BNBUSDT 1HBNBUSDT 1H
On the daily it formed a wedge and at the moment it is on the lower edge, if it breaks it could go to the institutional selling zone at 285.1 . On the other hand if horver strength BNB will go towards the median Bollinger band at 312 and breaking that resistance will look for 321.5.
The upward break of the line will take BNB to 360. Let's see how everything will unfold, not forgetting that BNB has a lot of strength, DEVs always try to hold the price.
BNBUSDT 1H
Main support levels: 303.9 / 303.0
Main Resistance Levels: 306.4 / 308.1
RSI: Exhaustion of Selling Forces
MM100: 308.8
Tradewithrenato
ETHUSDT 1DETH on the daily continues to move in a range between 2020.29 and 1741.43 and has not reached the lower boundary which would be 1690.32, where in addition to being a smart money support region it is also where the MM100 is.
It may not arrive, even because its stochastic RSI is indicating deep exhaustion of selling forces, which could break the upward accumulation triangle. .
After the recent Shapella update, daily stake deposits increased by 500%. Despite the withdrawal requests being mostly from centralized exchanges, the data suggests that the withdrawn ETH is mostly used for internal operations rather than sales.
.Main support levels : 1741 / 1690
Key Resistance Levels :1860 / 2020
MM100: 1690
DXY 1H(DXY) rose above 101.51, above the MM100. Should the DXY close the day above this level it could break the bullish channel and head towards its next resistance at 102.215
Meanwhile, RSI indicator on the daily chart rose slightly above 80, pointing to exhaustion on bullish momentum.
If it fails to break through the channel, sellers may show interest and drag the DXY to its support at 101.2, a strong support and psychological level.
Let's keep an eye on the economic agenda today, today's April PI may further reinforce this narrative of a pause in the Fed's rate hike next, and today's weekly jobless claims are expected to remain flat.
Key support levels: 101,517 / 101,207
Main Resistance Levels: 101,941 / 102,215
MM100: 101,517
DOTUSDT - 1HDOTUSDT - 1H
Bullish trough formed, at this moment the DOT is heading towards the upper edge of the trough which is at 6,276. There was an update regarding the DOT stake, among the resolutions is
• Increase the minimum number of tokens to create a nomination pool from 200 DOT to 500 DOT;
• Polkadot now supports fast unstake! Nominators can use the quick unbundle if the bet has not been active in the BondingDuration era in the past to unbounce their funds without waiting for the unbinding period.
Here are the supports and resistances:
Support 6098 / 6004
Resistances: 6,216 / 6,274
RSI: Exhaustion Buyer Forces
MACD: Positive
EMAS : Pointing upwards
XRPUSDT 1HXRPUSDT 1H
It continues to accumulate, breaking 0.4632 has room for a slight rise to 0.4949, where it will find another resistance.
The SEC (US Securities and Exchange Commission) filed a lawsuit in December 2020 against Ripple Labs Inc., its subsidiary XRP II LLC and its co-founders, Brad Garlinghouse and Chris Larsen. The allegation is that Ripple sold over $1.3 billion worth of XRP as an unregistered security, in violation of US securities laws.
Since then, the process has gone through several stages, including the testimony of witnesses, the filing of motions and petitions by both parties, and hearings before the court.
On February 14, 2021, Ripple filed a motion to dismiss the lawsuit, claiming that XRP is not a security and therefore not subject to US securities laws. On March 22, 2021, the judge handling the case denied this motion, allowing the proceedings to continue.
Currently, the process is still ongoing, with both parties submitting documents and arguments to the court. The next hearing is scheduled for May 16, 2023.
Here are the supports and resistances:
Supports 0.4514 / 0.4469
Resistances 0.4629 / 0.4669
RSI: BUYER
MACD: BUYER
RDNTUSDT 1HRDNTUSDT 1H
Our impeccable “ulianov bands” indicator
The RDNT in cumulative wedge formation, needs to break 0.3938 to be able to return to the target of 0.4746]
SUPPORTS 0.3765 / 0.3696
RESISTANCES 0.3938 / 0.4016
Seller RSI
MACD: Losing Pace in the Bearish Zone
MM100: 0.4019
On the RDNT platform it is possible to provide liquidity or lend assets such as DAI, USDC, USDT, ETH and WBTC.
For each cryptocurrency there is an interest rate to be paid in case of loan, or to be received in case of deposit. There is also a mechanism to receive tokens in Radiant Capital's RDNT cryptocurrency and receive a higher return.
The same RDNT token can be staked receiving interest on diversified fractions of other tokens.
BNBUSDT 1HBNBUSDT 1H
SUPPORTS 329 / 328.2/ 326
RESISTANCES 330 / 332.6 / 333.7
Buyer RSI
MACD: Losing Pace in the Bullish Zone
MM100: 326
BNB fiercely defending the EMA100, above $319
Confirming this week, it will increase the prospects of a rally above HKEX:335 , if it loses the MM100 it could retreat to levels of HKEX:317
MINAUSDT 1HIt is trapped in an LTB (downtrend line), following closely.
Now you need to revoke this LTB to go in search of the gravitational center of the Ichimoku cloud around 0.732. In this movement, it is transiting between 0.724 and 0.691.
Need to break 0.722 to get out of this LTB
Mina Protocol is a zk-SNARKs blockchain that is riding the zk hype ahead of the Ethereum Shanghai upgrade. The team announced the Public Mine Roadmap, a multi-year vision for the future of the protocol.
SUPPORTS 0.694 / 0.687
RESISTANCES 0.713 / 0.723
seller RSI
MACD: Optimistic
DXYWith no high-impact macroeconomic data from the US, the market and rising US Treasury yields helped the DXY rise.
The US Dollar Index is trading below MM200 currently at 101.957 . If the DXY closes the day above this level, it could hit 102.5. Meanwhile, the RSI on the 4H chart is close to 50, suggesting that sellers are refraining from committing to further USD weakness.
A daily close below that 101.40 zone could open the door for an extended drop towards 100.00
DXYThe DXY index experienced a notable drop after the CPI index announcement last week, and remains in a bearish trend on the 4hr chart.
With the Federal Reserve expected to complete its current interest rate hike cycle in May, there may be room for further dollar losses against other currencies.
With the support zone between 100,788 and 101,403 there could be a pulbak in that region. We continue to follow , since the BTc quotation is inversely proportional to the DXY appreciation
ADAUSDT 1HADAUSDT 1H
Cardano has broken upwards of the bearish channel and continues its journey towards the target of 0.4611 (expected for April 25th). MACD is too bullish and the RSI is overbought.
• There is speculation surrounding Cardano's Milkomeda, an EVM layer upgrade that will give Cardano users access to EVM smart contracts via their Cardano wallets, which I believe will continue the bullish pattern imposed in recent hours.
Here are the supports and resistances:
Supports 0.4370 / 0.4296
Resistances: 0.4462 / 0.4505
RSI : Seller
MACD: Buyer
MM200: 0.4267
EMAS : Neutral, which may indicate an accumulation period
AVAXUSDT 1HAVAXUSDT 1H
It continues in an upward trend, giving a show in the graphic analysis! Circulating above MM200 demonstrates clear buyer dominance, plus AVALANCHE has launched a new subnet system called “Evergreen Subnets” which is made specifically for financial institutions. Evergreen subnets will provide blockchain solutions, tools and other services to these big financial players, which will further fuel their rise.
Here are the supports and resistances:
Supports 21.01 / 20.61
Resistances: 21.65 / 22.00
RSI : Seller
MACD: Buyer
MM200: 19.24
EMAS : Pointed upwards, the asset generally follows the movement of the EMAS
AGIXUSDT 1HAGIXUSDT 1H
It continues to accumulate and its working zone ranges from 0.41493 to 0.45946, normal movement since AGIX had a rapid growth at the beginning of the year with its narrative of artificial intelligence. It is the native token of SingularityNET which operates on the Ethereum and Cardano blockchains.
The token performs a number of functions on the platform as a means of payment, votes and rewards.
Here are the main supports and resistances in the 1H time frame
Supports for AGIXUSDT
S1 0.42586
S2 0.42425
Resistances for AGIXUSDT:
R1 0.43617
R2 0.43823
MM200 0.41493
RSI: Buyer
EMAS: Neutral
APEUSDTApe is inside a bullish channel, as the rising bottoms demonstrate. I believe that if it breaks 4,589, it will reach 4,750.
A counter move towards the 200MM at 4,243 would invalidate the 2H bullish trend.
Supports for APEUSDT:
S1 4,403
S2 4,317
Resistances for APEUSDT:
R1 4,589
R2 4,750
MM200: 4,243
EMAS: Pointed upwards, the asset usually follows the direction of this powerful indicator
RSI: Exhaustion of Buying Forces.
The ApeCoin ecosystem is overvalued in its metaverse, not only in total market capitalization, but also in the total value of its virtual world. APE will be the main currency of the Otherside metaverse. The Otherside metaverse has 100,000 virtual lands with a minimum value of 1.6 ETH. In comparison, Sandbox has 113,400 lands with a minimum price of 0.98 ETH.
DOTUSDT 2H Polkadot price has rebounded within the HKEX:6 ,239- HKEX:6 ,586 range, returning to the short/medium term uptrend.
Invalidation of bullish move will occur if DOT fot chasing MM200 at $6.264
First resistance level for Polkadot is $6.49, break should come at 6.59. A breakout of this barrier could take DOT to levels of $8.79.
Let's see how it unfolds as polkadot could start an impressive recovery soon.
Supports for DOTUSDT:
S1 6.39
S2 6.264
Resistances for DOTUSDT:
R1 6.49
R2 6.59
MM200: 6.264
EMAS: Pointed upwards, the asset usually follows the direction of this powerful indicator
RSI: Exhaustion of Buying Forces.
SOLUSDT 1HSOLUSDT 1H
The price has started an upward movement since April 10th at 5:00 pm and has started a short-term uptrend and a rise towards $25.49 is expected. If breaking $25.49 can lead to the $27.21 plateau, rejection can lead to a drop to $21.35.
Here are the sweats and resistances:
Supports 22.75 / 22.36
Resistances: 23.62 / 24.09
MM200: 21.35
RSI: Exhaustion of BUYER forces
JOEUSDT 1H - Wave 5JOEUSDT is currently in a wave 4 and should retreat to around 0.6174 (RSI confirming) to then be able to start wave 5. JOE is a DEX on Avalanche, soon its Liquidity Book will have new features for income cultivation on Avalanche, Arbitrum and BNB Chain.
Supports for JOEUSDT:
S1 0.6190
S2 0.5985
S3 0.5848
Resistances for JOEUSDT:
R1 0.6436
R2 0.6693
R3 0.7057
MM200: 0.5848
EMAS: Bullish
LTCUSDT 1HLTCUSDT 1H
With ascending tops and ascending bottoms, LTc starts a discreet upward channel, in search of the MM200 at 91.54, however there may be a retreat due to the next week where unemployment or CPI data will be released next week, but, from the point of view technician, LTC is looking for the MM200
LTC halving is planned for July 2023, in previous halving cycles, there was a run before the event, it could happen again
Based on the chart, an entry around 85.54 is interesting. This is a strong support area that could be tested and pull back.
Here are the supports and resistances in the 1H timeframe:
Brackets 89.83 / 89.03
Resistances: 60.82 / 91.54
MM200: 91.54
RSI: Exhaustion of Buying Forces
MACD: Buyer
XRP for the next few days: 0.6227My price for XRP for the next few days: 0.6227
The price of XRP has broken out of an accumulation that has been occurring for a while over the 12-hour timeframe, giving investors the opportunity to buy into the accumulation.
If XRP bulls sustain the bullish pattern XRP will enter Elliot wave 3 and may have an impulsive leg towards a local high which I believe is around 19.755 to reach 0.62227.
Its immediate resistance level at 0.5575, a break above that level could take the resistance level to 0.5907.
If there is a trend reversal, and the selling pressure takes over, the XRP price could drop to the support level of 0.4488. If it reaches the support level of 0.4143 it will invalidate the bullish thesis.
The extremely bullish RSI and the MACD already showing signs of reversal, confirm the upward trend and possible arrival at the target of 0.6227.
LINAUSDT 1HLINAUSDT 1H
It has broken the upper edge of the Keltner channel and its next resistance is at 0.0161 , EMAS pointed up means that LINA is following the EMAS despite the RSI with exhaustion of selling forces and the MM200 is at 0.01146 (powerful magnet)
SUPPORTS AND RESISTANCES IN 1H:
Brackets: 0.01651 / 0.017476
Resistances: 0.013523 / 0.12183
RSI: Exhaustion of Buying Forces
MACD: buyer
MM200: 0.011468
EMAS: pointing upwards
My price for ADA in April: 0.526My price for ADA in April: 0.526
The ADA is still at 5, and its next resistance is at 0.4106, now with the week's volatility due to the payroll, it could go to its support at 0.3799, which is the median of the Bollinger bands.
Prognosis is good, as a very important news and which may increase interest in ADA is that EVM (Ethereum Virtual Machine) will be added to Cardano and it will become the largest EVM chain with fully operational staking rewards. Using Solidity's programming language, no new toolkit is required for Ethereum application developers to build on the Cardano blockchain. This is a positive element of development that can only increase interest in Cardano coins.
SUPPORTS AND RESISTANCES IN 1H:
Brackets: 0.3879 / 0.3788
Resistances: 0.4025 / 0.4100
RSI: Exhaustion of Buyer Forces
SPX 1HToday after data shows that inflation eased in February, and with the Federal Reserve's milder expectation, the short-term bias remains bullish, its loss, if it loses, could lead to a consolidation towards 3.875.
S&P 500 has gained nearly 6% so far in the first quarter, with the tech sector up about 20%.
The technical side of the S&P 500 (SPX) is perfectly bullish, long-term and short-term trends to the upside and smooth continued consolidations to build momentum.
Key resistance is at 4,149 points. If it manages to beat these prices, it's very likely that we'll end up seeing an extension of earnings to the annual high.
Technical Data :
*Personal consumption expenditure index (PCE): rose 0.3% in February, compared with a 0.6% increase in January. Remembering that it is the Federal Reserve's preferred inflation indicator
*10-year US Treasury yields fell to a session low of 3.51% after the data
*Traders' bets on a 25bp rate hike in May: 52.5%, with odds of a break at 47.5%