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XRP Corrects to Breach 21-DMA Despite Good Buying from Lower Levels


XRP’s price momentum is looming in a negative trend and despite its pullback from the recently made low of $0.51. The pullback has helped XRP scale about 20% but for bullish sentiment to return in this cryptocurrency XRP needs to cross the 21 DMA line. At current it is again facing some resistance...

Cardano (ADA) Initiates Recovery After Significant Pullback


Cardano has retested the long-term buying range of $1 mark 6th time this year. While such price action is common. The worrying factor is the inverse head and shoulder pattern being created on this cryptocurrency.  ADA has taken support but only after sustaining at the level close to breakdown...

Bitcoin Takes Support from $30k Despite Upside Potential


The price action on Bitcoin seems to be capped at $30000 on the lower side. Just like the buying action seen during May 19, 2021, and June 22, 2021, BTC price has again bounced back. This assures a minimum risk for investors with good profitable opportunities. Technical analysis indicates some...

Litecoin (LTC) Reflects Retracement From Yearly Low


Litecoin has finally shown some light at the end, retracements from a year low of $103.80 it hit on July 20. Buying sentiment at these levels has brought LTC into a new light for investors. After falling for over two months and losing about 75% valuation, there is still no sign of positivity on...

Polygon (MATIC) Breaks the 200 DMA Support Level


Despite holding on to its long-term valuation above $1 for the first week of July when all other cryptocurrencies and Alt coins were falling, MATIC has finally succumbed to the selling pressure and overall negativity in the crypto market. This negativity emerges from the grayscale unlocking...

Dogecoin (DOGE) Breaks Crucial Support Levels


Dogecoin has had one of the most bullish movements in 2021. While this meme coin made new highs, it lacks the fundamental strength and problem solving capabilities. Ever since the breaking of all time high levels, it has failed to take support from multiple support levels.  Long term support of...

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