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Tag Archives: Price Analysis

Solana Surges 34% Weekly But is the New Year Rally Running out of Steam? (SOL Price Analysis)

In a somewhat surprising move, Solana’s price exploded this past week, putting bears on the defensive. Key Support levels: $9.5 Key Resistance levels: $15 After falling to the single-digit territory (almost $8), Solana seemed destined to continue on the bearish footing. However, this was interrupted on Monday when the price suddenly spiked higher after finding good support at $9.5. This led SOL to close the past seven days with a 34% price increase. The resistance is at $15,...

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Cardano Spikes 4% in a Day, but Is The Worst Over? (ADA Price Analysis)

After making a lower low in December, Cardano surprised the market in the new year by opening in green. Key Support levels: $0.24, $0.20 Key Resistance levels: $0.30, $0.34 Optimism is building up as Cardano seems to have found good support at $0.24. Since the start of 2023, ADA is in green and does not appear to be looking back. If this momentum continues then, this cryptocurrency could even target $0.30, which is the next key resistance. Chart by TradingViewTrading Volume:...

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Crypto Price Analysis Dec-30: ETH, XRP, ADA, MATIC and SOL

This week, we take a closer look at Ethereum, Ripple, Cardano, Polygon, and Solana Ethereum (ETH) Another week has passed with little excitement for Ethereum investors as volatility was low – likely due to the Christmas holidays. However, ETH’s price did fall by 2% in the past seven days. This is a negligible move in the price, which still remains in a flat trend. This cryptocurrency remains stuck between the key support at $1,160 and the resistance at $1,240. This channel is...

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Crypto Price Analysis Dec-23: ETH, XRP, ADA, BNB and DOT

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Polkadot Ethereum (ETH) ETH fell by 3.1% in the past seven days after it lost the support at $1,240, which has now turned into a resistance. The bulls stepped up at $1,150, and since then, ETH has been trending upwards. In the next few days, this cryptocurrency seems likely to attempt to reclaim the $1,240 level as support. However, to achieve this, buyers need to keep it up. So far in December,...

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SOL Soars 7% Daily After SBF’s Arrest: Here’s the Next Target (Solana Price Analysis)

Since the collapse of FTX, Solana has been moving sideways, consolidating above $12. But now the price action is giving hints that this may change soon, and interestingly, the positivity came a day after SBF was arrested. Solana Price Analysis Key Support levels: $12.5 Key Resistance levels: $15.5 Solana found good support at $12, and the price never went under this key level since November. Buyers now appear eager to take SOL higher and challenge the resistance at $15. While...

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Crypto Price Analysis Dec-9: ETH, XRP, ADA, BNB and LTC

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Litecoin. Ethereum (ETH) In the past week, Ethereum consolidated its price above the key support at $1,240 by moving sideways, which did not allow it to diverge much compared to seven days ago. However, this price action made a higher low which could be interpreted as bullish. If buyers return to ETH, the next key resistance is found at $1,365, where it is likely to face a more significant...

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

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...

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

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...

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

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...

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

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...

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