Crypto analysis for BTC, ETH, EGLD, APE and FIL

Crypto analysis for BTC, ETH, EGLD, APE and FIL

Crypto Market in the last 24h

šŸŒ Global crypto market cap: 3.06T USD (āˆ’0.56% ↓)
šŸ”„ Total 24h volume: 93.52B USD (āˆ’8.24% ↓)
🧩 DeFi 24h volume: 11.27B USD | 12.05% of total (āˆ’8.24% ↓)
šŸŖ™ Stablecoins 24h volume: 82.15B USD | 87.84% of total (āˆ’8.24% ↓)
₿ Bitcoin dominance: 58.58% (āˆ’0.04% ↓)

Bitcoin (BTC) analysis

BTCUSD has entered an ascending channel after a strong bearish move, a structure that also resembles a bear flag, increasing the probability of further downside continuation. However, confirmation is still required.

A clear breakdown and candle close below the 87,718 USD (approx. 74,560 EUR) support zone would validate the bearish scenario, opening the path toward 84,319 USD (approx. 71,670 EUR) and further down to 81,004 USD (approx. 68,850 EUR).

Ethereum (ETH) analysis

ETHUSD has formed an ascending channel combined with a head and shoulders pattern, a setup that tilts the bias toward a potential bearish move. Confirmation remains key.

A breakdown and candle close below the 3,022 USD (approx. 2,570 EUR) support level would confirm the bearish scenario, with downside targets at 2,882 USD (approx. 2,450 EUR) and 2,732 USD (approx. 2,320 EUR).

MultiversX (EGLD) analysis

EGLDUSD is forming a falling wedge, a classic pattern that increases the probability of a bullish move. The setup becomes valid only after confirmation.

A breakout with a candle close above the 7.64 USD (approx. 6.49 EUR) resistance zone would confirm the bullish scenario and could lead toward 8.03 USD (approx. 6.83 EUR) and 8.46 USD (approx. 7.19 EUR).

ApeCoin (APE) analysis

APEUSD is showing a combination of a falling wedge and a W pattern, supported by bullish divergence, which together increase the probability of a bullish reversal. Confirmation is still required.

A breakout and candle close above the 0.239 USD (approx. 0.20 EUR) resistance level would validate the bullish scenario, with targets at 0.261 USD (approx. 0.22 EUR) and 0.286 USD (approx. 0.24 EUR).

Filecoin (FIL) analysis

FILUSD is trading inside a descending channel, while showing bullish divergence, suggesting weakening selling pressure. Confirmation remains necessary.

A breakout and candle close above the 1.37 USD (approx. 1.16 EUR) resistance zone would validate a bullish move, with potential targets at 1.44 USD (approx. 1.22 EUR) and 1.52 USD (approx. 1.29 EUR).

Estimation (96H)

BTCUSD: 1% – 2% DOWN, at resistance
ETHUSD: 1% – 3% DOWN, Head and Shoulders
SOLUSD: 2% – 4% DOWN, at resistance
ADAUSD: 2% – 4% DOWN, at resistance
LTCUSD: 2% – 4% DOWN, at resistance

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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. 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.