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Expert cryptocurrency analysis from our analysts
MORPHO is near the critical support at 1.14$ - 1.1010$; this is an MTF confluence buyer zone. Resistances in the 1.1580$-1.2363$ range are creating selling pressure, BTC downtrend is exerting a bearish effect.
NEXO testing critical support at 0.82 dollars; although MACD bullish signal offers hope, downtrend remains dominant. Bitcoin's decline is pressuring altcoins; monitor 0.8224 support and 0.8357 resistance.
VET is stuck at $0.01 resistance in a downtrend; BTC pressure continues as RSI approaches oversold. Bearish bias prevails, watch for break below $0.0066 support.
QNT made a 4% bounce within the downtrend but is limited below EMA20. Critical support at 66.64$, resistance at 71-74$; BTC downtrend risk is high.
ALGO's RSI at 36.73 is approaching oversold, but the MACD negative histogram is strengthening the downward momentum. While the bearish trend continues below EMA20, the 0.0928 support is critical; BTC weakness is pressuring altcoins.
ARB is in a strong downtrend and RSI is oversold; critical supports are being tested. Bitcoin's bearishness creates additional risk, short bias prevails but bounce potential is limited.
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