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Showing posts with the label resistance level

Bitcoin Primed To Hit New All-Time High Once BTC Breaks Above This Resistance Level, According to Trader Michaël van de Poppe

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Cryptocurrency analyst and trader Michaël van de Poppe says Bitcoin (BTC) is showing signs of turning bullish. Van de Poppe tells his 792,200 followers on the social media platform X that Bitcoin could soar above the $112,000 price and hit a new all-time high if BTC manages to break above the resistance level at around $108,900. “Bitcoin trending back upwards, which is a great sign.” Source: Michaël van de Poppe/X Based on the widely followed analyst’s Bitcoin chart on the four-hour time frame, it appears Van de Poppe sees BTC witnessing a dip to the zone around $100,000 if the crypto king loses $105,500 as support. Bitcoin is trading at $105,617 at time of writing. Next up is the scaling solution Optimism (OP). According to the widely followed analyst and trader, Optimism has formed a bullish divergence against Bitcoin on the three-day time frame. A bullish divergence forms when price makes lower lows or trends sideways while an indicator such as ...

Shiba Inu Price Prediction, Breakout Setup, And 2025 Rally Guide

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Shiba Inu‘s surge is currently gaining some solid momentum as technical indicators are now aligning with on-chain data, and this is pointing to a potential 61% rally by 2025. Is Shiba Inu really on track for a 61% rally? Here’s what every holder needs to know before the next breakout happens. Source; TradingView Also Read: Pi Network (PI) Faces 50% Correction: Should You Buy The Dip? Shiba Inu’s Path to 61% Rally: The Critical 20% Breakout First Source; Watcher Guru Key Resistance Level Must Break Right now, SHIB is repeatedly testing the $0.0000134 resistance barrier as investors are showing consistent bullish intent in recent days. The price at the time of writing sits at around a value of $0.00001380 with a 2.00% daily gain, and it’s pushing toward the upper Bollinger Band region. The Shiba Inu surge also depends on success while trying to break this critical level that has been tested multiple times already. If $SHIB can break through the resistance in the ne...

Ethena Price Prediction for Today, December 15 – ENA Technical Analysis

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The Ethena price prediction is heading toward the upper boundary of the channel as the price touches the daily high at $1.23. Ethena Prediction Statistics Data: Ethena price now – $1.19 Ethena market cap – $3.57 billion Ethena circulating supply – 2.92 billion Ethena total supply – 15 billion Ethena Coinmarketcap ranking – #46 ENA has shown impressive growth since its all-time low of $0.1953 on September 6, 2024, rising by 504.93%. While its current 24-hour price range fluctuates between $1.11 and $1.23, it has yet to reach its all-time high of $1.52 from April 11, 2024. This price movement highlights ENA’s potential for continued growth, making it an attractive option for early investors who have already seen substantial returns. ENA/USD Market Key Levels: Resistance levels: $1.50, $1.60, $1.70 Support levels: $0.90, $0.80, $0.70 ENAUSD – Daily Chart ENA/USD has shown remarkable strength over the past weekend, emerging as one of ...

Sei Price Prediction: SEI Surges 20% As Experts Say This Supercharged PEPE Token Could 100X

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The Sei price rallied more than 20% in the last 24 hours to trade at $0.3386 as of 11:34 p.m. EST. This recent gain by the SEI price was enough to push its weekly performance back into the green with a 15% surge. The Sei Price Approaching A Major Resistance Level 4-hour chart for SEI/USDT (Source: TradingView ) A bullish falling wedge pattern was validated on the 4-hour chart for the Sei price in the last few hours, resulting in the recent rally. Buyers stepped in as soon as the altcoin approached the $0.2520 support and pushed the crypto’s value above both the $0.2940 and $0.3193 resistance levels. Now, the Sei price is attempting to breach the $0.3501 barrier. If SEI is able to close a 4-hour candle above $0.3501 in the next 12 hours, then the altcoin will likely continue to rally. However, a rejection from this point could prompt traders to start to take profit. In this alternative scenario, the Sei price might be at risk of dropping below the aforementioned $0.3193 an...

Tamadoge Price Prediction for 4th of November: TAMA Recovers its Bullish Price

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  After Tamadoge price attain a high of $0.0295 towards the end of yesterday’s trading session, the price channel began to contract. The convergence of the resistance level and the support level continue to grow stronger until it reached its peak in the 5th hour of today’s market. Then the price broke out in a bearish way. The bulls were able to salvage the price at the $0.0258 support level. From that point, the market began its recovery. Tamadoge Market Price Statistic: TAMA /USD price now: $0.02702 TAMA / USD market cap: $$31,043,704.42 TAMA /USD circulating supply:1.05Billion TAMA /USD total supply: 1,049,733,333 TAMA/USD coin market ranking: # Key Levels Resistance: $0.0300, $0.0350, $0.0400  Support: $0.0200, $0.0150, $0.0100 Tamadoge Market Price Analysis: The Indicators’ Point of View The Bollinger bands have been converging since the market opened for today’s trading session. The convergence of the bands reached its apex in the...

Bitcoin Price Prediction for Today, November 2: BTC/USD Price At Risk; Bulls Defend $20,000 Support

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The Bitcoin price prediction is currently consolidating and seems to be preparing for the next move below the 9-day and 21-day moving averages. Bitcoin Prediction Statistics Data: Bitcoin price now – $20,432 Bitcoin market cap – $392 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $24,000, $25,000, $26,000 Support Levels: $18,000, $17,000, $16,000 At the time of writing, BTC/USD is trading at $20,432 with sideways movement in the last 24 hours. The Bitcoin price is holding on at its current levels with bullish momentum fading on lower timeframes. BTC/USD couldn’t break the resistance level of $21,000 with the current consolidation pattern as it fails to cross above the upper boundary of the channel. Bitcoin Price Prediction: Bitcoin (BTC) Could Spark a Fresh Surge The Bitcoin price is con...

Bitcoin Price Prediction for Today, November 1: BTC/USD Moves to Hit $21k Resistance

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The Bitcoin price prediction shows that BTC could retest the $20,500 level for it to experience a steady increase above the moving averages . Bitcoin Prediction Statistics Data: Bitcoin price now – $20,581.73 Bitcoin market cap – $395.3 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $23,000, $24,000, $25,000 Support Levels: $18,000, $17,000, $16,000 BTC/USD is likely to recover higher should in case the bulls hold the price at $20,581 which is the support zone and the first digital asset must cross above the upper boundary of the channel to start another increase. As of the time of this writing, the Bitcoin price still sits above the 9-day and 21-day moving averages . Bitcoin Price Prediction: Would BTC Gain More? According to the daily chart, the Bitcoin price could gain more uptrends if it c...

Shiba Inu Price Prediction for Today, October 29: SHIB/USD Touches New High at $0.0000151

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The Shiba Inu price prediction as SHIB kicked off its rally with a break above the key resistance level of $0.0000130. Shiba Inu Prediction Statistics Data: SHIB price now: is $0.0000130 SHIB market cap: $7.24 billion SHIB circulating supply: 549 billion SHIB total supply: 589.73 billion Shiba Inu Coinmarketcap ranking: #13 SHIB/USD Market Key Levels: Resistance levels: $0.000017, $0.000019, $0.000021 Support levels: $0.000010, $0.000008, $0.000006 SHIBUSD – Daily Chart A few days ago, SHIB/USD had a significant boost that allowed the coin to exceed the $0.0000151 level, this momentum extending considerably as crypto continues to climb higher today. The current performance of the coin indicates the addition of an upward movement ago. It’s just a matter of time for this coin to reach a $0.0000160 level in the nearest term. Shiba Inu Price Prediction: What to Expect from Shiba Inu In the last few days, Shiba Inu has moved from $0.0000109 to $0.0000150 and at th...

Shiba Inu Price Prediction – Can SHIB Overtake Bitcoin?

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Shiba Inu price prediction remains bearish, as the pair has broken through the upward trendline that has been supporting it near $0.0000106. Shiba Inu is currently gaining immediate support at a triple bottom level of $0.00001001. According to market data, Indian traders chose Shiba Inu over Bitcoin and Ethereum. Despite the country's strict tax regime, SHIB has a relatively high volume. Over the recent weeks, the Shiba Inu cryptocurrency has seen a number of milestones, including its inclusion on major platforms. On October 10, BitMEX announced they will be adding support for six new cryptocurrencies, one of which is SHIB. SHIB Becomes the Most-traded Asset on Indian Crypto Exchanges It looks like the top investors on the market, who are Indian, are buying the Shiba Inu token (SHIB), which is a well-known meme token, instead of Bitcoin or Ethereum. It has become the most liquid cryptocurrency on India's three biggest cryptocurrency exchanges, WazirX, Zebpay...