Paypal launches PYUSD This does not mean it will get adoption just because Paypal wants it to. There may be regulatory hurdles incoming just as we saw with Libra and Diem for FB // Meta. This is now a clear trend though where larger traditional companies are seeing the immense upside in their own stablecoin products. I dont think this trend is going to die out....
Dash (DASHUSD) is testing today the 1D MA50 (blue trend-line) for the 4th time in the last 30 days. All resulted into rejections, and each failure cements the bearish trend inside the 6 month Channel Down. As long as this holds, we are bearish, targeting 27.500 (just above the June low). If the price breaks above the top (Lower Highs trend-line) of the Channel...
◳◱ An intriguing development has unfolded on the CRYPTOCAP:API3 / CRYPTOCAP:USDT chart as we've identified a compelling Trend Reversal. This shift in price dynamics indicates a noteworthy potential trend change. It's crucial for us to pay attention to the next resistance levels located at 1.17 | 1.263 | 1.446 and the significant support levels found at 0.987 |...
Pair : CRVUSDT ( Crypto ) Description : Completed " 12345 " Impulsive Wave and Making its " A " Corrective Wave Support Level Break of Structure SMC - CHoCH Bullish Channel in STF and Rejection from Lower Trend Line
◳◱ An impressive Resistance Breakout and Confirmation has been detected on the $PERP / CRYPTOCAP:BTC chart. The price has surged above a key resistance level, accompanied by a compelling candle pattern, thereby signifying a promising bullish trend. Notable resistance levels can be pinpointed at 0.00001697 | 0.00001749 | 0.00001857, while substantial support...
◳◱ An impressive Resistance Breakout and Confirmation has been detected on the NYSE:DAR / CRYPTOCAP:BTC chart. The price has surged above a key resistance level, accompanied by a compelling candle pattern, thereby signifying a promising bullish trend. Notable resistance levels can be pinpointed at 0.00000348 | 0.00000359 | 0.00000379, while substantial support...
◳◱ We have successfully identified two favorable trading patterns, namely the Super Trend and the Resistance Breakout, on the CRYPTOCAP:FXS / CRYPTOCAP:BTC chart. Both of these indicators are signaling a bullish trend, with the Super Trend indicating a sustained uptrend and the Resistance Breakout confirming this sentiment by surpassing a key resistance level....
◳◱ A Bollinger Band breakout has been identified on the LSE:GTC / CRYPTOCAP:USDT chart. The price has moved outside of the upper Bollinger Band, indicating a potential bullish trend. The next resistance key levels are located at 1.047 | 1.135 | 1.316, and the major support zones can be found at 0.866 | 0.773 | 0.592. Consider buying at the current price zone...
In today’s update, we want to draw attention to a bearish crossover between the 20-day SMA and the 50-day SMA. This development confirms the presence of a very weak downtrend and bolsters the bearish case in the short term. Therefore, we will pay close attention to the support at $28,574. If it is taken out, then it is very likely we will see Bitcoin test...
Technical Analysis and Outlook: This week, the price action of the coin remained stagnant between the Outer Coin Dip 28900 and Mean Res 30050 levels. This suggests it might decrease further towards the Outer Coin Dip levels of 28200 and 26900. However, there is also a possibility of a dead-cat rebound towards the Mean Res 30050 level.
Local trend. Reversal zone. Time frame 1 day. Logarithm. Coinmarketcap: DODO Pay attention to the early redeemed large amount of the coin, before this accumulation. Line graph of the given zone. From the resistance of the distribution zone, the price decreased by - 98% Main trend. DODO/USDT Main trend. Descending channel
StormX is one of the pioneers in the online crypto market in which users can get cashback in crypto for most of their online purchases using the mobile app or browser extension. StormX has partnered with big companies like Nike, Adidas, New Balance, Samsung, Lego, and more. Anyway, it is evident that after a huge rise in price, STMX entered a correction phase for...
Bitcoin (BTCUSD) just completed a new Golden Cross pattern, this time on the 3D chart. Naturally the price is trading above both the 3D MA50 (blue trend-line) and 3D MA200 (orange trend-line). In the previous 2 Cycles, once the Cross took place, the 3D MA200 turned into a Support (technical exception of course is March 2020 and the COVID crash, which is though a...
PulseChain (PLSUSDT) has formed a huge Inverse Head and Shoulders pattern (IH&S) from a very deep level, and sits on a vastly oversold 4H LMACD Bullish Cross formation! This is technically a very strong bullish reversal pattern that is aiming initially at the 0.0001050 Resistance, however we will first pursue a 1D MA100 (green trend-line) contact at 0.0000900 and...
The NewsCrypto coin (NWCUSDT) is having a strong day so far making an attempt at the 1D MA50 (blue trend-line). The project has overall huge upside potential and our thesis is that it's a long-term investment. Regardless of the long-term, the solid latest fundamentals, call for an immediate buy, and potentially a +25% rise from the current levels. Let's have a...
The price of Polygon (MATIC) has experienced a significant 22% collapse since its July highs, raising concerns about the possibility of a new yearly low. MATIC failed to break through a critical horizontal resistance area, leading to a breakdown from a short-term corrective pattern. This decisive rejection indicates a bearish trend, and if the breakdown is...
◳◱ Dear cryptocurrency enthusiasts, we have uncovered encouraging bullish signals on the $CTXC / CRYPTOCAP:BTC chart. Our analysis reveals the presence of both a Bollinger Band breakout and a Resistance breakout. The Bollinger Band breakout signifies a potential uptrend as the price has breached the upper band, while the Resistance breakout further validates...
◳◱ A Resistance Breakout has been identified on the LSE:ONT / CRYPTOCAP:BTC chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 0.00000668 | 0.000007 | 0.00000768, and the major support zones can be found at 0.000006 | 0.00000564 | 0.00000496. Consider entering at the...