Search results for cup pattern
Crypto
Cardano down 75 percent, but analyst says $4 possible in next bull market
Cardano has given back most of its earlier gains after a sharp drop, but some analysts say its long-term weekly chart still leans bullish. One analyst said investors are missing an opportunity by focusing on short-term volatility. The analysis points to a bullish cup pattern and a multi-year trading range that has held since 2022. Price targets cited include $1.01 and, in the next bull market, about $4, provided support near $0.235 holds.
Crypto
XRP must top $1.53 to confirm breakout; on-chain signals warn of selling pressure
XRP has room for further gains on technical charts, but on-chain indicators point to selling pressure that could block a breakout. XRP is testing the top of a falling channel and hovering near the 20-day and 50-day exponential moving averages around $1.40 to $1.41, with a cup-and-handle pattern forming. Exchange net position change surged, and about 1.16 billion XRP is clustered at $1.45 to $1.46, creating resistance.
Finance
Silver seen at $100; options turn bullish, futures market still cautious
Silver is entering a technical breakout zone around $77 an ounce, raising the possibility of a triple-digit price. An analysis cited by BeInCrypto pointed to a cup pattern on the 12-hour chart and potential upside. The move is linked to a post-ceasefire drop in oil and a weaker dollar index. Options indicators show stronger call buying, while futures spreads remain in contango, suggesting limited urgency for physical delivery.