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Solana (SOL) Price Prediction: SOL/USDT Trades Above the $150.00 Mark
Solana (SOL) Price Prediction
The Solana market has eventually surpassed the $150.00 mark and, as of the time of writing, is trading at $152.64. Furthermore, its price action stands just above a baseline that suggests an upside rebound may occur, leading to further price increases in subsequent sessions.
SOL/USDT Long-term Trend: Bullish (Daily Chart)
Key Price Levels:
Resistance: $155.00, $160.00, $165.00
Support: $150.00, $145.00, $140.00
The corresponding price candle in the ongoing session can be seen appearing green above the middle Bollinger Bands. This price candle has formed after the previous session tested the middle band of the Bollinger Bands indicator as a support level.
However, the Stochastic Relative Strength Index (Stochastic RSI) indicator line is generally descending toward the 60 mark, with only a slight deflection on the leading line of the indicator.
You can read more here: https://cryptosignals.org/cryptocurrency/solana-sol-price-prediction-sol-usdt-trades-above-the-150-00-mark/
Compound (COMPUSD) Undergoes a Significant Bullish Expansion
Price Analysis: COMPUSD Experiences a Bearish Reversal and Emerging Bullish Momentum
COMPUSD recently experienced a notable bearish reversal, with the price reacting sharply from the $34.00 level.
Initially, the pair was entrenched in a significant bearish trend, which intensified as the price was rejected from the $62.30 zone, breaking below the $41.80 support level and declining toward the $34.00 region.
You can read more here: https://cryptosignals.org/crypto/compund-compusd-undergoes-a-significant-bullish-expansion/
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💰 CTSIUSDT.P SHORT
Leverage: Cross 10x
➡️ Entry: 0.1357
🟢 Take profit 1: 0.1330 (Success rate: 95%)
🟢 Take profit 2: 0.1303 (Success rate: 77%)
🟢 Take profit 3: 0.1276 (Success rate: 36%)
🟢 Take profit 4: 0.1248 (Success rate: 27%)
🛑 Stop loss: 0.1425
Move stop-loss to breakeven when TP2 hit
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BNXUSDT.P SHORT
Leverage: Cross 10x
Entry: 0.7202
Take profit 1: 0.7058 (Success rate: 71%)
Take profit 2: 0.6914 (Success rate: 43%)
Take profit 3: 0.6770 (Success rate: 25%)
Take profit 4: 0.6626 (Success rate: 18%)
Stop loss: 0.7562
Trailing Configuration: Stop: Breakeven - Trigger: Target (1)
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EigenLayer (EIGEN) Oscillates Near the $3.456 Critical Level
Analysis of the Eigenlayer (EIGEN) Against Tether (USDT) on the 4-hour timeframe shows that in recent times the pair has been on a downtrend towards the lower Bollinger band at $3.456. However, the indicators on the chart suggest the pair might see a trend reversal as the price currently oscillates near a support level.
EIGEN/USDT has seen strong selling pressure recently, but with the current uptick, the pair shows signs of potential upside reversal. However, the buying pressure is without strong conviction, as more trading volume is needed to confirm the uptrend.
You can read more here:
https://cryptosignals.org/cryptocurrency/eigenlayer-eigen-oscillates-near-the-3-456-critical-level/
🚨 Crypto Signal Alert: #ACEUSDT | SHORT
• Entry Zone: 2.339
• 🔥 Strategy Accuracy: 93%
• Targets: 2.327, 2.269, 2.199, 2.105
• Stop-Loss: 2.409
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🚨 Crypto Signal Alert: #IOTAUSDT | LONG
• Entry Zone: 0.1194
• 🔥 Strategy Accuracy: 95%
• Targets: 0.1306, 0.1274, 0.1234, 0.1182
• Stop-Loss: 0.1313
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🚨 Crypto Signal Alert: #REZUSDT | SHORT
• Entry Zone: 0.03909
• 🔥 Strategy Accuracy: 90%
• Targets: 0.03889, 0.03792, 0.03674, 0.03518
• Stop-Loss: 0.04026
💬 Move to breakeven after hitting 0.03792
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Cryptosignals.org Daily Crypto Overview
Bitcoin: $67,019.70 (⬇️ -0.62%)
Ethereum: $2,611.63 (⬇️ -1.14%)
Bitcoin Fear and Greed Index: 70 Greed 😁
Major bias for Bitcoin in the past 7 days: 🐻 Bearish
Trending Coins (Top gainers & losers)
BEAM: 7.10% ⬆️
POPCAT: 5.63% ⬆️
APE: -12.75% ⬇️
DYDX: -10.40% ⬇️
Today's highlights
Bitcoin academics slam controversial ECB paper blasting Bitcoin
- Cointelegraph
Tether CEO Ardoino Says He Expects U.S. Will Catch Up in Crypto Regulation
- Coindesk
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ApeCoin (APEUSD) Trends Bullish
Price Analysis: Bullish Momentum Emerges After the Conclusion of the Bearish Decline
In early June 2024, APEUSD experienced a notable bearish break of structure as the price fell below the crucial $1.040 support level.
This breakdown marked the beginning of a clear bearish trend, with the asset forming successive lower lows and lower highs, signaling sustained downside pressure. The bearish decline found significant support at the $0.490 level, which became the major low in this cycle.
You can read more here: https://cryptosignals.org/ape-usd/apecoin-apeusd-trends-bullish/
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EigenLayer Trading Signal (Swing)
Instrument: EIGEN/USDT
My opinion: Sell Stop (pending order)
Entry price: $3.450
Stop: $3.990
Target: $3.000
Risk Settings: 1%
R. R. R: 1:1
N. B: This pending order will be closed if not triggered in 24 hours.
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@andreoutberg
🚨 Crypto Signal Alert: #ACEUSDT | SHORT
• Entry Zone: 2.312
• 🔥 Strategy Accuracy: 93%
• Targets: 2.300, 2.243, 2.173, 2.081
• Stop-Loss: 2.381
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Cryptosignals.org Daily Crypto Overview
Bitcoin: $67,307.63 (⬇️ -2.22%)
Ethereum: $2,638.37 (⬇️ -3.30%)
Bitcoin Fear and Greed Index: 70 Greed 😁
Major bias for Bitcoin in the past 7 days: 🐂 Bullish
Trending Coins (Top gainers & losers)
APT: 11.48% ⬆️
MEW: 7.22% ⬆️
AERO: -6.34% ⬇️
TAO: -5.66% ⬇️
Today's highlights
CFTC chair says agency is ‘handcuffed’ as crypto regulations stall: Report
- Cointelegraph
Ripple Co-Founder Larsen Flooding Kamala Harris' Election Effort With XRP
- Coindesk
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Enjin Coin (ENJUSD) Trade Signal (INTRA DAY)
Instrument: ENJ/USD
My opinion: Buy Limit
Entry price: $0.150
Stop: $0.139
Target: $0.173
Our risk setting: 1%
RRR: 1:2
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