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🫣$BERA Looking Bearish After Double Top in Daily Time Frame Chart 📊 .💥 The price is currently 8.2221 USDT, down 5.22%. 🔑Key Observations: 1️⃣-Double Top Formation (Bearish Signal) The chart highlights a double top pattern, which is a classic bearish reversal pattern. The price has hit resistance twice at around 9.0 USDT but failed to break above, indicating strong selling pressure. If the pattern plays out, a downward movement is likely. 2️⃣-Resistance Selling Pressure The purple zone represents the resistance level, where sellers are pushing the price down. This is a strong rejection zone, making it difficult for the price to break higher. 3️⃣-Support Zone (Potential Buy Area) The green support zone is around 5.0-6.0 USDT, which previously acted as a strong base. If the price declines, this area might serve as a bounce point. 4️⃣-Volume Analysis The volume bars at the bottom show increasing activity, indicating strong participation. A breakout above resistance with high volume could signal bullish strength, while a break below support would confirm the bearish scenario. 🧐Potential Scenarios: 1️⃣-Bullish Case: If the price breaks above 9.0 USDT with strong volume, it could invalidate the double top pattern and push towards higher resistance levels (10-12 USDT). 2️⃣- Bearish Case (More Likely): If the price fails to break above resistance, it might drop towards the 7.2 USDT level (current support) and potentially further into the 5.0-6.0 USDT zone. 🧬Conclusion: Short-term traders may look for short opportunities if rejection at resistance continues. Long-term investors might wait for a clear breakout or a dip into the support zone for a better entry. Keep an eye on volume and confirmation signals before making any trade decisions.

$KAITO found strong support around the $2.00 zone (marked in blue) and bounced, forming a potential reversal structure. The highlighted yellow area indicates a possible double-bottom formation, reinforcing the support level. Currently, the price is testing the first resistance level at $2.2580. A breakout above this could trigger further upside toward the next key resistance at $2.4808, followed by a potential move to $2.7740. If rejection occurs at resistance, a retest of support is possible before another attempt at breaking higher. Watching for confirmation of strength above resistance to validate the bullish scenario.

Ripple’s price is experiencing a significant decline, alongside the whole crypto market, and is likely to continue dropping lower if Bitcoin fails to recover soon. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the daily chart of the XRP/USDT pair, the price has been trending lower following the rejection from the $3 resistance zone earlier in January. Currently, the market is testing the $2 support level, and if a breakdown occurs, a further decline toward the 200-day moving average, located around the $1.6 mark, would be probable. Yet, with the RSI entering the oversold region, a consolidation or at least a bullish pullback could be expected in the coming weeks. The BTC Paired Chart Looking at the XRP/BTC pair, it is evident that Ripple is holding on better against Bitcoin, as the price has not experienced a considerable drop. Yet, this is mainly because BTC itself is currently experiencing a massive move lower. Nevertheless, the 2000 SAT support level will likely be the upcoming XRP target, as the RSI is showing clear bearish momentum. The long-term outlook for XRP, however, will mostly depend on whether it is able to keep above the 200-day moving average, currently trending around the 1700 SAT area. The post Ripple Price Analysis: XRP Could Plunge to $1.6 if This Support Fails appeared first on CryptoPotato.

🚀 Ethereum Bullish Momentum Incoming! Time to Buy ETH at Low Prices! 🚀 Ethereum (ETH) is gearing up for a massive breakout! 📈 The bulls are gathering strength, and this could be the perfect moment to grab ETH before it takes off. 🚀🔥 💰 Current Price: $2,181.80 📊 Key Support Levels: 🟢 $2,099 – Strong buying zone 🟢 $1,975 – Another crucial support 🟢 $1,870 – Major accumulation area 📈 Key Resistance Levels: 🔴 $2,329 – First hurdle to cross 🔴 $2,434 – Next target for the bulls 🔴 $2,558 – A breakout beyond this could send ETH soaring! With Ethereum bouncing off key support zones and showing signs of an uptrend, this is the perfect time to accumulate before the rally begins. 🚀 Don’t miss out on the opportunity to buy low and ride the wave up! 🌊🔥 💎 Are you stacking ETH for the next leg up? Comment below! ⬇️ #Ethereum #ETH #Crypto #Bullish $ETH

Two Solana futures ETFs from Volatility Shares have been listed on the Depository Trust & Clearing Corporation (DTCC). These ETFs offer 1x and 2x leveraged exposure to Solana futures contracts, giving investors new ways to engage with Solana’s market performance. This is just the latest development in the cryptocurrency market that could indicate considerable progress toward the approval of both Solana spot ETFs and XRP futures ETFs. Last week, asset management firm Franklin Templeton filed for a spot Solana ETF, seeking to track the cryptocurrency’s spot price. The proposed ETF is set to be listed on the Cboe BZX Exchange, with Coinbase acting as the custodian for Solana holdings. As for XRP, the US Securities and Exchange Commission (SEC) has begun reviewing applications for XRP ETFs, signaling potential advancements in this area. Some analysts, like James Seyffart and Eric Balchunas, estimate a 65% approval probability for these ETFs, which is a very positive outlook. Then, Brazil’s securities regulator approved the Hashdex Nasdaq XRP Fund, marking the world’s first spot XRP ETF. Related: Garlinghouse: XRP, Solana, Cardano ETFs ‘Inevitable’ Following Ether Approval This is expected by some to increase the institutional use of XRP and potentially reshape international regulatory views on crypto investments. The listing of two Solana futures ETFs sets a precedent for the eventual approval of a Solana spot ETF. Futures ETFs provide a regulated financial product for investors who may not want to hold the underlying asset directly, and this would position Solana alongside Bitcoin and Ethereum, which already have both futures and spot ETFs in the US. In addition, both Bitcoin and Ethereum had futures ETFs approved before their spot ETFs, and this pattern could apply to Solana as well. Related: XRP, Solana ETFs: US Elections Fuel Speculative ‘Trump Call’ Although, it’s worth noting that Solana has a notably smaller market cap at $72.45 billion compared to Ethereum’s $267.69 billion. This can also play a role in how fast that spot ETF approval happens. So far, Solana is following Ethereum’s ETF approval roadmap, but it still has some regulatory hurdles before reaching the finish line. As for XRP, its futures would be a welcome addition to the crypto market. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.