Over the past 24 hours, Ethereum has rejected from its $2,550 resistance zone, triggering a structural breakdown. This region includes the 0.618 Fibonacci retracement, the point of control, and a major high time frame resistance level that has held for more than a week. If momentum fails to return, Ethereum may be setting up for … Read more
SPX6900 has rebounded from support after a steep drop but now faces heavy resistance. A failure to reclaim $1.42 could confirm a full bearish structure shift and deeper downside. After printing an all-time high, SPX6900 (SPX6900) experienced a dramatic decline, breaking below prior higher lows and invalidating the bullish market structure. The current bounce, while … Read more
Sonic has bounced hard from fresh yearly lows, but bearish market structure remains intact. For a true reversal, price must hold above $0.24 and reclaim $0.40 with volume-backed strength. Sonic (SONIC) recently dropped to a new yearly low near $0.24 before staging an impulsive rebound. The move has sparked speculation: is this a major bottom … Read more
Dogecoin is at a critical juncture as DOGE price hovers just above key support within a descending triangle, with bearish momentum suggesting a potential breakdown to $0.145. Dogecoin (DOGE) price has formed a descending triangle pattern on the daily chart, with price action compressing toward the apex. The descending triangle is a bearish continuation pattern … Read more
Ethereum price continues its freefall and has formed an inverse cup and handle pattern, pointing to further downside to a record low Ethereum (ETH) has dropped for three consecutive weeks and is hovering at its lowest level since January 2020 against Bitcoin (BTC). The ETH/BTC pair plunged to a low of 0.019, down more than … Read more
A crypto strategist known for accurately calling the 2021 digital asset cycle top believes that altcoins are poised to witness a bounce. The analyst pseudonymously known as Pentoshi tells his 854,200 followers on the social media platform X that he’s accumulating crypto assets believing that the altcoin market is gearing up for a recovery. He … Read more