AndeWave

The correction relative to the global trend ends at 3430. The local trend changes upon breaking support at 3050. Ethereum has successfully consolidated below the ascending support line and is moving lower. All eyes are now on 2903. A close below this level could lead to a drop to 2720. Judging by volume, buyers are still hesitant about the market. Selling is increasing. The reaction at 2900 is weakening, and the price is compressing below the level, which could signal a possible decline after breaking support. Scenario: The price could pull back slightly to 3000 - 3020 before falling. Or it could break support immediately. In this case, if 2900 fails to hold, Ethereum could continue to decline.

Volumes are growing on the market due to sellers (bears). The market does not react to strong levels, but when selling and retesting support, volumes increase, which indicates the dominance of sellers. In a downtrend, the coin is entering a consolidation phase of 270-320. Support is breaking at the moment, and bears are keeping the price outside the local consolidation. But there is important support ahead at 260.3. If the market breaks it, the decline will continue to form a downtrend. Scenario: a retest of 269 may end with a rebound and a fall, as may a breakdown of 260.3. Breaking out of the 260.3 support level may activate a distribution phase.

DOGECOIN is in a range formed against the backdrop of a downtrend. The market is under pressure from above at 0.155 - 0.153 - 0.150. The structure is bearish. The rebound from 0.134 is directed towards 0.1415. A false breakout could trigger a decline. There is no volume from the bulls, and the market is weak. After each correction, the market updates its lows. The zone of interest is 0.1415 - an order block and a retest of resistance could stop the correction. Scenario: false breakout of 0.1400 - 0.1415 and further decline to 0.1332

The XRP structure is weak. Bears did not allow the price to reach even local highs while bulls were active. The market structure on H1-H4 remains bearish. The market is testing support at 1.9825 for a breakout. Key support zone is 1.9825. At the moment, XRP is testing support at high volatility, and there is a possibility of a correction to 2.02-2.04, from which the decline may resume. Scenario: I expect a small pullback from support, a quick return, and a breakout with a further decline.

The momentum is linked to news manipulation. Resistance at D1 3370 successfully halted the movement. A repeat retest failed to change the situation, with bears holding this line. In addition, the coin is making a false breakout of the upward resistance line, which is likely to provoke a correction to the zones of interest 3090 - 3000. Scenario: keeping the price below 3350 may form a reversal setup and provoke a correction down.

News pump that does not change the fundamental background for the cryptocurrency market Traders may quickly exhaust the potential, leading to a decline or correction Volume triggered a strong impulse, but resistance stopped the current movement. Most likely, the struggle may continue for some time, but the bears have a good chance of holding back the movement Scenario: false breakout of resistance at 93800 and subsequent decline

Under pressure from sellers, ZEN is storming the 9,072 support level. Global and local trends are downward. Manipulative withdrawal of liquidity at the expense of buyers who joined the game allowed large players to gather positions to continue the decline. Against the backdrop of a downward trend, consolidation is forming near 9.072. Volumes are growing amid reduced volatility. A close below 9.072 could cause a drop to 8.0

Bitcoin is testing 89,000 A liquidity pool above 89,000 could halt local growth. The main trend is downward. Bitcoin is undergoing a correction over several days after a sharp decline. This is a standard tactic for accumulating liquidity (to deceive the market and show that the price has started to rise before falling). A false breakout could reverse the local movement from upward to downward and send the price to 86K-83.5KCancellation. The price broke through the level without stopping. There was no entry point.

Gold is consolidating. The price is breaking through the local support of the “ascending wedge” pattern. This could cause the price to fall to the support level. Focus on the trading range boundaries of 3060 - 4020 - 4001. MM may provoke liquidation and a retest of support against the backdrop of a bullish trend, which will open up new potential for growth provided that Powell maintains his relatively dovish stance on interest rate policy.

Gold is rebounding from trend resistance ahead of the new week. The market was not ready to buy at high prices ahead of a possible Fed interest rate cut. Under pressure from sellers, the price of gold is falling to retest trend support. The price attraction zone is support at 3657-3646. Below this area, there is an accumulation of trader positions that may be liquidated before the price begins to rise. As for the Fed, rates are likely to be cut, but it will be necessary to monitor what Powell says about future policy. If he supports 2-3 interest rate cuts, gold may continue its global growth...