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Nalezeno "downtrend": 200

Downtrend Inevitable Though MATIC Consolidates at Strong Support


Polygon (MATIC) is undoubtedly a promising cryptocurrency with decent scaling plans, but what would any plan do if the sentiment around cryptocurrencies is failing. Polygon has entered a strongly negative trend, and it will be challenging for it to get out of this selling pressure.  Therefore, only...

Bitcoin, Ethereum and Altcoins Remain In Downtrend


Bitcoin price remains in a bearish zone below the USD 32,500 resistance. BTC is currently (04:34 UTC) showing bearish signs and it could even continue lower below USD 31,000. The main breakdown support is still near the USD 30,000 level. Similarly, most major altcoins are moving lower. ETH is...

Tezos (XTZ) Breaches the 3-Week Downtrend and Trades Above $2


Tezos, one of the top 20 cryptos of the global market, is seen breaching the downtrend with an intraday bullish candlewick outbreak around the $2 price area leading to a slight positive crossover over the past five days. XTZ coin, at the time of writing, was seen trading slight above $2 and $2.05...

Tezos (XTZ) Draws a Downtrend; Trades at $2.20


Tezos, at the time of penning down, was seen drawing a visible downtrend after hitting a 2-week high at $2.45 in the previous week. However, due to a notably volatile movement, XTZ price fails to rise above $2.5 and is currently trading at $2.20. However, the trend reversed as the XTZ coin started...

XRP Draws a Downtrend and Has Pulled Back Over 28%


XRP slips from its position of being the top 3 cryptos in the market to now being positioned below Tether at 4th place in the global market due to no notable gain in momentum so far. However, XRP is often compared to many lucrative altcoins of the market, which otherwise were least known so far....

Elrond Draws a Gradual Downtrend and Trades Below $0.020


Elrond—a tremendously modular, quick, and firm blockchain platform for distributed apps, enterprise use cases, and for the new internet economy records mainnet bootstrapping progress at stupefying speed. This advancement will lead to staking and delegation before the mainnet launch and functioning...

Temporary Relief for XRP Holders as Downtrend Breaks


Despite a relatively good year for most major cryptoassets, the Ripple-affiliated XRP has struggled with gaining traction and is still down year-to-date. However, an uptick in price today may provide at least some relief for hopeful holders of the cryptoasset. As of press time on Monday (10:59...

Bitcoin and Altcoins Resume Downtrend, Bears In Driver’s Seat


This past week, bitcoin failed to settle above the USD 10,000 resistance and started a sharp decline. BTC broke many important supports near USD 9,550 to enter a bearish zone. The price is currently (09:40 UTC) gaining bearish momentum and it might even break the USD 9,000 support. Similarly, most...

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