The crypto market is trying to recover after the global market defeat led by Deepseek AI. 3 Altcoin shows promising bull installations in this recovery move. Experienced technical analyst Yahu Gala, examining the technical pictures of these 3 token.
Left Price Estimation: Is there a $ 500 on the horizon for Altcoin?
Solana (left) tests the upper limit of the rising triangular formation. However, a definite break seems difficult. The weekly graph shows that the SOL is trying to overcome this resistance level twice. However, he points out that he faces sales pressure that holds the island above but is closer to the consolidation range. The rising support trend line of the triangle reflects the consistent high bottoms and points to the strong buyer interest. However, the absence of a confirmed break on horizontal resistance increases concerns about potential downward risks. A break in this structure may cause the Left’s $ 190-200 support interval, in which the rising trend line intersects.
While the 50 -week EMA in $ 167 continues to support a critical long -term support, the RSI momentum of 57 shows that it is neutral and lack the belief required for a parabolic movement. For bulls, one -week closing over $ 250 with a strong volume will confirm the breakage and open the door to the measured movement target of $ 500. Without such an approval, the price of the left has a long -term risk of consolidation.
Left/USD weekly price graph. Source: TradingViewAvax Price Estimation: Is there a rally towards $ 100?
Avalanche (AVAX) is currently in two competing technical structures: a descending triangle and a rising parallel channel. In particular, as of January 29, the AVAX tested the support of the lower trend line of the parallel channel. A successful leap from this support can push the price of the Altcoin to the upper trend line of the descending triangle, to the level of 50-55 dollars, historically strong resistance.
A breaking on the descending trend line will invalidate the triangular structure with a decrease, and will shift to the upper boundary of the rising parallel canal, whose focus aligned with the range of 100-120 dollars. However, the lack of protection of current support may expose AVAX to further decrease. Thus, it can cause a breakdown to the $ 20-15 dollar area with potentially diminishing triangle. The 50 -week EMA in $ 32 is currently providing some intermediate support, while the EMA of the 200 -week EMA in $ 30 continues to be an important long -term base.
AVAX/USD weekly price graph. Source: TradingViewMove Price Estimation: Altcoin is preparing for rally!
Move (Move) increased on a 4 -hour period of 50 -term EMA ($ 0.7327) and its 200 -term EMA ($ 0.7892). Altcoin is currently a historical resistance area, a volume profile of around 0.82-0.83 dollars, tests the high-volume node on the visible range (VPVR). A successful breaking on this area can open the door for a rally towards the levels of $ 0.90 (withdrawal of $ 1,0) and $ 1.08 (1.618 FIB extension) in the coming sessions.
Conversely, the 200-term EMA and the 0.618 FIB level of $ 0.80-0.79 in the same level, 0.76 dollars (0.5 FIB) and $ 0.73 (0.382 FIB) levels reconstruction of lower support levels can trigger the testing. Although the RSI in 61 points to a moderate powerful momentum, a slight retreat is possible before further rise.
Move/USDT four -hour price graph. Source: TradingViewThe opinions and estimates in the article belong to the analyst and are not definitely investment advice. As Kriptokoin.com, we recommend that you do your own research before investing.
