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Tag: descending
Ethereum: Assessing the odds of ETH descending lower than $1050
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. USDT Dominance is a metric that measures the market cap of the st...
LUNC Runs in a Descending Pattern
Terra Classic (LUNC) Price Prediction – June 2The LUNC/USD market operation has run in a descending trading pattern just since its inception two months ago in crypto-economy transactions. Its all-time...
Apecoin (APE) Makes Five Attempts at Breaking out From Descending Resistance Line
Apecoin (APE) has been moving upwards since May 12 and has so far created one higher low in the process. APE has been falling since reaching a high of $27.60 on April 28. Initially, the price bounced ...
Fantom Price Analysis: FTM Still Inside a Descending Parallel Channel, What’s the Escape Plan?
Fantom price is falling through a descending parallel channel over the daily chart. The crypto asset is trading at 20 SMA and is trying to move towards 50, 100, and 200-days Daily Moving averages. The...
GALA Price Analysis: GALA Gained 16% in a Descending Triangle, Will it Escape the Falling Pattern?
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Descending channel pattern and weak futures data continue to constrain Ethereum price
Despite bouncing from a 45-day low on April 30, Ether (ETH) price is still stuck in a descending channel and the subsequent 9% gain over the past four days was just enough to get the altcoin to test t...
Bitcoin price analysis: BTC forms descending triangle, ready to move back to $37,500?
Bitcoin price analysis is bearish today as we have seen another lower high set at $39,000 over the last 24 hours after a substantial retracement. Additionally, the descending resistance line has been ...
ONE Price Analysis: Descending trendline governs Harmony Price
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Ethereum: What the future holds for ETH as it breaks out of a descending resistance
ETH recently entered a correction phase and has been trading within a descending wedge pattern for the last 2 days. However, it managed to break through its descending support line in the early mornin...
Ripple price analysis: XRP retraces to $0.85, forms descending trendline
TL;DR Breakdown Ripple price analysis is bearish today. XRP/USD has found resistance at $0.85 previous support. Rejection lower seen over the second half of the day. Ripple price analysis is bearish t...
Aave v3 launch triggers 50% rally from long-term descending channel pattern
The decentralized finance (DeFi) market has been undergoing a period of maturation over the past year and many of last year’s fast risers have faded into obscurity but this does not mean the for...
Polkadot Brokeout from the Descending Consolidation, Will DOT Price Hit $25 This Weekend?
Polkadot price underwent a monstrous rally and surge beyond $50 in a very short span of time. Further shedding its gains over time, the asset dropped down below $20 to attain the level of around $15. ...
Binance Coin Price Prediction: BNB Price Looks For $450 Above the Descending Trend line Daily Close
BNB’s price manages to hold above $400 after the previous session’s modest losses. BNB price is consolidating below $420 since testing the highs of $424 on March 1. The bearish slopping line and the 2...
Decentraland Price Prediction: A Descending Trend Line Breakout Advances MANA Price Toward $3.06
MANA price extends the previous two session’s gains. The price found reliable support at $2.25. Earlier, MANA depreciated 59% from the highs of $3.55. MANA edges higher on Wednesday with modest gains....
Bitcoin Price Prediction: A Breakout Above The Descending Trend line Looks For Another 20% Upside
Bitcoin price prints modest gains as the fresh trading week begin. BTC/USD hovers in a very tight range with no meaningful traction. However, the Bitcoin price holds vital support at the 50-day, which...
Sandbox Price Prediction: SAND Price Must Breakout From This Daily Descending Trendline
On March 16th(Wednesday), the SAND/USDT pair closed 21% high on its intraday gain. The sudden SAND price increase was triggered by recent news, such as Sandbox’s partnership with ALTAVA Group to scale...
Matic Network (MATIC) Reaches 79-Day Descending Resistance Line Following Recent Low of $1.24
Matic Network (MATIC) has reclaimed a short-term horizontal support level and is in the process of breaking out from a descending resistance line. MATIC has been decreasing alongside a descending resi...
MANA Price Prediction: Attempts To Breach Descending Trend line; Targets $2.40 Next
MANA price remains negatively skewed moving in a tight range. The price action lacks conviction for a clear trend. Decentraland (MANA) is following a long-term descending resistance line with resistan...
SHIB Price Prediction: Descending Triangle Fallout Teases 10% Fall In SHIB Price
On Friday, the Shiba Inu(SHIB) sellers breached the $0.000023 weekly support and the support trendline of the symmetrical triangle pattern. the follow-up retest phase should validate if sellers are re...
Bitcoin: end of the descending trend
CryptoCompare’s new report for February 2022 has been published. One of the main points that emerged from this analysis is the interruption of the downward trend in the price of Bitcoin. Bitcoin reve...
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 chall...
SHIB Price Analysis: If Buyers Breakout Of This Descending Trendline SHIB Price May Rise by 12%
Russia-Ukraine negotiation news has put some ease on the crypto market. However, the Shiba Inu (SHIB) price resonates in a narrow consolidation over the past week, indicating no clear trend has been e...
LTC/USD Price Falls in the Descending Triangle
Litecoin Price Falls in the Descending Triangle – February 17 The LTC/USD price falls valuation in the descending triangular outlook. The market percentage is at a negative of 8.30, trading in the hig...
USD/SGD forms a descending triangle after Singapore GDP data
The Singapore dollar continued strengthening against the US dollar after the latest GDP and trade numbers. USD/SGD is trading at 1.3430, which is about 2.3% below the highest level in December last ye...
GRT Price Analysis: GRT Token testing resistance at $ 0.51 after breaking out of descending pattern
GRT Token Price is in a consolidation phase over the last couple of weeks The coin broke out of a three-month-long descending trend earlier this month The coin has been bullish over the last few hours...
Kadena Price Analysis: Kadena is testing the resistance level of the descending pattern
Kadena Coin Price has taken support at the long-term support of $ 4.60 The coin is currently testing the resistance downward sloping trend-line The coin is behaving in a range-bound fashion on the hou...
HNT Price Analysis: HNT testing the resistance of the descending triangle pattern
HNT Token is making attempts to break the resistance of the descending triangle pattern The MACD indicator indicates bullish for the token on the daily chart However, the coin looks bearish on the hou...
SAND Price Analysis: Descending Trendline Threatens 30% Fall for Sandbox (SAND)
The SAND/USD chart showed an impressive recovery from the $2.76 mark, displaying a 72% ROI. However, the rally couldn’t surpass the descending trendline and rejected to the immediate support of $4.1. ...
Dogecoin(DOGE) Price Again Attempting to Break The Descending Trend!
Dogecoin, the most popular crypto once only for the reason it spiked like never before and unlike any crypto asset. The user base expanded enormously which accommodate well-known personalities and man...