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Bitcoin (BTC) Dips After Rejection From the 200 DMA Curve!
11.4.2022
Bitcoin is undoubtedly the crown jewel of cryptocurrencies. The success of this crypto is mandatory for the entire industry to survive. Considering BTC as a haven has allowed others to focus on the mass acceptance of cryptocurrencies. BTC is valued at $781,694,938,483, with 91% circulation of...
Shiba Inu Is Ready to Test the 200 DMA Resistance!
29.3.2022
Shiba Inu crypto token has been under a downtrend for the last three months. Things turned positive only in February 2022, wherein Shiba Inu raised by a decent 20% mark. Following this price trend, Shiba has moved further towards an uptrend. Shiba Inu currently holds the 15th position in terms...
Binance Coin (BNB) Closes on Its 200 DMA Curve of $466!
29.3.2022
Binance Coin has finally been able to reach the top levels of its consolidative zone. At the current value of $436, BNB is worth close to USD 72 billion, with a total circulation supply of 165.1 million Binance Coin tokens. Still, the volume of transactions on BNB remains less than 2% of its total...
Will Shiba Inu (SHIB) Be Able to Target 200 DMA
24.3.2022
Whether Shiba Inu was developed to challenge the domination of a single meme coin or attempted to take advantage of the current investor sentiment towards meme coins is still unanswered. Since getting support from lower levels, Shiba has been moving to challenge immediate resistance and achieve...
Tezos Breaks the Trendline but Takes Support From 200 DMA
12.11.2021
Tezos still ranks around 41st position even after its fall of close to 37% to the current price of $5.575. This price trend carries a $5 billion valuation indicating its strength in fundamental aspects. But prices in crypto are mostly devoid of such a financial term. XTZ is not just limited to...
BAT on an Uptrend; 200 DMA Could Initiate a Breakout!
29.10.2021
BAT token has been growing in terms of use case after the success of brave ads and its browser. The most distinguishing feature of BAT token and the Brave browser ecosystem is the system of reward distribution. Any user can claim their rewards directly after registering to this platform. Basic...
Zilliqa Faces Dual Pressure From Resistance and 200 DMA!
27.10.2021
Zilliqa cryptocurrency has marked a strong movement recently but hasn’t been able to breach the previous resistance levels so far. 200 DMA was instrumental in elevating the selling pressure in the last two instances, which can be repeated. Investors should remain vigilant of the 200 DMA levels....
Dogecoin Breaks Out but Still Faces Resistance at 200 DMA!
25.10.2021
Dogecoin has held on to its gain in the last seven days with an intense buying action. This rally has been fed by the inclining trend line, which the buyers and sellers seem to be respecting. Still, the resistance at 200 DMA is not something that can be ignored or rejected straightaway....
Dash Makes Another Attempt to Cross the 200 DMA Curve!
21.10.2021
Drastic profit bookings from high gains have halted the strong momentum of DASH cryptocurrency not once but twice, and this time it fell close to 50%. We are referring to the September 07, 2021 fall. From a high of $280 to the lows of $143, the selling movement has decimated any hopes...
Chainlink (LINK) Holds Uptrend Potential With 200 DMA Resistance
19.10.2021
Chainlink was launched recently in the year 2017 to bring smart contracts to a globally approachable platform. The central aspect that differentiates it from other cryptocurrencies is the use of an Oracle, which is a bridge between the existing cryptic platforms and the outside world...
Litecoin Closing Towards the Important Level of 200 DMA
7.10.2021
Litecoin has been less known as a popular cryptocurrency in 2021 after being dethroned by new cryptocurrencies offering better security and privacy. After Bitcoin, LTC is among the oldest cryptocurrencies, tracking its roots back to 2011. As of October 2021, LTC ranks at the 15th position and...
Dogecoin Fails to Breach the 200 DMA Resistance!
7.10.2021
Dogecoin has marked a quick progression from being an underrated cryptocurrency with the meme theme of a dog to becoming an inspiration for other meme cryptocurrencies. DOGE holds a market capitalization of over $32 billion and currently places at the 9th position. Consistent profit booking...
VeChain (VET) Is Close to Reclaiming Its 200 DMA Curve!
5.10.2021
VET token is finally on its way to reclaiming its previous consolidation level after falling steeply to the $0.08 level breaking its immediate support levels. The selling pressure was so strong that it didn’t consider the 200 Days moving average as a support level. After getting stuck around...
Zilliqa (ZIL) Attempts to Retest Its 100 DMA Levels
30.9.2021
At the same time, using proof of work to assign node identities and generate shards. Zilliqa is secured by the unique Byzantine Fault Tolerance, a consensus type protocol that requires an approving nod from two-third of the nodes to be added into the blockchain. If that wasn’t enough, Zilliqa even...
Ethereum Fails to Break 100 DMA Even After Multiple Attempts!
29.9.2021
Ethereum blockchain has reached a new height in market capitalization after realizing its dominance in the smart contract domains. On top of smart contracts, the ability to support the entire ecosystem dependent on Ethereum for running their multiple blockchain networks has provided ETH with...
Uniswap (UNI) Battles Selling Pressure at 100 DMA!
28.9.2021
Before we go about the value of Uniswap and how it is growing at a rapid rate, let’s understand one thing, why is cryptocurrency exchange being developed on a decentralized network with no direct controlling authority. The development of the market maker concept arose long before...
Zilliqa (ZIL) Faces Tough Resistance at 100 DMA Line!
12.8.2021
Zilliqa has finally met its nemesis, one that can put a halt to its juggernaut rally. 100 day moving average is a strong line that determines the sentiment on an asset and is calculated over the price action of the last 100 days. Breaking such a resistance further brings buying sentiment as...
Monero (XMR) Faces Stiff Resistance Around 200-DMA
3.8.2021
XMR, Monero’s is quickly becoming a favorite tool for those interested in the anonymity offered by this blockchain network. After a price action that can generously be called a bull run, XMR is on a path to retracement. Something unique about monero is the wick on both sides of the candle...
XRP Faces One Last Resistance at 100 DMA Before a Full Scale Rally
2.8.2021
Ripple has been one of the most underperforming cryptocurrencies in the leader segment. Of course, there can be multiple reasons for the same in news and theoretical information. But when it comes to clarity on its technical possibilities, indicators work astronomically and predict further price...
Binance Coin (BNB) Faces Difficulty in Crossing 200-DMA
27.7.2021
Starting with the objective of creating an ERC20 token to support discount fees, BNB has expanded to multiple horizons. Currently, BNB is the 4th largest cryptocurrency with a market capitalization of over $51 billion. While all other cryptocurrencies are rallying and trending, BNB is sitting...