Hello Traders! ZRX is moving in a downtrend gradually completing the decline phase. The price is fixed below the resistance level of $0.310 Selling culmination will be the price exit into the range of $0.153 - $0.200. Medium-term purchases can be considered closer to the support level of $0.153. The targets of such purchases will be the levels of $0.31 and...
Hello Traders! The downward price formation of IOST continues. The price is testing the support level of $0.01350 Based on the analysis of senior timeframes, it is possible to assume the continuation of the downward price trend to the levels of January 2021. In this case, we can consider the set of medium-term positions, which we can gain at the support level of...
Hello Traders! FTT continues its downward movement. Price is testing the support level of $24.50 and fixed below MA100 on a weekly timeframe. Based on the current macroeconomic situation with inflation and the debt load in the crypto-industry, we can assume that the market will continue to plunge. In that case, on the next wave of falling, there are...
Hello Traders! ZIL continues to move within the descending channel. The price is near the support level of $0.0330. Based on the nature of the price development, we can assume the exit of the price to the center of the channel - resistance level of $0.0580 with the purpose of collecting liquidity, after which the downward movement will continue. Completion of...
Hello Traders! The downward price formation of WAVES continues its development within the framework of the falling phase. Currently, the price is near the support level of $4.35. Taking into account the local dynamics of Bitcoin, it is possible to assume the exit of the price to the resistance level of $8.20 with the purpose of liquidity collection. Based on...
Hello Traders! BAT moves within the descending trend, gradually completing the previous market cycle. The price is near the resistance level of $0.43, which will serve as a trigger for the continuation of the local counter-trend movement. We can assume that if the local trend breaks, the downward pricing on the asset will continue. We should expect the...
Hello Traders! Since last May, bitcoin dominance has been moving within a wide range of sideways movement between 39.30-48.00%. In the May-June sell-off wave, the dominance value tested the 48.00% level, followed by an impulse correction. Most of the altcoins showed growth from their local minimums within 40-50%. If the selling pressure on the market continues,...
Hello Traders! ETH consolidated for a month in a narrow range of $1740 - $2134. As a result, the price broke through the next support level of $1440 and consolidated under it. Then the level of $1120 was tested, which was followed by the rebound. At the moment, the price consolidates near the support level of $1120, suggesting the continuation of the local...
Hello Traders! After the long consolidation near the support level of $29000, the downward movement continued. The price broke through the level of $22800, consolidated under it, and tested the psychological mark of $20000. On the fall below $20000, there was an increase in margin positions in favor of LONG. After the price rebounded to $20250 - $21700, these...
Hello Traders! FTM continues its downward price formation. Currently, the asset is testing the support level of $0.27. The appearance of convergence on a two-day timeframe confirms the strength of a downtrend, the aggressive continuation of which will send the price to new support levels. Soon we can assume that the downward movement will culminate in a...
Hello Traders! LTC price continues to move within the descending trend. The downside phase is nearing completion. The culmination of the downward price formation will be the departure of the price under the support level of $39.30 We can consider medium-term purchases in the range of $29.50 - $39.30 Targets will be price levels of $63.00 and $83.00 Good...
Hello Traders! ALGO price continues to move within the descending trend completing the previous market cycle. The culmination of the falling phase will be an aggressive downward exit of the price under the support level of $0.25 Medium-term purchases can be considered at $0.1440 - $0.1900. The targets of such purchases will be price levels of $0.25 and...
Hello Traders! KSM continues its downward movement. Currently, the price is testing the support level of $44.00. Closing under $44.00 will trigger a further continuation of the downfall. The result of such movement will be the price exit to $16.82 Medium-term purchases can be considered at $16.82 - $25.93. The targets for such purchases will be the price...
Hello Traders! MANA continues downward movement The price is currently under $0.95, which acts as resistance. We can assume that in the near future, the downward trend will continue as an impulse movement. In this case, it is possible to consider the medium-term purchases. The price range of $0.36 - $0.48 will be an area of interest for such purchases. The...
Hello Traders! MATIC is moving within the descending trend. Currently, the price is consolidated under the price level of $0.70 and MA100 on the weekly timeframe, which acts as a solid technical trigger in favor of the asset's continuation of the fall. It can be assumed that the continuation of Bitcoin devaluation as an index of the whole cryptocurrency...
Hello Traders! The price of SOL continues to move within the downtrend. After the momentum, the price tested the support level of $37.30, where the rebound to the resistance level of $55.90 followed, which formed the consolidation range. If the price leaves and fixes under the support level of $37.30, we can assume the continuation of downward pricing. A...
Hello Traders! ETH continues to move within the global downtrend. After the downward momentum, the price found support near the level of $1740. At the moment, there is a consolidation in the sideways range of $1740 - $2140. Taking into account the local wave of positivity in the market, as well as a large number of traders opening short positions in the...
Hello Traders! Following the downward movement impulse renewing the minimum at $25400, BTC price continues to consolidate in a narrow range of $29000 - $31800. Considering the liquidity of sellers collected behind the lower boundary of the range - $29000 price level with the subsequent exit of the price upward, we can assume the continuation of the local upward...