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DIA, LRC & AKRO: Technical Analysis for March 8
Along with DIA, Loopring (LRC) has bounced at the previous resistance area but has yet to initiate a significant upward movement. Akropolis (AKRO) has broken out from a descending resistance line and is expected to reach a new all-time high price eventually. дальше »
2021-3-9 21:53 | |
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BAT vs RSR – Which Coin Will Perform Better in March?
These two coins are chosen since they both have similar price movement, having just broken out from long-term resistance areas and then validating them as support. BAT In the beginning of the year, BAT broke out from a long-term descending resistance line that had been in place for more than two years and reclaimed the … Continued The post BAT vs RSR – Which Coin Will Perform Better in March? appeared first on BeInCrypto. дальше »
2021-3-2 19:16 | |
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Algorand (ALGO) Maintains Long-Term Support Despite Sharp Fall
Despite the upward movement, we cannot consider the trend bullish until Algorand breaks out above the current short-term descending resistance line. Algorand Trading Range ALGO has been decreasing since Feb. дальше »
2021-2-24 14:29 | |
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Bitcoin (BTC) Retraces After Breaking Above $52,000
Despite the decrease, Bitcoin has validated the resistance line from which it previously broke out from. It’s expected to resume its upward trend in the near future. Bitcoin Returns to Validate Resistance On Feb. дальше »
2021-2-19 11:08 | |
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BCH Breaks Out From Long-Term Resistance, Can It Reach $1,000?
BCH should continue increasing towards $850 and possibly $1,150, with the rate of increase likely to accelerate once it closes above $530. Long-Term Breakout BCH had been following a descending resistance line since Aug. дальше »
2021-2-12 22:09 | |
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Bitcoin Breaks Out but Bullish Trend Still Unconfirmed
Despite this, neither technical indicators nor the wave count confirms a bullish Bitcoin trend. Rather, they suggest that another decrease is in store. Bitcoin Breaks Out Bitcoin was rejected multiple times by the descending resistance line but finally managed to successfully break out on Feb. дальше »
2021-2-3 10:39 | |
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Here’s The Line Separating Bitcoin Dominance From Altcoin Season
For months, Bitcoin stole the show when it came to crypto, sucking the capital out of the altcoin market. Shortly after the top cryptocurrency started its pullback, profits began to flow back into altcoins that have since been soaring over the last month. дальше »
2021-1-28 04:00 | |
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Cosmos (ATOM) Knocked Back After Reaching All-Time High
While the ATOM/BTC pair has broken out from a descending resistance line, the trend cannot be considered bullish until Cosmos reclaims the 25,000 satoshi resistance area. Cosmos (ATOM) All-Time High On Jan. дальше »
2021-1-26 13:54 | |
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BEL Breaks Out Above $1, Could Increase All the Way to $3
BEL is currently retesting this support level, and if successful, it should continue moving higher, possibly towards $3. 10. Breakout and Pump BEL had been following a descending resistance line since Oct. дальше »
2021-1-26 23:31 | |
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Bitcoin Manages to Hold On Above $34,000 Support
In the short-term, as long as Bitcoin doesn’t reach a daily close below $34,000, it’s expected to move towards the resistance line of the triangle. Bitcoin Bounces At Support Bitcoin is still trading above the $34,000 support area, a level which has held since BTC initially broke out on Jan. дальше »
2021-1-21 11:48 | |
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ONT Approaches Long-Term Resistance Line – Break Out Imminent?
However, neither the price move nor technical indicators confirm the possibility of a breakout. Long-Term Levels ONT has been following a descending resistance line since Sept. 2018, when it was trading at a high of $2. дальше »
2021-1-20 19:31 | |
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XRP Fails to Break Out Above $0.30 – What’s Next?
XRP/BTC is following a descending resistance line. The bullish reversal will not be confirmed until the pair breaks out. This is a shorter-term analysis. For the longer-term one, click here. Symmetrical Triangle XRP has been trading inside a symmetrical triangle since it reached a high of $0. дальше »
2021-1-15 19:08 | |
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MANA Attempts to Clear $0.115 Resistance
The long-term trend seems to be bullish. The rate of increase is expected to accelerate once it breaks out from the short-term $0. 115 resistance area. Breakout and retest MANA had been following a descending resistance line since Aug. дальше »
2021-1-15 22:27 | |
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EOS Continues Ranging and Is Yet to Confirm a New Trend
EOS/BTC has fallen to a new all-time low and is bearish until it reclaims the 860 satoshi area. Long-Term Range At the beginning of Aug. 2020, EOS broke out from a descending resistance line that had previously been in place since May 2019. дальше »
2021-1-15 21:05 | |
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Dogecoin (DOGE) Drops But Maintains Long-Term Support
The Dogecoin/Bitcoin pair is very close to breaking out from a more than three-year-long descending resistance line. Long-Term Dogecoin Levels During the week of Dec. 28 – Jan. 4, DOGE increased massively, going from a low of $0. дальше »
2021-1-12 18:10 | |
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Tellor (TRB) Breaks Out and Aims for $32
As long as the current bullish structure remains intact, TRB should move above this resistance area and target $32. TRB Attempts Reclaim On Jan. 5, TRB broke out from a descending resistance line it had been following since reaching a high of $23. дальше »
2021-1-7 23:15 | |
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BAL Breaks Out and Reclaims Numerous Resistance Levels
Breakout and Reclaim of Resistance BAL had been following a descending resistance line since Sept. 13. It made two unsuccessful breakout attempts before finally moving above the line on Dec. 28. дальше »
2021-1-7 20:10 | |
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SXP Risks Falling to All-Time Low, Will It Bounce?
However, technical indicators are bullish, suggesting that SXP will break out instead. Long-Term Resistance Line SXP has been decreasing rapidly since reaching a high of $5. 14 on Aug. 14. The fall has been swift, and SXP has been following a descending resistance line since Sept. дальше »
2021-1-6 21:30 | |
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2020 saw Bitcoin and Shitcoins switch places
The term "Shitcoin," like most words in use today, has been treading the line of oft-used and cliched lately. A pejorative term that emerged out of the maximalist narrative of "us v. them," it is ofteThe post 2020 saw Bitcoin and Shitcoins switch places appeared first on AMBCrypto. дальше »
2020-12-31 18:30 | |
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ATOM Begins Upward Move After Bounce at Support
ATOM should move upwards at a faster rate once it breaks out above the current descending resistance line. Bounce Above Support The daily chart shows that ATOM has been following an ascending support line since July 27, having most recently bounced from it on Dec. дальше »
2020-12-30 18:33 | |
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Bitcoin Cash (BCH) Approaches Massive Descending Resistance
While a short-term decrease could occur, Bitcoin Cash is expected to eventually be successful in breaking out above this resistance line. Long-Term Bitcoin Cash Resistance The weekly chart shows that BCH has moved above the previous resistance area at $318, created by the 0. дальше »
2020-12-30 12:34 | |
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Long-Term Resistance Rejects BTCD, Relief Alt Rally Ahead
A short-term BTCD decline towards the support levels at 61 – 64% is likely, paving the way for an alt relief rally. BTCD Reaches Resistance The weekly chart shows that BTCD has broken out from a descending resistance line that had previously been in place since Aug. дальше »
2020-12-28 16:53 | |
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BTCD Reaches Its Highest Levels Since 2019
While the long-term trend seems bullish, a short-term rejection and correction is likely once BTCD reaches this resistance area. Long-Term Breakout During the week of Dec. 14 – 21, BTCD broke out from a descending resistance line that had previously been in place since Aug. дальше »
2020-12-23 16:30 | |
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Ethereum Classic (ETC) Struggles to Overcome $7.50 Resistance
The price action and a variety of technical indicators suggest that ETC will be successful in breaking out. Ethereum Classic Long-Term Support Levels ETC has been following an ascending support line since November 2018 and has validated it four times since. дальше »
2020-12-21 13:21 | |
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TomoChain (TOMO) Breaks Out but Fails to Maintain Higher Prices
While TOMO is expected to continue increasing, a retracement could occur prior to the resumption of the upward move. TOMO Breakout Doesn’t Last Long TOMO had been following a descending resistance line since Aug. дальше »
2020-12-18 13:48 | |
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ICX Drops After Rejection From Long-Term Resistance
Long-Term Levels The ICX price has been following an ascending support line since Dec. 2019. While following this line, it made several attempts to break out above the $0. 45 resistance area, which resulted in long upper wicks. дальше »
2020-12-12 16:28 | |
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TOMO Fails to Break Out Again, What’s Next?
Technical indicators are bearish, suggesting that another drop towards the support area outlined below is likely before the price makes another breakout attempt. TOMO Attempts to Break Out TOMO has been following a descending resistance line since it reached a high of $1. дальше »
2020-12-10 20:04 | |
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EGLD Breaks Out From Long-Term Resistance Line
EGLD has reclaimed the $9. 60 resistance area, and it is expected to continue increasing as long as it is trading above this level. Despite this, lower time-frames suggest that a short-term drop is expected before it eventually resumes its upward movement. дальше »
2020-12-5 18:21 | |
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DIA and DOT Search for Support and Continue Upward Movement
Despite their declines, both still have potential bullish structures in place that would create higher lows if they were to hold. DIA Breaks Out But Gets Rejected On Nov. 21, the DIA price broke out from a descending resistance line (dotted) that had previously been in place since Sept. дальше »
2020-11-28 21:36 | |
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Zcash (ZEC) Aims For $100 August Highs and Beyond
ZEC is expected to continue its ascent towards the resistance levels outlined below. ZEC Breaks Out The ZEC price has been increasing since Nov. 3, when it reached a low of $51. 69. Shortly afterward, the price broke out from a descending resistance line that had been in place since Aug. дальше »
2020-11-26 15:25 | |
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Should you invest in Ethereum (ETH) as price breaks $600?
Ethereum (ETH) price has broken out above the $600 mark for the first time since June 2018. The buyers will now aim to push for a close above this line as they attempt to force a bullish end to 2020. дальше »
2020-11-24 02:52 | |
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Bitcoin Continues Its Ascent Toward $17,000
The Bitcoin (BTC) price has been increasing at an accelerated rate since breaking out above the $15,800 area and a short-term descending resistance line. While a short-term decrease could occur, BTC has likely not reached a top yet. дальше »
2020-11-17 12:32 | |
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Bitcoin Bull Market Corrections Examined: What To Expect When Crypto Corrects
For all intents and purposes, Bitcoin is back in a bull market. But even bull markets don’t always simply move upward in a straight line. Along the way, the road gets rocky, and violent and volatile corrections wipe out weeks of progress made in a matter of one or two. дальше »
2020-11-16 18:00 | |
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ADA Approaches Downtrend Line – Will It Break Out?
The Cardano (ADA) price has been increasing since Sept 24 and has reached an important resistance line, which has been in place since the July highs. While a short-term breakout above the current resistance line appears likely, the longer-term trend still looks bearish. дальше »
2020-11-14 12:34 | |
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Solana (SOL) Breaks Out, Attempts to Create Bullish Higher Low
The Solana (SOL) price has broken out from a descending resistance line but was rejected by the closest resistance area. The price is expected to create a higher low and resume its upward movement to target the overhead resistance levels. дальше »
2020-11-13 11:51 | |
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Bitcoin Dominance (BTCD) Bounces Back After Failing to Overcome Resistance
On Nov 5, the Bitcoin Dominance Rate (BTCD) was rejected by a descending resistance line that has been in place for more than a year. The rate is expected to decrease in the short-term before eventually making another attempt at breaking out. дальше »
2020-11-13 09:30 | |
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AAVE Breaks Out from Three-Month Resistance Line
The Aave (AAVE) price has broken out from a descending resistance line that’s been in place since hitting a high on Aug 26. Despite the breakout, the price was rejected by an important Fib resistance level and is expected to decrease in the short-term. дальше »
2020-11-12 09:50 | |
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ZIL’s Upward Move Has the Potential for Considerable Gains
The Zilliqa (ZIL) price has been increasing since Sept 21 and has reclaimed an important horizontal level while breaking out from a short-term descending resistance line. The price is likely to continue moving upwards towards the resistance levels outlined below. дальше »
2020-11-12 21:35 | |
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Zcash (ZEC) Struggles to Break Out Above Horizontal Resistance Level
While the Zcash (ZEC) price has broken out from a short-term descending resistance line, it is more likely that the upward move is corrective. ZEC is currently trading slightly above its long-term $52. дальше »
2020-11-10 14:58 | |
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Two DeFi Coins (AAVE & SNX) That Might Have Begun to Bounce
The Aave price (AAVE) has initiated a bounce from an important support level but has yet to break out above a descending resistance line. The Synthetix Network Token (SNX) has already broken out from a descending resistance line and has begun to move upwards. дальше »
2020-11-6 16:26 | |
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OCEAN Falls Back to Support and Shows Strength
The Ocean Protocol (OCEAN) price is in the process of validating an important area as support. As long as the price is trading above this level, the trend is considered bullish. On the contrary, the OCEAN/BTC pair looks bearish unless it can break out above a descending resistance line that’s been holding it back. дальше »
2020-11-5 19:35 | |
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Cardano (ADA) Fails to Overtake Crucial Resistance Level
Cardano (ADA) has failed to break out above a long-term descending resistance line and suffered a sharp drop after its rejection. Technical indicators suggest that the price is likely to continue its descent. дальше »
2020-10-30 10:31 | |
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