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Browse all crypto analysis articles and reports. Market analysis, technical analysis, and expert insights.
LTC Commentary and Price Analysis - January 20, 2026
LTC/USDT Technical Analysis Falling Wedge Formation LTC started 2026 with strong activity. While interest from large investors has increased, a rise in trading volumes is also being observed. Binance adding LTC to new margin pairs has enabled it to be traded more actively in the market. In addition, the development team is working on a new testnet to make the network compatible with smart contracts. These developments show that LTC is not just an old coin, but still carries growth potential.On the LTC side, the descending wedge structure continues clearly. The price has been compressed for a long time between a descending upper trend and a lower trend with a more limited slope. This structure generally indicates that downside momentum is weakening and that the ground is being prepared for a possible change in direction.The current price is trading very close to the lower band of the wedge. Since this area has produced reactions before, it is technically a critical zone in the short term. If the lower band is preserved, a recovery potential toward the upper trend of the wedge emerges in the first stage. In this scenario, the 75–80 band stands out as the first resistance area to be monitored.However, if the lower trend is clearly lost, selling pressure may continue for a while longer and the 63–60 region comes into play. For this reason, the current structure is approaching a decision stage in terms of direction.In summary, the descending wedge in LTC is still valid. As long as the price stays above the lower band, the possibility of an upward resolution remains on the table. For a clear move, closes outside the formation will be decisive.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create short- and medium-term trading opportunities depending on market conditions. However, the responsibility for trading and risk management belongs entirely to the user. In addition, it is strongly recommended to use stop loss for the positions shared.
LINK Comment and Price Analysis - January 16, 2026
LINK Technical OutlookChainlink started 2026 with news that renewed investor interest. Bitwise listing a spot ETF for LINK on NYSE Arca has made it easier and safer for investors to access this token. This listing may increase both institutional and retail demand for LINK. In addition, whales continuing to accumulate LINK shows that long-term investors still trust the project. Narrowing Triangle Formation The contracting triangle structure in LINK remains clear. The price is tightly squeezed between a descending upper trend and a rising lower trend, and it appears that the formation is approaching its final stage. Since the current price remains just below the upper trend, the upside scenario has not yet been confirmed.Within this structure, if the upper trend is broken, the 14.30–14.60 band stands out as the first strong target and also the main resistance zone. Surpassing this area could pave the way for the formation to complete to the upside and allow for more comfortable price action.If the lower trend is lost, the 12.50 – 12.00 region comes back into focus in the short term, and the consolidation resolves to the downside.In summary, the direction for LINK is not yet clear. A clear breakout outside the triangle will determine the next major move of the price. Moves made before this region is surpassed should be read as natural oscillations of the consolidation.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create short- and medium-term trading opportunities depending on market conditions. However, the responsibility for trading and risk management belongs entirely to the user. In addition, it is strongly recommended to use stop loss for the positions shared.
ADA Commentary and Price Analysis - January 14, 2026
ADA/USDT Technical AnalysisADA started 2026 with a more positive sentiment. After the challenging period of 2025, Cardano is showing signs of recovery in the first days of the year. The development team is working on new updates that increase speed and security on the network. In particular, the “Protocol V11” upgrade aims to make the system operate more efficiently.In addition, there is an increase in on-chain activity. This shows that the network is starting to gain momentum not only for investment purposes but also in terms of usage. ADA has also started to look technically stronger. For this reason, it is once again drawing attention in the market. Falling Wedge Formation On the ADA side, the overall structure still remains within a descending wedge formation. In the latest upward attempt, it is seen that the price touched the upper trend of the wedge and was rejected from there. Since this region is the natural selling area of the structure, the rejection is not technically surprising.After this rejection from the upper trend, the price has slipped back toward the mid-band of the wedge. The main point to focus on here is not whether the decline accelerates, but how the price interacts with the lower trend. As long as the lower band of the wedge is preserved, this structure is not considered technically broken.In the upside scenario, the upper trend of the wedge needs to be clearly and decisively broken with volume. Any rise that comes without this will remain only a reaction move in the current picture. Closes above the upper trend, however, activate the descending wedge formation and pave the way for the price to enter a broader recovery phase.On the downside, the lower trend region stands as the main reference point. Losing this region would invalidate the descending wedge structure and could lead to a deepening of selling pressure.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create short- and medium-term trading opportunities depending on market conditions. However, the responsibility for trading and risk management belongs entirely to the user. In addition, it is strongly recommended to use stop loss for the positions shared.
SUI Commentary and Price Analysis - January 12, 2026
SUI Technical OutlookSUI started 2026 with a strong breakout. The development team is working on a new update that will support privacy-focused transactions. This innovation could make Sui more attractive, especially for large institutional users. In addition, the SUI price has outperformed Bitcoin and Ethereum in recent weeks. Its fast and low-cost transaction infrastructure also increases interest in the project. Fibonacci 618 Zone On the SUI side, it is seen that the move following the decline is standing at a technically meaningful level. The price managed to stay above the Fibonacci 0.618 level and produced a clear reaction from this area. This indicates that the latest downward wave has been digested for now.The 0.618 region (approximately the 1.28–1.30 band) stands as the main bottom reference within this structure. Preserving this area was important for the reaction to turn into a broader recovery attempt rather than just a short-term bounce, and for now this condition has been met.On the upside, the first notable area is around 1.70, which corresponds to the 0.5 Fibonacci level. The price is currently stabilizing just above this zone. If sustainability above this level is achieved, in the next phase of the move the 0.382 region, the 2.20–2.25 band, comes into play. This area is also where strong reactions and distribution occurred in the past.In the downside scenario, a renewed drop below 0.618 would weaken this reaction and could push the price back toward the 1.30 band. For this reason, the current structure is entirely dependent on whether this level is preserved or not.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create short- and medium-term trading opportunities depending on market conditions. However, the responsibility for trading and risk management belongs entirely to the user. In addition, it is strongly recommended to use stop loss for the positions shared.
SOL Commentary and Price Analysis - January 5, 2026
SOL Technical AnalysisSolana made a strong start to 2026. In the first week of the new year, on-chain data shows that whale wallets continue to accumulate SOL. This indicates that long-term confidence in the market is being maintained. At the same time, the value of tokenized real-world assets (RWA) on the Solana network reached a record high. This development shows that Solana stands out not only with fast and low-cost transactions but also with institutional financial solutions. Along with the expansion of the ecosystem, network usage and liquidity are also trending upward. These strong fundamental data support the structure behind the technical movements in the SOL price. Falling Trend Theme On the SOL side, the long-standing descending trend line is now being clearly tested. The price is trading very close to the upper band of this structure, and the 141 region stands out as a decisive resistance in the short term.Closings at this level are critical. If the descending trend is broken to the upside, the structure will be invalidated and the 166 region emerges as the first short-term target. This area overlaps with both previous horizontal resistances and the region where intermediate reactions were concentrated.If the 141 region cannot be surpassed, the current move remains a touch under the trend, and the price may re-enter a sideways–weak consolidation process. In this scenario, it is difficult to talk about an aggressive trend change without breakout confirmation.In the medium-term picture, if the descending trend is completely left behind and sustainability above 166 is achieved, the region above 200 dollars technically comes back onto the agenda. The main condition for these levels is a clear upward break of the current descending trend structure.In summary, SOL has reached a decision stage. The 141 level is critical for short-term direction; if a breakout occurs, the range of movement may expand rapidly.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create short- and medium-term trading opportunities depending on market conditions. However, the responsibility for trading and risk management belongs entirely to the user. In addition, it is strongly recommended to use stop loss for the positions shared.
AVAX Commentary and Price Analysis - January 4, 2026
AVAX Technical OutlookAvalanche made a strong start to 2026. In the first days of the year, the AVAX price rose by approximately 11%, while trading volume also increased significantly. Behind this rise are preparations for spot ETF products for Avalanche and signals of institutional interest. Major investment institutions such as Grayscale and VanEck updated their Avalanche ETF applications to include staking rewards, which increased investor demand for AVAX. Falling Wedge Fracture On the AVAX side, the long-followed descending channel structure has clearly been broken to the upside. The price surpassed the upper band of the channel with a high-volume candle, leaving this structure behind and now appears to have entered a post-breakout pricing phase.After the breakout, it is technically important that the former upper band of the channel acts as support from below during pullbacks. The preservation of this region supports the view that the move is not a “fake break” but a structural trend change. The current price behavior is also progressing in line with this scenario.On the upside, the 15.5 region stands out as the first meaningful target. This level is a natural technical target, as it was previously a strong horizontal resistance area and also overlaps with Fibonacci levels. The price is advancing toward this region gradually and in a controlled manner.If the 15.5 region is surpassed, upward momentum may be carried into a higher band; however, it is also normal to see short-term profit-taking as this level is approached. On the other hand, as long as the price does not slip back below the 14 band, the overall outlook remains positive.In summary, AVAX has completed a descending channel breakout and is in a structure that is trying to confirm this breakout through price behavior. In the current technical outlook, the main focus will be the 15.5 level and the price reaction in this region.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create short- and medium-term trading opportunities depending on market conditions. However, the responsibility for trading and risk management belongs entirely to the user. In addition, it is strongly recommended to use stop loss for the positions shared.
XRP Commentary and Price Analysis - January 2, 2026
XRP Technical AnalysisXRP started 2026 with strong institutional interest. Spot XRP ETFs have recorded inflows exceeding 1 billion dollars since November, and these funds have pulled the XRP supply on exchanges down to its lowest level in the last 8 years, indicating increased token accumulation in the market.In addition, Ripple’s planned release of 1 billion XRP from escrow on January 1 sparked on-chain discussions, but a significant portion of the unlocked tokens is still held in Ripple-associated wallets. Falling Wedge Fracture Looking at the chart side, we see that the descending wedge formation is at the verge of a breakout. The price has progressed by compressing between the lower and upper trends of the formation and, with the latest move, has gained momentum toward the upper band. Candle structures and the price narrowing within the wedge indicate that a breakout is very close.The lower trend line has been preserved so far and has managed to carry the price upward on every pullback. This suggests that the formation is working in a healthy manner and that selling pressure is gradually weakening. Especially the recovery seen after the recent lows points to momentum slowly shifting to the upside.The upper trend region is currently a critical threshold. A clear breakout above this line would activate the descending wedge target. Technically, the natural target of this breakout stands out as the 2.7$ region. This level overlaps with both the formation target and areas where the price previously saw heavy trading activity.In summary, XRP is in the final stage of the descending wedge formation. As long as the current structure is not broken and the lower trend is not lost, the main expectation remains an upside breakout and a move toward the 2.7$ region. The quality of the breakout will become clear with closing prices.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create short- and medium-term trading opportunities depending on market conditions. However, the responsibility for trading and risk management belongs entirely to the user. In addition, it is strongly recommended to use stop loss for the positions shared.
ETH Commentary and Price Analysis - January 1, 2026
ETH Technical Analysis Symmetrical Triangle Formation On the ETH side, the price is squeezed within a clear symmetrical triangle structure between a descending trend coming from above and a rising trend coming from below. The size of the triangle has narrowed significantly and the price appears to be approaching the end of the formation, which increases the likelihood of an imminent breakout. The decrease in volatility and the shortening of candle sizes also confirm this compression.Within the current structure, the lower trend has worked so far and has continued to support the price from below. The preservation of this trend shows that the structure is still valid and that the upside scenario remains on the table. As long as the lower trend is not lost, pullbacks for now appear as movements within the formation.On the upside, the 3,220 region stands out horizontally as a critical threshold due to both being an area previously tested by price and intersecting with the upper trend of the triangle. A move toward this region emerges as the natural target of the formation. However, it is also clear that this same area is a strong decision zone, and it would not be surprising to see sharp reactions before a breakout occurs.In summary, ETH is moving within a symmetrical triangle that has reached a decision moment. As long as the lower trend is preserved, the main short-term expectation is upward acceleration and a test of the 3,220 region. The reaction given at this level will be decisive for the next direction.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create short- and medium-term trading opportunities depending on market conditions. However, the responsibility for trading and risk management belongs entirely to the user. In addition, it is strongly recommended to use stop loss for the positions shared.
BTC Commentary and Price Analysis - January 1, 2026
BTC Technical Analysis Rising Triangle Formation On the BTC side, the annual close coming with a touch of the ascending main trend shows that the structure is still strong. After this close, the price has been squeezed into an “ascending triangle” between the descending trend coming from above and the rising trend coming from below. The range of movement is gradually narrowing and volatility is decreasing, which clearly indicates that a decision zone is approaching.Within the current structure, the lower trend of the triangle continues to be preserved. This trend has limited downside attempts so far and stands as a critical threshold for the structure not to break. As long as the price stays above this region, the possibility of an upward breakout from the consolidation remains on the table.On the upside, the 93,000 region corresponds to the upper trend of the triangle and stands out as the main threshold that needs to be exceeded in the short term. Sustained price action above this area would indicate that the consolidation has ended and that the price can transition into a wider range. In this scenario, the main target zone highlighted on the chart becomes the 97,000 band.In summary, BTC is still within the main ascending structure and is searching for direction inside a narrowing triangle in the short term. As long as the lower trend is preserved, the structure remains valid and the upside potential stays open. The decision zone is clearly forming between the 93,000 – 97,000 band. A break above 93,000 would indicate that Bitcoin has moved into a higher range.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create short- and medium-term trading opportunities depending on market conditions. However, the responsibility for trading and risk management belongs entirely to the user. In addition, it is strongly recommended to use stop loss for the positions shared.
WLFI Commentary and Price Analysis - December 30, 2025
WLFI/USDT Technical AnalysisThe circulating supply of the project’s stablecoin USD1 has exceeded 3 billion dollars. This shows that investor interest is increasing. On the other hand, a partnership was announced with MMA Inc, which operates in the combat sports sector. With this collaboration, WLFI is advancing its goal of bringing blockchain technology into real-world usage. The Rising Wedge On the WLFI side, the price has been moving within a rising wedge for some time. Although the structure may look positive at first glance, such wedges technically function not as continuation patterns but as distribution formations. In other words, this is a structure where volume decreases on upward attempts rather than strengthening, preparing the ground for a downside breakout.Currently, the price has slipped downward from the upper–middle region of the wedge. This tells us the following: buyers are reluctant to push higher, and the price is more focused on seeking balance.The levels seen on the chart are as follows:0.147 – 0.153: Upper band of the wedge and the area where selling is concentrated0.143 – 0.145: Short-term balance zone, the area where the price is currently trying to hold0.135 – 0.128: Lower band of the wedge and the main support area0.117 – 0.110: Lower support zone, the first stop after a breakdown0.10: Exact target of the structure, the main target area in the downside scenarioIn the short term, the critical point is the 0.135 – 0.128 band. As long as the price stays above this region, the rising wedge can still be considered technically intact, and a sideways–choppy structure may be observed. However, in such structures, the main move usually comes with the loss of the lower band.If closes below 0.128 occur, the rising wedge resolves to the downside. In this scenario, it would not be surprising for the price to accelerate first toward 0.117 and then toward the 0.10 region. Especially in such breakouts, pullbacks tend to be short and weak.In the upside scenario, the picture is more limited. Without sustained closes above 0.153, it is difficult to read this structure as a healthy uptrend. As long as that region is not surpassed, every rise still remains a reaction.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create short- and medium-term trading opportunities depending on market conditions. However, the responsibility for trading and risk management belongs entirely to the user. In addition, it is strongly recommended to use stop loss for the positions shared.
XRP Commentary and Price Analysis - December 30, 2025
XRP Technical OutlookIn the United States, spot XRP ETFs have now started trading and investor inflows into these products continue, which makes direct investment in XRP easier. In addition, the long-lasting lawsuit between Ripple and the SEC has finally been resolved, and this development has increased investor confidence. All of these steps show that XRP is not only staying on the agenda but has also entered the radar of a broader investor base. The Falling Wedge On the XRP side, the structure looks a bit more complex, but the message is actually clear. The price has been moving for some time within a compression formed by both a descending wedge and a descending–contracting triangle. The common point of these two formations is this: downside momentum is weakening, but the structural target is an upside breakout.A descending wedge, when viewed on its own, carries upside breakout potential. However, here, in addition to the wedge, a descending trend and a contracting triangle are also in play. This tells us that the market is struggling to choose a direction and is building energy.The price is currently in the middle region of the structure, meaning neither a clear support has been broken nor a relieving breakout has occurred.The levels seen on the chart are:2.98 – 3.00: Major peak in the big picture and psychological threshold2.39 – 2.40: Previous main distribution zone1.85 – 1.87: Center band of the current compression, balance area1.70 – 1.72: Lower boundary of the contracting structure1.34 – 1.35: Main support that will come into play if the structure breaksIn the short term, the most critical point is the horizontal compression around 1.85. The longer the price stays here, the sharper the move will be once a breakout comes. In an upside scenario, in line with the nature of the descending wedge, a rapid acceleration toward 2.10 first and then toward the 2.39 band may occur. However, for this scenario, a clear high-volume breakout of the upper trend is required.On the downside, the risk is more straightforward. Closes below 1.70 resolve both the contracting triangle and the wedge structure to the downside. This pushes the price quickly toward 1.50 and then the 1.35 region. Especially in such double-formation structures, market participants caught on the wrong side accelerate the decline.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create short- and medium-term trading opportunities depending on market conditions. However, the responsibility for trading and risk management belongs entirely to the user. In addition, it is strongly recommended to use stop loss for the positions shared.
AVAX Commentary and Price Analysis - December 29, 2025
AVAX Technical AnalysisIn the last quarter of 2025, the Avalanche network implemented a major update, improving speed and transaction costs. In addition, the search for institutional partnerships in strategic regions such as Abu Dhabi has come to the forefront. These developments show that AVAX has become attractive not only for crypto investors but also for institutional players. This expansion within the ecosystem forms a strong foundation that should be taken into account before technical analysis. Falling Channel Formation On the AVAX side, there has been a higher-timeframe descending channel structure in place since the beginning of 2024, and this structure has worked quite cleanly so far. At every recovery attempt, the price has faced selling at the upper band of the channel, and during every sharp decline, it has touched the lower band and taken a short breath. The current picture shows that this discipline has still not been broken.The current price action is very close to the lower band of the channel. In such long-term channels, lower bands usually produce two different scenarios: either a strong reaction comes, or after a weak consolidation, a downward continuation is seen. AVAX is currently exactly at this decision point.The critical levels seen on the chart are:26.6 – 27.0: Upper band of the channel, main trend resistance22.0 – 20.7: Mid-band and a support-resistance area that has worked frequently in the past17.4 – 14.7: In-channel intermediate supports, regions where declines slowed down12.1 – 10.5: Lower band of the channel, the current main defense line8.4: Major support that will come into play if the lower band is lostIn the short and medium term, the scenario is progressing quite clearly. As long as the 10.5 – 12.1 band is preserved, AVAX is technically still within the channel, and a reaction attempt from this area would not be surprising. If such a reaction occurs, the first targets would naturally be 14.7, followed by the 17.4 band.The truly critical threshold, as always, is the upper band of the channel. Without breaking above the 26 – 27 region, it is difficult to say that the long-term downtrend has ended. Every price action approaching this region is still an area where selling pressure comes into play.In the downside scenario, the picture is harsher. Weekly/daily closes below 10.5 indicate that the lower band of this long-term channel has been lost and may accelerate the price toward the 8.4 level. This level represents the last strong support of the structure formed throughout 2024.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create short- and medium-term trading opportunities depending on market conditions. However, the responsibility for trading and risk management belongs entirely to the user. In addition, it is strongly recommended to use stop loss for the positions shared.
EDU Review and Price Analysis - December 28, 2025
EDU/USDT Technical Analysis Rising Channel Chart On the EDU chart, the overall structure is clearly moving within an ascending channel, and the price is currently touching the lower band of the channel, which is the trend support. Since this area has worked several times before, it is a technically important decision point. The reactions coming from here will determine whether the ascending structure will continue or not.In the short term, the 0.135–0.14 band is in a critical support position. As long as the price stays above this region, the current ascending channel is not considered broken. If holding continues here, first the 0.158–0.165 range and then the 0.18–0.20 band, which is the mid-upper region of the channel, become targets again. Especially closes above 0.165 indicate that momentum has started to turn upward again.However, if this trend support is clearly lost, the situation changes slightly. In such a scenario, the price exits the channel and a pullback risk toward the 0.127–0.122 region emerges. Since this area overlaps with both horizontal support and previous lows, it acts like a final defense line on the downside.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create short- and medium-term trading opportunities depending on market conditions. However, the responsibility for trading and risk management belongs entirely to the user. In addition, it is strongly recommended to use stop loss for the positions shared.
ID Comment and Price Analysis - December 28, 2025
ID/USDT Technical AnalysisIn the Space ID ecosystem, approximately 4.42 million dollars worth of ID tokens entered circulation on December 22, 2025. This means that a significant portion of the total supply was unlocked and it boosted market liquidity. This token unlock, together with the project’s goal of providing Web3 identity and domain name services, may create short-term volatility in price movements. Space ID offers an infrastructure that simplifies user experience through cross-chain domain name support and digital identity solutions; this is one of the main factors keeping investor interest alive. Falling Channel Structure On the ID side, the structure on the daily chart is clearly a descending channel. For a long time, the price has moved in a disciplined manner between the lower and upper bands. With the latest decline, the price dropped to the lower band of the channel and has produced its first meaningful reaction from there.This point is technically important because in descending channels, the main data is the answer to the question:“How strong and sustainable is the reaction coming from the lower trend?”The move we are currently seeing in ID is not a weak bounce, but a strong reaction rally that carries the intention of breaking away from the bottom.The levels seen on the chart are:0.055 – 0.056: Lower band of the channel, major bottom and the region where the reaction started0.063 – 0.064: First horizontal resistance, the area where the price is currently struggling0.068 – 0.069: Threshold that needs to be surpassed for the continuation of the reaction rally0.073 – 0.076: In-channel mid-band and strong selling zone0.084 – 0.096: Path toward the upper band of the channel, but only possible with strong momentumIn the short term, the scenario is progressing clearly:As long as the price can hold above 0.063, the reaction coming from the bottom may continue toward the 0.068–0.069 band. This area is a decision point because it is both a horizontal resistance and the region where previous declines accelerated.The real critical threshold is the upper band of the channel. Without daily closes above this region, every rise technically works as a selling opportunity. In other words, saying “the trend has reversed” prematurely here would be against the structure.On the downside, the picture is simpler:Closes below 0.055 show that this reaction has failed and that the price has entered a new lower-testing phase within the channel.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create short- and medium-term trading opportunities depending on market conditions. However, the responsibility for trading and risk management belongs entirely to the user. In addition, it is strongly recommended to use stop loss for the positions shared.
XTZ Commentary and Price Analysis - December 25, 2025
XTZ/USDT Technical Analysis Falling Channel Formation On the XTZ side, the chart displays a very orderly descending channel structure, and the price is currently trading very close to the lower trend of the channel. The overall structure is clearly downward; every recovery attempt has been met with selling before reaching the upper band, and the trend has worked in a disciplined manner. This shows that the descending structure is still valid.In the short term, the main area where the price is holding:0.43 – 0.41 bandThis area overlaps with both the lower trend of the channel and the region where recent lows were formed. Therefore, it is technically one of the most likely areas for a reaction. As long as this region is preserved, the possibility of an upward recovery within the descending channel remains on the table.On the upside, the first critical area the price will face:0.47 – 0.48This region is a short-term horizontal resistance and corresponds to the mid-band of the channel. If this area is surpassed, the move becomes slightly more comfortable and the price is expected to move toward the upper trend of the channel. The main decision point is:0.57 – 0.58This level is the upper trend of the descending channel. When the price reaches this area, either a classic rejection is seen or, if a high-volume breakout occurs, the descending channel begins to come to an end. Any rise before the channel is broken will technically remain a reaction move.In the downside scenario, the level to watch is clear:Closes below 0.41In this case, the channel continues to work downward and the risk of a slide toward the 0.37 – 0.34 band increases. This region serves as the last line of defense on the higher time frame.In summary, XTZ is trading at the lower trend of the descending channel. While this region is suitable for a short-term reaction, the main direction is still downward. For a real trend change, a high-volume breakout above the upper band of the channel is required. At this stage, the area to watch is exactly this lower band and the price behavior that will come from here.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create short- and medium-term trading opportunities depending on market conditions. However, the responsibility for trading and risk management belongs entirely to the user. In addition, it is strongly recommended to use stop loss for the positions shared.
