chart analysis Archives - Coin Engineer

Bitcoin Gains Momentum: Is a New All-Time High Coming?

Yigit Taha OZTURK — Fri, 11 Jul 2025 11:00:16 +0000

Markets are heating up again, and all eyes are on Bitcoin, which had been moving sideways within a narrow range for weeks. Investors looking for a breakout finally got what they were waiting for.

As previously highlighted, the 110,500 – 109,809 dollar range marked a critical FVG (fair value gap) zone. This area has now proven to be a reliable support, triggering a strong upward move. Bitcoin reacted exactly as anticipated, launching a solid bullish trend.

Strong Momentum Signals Potential ATH

This is more than just a temporary bounce. The current surge is backed by solid momentum, with technical indicators and trading volume pointing towards continued strength. With this pace, a series of new all-time highs (ATH) may be on the horizon in the coming days.

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Key Support to Watch

If there’s a correction ahead, the next reliable support lies between 114,380 and 113,800 dollars. Holding this level is crucial for maintaining the current bullish trend. As long as Bitcoin stays above it, the outlook remains positive.

BTC/USD pair 4-hour chart.

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SUI Breaks the Downtrend: Is a New Rally on the Horizon?

Yigit Taha OZTURK — Thu, 03 Jul 2025 12:00:37 +0000

While the cryptocurrency markets continue to move in a volatile pattern, some altcoins are beginning to signal potential bullish momentum. One of the standout names making waves recently is SUI, drawing renewed interest from investors after a significant technical breakout.

The break above the descending trendline on the 4-hour chart may be an early sign of a stronger upward movement for SUI.

Downtrend Broken, Resistance Levels Falling One by One

Following the breakout, SUI surpassed the crucial $2.88 resistance level and climbed all the way to $3. This move not only broke a psychological barrier but also signaled potential for further upward price action. If $2.88 now holds as support, it could lay the foundation for a sustained bullish move.

Is the $3.25 Target Within Reach?

All eyes are now on the $3.19–$3.25 price band. Given the current momentum and technical structure, a move towards this range appears plausible. However, this scenario depends heavily on whether the $2.88 support level holds.

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If SUI fails to maintain that support, a pullback toward the previously broken trendline is likely. As such, the $2.88 level remains a critical threshold in the short term.

SUI/USDT pair 4-hour chart.

Market Sentiment Adds Fuel to the Fire

A general recovery across the crypto market is further supporting technically strong coins like SUI. Trend breakouts often serve as early indicators of larger bullish runs, and SUI seems to be aligning with that narrative.

Investors would be wise to keep a close eye on key technical levels to properly assess and seize potential opportunities.

The post SUI Breaks the Downtrend: Is a New Rally on the Horizon? appeared first on Coin Engineer.

XRP at a Crossroads: Breakout or Breakdown?

Yigit Taha OZTURK — Wed, 14 May 2025 18:30:51 +0000

As the crypto market continues to deliver unpredictable swings, some assets are displaying precise reactions at key technical levels. In such scenarios, identifying support and resistance behaviors becomes crucial for market participants.

Rejected at Resistance, Pullback to Support

Earlier this week, XRP surged from the bullish FVG zone highlighted in our previous analysis and climbed all the way to the 2.65$ resistance. However, it was sharply rejected at this level, marking a textbook resistance reaction. The price has since retraced to its support zone, once again testing the market’s appetite for risk.

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If this current support breaks, a deeper move towards 2.46$ is highly likely. This zone will be a key battleground between bulls and bears.

A Potential New High in Sight?

Not all signals are bearish, though. A strong bounce from the support area could ignite fresh bullish momentum. Should buyers step in with volume, XRP might aim for a new local high, with 2.65$ becoming the first upside target once again.

The coming sessions are critical, with 2.46$ as support and 2.65$ as resistance forming the immediate technical framework for XRP traders.

XRP/USDT pair hourly chart.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post XRP at a Crossroads: Breakout or Breakdown? appeared first on Coin Engineer.

Trump Coin Shows Strong Rebound After Losing Key Support

Yigit Taha OZTURK — Wed, 14 May 2025 14:30:00 +0000

The crypto market never lacks surprises, especially when it comes to tokens linked to high-profile figures. Trump Coin has recently grabbed attention again, showing impressive price action around a critical support zone.

Sharp Rebound After Losing 13$ Support

Our previous analysis indicated a key support level between 13.45$ – 13$, which was broken downward. Following that move, Trump Coin began approaching the targeted 12.10$ – 11.30$ region. Yet, without fully touching this zone, it bounced back with strong momentum, signaling bullish intent.

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The rebound led to a recovery of the resistance level, pushing the price toward the 14$ mark. Should this level be broken decisively, the next target on the radar is 15.50$. This implies a potential upward move of 13%, offering short-term opportunities for traders.

Traders Watching 15.50$ Target

For short-term investors, the 14$ level serves as a crucial resistance. A breakout here could mark the beginning of a new uptrend for Trump Coin. Technical indicators are beginning to reflect this bullish potential with increasing conviction.

TRUMP/USDT pair hourly chart.

The post Trump Coin Shows Strong Rebound After Losing Key Support appeared first on Coin Engineer.

Bitcoin At A Crossroads: Breakout Or Breakdown?

Yigit Taha OZTURK — Tue, 13 May 2025 17:00:54 +0000

Sometimes, the crypto market feels unusually quiet — but that calm often precedes major moves. We are in such a phase right now. All eyes are on Bitcoin as it tests a bearish Order Block zone on the hourly chart.

This zone has previously acted as a strong resistance level, where selling pressure intensified. Now, Bitcoin is once again challenging it, and the market awaits either a breakout or rejection.

Target Ahead: 105,806$

Should Bitcoin manage to break above this zone with strong volume, the next key resistance lies at 105,806$. A successful breakout could signal renewed bullish momentum and shift broader sentiment across the crypto space.

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Caution: Rejection Could Trigger 102,794$ Pullback

However, if BTC faces a strong rejection at this level, the first downside target would be the 102,794$ support. A break below this level could pave the way for a deeper correction.

BTC/USDT pair hourly chart.

Traders are advised to closely monitor volume and candlestick patterns. The price action in this zone could set the tone for the days ahead.

The post Bitcoin At A Crossroads: Breakout Or Breakdown? appeared first on Coin Engineer.

HBAR at a Critical Level! Which Levels Are Key for a Breakout?

Yigit Taha OZTURK — Mon, 24 Feb 2025 16:00:27 +0000

The HBAR/USDT pair continues to move within a downtrend on the 4-hour chart. Recent price action shows that a candle has moved above the descending trendline, but a confirmed breakout has not yet occurred. This uncertainty means that the market has not yet provided a clear signal for trend reversal. At the same time, the price appears to have been rejected from the first resistance level, the order block zone.

Such rejections often indicate strong selling pressure at key resistance levels, playing a crucial role in determining the market’s direction. If the price faces significant resistance at this level and starts declining again, the chances of a downward move will increase. However, breaking above this level would be a strong indicator of bullish momentum.

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Key Support and Resistance Levels for HBAR

If the price closes above the order block level, the chances of an upward continuation will strengthen. In this scenario, the next significant resistance level to watch is $0.245. If this level is successfully breached, the next target for HBAR could be the broader order block zone. Traders should closely monitor this area to determine potential take-profit levels in case of a breakout.

HBAR/USDT pair 4-hour chart.

However, if the price falls back inside the descending trend and remains there, downside risks could increase. In this case, the first crucial support level stands at $0.20. This level has historically been an area of high buying interest. If this support fails, selling pressure could intensify, potentially pushing the price down to $0.17.

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