The broader crypto market found support despite Russia’s invasion of Ukraine going into day 10. A 3-day losing streak came to an end for Bitcoin (BTC) on Saturday. Another return to sub-$39,000 levels was brief, with Bitcoin closing out at the $39,000 level for a 2nd consecutive day. At the time of writing, the global …
MANA coin price shows an overnight bullish recovery that continues the bullish cycle within the symmetrical triangle pattern. Key technical points: The MANA coin shows an overnight growth of 11% The MACD indicator is on the verge of showcasing a bullish crossover The 24-hour trading volume in the Decentraland’s token is $980 Million, indicating a 13% rise. Past Performance of MANA MANA coin price sustains above the 200-day EMA and continues to rise with the support trendline. The lower price rejection drives the altcoin price 10% higher, resulting in the bullish engulfing candlestick. However, the rally is yet to surpass the 50-day EMA and exit the triangle pattern. Source-Tradingview MANA Technical Analysis The MANA coin price shows an increased buying pressure that may soon approach the resistance trendline of the triangle pattern. However, the triangle pattern breakout possibility depends upon the market recovery. The crucial daily EMAs show a bullish alignment with the 50 and 100-day EMAs moving sideways and teasing a potential bearish crossover. However, the triangle breakout will inflect a bullish recovery in the EMAs and avoid the crossover. The MACD indicator shows the fast and slow lines take a bullish stand after crossing into the negative territory. Hence, the lines are on the verge of a bullish crossover that will end the bearish histograms. The Stochastic RSI Indicator shows the K and D line rising higher in a linear progression, indicating a bull cycle in action. Moreover, the lines recently avoid a bearish takedown reflecting the bulls having a relatively more robust side. In short, the MANA technical analysis projects a recovery within the triangle with the potential to surpass the resistance trendline. Upcoming Trend The MANA coin price shows a bullish candle in the daily chart that reflects the bulls resurfacing to regain trend control. Therefore, traders can find short-term buying opportunities at current prices with the possibility of triangle breakout. Support Levels: $2.75 and $2.45 Resistance Levels: $3 and $3.6
Virtually all cryptocurrencies, including the biggest losers, have regained bullish momentum as altcoins rally. The performance of the losers indicates that they are posting minimal losses or minimal gains.
The wider crypto market is fast approaching to $2 trillionmarket cap with a swift resurgence of 8.15% gains round the clock. The market leaders Bitcoin and Ethereum are up by 9.31% and 10.5% respectively over the past 24 hours. Especially, the community’s major focus has shifted to Cardano, which has been under a bearish trend …
The cryptocurrency market is showing mixed signals with bitcoin price trading at $51,609.72. Altcoins are showing massive gains with Shiba Inu price rallying more than 70%. While Ethereum has managed to $3,500, Cardano price is still hovering within $2.3. For the Past Couple of days, SHIB Price has been the talk of the town. The …
The recent FUD created by china resulted in a crypto bloodbath. The market lost more than $250 billion. Bitcoin and Ethereum, two major crypto were down nearly 15%. Despite the summit hype, Cardano price plunged 4% trading at $2.26. The third largest cryptocurrency coin is up about 2% over the week. Currently ADA Price is …
The broader cryptocurrency market seems to be clearing out weak hands as the turn down keeps wreaking havoc on the market. The total market value now stands at $1.9 trillion, down from a seven-day high of $2.2 trillion, recorded on September 16. Currently, The largest digital asset Bitcoin price is trading bearishly, recording a price …
Over the last 24 hours, the overall cryptocurrency market traded in the green. The flagship currency, Bitcoin, is up by 1.85%, while Ethereum has gained 0.31%. Cardano price is still consolidating within $2.5. Avalanche (AVAX) is the best performer, with more than 16% gain. Ripple’s XRP is also well set up after months of bearish pressure …
Bitcoin price failed to break the $48,000 resistance level. Major altcoins are moving lower. Ethereum’s price is down over 2% with the price dropping below the $3,500 support. Despite the smart contract hype, Cardano price is still consolidating at $2.5. Will ETH Price Rebound? Ethereum price has dropped below $3,500 support and entered the consolidation …
The crypto space is all set to hit the mainstream soon, every project is coming up with unique plans to survive and dominate in the market, one such asset is Terra! In a continuously evolving crypto market, Terra (LUNA) is one of the unique protocols that mainly uses fiat-pegged stablecoins to power price-stable global payment …
Binance Coin (BNB) rebounds above $258 support as price reaches the high of $300 and pulls back. There is a long candlestick tail indicating that the bulls have bought the dips as the crypto rebounds above the current support.