What to know:
- Bitcoin’s had a bit of a comeback episode, you know-those $80k-$83k support zones are so 2020. Now it’s all glitter and sparkles at $93,100 💸.
- XRP has danced above the Ichimoku cloud… but is that just a fling? The $2.28-$2.30 resistance is throwing a glowing red party 🌪️.
- Ether’s playing dress-up with that bear trap-was that a breakdown or a dejà vu party? Buyers are the life of the party now, eyeing $3,100 like it’s the last shrimp at the buffet 🦂.
- SOL is toying with its sideways channel… casually strutting towards $145. Break that line and watch the crypto playground hyperinflate to $165 🚀.
This is a technical analysis post by CoinDesk’s resident crypto mystic, Omkar Godbole. GPS: Technical analysis activated. And no, we’re not collective bargaining with the market gods.
Bitcoin’s bounce from the $80k-$83k support zone reads like a rom-com reunion. It peaked at Friday’s $93,100, now staring at the Oct. 8 trendline like a suspicious ex-text. Breakout? Potential. Collapse? Only if MACD loses its filter. 🐾
Consolidation? More like a tea break. Hourly MACD’s got all the energy of a Sunday Netflix binge-low bars, zero momentum. But daily MACD’s still throwing out rainbows. Who could resist? 💅
Downside? Bulls better rally like it’s Wednesday Night Football. That $80k-$83k zone isn’t just a support level-it’s a weight room for skeptics 💯.
XRP
has once again flirted with the $2 support… but now it’s flouncing above the Ichimoku cloud like a diva. The $2.28-$2.30 resistance is riling up the crowd-will it dance past $2.50 or crash back to $2 like a bad breakup? 🥂
ETH
Ether’s hourly chart is a masquerade ball-a bear trap in disguise! The price action fake-broke those channels last Friday, then moonwalked back up. Buyers are now primed for $3,100 or that $3,500 low from Oct. 10 (very 1990s). Support at $2.6k? More like “emotional baggage” 😉.
SOL
Solana’s bounding up that sideways channel like a caffeinated squirrel. $145 is the party line-break it and you’re nominated for crypto MVP who reaches $165. MACD? Taking it slow, but daily charts scream “plot twist” 🎩.
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2025-12-03 08:39