The market optimism has sparked the last Bitcoin more than $ 90,000, but the susceptibility of penetration began to ask herself. The price is currently being traded by about $ 94,600, but the sound profile weakens, indicating that the momentum is dwindling. Moreover, the soft size can be catastrophic to continue the direction in the market where the condemnation is calculated.
Although the price has increased significantly from its lowest level in April, there is no evidence of the buyer’s interest in supporting this recovery. The bulls are concerned that the size has decreased steadily since the penetration. Since Bitcoin hovered just less than a mark of 95,000 psychological dollars, it is at risk of forming a local summit and rolling in the absence of stronger flows.
Although this is not the goal of surrender or collapse, he began to feel excited. Technically, bitcoin, above all, is a large animated average, such as 50 days, 100 days and 200 days, indicating structural strength. In 66 years, the relative strength index rises but is still lower than peak levels, providing some space.
However, short -term expectations are more fraught with what appears. Bitcoin is very likely to return to $ 85,000-86,000 dollars. This is if less than 89,200 dollars collapsed and failed to obtain $ 90,000 support. On the other hand, a clear break above $ 95,000 with a new size may raise a crowd towards about $ 100,000, but this position calls for more than just optimism.
Solana Odeh?
After a brief gathering, Solana loses the Earth where the price movement now indicates a flowing ups off. At a current price of about 146 dollars, the original is near the level of decisive support of $ 140, which is a bull dream. If this level is broken, the EMA is likely to be re -tested for 26 days, which is now traded at $ 139.
Fatigue is clear from the graph. The moving averages formed for 100 days and 200 days, which hovering public expenditures at $ 151 and $ 162, respectively, the confluence of the resistance that Solana was unable to overcome despite a strong recovery from the lowest levels of March. The momentum indicators, such as the RSI price movement, stopped just below this area, creating a declining difference currently heading to about 58.
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The combination of reducing volatility and the inability to generate size on modern green candles indicates that the demand is fading. Since Sol fails to get traction above a large resistance, traders seem to get profits. 26 EMA at $ 139 will be the first potential landing zone if the sellers make an initiative and pay the price to less than 140 dollars. A more severe correction may reveal the level of $ 131, which is in line with MA for 50 days and support for the previous monotheism.
Sol’s general market structure is still vulnerable. It seems that the original moves to a distribution stage instead of preparing for a continuation of the upward trend, and the gathering lacks from early April to strong follow -up.
If Solana does not see a sharp rise in size and turns $ 151 into support, it is likely that short -term expectations are negative. Without external stimuli or the interest of fresh buyer, momentum is dwindling, and a smooth may fall more, and return to the moving averages that struggled to restore just a few weeks ago.
Dogecoin looks good in the long run
Looking at the signs of exhaustion in its short -term gathering, Dogecoin again is about to enter into a correction. DOGE is now trading at about $ 0.17, slightly lower than a 50 -day moving average, which was historically as dynamic and resistant support. However, the long -term situation is better, as Dog shows some positivity on the graph for a week, where the price sits comfortably over 50 EMA.
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With low altitudes and low decreases since the November summit, Duj has been held in a continuous declining direction. Although it has somewhat recovered from the $ 0.14 region, it has not yet recovered important resistance areas. The bulls may not have enough fire to overcome public resistance, especially in a range of $ 0.18 -0.19, if the price rejects near 50 EMA.
Compared to their peers of the Meme coin such as SHIB, which appears at least accumulated on the chain, the procedure by the last DOGE undertaken is mainly disappointing. However, Doge has no basic incentives or speculation momentum. The steady decline in trading volume indicates a decline in interest, and the original has still been covered less than the Master of 200 days ($ 0.21).
