Bitcoin, XRP, and FET Price Predictions Amid Market Pressure
- Bitcoin Trendline Test: Bitcoin has faced three consecutive red days, dropping from around $78,000 to $72,500, and is currently testing an ascending trendline established since February; a successful bounce could help form higher highs and lows, with key support levels at $74,400 and $77,700.
- XRP Recovery Signs: XRP is trading around $1.32 and testing resistance near $1.33; a breakout above this level could push the price towards $1.37, indicating that the market is searching for rebound opportunities after recent declines.
- FET Resistance Challenge: FET has been testing the $0.26 resistance level for three days; a breakout above this level would significantly strengthen the bullish case, while a drop below $0.24 could hand control back to sellers, reflecting market tension.
- Market Sentiment Analysis: Bitcoin's RSI stands at 38.142, indicating sellers maintain an advantage, while XRP's RSI at 49.911 shows a balanced market, and FET's RSI at 57.439 suggests buyers have a slight edge, keeping overall market sentiment cautious.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0381 | 0.0443 | 0.0503 | 0.0565 | 0.0626 | 0.0688 | 0.0748 |
| Fibonacci | 0.0443 | 0.049 | 0.0519 | 0.0565 | 0.0612 | 0.0641 | 0.0688 |
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