DAILY CRYPTO MARKET ANALYSIS
March 22/3/2022
ADA/USD
After several attempts, Cardano finally trade above $0.94 resistance as the market aim to hit near resistance at $1.
BTC/USD
Across the hourly and daily price chart BTC/USD maintain a bearish price action to the south. As the price of the asset face rejection above $42K resistance.
ETH/USD
ETH/USD struggles to break above $2981 resistance, yet a break in price above that level could present a bullish trend in the market. Also from the daily and weekly chart ETH/USD seems to present a bullish market sentiment.
LINK/USD
Across the hourly chart LINK/USD resume bearish price action to the south after a failed attempt towards surging above $15 resistance. However, near term support will be met at $13.96 if at all the value of the asset should extend its bearish wings further.
LTC/USD
After having a successful break out above $118 resistance the value of Litecoin surged to the north.
SHIB/USD
After making a close touch at the $0.000022 initial support region the value of SHIB/USD resume positive price movement to the north. As the price action of the asset failed to plunge further.
XLM/USD
Across the hourly chart, XLM/USD trade with bullish price action as the value of the asset aim to hit immediate resistance at 0.2 cents. Perhaps if the market should maintain this positive price action beyond the current region the value of stellar could resume bullish trend to the north.
#The_Excel_Entrepreneur #Tobforex #Cryptocurrency #BITCOIN #Cardano #litecoin
March 22/3/2022
ADA/USD
After several attempts, Cardano finally trade above $0.94 resistance as the market aim to hit near resistance at $1.
BTC/USD
Across the hourly and daily price chart BTC/USD maintain a bearish price action to the south. As the price of the asset face rejection above $42K resistance.
ETH/USD
ETH/USD struggles to break above $2981 resistance, yet a break in price above that level could present a bullish trend in the market. Also from the daily and weekly chart ETH/USD seems to present a bullish market sentiment.
LINK/USD
Across the hourly chart LINK/USD resume bearish price action to the south after a failed attempt towards surging above $15 resistance. However, near term support will be met at $13.96 if at all the value of the asset should extend its bearish wings further.
LTC/USD
After having a successful break out above $118 resistance the value of Litecoin surged to the north.
SHIB/USD
After making a close touch at the $0.000022 initial support region the value of SHIB/USD resume positive price movement to the north. As the price action of the asset failed to plunge further.
XLM/USD
Across the hourly chart, XLM/USD trade with bullish price action as the value of the asset aim to hit immediate resistance at 0.2 cents. Perhaps if the market should maintain this positive price action beyond the current region the value of stellar could resume bullish trend to the north.
#The_Excel_Entrepreneur #Tobforex #Cryptocurrency #BITCOIN #Cardano #litecoin
