Buyers stepped in at extreme lows. Gradually, volume started to rise.
Within days, SIREN’s price reversed course and climbed significantly, recovering a large portion of its losses.
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This type of movement is not unusual in highly volatile markets.
On the 4-hour chart, SIREN is coiling just beneath a key resistance level around $0.72, forming an ascending triangle.
At the time of writing, the altcoin is making higher lows while repeatedly testing the same ceiling.
This shows that buyers are becoming more aggressive and gradually absorbing selling pressure.
Momentum is starting to support the setup. The Awesome Oscillator (AO) has flipped positive and is trending higher, suggesting that bullish momentum is building underneath the surface.
Furthermore, the SIREN crypto price is also holding above the mid Bollinger Band, which typically signals a shift toward an upward trend rather than a continuation of the prior decline.
If price breaks above the neckline, the move could accelerate quickly.
However, the setup depends on maintaining the rising structure.
If price breaks the higher low trendline and drops back below roughly $0.65, the bullish pressure will fade, and a pullback toward $0.60 becomes more likely.
What Else Is Happening?
At the same time, broader market conditions are playing a role.
Global uncertainty remains elevated. Financial markets are reacting to geopolitical tensions, fluctuating energy prices, and shifting investor sentiment.
As volatility increases, risk assets like cryptocurrencies tend to experience larger and faster price swings.
Meanwhile, sentiment around SIREN is starting to turn, and that shift is happening right as the price compresses under resistance.
Earlier in the chart, sentiment was extremely volatile, with both positive and negative spikes.
After that phase, sentiment cooled significantly and remained mostly muted as the SIREN crypto price drifted lower.
Now you’re seeing sentiment stabilize and trend slightly positive again, without extreme spikes.
That’s a healthier backdrop. It suggests growing optimism without overcrowding.
What makes this more interesting is the timing. At press time, SIREN’s price is flirting with the resistance, while sentiment is improving but not overheated.
If sentiment starts to spike aggressively at the same time as a breakout, that would support a stronger move higher.
SIREN Price Prediction: Breakout to Continue
On the higher timeframe, SIREN’s price is still in a recovery phase after a major blow-off top and correction.
As shown below, the chart shows a parabolic run followed by a violent rejection, which reset the price back near the support.
Since that drop, price has been stabilizing and forming a base, and it’s now starting to push back above the 20- and 50-EMA levels around $0.70.
Right now, the SIREN crypto price is reclaiming the moving-average cluster while holding higher lows, which aligns with the lower-timeframe triangle you showed earlier.
This suggests the short-term breakout attempt is happening within a broader base-building structure, not just a random bounce.
The next key level is around $0.80, where the 0.236 Fibonacci sits. That’s the first real resistance from the larger downtrend.
If the altcoin can push through and hold above that area, it opens the path toward $1.15 and potentially $1.83, where more significant supply exists from the prior distribution zone.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
