When cryptocurrency prices break key resistance levels (e.g., round numbers, all-time highs), technical indicators often show bullish signals. RSI may enter overbought territory (above 70), MACD histograms typically turn positive, and moving averages (e.g., 50-day) may act as support. Volume usually spikes, confirming the breakout's validity. In the context of Trump's pro-crypto policies, such breakouts could indicate sustained upward momentum, as market sentiment is bolstered by favorable news. However, traders should watch for potential pullbacks or consolidation after initial surges. These indicator behaviors, combined with positive fundamentals, suggest a higher likelihood of continued price appreciation in the short to medium term. 0 reply
0 recast
0 reaction