The start of Bitcoin's recovery with an attempt to surpass $89,000
#BTCHashratePeak The Bitcoin currency continues to gradually recover part of its recent losses, as it surpassed the $89,000 levels today, after touching the $92,000 levels during the night hours, according to available data. This recovery comes as it attempts to move away from the recent lows it recorded. The recent performance of Bitcoin:
For the current technical analysis: Strong breakout: The price broke through the sideways range (around 3.70) with a long green "Marubozu" candle, reflecting complete control by buyers. Current resistance: The price is facing resistance at the last peak reached today, which is 4.1023. Indicators: RSI: Approaching the overbought zone (above 68), indicating momentum, but we may need a slight correction or fluctuation before continuing the rise. MACD: Has started to cross positively above the zero line, which is a good indicator for the continuation of upward momentum. Upcoming targets (bullish scenario): If the price successfully closes and stabilizes above the 4.10 level, the expected targets are: First target: 4.25 (psychological level and nearby resistance). Second target: 4.50 (expected profit-taking area). Long-term target: 5.00 (if high liquidity and momentum continue).#Lightdefi $LIGHT $LIGHT
m7ammar11 حزين القسم الله الوطن الثوره
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$LIGHT Technical Analysis of Targets: Current Price: 3.5579 First Target (approximately achieved): Zone 3.6153 (which is the peak reached by the upper tail of the long green candle). Second Expected Target: Based on the current price movement and momentum, the next target is in the area of 3.8000 (which is the highest price reached by the pair in the last 24 hours as shown in the screen data above the chart). Third Target (ambitious): If the level of 3.8000 is breached and stabilized above it, we may see a test of the 4.00 levels.
The digital currency ZEC leads the altcoin market and the price of Bitcoin maintains support at $88,000
#BTCVSGOLD The digital currency ZEC recorded a new increase of double-digit percentage, as the price of Bitcoin continued to defend the $88,000 level over the weekend.
Despite the improvement in inflation data in the United States, Bitcoin was unable to capitalize on this momentum, as it failed to break the $89,500 level on Thursday.
After two consecutive rejections near $94,500 last week, the price of Bitcoin entered a corrective wave during which the price dropped to $90,000, before renewed selling pressure at the beginning of the week pushed it below $85,500.
$LIGHT Price Action Analysis General Trend: The currency is in a very strong uptrend (+62.71%), as we observe a series of large green candles breaking through previous resistance levels. Current Situation: The price is now at 3.6314. There is a long upper "wick" in the last candle, indicating selling pressure or "profit-taking" at levels close to 3.90. 2. Technical Indicators RSI Indicator (Relative Strength Index): Values are hovering around 65. This means that the currency is approaching the "overbought" area but has not entered it strongly yet. Typically, a value above 70 is the alert for the beginning of a correction. MACD Indicator: We observe a positive crossover and the beginning of green bars appearing above the zero line, supporting the continuation of the upward momentum in the very short term, but caution is advised regarding fluctuations in small "timeframes".
$LIGHT Technical Analysis of Targets: Current Price: 3.5579 First Target (approximately achieved): Zone 3.6153 (which is the peak reached by the upper tail of the long green candle). Second Expected Target: Based on the current price movement and momentum, the next target is in the area of 3.8000 (which is the highest price reached by the pair in the last 24 hours as shown in the screen data above the chart). Third Target (ambitious): If the level of 3.8000 is breached and stabilized above it, we may see a test of the 4.00 levels.
$LIGHT LIGHT coin: is undergoing a profit-taking and correction phase after a rapid peak, its stability above $3.00 is essential for returning to the target of $3.47. . LIGHT/USDT coin (price update) Current price: 3.0262 USDT, with a strong increase of +44.66%. Upcoming targets (resistance): the first target is to return to test the daily peak at 3.4780. Exceeding this level opens the way towards the 3.52 areas. Support: in case the current correction continues, the level of 2.8476 represents a nearby support area. RSI Indicator: dipped slightly to levels 57-59, indicating that the price is exiting the overbought zone and entering a cooling phase that may be followed by a new upward attempt. LIGHT coin: is undergoing a profit-taking and correction phase after a rapid peak, its stability above $3.00 is essential for returning to the target of $3.47.
#Lightdefi The currency is now in a "price explosion" (Pump). If you own the currency, it might be a good idea to set a trailing stop loss to protect your profits. However, if you are considering entering now, the risk is high because the price is close to the daily peak and may face resistance at the level of 3.5$LIGHT $LIGHT . Price Action
m7ammar11 حزين القسم الله الوطن الثوره
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$LIGHT $PIPPIN . The currency is now in a "price explosion" (Pump). If you own the currency, it might be wise to place a trailing Stop Loss order to protect your profits. However, if you are considering entering now, the risk is high as the price is close to the daily high, and it may face resistance at the level of 2.93. Price Action Current Price: 2.8779 USDT. Overall Trend: The currency is in a very strong upward trend with an increase of +43.68%. Candlestick Chart: The last long green candle indicates strong buying momentum currently and an attempt to break previous peaks near the level of 2.92. 2. Technical Indicators RSI (Relative Strength Index): The three displayed values (65.8, 66.5, 66.9) indicate that the currency is approaching the "overbought" zone (usually above 70). This means that the momentum is strong, but caution is advised due to the possibility of a slight correction for profit-taking. MACD: The indicator at the bottom shows the beginning of a shift in momentum to positive (small green bars have started to appear), and the crossing of lines indicates the continuation of the upward movement in the short term.
$BTC 2. Analysis of BTC/USDT (Bitcoin) Bitcoin shows a state of stability leaning towards occasional fluctuations at a price of 88,241.17. Resistance: Bitcoin faces resistance at levels of 88,388 and 88,545. The rise over the last 24 hours reached 89,399.97, which is the main target for returning to absolute positivity. Support: There is strong support at the area of 87,760 (the low from which the price recently rebounded, as shown in the long candle wick). RSI Indicator: A value around 52 means that the market is in a state of equilibrium (Neutral), and there is currently no overbought or oversold condition.BTC: It is moving in a sideways range, and its stability above 88,000 is essential for the continued positivity of alternative currencies like $ANIME $.
$ANIME The high elevations (more than 50%) are often followed by sharp fluctuations. It is always recommended to use a "stop-loss order" to maintain realized profits.
$ANIME Current resistance and first target: The chart shows that the price has reached a peak close to 0.008330. This level represents the current obstacle; if the price manages to close above the 0.008372 level (the upper line in the chart), the next expected target may head towards the 0.008500 areas and then 0.009000. Price momentum: The currency is experiencing a significant increase of 51.16%+, reflecting a huge buying strength at the moment. RSI Indicator: The indicator records values close to 67, which is a strong area but nearing "overbought". This means that the currency may continue to rise slightly before needing a correction period or sideways fluctuation to take profits.
$LIGHT $PIPPIN . The currency is now in a "price explosion" (Pump). If you own the currency, it might be wise to place a trailing Stop Loss order to protect your profits. However, if you are considering entering now, the risk is high as the price is close to the daily high, and it may face resistance at the level of 2.93. Price Action Current Price: 2.8779 USDT. Overall Trend: The currency is in a very strong upward trend with an increase of +43.68%. Candlestick Chart: The last long green candle indicates strong buying momentum currently and an attempt to break previous peaks near the level of 2.92. 2. Technical Indicators RSI (Relative Strength Index): The three displayed values (65.8, 66.5, 66.9) indicate that the currency is approaching the "overbought" zone (usually above 70). This means that the momentum is strong, but caution is advised due to the possibility of a slight correction for profit-taking. MACD: The indicator at the bottom shows the beginning of a shift in momentum to positive (small green bars have started to appear), and the crossing of lines indicates the continuation of the upward movement in the short term.
$GIGGLE GIGGLE Currency Movement Analysis Current Performance: The currency is trading at a price of $71.43, with a notable increase of 22.80%+ over the past 24 hours. Trading Range: The currency recorded its highest level at $76.10, while its lowest level was at $57.72. Technical Momentum: RSI Indicator: Ranges around levels 56-57, indicating moderate positive momentum without entering the overbought territory. MACD Indicator: Shows a slight decline in upward momentum (MACD value negative at -0.14), which may indicate a period of fluctuation or sideways correction after the recent rise. Trading Volume: The trading volume over 24 hours was approximately 35.49 million USDT. Summary of the Post: "GIGGLE currency continues to shine with an increase exceeding 22% 🚀. Despite the slight retreat from today's peak (76.10), indicators still support stability above the $71 level. Is the currency preparing to break the previous peak, or will we witness a new accumulation phase?" Breaking the previous peak
$ANIME Summary of the proposal for the publication "ANIME coin is surging today with an increase exceeding 36%! 🔥 The price is nearing a breakthrough of the $0.0075 barrier with strong liquidity exceeding 91 million USDT. The technical indicators (RSI and MACD) show continued buying momentum, but eyes are on the current resistance levels. Will we see a new annual high today?"
$ANIME Technical indicators displayed Trend: The chart shows a clear upward trend (Downtrend to Uptrend) with a series of ascending peaks and troughs recently. RSI Indicator: The values range between 62 and 63. This indicates that the currency is approaching the "overbought" area, suggesting that the momentum is very strong but caution is needed due to the possibility of a slight correction for profit-taking. MACD Indicator: We observe positive momentum with the indicator lines crossing upwards and the beginning of green bars, supporting the continuation of short-term positivity. Trading Volume: The trading volume reached 91.96 million USDT, a figure that reflects significant interest in the currency at the moment.
$SOPH Quick Summary of the Post (Suggestion): "SOPH currency is experiencing a price explosion today with an increase exceeding 36%! 🚀 The price is trying to stabilize above levels of 0.0165 after a strong rebound from the bottom. Will we see a breakout of today's peak at 0.019 or will profit-taking begin? The technical indicators are still in a neutral zone allowing for more upward movement."