Archiwa tagu: chart

Tron-based JustSwap attracts more users than Polygon’s DEX QuickSwap

Tron-based JustSwap attracts more users than Polygon's DEX QuickSwapTron-based automated liquidity protocol, JustSwap has clocked in more unique active users in its platform than the Polygon-based decentralized exchange, QuickSwap. For the longest time, QuickSwap has held the second position in DappRadar exchange rankings in terms of users. However, according to the latest chart by the digital analytics firm, JustSwap has managed to “swoop […]

XRP Prepares for a Takeoff towards $1 – Price Prediction

Briefly – – XRP took advantage of market positivity to recoil from the $0.52 support, clearing its way towards $0.6. – A break over the month-long declining trend-line revives the effort by bulls to take the altcoin to $1. Price Update Ripples XRP looks to gain some ground after the sell-off earlier on the week. …

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EOS Price Analysis: Bears Take Step Back, Key Resistance Nearby

EOS extended its decline and traded below the $3.50 support zone against the US Dollar. The price is now trading below the $3.75 support and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $3.40 on the 4-hours chart of the EOS/USD pair (data feed

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Litecoin (LTC) Price Analysis: Chances of Steady Recovery Above $120

Litecoin price extended its decline below the $110 support zone against the US Dollar. LTC price is now trading below $120 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $114 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The

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Tron (TRX) Price Analysis: Upsides Remain Limited Below $0.055

Tron price started a fresh decline from well above $0.0600 against the US Dollar. TRX price is now trading well below $0.0550 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0530 on the 4-hours chart (data feed via Bitfinex). The pair could correct higher, but

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TA: Bitcoin Trim Losses, Why Bulls Need To Overcome $32.5K For More Upsides

Bitcoin price started a strong upward move from the $29,250 support zone against the US Dollar. BTC must settle above $32,000 and $32,500 for more upsides in the near term. Bitcoin started a strong increase above the $30,000 and $31,000 resistance levels. The price is now trading well above $31,000 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $31,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct gains, but the bulls are likely to remain active near $31,200. Bitcoin Price Surges above $32,000 Bitcoin price found a strong buying interest below the $30,000 level. BTC formed a support base near the $29,300 and it started a major recovery wave. The price surged above the $30,000 and $30,500 resistance levels. There was a clear break above the 61.8% Fib retracement level of the recent downward move from the $31,900 swing high to $29,312 low. There was also a break above a major bearish trend line with resistance near $31,250 on the hourly chart of the BTC/USD pair. The pair jumped above the $31,500 level and the 100 hourly simple moving average. Finally, there was a break above the $32,000 resistance zone. It tested the $32,500 resistance zone. It seems like the bears were active near the 1.236 Fib extension level of the recent downward move from the $31,900 swing high to $29,312 low. Bitcoin price is now consolidating above the $31,500 level. Source: BTCUSD on TradingView.com The first major resistance is near the $32,500 level. If there is a close above the $32,500 resistance zone, the price is likely to accelerate higher. In the stated case, the price is likely to move towards the $33,500 level in the near term. Dip Supported in BTC? If bitcoin fails to climb above the $32,300 and $32,500 resistance levels, it could start a downside correction. An initial support on the downside is near the $31,500 level. The first major support is now near the $31,200 zone. A clear downside break below the $31,200 support may possibly put a lot of pressure on the bulls. The next key support is seen near the $30,500 level. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now well above the 50 level. Major Support Levels – $31,500, followed by $31,200. Major Resistance Levels – $32,200, $32,500 and $33,000.