#GALA

After its great growth, it has now reached a resistance zone and there is a possibility of a price drop.

⚡️MARKET MOVEMENT⚡️

The fallout from the FTX and Alameda Research collapse continued to dominate.

Total adjusted on-chain volume decreased by 44.6% to $144B (BTC: -41.1%, ETH -49.6%):

#GAL recently made its All-Time low near about $0.96 and shifted the market structure to the upside and reached the resistance zone around $1.142 - $1.150. Price is expected for a deep pullback at the flip level around $1.07. A confluence is added with the trendline, so wait the setup & confirmations.

#BCH

The price is close to the resistance area, and there is a possibility of reaction to the resistance and price decline.

Volume is coming back to the market

⚡️MARKET MOVEMENT⚡️

Coinmetrics estimates ( removing likely change outputs) that $8.2T was transferred the Bitcoin blockchain in 2022, averaging $260,000 per second

#CHR trading in the consolidation range between the structural support around $0.1029 - $0.1053 and strong resistance around $0.1227 - $0.1249. Currently, price is on the verge to retest back to resistance.

#LTC

It reached the resistance of $83-85 and could not cross it. Due to the breaking of the dynamic support, there is a possibility of the price falling to the dynamic support specified in the chart.

Morgan Stanley's target for the $SPX is now 3000

They want the markets to crash another 20%

They also urging investors not to buy the dip they sound scared

⚡️MARKET MOVEMENT⚡️

As the FTX/Alameda entity collapsed, a sharp drop in liquidity emerged across all markets, as measured by 2% market depth

#SOL

The price reached the resistance zone, but did not cross it. In addition, we see a negative divergence, which will be a sign of a downward trend.

#Bitcoin Mining Revenue By Month

The revenue of #Bitcoin Miners significantly decreased in 2022 amid the falling $BTC price.

#Zilliqa

The price has reached the support zone. If the support is broken, the price is likely to return to the previous price floor. if the Support continues, the next target for price is $0.03300.

⚡️MARKET MOVEMENT⚡️

More than $30bn was invested in crypto startups by venture investors in 2022 across 2900 deals

#MASK

Now the price is facing the support of 2.5-2.62 dollars. We are looking for new entries. The main resistance is the $4.10-4.30 zone.

#ACA      

Buy : 0.1135 $

Targets : 0.120 - 0.134 - 0.150 - 0.170 $

Stop Loss : 0.1040 $

Exchange : #Binance

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#TechnicalCryptoAnalyst