This is the daily analysis of the highest distinctive symbols with CME FUTERES by Coindsk Analyst and OMKAR GODLOLE.
Bitcoin: Resistance at $ 120,000?
Bitcoin (BTC) The climb collected a pace, as he indicated.The accumulation of the negative gamma merchantAnd “and Taurus from Ibit. The bull momentum looks strong, as shown by the 14-day RSI tops 70 and Macd Histograph, which produces higher bars over the zero-lines-not there is a reason for anxiety for the bulls, or is it?
With prices in unknown lands, determining resistance becomes difficult, so we look forward to the options market for evidence. On Deribit, the $ 120,000 strike call is the most popular option with an open interest of $ 2.37 billion and can be the next main level to watch.
The Coinbase premium has turned to the passive level early today, indicating the weakest demand in the United States market, as well as a decrease overnight in the permanent, permanent, accumulated, open -end decades of external stock exchanges. Both workers call for caution on the side of the bulls.
Meanwhile, the relative strength index requires each hour in the graphic drawing, as a potential declining difference may appear, indicating a temporary stop in the upward direction and possible correction.
- Amnesty International: The market is taking place in an unknown area that makes it vulnerable to withdrawal despite the comprehensive positive feelings.
- Resistance: 120 thousand dollars
- Support: 113,666 dollars (23.6 % FIB from the climb from June low)119,965 dollars (May high)
Ether: The bulls are pressed through the show area
ether (Eth) She finally managed to scan the supply area of about $ 2800, which crowned upside down in May and June. The rise in instant folders supports collapse, as well as the new upper signal of the multiple moving zupy, to the possibility of continuing to move, to more than $ 3,066, which is the level of FIB 61.8 % from December to April. With the rise in prices firmly from the Ichimoku cloud, along with RSI above 70 and MACD, height, declining operations, if any, are shallow and well supported by about $ 2,600.
- Amnesty International: ETHER erupted over the 2800 dollar supply area indicates a possible transformation in the market morale and continued up.
- Resistance: $ 3,066, $ 3,400, $ 3525
- Support: $ 2,880, $ 2,600, $ 2,370
Solana: Double outbreak
Teller (Sol) The price height led to a rise of $ 166 to the opposite outbreak of the head and shoulder and scored an intersection in the bull area over the Ichimoku cloud. This is a double outbiting! The measurement method applied to the opposite H&S indicates a potential crowd to $ 200. On the highest way, prices may face resistance between $ 180 and $ 190, characterized by its highest levels during the day. On the negative side, $ 145 is a major support, which, if lost, can encourage bears.
- Amnesty International: The double collapse indicates a strong upward assertion, providing Bulls with a convincing case to chase the upward trend. Wise merchants still have risk management with stoppage orders, and the wider market conditions.
- Resistance: $ 180-190 dollars, $ 200.
- Support: $ 150 (SMA for 100 days)145 dollars and 125 dollars.
XRP: The most powerful bull momentum since January
Xrp
It rose to $ 258, the highest since May 14, with the RSI crossing for 14 days above 70 for the first time since January to point to the strongest bullish momentum in six months. The promotional MACD graph also draws a bullish image, which supports a possible lounge over the resistance at $ 2.65 (May high). After that, the focus will turn into $ 3.00 and $ 3.39 (Annual High). Open interest in the permanent future of XRP has increased to a new rise over several months of 833 million XRP, which supports the assembly.
- Amnesty International: The XRP market refers to a large upward strength.
- Resistance: $ 2.65, $ 3.00, $ 3.39.
- Support: $ 2.20, $ 1.90, $ 1.60.
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