Zak Mir delves into the world of digital assets, analyzing the more bullish charts. The video provides insights on various cryptocurrencies including ACA, DOGE, Fetch AI, Golem, Multi, Met Rapes, NVA, Numbers, Optimus, Perpetual, and more. Emphasizing technical analysis, the video discusses potential price movements, support levels, and targets for these cryptocurrencies based on their current trends and historical data. The speaker outlines key resistance and support levels, showcasing potential price appreciation scenarios for the discussed cryptocurrencies.
Key Insights:
– ACA’s Rising Trend: ACA displays a wide Rising Trend Channel with a target of 20 cents. The speaker highlights the importance of staying above 12 cents for upside potential, considering the recent breakout above neckline resistance.
– DOGE’s Spectacular Performance: DOGE is discussed as one of the most spectacular cryptos, with targets set at $25 by the end of the month. The analysis indicates a potential new target towards $170, showcasing significant price appreciation potential.
– Fetch AI’s Potential: Fetch AI is identified with a rising Trend Channel aiming towards $3 by the end of the month. The speaker mentions near-term support around $1.50-$1.60, emphasizing a potential bullish outlook for the cryptocurrency.
– Golem’s Exciting Trend: Golem’s chart reflects an exciting wide Rising Trend Channel targeting $15. The importance of staying above the mid-50 cents range for support is highlighted, projecting a potential target of $1.05 later in the month.
– NVA and Numbers Analysis: NVA is discussed in the context of a potential broadening triangle base, aiming for a close above the 50-day moving average for further upside. Numbers showcase a breakout above previous targets, with potential progress towards 17 cents defined by the upper parallel of a broadening triangle.
– Optimus and Perpetual Outlook: Optimus is viewed within a wide Rising Trend Channel, with resistance around 31 cents indicating a potential move towards 57 cents. Perpetual’s rising Trend Channel suggests a possible move up to $260 by the end of the month following a breakout above $160.
– Sophie’s Broadening Triangle Base: Sophie presents a broadening triangle base aiming towards 4 cents, with optimism surrounding a move above the 50-day moving average around 1.8 cents. The analysis suggests a potential rise to 4 cents based on current trends.
– Cisco and Theer Analysis: Cisco is identified with a rising Trend Channel targeting 42 cents by the end of the month while holding above 20 cents. Theer showcases a bull flag breakout within a rising Trend Channel aiming for $310 by maintaining levels above $2.
– XYO’s Potential: XYO is discussed within a Rising Trend Channel aiming for two cents by the end of the month. The speaker highlights the importance of staying above one cent for continued bullish momentum.
This video provides a detailed technical analysis of various cryptocurrencies, outlining potential price movements and targets based on historical trends and current market conditions.
