$BCH is steadily climbing within a long-term uptrend, supported by a clear rising trendline on the weekly timeframe. Price is now approaching the major resistance zone where it has been rejected multiple times in the past, making this area a key barrier for bulls to break.
A strong weekly close above this resistance would open the door for a larger bullish continuation. However, if BCH gets rejected again from this zone, it may retrace back toward the ascending trendline for support before attempting another move upward.
The price of $BNB may continue its upward movement if it holds the 4h FVG zone in the range of $845 - $865. The main target for continued growth is liquidity above the $940 level.
The price is rebounding from the support trendline of the falling wedge pattern. Currently, it is facing rejection from the resistance trendline. A breakout of the pattern will provide a bullish trend.
The price is trading above the support trendline of the ascending triangle pattern. Here, we can expect a bounce or breakdown of this level to provide further downward movement.
$XRP is trading inside a clear falling wedge pattern while sitting right on top of a strong horizontal demand zone. This area has held multiple times in the past, making it a key support level for buyers.
Price is currently compressing between the wedge's support and resistance lines. As long as XRP holds above the demand zone, this region may serve as a potential reversal area. A breakout above the wedge’s resistance trendline would signal a bullish shift and could trigger a strong upward move.
$ARKM is moving inside a falling wedge on the daily chart. It may retest the wedge support one more time before the next leg up. In case of a successful bounce from the support and a breakout above the wedge, the potential targets are:
The price of $ETH is below the 4h FVG zone in the range of $3,270 - $3,370. In order for the price to break through this zone, large purchase volumes or another liquidity pool from below are needed. If buying volumes do not appear in the near future, the price will make another correction to liquidity levels near the $3,000 mark. From these levels, the upward movement may continue.
The price of $DOT is accumulating above the key level of $2.2. If the price reaches this level during trading and shows a reaction, a powerful upward movement will begin with the aim of breaking out of the local accumulation.