,365 (2.01% of total BTC moved) 3️⃣ $59,630 (1.29% of total BTC moved) 4️⃣ $58,892 (1.35% of total BTC moved)
#LIKNUSDT 🔹 Chan Link is in the ascending channel, which is falling after breaking the static price resistance line of 12.559.
There are 2 possible scenarios
Scenario 1: The price is near the bottom of the ascending channel and is also at the static support line of 10.866. If the price is supported here, the price will rise and move up, the first target of which is 12.559.
Scenario 2: If the price does not respect the bottom of the channel and the support line i.e. the price of 10.873 and is not supported, we will see a further drop and the first target can be considered the price of 9.276. $LINK
Price has broken the resistance area and is now retesting it. You can consider opening a long position here with a tight stop loss. We expect to see a continuation of the upward movement towards the next resistance area.
The project was listed on Binance in May 2024, backed by Binance Launchpad. At that time it didn't receive a needed attention because of the poor state of market. However, once the market turns green, it will skyrocket.
The CEO of the project has founded multiple companies with successful exits in crypto, so this one shouldn't be an exception.
The chart looks pretty solid, there is a double bottom and a massive falling wedge. I am buying some on spot and sending to Binance Earn, mid-term trade #CryptoMarketMoves
#Bitcoin has rebounded after testing the support line. The price was able to break out of the falling wedge pattern in an upward direction but was rejected near the key level of $60,000. A falling wedge is considered a bullish pattern, and we might see another test of the $60,000 resistance level. $BTC
The falling wedge pattern that we've been tracking is edging closer to a breakout above the descending resistance this could be the moment we’ve been waiting for!
he key resistance at $0.5500. If #FANTOM can hold steady at this level, we could see a powerful bullish rally, mimicking past upward trends. But, be cautious: if momentum falters, #FTM may drop, with a possible bullish rebound from the lower demand zone around $0.25. $FTM
#NEAR is now moving in a descending channel after breaking the dynamic support of the uptrend.
After breaking the support level of $4.300-$4.900, the price has reached the bottom of the channel and may start to grow from this area. But if the price continues to move under the specified level, it may decrease to $2.620. $NEAR #MarketDownturn #MtGoxJulyRepayments #MtGoxJulyRepayments
#LTC is currently compressed between the falling wedge's trend lines, and we're expecting a bullish breakout soon.
But if #LTCUSDT faces resistance at the upper trend line of the wedge In that case, we could see a retest of the bullish around $60.00. This level has been a stronghold of support for LTCUSDT , rich with liquidity and a key area for potential buy orders.
However, if Litecoin doesn't bounce back from $60.00, the focus shifts to the next crucial support at the lower demand zone of $56.00. The likelihood of a strong rebound here is quite high, making it a critical level to watch.