
Bitcoin is grinding up again and testing $50,000 - the difference this time around is that volumes are higher than the first test which can lead to a breakthrough. Price closing a daily candle above $50,000 would increase the odds of an upside run-up to $57,000.
Monstrous rally yesterday off the Arbitrum news (release of a new L2 solution; mainnet). The rally helped ETH advance by +$400 in a single day.
Price found temporary resistance at $3,850 which is an intermediate level - the real key level stands at $4,200.
Fun Fact: ETH was worth less than $400 12 months ago.
DOT managed to reclaim $27 on the daily timeframe an is now rallying towards $40.
SNX is attempting a reclaim and it successfully closed a daily candle above $12.40. From a pure technical perspective, this can lead towards $14.10.
RUNE reclaimed $10.35 and is making another attempt at $12.85.
SOL still in pure vertical mode which usually is a great place to take at least partial profits (not financial advice). There are two support levels underneath:
SRM has finally broken above $8.50 which will help it rally towards the previously set ATH and potentially discovery new grounds.
FTT saw an incredible +34% day yesterday as price broke right through the May highs. This is price discovery mode for FTT and the upside targets are round psychological numbers.
On its rally towards $4.88 - or $5 to round up. Do note that the latter has been an important liquidity area where supply was deployed into the market on the way down post-listing.
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If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.