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🇺🇸Pennsylvania proposes allocating 10% of its $7B reserve into Bitcoin.

📈Crypto_whales


📊 USDT has significantly increased its dominance in the stablecoin market compared to 2022 (72% vs. 50%).

Additionally, the pace of minting new tokens matches the levels seen during the 2021 bull market. Since November, $13 billion has been minted, with a $3 billion increase just last week. 🚀


Major with high volatility


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#LINKUSDT The period between May 2022 and October 2023 is the first accumulation after the bear market, then we have the first bullish breakout or relief rally, the end of 2023 and the beginning of 2024. Now we saw a correction and everything stopped, won. Don't make new lows, for the market to be technically bullish it has to make a higher low to continue up, you can see this clearly on the chart.

Now think of $86 and the current price and you have a target of 535%. And this is a conservative price, thinking about what Bitcoin is doing, early in the game, tells us that prices will go much higher by the end of the next bull phase.

For LINKUSDT, we can consider even 130, 178 (1200%) or more, 224.


#ALGOUSDT After breaking the downward trend line, the price broke the bearish scenario of the last few months and the trend has entered its upward rally. Currently, the price has managed to break the resistance of the downward trend above the ceiling of 0.1470.

It is expected that the price will correct a little and correct to the support range of 0.1056 - 0.1244 and then the price will start the upward movement.


For this rally to gather real momentum, #AVAX must clear the minor resistance at $30.00. If the bulls manage to push past this key level, we could see a stronger surge toward the next major resistance .

A break below $18.8 would shift the control back to the bears, likely leading to a deeper correction and dashing hopes for a bullish recovery in the near term.


#UMAUSDT

The $1.500demand zone as the first major target for the move downward. Should the market continue to struggle, there's a possibility of reaching even lower levels, with our final target positioned around a stronger support area.

On the other hand, if the price manages to close above $2.830on the daily chart, the bearish outlook will be invalidated, and the market could resume its bullish trend.


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#RDNTUSDT as it moves within a falling wedge pattern, and now it looks like it's gearing up for a potential breakout above the descending resistance line. The internal resistance at $0.08is the next target on the radar for #RDNT.

If #RDNTUSDT holds steady at this level, we could be on the brink of a significant falling rally, much like we've seen in previous trends. A breakout above the key resistance at $0.095could pave the way for a run towards the next resistance zones, and possibly beyond.


#RLCUSDT has been tracking a symmetrical triangle pattern, signaling a high probability of an upcoming breakout. Right now, the price is gaining momentum at the ascending support, which could set the stage for a bullish push. If this momentum holds, we could see the price breaking above the triangle, potentially setting off a significant upward move. However, it's important to note that we’re not in full breakout mode just yet.


#PEOPLEUSDT is currently resting on a key support level. If the price successfully breaks below this support or the double top neckline, it will confirm a bearish trend, potentially leading to a deeper drop.

if the price manages to close above $0.15000 on the daily chart, the bearish outlook will be invalidated, and the market could resume its bullish trend.


#CFXUSDT is showing strong signs of a bullish continuation as it moves from a key support level toward retesting the minor resistance above. If price action holds momentum here, #CFX consistently respects this resistance zone, and if momentum sustains, an imminent breakout is on the horizon.

However, the bullish scenario isn't confirmed yet. The crucial level to watch is the minor resistance at $0.1730. We need a decisive break above this level, accompanied by strong engulfing candles and sustained momentum. Until that happens, we must stay cautious and avoid rushing into positions. It’s all about patience in these moments.


#ARKMUSDT A bullish flag rally on the weekly time frame

Testing the crossing of the channel resistance ceiling

Looking for a breakout and a rally and Short term target - 2.7524 - 2900
Medium-term target - 4.0062 .


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#GALAUSDT After the completion of the pattern, we see the breaking of the downward trend line, which can be considered to start the upward movement, but if the price is not supported, the range of 0.01692 - 0.01775 can be considered for support.


#MYROUSDT After reaching the support area, the price has a good upward movement and is in a good position to climb, the downward trendline is breaking and after closing the candle above the trendline, it can be ready for growth.

Targets that can be touched in the future: 0.16559 - 0.28023 -0.38926

Support range: 0.05692 - 0.06678

🔴 Resistance Line


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