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Articles by Duo Nine

This is the Level ADA Bulls Need to Break to Reverse the Momentum (Cardano Price Analysis)

4 days ago

Cardano has made a higher low in the past few days compared to last week, which could encourage bulls to take over the price action in the near term.
Key Support levels: $0.30, $0.28
Key Resistance levels: $0.34, $0.38
Even though the sellers tried to push ADA’s price lower, they failed to break below the previous low. For this reason, buyers could get back on the offensive and attempt to take the price to the key resistance at $0.34. The current support levels remain at $0.28 and $0.30.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume remains low and shows bears have become exhausted. This could be the opening the bulls were waiting for.
RSI: The daily RSI is making higher lows, similar to the price. This is bullish.
MACD: The daily MACD did a bullish

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Crypto Price Analysis Nov-25: ETH, XRP, ADA, BNB, and LTC

8 days ago

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Litecoin.

Ethereum (ETH)
Ethereum has failed to break the key resistance at $1,230 and has entered into a correction that appears to continue the bearish price action. ETH also lost 0.8% of its valuation in the past seven days, and sellers have managed to maintain their grip on the price.
Unfortunately for the bulls, they may have to defend ETH again at the $1,000 key support. Any weakness there may spell a disaster for this cryptocurrency, as falling to a three-digit valuation will remove all hope for a rapid recovery from the current downtrend.
Looking ahead, Ethereum has a difficult task since the buyers are on the defensive and sellers control the price action. The key support at $1,000

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ADA Fails at a Critical Resistance But Another Rally Still Possible (Cardano Price Analysis)

November 3, 2022

Cardano failed to rally higher after losing momentum, and now the bears appear in control. Will the key support hold?
Key Support levels: $0.38, $0.33
Key Resistance levels: $0.42, $0.50
Buyers lost control of the price action after they failed to break the key resistance at $0.42. Since then, ADA has tumbled and found good support at $0.38. It is critical for the cryptocurrency to hold above this support, as a breakdown may put the bears back in charge.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume has been declining since ADA was rejected at the key resistance. However, it could return if buyers stay firm and don’t allow the price to fall under $0.38.
RSI: The daily RSI has managed to hold close to the mid-point at 50. This gives hope that buyers

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This is the Level ADA Needs to Break to Soar Higher (Cardano Price Analysis)

October 31, 2022

Cardano had an excellent week after a significant rally. However, the momentum appears to be stalling now.
Key Support levels: $0.38, $0.33
Key Resistance levels: $0.42, $0.50
As soon as ADA moved above $0.40, the bulls were unable to take the price much higher as they were stopped by the key resistance at $0.42. The support is at $0.38, and buyers managed to use this level as a pivot for their most recent rally. Should they fail to break the resistance, then ADA could fall back to the key support.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume has been declining ever since ADA broke above $0.40. This is not encouraging for bulls.
RSI: The daily RSI remains above 50 points but is struggling to move higher.
MACD: The daily MACD is bullish. However, the

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Crypto Price Analysis Oct-28: ETH, XRP, ADA, BNB, and MATIC

October 28, 2022

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Polygon.

Ethereum (ETH)
Ethereum had a very strong rally in the past seven days, increasing by 19.4%. This makes it the best performer on our list this week. Such volatility has not been seen since September and signals a possible reversal in the downtrend. If ETH manages to make a higher high in the coming weeks, then that would confirm the reversal.
The price is currently found just below the key resistance at $1,575, and ETH entered a shallow pullback just after touching this level. If buyers manage to maintain the bullish momentum, they could break above and bring ETH to the next key resistance at $1,725.
Looking ahead, the cryptocurrency has good support at $1,400, and this latest price

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Crypto Price Analysis Oct-21: ETH, XRP, ADA, BNB, and SOL

October 21, 2022

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana.

Ethereum (ETH)
Ethereum’s price has remained largely flat with little volatility. For this reason, it is almost identical to seven days ago. Momentum and volume continue to move sideways with no perceivable trend at this time. The key support remains at $1,250, and the resistance at $1,400.
The price is stuck in a channel, and it can comfortably move sideways until the end of the month before any significant resistance will be faced. Even if ETH’s price bounces between the key levels, as long as a breakout does not happen, the flat trend remains intact.
The current price action is quite atypical for a cryptocurrency, and market participants are struggling to adapt to such low

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Will Cardano Lose This Critical Support? Here’s the Next Bearish Target (ADA Price Analysis)

October 10, 2022

Cardano’s price continues its downtrend and seems about to fall below a critical support level that may take ADA below 40 cents.
Key Support levels: $0.42, $0.38   
Key Resistance levels: $0.47, $0.50 
Buyers have failed to stop the downtrend and ADA is facing a critical level. If sellers manage to break below $0.42 and sustain the pressure, then the cryptocurrency would be more likely to fall toward $0.38. The resistance is at $0.47. Due to the lack of buying momentum, ADA seems unlikely to make a recovery any time soon.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume has been flat and mostly closed in red. This means that bears control the price action.
RSI: The daily RSI is falling and is under 40 points. At this rate, if the selling continues, the

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Crypto Price Analysis Oct-07: ETH, XRP, ADA, BNB, and MATIC

October 7, 2022

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Polygon.

Ethereum (ETH)
With an increase of only 1.4% in the past seven days, Ethereum continues to maintain a flat price action, with market participants unable to swing the cryptocurrency beyond its current range. Since mid-September, ETH has only been moving sideways between the key support at $1,250 and the resistance at $1,400.
The last time it tested the key resistance was on September 27th, and its price is slowly approaching this level again. The indicators are turning slightly bullish, and the momentum will favor buyers if they can pick up the volume.
Looking ahead, ETH may attempt to break above $1,400 in the coming week if the market remains bullish. Turning this key level into

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Crypto Price Analysis September-23: Ethereum, Ripple, Cardano, Solana, and Binance Coin

September 23, 2022

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin.

Ethereum (ETH)
Despite the bullish fundamentals of Ethereum’s merge, the price of the second largest cryptocurrency has continued its downtrend and registered a 10% loss in the past seven days. At the time of this post, ETH managed to find some support at $1,250, but this level remains fragile.
The resistance is not far away at $1,400, and bears will likely come in strong if the price manages to rally to that level. Unfortunately for the bulls, the buy volume is just not there to push the price higher. With the weekend around the corner, the volume will likely drop further, and it’s likely that we will have to wait for Monday for any significant volatility.
Looking ahead, ETH seems

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ADA Recovers 5% on Vasil Hard Fork Day, Is $0.5 Next? (Cardano Price Analysis)

September 22, 2022

ADA managed to stop the downtrend, and the bulls pushed the price higher on the day that the protocol will see its Vasil upgrade go live.
Key Support levels: $0.43, $0.38   
Key Resistance levels: $0.50, $0.56 
Buyers came in strong today and managed to turn the price action around above the key support at $0.43. If this bullish momentum continues, then ADA could increase towards $0.5, which is the current resistance. This would also be a sign that the downtrend is reversing.
Chart by TradingViewTechnical Indicators
Trading Volume: Volume picked up yesterday and closed in red, but today, this was quickly reversed, and buyers have the upper hand.
RSI: The daily RSI is approaching 50 points. If buyers manage to push it above, then the momentum may reverse in their favor.

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Crypto Price Analysis August-19: Ethereum, Ripple, Cardano, Binance Coin, and Dogecoin

August 19, 2022

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Dogecoin.

Ethereum (ETH)
This past week Ethereum broke below its uptrend, which was a major bearish signal, and lost 9.4% in the process. Moreover, today, the bears dominated the charts, and Ethereum lost almost 8.5% of its valuation in less than an hour when the market suddenly crashed.
At the time of this post, bulls have managed to stop the downtrend at the $1,700 support level, but bears remain in control of the price action and may take the cryptocurrency even lower, towards $1,500. The resistance is at $2,000.
Looking ahead, it appears that the uptrend from July and August has ended, and Ethereum is entering a significant correction. This could also continue for a while, especially

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DOGE Jumps 17% Today, Here’s the Next Critical Target (Dogecoin Price Analysis)

August 16, 2022

DOGE did not disappoint in August with a 40% rally since the start of the month. The buyers managed to bring the price just under a key resistance which may put some breaks on this rally.
Key Support levels: $0.076
Key Resistance levels: $0.09, $0.11
DOGE’s price exploded by 17% today and has hit the key resistance at $0.09. This is the upper limit of a large descending triangle that has been forming since the all-time high in May 2021. If the bulls manage to break above this triangle, then the next target will be found at $0.11. The support is at $0.076.
Chart by TradingViewTechnical Indicators
Trading Volume: Strong buy volume has taken DOGE much higher today. The big question is if buyers will be able to sustain this momentum.
RSI: The daily RSI is in the overbought

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SOL With Another Attempt at $44, Will The Bulls Finally Make It? (Solana Price Analysis)

August 11, 2022

After two failed attempts to break above the $44 level, Solana is back at it again.
Key Support levels: $40, $35 
Key Resistance levels: $44, $59
The bulls are seemingly very eager to push the price higher. The cryptocurrency rallied above the $4 key resistance level today but is now falling back down. If the buyers fail to sustain the momentum, then this might result in the third failed attempt at breaking this important level. The key support, meanwhile, is found at $40.
Chart by TradingViewTechnical Indicators
Trading Volume: A relatively good buy volume has taken SOL higher, but it seems that buyers struggle to maintain their momentum at the time of this post.
RSI: The daily RSI remains above 50 points. As long as it stays above this level, then the cryptocurrency has

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ADA Rallied 7% on Positive Inflation Numbers, Here’s the Key Resistance (Cardano Price Analysis)

August 10, 2022

Cardano managed to rally by 7% together with the rest of the market once CPI figures showed inflation slowed in the US.
Key Support levels: $0.50, $0.45 
Key Resistance levels: $0.55, $0.66 
US inflation decreased in July to 8.5% compared to 9.1% in June. The market quickly rebounded as soon as these figures were published today. ADA’s price was also quick to react with a 7% rally on the daily chart. Now, the price is again approaching the key resistance at $0.55, and support still holds at $0.50.
Chart by TradingViewTechnical Indicators
Trading Volume: The buying volume today is strong, but the big question is if they can sustain it over the coming days.
RSI: The daily RSI managed to stay above 50 points, placing it on the bullish side. As long as this is maintained, ADA

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ADA Price Analysis: Cardano at Critical Support, is $0.40 In Sight?

May 24, 2022

ADA failed to sustain a rally and break the key resistance. Now, the price is dangerously close to a critical support.
Key Support levels: $0.50, $0.40 
Key Resistance levels: $0.60, $0.75
ADA attempted to rally yesterday, but the price was quickly pushed back to the key support at $0.50. Should this critical level fall, then the cryptocurrency could go all the way down to $0.40. The important resistance sits at $0.60, and Cardano only managed to test this level once when it was sharply rejected.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume is absent. There is simply no momentum behind the price action, and the best ADA could do is move sideways. This is a sign of weakness in the market.
RSI: The daily RSI made a higher low and higher high, but

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Shiba Inu Price Analysis: After Losing 25% Monthly, SHIB Could Drop Much Lower

May 8, 2022

After failing to maintain the critical support level, Shiba Inu’s native token crashed and is on a path to setting a new local low.
Key Support level: $0.000017
Key Resistance level: $0.000020
The support at $0.000020 turned into solid resistance on Saturday and today’s price action confirmed the breakdown with another daily red candle. The next key support is found at $0.000017 and SHIB, heading there, could find a temp relief upon reaching the support level.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume decreased as the price dropped. Generally, this is a bullish signal, but considering the overall bearish market conditions, it is better to wait for a reversal confirmation.
RSI: The daily RSI is quickly approaching the oversold area again (under 30

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Dogecoin Volatility with 40% Surge and Retracement, Where to Next? (DOGE Price Analysis)

April 27, 2022

Dogecoin rallied 40% this week when the news that Elon Musk has bought Twitter was confirmed. Elon hinted in the past that Twitter could use Dogecoin for payments.
Key Support levels: $0.125, $0.11
Key Resistance levels: $0.15, $0.19
DOGE was an outlier on Monday, exploding in price and increasing by 40% before bears took over the price action. Since then, the cryptocurrency has fallen back into a range between $0.125 support and $0.15 resistance. This indicates a flat trend.
Buyers could not sustain such a rally, particularly when most of the market remains bearish. Therefore, a new push will be needed to break this range.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume exploded similar to the price, but the excitement was short-lived. Since Monday,

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Shiba Inu Price Analysis: SHIB Fails to Breakoutout of Consolidation Range

April 19, 2022

Despite the listing on Robinhood, SHIB has lost most of its recent gains.
Key Support level: $0.000023
Key Resistance level: $0.000028
The rally last week, which was following the news, could not hold SHIB’s price above the key resistance at $0.000028.
Since then, SHIB has dropped back toward the critical support at $0.000023, where it found a local bottom. However, the overall price action is turning bearish despite some attempts from buyers to change this.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume of the past days was low, without sufficient momentum to push SHIB away from its current range.
RSI: The daily RSI remains around the 50 points level, but this can quickly change if SHIB breaks below the critical support.
MACD: The daily MACD did a

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ADA Price Analysis: Cardano Opens Monday in Red, What’s the Next Support if $0.90 Fails?

April 18, 2022

Key Support levels: $0.90, $0.79 
Key Resistance levels: $1, $1.2
This Monday saw the market open in red, and ADA dropped 5% in a few hours. The support at $0.90 is struggling to prevent the cryptocurrency from falling lower but will likely fail if the selling pressure continues. Should that happen, ADA has good support at $0.79. The resistance at $1 is unlikely to be tested considering the current price action.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume picked up on this latest drop after a flat price action over the weekend. This is bad news for bulls and shows the sellers are serious.
RSI: The daily RSI made a lower high and may make a lower low again which would place the trend firmly on the bearish side.
MACD: The daily MACD remains bearish,,

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Ripple Price Analysis: XRP Sees a Green Week, Against the Trend

April 17, 2022

XRP had a great end of the week, unlike the current sentiment of the crypto markets.
Key Support level: $0.70, $0.58
Key Resistance levels: $0.85
XRP recovered well after touching the key support at $0.70 and rallied 10% on Friday. As usual, the current weekend sees almost no volume and not much price action. The next key resistance lies at $0.85 and could be tested soon if XRP opens the new week in green.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume is low as of now, but XRP had seen a massive spike on Friday. Could this continue on Monday?
RSI: The daily RSI remains around 50 points and has not yet formed a clear trend. Price has to continue up to turn this flat trend into a sustained rally.
MACD: The daily MACD could turn bullish tomorrow if XRP

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Shiba Inu Price Analysis: Following the Robinhood News, Here’s The Next Target for SHIB

April 16, 2022

Key Support level: $0.000023
Key Resistance levels: $0.000028
SHIB went through a massive spike once the news of it being listed on Robinhood broke out. Despite the 35% surge, the cryptocurrency quickly returned under the key resistance at $0.000028, failing to convert this news into a sustained rally. The support at $0.000023 continues to hold since March.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume exploded last Tuesday as the news broke out but could not be sustained. The initial hype faded, and now the price is back to its usual levels.
RSI: The daily RSI continues to hover around its mid-level point at 50. This indicates a flat trend without much direction, despite a sharp attempt by buyers to take Shiba higher.
MACD: The daily MACD did a

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Cardano Eyes Its Next Major Move As Volume Decreasing: ADA Price Analysis

April 16, 2022

Cardano’s native token, ADA, found support just under the $1 mark but so far failed to create bullish momentum to reclaim back above it, but the next price move is imminent.
Key Support levels: $0.91, $0.79 
Key Resistance levels: $1, $1.2
ADA found support on top of the $0.91 level after the price broke below $1. Since breaking below the milestone level, it had turned into key resistance. Because bears did not manage to push ADA much lower, bulls may take advantage of this to take ADA back on the uptrend to reclaim the $1 level.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume is dropping, indicating a significant move coming soon. Considering it is a weekend as of writing this, it’s expected to occur around the start of the new week.
RSI: The daily RSI

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ADA Price Analysis: Cardano Attempts to Break Above $1.2, How High Can It Go?

April 4, 2022

Key Support levels: $1, $0.78 
Key Resistance levels: $1.2, $1.6
ADA’s bullish momentum continues with the price challenging the $1.2 resistance. The following major resistance after that would be at $1.6. The support at $1 seems less likely to be retested as $1.2 will turn into support if this price action is maintained.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume is not great. Therefore, the strength of this push may come into question if it doesn’t pick up.
RSI: The daily RSI is quickly moving into the overbought area (>70 points). The RSI has to make a higher high to signal confidence in the current run.
MACD: The daily MACD is bullish and is curving back up again. This is good news, but the bulls have to maintain the buying pressure.
Chart by

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ADA Price Analysis: Cardano Hits $1.2 Resistance, What’s Next?

March 30, 2022

Key Support levels: $1, $0.78 
Key Resistance levels: $1.2, $1.6
ADA’s bullish momentum took it all the way to $1.2, which was the main target for this rally. At the time of this writing, it seems unlikely for ADA to break above this level, and a short pullback might be in the cards. The major support is found at $1, but ADA may not fall that low if buyers remain interested.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume is decreasing, and this supports the case for a short pullback as bulls may need to consolidate following the recent rally.
RSI: The daily RSI has reached the oversold area at over 70 points and is now curving down. A correction is likely.
MACD: The daily MACD is bullish, but the histogram is making lower highs. This is a clear sign of

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Cardano Price Analysis: All Eyes on $1 as ADA Explodes 8% Daily

March 22, 2022

Key Support levels: $0.78, $0.68
Key Resistance levels: $1, $1.2
After successfully testing the $0.78 level as support, ADA’s price quickly moved higher and is now approaching the key resistance at $1, which will be a significant test for buyers. The indicators are also turning quite bullish on this most recent price action, but volume continues to be lacking.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume remains flat so far. This is not ideal, but all eyes are on the key resistance at $1, which will be decisive in where ADA is headed next.
RSI: The daily RSI is bullish and moving higher towards the overbought area. If the cryptocurrency is rejected at the key resistance, then the RSI may fall before passing 70 points.
MACD: The daily MACD moving

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Ripple Price Analysis: $0.7 Support Holds, is XRP Relief Rally Underway?

March 7, 2022

Key Support level: $0.70, $0.58
Key Resistance levels: $0.86
XRP’s price managed to hold well above the key support at $0.70, and now the lower timeframes such as 4-hours are turning bullish, which can lead to a short relief rally. It is unlikely for the price to reach the key resistance at $0.86, but this is a good sign for bulls.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume remains low, so it’s best to be careful during any relief rally as it may trap buyers.
RSI: The daily RSI remains flat, but it is now trying to curve back up. If the price continues up, the RSI could make a higher high, but that seems ambitious at this time.
MACD: The daily MACD is bearish. The histogram is making higher lows which is encouraging, but further confirmation is

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Ethereum Price Analysis: ETH Facing Critical Support Ahead of the New Week

March 6, 2022

ETH had seen a difficult weekend so far, unable to move away from the critical support at $2.5K. The overall crypto market sentiment is slightly bearish after Bitcoin got sharply rejected below $40K.
Key Support levels: $2,560, $2,330
Key Resistance levels: $2,800, $3,000
Since ETH got rejected at the $3,000 resistance level, the price quickly dropped towards the key support at $2.5K. The latter was the daily low in the past three days – Friday, Saturday, and Sunday.
So far the key support level held well and buyers managed to step in and prevent a further drop. However, in case of a breakdown, we can expect ETH to quickly reach the next major support at $2.3K, which is February’s low.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume almost disappeared

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Cardano Price Analysis: ADA at Decision Point, Huge Move Incoming?

March 6, 2022

ADA’s price had found solid support upon the critical level at $0.84 and was managed to hold it for the past several days, also unable to move higher. This consolidation is likely to end sooner or later with a huge move.
Key Support levels: $0.84, $0.68
Key Resistance levels: $1, $1.1
As seen on the chart below, after getting rejected last week trying to break above the $1 key resistance level, ADA’s price quickly retraced down to retest the $0.84 mark. If buyers cannot push the price higher soon, then sellers may take the opportunity and break below the key support level, targeting the next major support at $0.68.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume was very low over the past two days. Watch the price action and volume closely on Monday, as

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Ripple Price Analysis: XRP Riddled with Indecision as Push to $0.86 Less Likely

March 3, 2022

Key Support level: $0.70, $0.58
Key Resistance levels: $0.86
XRP’s price found good support at $0.70, where buyers managed to hold the selloff from the previous week. Since then, it has stayed above this level but failed to rally much higher, with the key resistance at $0.86 being well-defended by bears. For this reason, XRP continued to move sideways in a flat trend.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume is decreasing, which is not encouraging in case XRP’s price wants to go higher. It shows weakness.
RSI: The daily RSI remains flat, around 50 points. During such moments, it is best to wait until a clear direction is confirmed.
MACD: The daily MACD is really close to making a bullish crossover, but the momentum is not there yet.
Chart by

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Ethereum Price Analysis: ETH Attempts a Move Above $3K But is a Pullback Inbound?

March 2, 2022

Key Support levels: $2,500, $2,300
Key Resistance levels: $3,000, $3,400
After a rally in which ETH increased by almost 18% in two days, the resistance at $3,000 has put a brake on this momentum. The price failed to move higher and may enter a short pullback towards $2,800 or $2,500 which should act as support.
Chart by TradingViewTechnical Indicators
Trading Volume: The volume has been falling during this most recent rally, which puts some doubt on a potential continuation.
RSI: The daily RSI is at 55 points but now is curving back down. Should ETH fail to break the key resistance, then the RSI will confirm a lower high, which is a bearish indicator.
MACD: The daily MACD is bullish, and should ETH suffer a mild correction, this will likely not be sufficient to change the

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