Bluefin KursBLUE

#BTC Bitcoin is not quite ready just yet to Daily Close inside the blue-blue Range to begin the reclaim process But still clustering just beneath the key level of ~$117200 (blue) As long as BTC stays above $114k then price progression remains likely $BTC #Crypto #Bitcoin

#BTC Update The blue resistance zone has been broken, turning into support. The market performance has not met expectations, so we added to our short position at a high level, raised our purchase price, and closed the short trade when the price reached near our purchase price. The FOMC meeting is approaching, which means significant volatility is imminent, so please be sure to manage your risk! Currently, the price is testing the yellow support zone again, and I believe we could continue higher from here. If the yellow support zone and the yellow turning point are broken again, we should be wary of a deeper correction.$BTC

Bitcoin uptrend retests $117,000, underpinned by steady ETF inflows and optimism ahead of a widely expected Federal Reserve interest-rate cut. Ethereum lags recovery despite holding support at $4,500, reflecting downturn in ETF inflows. XRP falls toward the $3.00 support level, but a relatively high Open Interest suggests the short-term bullish potential remains intact. Bitcoin (BTC) exhibits subtle bullish potential, trading marginally below $117,000 at the time of writing after pulling back from an intraday high of $117,286. The uptick in price can be attributed to several factors, including steady United States (US) Exchange Traded Funds (ETF) inflows and growing optimism that the Federal Reserve (Fed) could deliver an interest rate cut later on Wednesday. The rest of the cryptocurrency market remains on edge, with Ethereum showing stability above its $4,500 support but lacking immediate catalysts for a steady rebound toward the $4,956 all-time high. Meanwhile, interest in Ripple (XRP) remains relatively high, with the futures Open Interest holding above the $8 billion mark.  Data spotlight: Bitcoin bulls eye short-term breakout as ETF inflows steady Institutional demand for Bitcoin through ETFs has steadily increased since September 8. SoSoValue data shows that BTC ETFs extended the inflow streak for seven consecutive day with approximately $292 million net streaming in on Tuesday.  If demand for Bitcoin ETFs increases in the coming days and weeks, it will back the coin's bullish potential for a breakout toward its record high of $124,497.5 reached on August 14. Ethereum, on the other hand, is experiencing a slowdown in ETF inflows, suggesting that risk-off sentiment is taking hold as the token approaches its record high. Outflows from ETH spot ETFs in the US averaged nearly $62 million on Tuesday, marking a break in a five-day streak of inflows into these products.  Persistent outflows or suppressed inflows could dampen Ethereum's short-term bullish case. ETF performance is worth monitoring, considering the role institutional demand played in the most recent rally to $4,956. Meanwhile, retail demand for XRP remains relatively high, with the futures Open Interest (OI) averaging at $8.47 billion on Wednesday, up from $7.37 billion on September 7. A steady OI, referring to the notional value of outstanding futures contracts, indicates that more traders are betting on short-term price increases in XRP. As risk-on sentiment improves, the path of least resistance remains upward, increasing the chances of the XRP price breaking out to its record high of $3.66, reached on July 18. Chart of the day: Bitcoin upholds bullish structure  Bitcoin trades between an intraday high of $117,286 and a low of $116,160 at the time of writing on Wednesday, ahead of the much-anticipated Federal Reserve interest-rate decision. The consensus is for a 25-basis-point cut, which would bring the interest rate in the US to a range of 4.00% to 4.25%. According to the CME Group's FedWatch tool, the odds stand at 96% in favor of a 25 bps cut.  Lower interest rates often encourage investment in riskier asset classes, such as cryptocurrencies and equities. Therefore, lower rates could boost investor interest in digital assets in the fourth quarter. Investors should consider the daily chart's bullish Moving Average Convergence Divergence (MACD) when trading Bitcoin. A buy signal, which occurs when the blue MACD line crosses and remains above the red signal line, has remained active since September 7 and supports a bullish outcome in the short term. The steady recovery of the Relative Strength Index (RSI) from 37 to 60 in late August indicates that bullish momentum is building. Higher RSI readings, approaching overbought territory, underpin rising demand for BTC as the price rebounds. Still, traders should temper their bullish expectations until BTC confirms the direction of the trend following the Fed's interest-rate decision. A correction below the $116,000 level could bring the 50-day Exponential Moving Average (EMA) at $113,650 and the 100-day EMA at $111,492 within reach. Altcoins update: Ethereum, XRP struggle near key support  Ethereum holds around the $4,500 level, following nearly a 6% pullback from its previous week's peak of $4,766. The downtrend in the RSI, from 64 to 54, implies fading bullish momentum. If the RSI extends the pullback below the midline, the chances of Ethereum sliding to test the 50-day EMA at $4,211.56 would increase significantly. Still, Ethereum buyers could defend the bullish case if a significant reversal occurs from the short-term $4,500 support. From here, the next key level is the area around $4,800, leading up to the record high of $4,956. As for XRP, it remains above $3.00 after correcting from last week's high of $3.186. The RSI at 53 is pointing toward the midline, which supports a scenario where bullish momentum continues to fade ahead of the Fed interest-rate decision. In addition to the demand at the $3.00 mark, reinforced by a descending trend line, the 50-day EMA at $2.947 is poised to absorb the selling pressure if the pullback persists. Beyond this level, the 100-day EMA at $2.821 and the 200-day EMA at $2.574 could prevent a full-blown sell-off. Still, the MACD indicator backs XRP's short-term bullish case, maintaining a buy signal since September 8. Investors will consider increasing their exposure to XRP with the blue MACD line remaining above the red signal line. Bullish targets are the $3.35 level, which was previously tested on August 14, and the record high of $3.66. $BTC $ETH $XRP

I think it's the right time to execute some of the safest buys in crypto! $XRP is the first in the list, looking strong enough locally to hold this $2.9 - $3 support and run to new highs! I buy a bag in the blue zone, I am eyeing new ATH as the main target!

INTRODUCTION When people look at the price of a coin like Portals they often see only numbers going up and down. But behind those numbers there are patterns that help traders know when to buy or sell. These patterns are called support and resistance. Support is like the floor that holds the price when it tries to fall. Resistance is like the ceiling that stops the price when it tries to rise. Knowing these levels helps investors understand the strength of a coin and the possible future direction. WHAT IS SUPPORT Support is the point where the price often stops falling and begins to rise again. It shows that many buyers are ready to step in at that level. For Portals the recent support zone was around 0.18 USDT. This means when the price dropped close to that level buyers came in to push it back up. Support is important because it tells us the lowest point where the market feels safe to buy. If support breaks it can cause a sharper fall. WHAT IS RESISTANCE Resistance is the opposite of support. It is the point where the price often stops rising and begins to fall. This happens because many sellers choose to take profit there. For Portals the recent resistance was around 0.27 to 0.30 USDT. When the price went near this level it could not stay long and quickly pulled back. This tells us that sellers are still strong at this point. If the price breaks through resistance with strong volume it means buyers are gaining power. WHY THESE LEVELS MATTER Support and resistance are like signals on the road. They tell traders where to slow down and where to speed up. For a coin like Portals which has shown huge growth in a short time these levels are more important because they guide both short term and long term decisions. Traders can use them to set entry points and exit points. Investors can also use them to know when to hold and when to reduce risk. FUTURE VIEW If Portals can hold above the 0.18 support level it shows the coin has built a solid base. The next goal would be to try and break past the 0.27 to 0.30 resistance zone. A clear break above this level with strong trading volume could open the way to higher prices and maybe even new highs. But if the coin falls below support it might test lower levels before trying again. Support and resistance are simple but powerful tools. They help to explain why the price of Portals moves the way it does. By watching these levels traders can avoid random guesses and make better choices. For now the key levels to watch are 0.18 as support and 0.27 to 0.30 as resistance. Keeping an eye on these points will give anyone a clearer picture of what Portals may do in the coming days. Blue line (0.18) shows support. Orange line (0.27) shows first resistance. Red line (0.30) shows strong resistance. $PORTALS $BTC $XRP $BGB $PI