XRP Breaks Out Of Head-And-Shoulders Pattern — Eyes Move Toward $1.30
XRP is trading at critical levels after dropping below the $2 mark on Sunday, following a wave of panic selling across the crypto market. The move came as global financial markets reacted sharply to aggressive new U.S. tariffs, escalating trade tensions and sending risk assets tumbling. XRP, like many altcoins, has been hit hard by the volatility, with sentiment turning increasingly bearish. Related Reading: Solana Drops Below $100 For First Time In A Year — Is An 80% Correction Underway? Adding to the concern, top analyst Ali Martinez shared technical insights that point to further....
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Bitcoin Price Key Highlights. In the previous weekly analysis, we highlighted an inverse head and shoulders pattern, which played well and acted as a catalyst for an upside move. The price is currently trading in a positive zone, as it settled above the neckline of the inverse head and shoulders pattern. Bitcoin price after trading lower and finding support around 200.00 formed an inverse head and shoulders pattern for a move higher. Inverse Head and Shoulders Pattern. This past week we stated that the 200.00 support area was a major barrier for sellers that prevented more downsides and....
SOL's interim upside target is near $47, up about 20% from its current price. Solana (SOL) continued its recovery trend on June 28 while inching closer to triggering a classic bullish reversal setup.SOL's price gained 2.42%, reaching an intraday high of $39.40. The SOL/USD pair is now up 50% as a part of a broader retracement move that began on June 14 after falling to lows of $26. SOL/USD daily price chart. Source: TradingViewSolana price eyes 75% rallyThe latest buying period in the Solana market has been painting what appears to be an "inverse head and shoulders pattern (IH&S)"....
Key Highlights. Dash after trading lower found support around 0.0120BTC as forecasted in yesterday's post. It looks like it is forming a head and shoulders pattern, which might ignite a bearish wave in the short term. There are a few important things to note from the hourly chart of Dash, which points that if sellers gain control, more downsides are likely. Head and Shoulders Pattern. There is a monster support around 0.0120BTC, which acted as a barrier for sellers. Dash is currently moving back higher, but buyers need to be very careful as it looks like there is a chance of Head and....
Key Highlights. Litecoin price is likely forming a head and shoulders pattern on the hourly chart (price feed from Bitfinex). If the highlighted pattern is valid, then the price may break lower and head towards the all-important $3.00 support area. There is a lot of bearish pressure, as our previously stated resistance at $3.20-30 continued to act as a barrier. Litecoin price may dive sharply moving ahead, as there is a bearish pattern (head and shoulders) forming on the hourly chart. Neckline Break Near? We mentioned in yesterday's post that Litecoin price may head lower as there was a....
The head and shoulders pattern emerging on Dogecoin charts suggests a lack of upside conviction among DOGE traders. The brief Dogecoin (DOGE) price rally last week following Tesla CEO Elon Musk's bid to buy Twitter appears to be fizzling out as DOGE closes the week over 8%. DOGE's price dropped to $0.142 on April 17, three days after peaking out locally at $0.149. The Dogecoin correction, albeit modest, raised its potential to trigger a classic bearish reversal pattern with an 85% success rate of reaching its downside target. DOGE price eyes drop under $0.10Dubbed head and shoulders (H&S),....