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Tag Archives: Price Analysis

Crypto Price Analysis Dec-8: ETH, XRP, ADA, SOL, and BONK

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and BONK. Ethereum (ETH) ETH’s price booked a 12% increase this past week after it was finally able to escape the ascending triangle that has been forming since 2022. The breakout above $2,150 started this rally, which may not see any significant pullback until $2,500. That is the current target for this move. If buyers remain aggressive, they could aim to take Ethereum to $3,000 after that. Looking...

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BNB Crashes 5% Weekly but How Low Can it Go? Three Things to Watch this Week (Binance Coin Price Analysis)

With buyers absent, BNB is struggling to hold above $200. Key Support levels: $206, $180 Key Resistance levels: $220, $230 1. Indecision Continues Binance Coin has not managed to move away from its key support just above $200. This is not ideal, as any new sell pressure could quickly test or even break this level. The price action also shows that sellers are having the upper hand right now. Chart by TradingView.2. Indicators Lean Bearish The volume and momentum indicators...

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Crypto Price Analysis Sep-22: ETH, XRP, ADA, SOL, and BNB

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Since June, Ethereum has formed a large ascending triangle. However, yesterday, the price fell under this formation and closed the week with a 2% loss. This puts ETH in a difficult position as it signals this correction may just be starting. There is good support at $1,440 and ETH may test this level before any sustained recover can be had. So far, the price action remains...

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This is the Crucial Level SHIB Must Break to Turn Bullish: Shiba Inu Price Analysis

Shiba Inu’s native token has been demonstrating bearish price action over the past few weeks since getting rejected at a critical resistance level. Yet, a more severe decline may still occur in the short term. Technical Analysis By Edris The SHIB/USDT Chart On the USDT-paired chart, the price has been rejected from the $0.000011 resistance level, leading to an impulsive drop below the 50-day and the 200-day moving averages located around the $0.0000085 and $0.0000095 levels,...

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What’s Next for SHIB Following 22% Weekly Disaster? 3 Things to Watch This Week (Shiba Inu Price Analysis)

SHIB bounced, but failed to move above the key resistance. Key Support levels: $0.0000080, $0.0000070 Key Resistance levels: $0.0000085, $0.000010  1. Rejection at Key Resistance The price found support at $0.0000080 and tried to move higher but was quickly rejected once reaching the resistance at $0.0000085. Since then, the cryptocurrency fell back on the key support, which is now put under pressure again. Chart by TradingView2. Sellers Dominate In the past nine days,...

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Can SHIB Explode Higher? Here’s What You Need to Know (Shiba Inu Price Analysis)

Shiba Inu is in a clear uptrend, and momentum still favors bulls. Key Support levels: $0.0000080 Key Resistance levels: $0.0000094   1. Clear Higher Highs The price has been making higher highs since late June, and SHIB has not stopped since. This puts the price in a clear uptrend which could take SHIB to the key resistance at $0.0000094. However, in the process, this meme coin also appears to have formed a bearish wedge which could see the price break under it once the key...

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Crypto Price Analysis July-21: ETH, XRP, ADA, SOL, and MATIC

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Polygon. Ethereum (ETH) Ethereum has shown indecision in the past week. This allowed sellers to take over the price action, which ended the week with a 5% loss. Despite this correction, the cryptocurrency remains above the key support at $1,820. The current resistance is found at $2,000. ETH tried several times to turn this key level into support, but buyers were not strong enough, and the price fell...

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Crypto Price Analysis July-14: ETH, XRP, ADA, BNB, and SOL

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) The market turned bullish yesterday, and Ethereum broke above $2,000. This allowed it to book a respectable 7% price increase this week. The momentum is bullish, and continuation seems likely. The current resistance is found at $2,120 and represents a local high achieved in April which is also the last time ETH broke above $2,000. A second attempt to break this key level...

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ADA Plummets 7% Weekly, Here’s How Low it Could Go (ADA Price Analysis)

With volatility declining, buyers may soon have an opportunity to stop the downtrend. Key Support levels: $0.24 Key Resistance levels: $0.29 The weekly price for ADA shows a 7% loss. However, sellers appear to have lost interest since the crash on June 10th and have failed to take the price lower. With good support at 24 cents, bulls may have an opportunity to push ADA higher in the coming days. Chart by TradingViewTrading Volume: The volume crashed in the past few days. It...

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Analysis of This Week’s Worst Performers: LDO, ADA, APT, SOL, and MATIC

This week, we take a closer look at the worst performing altcoins with a market cap of over $1 billion: Lido, Cardano, Aptos, Solana, and Polygon. Lido (LDO) | -24.8% LDO is the worst performer on our list this week after falling by almost 25%. Buyers failed to sustain the uptrend and with the support at $2 lost, the price was quick to crash. At the time of this post, the most significant support level is found at $1.4 and the resistance is at $1.8. Considering the market...

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