ETH: Critical week


Ether is trying to settle above the $2800 level as of the week it tests the yellow major support area covering the range of 1900 - 2150 dollars. We know the importance of the green zone, at this point, I should note that ETH needs to settle back above the $2900 level before the weekly closing. If it can close this week in green, it can make a serious move in the coming weeks. Therefore, we are in a critical week for ETH.
ELEPHANT: Revisited the lower band of the channel
FIL has retested the lower band of the channel it has been fluctuating within for about 1000 days. Testing the range of $2.4 - $2.8, where it made its final bottom in the current cycle, FIL is trying to hold above this region. After surviving from this region for almost 3 years, FIL needs to make this move again to maintain its strength. If successful, it will be able to retest the green major resistance zone ranging from $9.6 - $11.8. It is sufficient for it to consolidate between these two important regions until the altseason occurs.
LINK: The best of the bad
LINK is trying to hold on to the area it settled in November. In recent months, we see that LINK, which managed to hold on to this critical area, has also dropped below the $18 level this week. We are not close to the weekly close, but we can still describe LINK's current position as the "best of the worst".
DOT: This week is also important for it
DOT cannot leave the comfort zone. DOT, one of the altcoins that has been consolidating for a very long time, tested the lower band of the range it has not been able to get out of for about 1000 days. We know that the range of 3.5 - 4.3 dollars is the ultimate bottom region. This region was tested, there was no downward swing below this region. This week will be important for DOT as well. At least it needs to continue to consolidate between the blue and red regions.
UNI: Took its first important step
UNI continues to build rising lows and maintains its strong structure. UNI, which bottomed in the navy blue zone in October 2023 and made a local bottom near the red zone levels in August 2024, is now holding onto life in the red zone. In order for UNI to maintain its strong structure in this chaotic week, it should not break the downside range of 6.7 - 7.6 dollars. UNI, which has moved away from this zone, has taken the first important step on this path. It should continue.
AAVE: Quickly recovered from major support
AAVE is one of the rising stars in the altcoin market, building higher lows and shining brightly at every opportunity. The turquoise region, covering the range of 230 – 260 dollars, has become a major support area. AAVE, which formed a deep wick below this region, quickly bounced back above it. In the current week, we would like to see it holding above this region. The resistance area in front of AAVE is in the range of 415 – 420 dollars.
APT: Must hold above the green zone
APT tested a region of vital importance. The range of 4.7 – 5.3 dollars forms our critical range, creating the green major support zone. We see that APT has been fluctuating between the red and green zones for a very long time. In this period where many altcoins are making new lows, we can say that APT has remained strong. To maintain its strength, it needs to continue holding above the green zone. A critical week awaits APT as well.
AVAX: It will be an important week.
AVAX, by making the $20 - $22 range an important yellow major support zone, has attracted buyers' interest. Buyers have taken action in this zone and AVAX continues its journey with a strong bounce. It is necessary to regain the purple zone covering the $30 - $33 range for the current bounce to make sense. It will be an important week for AVAX as well. It is likely to move between these two zones.
DOGE: Buyers took action in the critical area
DOGE has been unable to take a new step for weeks. Momentum loss was punished in the chaotic week. The green area covering the range of 0.175 - 0.22 dollars is a very important area for DOGE. Buyers have taken action in this area and we currently see DOGE in the positive for the week. If it can live a week that it can hold above the green area, it will take a step to regain support for the purple area. Speculators who buy in the green area will need to follow the weekly closing.
ADA: Held on to major support
ADA has found support from the red major support area and is trying to settle above the purple zone. We see that ADA will face an important test this week. If it can successfully settle above the purple major support area covering the range of 0.69 - 0.81 dollars, it will have passed this week with minor injuries. If it can close the week in green, we can talk about a much stronger ADA that can move much more powerfully in a much shorter time.
SOL: Building rising lows
SOL failed to settle above the 2021 peak covering the range of 240 - 260 dollars. It is quite meaningful that SOL supports the 185 - 200 dollar range in the short term. I can still say that SOL looks strong. It continues to build rising bottoms in the short and long term. If the cryptocurrency market (Total Market Cap, Altcoin Market Cap) can sign a strong weekly close, SOL will want to test the yellow zone again in the near future.
#Golden Snake Brings Fortune: $50,000 in Rewards #Which Altcoin Have You Bought Recently? #Which Sectors Are You Watching in 2025? #S
ETH0,09%
MAJOR1,7%
MOVE-0,02%
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Cryptonews143vip
· 02-06 05:46
HODL Tight 💪Bull Run 🐂1000x Vibes 🤑
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