This is a daily analysis of the upper tokens with CME Futures by Coindesk analyst and approved market technician Omkar Godbole.
Bitcoin:: Re-test the record summits probably
Bitcoin (BTC) The hourly graph shows that prices have left the downhill channel, forming a higher hollow at around $ 117,000 early today. In addition, prices have gone through the Multiple Multiple Guppy Mobile Indicator. Guppy’s short -term EMA (white) The group is about to move over the long term (red) Band, suggesting a revolution renewed upwards.
The scene seems to be set for a rally to record peaks, with accelerated gains probably once we move above the cloud of Ichimoku. In the event that prices fall below $ 117,000, there is a possibility of a extensive decline, perhaps at $ 111,965, the breakdown identified by the May summit.
The bullish affair seems stronger with an open cumulative interest for perpetuates denominated by the USD and the USDT on offshore exchanges, in particular Binance, Okx, Deribit, Bybit and Hyperliquid, passing to its highest level in almost two years as well as positive financing rates. The combination suggests growing interest in increases in increases.
- AI: Bitcoin shows strong signs of resuming its rally, with Momentum indicators soon reversing and referring to the new records. Bulls, simply make sure to maintain this support of $ 117,000; A rupture could trigger a deeper correction.
- Resistance: $ 120,000, $ 123,181.
- Support: $ 117,000, $ 113,688 (The FIB retracement of 38.2% of the rally from the bottom of June 22)$ 111,965.
Ether:: Eyes $ 3,400
Ether (Eth) The evolution of the consolidation of the expansion triangle and the retracement of fibonacci of 61.8% of the sale of December-April has probably prepared the land for $ 3,400, a level favored by the drift options.
The 14 -day RSI has exceeded the 70 mark, indicating a strong momentum to the side alongside (SMA). The Ether-Bitcoin ratio also broke out of prolonged consolidation, suggesting an ether outcry to come. In terms of decrease, the lowest of $ 2,933 on Tuesday is the level to beat for bears.
- AI: Ether seems incredibly strong for a move to $ 3,400, fueled by several technical eruptions and its clear outperformance against bitcoin. Keep a lively eye on $ 2,933.
- Resistance: $ 3,400, $ 3,570, $ 4,000.
- Support: $ 2,933, $ 2,739, $ 2,600.
Solara:: Stability nearly 200 days SMA is encouraging for bulls
Solana’s soil continues to exchange in both directions near the 200 -day simple mobile average. Stability contrasts with the rapid lower inversions of the key average observed in May and is a positive sign for bulls.
This, associated with this decision above the cloud of Ichimoku and the RSI above 50, suggests that the recent resistance found at $ 168 could soon be overthrown. The next obstacle is seen at $ 200. The lowest on Tuesday of $ 157.13 is a key level of support.
- AI: Solana looks more and more optimistic, holding key support for her 200 -day SMA, a big change compared to past reversals.
- Resistance: $ 168, $ 187, $ 200.
- Support: $ 157, $ 145, $ 125.
XRP: Look north after the “Hanging Man” candle on Tuesday
Xrp (XRP) The time graph shows a perfect transition from a decline in a renewed recovery. Prices left the canal down on Tuesday and have since crossed the cloud of survey.
The configuration promotes a new test of recent vertices greater than $ 3.00. That said, Tuesday’s suspended candle, characterized by its long lower wick and its small red body, suggests that bears seek to reaffirm themselves. If prices lose support at $ 2.80, it could be expensive.
- AI: For merchants, “the suspended man” of the daily graph is the most important signal, because the longer deadlines generally provide more reliable reversal models. While the time graph shows a bullish rebound, the daily hanging man acts as a strong edifying flag.
- Resistance: $ 3.00, $ 3.40.
- Support: $ 2.80, $ 2.6 – $ 2.65, $ 2.38.
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