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🕶Just providing analyzes on regular basis. #Crypto #Alts 📲 @cyberdavid1 Not Financial Advice
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#BTC.D is trending within an ascending channel, recently bounced off support but now facing resistance at the Ichimoku cloud and middle line🧐
A rejection and decline in $BTC dominance, especially if Bitcoin remains stable, could signal a bullish outlook for altcoins🤓
#XRP
Price range of $3-7 in 2024 is possible due to potential breakout from 6-year downtrend🧐
Ripple planning IPO amidst SEC lawsuit signals robust future and leadership in CBDCs and payments☝️
Technical analysis shows possibility of bullish hammer formation but external factors like SEC news may cause setbacks📝
#BTC
Bitcoin is forming an ascending triangle pattern which typically leads to a bullish price breakout upwards by an amount equal to the height of the triangle🤓
A breakout is expected soon, so stay tuned😉
💰 #ARB has shown resilience amid the crypto market downturn, breaking out from a rounding bottom pattern🧐
This signals a potential 145% rally to $4.5🚀
#KAVA will soon overcome consolidation resistance at 0.99, potentially triggering robust growth towards target prices of 1.550 and 1.890✈️
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#CETUS
The rounding bottom that started in June 2023 formed on price chart, suggesting $CETUS is positioned for an upward price breakout✈️
💰 #ETC
Ethereum Classic has been consolidating for a long period, indicating a major bullish price move is forthcoming🤔
Now price printing higher lows in a bullish pattern that is expected to reach $53 once the consolidation range breaks out📝
💰 #USDT.D index broke below descending triangle support
Successful retest below triangle support would confirm breakdown and bearish signal📉
Declining USDT dominance typically bullish for crypto markets due to inverse relationship📝
💰 #BTC
Bitcoin is trading sideways within an ascending triangle pattern with support at the Ichimoku cloud and 100-day moving average💁♂️
A breakout from the triangle is needed to confirm the next upside move✈️
Funding matrix will remain red until the end of altseason. Late longers will pay a lot of fees!
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#GALA broke out of a descending triangle pattern and successfully retested the breakout level as new support🧐
Suggest high probability of further upside🔼
💰 #ETH declined through $2340 resistance🔻
Bounce from resistance suggests possible continuation of range-bound action🫠
💰 #BTC
Bitcoin has a short-term bullish outlook with a price target around $48,000💁♂️
💰 #BTC
Price is awaiting a breakout above $44,000 as investors anticipate spot Bitcoin ETF approvals in January while BlackRock and SEC discuss rule changes to enable listings🧐
Suggest sustained upside momentum toward $48,000📈
#AXS bounced upward from a key support area👀
Now price showing signs of recovering from a recent drop, with potential to continue moving upwards📈
#ETH
January historically sees strong Ethereum price gains📆
Approval of the first Bitcoin ETF could spur similar filings for Ethereum ETF products, adding buying pressure📝
Ether has underperformed Bitcoin recently from a technical perspective, suggesting room for catch-up moves🧐
Upcoming network changes like the Shanghai upgrade aim to improve Ethereum speed, costs and scalability☝️
#MATIC presents a good mid-term opportunity to break out from its recent downtrend, as price shows signs of a potential upside breakout📈
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#TIA is consolidating within a bull flag pattern and is currently breaking above the resistance trendline👀
Breakout would confirm bullish trend🔼
#SXP has crossed and retested a MA 50🔍
Massive upward price rally expected after breakout descending resistance📈
Price target is $4🎯
💰 #RUNE
Pair shows a falling wedge pattern forming on the 4-hour chart which could lead to a bullish breakout🤓
💰 #BTC is consolidating within a symmetrical triangle after a bullish rally, with the Ichimoku cloud showing bullish momentum🧐
Breaking triangle and cloud resistance would shift market sentiment to bullish📈
❗️Less than 100 days left before the Bitcoin Halving
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💰 #BTC.D
Bitcoin dominance dropped from 55.5% to 51.5% after a rising wedge pattern predicted declines📉
Altcoins have rallied strongly as Bitcoin dominance declined, but most alts are now overbought and due for a correction☝️
💰 #ETH
Price broke consolidation resistance after weeks of ranging👀
Important near-term supports at $2383 and $2300 to hold as bullish consolidation🧐
Medium-term target of $2650 with chance of testing by year-end📈
💰 #BTC
Price declined recently, testing an important support level👀
There was a rejection on the daily timeframe but no confirmation yet if it will break below this zone.🧐
The initial resistance/flip level is now between $43,000-$43,200💁♂️
💰 #SUI broke out of an ascending triangle pattern👀
Recent $ARB price pump may have helped trigger the $SUI breakout🤓
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🟣 #MATIC
Price movement predicting a breakout from the descending triangle pattern which could result in the price reaching around $2 in the coming months🧐
💰 #SOL
Strong ascending support exists around $70 and the long-term uptrend remains intact.🧐
News of the Solana Saga phone fetching premium resale prices on eBay due to a memecoin airdrop could also boost Solana's visibility and price📈