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Nalezeno "price analysis": 6220

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...

VeChain Undervalued! Is There Scope for Some More Corrections?


When cryptocurrency started with Bitcoin (BTC), people doubted its real-life utility and worldwide acceptance. Over time, new cryptocurrencies intended to solve a problem merged. One such coin in VeChain. This cryptocurrency has a lot of potential, and even some of the leading businesses have...

Zilliqa Close to the Jan 1st Valuations!


When someone asks for the best decentralized application supporting cryptocurrency, the apparent answer comes out as Ethereum, simply because we have limited knowledge about the capabilities of other cryptocurrencies. However, Zilliqa has every intention of dethroning ETH from its market-leading...

Ethereum Classic (ETC) Indicates a Huge Upcoming Momentum


Ethereum classic is quite different from the similarly sounding crypto Ethereum by some ideological differences. Comparing the growth on a yearly basis ETC is still up from the $5 levels on January 01 to $43 as of July 16, 2021. The gain of 760% is enormous even after the profit booking scenario...

Cosmos (ATOM) Facing Resistance at 200 EMA


Cosmos is at the forefront of advancing interoperability and scaling to bring the genuinely decentralized blockchain web or Web 3.0. There are many blockchains created with different intentions. Still, to exchange or perform transactions between two other cryptocurrencies, we need to convert them...

Ethereum (ETH) Failing to Hold the Gains!


Ethereum network has been growing at a much higher rate as compared to Bitcoin because of their scalability features. Being a decentralized cryptocurrency with the ability to offer smart contracts has been at the forefront of ETH. It is perhaps one of the most important reasons that can eclipse...

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