Complete Gate Post tasks to upgrade your rank

Credit Ranking

[//]:content-type-MARKDOWN-DONOT-DELETE
![](https://gimg2.gateimg.com/blog/1679447253155655279redian.jpeg)

The article is reprinted from the daily market overview of W-Strategy who is a guest streamer of Gate.io, a senior strategy analyst of cryptocurrency, and the founder of Wcollege. The article will analyze daily main token trends, short-term strategies, and long-term strategies for you in 3 minutes.

*The article is the original content of W-Strategy. Gate.io is only for reprint and distribution, and the copyright belongs to the author himself.

## BTC
Concise Comment: <a href="/price/bitcoin-btc" target="_blank" class="blog_inner_link">Bitcoin</a> has recently reached its all-time high in the past year, with a significant increase in volume. There is still a chance for a final upward wave in the quarterly cycle, with price targets at $36,500 and $41,550. It is recommended to maintain a conservative long position if it breaks and stabilizes above the $30,750 level.

## BCH
Concise Comment: BCH benefits from being included in the four major cryptocurrencies supported by the Wall Street EDX exchange. The short-term rebound target is $267.17, but it needs to hold the support level at $210.83.

## ETH
Concise Comment: It is important to follow the quarterly average strategy. In the short term, there is resistance around $1,936.4, and there is still a need for a pullback. If it holds above the $1,804 level, a sustained upward movement is possible. The long-term strategy should wait for a retest of the $2,000 level before considering a shift from bearish to bullish.

## GT
Concise Comment: GT has been a potential dark horse among centralized exchanges this year, leading in terms of price increases among major cryptocurrencies and platform concepts. It ranks among the top three Asian exchanges and still has a relatively low market value. The daily chart shows a large symmetrical triangle pattern, with a bullish long-term target mentioned during live broadcasts. The future outlook is promising. In the short term, it is crucial to hold the $3.9220 level.

## BNB
Concise Comment: The four-hour chart of <a href="/price/bnb-bnb" target="_blank" class="blog_inner_link">BNB</a> indicates an upward trend as expected. The short-term support level to watch is $230.15, and the initial target is $255.15. Although the rebound volume is still weak, it is important to maintain strong support at $220.20.

## EOS
Concise Comment: <a href="/price/eos-eos" target="_blank" class="blog_inner_link">EOS</a> has reached its all-time high since 2018 at $24.12. The weekly chart has fallen to the lowest level in five years, closing at $0.6226. The next support levels are $0.6045, $0.5530, $0.5156, $0.4900, $0.4623, $0.4314, and a bottom price of $0.3770. A short position strategy with a favorable risk-reward ratio can be considered.

## ID
Concise Comment: The four-hour ID chart shows a perfect upward trend, reaching two targets at $0.33200 and $0.36099. The short-term rebound is over, and a continuous pullback is expected. It is crucial to hold the support level at $0.27650. If it doesn't break, we may see a further upside toward $0.39200.

## XRP
Concise Comment: <a href="/price/xrp-xrp" target="_blank" class="blog_inner_link">XRP</a> has a bullish moving average configuration, indicating a short-term upward trend. However, the risk outweighs the profit at the moment, so it is important to watch the support level at $0.4750. A strategy with a risk-reward balance can target the final wave at $0.5950, but conservative investors are advised to continue observing. The next support is at $0.4635, with a weak volume.

## LTC
Concise Comment: The halving event has concluded, and the bullish trend is losing momentum. It is important to monitor the $81.05 support level closely, and a further upward move can target the resistance at $120.15. In the past week, there has been a pullback to the $90 level, forming a bullish inverse head and shoulders pattern. Strictly maintain the $83.71 support level.

## TRX
Concise Comment: The daily chart of TRX shows gradual bottoming, and there is still room for a short-term pullback. Key support levels are $0.07162 and $0.06455, with weekly support at $0.06328. If the volume continues to rise along with the overall market, the targets to watch are $0.09450 and $0.10450.

## OKB
Concise Comment: <a href="/price/okb-okb" target="_blank" class="blog_inner_link">OKB</a> has been a potential star this year, leading the price increase among major cryptocurrencies and platform concepts. The long-term target is $85.27, $128.1, and $170.9, and the ultimate target is $202.5. Please note that this is a "long-term strategy." The short-term resistance is at $46.95, while the support at $40.35 should be closely monitored.

## ADA
Concise Comment: ADA hit a new low on December 28, 2020, at $0.22. The short-term rebound is weak, with resistance at $0.3050. The next crucial support levels are $0.1621 and $0.0893, and it's worth noting that ADA has a historical record even lower at $0.0176.

For more details, please follow W-Strategy | post account:
https://www.gate.io/post/AxMRBAQDWVVVBl9QQgO0O0OO0O0O555



<div class="blog-details-info">
<div>Author: **W-Strategy**
<div class="info-tips">\*This article represents only the views of the author and does not constitute any investment suggestions.
<div>\*The article's content is original and the copyright belongs to the author. If reprinting is required, please indicate the author and source. In all cases, legal action will be taken due to copyright infringement.
</div>

简体中文

English

Русский язык

日本語

The article will analyze daily main token trends, short-term strategies, and long-term strategies for you in 3 minutes.

福利中心

铭文导航-铭文Launchpad

铭文-铭文导航

铭文-web3startup

新币挖矿

小红花-Exchange-Startup

交易-创新交易

交易-盘前交易

打新

小红花-Learn & Explore-博客

小红花-Learn & Explore-快讯

币圈-币圈-未来事件

小红花-Learn & Explore-聊天室

小红花-Learn & Explore-直播

小红花-Learn & Explore-动态

年度账单

币圈

Gate OTC

芝麻金融-更多-财富管理

机构-APIs

机构-大宗交易服务

机构-经纪商项目

全球做市商计划

机构-托管和资产管理

机构-借贷服务

机构-做市商项目

小红花-Promotions-机构和VIP服务

量化基金

机构-基础架构

机构-交易

机构-金融

结构化产品

机构-主页

衍生品-统一账户

芝麻金融-更多-抵押借币

机构

策略跟单

现货跟单

合约跟单

跟单

量化策略-探索

量化策略-进阶

量化策略-基础

机器人广场

创建机器人

探索机器人

杠杆网格

无限网格

期现套利

组合指标策略

智能调仓

现货马丁格尔

合约网格

现货网格

交易机器人

芝麻金融-更多-ETH2.0挖矿

芝麻金融-更多-法币借贷

USDE挖矿

链上赚币

芝麻金融-理财-双币宝

芝麻金融-理财-定期理财(屯币)

芝麻金融-理财-结构性理财

芝麻金融-理财-理财宝

芝麻金融-理财-余币宝

GT挖矿

芝麻金融-更多

芝麻金融-理财

赚币

衍生品-实盘跟单

衍生品-期权

衍生品-交割合约

衍生品-永续合约

衍生品-合约中心

新手引导(合约)

合约活动

衍生品

交易-量化策略

交易-杠杆ETF

交易-杠杆交易

交易-闪兑

交易-现货交易

交易

行情

买币-gateCard

买币-法币交易

买币-银行账号

买币-快捷交易

买币-信用卡

买币-paywith

买币

小红花-推广

新手指南

活动中心

小红花-Learn & Explore-学院

任务广场

小红花-Exchange-最新公告

小红花-Exchange-帮助中心

小红花-Exchange-交易所

gate商店

小红花-Promotions-推荐官计划

小红花-Promotions-邀请计划

小红花-promotions-代理商

cextg小程序

小红花

web3

Market News | Daily Main Token Trends Overview