AxiomEx

AxiomEx

Dogecoin has been trading in a falling channel pattern on the daily chart since Feb. 7, making a consistent series of lower highs and lower lows between two parallel trendlines. On Monday, Dogecoin attempted to break up bullishly from the pattern but rejected and wicked from the upper descending trendline of the channel, causing it to fall down to find support at...

AxiomEx

Bitcoin price analysis is bullish today as we expect the current consolidation to be resolved with a break higher. BTC has already set a higher local low, indicating a test of the $39,500 resistance should follow soon. BTC traded in a range of $38,432 – $39,267, indicating mild volatility over the last 24 hours. Trading volume has declined by 38 percent, totaling...

AxiomEx

The increasingly combative rhetoric between Russia and the West has spooked traders and investors who may prefer to hold cash positions until global tensions ease. Regardless of the headlines, however, Ethereum has developed a pattern on the daily chart, which may provide a map to guide entry and exit strategies for traders and investors who are already in, or who...

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Exxon shares are trading lower Wednesday as oil prices pull back following recent strength. Oil stocks have been gaining in recent weeks as a result of the Russia-Ukraine conflict and a resulting U.S. ban on Russian oil imports. Exxon Mobil was down 5.88% at $82.62 ahead of the close. The stock broke above the $63 resistance and has been flying since the break...

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The UNI was on a bearish slide as bears decreased the price from $10.5 to $8.2 during the last week, as the trend remained downwards for the entire week. UNI found support and is covering range upwards, and the price has been recovered up to $8.52, which is a good achievement in a current bearish market. The next resistance for UNI is present at $8.9, where...

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Shiba Inu price analysis revealed the market following a bearish trend as the market volatility decreases as the market closes, forcing the resistance and the support to move closer to each other; now, it is less prone to volatile change of either exchange. Consequently, the upper limit of the Bollinger’s band is present at $0.00002572, which acts as the strongest...

AxiomEx

Bitcoin price analysis is bullish today as we expect reversal from the $39,000 support to follow after more selling was seen yesterday. Likely BTC sellers are now exhausted, and bulls are ready to take over again. BTC traded in a range of $38,777 – $40,927, indicating substantial volatility over the last 24 hours. Trading volume has declined by over 22 percent,...

AxiomEx

Ukraine’s government opened a Dogecoin wallet for donations on Wednesday after beginning to collect donations through Bitcoin, Ethereum and Tether USDT on Feb. 27. As of about 5 p.m. on Wednesday, the government in Ukraine and the Non-Governmental Organization “Ukraine-2050,” had raised $54.7 million in crypto donations. Dogecoin co-creator who regularly rallies...

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Bitcoin price analysis is bearish today as we have seen upside rejected again after bulls did not stop yesterday. Since another strong rejection candle formed at $45,000, we assume BTC has likely peaked and now heads to retrace. The market has seen mostly bullish results over the last 24 hours. The leader, Bitcoin, gained 1.5 percent, while Ethereum 1.27 percent....

AxiomEx

Bitcoin has been stabilized by the growth in the market resulting from the influx of US capital. The primary reason Bitcoin was lagging in gains was the sluggishness of the US dollar due to increased inflation. Bitcoin has continued to grow for the past couple of days, and if the influx continues, it might soar even higher. The data for the last 24 hours shows...

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Tesla shares are trading higher Monday alongside other EV companies as the Russia-Ukraine conflict is causing European countries which depend on Russian oil to look to other places for their energy. The stock made a bounce off support a couple of days ago, has seen a strong bullish push since, and is now heading toward resistance. Shares are trading in a...

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Ethereum Classic is trading higher Friday as the crypto market pushes higher, bouncing back from a couple of days' losses. Ethereum Classic trades higher alongside Ethereum ETH and Bitcoin as they lead the market higher. The crypto was unable to cross back above the $40 level and held the area as resistance. It then saw a period of downward movement for a couple...

AxiomEx

Dogecoin has been trading in a falling channel since Feb. 8, making a consistent series of lower highs and lower lows as it slides lower in a downtrend. The falling channel pattern is considered to be bearish until a stock or crypto finds a bottom within the channel and big bullish volume comes in and breaks the stock or crypto up from the upper descending...

AxiomEx

Bitcoin is trading higher Thursday, bouncing after seeing a strong dip when reports first hit that Russia invaded Ukraine. Bitcoin now sits below $40,000, a key level that has held as both support and resistance in the past. The cryptocurrency saw a day of above-average volume, showing that the crypto could be pushing higher once again. Bitcoin turned around and...

AxiomEx

BTC traded in a range of $37,513 – $39,122, indicating strong volatility over the last 24 hours. Trading volume has declined by 26 percent, totaling $21.14 billion, while the total market cap trades at $734.9 billion, resulting in a dominance of 41.65 percent. On the 4-hour chart, we can see the Bitcoin price experiencing slight rejection from the $39,000 mark,...

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Ripple price analysis is giving bearish hints today, strong resistance is present at $0.717, strong support for XRP is found at $0.654.The most recent Ripple price analysis is looking bearish today as it shows negative results for the buyers as the price has now receded down to $0.690 after a considerable decline in the last 24 hours. Today the price function is...

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Tesla began trading in a downtrend on Feb. 11 and has printed a consistent series of lower highs and lower lows, although volatility in the stock has recently been waning. Tesla’s most recent lower high was printed on Feb. 16 at the $926.43 mark and when the stock bounces bearish traders will be watching for Tesla to form a bearish reversal candlestick below that...

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Apple confirmed it is trading in a downtrend on Friday when the stock printed a lower low under the Feb. 14 low-of-day at the $166.56 mark.The most recent lower high was formed at the $173.44 level on Feb. 16 and bearish traders will be watching to see if Apple prints a reversal candle below that level on the next bounce higher to indicate the downtrend is likely...