This is a sunny review of top tokens with CME futures of CoinDesk analyst and chartered market technician Omkar Godbole.
Bitcoin: Re -testing record highs is likely
The BTC’s time chart shows that prices rise from the descending channel, forming a higher low around $ 117,000 in advance. In addition, prices crossed above the guppy multiple transfer of the average indicator. The short -term ema of guppy (White) The band is about to move above the lasting (red) Band, suggests that updated reversed momentum.
The stage seems to be set for a rally to record the highs, with accelerated acquisitions that are likely once we moved above the Ichimoku cloud. In the case, prices dropped below 117,000, there was a possibility of an extended pullback, probably at $ 111,965, the breakout point identified by May High.
The bullish case looks stronger with the integrated open interest in the USD- and USDT-denominated stays on the offshore, including Binance, OKX, deribit, bybit, and hyperliquid, which rises to its highest level in nearly two years in conjunction with positive funding rates. The combination suggests growing interest in bullish leveraged bets.
- Ai gets: Bitcoin shows strong signs of continuation of its rally, with momentum indicators flowing into bullish and indicating new record highs as soon as possible. Bulls, be sure to handle $ 117,000 support; A break there can trigger a deeper correction.
- Resistance: $ 120,000, $ 123,181.
- Support: $ 117,000, $ 113,688 (The 38.2% fib retracement of the rally from June 22 lows)$ 111,965.
Ether: Eyes $ 3,400
Ether’s breakout from expanding the triangular integration and the December-April Sell-off’s 61.8% Fibonacci Retracement is likely to set a stage for $ 3,400, a level that entrepreneurs favored derive options. The 14-day RSI exceeds 70 marks, indicating a strong momentum next to the upward slopes of 50- and 100-day simple moving averages (SMA). The ether-bitcoin ratio is also damaged by a long-term aggregation, suggesting an ether outperformance ahead. On the downside, the low Tuesday of $ 2,933 is the level to defeat for the bear.
- Ai gets: Ether is looking for incapacity -Believing strong for a move to $ 3,400, which is -fuel by many technical breakouts and the clear avoidance against Bitcoin. Watch for $ 2,933.
- Resistance: $ 3,400, $ 3,570, $ 4,000.
- Support: $ 2,933, $ 2,739, $ 2,600.
Solana: Stability near 200-day SMA encourages bulls
Solana’s Sol token continues to trade back and forth near the 200-day simple moving average. The stability is contrasting with Swift Bearish reversals from the main average observed in May and a positive sign for bulls. This, in conjunction with the move above the Ichimoku Cloud and the RSI above 50, suggests that the recent new resistance to $ 168 could be immediately flipped in support. The next drawback will be seen at $ 200. Low at $ 157.13 is a major support level.
- Ai gets: Solana is looking for more bullish, holding the main support of the 200-day SMA, a major move from previous returns.
- Resistance: $ 168, $ 187, $ 200.
- Support: $ 157, $ 145, $ 125.
XRP: Look north after Tuesday’s ‘Hanging Man’ candle
The hourly XRP chart shows a perfect photo transfer from a pullback to updated upswing. Prices appeared on the downward trending channel on Tuesday and since crossing above the Ichimoku cloud. Setup favors a re-test of recently high over $ 3.00. That said, the hanging candle of the Hanging Man’s Tuesday, characterized by the long lower wick and small red body, suggests that the bears are looking to restore themselves. If the prices lose $ 2.80, it can prove expensive.
- Ai gets: For merchants, the “Hanging Man of the Daily chart is the more significant signal, as longer timeframes generally provide more reliable return patterns. While the time -time chart shows a bullish bounce, the sun -hanging person acts as a strong flag of care.
- Resistance: $ 3.00, $ 3.40.
- Support: $ 2.80, $ 2.6- $ 2.65, $ 2.38.
Denial: Parts of this article were formed with assistance from AI tools and our editorial team reviewed to ensure accuracy and compliance with our standards. For more information, see CoinDesk’s entire AI policy.
