人参果叔

A key technical indicator in the XRP chart is conveying critical signals about the continuation of its price trend. The Relative Strength Index (RSI), an important tool for measuring market momentum, is currently rising in sync with the price. Notable XRP analyst EGRAG CRYPTO pointed out that this phenomenon confirms the bullish market in the current phase.
In his latest social media analysis, he emphasized that the coordinated rise between price and RSI reflects a healthy upward trend, indicating that buyer strength still dominates the market.
RSI pattern demonstrates robust market momentum

Despite the Federal Reserve announcing a 25 basis point rate cut, Bitcoin (BTC) has dropped nearly 4% in the past 24 hours, briefly hitting a one-week low of $106,700 and falling below the recently reclaimed $110,000 level. Since July, Bitcoin has mainly fluctuated in the $108,000 to $120,000 range, but after undergoing adjustments in early October, it has failed to reclaim the high end of that range.
Multiple analysts pointed out that this week's closing performance will be crucial for Bitcoin's short-term trend. Ted Pillows noted that market volatility is not surprising, as Bitcoin has shown similar trends several times since the third quarter. He analyzed that after the last three Federal Reserve meetings, BTC saw a decline of 6%-8%, but then reached new historical highs before the next meeting. Charts show that prices typically bottom out 5-9 days after the meeting, followed by a rapid rebound and setting new highs. As Bitcoin once again dips into the $106,000 region, Ted believes a similar trend may repeat, but he also warns that if it cannot recover the $113,500 mark in the coming days, a deeper correction may occur. 'If the weekly close is below that level, it will increase the risk of a significant pullback.'

Dogecoin's recent price is approaching a key support range, and its downtrend may be nearing exhaustion. As signals of decreasing downward momentum emerge, market observers are closely watching potential changes in driving forces that could shift the market direction.
The price channel pattern is nearing its end: only waiting for the last critical position to break through.
According to technical analysis of Dogecoin (DOGE) on the 30-minute chart, the Elliott Wave Academy has updated its view, confirming that the token has experienced significant selling pressure over the past period. Chart analysis shows that the DOGE/USD trading pair is nearing completion of a distinct price channel pattern, with only the last critical position remaining to break through to confirm the subsequent major volatility direction.

XRP market is trying to initiate a new round of increase, attempting to break through the $2.550 mark. However, the current price is encountering resistance near $2.650, and it may face correction pressure in the short term.
XRP has failed to effectively maintain above $2.70, subsequently experiencing a certain degree of pullback. The current quote has fallen below $2.60 and the 100-hour simple moving average. On the hourly chart of XRP/USD, a resistance line located near $2.65 can be observed as a short-term downward trend line (data source: Kraken). If this currency pair can stay above the support level of $2.5120, there is still a possibility of resuming the upward trend later.

Cryptocurrency analyst VisionPulsed recently stated that Dogecoin (DOGE) may see seasonal upward opportunities in November, but this requires certain conditions to be met: a broader "risk appetite" transfer in the U.S. stock market to the cryptocurrency market, and Bitcoin must hold key moving average support levels.
In a video update on October 28, he linked the recent rise of Dogecoin to a familiar correlation pattern: S&P strengthens → Russell 2000 index follows → Ethereum breaks out → Dogecoin powers up. He pointed out, "November may see a significant surge like in previous years," referencing the historical trends of bottoming out at the end of October in 2022 and 2023, followed by a rebound in November. He also mentioned that current stock market sentiment is optimistic, with the S&P continuing to gap up, and historically, a risk appetite in the stock market often benefits the performance of the cryptocurrency market.

Cryptocurrency analyst Cantonese Cat (@cantonmeow) released a weekly chart analysis of Dogecoin (DOGE) on October 27, pointing out that the current technical indicators show multiple positive signals. DOGE is oscillating around a spot price of approximately $0.208 on Binance, and he emphasized the following four key technical indicators as bullish evidence:
Four Key Factors for Bullish Dogecoin
Technical Structure Summary

DOGE has been oscillating within a wide range of $0.16 to $0.27 for the past few months. The current price is supported near the cycle high AVWAP and the 0.5 Fibonacci retracement level, while the Ichimoku 'Samurai Sword' structure also provides support, reinforcing the defensive strength at the lower end of the range. If it can maintain the current support with accompanying trading volume, the price is expected to test the upper end of the range again and even re-test the cycle high near $0.73995.

Over time, various indicators have gradually formed in the market, which have often helped to determine the peak of Bitcoin's bull market in the past. These indicators were activated in previous cycles, and their triggers were typically seen as exit signals, indicating that a new bear market might be about to unfold. However, this cycle is different; despite Bitcoin's price having repeatedly broken historical highs, none of the indicators used to identify the cycle's top have been activated, suggesting that the current market may not yet have reached its peak.
The bull market peak indicator tracker on the Coinglass website includes 30 indicators used to monitor the progress of Bitcoin's bull market toward its peak. Key indicators include the Bitcoin bubble index, the Puell multiple, the Bitcoin rainbow chart, and the altcoin season index.

Solana has initiated a new round of rising行情 above the 200 US dollar mark. The current price of SOL is consolidating above 200 US dollars, with expectations to challenge the resistance area of 208 US dollars in the future.
SOL has started a new round of rise against the US dollar, breaking through the levels of 188 US dollars and 195 US dollars.
Currently, the trading price of this cryptocurrency is above 200 US dollars and is above the 100-hour simple moving average.
On the hourly chart of the SOL/USD trading pair, a bullish trend line can be observed with support at 198 US dollars (data sourced from Kraken exchange).
If this trading pair can successfully break through the resistance zone of 208 US dollars, it is expected to continue the upward trend.