Crypto market evolution in the last 24 hours
🌍 Crypto Market Cap: 2.39T USD total global crypto market value (+0.02% ↑)
📊 24h Market Volume: 97.37B USD total trading volume in the last 24h (-7.26% ↓)
🏦 DeFi Volume: 9.95B USD DeFi trading volume, representing 10.22% of total crypto market 24h volume (→)
💵 Stablecoins Volume: 97.01B USD stablecoin volume, representing 99.63% of total crypto market 24h volume (→)
₿ Bitcoin Dominance: 58.68% BTC market dominance (-0.04% ↓)
Ethereum (ETH)
On the 1H timeframe, ETHUSD is forming an M pattern inside a rising wedge and is testing the 2,000.00 USD – 2,007.00 USD support zone (approx. 1,840 EUR – 1,846 EUR).
Price is currently around 2,018.00 USD (approx. 1,856 EUR).
A breakdown below support could lead to bearish continuation toward 1,963.00 USD (1,805 EUR) and 1,919.00 USD (1,765 EUR). Holding above the support area could instead result in short-term consolidation before the next directional move.
MultiversX (EGLD)
On the 1H timeframe, EGLDUSD is consolidating between 4.29 USD resistance (3.95 EUR) and 3.99 USD support (3.67 EUR).
Price is currently around 4.13 USD (3.80 EUR).
A breakout above 4.29 USD (3.95 EUR) could confirm a W pattern, opening the way for bullish continuation toward 4.38 USD (4.03 EUR) and 4.51 USD (4.15 EUR). Losing the 3.99 USD support (3.67 EUR) could instead form a bear flag breakdown targeting 3.87 USD (3.56 EUR) and 3.77 USD (3.47 EUR).
Polkadot (DOT)
On the 1H timeframe, DOTUSD is forming an M pattern with bearish divergence on MACD while testing the 1.47 USD – 1.49 USD support zone (1.35 EUR – 1.37 EUR). This level also aligns with a supportive trendline.
Price is currently around 1.50 USD (1.38 EUR).
A confirmed breakdown below 1.47 USD (1.35 EUR) could trigger bearish continuation toward 1.44 USD (1.32 EUR) and 1.40 USD (1.29 EUR).
BNB (BNB)
On the 1H timeframe, BNBUSD is trading inside a rising wedge with bearish divergence on MACD, while testing the 635.00 USD (584 EUR) support zone.
Price is currently around 643.00 USD (592 EUR).
A breakdown below 635.00 USD (584 EUR) could trigger bearish continuation toward 622.00 USD (572 EUR) and 609.00 USD (560 EUR). Holding above support may instead lead to short-term consolidation.
ESTIMATION (96H Outlook)
BTCUSD has an estimated move of +1% – +2% (UP), trading close to 70,000.00 USD (64,400 EUR) with improving sentiment and macro support coming from weaker dollar conditions.
ETHUSD shows an estimated +1% – +3% (UP) move, following BTC momentum with slightly stronger short-term relative strength.
EGLDUSD has an estimated −2% – −4% (DOWN) move, trading below key moving averages with bearish signals, especially if BTC weakens.
BNBUSD shows an estimated +2% – +4% (UP) move, supported by strong demand in large-cap altcoins and a continuation structure.
XRPUSD has an estimated +2% – +4% (UP) move, with short-term rebound potential after the recent recovery across major altcoins.
Limitation of Liability
This report issued by Tradesilvania is purely informative and is not intended to be used as a tool for making investment decisions in crypto-assets. Any person who chooses to use this report in the process of making investment decisions assumes all related risks. Tradesilvania SRL has no legal or other obligation towards the person in question that would derive from the publication of this report publicly.
The content provided on the Tradesilvania website is for informational purposes only and should not be considered as investment advice, financial advice, trading advice, or any other form of advice. We do not endorse or recommend the buying, selling, or holding of any cryptocurrency. It is important that you conduct your own research and consult with a financial advisor before making any investment decisions. We cannot be held responsible for any investment choices made based on the information presented on our website.
The information in this report was obtained from public sources and is considered relevant and reliable within the limits of publicly available data. However, the value of the digital assets referred to in this report fluctuates over time, and past performance does not indicate future growth.