Crypto analysis for BTC, ETH, EGLD, AAVE and PEPE
Crypto Market in the last 24h
π Global crypto market cap: 2.97T USD (β 0.76%)
π Total 24h volume: 123.61B USD (β 128.60%)
π DeFi volume: 14.32B USD, 11.59% of total (β)
π΅ Stablecoins volume: 120.62B USD, 97.58% of total (β)
βΏ Bitcoin dominance: 59.16% (β 0.05%)
Bitcoin (BTC) analysis
Higher timeframe (HTF)
BTCUSD remains bearish on the higher timeframe. Price is trading below the rising wedge structure and is holding just above the major support zone at 84,300β85,000 USD (approx 77,556β78,200 EUR). As long as price stays below this structure, downside pressure remains intact.
Medium timeframe (MTF)
A clear rejection from the 90,000β94,000 USD resistance zone (approx 82,800β86,480 EUR) confirms seller dominance. Consolidation near current levels signals weakness and lack of bullish momentum.
Lower timeframe (LTF)
Selling pressure continues on every pullback, indicating bears remain in control in the short term.
Key scenarios
- A confirmed breakdown below 84,364 USD (approx 77,574 EUR) can open downside targets at 78,800 USD (approx 72,496 EUR), followed by 72,600 USD (approx 66,792 EUR).
- Bulls need to reclaim and hold 90,000 USD+ (approx 82,800 EUR+) to invalidate the bearish structure.
Ethereum (ETH) analysis
Higher timeframe (HTF)
ETHUSD is bearish across all timeframes. Price has confirmed a bearish break of structure and is trading below the key supply zone at 2,900β2,930 USD (approx 2,668β2,696 EUR), where previous support has clearly flipped into resistance. As long as ETH remains below this zone, the broader bias stays negative.
Medium timeframe (MTF)
The retracement into the 0.5β0.618 Fibonacci resistance area around 2,900β2,940 USD (approx 2,668β2,705 EUR) is acting as a strong sell zone. Price continues to struggle to regain bullish momentum, showing sellers are still in control.
Lower timeframe (LTF)
A short-term bounce is visible, but price needs to form a clear bearish pattern below 2,900 USD (approx 2,668 EUR) to confirm continuation. Failure to reclaim this level increases the probability of further downside.
Key scenarios
- Rejection from the 2,880β2,900 USD resistance zone (approx 2,650β2,668 EUR) can push ETH toward 2,846 USD (approx 2,618 EUR), followed by 2,783 USD (approx 2,560 EUR).
- Only strong acceptance above 2,940 USD (approx 2,705 EUR) would weaken the bearish outlook.
MultiversX (EGLD) analysis
Higher timeframe (HTF)
EGLDUSD remains in a corrective phase, with the trend staying bearish below the 5.90β6 USD resistance zone (approx 5.43β5.52 EUR).
Medium timeframe (MTF)
Price bounced from the descending channel, accompanied by clear bullish divergence, signaling weakening selling pressure.
Lower timeframe (LTF)
The 5.55β5.60 USD zone (approx 5.11β5.15 EUR) is key support.
- Holding above this level can push price toward 5.90 USD (approx 5.43 EUR), then 6.23 USD (approx 5.73 EUR) and 6.52 USD (approx 6 EUR).
- Rejection from resistance may send price back toward 5.60 USD (approx 5.15 EUR) or 5.45 USD (approx 5.01 EUR).
Aave (AAVE) analysis
AAVEUSD shows early signs of a potential reversal. The broader structure remains bearish below the 185β188 USD resistance zone (approx 170β173 EUR), but momentum is weakening.
A clear W pattern combined with bullish divergence suggests buyers are stepping in. Holding the 148β152 USD support zone (approx 136β140 EUR) is critical for a sustained recovery.
Key scenarios
- A breakout and close above 185 USD (approx 170 EUR) could open upside targets toward 226 USD (approx 208 EUR) and 280 USD (approx 258 EUR).
- Rejection from resistance may lead to another consolidation phase.
Pepe (PEPE) analysis
PEPEUSD is trading inside a broader descending channel, with price recently forming a potential liquidity trap near the lower boundary. The 0.0000053 USD level (approx 0.0000049 EUR) now acts as a key resistance zone.
Bullish divergence suggests selling pressure is weakening, increasing the probability of a rebound.
Key scenarios
- A confirmed breakout above resistance could drive price toward 0.0000061 USD (approx 0.0000056 EUR) and 0.0000068 USD (approx 0.0000063 EUR).
- Failure to reclaim this zone may result in continued range-bound movement.
ESTIMATION (96H)
- BTCUSD: 1%β2% DOWN, HTF resistance available above
- ETHUSD: 1%β3% DOWN, liquidity available below
- XRPUSD: 2%β4% DOWN, at resistance
- ALGOUSD: 2%β4% UP, at support
- KSMUSD: 2%β4% UP, at support
All Β cryptocurrencies are available for trading on Β TradesilvaniaΒ , and their prices can be seen on the Tradesilvania price page, accessible through the following link:Β https://tradesilvania.com/en/prices
With the help of our platform, you can deposit, withdraw, buy or sell any of these cryptocurrencies using the free digital wallet. SEPA Top-up (On-Ramp & Off-Ramp) Euro and RON instant transfers and over 150 cryptocurrencies, are all available in ourΒ app.
Limitation of Liability
This report issued by Tradesilvania is purely informative and is not intended to be used as a tool for making investment decisions in crypto-assets. Any person who chooses to use this report in the process of making investment decisions assumes all related risks.Β Tradesilvania SRL has no legal or other obligation towards the person in question that would derive from the publication of this report publicly.
The content provided on the Tradesilvania website is for informational purposes only and should not be considered as investment advice, financial advice, trading advice, or any other form of advice. We do not endorse or recommend the buying, selling, or holding of any cryptocurrency. It is important that you conduct your own research and consult with a financial advisor before making any investment decisions. We cannot be held responsible for any investment choices made based on the information presented on our website.
The information in this report was obtained from public sources and is considered relevant and reliable within the limits of publicly available data. However, the value of the digital assets referred to in this report fluctuates over time, and past performance does not indicate future growth.