Achain narxACT

To identify the key support and resistance levels for $MXNA, you'd typically look at historical price data and chart patterns. Here’s how you can determine these levels: 1. Support Levels: These are price points where the coin tends to stop falling and may bounce back up. To find support levels, look for: - Historical lows: Check where the price has previously bottomed out. - Psychological levels: Round numbers (like $0.50, $1.00) often act as support. - Moving averages: Short-term and long-term moving averages can also serve as support levels. 2. Resistance Levels: These are price points where the coin has difficulty rising above. To find resistance levels, look for: - Historical highs: Identify where the price has previously peaked. - Psychological levels: Just like support, round numbers can also act as resistance. - Trend lines: Draw lines connecting previous highs to see where the price might struggle to break through. To get the most accurate support and resistance levels for $MXNA, you would need to analyze the latest price charts available on trading platforms or cryptocurrency analysis tools. If you have access to a price chart, you can visually identify these levels by looking for areas where the price has reversed direction multiple times. If you have specific price data or a chart, I can help you interpret it!

$GPS Uptrend Identified: The chart is forming higher lows, signaling an uptrend with strong bullish momentum. The price is maintaining support above the upward-sloping trendline. The recent price level of $0.07603 reflects a healthy consolidation after a sharp upward move. Key Levels Resistance: The immediate resistance is around $0.09123, which is the recent swing high. A breakout above this level could push the price further upward. Support: The upward trendline and MA20 ($0.07501) act as support. If breached, the next strong support is near $0.070. Indicators RSI (Relative Strength Index): Current RSI values (6: 48.68, 12: 52.33, 24: 53.80) suggest neutral to mildly bullish momentum. There is room for further upside before entering overbought conditions. Moving Averages: The price is trading between MA5 ($0.07558) and MA10 ($0.07792), reflecting short-term consolidation within the uptrend. Volume Analysis: If volume increases near resistance, it could signal a breakout. Conversely, a drop in volume may suggest a lack of buying pressure. Potential Scenarios: Bullish Breakout: If the price breaks above $0.09123 with strong volume, the next resistance zone could be around $0.10 or higher. Pullback and Retest: A retest of the trendline or MA20 support could occur before resuming the upward trend. Reversal Risk: A break below $0.07501 (MA20) could invalidate the uptrend, leading to a move toward $0.070 or lower. Trading Strategy For Buyers: Look for a breakout above $0.09123 or consider buying at the trendline support near $0.075 if volume confirms strength. For Sellers: Watch for rejection at $0.09123 or a breakdown of the trendline to short with targets near $0.070.

$GPS Coin Still Bullish In Up Trend;- From the 1-hour chart of $GPS /USDT that you shared, here’s an analysis based on the trend, resistance, and RSI: Trend Overview Uptrend Identified: The chart is forming higher lows, signaling an uptrend with strong bullish momentum. The price is maintaining support above the upward-sloping trendline. The recent price level of $0.07603 reflects a healthy consolidation after a sharp upward move. Key Levels Resistance: The immediate resistance is around $0.09123, which is the recent swing high. A breakout above this level could push the price further upward. Support: The upward trendline and MA20 ($0.07501) act as support. If breached, the next strong support is near $0.070. Indicators RSI (Relative Strength Index): Current RSI values (6: 48.68, 12: 52.33, 24: 53.80) suggest neutral to mildly bullish momentum. There is room for further upside before entering overbought conditions. Moving Averages: The price is trading between MA5 ($0.07558) and MA10 ($0.07792), reflecting short-term consolidation within the uptrend. Volume Analysis: If volume increases near resistance, it could signal a breakout. Conversely, a drop in volume may suggest a lack of buying pressure. Potential Scenarios: Bullish Breakout: If the price breaks above $0.09123 with strong volume, the next resistance zone could be around $0.10 or higher. Pullback and Retest: A retest of the trendline or MA20 support could occur before resuming the upward trend. Reversal Risk: A break below $0.07501 (MA20) could invalidate the uptrend, leading to a move toward $0.070 or lower. Trading Strategy For Buyers: Look for a breakout above $0.09123 or consider buying at the trendline support near $0.075 if volume confirms strength. For Sellers: Watch for rejection at $0.09123 or a breakdown of the trendline to short with targets near $0.070.

$GPS Uptrend Identified: The chart is forming higher lows, signaling an uptrend with strong bullish momentum. The price is maintaining support above the upward-sloping trendline. The recent price level of $0.07603 reflects a healthy consolidation after a sharp upward move. Key Levels Resistance: The immediate resistance is around $0.09123, which is the recent swing high. A breakout above this level could push the price further upward. Support: The upward trendline and MA20 ($0.07501) act as support. If breached, the next strong support is near $0.070. Indicators RSI (Relative Strength Index): Current RSI values (6: 48.68, 12: 52.33, 24: 53.80) suggest neutral to mildly bullish momentum. There is room for further upside before entering overbought conditions. Moving Averages: The price is trading between MA5 ($0.07558) and MA10 ($0.07792), reflecting short-term consolidation within the uptrend. Volume Analysis: If volume increases near resistance, it could signal a breakout. Conversely, a drop in volume may suggest a lack of buying pressure. Potential Scenarios: Bullish Breakout: If the price breaks above $0.09123 with strong volume, the next resistance zone could be around $0.10 or higher. Pullback and Retest: A retest of the trendline or MA20 support could occur before resuming the upward trend. Reversal Risk: A break below $0.07501 (MA20) could invalidate the uptrend, leading to a move toward $0.070 or lower. Trading Strategy For Buyers: Look for a breakout above $0.09123 or consider buying at the trendline support near $0.075 if volume confirms strength. For Sellers: Watch for rejection at $0.09123 or a breakdown of the trendline to short with targets near $0.070.

$BTC EU’s new ‘DORA’ rules come into effect: What does it mean for crypto? Europe’s Digital Operational Resilience Act now applies to crypto businesses, expanding MiCA’s scope and requiring firms to enhance cybersecurity and risk management. Cryptocurrency businesses in the European Union are subject to new cybersecurity regulations as the Digital Operational Resilience Act (DORA) takes effect on Jan. 17. DORA impacts cybersecurity and resilience practices by virtual asset service providers (VASP) in the region. To comply with DORA, financial entities in the EU are required to have a comprehensive register of their contractual arrangements with third-party IT service providers to ensure safe infrastructure and risk management. The new DORA regulations further expand the EU’s Markets in Crypto-Assets Regulation (MiCA), aiming to improve resilience against disruptions such as cyberattacks and IT failures, ultimately targeting stronger investor protection and market integrity. DORA has a significant impact on MiCA-licensed firms Matt Sullivan, deputy general counsel and head of Ireland at the crypto infrastructure firm MoonPay, said that DORA has a significant impact on MiCA-licensed crypto firms.