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FxNews.me — Technical Analysis

EURJPY Bull Market Eyes 164.4 Resistance

EUR/JPY is in a bull market, above the 75-SMA. If the pair holds above 162.4, the uptrend will likely resume, targeting the 78.6% Fibonacci resistance level.

 
GBPUSD Close to 1.261 With Bullish Momentum

GBP/USD is testing the 1.261 resistance as the RSI signals a bullish divergence. If the prices exceed 1.261, the current uptick momentum will likely extend to 1.268 resistance, backed by the 75-SMA.

 
GBPJPY Support at 195.9 Could Spark Rally

GBP/JPY's sell-off eased near 195.9 support. If this support holds, the uptrend will likely resume. In this scenario, the next bullish target could be retesting the 198.9 high.

 
Bitcoin Double Bottom Pattern at $92000 Sparks Bullish Rally

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Bitcoin formed a double bottom pattern in the 4-hour chart at $92K. If bulls pull the prices above $96,000, the digital gold could target $100,000.

 
Ethereum To Target $3600 if $3210 Holds Firm

Ethereum bounced from $3,100 in a bear market and is facing the $3,500 resistance. Technical indicators show signs of a mild bullish sentiment. If ETH closes and stabilizes above the $3,500 barrier, the current uptick in momentum could extend to $3,640.

 
Litecoin Could Target $114 Above $95

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LTC/USD began consolidating from $88.0, trading at about $106.0. If the critical support level of $95.0 holds firm, Litecoin will target $114.0, backed by the 75-period SMA.

Article > Litecoin Could Target $114 Above $95
 
Solana Bears Could Break $175

Solana trades at approximately $190 in a strong bearish market, below the 75-period SMA and the $203.0 resistance. Solana's next bearish wave hinges on the $175.0 support.

A break below this level could result in further losses toward the 78.6% Fibonacci retracement level at $161.0.

 
Bitcoin Stayed Below $100K: What's Next?

Bitcoin Stayed Below $100K, trading bearish. A Dip below the immediate support at $94,500 can trigger the downtrend, targeting $92,000.

 
Bitcoin Failed to Surpass 100K: What's Next?

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Bitcoin failed to surpass 100K, dipping below $96,000. If this level holds, BTC/USD is likely to target the December low at $92,000.


 
ETH Stayed Below $3500: Will the Downtrend Continue?

ETH stayed below $3500, below the 75-period SMA. A Dip below the $3,300 can trigger the downtrend, targeting $3,210, followed by $3,100.

 
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