A short-term price analysis by CMCAlexandria of the industry's favorite giants! Will the trend continue or is there a ray of hope? 😰 Let's find out! 👇 Author: youngcryptowolf Editor: YousraAASheikh BTC ETH NEAR SOL LUNA AVAX
Looking at the 4-hour time frame, we can clearly see that the trend is in favor of the bulls. We can see higher highs forming up until the April high. Since then, the price has been consolidating, waiting for its next move.
Taking a closer look at our most recent price action, we can see that the price has struggled to close above $108 and hold its ground. Meanwhile $100 has been held as psychological support - but for how long?A 4-hour close below $99 is a sign that we will see Solana continue to print lower lows. However, a 4-hour above $103 will put the bulls in a good position to regain some ground.Let's take a look at one of the market's leaders in terms of price action growth, LUNA.
A 4-hour above $80 gives LUNA a good start on a recovery to $100. However, a 4-hour close below the April low would lead to a sell-off towards $70.Last but not least, let's take a look at everyone's favorite red coin - AVAX. A 4-hour close above $77 will set AVAX to make a run towards our area of interest. However, a 4-hour close below the psychological level of $73 could allow the price to continue to print lower lows.If you are one of those who skipped to the bottom to save some time, here is a summary of the above:ETH bulls need to flip the switch to start a bull run.Solana's support level looks weak when compared to others.AVAX continues to hold sturdy despite market conditions.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Let Dianne Feinstein Leave the Senate on Her Own TermsPublic fretting about 88-year-old Dianne Feinstein’s mental fitness seems designed to push her to resign. But it should take more than gossip to overrule voters, writes ed_kilgore
Lire la suite »
Lil’ Kim let her ‘high as f—k’ friend style her: ‘Can U spot it?!’Lil’ Kim is proving she’s still the Queen Bee, even with an upside-down belt on.
Lire la suite »
Actor Matthew Lillard And Director Bill Whirity Create “Decentralized Movie Studio”; First Project Is Vampire Film ‘Let Them Die’EXCLUSIVE: Actor Matthew Lillard, best known for his roles in the hit films Scream and Scooby Doo, and writer-director Bill Whirity have launched Midnite Movie Club, an NFT based project that allow…
Lire la suite »
From Greenland to the North Pole: 5 Yacht Expeditions That Let You Explore the Uppermost Reaches of the GlobeChartering vessels from Burgess, Feadship and others to the North Pole and beyond includes a host of perks.
Lire la suite »
Help! My Neighbor Friend of a Decade Won’t Let Me Inside Her House.She has other people over, so I can’t imagine what this is about.
Lire la suite »
I tried to duo with ‘Let me solo her’ in Elden Ring, and it didn’t go wellI tried to duo with 'Let me solo her' in Elden Ring, and it didn’t go well
Lire la suite »