• bitcoinBitcoin (BTC) $ 117,709.00
  • ethereumEthereum (ETH) $ 3,806.22
  • xrpXRP (XRP) $ 3.12
  • tetherTether (USDT) $ 0.999920
  • bnbBNB (BNB) $ 792.81
  • solanaSolana (SOL) $ 179.36
  • usd-coinUSDC (USDC) $ 0.999809
  • staked-etherLido Staked Ether (STETH) $ 3,802.33
  • dogecoinDogecoin (DOGE) $ 0.222207
  • tronTRON (TRX) $ 0.326691
  • cardanoCardano (ADA) $ 0.773031
  • wrapped-stethWrapped stETH (WSTETH) $ 4,594.07
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 117,604.00
  • hyperliquidHyperliquid (HYPE) $ 42.81
  • suiSui (SUI) $ 3.80
  • stellarStellar (XLM) $ 0.413223
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,092.93
  • chainlinkChainlink (LINK) $ 17.65
  • bitcoin-cashBitcoin Cash (BCH) $ 570.75
  • hedera-hashgraphHedera (HBAR) $ 0.258026
  • wrapped-eethWrapped eETH (WEETH) $ 4,073.07
  • avalanche-2Avalanche (AVAX) $ 23.47
  • wethWETH (WETH) $ 3,804.86
  • litecoinLitecoin (LTC) $ 109.96
  • leo-tokenLEO Token (LEO) $ 8.96
  • the-open-networkToncoin (TON) $ 3.41
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • usdsUSDS (USDS) $ 0.999775
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 117,661.00
  • whitebitWhiteBIT Coin (WBT) $ 44.01
  • uniswapUniswap (UNI) $ 10.20
  • polkadotPolkadot (DOT) $ 3.83
  • moneroMonero (XMR) $ 308.28
  • bitget-tokenBitget Token (BGB) $ 4.52
  • pepePepe (PEPE) $ 0.000011
  • crypto-com-chainCronos (CRO) $ 0.141431
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.19
  • aaveAave (AAVE) $ 277.86
  • daiDai (DAI) $ 1.00
  • ethenaEthena (ENA) $ 0.580002
  • bittensorBittensor (TAO) $ 371.88
  • nearNEAR Protocol (NEAR) $ 2.67
  • ethereum-classicEthereum Classic (ETC) $ 21.44
  • pi-networkPi Network (PI) $ 0.418467
  • aptosAptos (APT) $ 4.51
  • ondo-financeOndo (ONDO) $ 0.957024
  • internet-computerInternet Computer (ICP) $ 5.45
  • okbOKB (OKB) $ 47.84
  • jito-staked-solJito Staked SOL (JITOSOL) $ 218.70
  • mantleMantle (MNT) $ 0.754218
  • kaspaKaspa (KAS) $ 0.093752
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.037212
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,805.85
  • algorandAlgorand (ALGO) $ 0.255604
  • bonkBonk (BONK) $ 0.000028
  • usd1-wlfiUSD1 (USD1) $ 0.999491
  • arbitrumArbitrum (ARB) $ 0.419693
  • vechainVeChain (VET) $ 0.024687
  • gatechain-tokenGate (GT) $ 17.40
  • cosmosCosmos Hub (ATOM) $ 4.45
  • render-tokenRender (RENDER) $ 3.85
  • fasttokenFasttoken (FTN) $ 4.59
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.217611
  • worldcoin-wldWorldcoin (WLD) $ 1.08
  • binance-staked-solBinance Staked SOL (BNSOL) $ 190.84
  • official-trumpOfficial Trump (TRUMP) $ 9.33
  • susdssUSDS (SUSDS) $ 1.06
  • skySky (SKY) $ 0.085781
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.692823
  • sei-networkSei (SEI) $ 0.311700
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,327.07
  • story-2Story (IP) $ 5.96
  • spx6900SPX6900 (SPX) $ 1.87
  • quant-networkQuant (QNT) $ 119.43
  • filecoinFilecoin (FIL) $ 2.52
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,993.72
  • flare-networksFlare (FLR) $ 0.024290
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.04
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 117,529.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.098012
  • jupiter-exchange-solanaJupiter (JUP) $ 0.525624
  • usdtbUSDtb (USDTB) $ 0.999917
  • kucoin-sharesKuCoin (KCS) $ 11.32
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 4,002.81
  • curve-dao-tokenCurve DAO (CRV) $ 1.02
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,067.55
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,107.34
  • injective-protocolInjective (INJ) $ 13.96
  • usdt0USDT0 (USDT0) $ 0.999973
  • blockstackStacks (STX) $ 0.757870
  • nexoNEXO (NEXO) $ 1.33
  • celestiaCelestia (TIA) $ 1.80
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.996453
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 4,010.48
  • optimismOptimism (OP) $ 0.711223
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999773
  • falcon-financeFalcon USD (USDF) $ 0.999559
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 117,485.00
  • flokiFLOKI (FLOKI) $ 0.000114
  • fartcoinFartcoin (FARTCOIN) $ 1.09
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 202.14
  • wbnbWrapped BNB (WBNB) $ 792.95
  • immutable-xImmutable (IMX) $ 0.552266
  • conflux-tokenConflux (CFX) $ 0.204363
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • the-graphThe Graph (GRT) $ 0.100261
  • dogwifcoindogwifhat (WIF) $ 0.983683
  • sonic-3Sonic (S) $ 0.301480
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.79
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 117,700.00
  • ethereum-name-serviceEthereum Name Service (ENS) $ 28.29
  • saros-financeSaros (SAROS) $ 0.356448
  • pax-goldPAX Gold (PAXG) $ 3,310.32
  • lido-daoLido DAO (LDO) $ 1.04
  • clbtcclBTC (CLBTC) $ 120,697.00
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • kaiaKaia (KAIA) $ 0.158198
  • msolMarinade Staked SOL (MSOL) $ 235.29
  • pump-funPump.fun (PUMP) $ 0.002603
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.35
  • tezosTezos (XTZ) $ 0.829864
  • paypal-usdPayPal USD (PYUSD) $ 0.999443
  • vaultaVaulta (A) $ 0.536429
  • theta-tokenTheta Network (THETA) $ 0.837596
  • super-oethSuper OETH (SUPEROETH) $ 3,804.07
  • tether-goldTether Gold (XAUT) $ 3,297.07
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 4,060.48
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,984.81
  • raydiumRaydium (RAY) $ 2.96
  • iotaIOTA (IOTA) $ 0.200449
  • jasmycoinJasmyCoin (JASMY) $ 0.015637
  • galaGALA (GALA) $ 0.016474
  • pendlePendle (PENDLE) $ 4.37
  • the-sandboxThe Sandbox (SAND) $ 0.288017
  • pyth-networkPyth Network (PYTH) $ 0.122458
  • ousgOUSG (OUSG) $ 111.98
  • aerodrome-financeAerodrome Finance (AERO) $ 0.809572
  • bittorrentBitTorrent (BTT) $ 0.00000070
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998176
  • tbtctBTC (TBTC) $ 117,501.00
  • jito-governance-tokenJito (JTO) $ 1.85
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,803.96
  • zcashZcash (ZEC) $ 38.68
  • flowFlow (FLOW) $ 0.388769
  • newton-projectAB (AB) $ 0.008499
  • stader-ethxStader ETHx (ETHX) $ 4,051.01
  • heliumHelium (HNT) $ 3.17
  • usual-usdUsual USD (USD0) $ 0.997725
  • morphoMorpho (MORPHO) $ 1.80
  • walrus-2Walrus (WAL) $ 0.420629
  • ripple-usdRipple USD (RLUSD) $ 0.999622
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 117,183.00
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 117,712.00
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.222292
  • usddUSDD (USDD) $ 0.999634
  • decentralandDecentraland (MANA) $ 0.295843
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,789.11
  • beldexBeldex (BDX) $ 0.077110
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,195.59
  • bitcoin-svBitcoin SV (BSV) $ 27.56
  • based-brettBrett (BRETT) $ 0.054959
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,807.94
  • chain-2Onyxcoin (XCN) $ 0.015732
  • syrupMaple Finance (SYRUP) $ 0.448677
  • mog-coinMog Coin (MOG) $ 0.000001
  • coredaoorgCore (CORE) $ 0.531316
  • memecoreMemeCore (M) $ 0.317634
  • swethSwell Ethereum (SWETH) $ 4,171.59
  • build-onBUILDon (B) $ 0.501786
  • true-usdTrueUSD (TUSD) $ 0.996868
  • thorchainTHORChain (RUNE) $ 1.39
  • ether-fiEther.fi (ETHFI) $ 1.16
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008225
  • apecoinApeCoin (APE) $ 0.602906
  • arweaveArweave (AR) $ 7.37
  • apenftAPENFT (NFT) $ 0.00000048
  • telcoinTelcoin (TEL) $ 0.005111
  • zebec-networkZebec Network (ZBCN) $ 0.005370
  • keetaKeeta (KTA) $ 1.12
  • frax-etherFrax Ether (FRXETH) $ 3,790.56
  • savings-daiSavings Dai (SDAI) $ 1.16
  • starknetStarknet (STRK) $ 0.124607
  • neoNEO (NEO) $ 6.35
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,805.08
  • dydx-chaindYdX (DYDX) $ 0.587447
  • compound-governance-tokenCompound (COMP) $ 46.89
  • aioz-networkAIOZ Network (AIOZ) $ 0.367135
  • ecasheCash (XEC) $ 0.000022
  • elrond-erd-2MultiversX (EGLD) $ 15.09
  • wemix-tokenWEMIX (WEMIX) $ 0.944173
  • dexeDeXe (DEXE) $ 7.36
  • wrapped-hypeWrapped HYPE (WHYPE) $ 42.67
  • kavaKava (KAVA) $ 0.384988
  • rekt-4Rekt (REKT) $ 0.00000099
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999810
  • treehouse-ethTreehouse ETH (TETH) $ 4,609.19

Bitcoin (BTC) on Cusp of a Breakout After Defeating Downtrend, According to Crypto Analyst

0 28

Bitcoin (BTC) on Cusp of a Breakout After Defeating Downtrend, According to Crypto Analyst

Widely followed crypto analyst Rekt Capital says that Bitcoin (BTC) is right on the edge of a breakout based on classic technical analysis.

The pseudonymous analyst tells his 543,000 followers on the social media platform X that BTC is in the midst of confirming a breakout after finally closing above a downward resistance line.

Says the trader,

“Bitcoin is on the cusp of a breakout.

Mere hours away from performing the initial but crucial steps towards fully confirming a breakout beyond the multi-month Downtrend.

And when BTC breaks a technical downtrend…

BTC enters a new technical uptrend.”

Bitcoin (BTC) on Cusp of a Breakout After Defeating Downtrend, According to Crypto Analyst

Source: Rekt Capital/X

Zooming out to the weekly chart, Rekt Capital says that BTC needs to move above a critical exponential moving average (EMA) to boost its chances of a sustained rally.

“Bitcoin is slowly approaching the 21-week EMA resistance (green).

Price will need a Weekly Close above ~$86,900 Sunday/Monday midnight UTC to position itself for a breakout from the triangular pattern formed by these two Bull Market EMAs.”

Bitcoin (BTC) on Cusp of a Breakout After Defeating Downtrend, According to Crypto Analyst

Source: Rekt Capital/X

At time of writing, Bitcoin is trading at $84,463.

Looking at Ethereum (ETH), the second biggest digital asset by market cap, Rekt Capital says ETH needs to hold its current price range to have any shot at triggering a 2023-style rally.

“After losing its black-black Macro Range ($2,196-$3,900), Ethereum dropped right into the historical demand area below (light blue).

Since then, Ethereum upside wicked into the top of the light blue box, turning the top of the box into new resistance, like in 2023 (red circle).

More, ETH recently downside wicked below this box, potentially holding the bottom of the box as support.

ETH needs to hold the bottom of the light blue historical demand area if it wants to position itself for a repeat of mid-2023 history (green circle).”

Bitcoin (BTC) on Cusp of a Breakout After Defeating Downtrend, According to Crypto Analyst

Source: Rekt Capital/X

At time of writing, ETH is trading at $1,595.

Generated Image: Midjourney

Source

Leave A Reply

Your email address will not be published.