# Support Resistance Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Support Resistance", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

XRP Price Forecast: Can the Rarest Monthly XRP Buy Signal Overcome Declining ETF Flows?

XRP Price Forecast: Can a Rare Buy Signal Overcome Declining ETF Flows? Analyst Ali Charts highlights a rare Tom Demark Sequential buy signal on the monthly XRP chart, which previously preceded massive rallies of 1,074% in 2020 and 973% in 2022. Currently, XRP is consolidating near the lower Bollinger Band at $1.01, with immediate resistance at the 20-day EMA of $1.0628. A monthly close above the key $1.06 level, where nearly 3 billion XRP changed hands, could pave the way for a bullish move toward $1.35 and then $1.64. On-chain data shows whales have accumulated over 380 million XRP in the past week, signaling confidence. However, XRP spot ETF inflows have slowed dramatically, hitting a yearly low of just $1.01 million for the week ending August 7th. In derivatives, long positions are absorbing most of the liquidation pain, though top traders remain net long. The bullish case requires holding $1.01 and a monthly close above $1.06 to validate the Demark signal. The bearish risk is a break below the psychological $1.00 level, which would invalidate the setup. The outcome hinges on whether the rare technical signal and whale accumulation can overcome the clear weakening in institutional ETF demand.

cryptonews.ru08/10 20:15

XRP Price Forecast: Can the Rarest Monthly XRP Buy Signal Overcome Declining ETF Flows?

cryptonews.ru08/10 20:15

Pump.fun Price Forecast: Can PUMP Sustain Breakout After $807M SOL Sale?

Pump.fun Price Prediction: Can $PUMP Sustain Breakout After $807M SOL Selloff? This week's price outlook for $PUMP turned bullish after it broke out from a cup and handle pattern, reaching $0.00286. Technical analysis shows all four Exponential Moving Averages (EMAs) are now below the price for the first time since the pattern began, with the measured move target around $0.003352. Key support lies between $0.002050 and $0.002157. Fundamentally, Pump.fun surpassed Hyperliquid in 30-day protocol revenue, earning $33.73M. In a competitive move, it launched an aggressive campaign offering $20K-$30K bonuses to lure users from the rival platform FOMO. Additionally, data reveals Pump.fun has sold a total of 4.82M SOL tokens (worth ~$807M) from protocol fee revenue since launch, with sales representing treasury management conversions, not a platform sell-off. The bullish case targets $0.003352 if the breakout base holds, supported by the revenue milestone and platform developments. The bearish risk level is at the 50-day EMA ($0.001944), which could be tested if the support zone fails and profit-taking or negative sentiment emerges. The price action hinges on holding the $0.002050-$0.002157 zone.

cryptonews.ru08/10 11:09

Pump.fun Price Forecast: Can PUMP Sustain Breakout After $807M SOL Sale?

cryptonews.ru08/10 11:09

Meme Coin Price Forecast: Dogecoin (DOGE), Shiba Inu (SHIB), MemeCore (M)

Meme coins continue trading under pressure as broader market uncertainty limits buying activity in the sector. Dogecoin (DOGE), Shiba Inu (SHIB), and MemeCore (M) have reached key technical levels that could determine their next move. While bearish trends still dominate most short-term charts, momentum indicators point to decreasing selling pressure. Dogecoin is struggling below key resistance, trading around $0.0692 and remaining below all major moving averages. However, the Stochastic RSI is recovering from oversold levels, hinting at potential short-term momentum improvement. A move above $0.0706 could lead to a recovery towards $0.0727, while losing support at $0.0685-$0.0677 may extend the decline. Shiba Inu is in a corrective phase below $0.00000480 but holds crucial support near its 50 EMA at $0.00000463. Its Stochastic RSI is deeply oversold, suggesting downward momentum may be weakening. Reclaiming $0.00000480 could target $0.00000505, whereas a break below $0.00000455 may expose the $0.00000400 psychological level. MemeCore shows a relatively stronger technical picture, consolidating in the $1.15-$1.19 range near its 20 and 50 EMAs. With its Stochastic RSI rising from oversold territory, a break above the 100 EMA resistance at $1.1755 could pave the way toward $1.236. Failure to hold the 50 EMA support at $1.1614 would weaken the recovery outlook, potentially testing lower supports.

cryptonews.ru08/07 23:31

Meme Coin Price Forecast: Dogecoin (DOGE), Shiba Inu (SHIB), MemeCore (M)

cryptonews.ru08/07 23:31

Cardano Price Forecast: ADA Futures Surge 380% in a Week — Is a Major Move Finally on the Horizon?

Cardano (ADA) price declined 1.44% to $0.1882 on August 6, pulling back to the 100-day EMA. The retreat followed a breakout from an ascending triangle pattern, with key support identified between the 20-day and 50-day EMAs around $0.1762-0.1765. Resistance levels are seen at the 100-day EMA ($0.1964), the first breakout target of $0.22, and the 200-day EMA at $0.2581. Notably, ADA futures volume surged 380% in a week to $650 million, indicating heightened trader interest but also increasing vulnerability to sharp price swings. Analysts have drawn comparisons to ADA's 2020-2021 price structure, with one targeting a long-term price of $2.90. In a significant development, Injective became the first blockchain to establish a live IBC (Inter-Blockchain Communication) testnet connection with Cardano. This paves the way for asset transfers between the two ecosystems, positioning Cardano within a broader multi-chain network, though its mainnet impact remains pending. The bullish case targets $0.22, contingent on holding the $0.18 support zone and benefiting from positive macro catalysts. The bearish risk involves a breakdown below $0.1762, which could invalidate the breakout structure and push the price toward the Parabolic SAR support at $0.1641.

cryptonews.ru08/06 11:17

Cardano Price Forecast: ADA Futures Surge 380% in a Week — Is a Major Move Finally on the Horizon?

cryptonews.ru08/06 11:17

Ethereum Price Forecast: Why Does ETH Remain Stable After Five Consecutive Weeks of ETF Inflows?

Ethereum Price Forecast: Why ETH Stays Stable After Five Consecutive Weeks of ETF Inflows? Ethereum (ETH) is trading around $1,867.68, showing little movement despite five consecutive weeks of net inflows into spot ETFs and a new community-dividing proposal, EIP-8363, that could significantly alter ETH's supply dynamics. Technically, ETH is consolidating between key support at $1,837.76 (0.382 Fibonacci) and resistance around $1,939. A descending trendline from May near $1,900 continues to cap price rallies. The MACD indicator remains bearish, suggesting sideways momentum persists until a breakout occurs. On August 4th, spot ETH ETFs saw a strong $53.75 million daily inflow, led by BlackRock's ETHA. This marks the fifth straight week of positive inflows, with total net inflows reaching $11.25 billion. A major talking point is EIP-8363, the "Tapered Issuance Burn" proposal backed by researchers like Justin Drake. It aims to burn an increasing share of validator rewards as the staked ETH ratio grows, reaching 100% burn when 60.25 million ETH (≈50% of supply) is staked. Proponents see it as a long-term positive supply shock for price. However, opponents warn it could disadvantage small validators and reduce staking yields, potentially dampening institutional demand. **Price Outlook:** * **Bull Case (Target: $2,042):** A daily close above the $1,940 resistance and the descending trendline, fueled by sustained ETF inflows and EIP-8363 supply narrative, could open a path toward the 0.618 Fibonacci level at $2,042. * **Bear Case (Risk to $1,711):** If selling pressure resumes, ETH losing the $1,837 support could lead to a decline toward the 0.236 Fibonacci level at $1,711, with June's low of $1,506 as a deeper risk level.

cryptonews.ru08/05 18:01

Ethereum Price Forecast: Why Does ETH Remain Stable After Five Consecutive Weeks of ETF Inflows?

cryptonews.ru08/05 18:01

Biconomy Price Forecast: BICO Up 126% Weekly, Bulls Target $0.03

Biconomy's BICO token surged 57% in 24 hours and over 126% weekly, reaching $0.02676, with daily trading volume exceeding $102 million. Technical analysis indicates a strong bullish trend, with the price trading above key moving averages and near the $0.02728 resistance level. A breakout above this could target the $0.03 psychological level and potentially $0.033-$0.035. Open interest in derivatives spiked, indicating renewed market participation, while spot exchange flows show recent net inflows, supporting accumulation. Key support levels are at $0.02384 (Fibonacci 0.786 retracement), $0.02115, and $0.01925. The overall outlook remains bullish, contingent on buyers holding the $0.02384 support zone to sustain momentum for further gains.

cryptonews.ru08/05 17:51

Biconomy Price Forecast: BICO Up 126% Weekly, Bulls Target $0.03

cryptonews.ru08/05 17:51

Shiba Inu Price Forecast for August 2026: Can SHIB Maintain Its 40% Gain Unlike Emirates and Sustain Its Search Traffic?

Shiba Inu (SHIB) is consolidating in early August 2026 after a nearly 40% jump from its June lows, trading around $0.00000471. Key technical levels include support at the 0.236 Fibonacci level ($0.00000467) and resistance around the 0.382 Fibonacci level ($0.00000505) coinciding with the 100-day EMA. Historically, August has been a slightly negative month for SHIB. A major bullish catalyst is Emirates Airlines' integration of SHIB (via Crypto.com Pay) for flight bookings, providing substantial real-world utility. Concurrently, global search traffic for SHIB has hit a three-month high, signaling renewed interest. The forecast suggests a bullish scenario targeting $0.00000536 if support holds and adoption momentum continues, while a bearish case could see a retest of support near $0.00000405 if profit-taking and seasonal weakness prevail.

cryptonews.ru07/31 12:42

Shiba Inu Price Forecast for August 2026: Can SHIB Maintain Its 40% Gain Unlike Emirates and Sustain Its Search Traffic?

cryptonews.ru07/31 12:42

Pi Network Price Forecast for August 2026: Will the August 11th Deadline Become a Catalyst for PI's Recovery?

Pi Network Price Forecast for August 2026: Will the August 11 Deadline Catalyze a Recovery? Pi Network (PI) traded at $0.0830 on July 30, up 1.13%, attempting to stabilize above its all-time low. The price is rebounding from the lower Bollinger Band around $0.07172. All key EMAs (20, 50, 100, 200-day) remain in a downtrend above the current price, with the 20-day EMA at $0.08810 acting as the first significant resistance level to confirm a recovery. August presents two key narratives. First, the Pi Core Team launched Protocol 26 with a hard deadline of August 11 for all node operators to upgrade; failure to do so results in disconnection. This is the final precursor to Protocol 27, a major technical upgrade planned for 2026. Second, a community debate challenges the widespread "GCV" (Global Consensus Value) concept, with a member stating there is no official GCV mechanism and that Mainnet apps price services independently. This could pressure price if holders selling on disillusionment. The 10-day price forecast table suggests a range of $0.072-$0.095 for early August amid Protocol 26 deadline pressure, $0.080-$0.110 in mid-August post-deadline clarity, and $0.085-$0.125 in late August, pending broader crypto market direction. The bullish case requires smooth Protocol 26 migration, clear Protocol 27 announcement, resolution of the GCV debate without major holder exits, and a close above the 20-day EMA. The bearish scenario involves node upgrade difficulties, GCV-related selling pressure, continued supply pressure from 775.8 million PI scheduled to unlock by December, and a fall back to or below the $0.07172 support zone.

cryptonews.ru07/30 11:27

Pi Network Price Forecast for August 2026: Will the August 11th Deadline Become a Catalyst for PI's Recovery?

cryptonews.ru07/30 11:27

XRP Price Forecast: Is XRP Nearing Historical Bottom with Hong Kong Retail Access Opening?

XRP Price Forecast: XRP trading near $1.09 on July 29, attempting to bounce within a descending wedge pattern. Monthly RSI has hit its most oversold level in the token's history, exceeding even the March 2020 COVID crash lows. Key technical levels show resistance at the 20-day EMA ($1.0983) and the SuperTrend indicator ($1.1621), with support near $1.05 and the critical $1.00 level. Fundamentally, OSL Hong Kong has opened regulated retail trading for XRP, adding a potential demand catalyst. Spot flow data shows consistent net outflows from exchanges in July, suggesting accumulation. Derivatives metrics indicate balanced retail positioning. The bullish case requires a break above the wedge's upper trendline, while the bearish scenario could see a test of $1.00 if support fails.

cryptonews.ru07/29 13:02

XRP Price Forecast: Is XRP Nearing Historical Bottom with Hong Kong Retail Access Opening?

cryptonews.ru07/29 13:02

Meme Coin Price Forecast: Dogecoin, Shiba Inu, MemeCore

Meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and MemeCore continue to face bearish pressure as they struggle to establish a sustained recovery. Dogecoin is trading near a critical support level at $0.06945, with key EMAs above acting as resistance. A break below support could target $0.0650, while reclaiming $0.07250 may signal a move toward $0.07488. Shiba Inu has pulled back from resistance at $0.00000517 but holds above its 20-day EMA at $0.00000447. Maintaining this level is crucial to prevent a drop toward $0.00000406. Reclaiming $0.00000475 could open a path to higher resistance levels. MemeCore remains weak, trading below all major EMAs, with the nearest resistance at the 20-day EMA of $1.2597. Immediate support lies at $1.1348, and a failure to hold could lead to a deeper decline. All three tokens require significant technical breakouts to shift the broader bearish trend and attract stronger bullish momentum.

cryptonews.ru07/28 10:25

Meme Coin Price Forecast: Dogecoin, Shiba Inu, MemeCore