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The Crypto Express

#BTC/USDT ANALYSIS

Bitcoin is facing rejection from the resistance trendline of the descending broadening wedge pattern, with the 50MA acting as a resistance barrier above the current price action.

Further correction is possible from this level. However, a breakout above both the 50MA and the wedge would confirm bullish momentum.

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The Crypto Express

#ETH/USDT ANALYSIS

ETH is rebounding from the support trendline of the ascending triangle pattern, with the Ichimoku Cloud acting as a resistance barrier.

Holding this level could lead to further upside, while a breakdown below the support trendline may result in additional correction.

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The Crypto Express

#BTC/USDT ANALYSIS

Bitcoin is rebounding from the support trendline of the falling wedge pattern after a deep correction. The Ichimoku Cloud is acting as a resistance barrier above the wedge.

Holding this level could trigger an upward rally, while a breakdown below the wedge support may lead to further market correction.

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The Crypto Express

#BTC/USDT ANALYSIS

Bitcoin is currently trading around a strong key horizontal S/R level, where the 200 Moving Average is acting as solid support.

As observed in the past, a similar scenario has already played out.

As long as price continues to hold above this level, a strong bullish rally can be expected.

This zone is very important for the next directional move, so keep a close eye on price action here.

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The Crypto Express

#CFX/USDT ANALYSIS

CFX is consolidating within a descending channel and is currently trading above the support trendline, which is acting as support.

A bounce from this level is possible; alternatively, a breakout above the channel’s resistance trendline and the Ichimoku Cloud would confirm bullish momentum.

On the other hand, a breakdown below the support trendline would invalidate the formation.

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The Crypto Express

#S&P 500 ANALYSIS

The S&P 500 is facing rejection from the resistance trendline of the rising wedge pattern, while the Ichimoku Cloud is acting as support, indicating strength.

A bounce from this level is possible; however, a breakdown below the wedge could trigger further downside.

Given its close correlation with the crypto market, the S&P’s next move will be crucial in determining broader risk sentiment, making this a key level to monitor closely.

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The Crypto Express

#BTC/USDT ANALYSIS

Bitcoin is consolidating within an ascending triangle pattern and is currently rebounding from the support trendline.

The Ichimoku Cloud is acting as support, indicating strength. A confirmed breakout or breakdown is needed to determine the next directional move.

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The Crypto Express

#XVG/USDT ANALYSIS

XVG is rebounding from the support trendline of the symmetrical triangle pattern, with the 50MA acting as a resistance barrier above the current price action.

A breakout above both the 50MA and the triangle’s resistance trendline would confirm a bullish rally.

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The Crypto Express

#US DOLLAR ANALYSIS

The US Dollar is rebounding from the support trendline of the falling wedge pattern, with the 50MA acting as a resistance barrier above the wedge.

A decisive breakout of the pattern would signal a bullish trend, while a breakdown below the wedge support would invalidate the formation.

Given the US Dollar’s typical inverse relationship with the crypto market, this price action may play a crucial role in shaping upcoming crypto trends.

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The Crypto Express

#BTC/USDT ANALYSIS

Bitcoin is facing rejection from the resistance trendline and is currently rebounding from a key horizontal demand zone. The Ichimoku Cloud is acting as a resistance barrier.

A breakout above the resistance trendline could trigger an upward rally, while a breakdown below the demand zone may lead to further market correction.

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The Crypto Express

#SSV/USDT ANALYSIS

SSV is rebounding from the support trendline of the falling wedge pattern. A decisive breakout of the wedge would confirm bullish momentum. Otherwise, price may continue to consolidate within the wedge.

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The Crypto Express

JUST IN: Silver crashes below $80 now trading at $76, falling over 30% in a single day.

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The Crypto Express

#ZEC/USDT ANALYSIS

ZEC is consolidating within a symmetrical triangle pattern and is currently trading above the support trendline.

A potential bounce is expected as long as this level holds. However, a breakdown below the triangle could trigger a downward move.

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The Crypto Express

#BTC DOMINANCE ANALYSIS

BTC Dominance is consolidating within a symmetrical triangle pattern, with the Ichimoku Cloud acting as support.

A confirmed breakout or breakdown is needed to determine the next directional move.

It’s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.

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The Crypto Express

#XRP/USDT ANALYSIS

XRP is trading within a strong horizontal demand zone of the descending triangle pattern. A potential bounce from this level is possible.

However, a breakdown of the demand zone could lead to further correction. Keep an eye on upcoming price action developments.

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The Crypto Express

#TOTAL MARKET CAP ANALYSIS

The total market cap bounced from the 200 MA and a strong demand zone with significant volume.

The RSI is in the extremely oversold region and showing hidden bullish divergence.

With the downside liquidity already swept, a reversal can be expected as long as the price continues to trade above the horizontal support.

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The Crypto Express

#ALTS MARKET CAP ANALYSIS

The altcoins market cap has broken down from the ascending triangle pattern and is currently trading within a horizontal demand zone.

The Ichimoku Cloud is acting as a resistance barrier. Holding this demand zone could lead to an upward move, while a breakdown below it may result in further correction in the altcoin market.

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The Crypto Express

#XTZ/USDT BUY SETUP

XTZ is trading above a strong horizontal demand zone and is currently testing the trendline. A successful hold at this level could trigger a strong bullish rally.🚀

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The Crypto Express

#BTC DOMINANCE ANALYSIS

BTC Dominance is consolidating within a symmetrical triangle pattern and is currently facing rejection from the resistance trendline.

The Ichimoku Cloud is acting as support. A confirmed breakout or breakdown is needed to determine the next directional move.

It’s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.

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The Crypto Express

#BTC/USDT ANALYSIS

Bitcoin is rebounding from the horizontal demand zone after a strong rejection at the resistance trendline. The Ichimoku Cloud is acting as a resistance barrier.

Holding above the demand zone could support an upward rally, while a breakdown below it may lead to further market correction.

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The Crypto Express

#DOGE/USDT ANALYSIS

DOGE is rebounding from the horizontal demand zone and is currently trading above the support trendline of the falling wedge pattern.

The 21MA is acting as a resistance barrier. A decisive breakout above both the wedge and the 21MA could trigger a bullish rally.

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The Crypto Express

#USDT DOMINANCE ANALYSIS

USDT Dominance has broken out of the descending triangle pattern with significant volume and is currently going for a retest of the breakout level. The Ichimoku Cloud is acting as support.

A successful retest could trigger a further upward rally, while failure to hold may result in price action returning inside the pattern.

It’s important to note that USDT Dominance often exhibits an inverse correlation with the broader cryptocurrency market.

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The Crypto Express

#BTC/USDT ANALYSIS

Bitcoin is trading within a horizontal demand zone, with the Ichimoku Cloud acting as a resistance barrier.

A bounce from this level is possible. However, a breakdown below it could lead to further market correction.

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The Crypto Express

#ENA/USDT ANALYSIS

ENA is rebounding from the support trendline of the falling wedge pattern. The 21MA is acting as a resistance barrier above the wedge resistance.

A decisive breakout above both the wedge and the 21MA would confirm bullish momentum.

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The Crypto Express

#TOTAL MARKET CAP ANALYSIS

The total crypto market cap has broken down from the rising wedge pattern and has successfully retested the breakdown level. The 100MA is acting as a resistance barrier above the current price action.

Price is now moving toward the next demand zone, where the 200MA is providing support. Keep an eye on further price action developments.

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The Crypto Express

#BTC/USDT ANALYSIS

Bitcoin is rebounding from the horizontal demand zone. If price continues to hold above this level, further market recovery is possible.

The Ichimoku Cloud is acting as a resistance barrier, while a breakdown below the demand zone could lead to additional market correction.

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The Crypto Express

#ALTS MARKET CAP ANALYSIS

The altcoins market cap has broken down from the descending triangle pattern with significant volume.

The Ichimoku Cloud is also signaling bearish momentum.

Continued holding below the breakdown level could lead to further downside.

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The Crypto Express

#BTC/USDT ANALYSIS

Bitcoin has faced strong rejection from the resistance trendline and is currently trading within a horizontal demand zone. The Ichimoku Cloud is acting as resistance.

Holding this demand zone could support a market recovery, while a breakdown below it may lead to further correction.

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The Crypto Express

#XRP/USDT ANALYSIS

XRP is trading within a strong horizontal demand zone of the descending triangle pattern. A potential bounce from this level is possible.

However, a breakdown of the demand zone could lead to further correction. Keep an eye on upcoming price action developments.

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The Crypto Express

#VIC/USDT ANALYSIS

VIC is consolidating within a falling wedge pattern and is currently trading above the support trendline. The 21MA is acting as a resistance barrier above the wedge.

A decisive breakout of the wedge would confirm bullish momentum, while a breakdown would invalidate the formation.

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