The global cryptocurrency market capitalization has finally ended above $ 2 trillion as bulls have strengthened their vitality over the past few days. As a result, King Alto sought to continue its up-channel trajectory and overturn the $ 3,100 mark.
Dogecoin showed a short-term technical overbought position and confirmed a bearish difference from the RSI. In addition, Solana saw the classic EMA ribbon flip in favor of the bull, while the CMF could see a short-term revocation.
During the previous descent, ETH lost the decisive $ 3,200 mark while the bear flipped this level to resistance. During the bearish phase, ETH lost more than half of its value as it fell towards its six-month low on January 24th.
The Bulls remained at the $ 2,300 base, while Alto has increased by nearly 46% in the last two months. Recently, ETH has recovered from the two-month trendline support (white, dashed line) and witnessed two up-channels on the 4-hour chart. Currently, the immediate hurdle for the Bulls was near the $ 3,183 mark.
At the time of the press, ETH was trading at $ 3,154.7. After a recent reversal from equilibrium RSI Bounced off the up channel. After drawing a visible bullish edge, the aim was to test the ceiling at the 66 mark.
After falling from the $ 0.13 mark to match the February lows, DOGE recovered with an expanding wedge (yellow) rising on the 4-hour chart. alt has confirmed a ROI of nearly 27% over the last 12 days while regaining significant $ 0.13 support.
That recent rally pushed Doge up 20/50/200 EMA Like a bull maneuvering a trend in their favor. Currently, the 3-week trendline resistance (white, dashed line) was strong in the short term.
At the time of the press, DOGE traded at $ 0.1404. The RSI While maintaining 54 support, we gradually continued to retrace from the overbought mark. Now it has seen a bearish divergence with the price. This trajectory suggests the possibility of a short-term retreat. on the other hand, MACD The line saw another bullish crossover as the buyers showed their increased power.
SOL suffered a loss of nearly 57% since the beginning of the year, hitting a six-month low on February 24th. Since then, it has seen more than 40% jumps towards that $ 102 resistance.
However, this resistance was consistent with the 4-month trendline resistance (white, dashed line). Therefore, the recovery from the $ 80 floor could not trigger a trend-changing rally. but, EMA ribbon The buyer was still in control, taking on the bullish reversal.
At the time of press, SOL traded at $ 102.32. After testing the median plane multiple times, CMF Finally, there was a resurgence towards the $ 0.20 level. The CMF also observed a hidden bearish divergence with the price. This reading was probably accompanied by a short-term setback.