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BTC, XRP, SUI, TON, KAS, FTM Price Analysis: Has the Bottom Been Found?


Coin Edition
для CoinEdition
Crypto market bounce has traders questioning if it is a sustainable recovery or a bull trap.
  • Bitcoin faces support at $101K and $87K levels.
  • XRP eyes a rebound near the golden pocket at $2.23.
  • SUI and TON show early signs of daily momentum turning up.

A much-needed bounce is running across crypto. Daily momentum gauges have reset, buyers are stepping in, and prices are lifting off important support. The big question now is simple: does this rally top out as a lower high or do bulls punch through resistance and flip the short to medium trend back in their favor? If it stalls, a final sweep under $100,000 on Bitcoin remains in play. 

Is Bitcoin Preparing For A Fall?

Bitcoin is holding steady after a wild ride, but one analyst has said that the next move could be big. On the monthly chart, the coin has already hit targets from a bullish pattern around $124,000. Now the focus shifts to whether it can stay strong above support zones. 

Source: TradingView

The $87,000 level is seen as an important safety net, while the 21-week moving average is the first line of defense for bulls. If these hold, the larger trend is still healthy.

In the short term, the price is tightening into a narrow range, a sign that pressure is building before a breakout. Th…

The post BTC, XRP, SUI, TON, KAS, FTM Price Analysis: Has the Bottom Been Found? appeared first on Coin Edition.

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BTC, XRP, SUI, TON, KAS, FTM Price Analysis: Has the Bottom Been Found?


Coin Edition
для CoinEdition
Crypto market bounce has traders questioning if it is a sustainable recovery or a bull trap.
  • Bitcoin faces support at $101K and $87K levels.
  • XRP eyes a rebound near the golden pocket at $2.23.
  • SUI and TON show early signs of daily momentum turning up.

A much-needed bounce is running across crypto. Daily momentum gauges have reset, buyers are stepping in, and prices are lifting off important support. The big question now is simple: does this rally top out as a lower high or do bulls punch through resistance and flip the short to medium trend back in their favor? If it stalls, a final sweep under $100,000 on Bitcoin remains in play. 

Is Bitcoin Preparing For A Fall?

Bitcoin is holding steady after a wild ride, but one analyst has said that the next move could be big. On the monthly chart, the coin has already hit targets from a bullish pattern around $124,000. Now the focus shifts to whether it can stay strong above support zones. 

Source: TradingView

The $87,000 level is seen as an important safety net, while the 21-week moving average is the first line of defense for bulls. If these hold, the larger trend is still healthy.

In the short term, the price is tightening into a narrow range, a sign that pressure is building before a breakout. Th…

The post BTC, XRP, SUI, TON, KAS, FTM Price Analysis: Has the Bottom Been Found? appeared first on Coin Edition.

Читать материал на CoinEdition

Читать больше

Bloomberg Analyst Sets Approval Date for Dogecoin (DOGE) ETF! "It Will Be Approved on This Date!"

Bloomberg Analyst Sets Approval Date for Dogecoin (DOGE) ETF! "It Will Be Approved on This Date!"

Bloomberg ETF analyst Eric Balchunas said RexShares' spot Dogecoin (DOGE) ETF will la...
WLD Price Surges 122% as Gold Hits Record Highs & Treasury Strategy Boosts Momentum

WLD Price Surges 122% as Gold Hits Record Highs & Treasury Strategy Boosts Momentum

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