Though Algorand witnessed remarkable gains from February lows, it showed vulnerability. A decisive close beneath its pattern might see ALGO retesting $0.79. Moreover, Ethereum Classic registered a bullish flip on the EMA Ribbons. Bulls defended 20EMA to avoid a fallout. Axie Infinity climbed past its Simple Moving Averages while its Relative Strength Index overturned from…
The SAND price might witness a steady bullish run as the altcoin creates a triple bottom pattern. A surge in buying momentum might propel Sandbox by 57%, tagging the psychological mark at $5. However, a 24hr candle close under the support of $2.69 will violate the bullish narrative. Sandbox price formed a bottom reversal setup…
Ripple price remains stuck beneath a declining resistance level, bears hammering the token’s uptrends. A plunge to retest the demand territory at $0.56 – $0.63 would be crucial in catalyzing a 35% upsurge to $0.85. A 6hr candlestick close beneath $0.56 will cancel the bullish narrative. Ripple (XRP) has recorded steady downswings with lower peaks…
LUNA tested 78.6% FIB resistance amid market recovery. Moreover, the alt dips into overbought conditions. Avalanche witnessed decent increases within the past few sessions, swaying beyond 20-50-200 Simple Moving Average. Meanwhile, $0.06 remains a crucial level for Tron in detecting potential breakouts. Terra (LUNA) LUNA registered a 50.11% decline after losing the $86 level, hitting…
Bitcoin saw extended drops beneath the support levels of $40K and $39.5K. The price hovers below $40K and 100-hour SMA. The hourly chart shows a vital bearish line merging with $39.5K resistance (Kraken data). The pair might see higher corrections, but $40K might limit further upside. Bitcoin downswings saw the coin losing the vital support…
SOL’s rejection around the bearish breaker led to a 27% drop. Enthusiasts may expect Solana to rebound from the $65.91 – $81.99 demand territory and gain 41%. A daily candle close under $65.91 will annul SOL’s bullish narrative. Solana price encountered massive rejection on 7 February as the alt challenged a critical resistance before suffering…
Dogecoin should overcome the resistance confluence of around $0.163 for massive upward moves. A daily candle close beyond this obstacle will likely unveil an 18% upside to $0.194. Meanwhile, losing the support level of $0.128 will cancel DOGE’s bullish thesis. Dogecoin price remained stuck with lower peak since hitting its ATH in 2021 May. Recent…
The past fourteen days saw GALA forming a consolidation phase near $0.18. Subsequently, the alternative coin broke past the highs of $0.23, establishing a short-term bullish structure. The shift in market sentiment had GALA highlighting bullishness on its respective charts (in the near term). Will buyers drive the token higher? GALA One-Hour Chart GALA was…
LTC price forms an inverse head-shoulders pattern, hinting at a 27% upsurge. Though the bullish stance, multiple substantial obstacles plague LTC’s journey to $167.05. Breaching the support floor at $103.82 will cancel Litecoin’s optimistic case. Litecoin price saw roller-coaster actions within the previous month. Though the alt lost a considerable market value, it appears to…
Cardano’s price could not sustain its upward moves, leading to a 37% fall within the previous month. The alt might lose 20% towards $0.80 if it fails to keep the psychological area of $1. A 24hr candle close beyond the 50-day Simple Moving Average at $1.20 will reveal a potential upward move. Cardano’s price exhibited…
The canine-themed token Shiba Inu sees a retracement following an impressive upward rally over the past week. The alt faces a crucial support zone. Will the barrier hold? Vital Support zone – $0.000028. Vital resistance zone – $0.000034. The past week saw Shiba Inu gaining more than 50% to touch the vital resistance zone around…
The cryptocurrency market continued with upward movements. The world’s oldest digital coin, Bitcoin, gained more than 3% over the past day, trading around $44,811.17. Let us check the day’s losers and gainers. The global crypto market capitalized gained 1.15% within the past 24 hours towards $2.02 trillion. Meanwhile, trading volume dropped by 24.77% to $77.78…
DOT price lost over 5% within the last 24 hours, moving to the lows of $21.21. Trading volume surged around 25%, confirming the bearish case. Sellers set stop-losses at today’s peak of $23, eyeing profit-taking. Polkadot (DOT) remains largely bearish today as the alternative token lost more than 5%, hitting low levels of $21.21. The…
Shiba Inu was among the alts with impressive upswings since last week. With that, it challenged the Point of Control that provided the highest liquidity for almost three months. Moreover, VeChain and Binance Coin had short-term technicals projecting 1-sided bullish favoritism. Meanwhile, the trio indicated overbought RSI that may target to test immediate supports. Shiba…
SAND price has seen massive bullish moves lately. The metaverse coin climbed by 78% from the lowest zone this year. Here’s is why SAND surged and what you may expect. Sandbox (SAND/USD) recorded massive recoveries over the last few weeks as enthusiasts waited for the forthcoming Alpha Season 2. For now, SAND changes hands near…
XTZ/USD highlights bullishness today. The pair holds under the resistance of $4.5 Immediate support stands at $3.5. Tezos price appears to gain momentum as the alt approaches the $4 level as the Moving Average Convergence Divergence presents a buy signal. Meanwhile, there are no massive rejection signs for more upside, which means XTZ will likely…
Ethereum began sliding after failing to overcome the resistance at $2.8K. For now, the prices hover around $2,650 and 100hr SMA. ETH’s 1-hr chart shows a critical bullish trend-line developing with the $2,645 support. A move beneath $2,645 and $2,600 might trigger a massive fall for Ether. Ethereum corrected its gains after failing to conquer…
Cardano records a lucrative recovery rate amid a 20% rally over the last ten days. Transaction and technical data indicate a temporary surge to $1.26 A 24hr candle close beneath $1 will cancel the bullish case with further declines. Cardano (ADA) presents bullish signs. However, the resulting uptrend will likely persist because of the many…
Litecoin finally released the Mimblewimble upgrade following 24 months of development. The update makes the Litecoin ecosystem ensure privacy-focused transactions. That comes when lawmakers increased scrutiny on anonymous protocols. A Vital Upgrade Litecoin integrated Mimblewimble via MWEB (Mimblewimble Extension Block). MWEB ensures platform users access confidential transactions. David Burkett, the lead developer, stated that the…
SHIB consolidates beyond the $0.0000158 – $0.0000193 demand zone. Transaction data suggests SHIB is in a crucial support zone and might see a near-term downswing. Large investors’ absence shows the uptrend may be temporary. Shiba Inu (SHIB) sliced critical support barriers during its latest sudden fall, and the meme coin consolidates at the moment. For…
VeChain price analysis reveals bullishness today. VET’s massive resistance sits at $0.0878. VeChain trades at $0.0554. VeChain price outlook shows the alternative coin followed a massive upside trend within the past 24 hours. The price maintained a positive stance, recording significant surges, nearing the value zone at $0.0560. The crypto surged 0.84% today, with its…
BNB price needs to reclaim footing at $414 for bulls to eye higher zones. Meanwhile, the massive obstacle around the 50% retracement mark of $504 may confront Binance Coin bulls. Failure to rally past $414 might witness the exchange coin falling lower to 200 3-day SMA. Binance Coin (BNB) plunged under a crucial defense line…
CRO secures early footing following Tuesday’s upswings. A decisive move past $0.60 will see Crypto.com exploring November’s all-time highs. Crypto.com is a blockchain platform supporting crypto trading and other cryptocurrency-related services. Moreover, users can utilize the site to earn, borrow, and spend cryptos. The network has CRO as its native coin. Crypto.com Brand Goals Indeed…
BTC remained within a bearish territory beneath the $38K and $36.5K support zones. The price attempted a recovery, targeting $36.5K and 100hr Simple Moving Average. BTC/USD one-hour chart shows a break past the pessimistic trend-line with resistance around $35,450. Bitcoin should overpower the levels at $38K resistance for a massive upside move. Bitcoin (BTC) extended…
MANA has lost approximately 70% of its ATH. The asset’s market capitalization has dipped to around $2.4 billion. Should you buy or sell the metaverse coin? Here is our view. Decentraland (MANA) witnessed bearishness within the last few months as the crypto industry sees fading momentum. The metaverse coin trades around $1.87, its lowest level…
