MonoCoinSignal

MonoCoinSignal

After two days of fluctuating, Bitcoin has finally closed above its weekly channel, and global markets have reopened. Currently, BTC is positioned on the significant weekly support at $57,000, where we are awaiting a suitable reaction that could drive the price back up. On the higher timeframes, we are observing the formation of a potential ascending triangle...

MonoCoinSignal

In the 4-hour chart for FTM, there are emerging signs of a bullish divergence, indicating the potential for a shift in market sentiment. The price has reached a key support zone between $0.38 and $0.4, which is recognized as a strong level that could prevent further decline. If the price finds stability in this support area, it could lead to an upward movement,...

MonoCoinSignal

NOT is in a downtrend and has reached the $0.0075 support level. This level is recognized as a strong support that could prevent further price declines and increase the likelihood of a price rebound towards higher levels. One possible scenario is that the price finds support at the $0.0075 area and, after observing bullish confirmations, moves towards higher...

MonoCoinSignal

AAVE is currently moving within a descending channel, with the price correcting after hitting the channel’s ceiling. This movement indicates a continuation of the downtrend and an attempt to break out of this descending channel. The possible scenario is that the price continues to move downwards, reaching the floor of the descending channel. This movement could...

MonoCoinSignal

ALGO is in an uptrend and is currently approaching a strong demand zone. This area can act as significant support, potentially driving the price upwards. The price is moving slowly within this demand zone, which may indicate the market’s attempt to attract new buyers. One possible scenario is that the price finds support in the demand zone and, after observing...

MonoCoinSignal

ANKR is trading within a descending channel and is experiencing a strong downtrend. This trend indicates selling pressure in the market, and the price is currently moving towards the channel’s lower boundary. This movement suggests that buyers have not yet been able to reverse the trend within this channel. One possible scenario is that ANKR’s price moves towards...

MonoCoinSignal

ATOM is in a range-bound trend but is experiencing strong fluctuations that may indicate the entry of strength into the market. These fluctuations could signal a potential change in the trend’s direction or the continuation of the current movement. Potential Scenarios: 1. Downward Movement and Stop-Loss Collection: • One possible scenario is that ATOM may...

MonoCoinSignal

BINANCE:BTCUSDT Bitcoin is currently trading at higher levels, and a price correction towards the $62,000 channel seems possible. This level acts as strong support, and if the price stabilizes within this range, there is potential for an upward move towards higher levels. After recent upward movements, Bitcoin has reached a higher price level, which might cause...

MonoCoinSignal

The price of FIL is currently within the $3.86 to $4.00 support range. This range acts as a crucial area to support the price and may prevent further declines. If the price stabilizes within this range, an upward movement towards higher levels could be expected. Potential Scenarios: Maintaining Support and Moving Upwards: If the price holds within the $3.86...

MonoCoinSignal

BINANCE:FTMUSDT FTM is trading within the $0.46 to $0.48 support range. These levels serve as crucial points to prevent further price declines. If the price stabilizes within this range, there is a potential for an upward move. Potential Scenarios: Maintaining Support and Moving Upwards: If the price holds within the $0.46 to $0.48 range, there is a...

MonoCoinSignal

Bitcoin's price was trapped in a range between $57,700 and $62,000 for an extended period. This area acted as a consolidation zone, where price compression occurred. Eventually, the price spiked out of this range to the upside, which might indicate the beginning of a new trend. Key Levels: $62,000 Area: This level served as the ceiling of the previous range...

MonoCoinSignal

The NOT price, after moving to the $0.0090 support level and collecting stop-losses in this area, has moved higher and is currently near a potential resistance zone. This area could be crucial for determining whether the upward trend will continue or if the price will return to lower levels. Potential Scenarios: Continuation of the Upward Trend: If the price...

MonoCoinSignal

Ethereum is currently within the $2600 to $2700 resistance range. This range is recognized as a significant resistance that might halt the current upward trend and initiate a downward movement. Potential Scenarios: Price Correction from the Resistance Zone: If Ethereum fails to break through the $2600 to $2700 resistance range, a price correction towards the...

MonoCoinSignal

Bitcoin is receiving support from the lower Bollinger Band near $58,000, with RSI suggesting a potential bullish reversal. The upcoming sessions will be crucial in determining whether this support can hold. Current Trend and Key Levels: Bitcoin is trading at $58,700, navigating a critical juncture after pulling back from recent highs. The $58,000 level is not...

MonoCoinSignal

FTM is currently near the $0.40 to $0.42 resistance zone. This zone acts as a critical resistance in the chart, and a price correction from this area towards lower levels is possible. Potential Scenarios: Price Correction from the Resistance Zone: If the price fails to break through the $0.40 to $0.42 resistance zone, it is likely to move towards the $0.35...

MonoCoinSignal Updated 

As of the latest data, Solana (SOL) is trading at $179.07, having experienced a 3.49% increase over the last day. This places SOL in a dynamic position within the top five cryptocurrencies by market cap, currently valued at approximately $83 billion. Technical Analysis 1. Price Trends and Resistance Levels: • All-Time High (ATH): SOL’s ATH stands at $260....

MonoCoinSignal

On the 1-hour chart, Solana shows that it is at a support level of $142, which acts as a valid support. This area could be where buyers step in and push the price towards higher levels. Potential Scenarios: Maintaining Support and Moving to Higher Levels: If SOL can maintain the $142 support and then stabilize above the downward trend and the $148 level,...

MonoCoinSignal

LINK is currently within a range where a key resistance level is identified at $11.12. This level acts as a critical resistance, and breaking above it could indicate the return of buyer strength and the beginning of a new upward trend. Potential Scenarios: Breaking Above the $11.12 Resistance: If the price can break above the $11.12 resistance level, this...