$SOL Price at Crossroads: Will Solana Price Top $160 Next Week? - CoinPedia Analytics

With a bullish recovery in the daily chart, the SOL price trend is revealing a strong footing in the $125 support zone. Following the recent recovery over the last weekend, the Solana price has shifted sideways this week between $130 and $140. 

Following the 2.74% jump last night to make a bullish engulfing candle, the intraday pullback puts Solana on a back foot. Currently, it is trading at $134 with an intraday pullback of 0.97%, struggling to surpass the $140 mark. Despite the recent dip, the V-shaped reversal in SOL price signals a potential upside continuation this week. 

In the 4-hour chart, the SOL price reveals a potential rounding bottom reversal with a neckline at $138. Based on last week’s price action, the crucial resistance levels for Solana are present at $147 and $160 above the neckline. Meanwhile, the crucial supports are present at $131 and $125. The SOL price stands at a crossroads as the recovery run takes a sideways shift near the neckline. 

Despite the recent whale sell-off, the overall sentiment for Solana remains bullish. The uptrend bullish breakout of $138 will likely result in the SOL price jumping to the next resistance at $147, with increased chances of reclaiming the $150 psychological mark.  Furthermore, the FOMC meeting next week is likely to boost the crypto market and increase the chances of Solana hitting the $160 mark. On the flip side, the support level at $131 is likely to stand strong this week. 

$XRP Recovery Run - CoinPedia Analytics

In the daily chart, the XRP price action reveals a recovery rally in motion. Currently, the XRP price is trading at $0.5657 with an intraday gain of 0.53%. This comes after the 5.20% jump last night, rating a bullish engulfing candle. In the daily chart, the recovery run marks a new lower-low formation, a bullish turnaround from a new lower-low formation in the short term. Furthermore, the XRP price is on the verge of reclaiming the 50% Fibonacci level at $0.5707. 

In the daily chart, the bullish turnaround finds resistance at the 50% Fibonacci level. A bullish breakout above this level will find resistance at 61.80% and 78.60% Fibonacci levels at $0.60 and $0.65, respectively. On the flip side, the crucial resistance remains at $0.5347 and the $0.50 psychological mark. In case of a bullish failure, a sideways trend between the 38.20% and 50% Fibonacci levels. 

$DOGS sets sight on its short-term price target – What’s next? - AMBCrypto Analytics

Mikybull Crypto, a crypto analyst, noted that DOGS appears to be forming a technical pattern known as an inverse head and shoulders. This is often seen as a bullish reversal signal. The pattern, characterized by three troughs with the middle trough being the deepest, is typically followed by a breakout above a “neckline.”

The price of DOGS seemed to form this pattern. And, a potential breakout above the neckline could lead to a price target of $0.0012000. Additionally, the 50-period and the 100-period EMAs were both at $0.0010400, indicating that the market may be in a consolidation phase. Simply put, the price is now trading close to these resistance levels, which could lead to further indecision between buyers and sellers. The Relative Strength Index (RSI), at press time, had a reading of 46, slightly below the neutral level of 50. This meant that while bearish momentum was present, the market was not in oversold territory. This left some room for potential upside movement.

$SUI Price Smashes Through $1, Bulls Target $1.55 - CoinPedia Analytics

With a market cap of $2.713 billion, SUI ranks among the top 30 cryptocurrencies. Currently, it has reclaimed the psychological mark of $1 and is trading with a 14.48% jump in the past 24 hours. With the recovery rally in motion, the past seven days for SUI price have been profitable, with a surge of 26.17%. 
As per our technical analysis, the Logarithmic daily chart reveals a bullish cycle from the 23.60% Fibonacci level. The recovery run gains momentum as the retest of the falling channel breakout reveals massive demand at lower levels. 

The bull cycle is now accounting for a price jump of 36.25% in the last ten days. With this, the SUI price is now challenging the crucial resistance of 50% Fibonacci level at $1.0541. 
With a bullish engulfing candle of 11.4% intraday jump completing a morning star pattern, the sentiments are improving. Hence, the chances of a bullish breakout rally in SUI prices are significantly increasing. In the near term, before SUI reaches BMOON’s expected $3.65 target, the near-term resistances are at 61.80% and 78.60% levels at $1.23 and $1.55, respectively. 

Will $SOL ’s price be affected as Solana hits record daily active addresses? - AMBCrypto Analytics

From a technical standpoint, Solana faced resistance at $140, which could act as a crucial price level for bulls to break if a rally is to occur. The $125 support level has consistently provided a safety net for the token, reducing the likelihood of further declines in the near term. 

The 200-day moving average (MA) was hovering around $135 at press time, a key indicator of long-term price trends. Meanwhile, Solana’s RSI (Relative Strength Index) was at 34.53, indicating that the token was nearing oversold territory, often a sign of a potential rebound.

$TON Price Prediction: $7 Is Within Reach - BeinCrypto Analytics

On the daily chart, Toncoin shows a solid support zone around $4.95, suggesting it may avoid another significant correction. This position might help TON resist falling below $5.

The green histogram bars displayed by the Awesome Oscillator (AO) support this outlook, as the AO measures momentum and price trends by comparing short- and long-term moving averages. Although the current AO reading is negative, indicating a bearish trend, the green bars suggest that the decline might be short-lived.

As a result, TON’s price could see a quick bounce, potentially targeting $6.69. In highly bullish conditions, it might even reach $7.61. However, if TON slips below $5, it could drop further, possibly below $4.95.

$FET analyst predicts a 565% hike – Should you bet on it today? - AMBCrypto Analytics

AMBCrypto’s recent review of FET’s price action shows the cryptocurrency is trading within an ascending triangle, on the brink of a breakout. This pattern, defined by a horizontal support and a diagonal resistance line, often signals a forthcoming substantial price movement. Currently, FET sits at the resistance line, ready to break out and potentially initiate a major price swing.

Analysis using the Fibonacci retracement tool highlights five critical targets for the expected upward movement: $1.763, $2.091, $2.419, and $2.886, with a peak target at $3.480, adjusted downward by $0.46 a slightly lower peak target from analyst target of $3.906. 

Conversely, should the market sentiment turn bearish, the asset could drop to $0.702. The optimistic outlook is reinforced by the Relative Strength Index (RSI), which stands at 60.96. An RSI reading above 50 typically indicates that bulls dominate the market, suggesting that FET’s price may continue its upward trajectory.

$BTC Price Dips to $56,500, But $60K Stays On Bullish Radar? - CoinPedia Analytics

Following the bull cycle of four consecutive bullish candles, accounting for a price jump of 6.85%, the Bitcoin price takes a quick reversal from the $57,500 mark. With a price fall of 1.98%, the Bitcoin price is currently trading at $56,505 and makes a bearish engulfing candle. 

In the four-hour chart, the bull cycle was successful in surpassing a local resistance trendline and reached a 38.20% Fibonacci level at $58,300. However, the recent turnaround puts Bitcoin back to 50 EMA support. The pullback phase is seen as a potential retest of the 23.60% Fibonacci level breakout at $55,646 or of the broken resistance trendline.

Based on the technical analysis, the Bitcoin price takes support over the 50 EMA in the 4-hour chart. If the uptrend continues to exceed the 38.20% level, Bitcoin is likely to reclaim the $60,000 mark. Based on the Fibonacci level, the next target for the Bitcoin breakout rally stands at $60,500 and $62,600 at the 50% and 61.80% Fibonacci levels, respectively. Further, the upcoming CPI data release and the FOMC meeting next week will play a crucial role in deciding the crypto market’s fate. 

Solana whale buys $23 mln tokens: What it means for $SOL - AMBCrypto Analytics

AMBCrypto’s analysis of Solana’s price trend on a daily chart revealed why it was one of the top trending assets. 
SOL experienced a 3.81% increase in the last trading session, settling in at $135 at press time. This marked the third consecutive day of price increases for Solana.
As of this writing, SOL is trading at around $134, reflecting a slight decline of less than 1%. This minor pullback follows the upward trend of the previous few days.

Despite the small decline, SOL remained in a bearish trend, although this bearish momentum appeared to be weakening.
Solana’s Relative Strength Index (RSI) analysis showed that it is approaching the neutral line, indicating that the asset’s bearish momentum is softening.
If the RSI continues to trend toward the neutral line, it could signal a potential shift or consolidation in the price trend. 

Weekly Analysis of $BTC , $ETH - GNCrypto Analytics

Despite the short-term downtrend and negative sentiment among traders, BTC remains in a sideways range within the broader support zone of $51,000–$54,600. If buyers fail to defend this range, the situation could deteriorate significantly, with BTC potentially dropping to $49,000. A break below this level would signal the start of a deeper downtrend, making $49,000 a critical level for buyers.

For the price to resume its upward momentum, BTC must break through the resistance level at $59,086 and then overcome the resistance zone of $61,300–$65,500. Only after a sustained move above $65,500 can we confidently talk about a return to an uptrend.

ETH is currently trading within the buyer’s zone of $2,100–$2,300, and its reaction to this range will determine the asset’s next movement. If ETH drops below $2,100, the next support level is the psychological mark of $2,000. Losing this level could indicate a shift into a prolonged downtrend that could last several months. A potential return to growth will only be possible after testing the seller’s zone at $2,700–$2,850. 

What $PEPE traders need to know before making the next move - AMBCrypto Analytics

PEPE was testing a key resistance level of $0.0000077 at press time. This comes after the meme coin rejected a key bullish pennant at $0.0000063 and acquired a massive surge of 20% to the recent trading price. The $0.0000077 level emerged as a barrier to the bullish momentum breaking out to test the higher resistance at $0.0000091.

This consolidation phase precedes a period of upward movements, raising market curiosity on whether the bull rally will continue or not. The stochastic RSI indicator for PEPE hinted at a bullish divergence. This suggests the ongoing consolidation might lead to an upward movement. However, a bearish run cannot be written off since the stochastic RSI was approaching an overbought zone. The bullish pennant pattern on the chart strengthens the chance of a breakout. However, the $0.0000077 resistance level still poses a major challenge for the bulls to beat.

$SOL Price Eyes $150 as Whale Activity Signals Fresh Rally! - CoinPedia Analytics

In the weekly chart, the SOL price trend shows constant support from the 50% Fibonacci level at $129.87 and the 50 weekly EMA. Currently, the weekly chart reveals a consolidation phase between the 78.60% Fibonacci level at $198 with the bottom support of 50% Fibonacci level. The lower high formation within the consolidation range reveals a weakness in the bullish momentum. However, the recent possibility of a morning star pattern near the crucial support teases a new bullish cycle. 

The DMI indicator in the weekly chart reveals an indecisive trend between the VI lines. Further, a declining trend is visible in the ADX line during the SOL price consolidation phase.
Hence, the momentum is declining, but the trend still needs to be decided. A bullish cycle will reveal a positive alignment in the VI lines, and a potential uptick in the ADX line will help sustain the uptrend. 
Using the trend-based Fibonacci level, the SOL price uptrend shows the next resistance at 23.60% at $173. The next resistance lies at the $200 ceiling and the $224 mark. 

$SUI Price Set for Major Breakout from Inverted H&S Pattern - CoinGape Analytics

In the daily chart, the SUI price action reveals an underlying shift in bullish momentum, revealing a trend-reversal pattern. With an overhead-resistance trend line, the SUI price action shows an inverted head-and-shoulder pattern while taking constant rejections from the 200-day EMA. Amid the market uncertainty, the SUI token shows a solid bullish foundation at $0.5728. This sudden increase of bullish momentum resulted in a V-shaped reversal and a bullish continuation above $0.80. 

Currently, the SUI price action reveals three bullish candles accounting for a price jump of 20% and is currently trading at $0.9264. With an intraday gain of 5%, altcoin is challenging the declining 200-day EMA as it surpasses the 50-day EMA. 
A potential breakout with daily candle closing will accelerate the bullish momentum to drive a rally past $1 and target $1.43, followed by $1.72. The daily RSI line reveals a positive trend sustaining above the halfway line as it approaches the 60% mark. 

Based on the price action levels, the crucial resistance levels are present at $0.9656 and $0.8728, followed by the $1.001 psychological mark near the overhead-resistant trend line and $1.43. On the bottom side, the $0.80 and $0.5728 are crucial support levels.

$BTC Price Performance - CoinPedia Analytics

Following the massive 3.92% drop on Friday, the Bitcoin price has taken a bullish reversal from a declining support trend line with a lower price rejection. Completing a Morningstar pattern on Sunday with a 1.33% jump, the BTC price is now on the verge of reclaiming the $55,000 mark. However, the loss of critical support at $55,852 marks a definitive loss for bulls. Furthermore, this has increased the chances of a gold death cross between the 50-day and 200-day EMA, as they are inches away from a bearish crossover. 

A notable bullish divergence is visible in the daily RSI in the past two dips at $53,950. This increases the likelihood of a bullish recovery to retest the 200-day EMA near the $59,300 mark. Based on the Fibonacci levels, the next resistance stands at $58,655 or the 23.60% level. Meanwhile, the support levels are strong at $52,500 and $50,000.

With a solid underlying demand, Bitcoin holds the $50K support and takes early reversal from the support trendline. Further, with the RSI divergence and the growing MVRV ratio signaling a reversal, the BTC price will likely bounce back. 
Standing on the gates of $55K, the Bitcoin price can find a minor recovery this week. Further, with the increasing chances of a rate cut, the Bitcoin price may soon witness a recovery run. Meanwhile, a death cross will influence a supply surge from price action traders and could retest the $52,500 support. 

$SOL surge alert: Why traders should brace for a 25% hike - AMBCrypto Analytics

Amid the bearish market sentiment, Solana [SOL] appears poised for a massive upside rally due to its bullish price action pattern and strong on-chain metrics. In the past few days, despite a notable price decline across the cryptocurrency market, SOL has been consolidating near a crucial support level of $125. Based on expert technical analysis, SOL appeared bullish at press time. Its Relative Strength Index (RSI) has formed a bullish divergence that signals a potential trend reversal from a downtrend to an uptrend.

This divergence occurs when the asset’s price continues to form lower lows, while the technical indicator forms higher lows during the same period.Based on the historical price momentum, whenever SOL reaches its current support level, it tends to experience a massive price surge. This time, with bullish price action there is a high possibility that SOL price could soar by 25% to the $160 level.

Why Is $BTC Price Down Today? How Low BTC Price Might Go? - CoinPedia Analytics

In the past 24 hours, the Bitcoin price has dropped by 1.14% and is currently trading at $56,025. Struggling to sustain dominance above the $56,000 mark, the Bitcoin price forms an intraday doji candle. In the daily chart with the doji candle, the BTC price hangs near the base level of $55,852 of the Fibonacci retracement tool. If the BTC price manages to close the day with the doji candle, the possibility of a reversal will increase significantly. Further, a potential morning star could be witnessed for a recovery rally. Despite the ongoing bear cycle, the daily chart reflects a bullish flag pattern. However, the support trendline is far away from the current price and can result in a price drop to the $52,500 level. 

Despite the ongoing downfall, the BTC price is reflecting indecision in the market with a Doji near $55,500. Hence, the chances of Bitcoin surviving the crash above the $55K mark are significant. However, a minor correction is possible if the sentiments deteriorate near the Job report release. On the positive side, a slowdown in the Job sector will result in a sentimental boost for the crypto market. The increased rate cut chances will boost the BTC price to the $60,000 mark. 

$DOGE Price Prediction: The Last Dip - BeinCrypto Analytics

DOGE’s technical setup assessed on a one-day chart shows it trades below its 20-day exponential moving average (EMA). When an asset trades under this key moving average, which tracks its average price over the past 20 trading days, selling pressure outweighs buying activity.

If Dogecoin’s selloffs continue, its price may fall toward the lower line of its falling wedge at around $0.085, representing support. However, if this support level holds, the market may see a shift in trend from negative to positive.
Indeed, Dogecoin could then rally toward the falling wedge’s upper boundary at $0.110. Breaking past this critical resistance level will trigger a 40% price breakout to $0.142.

$TON Price Analysis: 108% Surge Pontential On Pavel Durov Comments - CoinGape Analytics

The price of the asset is currently in a corrective wave after a significant uptrend that peaked at around $8. TON price retraced to around the 61.8% Fibonacci retracement (Fib) level, which often acts as a strong support zone. TON currently eyes support around $4.5–$4.7 range. A break below this support could usher the price into the 78.6% Fib-level support around $3.5.

Conversely, the TON price may encounter immediate resistance at $7, which aligns with the 23.6% Fib level. Beyond this, the Toncoin price may surge to the 27% Fib extension level, around $10. This would be a 108% increase from the current price. Toncoin price has been wavey over the last few weeks since Durov’s arrest. The price chart can also be seen to form a rounded top, which is usually a bearish reversal pattern. However, this may not bear fruit as on-chain metrics support a bullish stance.

$TON Price Prediction: The Decline Continues - BeinCrypto Analytics

Toncoin price has been trapped in a correctional phase since August 19. This decline implies that the Telegram-backed cryptocurrency has had more periods of distribution than accumulation. Furthermore, the daily chart shows that TON had formed a rounding top pattern between August 2 and 26. This pattern is typically considered bearish and signals a potential reversal of the previous uptrend.

From the chart below, after the pattern appears, TON had a neckline at $5.99 that could either prevent a drawdown or accelerate it. However, the bulls could not keep the price above the neckline, leading to a slip below $5. Currently, bulls are not in a position to assist Toncoin in its recovery. As a result, the price could drop below $4.60, potentially reaching $4.55. However, if buying pressure picks up, this downtrend could reverse, allowing TON’s price to rise toward $5.40.

$SOL Price Recovery: $160 Soon? - BeinCrypto Analytics

Currently, Solana’s price is trading at $132 after bouncing back from the support level of $126. For SOL to resume its upward trajectory, it must break through the local resistance at $137. Achieving this would pave the way for a push towards the $160 mark. Historical data shows that Solana has experienced similar consolidation phases between $126 and $160, suggesting a rise to this level could be next.

The factors supporting this forecast are substantial, given that in the past, SOL around $126 has led to subsequent price increases. If SOL maintains its gradual upward momentum, the range-tested level of $137 could act as a springboard for further gains, making a rise to $160 plausible in the coming days. However, Solana has been hovering under the $137 resistance level recently. If SOL fails to breach this barrier, it might continue its sideways movement. This stagnation could dampen the bullish sentiment and potentially invalidate the optimistic price forecast.