Tag: macd

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

Apr 03 2022

Mar 29 2022

GALA Price Prediction: Post-Retest Displays 33% Growth Potential For GALA Holders

On March 28th, the GALA sellers tried to revert altcoin from $0.273 resistance, initiating from a long-tail rejection candle. However, they couldn’t follow up on the selling momentum, which allowed...

Mar 27 2022

Mar 26 2022

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 20 2022

XRP Price Prediction: XRP Price To Rechallenge $0.9 Resistance; Buy Time?

The continuation pattern resulting in favor of bulls has set a new recovery for the Ripple(XRP) price. The sluggish rally continues to approach the local resistance of $0.9, hoping to overcome February's high resistance. Can buyers maintain the buying momentum to the $1 mark? Key points: The 50-and-100-day SMA nearing a positive crossover The daily-MACD...

Mar 19 2022

Sandbox Price Prediction: Doji Candle Hints Indecision Among SAND traders; Hold Or sell?

For over a month, the Sandbox(SAND) price has been trapped within the $3.5 and $2.66 levels. However, the recent bull cycle had surged the coin price to dynamic resistance trendline teasing for a bullish breakout. Can buyers breach this overhead resistance, or will sellers dominate the field again? Key points: The SAND price buyers try...

Mar 16 2022

BAT Price Analysis: BAT Token Price Eyes $1 As Charts Confirm Double Bottom Formation

The BAT/USDT pair reaches a potential reversal point with the double bottom formation. However, the pattern breakout must sustain the rise in trading volume for bullish commitment. However, the long-coming correction brings multiple operating forces to keep the trend going. Will the bullish intentions overpower formidable selling pressure? Key points: A sudden spike in volume...

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...

MANA Price Prediction: MANA Sellers Breach Major Support Levels; Will MANA Price Revisit $2 Support?

On March 7th, the Decentraland(MANA) sellers took the final leap and breached the continuation symmetrical triangle pattern. Today, the coin price gives a retest to the breached support where the long-wick rejection candle suggests a potential 15% fall. Key points: The MANA chart shows higher price rejection at its flipped $2.4 resistance The 24-hour trading...

Mar 10 2022

Near Price Analysis: Inverted Head And Shoulder Pattern Indicate An Upside Move To $14

Mar 10 2022 Published at Coingape under tags  macd mas near price analysis news price analysis

On Wednesday, the Near Protocol(NEAR) buyers made a flashy recovery against last week's correction rally. The coin price rebounded from the $9.5 support, showing a 16% long bullish candle. The price action is now forming the right shoulder of the inverted H&S pattern, nearing a bullish breakout from its $11.76 neckline. Key points: The NEAR...

Mar 08 2022

XRP Price Prediction: XRP Trapped In Symmetrical Triangle; Upside Breakout May Trigger 25% Gains

Mar 08 2022 Published at Coingape under tags  emas macd news price analysis xrp price analysis

On Monday, the Ripple (XRP) price action displayed highly volatile, resting both the resistance and support trendline before settling with a Doji candle. However, the altcoin approaching the pattern’s apex would soon provide a directional rally to traders. Key points: The XRP buyers face strong resistance from the 50-day EMA The intraday trading volume in...

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...

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