Hello Traders! NEAR price began its development in the downward direction. Technical confirmations for the continuation of the movement are the exit of the price under the MA100 on the two-day timeframe, as well as the exit of the indicator in the bearish zone. The return of the Bitcoin price to $30,000 was a rally for the market. Consequently, after the exit...
Hello Traders! The DOCK price is moving within the descending trend, consolidating under the MA100 on the weekly timeframe. Temporary buying activity allows expecting the price to enter the range of $0.0318 - $0.0400, after which the downward pricing on the asset will continue. It is possible to look for medium-term purchases in the price range of $0.0066 -...
Hello Traders! DOT is moving in a downtrend, developing a falling phase. We can expect a new consolidation in the buyers' area of interest at $3.90 - $5.40. It is possible to make medium-term purchases of the asset after the culmination of the sales. It is better to accumulate a position near the support level of $3.90 in the range of $3.90 - $4.60 It will...
Hello Traders! AVAX continues the development of the corrective movement. The price is looking for new support levels. Price fixing under the MA100 on the two-day timeframe, as well as the exit of the RSI indicator in the bearish zone serve as confirmations in favor of the continuation of the development of the correction. Accumulation of the asset should take...
Hello Traders! VET price continues to move in a downtrend. As the price approaches the Buyers' interest zone, the correction may end in the form of a downward momentum, which will activate buyers' stop-losses and liquidation of margin positions. The buyers' zone of interest, from which the previous upward movement developed, is in the price range of $0.010 -...
Hello Traders! LINK movement within the descending trend began to accelerate, which may indicate the soon completion of the falling phase. If we take the correction of the cryptocurrency index (Bitcoin) to $20,000 - $22,000 as a basis, we can assume that the zone of interest of buyers will be below the current price marks. A suitable price range for asset...
Hello Traders! The price of XRP continues to move in a downtrend, completing the phase. Buyers' interest area is in the $0.147 - $0.250 price range. It is better to wait for the movement's culmination. A decrease in price in the area of interest of buyers will give an opportunity to accumulate the asset at comfortable prices. It's better to start...
Hello Traders! The XLM ends the decline phase usually followed by an accumulation. The return of the price to the main trading range of $0.050 - $0.116 will give the opportunity to find entry points for medium-term purchases. It's worth accumulating closer to the support level of $0.050, in the range of $0.050 - $0.073. Price levels of $0.137 and $0.200...
Hello Traders! After long price distribution in the range of $22.00 - $44.00 ATOM passed to the falling phase. In case of continuation of descending dynamics of market movement it is possible to expect the further movement of price of assets to the following levels of support. For medium-term purchases at the moment there are no comfortable prices. It is...
Hello Traders! After the end of the ADA rise, the development of a corrective movement began. At the moment the price is lodged under the MA100 on the weekly timeframe and the RSI indicator has moved into the bearish zone. The presence of such bearish triggers indicates a continuation of the downward movement. You may start to work on sales after the price...
Hello Traders! If Bitcoin price goes below the current support in the $29500 - $31000 range, we should expect a continued decline in altcoins, which will lead to an increase in Bitcoin dominance. On the chart, we see that the price value has found support near the 39.25% level and is currently approaching a breakout of the nearest resistance level of 44.50% and...
Hello Traders! Ethereum continues to undergo a downtrend. The price has tested the MA100 on the weekly timeframe, the RSI indicator is in the bearish zone. Given the current state of the market, we can expect the continuation of the devaluation of the asset in search of buyer liquidity. We may consider shorting the asset in case of price-fixing under the...
Hello Traders! After a long distribution in the range of $31000 - $9600 Bitcoin begins the decline phase. The development of the bearish scenario is confirmed by two strong triggers: - Price movement under the MA100 on the weekly timeframe; - Fixation under $31000 level. Additional external factors exerting a negative influence on the price are the gradual...
Hello Traders! DOGE is finishing correctional trend and smoothly enters the accumulation phase. At the moment the price is in the trading range of $0.115 - $0.185. Taking into account the current state of the market, it is necessary to start looking for potential opportunities to open positions in the middle and long term. It's better to place orders from...
Hello Traders! SRM has completed the previous cycle and enters accumulation. At the moment the price of the asset is in the trading range of $1.68 - $3.06 Falling trading volume and volatility are typical for the beginning of the accumulation phase of the asset. Good opportunities for medium and long term purchases are opened near the price levels of $1.68 and...
Hello Traders! After the end of the previous cycle, the price of ONT returned to the main trading range of $0.30 - $0.65. At the moment the price is near the support level of $0.50 Price approach the lower border of the range - price level of $0.30 providing an opportunity to set medium-term and long-term purchases with good profit potential. It is best to...
Hello Traders! Since May 2021, BAL has been moving in a downtrend. The price returned to the main trading range of $10.83 - $18.84. At the moment the asset begins the accumulation phase and after its completion, a new cycle will begin, and the current price decrease opens good prospects for medium-term and long-term purchases. It is possible to gain a...
Hello Traders! 1inch completes the correction phase moving in a local downtrend. The price reached the buyers' interest zone of $1.05 - $1.58 In the visible trades volume profile, we see that the main volume is traded above the level of $2.54, which means that buying below the $1.58 price level will be very advantageous for the medium and long-term deals. It...