Famous ETF expert reveals Bitcoin’s next move, will SOL, XRP, ONDO, CYBRO turn into an upward price pattern?

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A prominent ETF strategist has made a definitive statement on Bitcoin’s trajectory, capturing the attention of investors around the world. As the hype around the 2024 bull market increases, market enthusiasts are eagerly watching for potential breakthroughs in cryptocurrencies such as his SOL, XRP, ONDO, and CYBRO. This analysis comes at a pivotal moment and promises to analyze signals and trends that could shape the future of these coins. The insights revealed could be important for those looking to navigate the rapidly evolving cryptocurrency market.

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Solana struggles to regain momentum amid market volatility

SOL prices have increased significantly. Over the past week, the coin has fallen by around 6.78%. Looking back at the past month, it has fallen by 28.40%. However, if you look at the 6-month period, you will see a significant increase of 248.99%. SOL is currently trading between $127.30 and $154.40. This move signals a possible correction as the price moves below the immediate resistance at $170.79, supports at $116.59, and further down at $89.49. Technical indicators suggest cautious optimism. The RSI is above 60 and the MACD is positive, but the stochastics suggest an overbought situation, which could lead to a short-term price retracement.

XRP price fluctuates between $0.4881 and $0.5519. It is currently closer to the resistance level at USD 0.5938 than the support level at USD 0.4662. Over the past week, the coin has seen a modest decline of 0.739%. Looking further back, XRP’s value decreased by 14.40% in the past month and by 14.62% in the past 6 months. While the coin’s short-term movement suggests an impulsive trend, long-term data indicates a correction phase. With the RSI below 65 and the stochastic reading high, there may be some momentum left. However, it will be important to note whether the next resistance level at $0.5938 can be broken or if the price will correct towards support above it.

Ondo virtual currency price fluctuation and prediction

The value of Ondo has changed greatly. Currently, the coin price is between $0.70 and $0.89. In a short period of time, the price fell slightly by about 5.46%. Last month saw an even bigger drop of 12.02%. However, if we look back 6 months ago, the price has skyrocketed by more than 2500%. Currently, the trend appears to be slowing down, but still rising (positive). The coin is currently close to $1.00, the price at which sellers are likely to enter, and if it falls, it could find buyers around $0.62. Those studying price patterns note that Ondo’s RSI is near 64.75, suggesting it is already heavily bought, and the stochastics are at 87.22, suggesting it is actually quite bought. Therefore, we believe that Ondo may cool down a bit soon. However, the MACD is close to 0.01, so you can see that it is pretty stable now. If we look at the average price over the past few days and over a longer period of time, such as 100 days, it is close to $0.79 and $0.76, indicating that the recent price movements of this coin have not been too volatile.

conclusion

A prominent ETF expert predicts the next direction for Bitcoin and draws attention to current market trends. Despite the 2024 bull market, cryptocurrencies such as SOL and XRP and new coins such as ONDO may lose momentum in the short term. In contrast, CYBRO stands out as a unique participant with a platform set to leverage revenue opportunities within the Blast blockchain. The launch of CYBRO’s marketplace is scheduled for his second quarter of 2024, making it a lucrative option for those who want to get involved early. Interested parties should consider the pre-sale of CYBRO tokens as this could be an opportunity to get ahead of wider market recognition.

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