$BTC session wrap: Bitcoin is flat, alts are moving 📊
Bitcoin is parked at about 80.9K, still boxed from 79.2K to 82.3K ahead of the Fed at 18:00 UTC. Meanwhile money is rotating into alts:
🔥 Top gainer: $HAEDAL +26% 🐸 Most searched on Square: $PEPE +14% 📈 Breakouts: XRP, NEAR, Bittensor, MEGA 🧱 Still basing: Aptos, Worldcoin, Filecoin, Stacks
The pattern today: coins that held a clear floor all week are the ones breaking out first. Tonight the Fed decides whether the rest follow.
Which coin is on your watchlist for the Fed? 👇 Follow for live levels after the presser. NFA
Algorand has been pinned at 0.101-0.103 since Oct 23, with lower highs pressing down from above. It's a tight squeeze now: the lid at 0.1047-0.1069 is only about 4% away.
The oracle network's lows since Oct 24: 0.067, then 0.0694, then 0.0715. Buyers keep stepping in earlier. The ceiling is the 0.0744-0.0769 zone, where the 4H EMA50 and the Oct 26 highs sit.
Stacks, the Bitcoin layer-2, has gone flat at 0.293-0.299 for four days. Selling has dried up, but the lower highs from Oct 21 are still pressing down and RSI is only 41.
$HUMA bounced 60% off the flush, then hit a wall 🧱
Huma wicked down to 0.0175 on Oct 26, then ripped all the way to 0.0287. It's still +11% today, but sellers showed up hard at 0.027-0.0287 and price is now sliding back into the EMA zone.
Stellar printed a triple bottom at 0.1663 and is now testing the 0.171-0.172 lower highs. Its sister coin XRP broke out of the same pattern today, and these two often move together.
$SHIB is knocking on the 4H EMA50 for the first time in a week 🐕
Shiba Inu held 0.00000476-0.00000480 four times since Oct 23. Now the last three 4H candles are green and price is pressing the EMA50, the line that capped every bounce this month.
Cosmos has defended 1.603-1.624 three times since Oct 24. The last 4H candle closed back above the EMA20, but the EMA50 at about 1.68 has rejected every bounce for a week.
$GTC is +10.8% today and back above both 4H EMAs 🤝
Gitcoin based at 0.223-0.229 for three days, then one strong 4H candle took it through the EMA zone. It's one of the day's top gainers with volume picking up.
🟢 EMA zone: 0.247-0.256 🟢 Base: 0.223-0.229 🔴 Next: 0.277-0.290
If the EMA zone holds on a pullback, 0.277-0.290 is the next stop. A drop back under 0.247 would mean the breakout failed.
$MEGA has one of the cleanest charts on the board right now 📐
+16% on the week and eight higher lows in a row since Oct 18. Today it broke out of the 0.047-0.049 range it was stuck in for ten days and tagged a fresh high at 0.052.
🟢 Flip zone: 0.0468-0.0489 🟢 Last higher low: 0.0441-0.0448 🔴 New high: 0.0515-0.052
The old range top should now act as support. A retest of 0.0489 that holds is the textbook entry zone for trend traders.
$WLD is down 25% in a week. Oversold, or more to go? 🌍
Worldcoin has made lower highs every day since the Oct 20 peak and just printed a new low at 0.425. RSI is 37, so selling is stretched, but there's no reversal signal yet.
Internet Computer is -11% on the week, but sellers have failed to break 2.554-2.572 four times. Meanwhile the candles are getting smaller, a classic sign of a downtrend running out of steam.
$SEI is -13% on the week, so is this the bottom? 🌊
Sei's lows are still drifting lower (0.0522, 0.0519, 0.0517, 0.0512), but the selling is slowing down and price just poked above the downtrend line and the 4H EMA20.
$RENDER is the GPU coin to watch into tonight's Big Tech earnings 🎨
Microsoft and Alphabet will update the market on AI spending after the close. Render, the decentralized GPU network, has been ranging 1.64-1.77 for five days, coiling right under its 4H EMA50.
🟢 Range floor: 1.643-1.668 🔴 Range top: 1.715-1.771 🎯 Breakout target: 1.90
Strong AI capex numbers could be the spark for a range break. Weak ones and the floor gets tested.