FxProGlobal

- Trump Coin reversed from the support area - Likely to rise to resistance level 10.75 Trump Coin recently reversed from the support area between the support level 8.440 (lower border of the sideways price range inside which the price has been moving from June) and the lower daily Bollinger Band. The upward reversal from this support area stopped the previous short-term ABC correction ii from last month. Given the strongly bullish sentiment seen across the cryptocurrency markets, Trump Coin can be expected to rise to the next resistance level 10.75 (upper border of the active sideways price range).

- Ethereum broke the resistance level 3925.00 - Likely to rise to resistance level 4108.00 Ethereum cryptocurrency recently broke the resistance level 3925.00 (which stopped the previous impulse wave 1 at the end of July). The breakout of the resistance level 3925.00 continues the active impulse wave 3, which started earlier from the support zone lying at the intersection of the support level 3400.00 and the upper trendline of the daily up channel from April. Given the clear daily uptrend, Ethereum cryptocurrency can be expected to rise to the next resistance level 4108.00 (multi-month high from December) – the breakout of which can lead to further gains toward 4400.00.

- Chainlink reversed from the support area - Likely to rise to resistance level 19.55 Chainlink cryptocurrency recently reversed from the support area between the support level 15.00 (former resistance from June), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse i from June. The upward reversal from this support area stopped the previous short-term ABC correction ii from last month. Given the strongly bullish sentiment seen across the cryptocurrency markets, Chainlink cryptocurrency can be expected to rise to the next resistance level 19.55.

- Solana reversed from support area - Likely to rise to resistance level 180.00 Solana cryptocurrency recently reversed from the support area between the pivotal support level of 160.00, lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse 1 from June. The upward reversal from this support area stopped the previous short-term ABC correction 2 from July. Given the clear daily uptrend, Solana cryptocurrency can be expected to rise to the next resistance level 180.00.

- Uniswap reversed from the support zone - Likely to rise to resistance level 11.00 Uniswap cryptocurrency recently reversed up from the support zone between the support level of 8.730 (former resistance from June) and the lower daily Bollinger Band. This support zone was further strengthened by the 50% Fibonacci correction of the upward impulse C from June and the upper trendline of the daily up channel from April. Uniswap cryptocurrency can be expected to rise to the next resistance level 11.00, which reversed the previous waves (2) and 2.

- Ethereum reversed from the key support level 3400.00 - Likely to rise to resistance level 3800.00 The Ethereum cryptocurrency recently reversed from the support zone between the key support level of 3400.00 (formerly a resistance level from January) and the upper trendline of the recently broken up channel from May. This support zone was further strengthened by the 38.2% Fibonacci correction of the previous sharp upward impulse from July. Given the clear daily uptrend, Ethereum cryptocurrency can be expected to rise to the next resistance level 3800.00.

- Gold reversed from the support zone - Likely to rise to the resistance level at 3450.00 Gold today reversed from the support zone between the support level 3272.00 (which has been reversing the price from the end of May), lower daily Bollinger Band and the 50% Fibonacci correction of the upward wave B from May. The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern, Morning Star. Given the clear daily uptrend and the oversold daily Stochastic, Gold can be expected to rise to the next resistance level at 3450.00 (top of waves B and ii).

- Bitcoin broke the pivotal support level 115000.00 - Likely to fall to support level 110000.00 Bitcoin cryptocurrency recently broke below the pivotal support level 115000.00, coinciding with the 50% Fibonacci correction of the sharp upward impulse from the start of July. The breakout of the support level 115000.00 strengthened the bearish pressure on Bitcoin. Given the bearish sentiment seen across the cryptocurrency markets today, Bitcoin can be expected to fall to the next support level at 110000.00 (former resistance from May and June).

- Gold falling inside wave b - Likely fall to support level 3250.00 Gold is under bearish pressure after the price broke the two upward-sloping support trendlines from May and February. The breakout of these support trendlines accelerated the active short-term correction b – which belongs to the impulse wave 3 from June. Gold can be expected to fall further to the next round support level 3250.00 (former low of waves 2 and (b) from May and June).

- Trump falling inside the sideways price range - Likely fall to support level 8.4380 Trump cryptocurrency continues to fall inside the sideways price range, which has contained price action from the start of June. The earlier downward reversal from the upper boundary of this price range 11.00 formed the daily Japanese candlesticks reversal pattern Shooting Star, which started the active impulse wave 3. Given the clear daily downtrend, Trump cryptocurrency can be expected to fall to the next round support level 8.4380 (lower border of the active price range).