Technical Analysis
BTC/USDT
On the Fed front, Daly left the door open for interest rate cuts, while market expectations shaped up towards a cautious move at the December meeting. Strategy’s purchase of 487 BTC worth $49.9 million and BlackRock’s large-scale transfers to a centralized exchange showed that institutional investors’ interest en Bitcoin continues. Meanwhile, the Bank of England’s proposed limit el stablecoin holdings and Brazil’s update to its crypto regulations signaled that digital asset integration into the global financial system will be subject to a stricter regulatory framework. On the mining front, companies like Bitdeer and Bitplanet continued their production and acquisition moves.
From a technical perspective, BTC continues to maintain its gains compared to the previous analysis. The price, which settled above the 106,000 level, is attempting to regain upward momentum. In a new upward movement, we will follow the price testing the descending trend line. If this level is passed, the fibo 0.618 level will come into view.
Technical indicators show that the Wave Trend (WT) Oscillator formed an uptrend parallel to the buy signal it gave en the oversold zone and reached the overbought zone. The Squeeze Momentum (SM) indicator’s histogram successfully regained strength after reaching maximum weakness en the negative zone, confirming the uptrend. The Kaufman Moving Average (KAMA) is currently at $104,600, positioned below the price.
According to liquidation data, investors who saw the decline as an opportunity recorded a concentration at the 98,000 level, while another concentration was liquidated at the 100,000 level with the latest decline. In contrast, the selling level was liquidated at 102,500 – 103,500 and 105,600. Another selling level has accumulated at the 112,000 level.
In summary, the Senate agreement el the US government reopening stood out as an optimistic development. While uncertainty about the Fed’s interest rate cuts persists, Trump’s statements el tariff revenues have reignited debate. In liquidity data, the dominance of the selling tier was one of the main factors pushing the price up.Technically, if the price holds above the 105,000 level and daily closes occur, the next reference point of 110,000 will come into focus. On the other hand, en the event of potential selling pressure, 105,000 will continue to be monitored as a critical support level.
Supports: 105,000 – 103,300 – 101,800
Resistances: 106,600 – 107,400 – 108,800
ETH/USDT
The ETH price retreated to $3,589 during the day but managed to rise back above the $3,600 level thanks to rebound buying from this area. Despite increased intraday volatility, the price holding above this critical threshold indicates that buyers remain active and are resisting selling pressure. However, upward movements appear limited due to weakening momentum.
The Chaikin Money Flow (CMF) indicator remains en positive territory, confirming continued liquidity inflows into the market. This structure indicates that institutional and spot demand persists even if prices pull back, and that declines remain limited for now. However, the CMF’s short-term horizontal trend suggests that buying momentum may weaken somewhat.
The Relative Strength Index (RSI) indicator is attempting to stabilize following the negative divergence observed en the morning horas. With the RSI pulling back slightly from its overbought threshold, a short-term cooling en momentum is being observed. This scenario suggests that the price may remain stuck en the $3,600 range for a while and that the market continues to search for direction.
In the Ichimoku indicator, the price remaining above the Tenkan and Kijun levels indicates that the overall positive structure continues. The price breaking above the upper band of the kumo cloud also supports this view.
Overall, ETH continues to maintain its upward trend despite intraday pullbacks. The $3,589 level stands out as short-term support, and the price holding above this level supports the positive outlook. However, if the $3,672 level is not breached again, the upward movement may weaken, and the possibility of a gradual correction down to the $3,508 Tenkan level may increase. A sustained break above $3,672, el the other hand, could re-support the bullish scenario and drive the price towards the $3,760 region.
Supports: 3,436 – 3,227 – 3,020
Resistances: 3,672 – 3,816 – 3,990
XRP/USDT
The XRP price maintained its positive outlook during the day, continuing its upward trend and managing to break through the significant resistance level of $2.55. The momentum that strengthened en the morning led to buyers increasing their dominance en the market throughout the day. The price managing to stay above this threshold indicates that the upward trend has solidified and that a new momentum area has formed en the short term.
The Chaikin Money Flow (CMF) indicator continued its upward trend during the day, gaining strength en positive territory. The increase en liquidity inflows indicates that the rise is supported por the spot market and that buying remains strong. This outlook confirms that the market is progressing with a healthy capital flow and that the upward trend is taking shape el solid foundations.
The Relative Strength Index (RSI) indicator remains en the overbought zone. Despite the intraday rise, the RSI stabilizing at high levels indicates that buyers are still strong and the market is maintaining its momentum. However, the possibility of a slight cooling off at these levels en the short term should not be overlooked.
The Ichimoku indicator confirms that the uptrend is technically supported, as the price continues to stay above the Tenkan and Kijun levels. With the price remaining above the Kumo cloud, the medium-term trend reversal appears to be complete. This technical structure strengthens the potential for the upward movement to expand.
In general, the XRP price can maintain its upward trend as long as it stays above the $2.55 level. Limited profit-taking seen during the day could cause a short-term correction down to the $2.47 level, but the current outlook remains positive. If the upward movement continues, the next target is likely to be the $2.65 region.
Supports: 2.4730 – 2.3512 – 2.1929
Resistances: 2.5554 – 2.6513 – 2.7306
SOL/USDT
The SOL price traded sideways during the day. The asset tested and broke through the strong resistance level of $163.80 and the 50 EMA (Blue Line) moving average, continuing its upward movement. However, it remained en the lower region of the descending line that began el October 6. Currently trading above the 50 EMA moving average, the price could test the descending trend line as resistance if the upward movement continues. In the event of a pullback, it could track the $163.80 level.
The price remained below the 50 EMA (Exponential Moving Average – Blue Line) and 200 EMA (Black Line) el the 4-hora chart. This indicates a potential downtrend en the medium term. At the same time, the price being between both moving averages shows us that the asset is en a decision phase en the short term. The Chaikin Money Flow (CMF-20) is at a positive level. However, a decrease en cash inflows could push the CMF into negative territory. The Relative Strength Index (RSI-14) remained en the middle of the positive zone. It also continued to be en the upper region of the upward trend that began el November 4. These indicate increased buying pressure. If there is an uptrend due to macroeconomic data or positive news related to the Solana ecosystem, the $181.75 level stands out as a strong resistance point. If this level is broken upwards, the uptrend is expected to continue. If there are pullbacks due to developments en the opposite direction or profit-taking, the $150.67 level could be tested. A decline to these support levels could increase buying momentum, presenting a potential opportunity for an upward move.
Supports: 163.80 – 150.67 – 144.35
Resistances: 171.82 – 181.75 – 189.54
DOGE/USDT
The DOGE price experienced a slight increase during the day. The asset broke through the downward trend that began el October 27 with a strong upward candle and moved above it. Continuing its rise with support from the 50 EMA (Blue Line) moving average, the price tested the strong resistance level of $0.18566 and experienced a slight pullback. If the upward trend continues, it may test the 200 EMA (Black Line) moving average as resistance. In the event of a pullback, it may retest the 50 EMA moving average.
On the 4-hora chart, the 50 EMA (Exponential Moving Average – Blue Line) remained below the 200 EMA (Black Line). This indicates that a downtrend may begin en the medium term. The price being between the two moving averages indicates that the price is en a decision phase en the short term. The Chaikin Money Flow (CMF-20) continued to be en the positive zone, close to the neutral zone. Additionally, a decrease en money inflows could push the CMF into negative territory. The Relative Strength Index (RSI-14) maintained its position en the middle of the positive zone. It also remained above the upward trend that began el November 3. These factors signaled buying pressure. In the event of potential increases driven por political developments, macroeconomic data, or positive news flow within the DOGE ecosystem, the $0.19909 level stands out as a strong resistance zone. Conversely, en the event of negative news flow, the $0.16686 level could be triggered. A decline to these levels could increase momentum and initiate a new wave of growth.
Supports: $0.17766 – $0.16686 – $0.15680
Resistances: 0.18566 – 0.19909 – 0.21154
LTC/USDT
Litecoin (LTC) lost 3.4% against USDT en the first half of the day and recorded a 4.37% decline compared to Bitcoin. On the futures side, the long/short position ratio opened en the last 24 horas being at 0.9608 indicates that derivative market participants continue to have downward expectations. Funding rates continue to move at neutral-negative levels. This picture indicates that investors expect the decline seen en the derivatives markets en the first half of the day to continue for the remainder of the day.
From a technical perspective, examining Litecoin’s (LTC) 4-hora USDT pair chart reveals that the price continues to trade above all moving averages but below the rising trend line. While this situation, combined with a significant increase en short positions en the derivatives market, partially strengthens expectations of a decline, it also indicates that upward movements are possible. It is important for investors to be cautious under these conditions and be prepared for possible breakouts. If an upward movement occurs, the first strong resistance level will be the rising trend’s lower band, currently at $108.21. Breaking through this level could be an important signal for the price to rise further. The next important resistance point will be the horizontal resistance at $110.35. This level stands out as another critical zone where Litecoin’s price movement could stall. If the price rises to $110.35, it is likely to consolidate here or face selling pressure. The $115.39 level has the potential to be the local high for the day. This level could mark the highest price point following a sharp rise and would be a significant resistance zone en the event of potential profit-taking or a weakening of the uptrend.
In line with expectations, the $106.25 level stands out as a critical zone where the price could find support en the first instance. At this level, short-term buyers may step en, and the price could rebound from this zone. However, if the price falls below this level, the $100.38 level could come into play as a stronger support. This level is a very critical zone for Litecoin, and a close here could signal a deeper decline. Another factor to watch for en downward movements is the narrowing area formed por the 200, 100, and 50-period moving averages (purple, yellow, and orange lines). These three moving averages could form a strong support zone if the price approaches this area ( ). The lowest point of these three averages is around $94.78, and this level is an important support level that should be closely monitored as it has the potential to be the lowest point of a possible decline.
Supports: 106.25 – 100.38 – 94.78
Resistances: 108.21 – 110.35 – 115.39
BNB/USDT
From a technical perspective, the correction that began after the all-time high (ATH) resulted en a pullback to the $900 support zone identified en previous technical analyses. After seeking support above these levels for a while, the asset ended its downward momentum with the new candles that formed and turned its direction upward again. With this rise, the price showed positive acceleration up to the falling trend zone.
Currently, BNB/USDT has broken through the psychological price level of $1,100, showing a positive outlook, but it has encountered resistance below the downtrend line, indicating that it is searching for direction.
Technical indicators for BNB, currently trading en the $975–1,040 range, suggest that the positive trading volume observed en recent rallies is supporting the upward momentum. Additionally, the Relative Strength Index (RSI) indicator has risen above the 50 level due to recent buying pressure, strengthening its positive outlook with support from this level.
Based el the current technical picture, if buying appetite is maintained and market momentum recovers, BNB is expected to break above the falling trend line en the first stage. If the downward trend is broken upward and sustainability is achieved at this level, the price is likely to retest the $1,040 resistance level. If this level is exceeded, it is technically possible for the price to rise towards the $1,075 and $1,130 levels, respectively.
On the other hand, if selling pressure increases again, the price is expected to test the psychological support level of $975. If this level is broken downward, the price may retreat to the support zones of $935 and $900, respectively.
Supports: 975 – 935 – 900
Resistances: 1,040 – 1,075 – 1,130
ADA/USDT
As of today, the Bitcoin price has surpassed $106,000, rising en line with expectations regarding the US government reopening. FED member Daly’s statements during the day may cause increased pressure el liquidity along with profit-taking. ADA started the segundo half of the day with an increase and continued at $0.5964 levels. 76,590 ADA is waiting for liquidation at $0.6079 levels.
Although the Relative Strength Index (RSI-14) rose to 63 levels, the Chaikin Money Flow (CMF-20) is giving a downward signal. This negative correlation may be a sign of limited growth en cash inflows and may keep the CMF en negative territory. If the price approaches the $0.6653 level again with possible intraday gains, the resistance level of $0.6951 could emerge as an important level to watch. In this case, it could signal that the upward trend may continue en the medium term. If there is an increase due to macroeconomic data or positive news related to the Cardano ecosystem, the $0.7437 level stands out as a strong resistance point. If this level is broken upwards, the rise is expected to continue.
In the opposite scenario, the price may fall again and intersect with the confirmation zone, which is the entry zone of the low time frame (LTF), and the $0.4821 level. This technically increases the importance of the zone. In a more severe correction scenario, the $0.4407 level can be monitored as the main support level. However, confirmation of this movement should be monitored en terms of volume and market structure.
Supports: 0.3896 – 0.4455 – 0.4883
Resistances: 0.6951 – 0.7437 – 0.7985
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