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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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IOTA Breaks Out, Aims For Recent Highs
The IOTA (IOTA) price has broken out from a descending resistance line and has been increasing at an accelerated rate over the past three days. The IOTA price has been increasing since June 27, when it initially dropped to the 2220 satoshi support area. дальше »
2020-7-3 15:10 | |
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Tron Aims to Break Out Above Resistance
The Tron (TRX) price has completed a short-term bullish pattern and is making its third attempt at breaking out above an important resistance area. Current Resistance The TRX price has been following a descending resistance line since February 24, currently trading only slightly below it. дальше »
2020-7-2 20:00 | |
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Will Ethereum Break Out Above $250?
On June 26, Ethereum broke down from a rising support line that had been in place since March 13. While the price is still trading inside a strong support area, the bearish price action suggests that the current upward trend has ended. дальше »
2020-7-1 18:00 | |
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ATOM Breaks Above Resistance, IOTA May Soon Follow
Cosmos (ATOM) has broken out from a long-term descending resistance line and validated it as support afterward. The price is expected to continue moving upwards. IOTA (IOTA) has created a bullish hammer and is in the process of breaking out from a similar descending resistance line. дальше »
2020-6-30 14:10 | |
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Bitcoin’s Short-Term Breakout Could Lead to a Bounce
On June 29, the Bitcoin (BTC) price broke out from a short-term descending resistance line. This could have been the beginning of an upward move that takes the price towards $9,300-$9,400. However, the longer-term outlook is still bearish, and BTC is expected to eventually decrease towards the range low. дальше »
2020-6-30 10:26 | |
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Using Elliott Waves To Determine Bitcoin’s Future Movement
The Bitcoin price has been decreasing since June 1, but today it showed signs of a reversal by breaking out from a short-term descending resistance line. It is possible that this move takes the price all the way to $10,000. дальше »
2020-6-23 08:42 | |
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Bitcoin Aims High, Is DeFi a Bubble? ICX & DUSK Technicals (and More): Crypto News Roundup
Despite some volatility, the Bitcoin price remained, by and large, stable last week as it hovered in a range between $9,250 and $9,500. The bulls may have a slight upper hand at this juncture. The alpha-crypto broke out from a descending resistance line yesterday and now appears to be aiming for an upward move towards […] The post Bitcoin Aims High, Is DeFi a Bubble? ICX & DUSK Technicals (and More): Crypto News Roundup appeared first on BeInCrypto. дальше »
2020-6-23 18:35 | |
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The Bitcoin Dominance Rate Finally Breaks Out
The Bitcoin dominance rate (BTCD) has been decreasing since May 14, but recently broke out from a long-term descending resistance line, indicating that an upward trend has begun. This means that altcoin and Bitcoin pairs are likely to decrease. дальше »
2020-6-16 20:10 | |
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Will DOGE Be the Next Coin to Break Out?
The DOGE/USD price has bounced on the support line of a bullish pattern and seems poised to break out. On the other hand, the DOGE/BTC pair is stuck in a consolidation pattern. Well-known cryptocurrency trader @Mesawine1 notes that the Dogecoin (DOGE) price is trading inside a rising channel and will soon break out. дальше »
2020-6-10 23:00 | |
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Alt Season or No Alt Season? Bitcoin Dominance Paves The Way
The Bitcoin dominance rate (BTCD) is decreasing alongside a descending resistance line from May 14. The price made an attempt to break out in the early hours of June 9 but was swiftly rejected and has fallen back since. дальше »
2020-6-10 19:21 | |
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ConsenSys Branches Into Ethereum Token Compliance with Codefi
ConsenSys, a firm that claims to be focused on solving real-world problems with the Ethereum blockchain, has announced the launch of Codefi Compliance, a compliance solution it says is aimed at making it easier for Ethereum-based DeFi projects to function in line with anti-money laundering (AML) guidelines, carry out seamless know-your-customer (KYC) processes and more,Read MoreRead More. дальше »
2020-6-10 17:00 | |
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NXS Could Be The Next Coin To Double In Value
The NXS price has reclaimed an important support level and broken out from a descending resistance line. Once it moves above its 200-day moving average (MA), it will likely accelerate upwards. The previously mentioned support level is found at 1900 satoshis. дальше »
2020-6-5 16:54 | |
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These Two Altcoins Have Moved Above Important Resistance Levels
Both Reserve Rights (RSR) and TRON (TRX) have broken out from long-term descending resistance lines — possibly indicating that they have begun bullish trends. Reserve Rights (RSR) The descending resistance line and break out for RSR were outlined by cryptocurrency trader @PostyXBT, who stated that : Finally we get a clean breakout[. дальше »
2020-6-4 19:31 | |
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Will Tron Follow VeChain’s Lead and Break Out?
VeChain (VET) has increased by 50 percent since May 22, after breaking out from a long-term descending resistance line. The TRON (TRX) price movement shares similarities to that of VET, allowing for the possibility that it will initiate a similar upward move. дальше »
2020-6-2 00:28 | |
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Litecoin Shows Signs of Life After a Long Decrease
Both LTC/USD and LTC/BTC have broken out from descending resistance lines and are targeting the closest resistance levels. The breakout from the current descending resistance line was noted by cryptocurrency trader @Mesawine1, who tweeted an image showing the breakout and predicting that the price could increase all the way to the next resistance area at […] The post Litecoin Shows Signs of Life After a Long Decrease appeared first on BeInCrypto. дальше »
2020-6-2 20:51 | |
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Ethereum Breaks Out, Bitcoin Could Follow Its Lead
After breaking out from the $9,200 resistance area, the BTC price is moving towards its descending resistance line at $9,700. While the price movement is not identical, Ethereum has just broken out from a similar descending resistance line. дальше »
2020-5-29 03:59 | |
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These Two Altcoins Have Broken Out from Long-Term Resistance Lines
The COS price has broken out from a long-term descending resistance line after generating bullish divergence in the RSI. After generating bullish divergence, BCH is trading right at its long-term resistance line but has yet to break out. дальше »
2020-5-27 16:08 | |
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ICX Has Doubled in Value and WRX Could Follow Its Lead
The ICON (ICX) price has been rapidly increasing since May 15 but has reached an important resistance level and it is unclear if it will break out from it. WazirX (WRX) has been showing similar movement to ICX prior to the breakout but has yet to break out from its descending resistance line. дальше »
2020-5-26 22:23 | |
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