#NEARToken 🚀🚀🚀🚀 NEAR coin is bouncing back from its major support trendline.It has respected this trendline since December 2023 and is currently above it.There is an expectation of a reversal from this point.If it breaks the trendline, the price may drop to $3.5, where an entry can be considered.You can also make an entry 5% to 10% below the current price if you want to hold it long-term.
Bitcoin has formed a symmetrical triangle on the 2-hour time frame, a pattern often indicative of a potential breakout. This formation suggests a period of consolidation, with the price making lower highs and higher lows,
▫️Bitcoin is forming a symmetrical triangle pattern and looks like it's about to break down.▫️If it does, the price may fall to its support level at $60,000.
▫️If $60,000 doesn't hold, the price might drop to $59,000, where it could potentially bounce.
Falling Wedge Pattern: The chart displays a classic falling wedge pattern, characterized by converging trendlines sloping downwards. This is often considered a bullish reversal pattern, indicating potential upward price movement.
Key Points:
Support and Resistance Lines:
The lower trendline acts as a support line, connecting lower lows. The upper trendline acts as a resistance line, connecting lower highs. Breakout Potential:
The price seems to be breaking out from the upper trendline of the wedge, which suggests a potential bullish breakout. This breakout is supported by an increase in trading volume, confirming the move.
Target Projection:
The measured move target is around 7.270 USDT, approximately a 26.17% increase from the current price level.
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Market is now sideways. Soon we will see good movements. As Alt coin price is low and also other down price coin could give good return if you purchase them wisely.
There is liquidation at BTC price 70,067$ which is 40.93 M. Right now, the price is touching that line. After liquidating that amount there is no more strong liquidation onward, so the price will fall to 68,688$ where there is 53.18 M liquidation. It is just a prediction according to heatmap analysis.
There is liquidation in BTC Price -- 65,694$ (39.09 M) -- 67,620$ (29.86 M) -- 68,863$ (38.30 M) According to Heat Map Analysis, we can predict that in 24-Hour BTC price will revolve within this price level.
My prediction: The current price while creating the post is (67,078$) The price will hit 67,620$ and then it will hit 68,863$.
There is liquidation in BTC Price -- 65,694$ (39.09 M) -- 67,620$ (29.86 M) -- 68,863$ (38.30 M) According to Heat Map Analysis, we can predict that in 24-Hour BTC price will revolve within this price level.
My prediction: The current price while creating the post is (67,078$) The price will hit 67,620$ and then it will hit 68,863$.
JUST IN: 🇯🇵 Japanese public company Metaplanet purchases additional 23.35 #Bitcoin worth $1.6 million 🚀
Longstanding Japanese hotel and services provider Metaplanet purchased another ¥250 million ($1.8 million) worth of Bitcoin. This latest buy comes as Metaplanet mimics MicroStrategy's high-profile corporate bitcoin accumulation strategy.
LDO has reached its significant support level, from where it is attempting to bounce back. If it succeeds, we may witness a 10% to 15% increase in this coin.🔥 Do research before investment.