The price is approximately $3353, and the overall trend on the displayed frame (looks like 1 hour) is clearly upward after breaking important resistances.
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📌 Key Technical Observations
1. Moving Averages (MA)
MA7 is above MA25 and above MA99 → Strong upward trend.
The price is moving above all moving averages, supporting the continuation of the rise as long as it remains above 3250–3280.
2. Candles
There is a test of the level 3397 followed by a slight drop and then an attempt to rise again.
A pattern resembling consolidation above resistance (Bullish consolidation), often precedes a new breakout if support is not broken.
3. Indicators (MACD & RSI)
MACD
Shows strong upward movement with positive divergence.
Green bars are increasing → Upward momentum.
RSI (6)
At 76 → Short-term overbought.
A slight cooling or small correction may occur before the rise continues.
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🧭 Support and Resistance Levels
Resistances
$3397 → Strong resistance, closing above it means an extension of the rise.
$3450 is a potential target after the breakout.
Supports
$3280–3320 → The most important current support areas.
$3180 is a major support in case of a strong drop. $ETH $ETH
📌 General trend (Trend) The pair is clearly in a strong upward trend on the 1H timeframe — the recent candles show: Sharp rise from 3097 → 3397 approximately. The price is now consolidating under the new peak. --- 📌 Moving averages (MA7 / MA25 / MA99) All moving averages are arranged in ascending order: MA7 above MA25 MA25 above MA99 And this is a clear bullish pattern (Bullish Alignment).
📌 1. General trend (Trend) The candles are trading above the moving average MA(25) and intersecting with MA(99), indicating that: The current trend is bullish in the short term. However, the rebound from the level 449.99 shows that there is a strong resistance area. --- 📌 2. Support and resistance areas Resistance 449 – 450 USDT A clear rebound zone has appeared and the price may test it again.
The current trend is bearish–neutral with clear selling pressure, but there is a very strong support area at $4180 from which a bullish candle has emerged.
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📉 Detailed analysis
1️⃣ Moving averages
MA7 is below MA25 → downward pressure.
The price is currently below MA25 but very close to MA99 (the real support).
No bullish crossover has occurred yet → any rise at this moment is considered a weak rebound.
✅ Quick summary ⚠️ Zcash is now in a dangerous area — the likelihood of a strong corrective drop is greater than the likelihood of continued rise. Buying now is not suitable, and short selling is only possible upon breaking a specific support. --- 📊 Detailed analysis 🔥 1) The price has risen sharply and reached a fierce resistance area The price reached approximately $425 and then rejected strongly → this is a strong resistance level + the beginning of a correction.
$SOL 📊 The current technical position of SOL The current price of SOL/USDT ranges around 138-139 USDT. From a technical indicators perspective based on recent data: In the short term (daily to weekly) some analysis provides 'Strong Buy' signals from moving averages and technical indicators. However, on the monthly or medium-term frame, the situation is less positive: some platforms are giving a 'Sell' or 'Neutral' signal on a monthly basis.