Asset $LINK is trading at 12.06. After declining from highs around 15,700, the price bounced off the rising trendline (which began in August) near the 11,800 mark.
If the price holds above this trendline, it could return to the 12,600โ13,500 range.
If it breaks below the trendline, the price could fall to the 11,400โ11,000 levels.
The price of $BTC is 83,728.11. After breaking through the horizontal resistance level around 82,000, the asset is now testing it as support on the weekly timeframe. The long-term uptrend line is significantly lower, around 68,000.
If this level holds on the weekly chart, the retest will confirm the breakout, opening the way to 89,000โ101,000.
If this level is lost, the price may return to the 73,500โ66,000 range.
Asset $WLD is trading at 0.5831, approaching the descending trend line (which began in May) around 0.6000. The price is inside a symmetrical triangle after a sharp bounce from the 0.4800 zone and the ascending support line near 0.4000.
A breakout above 0.6000 opens the way to the 0.6500โ0.7000 levels.
If, however, the price is rejected at this level and moves downward, it will return to the 0.4800โ0.4400 range, while a loss of the ascending trend line around 0.4000 will lead to further declines.
Asset $HYPE is trading at 78.41, right on an ascending trendline (which began in August) near the 78.00 level, following a gradual decline from highs around 97.00.
If the price holds above this trendline, a rebound to the 82.00โ86.00 range is possible.
If, however, the level is broken to the downside, the price could fall to 74.00โ72.00.
The price of $LTC is 59.93. The asset has bounced off the 50% Fibonacci level again (around 57.20), whichโalongside the rising trendlineโacted as support after the pullback from highs near 74.00.
If this level holds, the price could return to around 61.40, and then move up to 66.50.
If this support breaks, the price will likely fall to 53.00.
The price of $ZEC is 1,232.04. The asset bounced off an ascending trendline (which began in August around 1,075) after pulling back from highs near 1,690.
If the price holds above this trendline, it could return to the 1,310โ1,390 levels.
If it breaks below the trendline, the price could fall to 1,000โ940.
The price of $PYTH is 0.08796. Against the backdrop of a general market downturn, this asset is showing growth, holding above an ascending trendline (originating in August) around 0.07900 and testing resistance near 0.09000.
If the price holds above this trendline, its relative strength could push it toward 0.09000โ0.09500.
If it breaks below the trendline, a pullback to the 0.07100โ0.06700 range is possible.
Price $BTC is around 81,576 after touching a liquidity cluster (in the 80,200โ80,300 range, according to the weekly liquidation heatmap) during a local dip and gathering the corresponding positions, followed by a bounce.
Meanwhile, a larger liquidity cluster remains above, around 84,200โ84,500.
If the price holds above the low reached during this dip, the current bounce could pave the way toward 84,200โ84,500.
If this level is lost, a pullback to the 78,000โ77,800 range is possible.
$ETH is trading at 2485.89 after a sharp drop from the 2700 zone; at one point, the price fell to around 2400 amid a broad market sell-off triggered by news about the Fed, the situation with Iran, and movements of funds between wallets.
If the 2400 level holds, the dip will be bought, opening the way for a return to the 2600โ2700 range.
If this level is breached, the price will head toward the lower boundary of the wedge, around 2300โ2200.
$AAVE is trading at 175.7, testing a steeper upward trendline in this area (originating in mid-September) while also putting pressure on the upper boundary of the channel around 185.00.
Holding this trendline and breaking through the upper boundary of the channel would open the way to new highs.
If the level fails to hold, however, the price will pull back into the 160.00โ150.00 range.
$BTC begins ยซUptoberยป (traditionally strong for the October rally) from the $84,272 level: moderate PCE inflation data reduced the likelihood of a rate hike in October to 37%, and Goldman Sachs pushed its rate-hike forecast further out.
Nevertheless, rising Treasury yields and a stronger dollar limit upside potential, keeping the price capped in the $85,000โ$87,000 resistance range.
Historically, October is Bitcoinโs strongest month (in 10 of the last 13 years, the average gain was nearly 20%), and the key catalysts that will set the tone for the rest of the fourth quarter will be the Fedโs decision on October 28 and Fridayโs jobs report (NFP).
$BCH is trading at the level of 306.6, staying above an uptrend line (originating in June from ~224.0) after a sharp pullback from the highs around 345.0.
Holding this trend line will open the way for growth toward 320.0 and higher.
If it breaks down, the price may fall to the 280.0โ270.0 range.
The price of $TAO is 305.3; the asset remains above the rising trendline (originating in July around 212.5) after a pullback from the peak at the 330 level.
Holding this trendline will open the way back to the 320 mark and higher.
If it breaks down, the price could fall to the 260โ252 range.
The price $ENA is 0.2683; the asset has broken through a downward trend line (formed since November around 0.2400) after a sharp rise from the uptrend line near the 0.0860 mark.
If the price holds above 0.2400, the move will continue toward new highs (above 0.2829).
In case this level is lost, a pullback to the 0.2200โ0.2000 range is possible.