Today's largest price prediction for Crypto Assets: PUMP, XDC, FORM breaking the fall channel, long positions striving for a continued Rebound.

Ethereum (ETH) today (30th) maintained around $3,800 during the Asian afternoon session, supporting the popularity of the altcoin market. As the rebound momentum of ETH gradually approaches the $4,000 mark, PumpFun (PUMP), XDC Network (XDC), and Four (FORM) have all recorded double-digit pumps, leading the market recovery over the past 24 hours. From a technical perspective, with the bullish momentum strengthening, ETH is expected to rise further.

PUMP Price Analysis

PUMP rose nearly 15% on Tuesday, breaking through the descending expanding wedge on the 4-hour chart. As of the time of writing, PUMP has slightly decreased by nearly 2%, due to facing upward pressure near the 0.0030 dollar mark.

PUMP is forming a potential range between $0.0023 and $0.0030. If it breaks above the upper limit of $0.0030, it may continue the bullish trend to $0.0037, which is the low point from June 19.

The Moving Average Convergence Divergence (MACD) and its signal line are still in a downtrend, but since they remain below the zero line, they are issuing a neutral signal. Investors may view a return of the average line above the zero line as a buy signal.

The Relative Strength Index (RSI) on the 4-hour chart shows 51, having previously rebounded from oversold levels, indicating a resurgence in buying pressure. However, the RSI remains neutral, holding at midpoint levels.

On the other hand, the reversal of the PUMP may retest the support level of $0.0023.

(Source: Trading View)

XDC Price Analysis

XDC Network saw a slight increase on Wednesday, maintaining a psychological price level of $0.100 at the time of writing, up 12% from the previous day. Over the past week, the price of XDC has quickly shown a V-shaped Rebound from a support level of $0.083.

If it can break through the level of $0.10, it is expected to extend the recovery momentum to $0.116 on January 28.

Due to the MACD indicator crossing with the signal line, the MACD indicator is sending a hesitant signal. However, the RSI indicator is still rising towards the overbought boundary, indicating that buying pressure is increasing.

On the contrary, if a bullish closing price above $0.100 is not maintained, it may lead to a price reversal to the closing price level of $0.087 on February 6.

(Source: Trading View)

FORM Price Analysis

As of the writing of this article, the fourth position has maintained an 11% pump since Tuesday, located within an ascending wedge pattern formed by two converging trend lines. The resistance trend line connects the peaks of March 19 and July 11, while the ascending support trend line connects the lows of June 22 and July 29.

If the closing price is definitively above the upward trend line near the psychological level of $4.00, a breakout rebound may extend to the level of $4.19, which coincides with the R3 pivot point.

The RSI indicator hovers around 69 in the overbought zone, indicating stable buying pressure. The MACD indicator crosses above the signal line, sending a buy signal to cautious investors.

On the other hand, a reversal within the wedge pattern may retest the R2 pivot level of $3.59.

(Source: Trading View)