Tag Archives: Price Analysis

Matic is trying to bounce back, but the buying volume is currently low.It is now holding a previous break level as support after losing almost 4% of its value overnight.The price is targeting $0.027 level in the next few days if Bitcoin continues to consolidate.MATIC/USD: Buyers Showing Interest After 3.12% DiscountKey Resistance Levels: $0.023, $0.025, $0.027Key Support Levels: $0.021, $0.020, $0.019MATIC/USD. Source: TradingVIewMatic is currently down by 3.12% overnight, but it is starting...

After a slight weekly rebound, VET resumed selling pressure with 4% losses over the last 24-hours.A slip beneath the monthly low could cause more troubles for the 28th ranked crypto by market cap.The market is currently looking bearish on the hourly time frame.VET/USD: VeChain Trades At Crucial Support LineKey Resistance Levels: $0.0095, $0.0107, $0.011Key Support Levels: $0.0076, $0.0066, $0.0060VET/USD. Source: TradingVIewVeChain has lost a major chunk of its value over the last seven days...

BitcoinBitcoin saw a period of sideways movement over the past week as it dropped by a small 0.5%. The cryptocurrency has pretty much traded between $9,600 and $9,200 over the past seven days as it remains above the rising trend line support.So long as BTC can continue above this rising trend line, the bullish trend would be intact.Looking ahead, if the buyers push above $9,600, the first two levels of resistance lie at $9,815 and $10,000. Above this, additional resistance is found at $10,226...

Cardano is performing relatively well following a sharp bounce from $0.0637The bounce was followed by a break out from a two weeks resistance lineADA/USD: Cardano’s Price Rejects Near $0.085Key Resistance Levels: $0.0846, $0.088, $0.0917Key Support Levels: $0.074, $0.0688, $0.0631ADA/USD. Source: TradingViewCardano recently broke out from a two-week downtrend to reach $0.084 with small gains over the past hours. Тhe price has currently dropped to $0.815 after witnessing 0.30% losses. The...

Tezos found a bottom around $2.45 after a steady two weeks decline.The overall market is starting to recover the loss with about 0.8%.Against Bitcoin, the price dropped back after a sharp rejection at 28000 SAT level, although it may resume buying short.XTZ/USD: Tezos Is Primed For RecoveryKey Resistance Levels: $2.68, $2.71, $2.75Key Support Levels: $2.58, $2.45, $2XTZ/USD. Source: TradingViewTezos appeared to have found a bottom around $2.45 on Monday following a two-week drop from around...

CRO found support around $0.1, but it is still shaky to provide a strong rebound.It is now ranked 11th by market cap, following 260% growth in three months.Against Bitcoin, CRO buyers appear exhausted after five weeks of parabolic movements.CRO/USD: CRO Exhausting Bullish MomentumKey Resistance Levels: $0.1165, $0.1176, $0.1193Key Support Levels: $0.11, $0.105, $0.1CRO/USD. Source: TradingViewThe steady increase in CRO’s price has been quite impressive and significant, with about 260% gains...

Chainlink broke down from a channel after reaching $4.9 during a three-month rally.Against Bitcoin, it started to form a symmetrical triangle pattern after recording a yearly high at 56739 SAT in March.LINK regained momentum with an 8% surge overnight.LINK/USD: Chainlink Dropped Off Short-Term ChannelKey Resistance Levels: $4.25, $4.5, $5Key Support Levels: $3.5, $3, $2.8LINK/USD. Source: TradingViewFollowing Bitcoin’s crash to $8900 yesterday, Chainlink’s price dropped by almost 5% to a...

A weekly close beneath $0.075 and the 3-month trend line suggest a strong correction.The price dropped by 8.5% following a weekly bearish close around $0.07.XLM/USD: Stellar Broke Below 3-Month Trend LineKey Resistance Levels: $0.0738, $0.080, $0.086Key Support Levels: $0.0627, $0.0523, $0.045XLM/USD. Source: TradingViewThe latest dump in the entire crypto space has caused a significant loss in Stellar’s price over the past hours. Earlier this month, it traded as high as $0.086 after seeing a...

The trajectory remained bullish on the daily chart, although bears are currently showing strong interest.The price dropped after marking a new yearly high around $0.0107 on June 4.VeChain lost 9% today after rolling back under 100 SAT.VET/USD: VeChain Signals Short-Term SellKey Resistance Levels: $0.01, $0.0107, $0.01167Key Support Levels: $0.0087, $0.0075, $0.0064VET/USD. Source: TradingViewVeChain remains bullish on mid-term perspective despite dropping slightly from a $0.0107 on June 11....

Cardano looks for a rebound after losing 10% in the last seven days.The price is currently looking indecisive across trading pairs.It may breakdown if the immediate support fails to hold incoming pressure.ADA/USD: Cardano Looking For A ReboundKey Resistance Levels: $0.085, $0.088, $0.0917Key Support Levels: $0.074, $0.0688, $0.0631After breaking out from a channel to $0.091 earlier this month, Cardano dropped and started to suspended short-term bullish sentiment. However, the trend is still...