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Polygon (MATIC) takes support from its 200 EMA curve!

23.11.2022
MATIC cryptocurrency is a positively biased token of the Polygon network that offers higher scalability. Using the Ethereum blockchain as the core object for expansion, Polygon has enabled a new method for scaling and governance by issuing MATIC tokens. As a layer two solution, this crypto network...

Ethereum loses 30% this month: Has ETH crashed?

23.11.2022
Ethereum managed to woo holders by showcasing a growing ecosystem after its shift to Proof of Stake, but in reality, this step just hindered the 100% decentralized ecosystem of ETH and made it more controllable. With higher stakers under control, the price and even hash rate for ETH can...

Bitcoin regains the $16k mark: Will BTC continue the recovery?

23.11.2022
Bitcoin is a leading cryptocurrency that runs on a Proof of Work consensus. After the FTX liquidity crisis, investors started questioning the sustainability of decentralized crypto networks, especially small and mid-caps, because it is not regulated by any central authority. Loss of value means...

TRON (TRX) falls back to the ultra-strong level of $0.048!

22.11.2022
TRON blockchain has showcased immense uptrend possibilities in previous years, but even since the dark clouds emerged on cryptocurrencies, it has failed to make a comeback. Just as BTC and other tokens are facing rejection, so has this token succumbed to the intense selling pressure. Operating...

Litecoin (LTC) eyes for a significant up move in the future!

22.11.2022
Litecoin is one of the few cryptocurrencies that has regained the previous support level after the recent fall. When many other cryptocurrencies are forming new yearly lows, LTC is trading much above the support of $52, which suggests positive momentum for the short term. At the time of writing...

IOTA is trading around the yearly low: Will MIOTA revive?

22.11.2022
The FTX liquidity crisis stirred the market last week, and IOTA has formed a yearly low of around $0.195. It has formed a triangle pattern in the last five months with support around $0.25. However, it has broken that support after the announcement of FTX’s bankruptcy. The U.S. Congress...

Dogecoin (DOGE) takes support from the 200 EMA curve!

21.11.2022
Dogecoin has been one of the most critical cryptos; it mostly relies on price action and buying sentiment; fundamentals don’t matter at all. Holding the 9th spot in the overall cryptocurrency rankings as per market value, Dogecoin has perhaps become the better-performing cryptocurrency in...

Bitcoin close to the $16k mark: Will BTC test $10k?

21.11.2022
Bitcoin is a leading cryptocurrency, but due to the FTX liquidity crisis, BTC price has broken the strong support of $19K. Now it is trading at $16,001, around the lower range of the Bollinger Bands. Most other technical indicators are bearish, suggesting it will consolidate within a range of $18K...

Will Ethereum (ETH) break the long-term support of $1000?

21.11.2022
Ethereum is the second largest cryptocurrency, and it has become even more popular after the merge upgrade because it runs on Proof of Stake consensus, which is energy-efficient and sustainable for the long term. Ethereum has wide use cases, so ETH as an asset will provide long-term capital...

Dash hits yearly low: Should You buy it for the long term?

17.11.2022
Dash is an open-source blockchain technology, a fork of Bitcoin that also offers similar features with improved technology. However, after the FTX liquidity crisis, investors show less faith in DASH than in Bitcoin, but both are trading around the yearly low. At the time of writing this post, DASH...

Litecoin (LTC) turns bullish after regaining the support of $50!

17.11.2022
Litecoin is a decentralized peer-to-peer payment transfer protocol inspired by Bitcoin. It is one of the few cryptocurrencies that has regained its previous support level quickly after the downfall due to the FTX liquidity crisis. It suggests a positive momentum and future growth of Litecoin in...

Stellar may test $0.03 in the next year: Will XLM crash?

17.11.2022
Stellar is an open-source, decentralized protocol that allows cross-border transactions, but it has crossed the previous yearly low after the FTX liquidity crisis. At the time of writing this post, XLM was trading around $0.089, just above the yearly low of $0.08. Before the FTX bankruptcy...

Will Uniswap (UNI) turn long-term bullish breaking the resistance?

16.11.2022
At the time of writing this post, UNI was trading around $6.29, which is around the baseline of the Bollinger Bands. On the daily chart, $5.5 is a crucial level, and if the price sustains over this level, then you can trade in Uniswap for the short term. It is interesting to note that Bollinger...

Will Chiliz (CHZ) surpass $0.3 during the FIFA world cup?

16.11.2022
At the time of writing this post, CHZ was trading around $0.23, which is around the baseline (or upper range) of the Bollinger Bands. In the last two months, it has been consolidating, maintaining strong short-term support around $0.18. Moreover, it has been forming higher highs which is a bullish...

XRP close to its yearly low: Will it recover before 2022 ends?

16.11.2022
At the time of writing this post, XRP was trading around $0.386, which is around the yearly low. On the daily chart, you can find an upward momentum in the last two months. Before that (May to September), XRP was consolidating between $0.3 and $0.4. The positive momentum starts once investors...

Cronos traps under selling pressure: Can CRO recover?

15.11.2022
Cronos is compatible with both Ethereum virtual machines and cosmos-based ecosystems that allow easy porting of smart contracts and decentralized applications. It was launched in 2021 that runs parallel to the Crypto.org blockchain and powers the pay features of this platform. Crypto.com is...

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