Bitcoin (BTC) should break this to reach $ 100,000, Dogecoin (DOGE) approaches Market Bull, Solana (Sol) Cross Cross
On this decisive point, a large resistance level is likely to dictate the important step next to Bitcoin. The 200 -day SIA moving average (EMA), which served as support and resistance in previous sessions, is a major obstacle to Bitcoin, which is currently exchanging approximately $ 84,000. A great progress at this stage may pave the way for the height of the subsequent Bitcoin, which may take it near a $ 100,000 teacher.
Reducing trading volume during the past few sessions is one of the most encouraging signs of potential penetration. Decreased volume during the correction phase frequently indicates that the pressure pressure fades, giving buyers an opportunity to get a floor. The market may become more upward if Bitcoin is able to maintain its current momentum and penetrate 200 EMA, indicating a large direction.
Despite this, Bitcoin is still at a turning point. He is at risk of continuing to standardize or even see another decrease if he cannot penetrate the level of resistance with condemnation. In order to make sure whether Bitcoin can continue in its upward path, macroeconomic factors such as institutions’ interests and liquidity trends, as well as the general feelings of the market, will be decisive.
Currently, merchants and investors must closely monitor 200 EMA and $ 84,000. Bitcoin will likely test $ 90,000 and higher if the daily closure is higher than these levels, confirming the ups of the ups. Bitcoin’s path can be delayed to six numbers if it is not able to rise above this area, which may lead to additional corrections. With the volume patterns that indicate a possible reflection, the Bitcoin price course during the next few trading sessions may be very important.
Dukwin’s critical state
Dogecoin, who is still in a weak position, faces difficulty returning to the highest critical level of $ 0.20. The MEME currency is currently trading at about $ 0.17, and faces noticeable technical obstacles that can affect its course in the coming weeks. Doug participates in the fighting between critical and resistance support areas. One of the important psychological and technical barriers is a sign of $ 0.20.
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A break above this threshold may pave the way for more important lights. Less collapse of the support zone can indicate $ 0.14 on the downside to additional declines. The pattern of death close to the daily chart supports the declining expectations. Long -term recovery is usually referred to through this artistic indicator, which appears when the moving average in the short term without the long -term moving average.
Given the great declining pressure, DOGE, which already suffers from the presence of this style, only increases the possibility of future prices. If buyers are able to keep the momentum over $ 0.18, Dog still has the ability to recover despite the homogeneous indicators.
However, the bullish reflection is still widely unlikely until the resistance exceeds $ 0.20. Merchants must now monitor the size patterns and the dog’s capacity to maintain higher than $ 0.16. Meme may test low levels and may return to $ 0.14 if the sale pressure increases. On the contrary, Doge may gain the power it needs to pay about $ 0.25 and beyond if it exceeds $ 0.20, which will nullify the decline signals.
Solana poor case
With a decisive technical indicator indicating more negative risks, the Solana price is still under pressure, and the company is still struggling. The origins, which have witnessed strong growth in the past, deal with issues related to their latest death, a Haboodian signal that occurs when the moving average decreases in the short term from the long -term moving average.
Death intersections have a history of confirmation of the downside trend, and Solana does not differ. Sol price decreased sharply after its last formation of death, and failed to stick to important support levels. The market does not produce adequate purchase to compensate for the sale of the sale, and the declining trend is still in control, even with short relief pools. Currently, Solana is trying to achieve a slight return, trading about $ 133.
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The upward potential is still restricted, although large resistance levels are at $ 146 and $ 173 may prevent additional growth. Any long -term recovery requires penetration of these barriers. On the negative side, Sol may drown in support of $ 120 if the current levels are not preserved, which may lead to a severe decrease.
To resume her upscale path, Solana needs a large boost in size and a positive feeling, according to the market structure. Until there is a clear outbreak, Sol may continue to face negative dangers, and the death cross remains an important factor that affects the investor’s confidence. Currently, merchants must pay special attention to the resistance at $ 146 and $ 173.
