Technical CRYPTO Analyst

The price of #AR decreased by more than 30% and reached the specified areas and has reacted to these areas. The price recently broke the dynamic resistance and is testing it again. If the price continues above the current level and reaches above $29.830, it will resume its upward trend and try to retest the resistance level of $44.500 - $49.500. . If the price falls below the specified level, the double top pattern in the chart will be completed, and the possibility of a decrease to $14.5 will increase.

An ascending channel has formed in the daily time frame in the #OCEAN price chart. Recently, the price has completed an ascending harmonic pattern, and the price has reached the bottom of the ascending channel, then reacted to it. If the price is still supported by the bottom of the channel, the price will grow according to the pattern and will reach the top of the channel after breaking the dynamic resistance. Break under the channel could indicate a weakening of the trend, leading to a bullish invalidation and potentially significant price declines.

#1INCH🦄 has left the upward channel, but its trend is still upward. The price strongly reacts to the specified support and resistance levels. If the price of Bitcoin decreases to $60k , $1INCH will also fall to the support level of 0.3180-0.3300 . The probability of reaching the specified level is very high because this level is a strong demand area that has accumulated with a lot of liquidity.

#Arbitrum🏧has broken the ascending channel in the daily time frame. $ARB price has dropped to the very important demand level of $0.7350-$0.7850. As you see in the chart, the price supported from this area before very well, and it grew more than 150%, so there is a possibility of support again. Bearish candles are still strong, and if the price reaches below the current level, it means that the decline will continue and the possibility of the price moving towards the last available support, the $0.5000-$0.5300 area, will increase.

The price of #UNI🦄 reached the previous ceiling and decreased again by 20%. $UNI has good potential and has made significant moves recently. The price has now reached the bottom of the ascending channel, so in addition to the support level indicated in the chart, the bottom of the channel will also be strong support for the price. The price is expected to act as before and rise again to retest the minor resistance area at $11.930. If the price can reach that area again, it will probably break it and move towards the next resistance. If the price drops below the support level, the bullish scenario will be completely violated. Therefore, keeping the price above this level is very important.

Altcoin prices can benefit indirectly When #Bitcoin price surges, it creates a lift-up effect for the entire crypto market. Similarly, this occurs in the altcoin market when #Ether surges. The SEC halting its investigation may be relevant to other altcoins the agency has accused of being securities. The SEC has opened cases against crypto exchanges Binance and Coinbase for a variety of securities law violations. The SEC has named several altcoins as securities, including  #SOL , #ADA , #MATIC projects such as Aave or Chainlink from the decentralized finance (DeFi) sector or layer-2 chains such as #Arbitrum,#Optimism could benefit from the SEC’s retreat.

The price of #PEPE , along with a dynamic resistance, is correcting a very upward trend. The price has exited the very upward channel. The possibility of returning and continuing correction until the price reaches the demand area of ​​$0.0000080 - $0.00000890 is very high. If the price can keep itself above this level, there is a possibility of starting another bullish step. If the price falls below the specified area, we may see a big dump.

#Binance🔸 has completed the integration of Tether (#USDT) on the #Toncoin Network today, allowing for deposits and withdrawals.

Contrary to the general situation of the market, #SFP has not decreased much and is still moving in its upward trend. The price is moving between resistance and support areas and has reacted to these areas until now. The ascending channel has been broken, and its support has been tested again, so the price will probably decrease to the support level of $0.6100. Until the support level is broken, the trend is still bullish.

As you can see in the chart, the price of #UNFI has fluctuated a lot recently, and whales are pumping and dumping the price . The price moves in a downward channel. The $2.500-$3.000 level is considered a very important demand area and still has the potential to support the price. Recently, a resistance area has been formed in the range of $4.800-$5.900 , and if the price can cross it and stabilize above it, it means that the upward trend has resumed. If the specified support level is violated and the price falls below it, we will wait for prices lower than the price, and the bullish scenario will be invalidated.