$LINK is showing strong bullish potential as liquidity has been cleared and a retracement is currently underway. This setup looks promising, and placing a buy limit could be a smart move to capitalize on the next leg up.
The ongoing retracement offers an excellent opportunity for traders to enter before the anticipated pump.
$PEPE is showing a similar setup to $LINK, with liquidity cleared and a retracement underway. This presents a prime opportunity for a long trade position once the retracement completes.
Patience is key here—waiting for the perfect entry can maximize potential gains as the market readies for the next move.
Let’s see how $PEPE performs in the coming sessions!
$XRP has delivered an unforgettable pump, leaving the community celebrating yet another victory. Here’s to another milestone archived!
The recent surge in $XRP ’s price has been nothing short of thrilling, cementing its position as a market favorite. With this pump, XRP has once again hit its mark, proving the power of strategic patience and timing.
What’s Next?
The question on everyone’s mind: Who’s ready for the next XRP target? Stay tuned for updates!
Cheers to the $XRP community for another massive win. Let’s prepare for the next exciting chapter together!
Chainlink ($LINK ): A Bullish Breakout in Progress?
The Chainlink ($LINK ) chart is signaling strong bullish momentum, drawing parallels to the historic $DOGE pump. With key support and resistance levels aligning, here’s why LINK is currently one of the most exciting opportunities in the crypto space.
Technical Overview:
1. Support at $8.09:
LINK has established a strong foundation at the $8.09 level. This support zone has held firm since mid-2023, making it a critical base for the current uptrend.
2. Break of Structure (BOS): The weekly chart shows a Break of Structure (BOS) around $20, confirming the shift from a bearish to bullish trend. BOS marks the transition from consolidation to upward momentum, which has historically led to significant rallies.
3. First Target (TP1) at $37.15: The next key resistance level lies at $37.15, where $LINK previously faced rejection during the 2021 bull run. This level serves as an intermediate profit target for traders.
4. Second Target (TP2) at $54.34: If LINK sustains its momentum, the ultimate target lies at $54.34, near its all-time high. This level would represent a full retracement of the downtrend and signal a complete recovery.
Comparison with $DOGE Pump:
The confluence setup mirrors $DOGE’s historic pump, where support held firmly before an explosive move to new highs. $LINK ’s current structure suggests a similar trajectory, making it a prime candidate for a sustained rally.
Outlook for 2025:
With the crypto market gaining traction and LINK maintaining its bullish structure, the potential for a significant breakout is high. Traders eyeing long-term positions should monitor these levels closely and consider the broader market dynamics for confirmation.
Conclusion: $LINK is flashing Christmas lights this holiday season, with a textbook bullish setup reminiscent of past legendary pumps. As we move closer to 2025, Chainlink remains a top contender for explosive growth. Stay tuned for updates as this story unfolds!
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Axie Infinity is a popular blockchain-based gaming platform that allows players to breed, battle, and trade digital creatures called Axies. The platform's native token, $AXS , plays a crucial role in its ecosystem, serving as a governance token and rewarding players.
Triple Bottom Formation
As seen on the chart, it reveals a promising technical pattern for AXS: a triple bottom formation. This pattern occurs when a price forms three consecutive lows at approximately the same level, often signaling a potential reversal from a downtrend.
Accumulation and Distribution
As seen in the chart, I also highlighted distinct accumulation and distribution zones. This accumulation zone, marked by a period of sideways trading with lower volume, suggests that investors are gradually buying $AXS at a relatively low price. The distribution zone, is where price volatility are expectd as the chart indicates a potential upward pressure.
Parabolic Trend
Given the triple bottom formation and the potential for a breakout from the distribution zone, AXS is positioned for a parabolic trend. This means the price could experience a rapid and sustained upward movement.
Target Prices
The chart indicates two ideal target prices and beyond:
* TP1: 75.871 * TP2: 111.963
If $AXS successfully breaks out from the distribution zone and maintains its upward momentum, it could reach these target prices.
In Summary
The triple bottom formation and the potential for a parabolic trend suggest a bullish outlook for $AXS .
Stay tuned for more updates and remember to interact and share your opinions in the comment section.
$CRV is finally spiking from our entry point and moving toward our first take-profit target (TP1). CRV remains one of the most bullish charts, with over 89% bullish sentiment across multiple platforms. Keep an eye on this strong upward trend for further potential gains.
CRV is still at our Fair Value Gap (Fvg) entry level, showing good uptrend signs as it holds still at current range. A break above previous high level at the TP 1 range will further strengthen this uptrend towards our second and third targets.
Toncoin ( $TON ) has dropped precisely as predicted, hitting the expected level. The next yellow target is still unfolding, and we are closely watching its development. Stay alert for more updates as Toncoin approaches its next critical move in this unfolding trend.
Solana has broken above a major resistance level, confirming a bullish trend. Currently, it’s retesting after hitting the Fair Value Gap (FVG) resistance. It could either dip, as shown on the chart, or break above the resistance for further bullish momentum.
Ethereum Classic ($ETC ) has made an important breakout, confirming a bullish trend. However, before pushing higher, I expect a retest down to our entry range at $18.18, followed by consolidation. Once it reclaims the previous local high, the next target is $20.78 target.
$BTC surged straight to our target as highlighted in the previous update, with Ethereum and other altcoins following the spike. The key question now is: What’s next for Bitcoin—bearish or bullish? Next Probable Move for Bitcoin Following a liquidity sweep during the recent and ongoing spike, there's room for a potential retest. Will Bitcoin dip lower, or will the pullback be shallow? We’ll get clarity during the NY opening. For now, Bitcoin remains bullish, and the focus should stay on the upsi
Since our entry, $PEPE has shown consistent strength, breaking through the initial target with solid upward momentum. The second wave is now progressing well, reaching nearly halfway to the next target.
As the upward trend continues, market conditions suggest further potential gains, but traders should stay alert for any signs of a pullback or consolidation.
Keep monitoring the charts as we approach key levels, and adjust strategies accordingly based on evolving price action.
The September rate cut probabilities for the Federal Reserve are a major focus of market speculation.
According to CME's "FedWatch" tool, there is currently a 37% chance that the Fed will cut rates by 25 basis points and a 63% chance of a larger, 50 basis point cut. According to CME's "FedWatch" tool, there is currently a 37% chance that the Fed will cut rates by 25 basis points and a 63% chance of a larger, 50 basis point cut.
The Federal Reserve has maintained high interest rates to fight inflation, but with inflation stabilizing and economic activity slowing, there is growing anticipation for a rate cut in September.
WIF has been correcting in this bullish falling wedge pattern. Looks like a wave 2 correction. The parabolic Bullish wave 3 is setting a stage to begin soon.
I am closely watching for a breakout above the red line, this will strengthen #WIF's trend to our target.
Our previous update on Not coin is still very active. Support is holding strong but we haven’t had a clear breakout from the wedge resistance, Until then, #notcoin is still bullish until proven otherwise.
Link is still holding support in our previous chart strong which is a bullish sign.
If we can get a clear breakout of the red resistance line and a Break Of Structure (BOS) at the previous local high it could strengthen Link surge to our TP levels.
$LINK has bottomed again, indicated with two yellow arrow. If the blue support line level is maintained, I expect a spike towards the red resistance lines followed by a retest and second phase uptrend creating a break of structure (BOS) that will push price to our targets.
ENA is currently at the caution ⚠️ line we highlighted in our previous post. It appears to be holding at that range but we must exercise caution as there might be further corrections as long as ENA stays below the caution line.