Tag: dmas

Apr 08 2022

Avalanche Price Prediction: Triangle Pattern Could Push AVAX To $1.23 Mark

The current bear cycle from the $100 resistance tumbled the Avalanche(AVAX) price by 16%. The altcoin hit the combined support of 50-and-200 DMA, preventing further losses for the coin holder. However, the trades actively respond to an ascending triangle pattern, indicating that the price is likely to bounce back from the support trendline. Key points:...

Apr 06 2022

Sandbox Price Prediction: SAND Price Signals Buy Opportunity

Over the last two weeks, the Sandbox(SAND) price formed a short...

Apr 05 2022

Sandbox Price Analysis: Range fallout Signals 10% Correction In SAND

Apr 05 2022 Published at Coingape under tags  dmas news price analysis rsi sand price analysis

The Sandbox(SAND) price has been consolidating within a narrow range for over...

Apr 04 2022

Apr 03 2022

Apr 01 2022

Cardano Price Prediction: Are We Revisiting $1?

The number of higher price rejection candles at $1.2 displays the...

Mar 31 2022

Waves Price Analysis: WAVES Price Hints Pullback To $41.8 Support

The WAVES/USDT pair has been one of the top gainers of march 2022, registering a 230% gain since the beginning of the month. This exponential growth was backed by a series of positive news such as: The launch of a U.S-based venture, 'Waves labs.' An announcement about the migration to Waves 2.0. Its partnership with The post Waves Price Analysis: WAVES Price Hints...

Mar 23 2022

Mar 22 2022

Avalanche Price Prediction: Triangle Pattern Breakout Sees AVAX Price Beyond $100 Mark

A Bullish breakout from the symmetrical triangle pattern suggests the end of the consolidation period in the AVAX/USDT pair. The potential rally should first hit the $100 resistance, whose breakout will offer another accumulating opportunity for long traders. However, sustaining the current retest phase is needed for the above bullish thesis. Key points: AVAX chart shows...

Mar 21 2022

Shiba Inu Price Prediction: SHIB Charts Show A 42% Recovery If This Bulls Hold This Retest

A descending trendline initiated from February top($0.000035) carried the recent short-term downtrend in Shiba Inu(SHIB). The memecoin lost 40% by hitting the $0.0000206 mark. However, the recent price jump has poked the dynamic resistance indicating a potential rally to $0.000033 monthly resistance. Key points: The SHIB price shows long-tail Doji candle at breached resistance Post...

Mar 19 2022

Terra Price Prediction: Luna Price Rebounds From $86 Local Support; Can It Surpass $100 Mark?

The minor correction devalued the LUNA/USDT pair by 15%, reaching the $86 mark. The buyers sustained above this new flipped support and tried to bounce back with a double bottom pattern. The bullish pattern could drive the altcoin by 11% and rechallenge the 100 resistance. Key points: The long-tail rejection candle at the $86.6 level...

Mar 14 2022

Graph Price Prediction: Will GRT Price Reclaim $0.4 Mark?

The Graph (GRT) price rebounded from the $0.317 support, registering a 14.8% ROI in the past two days. The GRT coin gave a bullish breakout from the descending triangle pattern, encouraging the buyers to overcome the overhead resistance of $0.39-$0.4. Escaping this range resistance could set further recovery of 25%. Key points: The daily-RSI slope...

Mar 13 2022

XRP Price Prediction: Can Symmetrical Triangle Breakout Push XRP Price To $1 Mark?

On March 11th, the Ripple(XRP) price finally escaped from the sluggish down rally governed by the descending trendline. The sudden price jump was backed by the recent news of the XRP vs SEC lawsuit in which the judge denied the SEC's attempt to prevent Ripple from pursuing its fair notice defense. This small win encouraged...

Mar 12 2022

Cardano Price Prediction: Falling Wedge Breakout Could Lead ADA Price To $1?

Mar 12 2022 Published at Coingape under tags  ada price analysis dmas news rsi

The Cardano (ADA) price is trapped within a falling wedge pattern for almost two months. The coin price is close to the pattern's apex and is poised to give a breakout. The winning party of this tug-of-war will lead the next rally in ADA price. Key points: The daily-RSI chart shows a bullish divergence ADA...

LUNA Price Prediction: Is $78.5 Support A Buy The Dip Opportunity?

Mar 12 2022 Published at Coingape under tags  dmas luna price analysis news price analysis rsi

On Friday, the Terra (LUNA) price turned down from the $100 resistance forming an evening star candle pattern. The long-bearish candle showed a 13% intraday loss and breached the $93 support. Can the sellers extend the correction to $78.5 support, or will buyers step in to continue their rally? Key points: The LUNA chart shows...

Mar 08 2022

SHIB Price Analysis: SHIB Holders Lose Key Weekly Support; Is $0.00002 Next?

Mar 08 2022 Published at Coingape under tags  dmas news price analysis rsi shib price analysis

The Shiba Inu(SHIB) sellers started the new week by pulling the memecoin below the $0.000023 support. Today, the coin turns green and retests this breached support level. The higher price rejection candle in the retest phase suggests extending this correction. Key points: The 20 and 50 DMA provides a bearish crossover The intraday trading volume...

Mar 07 2022

Fantom Price Prediction: Bullish RSI Divergence Triggers Recovery Rally In FTM Token; Is $1.8 Next?

Mar 07 2022 Published at Coingape under tags  dmas ftm price analysis news price analysis rsi

On March 3rd, the Fantom (FTM) recovery rally turned down from the descending trendline($2). This bearish reversal tumbled the altcoin by 34.7%, bringing it back to $1.3 bottom support. However, the buyers aggressively defend this level, suggesting a dip opportunity for traders. Key points The FTM price shows lower price rejection at $1.3 support zone...

Mar 06 2022

Ethereum Price Analysis: Do Or Die Moment For ETH Bulls As Price Nears Apex Of Symmetrical Triangle Pattern

Mar 06 2022 Published at Coingape under tags  dmas eth price analysis macd news price analysis

Over the past two months, the ETH/USD technical chart shows a short-term range bound rally. The recent reversal from the descending trendline has tumbled the altcoin by 13.5%, bringing it to local support of $2600. Can buyers revert the ongoing sell-off, or we will revisit the January low support at $2300? Key points: The MACD...

Mar 05 2022

SHIB Price Analysis: Descending Trendline Breakout Is Must To Revert Ongoing Downfall

The range-bound movement in SHIB price has dropped to the support trendline of the symmetrical triangle pattern. The buyers preparing for a bullish reversal would face a steeper trendline before challenging the pattern's key resistance. Key technical points: The 200-day DMA has flipped to valid resistance The intraday trading volume in the Shiba Inu coin...

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