Crypto analysis for BTC, ETH, EGLD, LINK and LTC

Crypto market in the last 24 hours:

🌐 Global Market Cap: $3.31T (+0.09%)
📊 24h Total Volume: $90.54B (+2.22%)
💰 DeFi Volume: $32.17B (35.52% of total volume)
🔒 Stablecoins Volume: $85.58B (94.52% of total volume)
💵 Bitcoin Dominance: 64.6% (+1.11%)

Bitcoin (BTC) Analysis

BTC is showing bearish signs after trapping late buyers and forming an M pattern, accompanied by bearish divergence – both of which increase the probability of a downward move. However, confirmation is needed through a breakdown and candle close below the support zone at 107,177 USD. If this level is breached, the decline could continue toward the next targets at 106,346 USD and 105,481 USD.

Ethereum (ETH) Analysis

ETH is showing bullish potential after breaking out above a resistive trendline and forming an inverse Head and Shoulders pattern, supported by bullish divergence. These signals increase the likelihood of an upward move. Still, confirmation is required through a breakout and candle close above the resistance zone at 2,583 USD. If this occurs, the next potential targets are 2,726 USD and 2,881 USD.

MultiversX (EGLD) Analysis

EGLD has trapped late buyers and formed an ascending channel with bearish divergence – a combination that raises the odds of a bearish move. Confirmation is necessary through a breakdown and candle close below the support zone at 13.33 USD. If this level is broken, further downside is likely toward 13.10 USD and 12.84 USD.

Chainlink (LINK) Analysis

LINK has also trapped late buyers and formed an M pattern along with bearish divergence – both pointing to increased bearish potential. Confirmation will come from a breakdown and candle close below the support level at 12.74 USD. If confirmed, the move could continue down to 12.17 USD and 11.60 USD.

Litecoin (LTC) Analysis

LTC has formed a descending channel accompanied by bullish divergence, and within this structure, an inverse Head and Shoulders pattern has also developed. Together, these signals raise the probability of a bullish move. However, confirmation is needed through a breakout and candle close above the resistance at 89.05 USD. If this happens, the bullish continuation may extend toward 93.90 USD and 99.11 USD.

📈 Our Short-Term Estimates (96H)

Disclaimer: These are our personal opinions, not financial advice. We invest our own money — and sometimes we lose. DYOR!

BTC - 1% to 3% - DOWN - Liq available below
ETH - 2% to 4% - DOWN - Liq available below
GALA - 2% to 4% - UP -Liq available above
DOGE - 2% to 6% - UP -Inverse Head & shoulders
APE - 2% to 4% - UP - W pattern at support zone

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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.