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Market summaries, featured spot and futures pairs with notable technical analyses.
Expert cryptocurrency analysis from our analysts
LTC testing critical support at 54.52 dollars; while downtrend continues, a breakdown below 53.19 carries the risk of a deep drop. Although MACD bullish signal gives hope for short-term rebound, BTC correlation is increasing the pressure.
AVAX volume is staying below the average during the decline, indicating weak selling pressure. This, together with accumulation signals, forms a neutral-bullish market sentiment.
ZEC is in a strong bear trend at the 218.34$ level; supports at 212$ and 184$ are critical, RSI is giving an oversold signal. BTC downtrend correlation is increasing risk, short-term bounce has limited probability.
SUI is maintaining its downtrend structure with a weekly %4,23 loss, testing critical support at $0,89. Even though MACD gives a positive signal, BTC's bearish context increases risk in favor of shorts; watch for breakout at $0,9290.
XLM volume remains low at 57M, weakening the decline and giving accumulation signals. Market participation is limited, BTC downtrend carries risk.
LINK at $8.68 is close to the critical $8.5950 support, $8.0487 main buyer zone. Resistances strong at $8.8260 and $9.2810, BTC downtrend is pressuring altcoins.
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