ETH/USDT is currently trading in a range between $2200 and $2500. The pair has broken into the range during the day. However, there are signs that the pair is ready to make a move with a possible retest of support.

On the upside, ETH/USDT is facing resistance at $2320. This level hasn’t been tested today, and if the price holds above the daily close, it will be confirmed as support. A break above $2320 would signal a bullish breakout and could send the pair higher to $2320.

On the downside, ETH/USDT is facing support at $2220. This level is a previous swing low and has been tested multiple times in recent weeks as resistance. A break below $2220 would signal a bearish breakdown and could send the pair lower to $2120 or even $2000.

ETH1D chart TW link: https://www.tradingview.com/x/b82W4ksB/

XRP:
INTRO: XRP holding above 0.5$ and needs to hold before the big nuke.

Here is a technical analysis of the XRP/USDT chart:

Key Levels:

• Resistance: $0.50, $0.52
• Support: $0.48, $0.46

Strategy:

• Long: Buy at $0.48 with a stop loss below $0.46 and a target price of $0.58.
• Short: Sell at $0.50 with a stop loss above $0.52 and a target price of $0.46.

Range Description:

XRP/USDT is currently trading in a range between $0.48 and $0.52. The pair has shifted into the range during the day. However, there are signs that the pair is ready to make a move with a possible retest of support.

On the upside, XRP/USDT is facing resistance at $0.50. This level has been tested today, and if the price holds above the daily close, it will be confirmed as support. A break above $0.50 would signal a bullish breakout and could send the pair higher to $0.52.

On the downside, XRP/USDT is facing support at $0.48. This level is a previous swing low and has been tested multiple times in recent weeks as significant support. A break below $0.48 would signal a bearish breakdown and could send the pair lower to $0.46 or even $0.44.

XRP chart TW link: https://www.tradingview.com/x/3bAa8rHv/

LINK:
INTRO: LINK pushing high above 15$ resistance.

Here is a technical analysis for the LINK/USDT chart:

Key Levels:

• Resistance: $15, $16
• Support: $13.3, $14

Strategy:

• Long: Buy at $14 with a stop loss below $13 and a target price of $16.
• Short: Sell at $15 with a stop loss above $16.5 and a target price of $14.

Range Description:

LINK/USDT is currently trading in a range between $14 and $16. The pair has shifted into the range during the day. However, there are signs that the pair is ready to make a move with a possible retest of support.

On the upside, LINK/USDT is facing resistance at $15. This level has been tested today, and if the price holds above the daily close, it will be confirmed as support. A break above $15 would signal a bullish breakout and could send the pair higher to $17.

On the downside, LINK/USDT is facing support at $14. This level is a previous swing low and has been tested multiple times in recent weeks as significant resistance. A break below $14 would signal a bearish breakdown and could send the pair lower to $13 or even $12.

LINK chart TW link: https://www.tradingview.com/x/R0g5WEhf/

SOL:
INTRO: SOL fighting with 100$ resistance.

Here is a technical analysis of the SOL/USDT chart:

Key Levels:

• Resistance: $100, $107
• Support: $79, 90$

Strategy:

• Long: Buy at $90 with a stop loss below $75 and a target price of $100.
• Short: Sell at $100 with a stop loss above $ 107 and a target price of $90.

Range Description:

SOL/USDT is currently trading in a range between $75 and $100. However, there are signs that the pair is ready to make a move to push strong resistance at $90.

On the upside, SOL/USDT is facing resistance at $100. This level has been tested today, and if the price holds above the daily close, it will be confirmed as support. A break above $100 would signal a bullish breakout and could send the pair higher to $107.

On the downside, SOL/USDT is facing support at $90. This level is a previous swing low and has been tested multiple times in recent weeks as significant support. A break below $90 would signal a bearish breakdown and could send the pair lower to $70 or even $60.

SOL chart TW link:  https://www.tradingview.com/x/okexFWYN/

CRYPTO NEWS:

HAPPY AIRDROP DAY! HERE’S WHAT TO EXPECT

It’s also Jupiter Airdrop Day. Jupiter is a decentralized exchange (DEX) and liquidity aggregator on Solana.

Today, it’s launching its token ($JUP) and airdropping the first batch of tokens to users.

• The initial circulating supply will be 1.35 billion JUP tokens.
• One billion tokens will be airdropped to early users (i.e., people who used Jupiter before Nov. 2).
• Approximately 1 million wallets are eligible for the airdrop.

If you’re one of the eligible ones… congrats! Treat yourself to a Chipotle burrito with EXTRA guac today.

If you aren’t eligible this time around, don’t sweat it. There will be other opportunities.

The key is that projects don’t tell you when there’s an airdrop ahead of time. So you have to use tools (like DeFiLlama) to keep tabs on ones that could do one in the future.

By the way, previous airdrops have also led to good trading opportunities. Investors LOVE shiny new tokens with fresh charts.

The bad news: new tokens are more volatile than a 2-year-old who missed nap time.

The good news: JUP isn’t the first big airdrop in crypto. There’s been Optimism, Aptos, and Blur.

Each one had similar price movements.

Who knows if the Jupiter airdrop will follow the same playbook, but you know what they say…

“History doesn’t repeat itself, but it often rhymes.”

FAST NEWS:

Vitalik Buterin released a new blog for his 30th birthday, highlighting significant shifts he has witnessed in the cryptocurrency community over his 11-year involvement.

Ethereum’s Dencun upgrade was successfully deployed on the Sepolia test network. The next step is the Holesky testnet, serving as the final rehearsal before the upgrade goes live on the main network.

German authorities seized over 50,000 BTC (worth $2.1B) from a piracy operation, marking one of the largest crypto seizures in history.

Ripple’s co-founder fell victim to a hack resulting in the loss of $112M worth of XRP tokens, leading to a 5% decline in $XRP.

Tether reported $2.9B in new profits last quarter, setting an all-time high increase in excess reserves backing its tokens in circulation, totaling $5.4 billion.

Final words:

The market cooling down with a big possibility of a bigger push-up if support holds up.

GROW BOT UPDATE:

Copy trade GROW 0.1->10k$ since 18.03.23 we got +219.0% PROFIT!

GROW CURRENTLY:

TRADING COIN: BTC/USDT

SETUP: SHORT

TAKE PROFIT: /

SAFETY ORDERS: /

Liquidation: /

Not Financial Advice!
Good luck with trades,
JAKE