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The market for altcoins might be in for a start of what’s known as an “altcoin season.” That’s according to Ash Crypto, a respected crypto analyst/trader who’s spotted a key technical pattern. He points to a hidden bullish divergence on the weekly Relative Strength Index (RSI). For those not deep into charts, such a pattern suggests that even though prices have been down, the underlying momentum is actually building, hinting at a turnaround. The total value of the altcoin market has been trending downwards since around the middle of December last year, with prices generally making lower highs and lower lows. However, lately, the altcoin market cap found some solid footing around the $1.03 trillion level, which led to altseason watchers confidence in a bounce back. Yes, the prices are still below a few important moving averages, means it might not be a smooth ride to recover. The 200-day Simple Moving Average (SMA), which is currently around $1.16 trillion, is acting as a significant level of resistance. Related: ETH Above $2K: Fed Stays Put, Altcoin Season Watch Begins This is on top of the 100-day SMA at $1.29 trillion and the 50-day SMA near $1.15 trillion, key levels that a sustained upward movement needs to overcome. In the shorter term, the 20-day SMA at $1.06 trillion is presenting some resistance. One level that’s particularly important to keep an eye on is $1.06 trillion. If the market can decisively break above this point, we might see a short-term recovery, with the next target being in the $1.15 trillion to $1.16 trillion range. However, if the price stays below this $1.06 trillion mark, we could see another test of the $1.03 trillion support level. If that support doesn’t hold, the market could fall further, extending the current downtrend. Related: Which 6 Altcoins Have the Potential for Massive Gains? ETH, SOL, ALGO, DOGE, AVAX, TON Overall market sentiment is still a bit cautious as major altcoins are struggling to regain their footing. Ethereum is currently trading around $1,980 having dropped by about 2% in the last 24 hours, although trading volume is high at over $12.7 billion. XRP has also seen a decline, currently around the $2.40 region after falling by about 2%. Solana, another big player, is now around the $128 price mark, but with a drop of 3.5% in 24 hours compared to ETH & XRPs’ 2% reversal. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

$ETH - Bullish consolidation above the ascending triangle precedent resistance📈  If the 1950 - 1960$ support zone hold, then we may see another bullish reaction!  Upper big resistance to be break: 2070 - 2105$  - 2200$   💡General outlook:   Short term = Correction phase. [neutral]  Medium term = correction phase 📈 Long term = Bearish trend ==> 1600$ dump possible. 📉 On my second chart [weekly view], you can see all importants levels. Magnet key area: 1600 and 2300.  The current price is stuck at the midle of both side👀

3月21号大盘解析 BTC 技术面:大饼目前处于1小时上升通道中，价格在EMA均线上方运行，日线MACD金叉延续，但上涨动能略有萎缩，短期还是看一个小反弹。 支撑位：83700、82100 压力位：85100、86500 ETH 技术面：关键形态包括陀螺和乌云盖顶，陀螺形态表明多空力量均衡，乌云盖顶则可能预示趋势反转。EMA指标显示短期均线上方的价格维持短期上升趋势，但大级别EMA均线价格纠缠表明市场很可能继续在当前位置震荡整理。 支撑位：1955、1855 压力位：1995、2080 总结：延续早上观点，二探不会破凌晨的低点，当前二探已经完成，反弹即将开始，但是反弹力度不会太大，当前位置开单建议带好止损（大饼止损93400，以太止损1950） ORCA FARM ZRO

$GPT buy the dip $ORCA $BTC $XRP $ETH $ARC $BANANA $AUCTION high risk high reward 📈

yesterday i took short . i put SL . every time After hitting My Sl then Market going down . Are you facing the same problem . #BTC #XRP #PI #ETH #BNB