After breaking above the middle boundary of the descending price channel, Ethereum has temporarily lost its bullish momentum, slightly approaching the crucial $2.8K resistance.
The upcoming price action around this level will play a decisive role in shaping Ethereum’s trajectory in the mid-term, with potential outcomes dependent on whether buyers can overcome the selling pressure.

By Shayan
The Daily Chart
Ethereum’s daily chart reveals that following a pullback towards the middle threshold of the descending price channel, the market faced lower trading activity, leading to a slight consolidation stage with minimal volatility.
During this consolidation, the ETH price has slightly retraced toward the significant resistance at $2.8K, a critical level that aligns with

Ripple’s price is finally showing bullish momentum on the USDT and BTC pairs as it has taken out significant resistance levels. Yet, there’s still much work to do.
XRP Price Analysis
By Edris Derakhshi (TradingRage)
The USDT Paired Chart
Against USDT, the Ripple price has been reeling since it rebounded from the $0.5 support level, breaking above the 200-day moving average (around $0.55) and the critical $0.66 mark. The cryptocurrency is finally on its way to testing the $0.7 resistance zone.
Source: TradingViewHowever, the RSI is approaching the overbought region, a caution signal that could indicate a potential pullback soon.
The BTC Paired Chart
The XRP/BTC chart shows that the price has been consolidating in a bullish flag pattern since breaking above the 800 SAT

Bitcoin’s recent price surge toward $66,000 has led to heightened optimism, but the market now faces a potential retracement phase.
The $66K resistance level is proving to be a formidable barrier, and BTC is likely to undergo a period of consolidation or correction before determining its next major trend.
Technical Analysis
By Shayan
The Daily Chart
Bitcoin recently experienced a strong bullish surge, reaching the critical $66K resistance region after originating from a significant support level of around $55K.
This bullish momentum was driven by improved market sentiment and buying activity. However, upon nearing the $66K threshold, Bitcoin’s price faced considerable selling pressure, leading to a slight rejection.
This range represents a significant resistance level that

Bitcoin’s price has broken post a key level recently and is seemingly targeting a new all-time high in the short term.
Technical Analysis
By Edris Derakhshi (TradingRage)
The Daily Chart
On the daily chart, the price has finally broken above the $64K level and the 200-day moving average, which is located around the same mark.
With the RSI also showing a clear bullish momentum, the cryptocurrency will likely continue its uptrend toward the $68K resistance zone in the short term.
Otherwise, in case of a correction, the 200-day moving average is still likely to hold the price and push the market higher.
Source: TradingViewThe 4-Hour Chart
Looking at the 4-hour timeframe, the price has been creating higher highs and lows ever since its rebound from the $52K support level.

Bitcoin’s price is currently at a critical level, and its reaction will likely determine the mid-term trend of the entire crypto market.
Technical Analysis
By Edris Derakhshi (TradingRage)
The Daily Chart
On the daily chart, the asset has been rallying since it rebounded from the $52K support level and has broken both the $56K and $60K levels to the upside with momentum. However, the market has finally reached the 200-day moving average, which coincides with the key $64K resistance level.
A bullish breakout could lead to a new surge toward higher prices. Meanwhile, if the cryptocurrency gets rejected to the downside, the $60K level would likely support pushing it back higher.
The 4-Hour Chart
The 4-hour chart demonstrates a tricky situation for the BTC price, as it is

Ethereum’s bullish momentum has weakened after breaching the middle trendline of a multi-month descending channel, resulting in muted sideways price action.
This consolidation phase could lead to a pullback, potentially setting up the stage for the next leg of the bullish trend.
Technical Analysis
By Shayan
The Daily Chart
Ethereum experienced a surge driven by increased buying activity in the perpetual and spot markets, breaking above the crucial $2.5K resistance level. This breakout signals buyers’ intent to push ETH toward its yearly high of $4K despite the prevailing bearish sentiment over the past few months.
Currently, Ethereum’s price is consolidating in a sideways pattern, hinting at a potential pullback toward the recently broken trendline. If the price retraces

After a solid bullish rebound, Ripple’s price surged to the $0.60 level. However, it has since entered a brief consolidation phase, which may pave the way for further upward movement toward the significant $0.64 resistance.

By Shayan
The Daily Chart
A closer look at Ripple’s daily chart reveals that following an increase in demand around the key 100-day ($0.53) and 200-day ($0.55) moving averages, buying activity intensified, leading to a sharp price surge toward the $0.60 mark.
Although Ripple’s upward momentum has temporarily paused, the price has now entered a short-term consolidation at this level. This phase is likely to be followed by a continuation of the bullish trend, with XRP targeting the critical $0.64 resistance level, a zone that has consistently challenged

Bitcoin’s price finally looks set to break back above the $60K level after weeks of consolidation. However, there is still one more key resistance level that the price needs to overcome.
Technical Analysis
By: Edris Derakhshi (TradingRage)
The Daily Chart
On the daily timeframe, Bitcoin’s price is demonstrating a willingness to finally break above the $60K resistance level, following its rebound from $52K.
The RSI also shows values above 50, indicating that the market momentum is bullish once again. However, for the cryptocurrency to begin a new long-term rally, the price should first rise above the 200-day moving average, which is located near the $64K resistance level.
Source: TradingViewThe 4-Hour Chart
The 4-hour chart clarifies the recent price action, as the market

Bitcoin has recently experienced a strong bullish reversal from a critical support zone, defined by the 0.5 and 0.618 Fibonacci levels.
BTC is now approaching the 100-day moving average at $61.6K, where it may encounter significant selling pressure, suggesting a potential short-term consolidation.
Technical Analysis
By Shayan
The Daily Chart
A closer examination of Bitcoin’s daily chart reveals that after a decline toward the key support zone between the 0.5 ($56.3K) and 0.618 ($52.1K) Fibonacci levels, the asset encountered substantial buying pressure, triggering a sharp reversal. This bullish momentum led to a roughly 15% surge toward the 100-day moving average at $61.6K, a major resistance level.
The current price action suggests buyers have re-entered the market,

Ripple has found strong support within a critical price range, defined by the 100-day and 200-day moving averages, experiencing a significant bullish rebound.
However, the asset is anticipated to continue rising toward the key resistance level at $0.64, where selling pressure may temporarily slow the upward momentum.
XRP Analysis
By Shayan
The Daily Chart
An in-depth analysis of Ripple’s daily chart reveals that it encountered substantial buying pressure at a key support zone between the 100-day ($0.53) and 200-day ($0.55) moving averages. This surge in demand triggered a notable price recovery from the $0.53-$0.55 range, pushing XRP higher. The price is now trending toward the critical resistance level of $0.64, a zone that has repeatedly challenged Ripple’s buyers in

Bitcoin’s price has yet to recover from the recent drop, consolidating without a clear indication of its future direction. However, there are some signs that it could drop further if it’s unable to overcome $60,000 soon.
Recall that the largest digital asset slumped hard on Tuesday, dropping from over $63,000 to $58,000, before recovering slightly to its current levels of $60,000.
Technical Analysis
By TradingRage
The Daily Chart
On the daily timeframe, the asset has recently been rejected from the 200-day moving average and the $64K resistance level. It has also broken below  $60K and is seemingly on its way toward the $56K support zone.
The RSI has also dropped below 50%, indicating that the momentum is gradually shifting bearish once again. Considering the current

Ethereum’s price has been consolidating after a significant crash a few weeks ago, making market participants hopeful that the price is creating a bottom.
Technical Analysis
By: Edris Derakhshi
The Daily Chart
On the daily chart, the price has gradually made higher highs and lows since rebounding from the $2,100 support level. Yet, the market is yet to break past the $2,700 resistance, while a rejection could lead to another drop to $2,100.
On the other hand, if the market successfully breaks through this resistance, a rise toward $3,000 would be imminent in the short term.
Source: TradingViewThe 4-Hour Chart
The 4-hour chart clarifies the recent price action, as the market has been moving inside a rising wedge pattern.
These are primarily bearish. A breakout below the

Bitcoin’s price has been holding strong around the $60K level following the significant crash a few weeks ago. Investors are now optimistic that the market will soon rally to new all-time highs.
Technical Analysis
By TradingRage
The Daily Chart
On the daily timeframe, the price has been consolidating during the last couple of weeks after recovering from the $50K mark.
Yet, the 200-day moving average, located around $63K, is yet to be broken to the upside. A bullish breakout above this level is a must for BTC to continue its long-term rally.
On the other hand, if the market loses the $56K support level, things can get worse, as the price will likely drop to $52K and even lower in the short term.
Source: TradingViewThe 4-Hour Chart
Looking at the 4-hour chart, the price has

Bitcoin’s price has yet to recover following the crash from $68K a couple of weeks ago.
The cryptocurrency has been consolidating in a tight range, leaving market participants wondering about its future direction.
BTC Price Technical Analysis
By TradingRage
The Daily Chart
The daily chart shows that the BTC price has failed to climb back above the 200-day moving average, located around the $63K mark, after dropping below it earlier. The market is now consolidating around the $60K level and is yet to reclaim this key area.
Either way, as long as the cryptocurrency is trading below the 200-day moving average, the probability of continuing the long-term bullish trend is considerably low.
Source: TradingViewThe 4-Hour Chart
Looking at the 4-hour timeframe, Bitcoin’s recent

Ethereum has entered a consolidation correction phase, retracing back toward the broken lower boundary of the multi-month wedge.
This movement suggests a potential pullback to the previously breached level, indicating a likely continuation of the bearish trend in the upcoming days.

By Shayan
The Daily Chart
A closer examination of Ethereum’s daily chart shows that the cryptocurrency has entered a corrective phase, with price action signaling a potential pullback toward the wedge’s broken lower boundary at $2.8K. After finding support near the crucial $2K level, ETH initiated a bullish retracement, moving back toward this key resistance zone.
However, this area is likely filled with supply, leading to increased selling pressure.
If the cryptocurrency fails to break above

Bitcoin’s price is consolidating in a tight range as market participants are uncertain about the future direction of the price.
Technical Analysis
By TradingRage
The Daily Chart
On the daily chart, the price has recently rebounded from the $50K area, following the significant drop below the 200-day moving average. Currently, the market is consolidating below the moving average, which is located around the $63K mark, failing to climb back above.
Meanwhile, the $56K support level currently holds the market, preventing the price from dropping further. Therefore, a breakout from either this level or the 200-day moving average could determine the short-term price action of BTC and the crypto market.
Source: TradingViewThe 4-Hour Chart
Looking at the 4-hour timeframe, the price

XRP’s price has seen minimal volatility near the significant support region of the 200-day moving average at $0.54.
Given the potential demand at this crucial juncture, a period of sideways consolidation is expected, with Ripple likely moving toward the $0.64 resistance region in the short term.

By Shayan
The Daily Chart
Ripple’s price is showing minimal volatility near the crucial support level of the 200-day moving average at $0.54. After a slight rejection from the significant $0.63 resistance zone, it retraced toward the support of around $0.55. This aligns with the 200-day moving average, offering a strong foundation for the price.
Currently, the cryptocurrency seems to be consolidating with little indication of its next direction. The price remains confined within a

Following a sharp 37% decline, Ethereum encountered significant buying activity near the $2.1K support region, leading to a bullish rebound.
However, the current price action suggests that ETH may be completing a pullback to the wedge’s lower boundary at $2.8K, which could signal a continuation of the bearish trend.

By Shayan
The Daily Chart
A closer look at Ethereum’s daily chart reveals a strong bullish response near the critical $2.1K support level, resulting in a rapid surge. This movement indicates robust demand around $2K, with investors showing interest at lower prices, reflecting their confidence in its long-term potential.
However, ETH is now encountering a substantial resistance level, which includes the previously broken lower boundary of the wedge and the key

Following a significant drop to the crucial support region of $0.43, Ripple encountered increased buying pressure and saw a substantial surge, pushing the price back above the 100 and 200-day moving averages.
This recent action has left market participants uncertain about XRP’s overall direction, with the upcoming movements likely providing clarity.

By Shayan
The Daily Chart
An in-depth look at Ripple’s daily chart shows that after a sharp decline below the 100 and 200-day moving averages, the price hit a significant support region at $0.43, creating a state of fear in the market.
However, this level attracted substantial buying interest, leading to a bullish rebound and completing a pullback to the multi-month descending channel’s broken upper boundary. Additionally, XRP

Bitcoin’s price experienced a significant drop yesterday following the breakdown of the $64K support level. The price is now in a key area that could determine the crypto market’s mid-term fate.
Technical Analysis
By TradingRage
The Daily Chart
On the daily chart, the price has been dropping since creating a double top pattern at the $68K resistance level. The $64K level has also been broken down to the downside, and the cryptocurrency is testing the 200-day moving average.
If it also fails to hold the price, the market is likely to go through a much deeper decline toward $52K. With the RSI also showing values below 50%, the momentum is pointing to a potential continuation of the bearish move.
Source: TradingViewThe 4-Hour Chart
Looking at the 4-hour chart, things seem a

Ethereum’s price has been going through a frustrating consolidation period over the past few months following the price’s failure to break above the $4,000 resistance level.
Technical Analysis
By TradingRage
The Daily Chart
On the daily chart, the price has recently rebounded from the $2,800 mark and rallied toward the $3,500 resistance level. However, the latter has rejected the price to the downside.
The market has also dropped below the 200-day moving average, located around the $3,200 mark.
At the moment, ETH is trading below the $3,000 support level and could decline even further in the short term.
Source: TradingViewThe 4-Hour Chart
Looking at the 4-hour chart, the recent rejection from the $3,500 resistance level can be part of a bigger bullish scenario.
The reason

Following an impulsive rally, Bitcoin lost its bullish momentum upon reaching the $70K threshold, indicating the presence of sellers in the market.
Nevertheless, considering that the price is hovering above the crucial 100-day MA, the continuation of the consolidation stage seems possible in the short term before initiating the next move.
Technical Analysis
By Shayan
The Daily Chart
A detailed analysis of Bitcoin’s daily chart reveals that after decisively breaking above the 100-day moving average of $64.4K, the price continued its upward momentum toward the crucial and psychological resistance zone of $70K.
However, upon reaching it, the cryptocurrency lost its momentum, indicating a potential increase in selling pressure. Nevertheless, as long as the price hovers above

Ethereum’s price is currently trapped inside a significant tight range, bounded by the 100-day moving average of $3364 and the 200-day moving average of $3212.
A breakout from this range will determine its upcoming trajectory.

By Shayan
The Daily Chart
A close examination of Ethereum’s daily chart reveals that following a rejection near the crucial $3.5K resistance region, the price has plummeted to a substantial support zone.
This critical support includes the 200-day moving average of $3212, serving as a robust defense line for Ethereum buyers. Nevertheless, the price is confined within a crucial tight range bounded by the 100-day moving average of $3364 and the 200-day moving average of $3212. A break above this area will bring sufficient demand into the market,

Ethereum has recently faced a notable rejection and experienced a 13.3% decline after breaking above the 100-day moving average.
The price is currently struggling to break below the 200-day MA, indicating a notable bearish sign if the breakout occurs.

By Shayan
The Daily Chart
A close examination of Ethereum’s daily chart reveals that after breaking out above the critical 100-day moving average at $3,354 and a brief period of consolidation, it experienced a significant rejection, resulting in a 13.3% drop.
This decline has led to a break below the crucial 100-day MA support region, suggesting a bull trap.
Despite this, Ethereum has landed on a significant support region centered around the 200-day moving average at $3.2K.
This dynamic support zone is a crucial defense for

Bitcoin’s price has been rallying aggressively in the past couple of weeks, making its way toward a new record high.
Technical Analysis
By TradingRage
The Daily Chart
On the daily timeframe, the BTC price has been climbing higher since rebounding from the $56K support level and the 200-day moving average.
The market has reclaimed both the $60K and the $65K marks and is currently testing $68K – the last obstacle in the way of a new all-time high.
With the RSI also indicating clear bullish momentum, it might only be a matter of time before Bitcoin makes new record highs.
Source: TradingViewThe 4-Hour Chart
Looking at the 4-hour chart, the price has consistently made higher highs and lows, with minor pullbacks. This is a clear indication of a bullish trend.
Nevertheless,

Following a minor rejection near the $0.64 resistance zone, the price retraced to the broken 200-day moving average, validating the bullish breakout.
This movement signifies a positive market sentiment, with the price targeting a reclaim of the $0.64 resistance.

By Shayan
The Daily Chart
A thorough analysis of the daily chart reveals that Ripple has maintained its upward trajectory toward the significant $0.64 resistance zone, a key threshold on the daily timeframe.
However, the price encountered slight resistance near this pivotal level, resulting in a pullback toward the broken 200-day moving average at $0.54. Despite this, XRP experienced increased buying pressure, initiating a new upward surge that confirmed the bullish sentiment in the market.
Consequently, buyers

Bitcoin’s recovery is going well, and the market is seemingly on the verge of creating a new all-time high in the short term.
Technical Analysis
By TradingRage
The Daily Chart
As the daily chart depicts, Bitcoin’s price has been rallying since it rose above the 200-day moving average.
The market has also reclaimed the $60K and $65K levels and is moving toward the $68K resistance zone, which could be the last obstacle before creating a new all-time high. With the RSI also indicating that the price has clear bullish momentum, it could only be a matter of time.
Source: TradingViewThe 4-Hour Chart
Looking at the 4-hour chart, it is evident that the price has been rising rapidly since breaking the bearish trendline to the upside. The market has also broken through the $65K

Following a revival in buying interest and demand, Ethereum’s price has surged, reclaiming the 100 and 200-day moving averages.
This price action suggests a shift towards a potential rally, with buyers targeting a new yearly high in the mid-term.

By Shayan
The Daily Chart
A detailed analysis of Ethereum’s daily chart reveals that after a notable increase in buying pressure near the substantial $3K support region, the cryptocurrency initiated a bullish spike, surpassing the 100-day ($3340) and 200-day ($3152) moving averages.
Additionally, ETH has reclaimed the significant resistance region of $3.5K, a crucial barrier for buyers in recent months. This price action indicates a strong buyer presence in the market, aiming for a new yearly high.
However, Ethereum has formed a

Bitcoin’s price has recently recovered from a month of bearish price action. Considering the current upward momentum, the market might even make a new all-time high soon.
Technical Analysis
By TradingRage
The Daily Chart
On the daily chart, the price has found support at the $56K support level. The 200-day moving average, located around the $60K area, has also been reclaimed, along with the $60K level itself.
Yet, the market is struggling to break above the $65K resistance level, as it has failed in the last three days. Meanwhile, with the RSI showing a clear bullish momentum, it could only be a matter of time before BTC trades above the $70K mark again. This scenario would fail if the price drops below $60K again.
Source: TradingViewThe 4-Hour Chart
Looking at the 4-hour

Bitcoin’s price demonstrates clear signs of recovery, with the market reclaiming some key levels. Investors are now hopeful that the correction phase is finally over.
Technical Analysis
By TradingRage
The Daily Chart
On the daily timeframe, the price has recently demonstrated an impulsive recovery from the $56K support level, breaking through several resistance elements. The 200-day moving average, located around the $59K mark, the bearish trendline, and the $60K resistance level have all been broken to the upside.
Yet, the $65K resistance level prevents a continuation higher. Meanwhile, the RSI shows that the momentum favors a bullish move. It seems like a matter of time before the market rallies higher and even creates a new all-time high.
Source: TradingViewThe 4-Hour