Crypto analysis for BTC, ETH, EGLD, DOGE and ADA

Crypto Market in the last 24h

🌍 Total crypto market cap: 3.09T USD (-0.45% ↓)
🔄 Total market volume 24h: 89.28B USD (+93.21% ↑)
🧩 DeFi volume 24h: 10.83B USD | 12.14% of total (+ ↑)
🪙 Stablecoins volume 24h: 86.94B USD | 97.39% of total (+ ↑)
🟠 Bitcoin dominance: 58.54% (+0.11% ↑)

Bitcoin (BTC) analysis

BTCUSD is trading within a broader bearish structure. Price has formed a bear flag, followed by a rising wedge, a combination that typically signals bearish continuation. At the moment, BTCUSD is holding above the key support zone around 83,876.00 USD (≈ 77,170.00 EUR), but this level remains fragile.

A daily candle close below this support would confirm bearish continuation and increase selling pressure. In this scenario, BTCUSD could move toward 76,192.00 USD (≈ 70,100.00 EUR) as the first downside target, followed by the major support near 69,711.00 USD (≈ 64,130.00 EUR). As long as price remains below the wedge resistance, downside risk stays dominant.

Ethereum (ETH) analysis

ETHUSD has broken out of the descending channel, accompanied by the formation of a W pattern, signaling a potential bullish reversal. Price is currently facing a strong resistance zone near 3,450.00 USD (≈ 3,175.00 EUR), which also represents the neckline of the W pattern.

A daily candle close above this resistance would confirm a bullish structure shift and a confirmed breakout from the channel. Upon confirmation, ETHUSD could target 4,017.00 USD (≈ 3,695.00 EUR) as the first upside level, followed by the major resistance near 4,899.00 USD (≈ 4,510.00 EUR). Until the breakout occurs, price may remain range-bound.

MultiversX (EGLD) analysis

EGLDUSD has formed a clear M pattern, indicating a potential bearish reversal following a liquidity trap near the highs. Price is currently approaching the key support zone at 5.87 USD (≈ 5.40 EUR).

A confirmed breakdown and candle close below this level would validate the bearish structure and open downside continuation. In that case, EGLDUSD could first target 5.41 USD (≈ 4.98 EUR), followed by the next major downside level near 5.02 USD (≈ 4.62 EUR). Until support breaks, a short consolidation or minor pullback may occur.

Dogecoin (DOGE) analysis

DOGEUSD is trading inside a descending channel, while bullish divergence on the oscillator signals weakening bearish momentum and increases the probability of an upside move. Price is currently approaching the key resistance zone around 0.1444 USD (≈ 0.133 EUR).

A confirmed breakout and candle close above this resistance would indicate a bullish structure shift. If validated, DOGEUSD could rally toward 0.1511 USD (≈ 0.139 EUR) as the first target, followed by 0.1583 USD (≈ 0.146 EUR). Until the breakout occurs, price may remain volatile within the channel.

Cardano (ADA) analysis

ADAUSD has formed a classic head and shoulders pattern. Price is holding above the key support zone around 0.382 USD (≈ 0.351 EUR), which acts as the neckline support.

A confirmed breakdown and candle close below 0.382 USD (≈ 0.351 EUR) would validate the bearish structure and open downside targets at 0.356 USD (≈ 0.328 EUR), followed by 0.334 USD (≈ 0.307 EUR). Until the breakdown occurs, price may continue to consolidate within this range.

Estimation (96H)

• BTCUSD: 1% – 2% UP – Small bounce expected
• ETHUSD: 1% – 3% UP – W Pattern
• DOGEUSD: 2% – 4% UP – Descending Channel
• SOLUSD: 2% – 4% UP – Inverse head and shoulders
• SUIUSD: 2% – 4% UP – Bull Flag

All  cryptocurrencies are available for trading on  Tradesilvania , and their prices can be seen on the Tradesilvania price page, accessible through the following link: 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 our 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. 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.