Solana (SOL/USD)’s Sellers Endure Strong Bullish Pressure

The $22.00 price level is the take-profit level for some Solana long-term traders. So they take their profit, but along the way in the bull market, many traders also hopped on board as the prevalent sentiment for the market remained bullish. Even now, some traders are taking advantage of the price pullback as an opportunity to invest in the upward-bound market.

Solana Market Data

  • SOL/USD Price Now: $22.01
  • SOL/USD Market Cap: $8,860,264,697
  • SOL/USD Circulating Supply: 402,653,789 SOL
  • SOL/USD Total Supply: 552,083,066
  • SOL/USD CoinMarketCap Ranking: #9

Solana (SOL/USD)’s Sellers Endure Strong Bullish Pressure

Key Levels

  • Resistance: $23.00, $24.00, and $25.00.
  • Support: $21.00, $20.00, and $18.00.

Price Prediction for Solana: The Indicators’ Point of View

The Solana market is very likely to continue its upside journey after a while of consolidation at this major resistance level. Looking at the historical data of this market, it seems like history is repeating itself, as it does at the $18 price level and the $20 price level.

However, the Relative Strength Index (RSI) portrays the market at the edge of the overbought region. This information could trigger a stronger price retracement. But for now, bulls have strong support at the $21.36 price level, which is in proximity to the crucial resistance level. This shows that bulls are still dominating the market.

Solana (SOL/USD)’s Sellers Endure Strong Bullish Pressure

SOL/USD 4-Hour Chart Outlook

According to the perspective of the indicator on the 4-hour timeframe, there is still room for more bullish actions. The market momentum in the Relative Strength Index is at level 61, and the market is still within the enclosure of the Bollinger Bands. So the market is not having issues with being overbought.

Also, the Bollinger Bands indicator is currently contracting as a signal for a possible price breakout. Most likely, it will be a bullish price breakout.

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Litecoin (LTC/USD) Market Falls Favorably, Finding a Base Over $90

Litecoin Price Prediction – July 11
After the development of convergences at higher trading areas in the LTC/USD trade, a path has been formed in a descending motion, demonstrating that the crypto-economic market falls favorably, finding a base over the line of $90.

The velocity pace maintained by the LTC/USD trade sellers has been getting a reduction index over a couple of days to the extent of moving in the high and low range values of $97.943228 and $96.182578, keeping a minute positive percentage rate of 0.97. At this time of the technical analysis write-up, the moves supporting the pushes to the upside will remain firm against the motions that could run backward to cause long-term declines because we are gradually approaching the presumed bullish trending cycle.

LTC/USD Market
Key Levels:
Resistance levels: $110, $120, $130
Support levels: $85, $75, $65

LTC/USD – Daily Chart
The LTC/USD daily chart reveals that the crypto-economic market falls favorably, finding a base above the level of $90.

The 14-day SMA indicator is at $94.230039, above the $89.650058 value line of the 50-day SMA indicator. Variant candlesticks have been featured to showcase a range. The Stochastic Oscillators have traversed southbound from the overbought region, seemingly attempting to cross back to the north at 22.57 and 21.60 points. In the meantime, the movement appears to be getting ready to close the gap.
Litecoin (LTC/USD) Market Falls Favorably, Finding a Base Over $90
What is the probable propensity to shift base lower against the 14-day SMA in the transaction operations of the LTC/USD market?
At this moment, the stochastic variable indices in the market deals between Litecoin and the US coin suggest a lesser rate of seeing more lows if there will be more in the near future as the crypto price falls favorably, finding a base over the point of $90.

A closure technical trade view has opined that a point toward regaining a longing entry has built up around the trend line of the 14-day SMA, even though a chain of sideways sessions is relatively ongoing. Buyers might play alongside the closing proceeding of the Oscillators to the north by ensuring that a protective order is executed around the spot of $90 once they are triggering their positions.

On the downside of the technical analysis, the LTC/USD trade short-position takers might be riding decently if a candlestick pulls up over the smaller SMA and gets negation force to convert it to a falling mode against the bigger SMA at the lower supporting end. Then, there will be a chance of witnessing a line of lower lows in the long run.
Litecoin (LTC/USD) Market Falls Favorably, Finding a Base Over $90
LTC/BTC Price Analysi
In contrast, Litecoin’s trending outlook against Bitcoin has fallen favorably, finding a base around the trend lines of the SMAs.

The 50-day SMA indicator has been placed closely over the 14-day SMA indicator. And they are both pointing in the eastward direction. The Stochastic Oscillators have diverged in direction from the overbought region to poise at 47.49 to 46.27 values. Yesterday’s session finished with a bottom shadow candlestick to give an insight that the base crypto will gain some signs of surging soon against the possibility of the counter crypto losing the momentum to press down more from this point in the following activities.

Note: Cryptosignals.org is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

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Dash 2 Trade Price Predictions for Today, July 11: D2TUSD Price Remains Strong above the $0.00711 Supply Mark, Time to Buy!

Dash 2 Trade Price Forecast: D2TUSD Price Remains Strong above the $0.00711 Supply Mark, Time to Buy! (July 11)
The Dash 2 Trade price showed a steady recovery and remains in a strongly bullish market in both the time frame charts. This rally backed by a rising trend line made a series of new higher highs and lows, returning the bullish sentiment back to the crypto market.
However, the coin may likely increase further, if the bulls could add more strength to their potential buying and the market price sustains above the $0.00761 high mark, the potential rally could surge above the $0.00851 higher level to hit the $0.1000 upper resistance value and beyond. Thus a clear buy signal and intraday gain for the coin buyers.

Key Levels:
Resistance levels: $0.01000, $0.01100, $0.01200
Support levels: $0.00900, $0.00800, $0.00700

D2T (USD) Long-term Trend: Bullish (4H)
D2TUSD indicates an upward trend with a bullish sentiment in its long-term perspective. The coin is trading above the EMA-9. However, the market is presently facing resistance at the recent high.
Dash 2 Trade Price Predictions for Today, July 11: D2TUSD Price Remains Strong above the $0.00711 Supply Mark, Time to Buy!
However, the previous action at the $0.00711 high level in the past few days has really sustained the coin price to remain above the trend line in recent times.

With sustained buying pressure, the bulls caused a rise in the crypto price to the $0.00719 supply value above the EMA-9 approaching the overhead resistance as the 4-hourly chart begins today. This however creates a strong area of interest for buyers.

Hence, a breakout above the range barrier of $0.00789 value will indicate that the bullish momentum is aggressive and thus, buyers may drive the Dash 2 Trade price to the potential target of $0.00814, followed by $0.00851 levels.

In a like manner, the price of D2TUSD pointing upwards on the daily stochastic means that further upside is certain. It is therefore expected that the buy investors will move the price action up and may likely hit the $0.1000 upper resistance level soon in its higher time frame.

D2T (USD) Medium-term Trend: Bullish (1H)
Dash 2 Trade is in a positive movement today. The price is strongly trading in a bullish momentum in its higher time frame. This looks nice for the buying trader and signifies a buy signal.
Dash 2 Trade Price Predictions for Today, July 11: D2TUSD Price Remains Strong above the $0.00711 Supply Mark, Time to Buy!
In the previous actions the coin has been having high interference from buyers which really made it easier for the cryptocurrency to maintain stable upside moves in recent times.

The coin price breakout at the $0.00719 resistance value above the two EMAs as the 1-hourly chart opens today indicates the high buying impact from the bulls resulting in intraday gains.

Thus, additional efforts by the bulls could make the potential correction tumble the coin price by 8% and retest the $0.00746 previous swing high.

With this trend, the market participants can maintain a bullish outlook until this trend line is intact and reflects a bullish sentiment among traders.

Adding to that, the bulls are still clustering around the market as shown by the daily signal, this means that the buying pressure may continue, and suggests a possible recovery target of a $0.1000 supply level soon in the medium-term time frame.

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Polkadot Is Falling as It Battles to Stay above $5.00

Polkadot (DOT) Long-Term Analysis: Bullish
Polkadot (DOT) is trading above the bullish trend zone as it battles to stay above $5.00. The uptrend that began on July 3 was broken when the altcoin fell above the moving average lines. The current downturn has begun to level off above the moving average lines. If the price of the cryptocurrency rises over the moving average lines, the uptrend will restart.

The DOT price increased to a high of $7.00. However, if the price of the cryptocurrency falls below the moving average lines, the downturn will resume. The market will drop to $4.50, its previous low. Meanwhile, the cryptocurrency’s price is fighting to stay above the moving average lines.

Polkadot Is Falling as It Battles to Stay above $5.00
DOT/USD – Daily Chart

Technical indicators:
Major Resistance Levels – $10, $12, $14
Major Support Levels – $8, $6, $4

Polkadot (DOT) Indicator Analysis
The crypto asset is at level 51 on the Relative Strength Index for period 14. Polkadot has thus attained its equilibrium price level. That is, demand and supply have achieved a point of equilibrium. If the price bars maintain above the moving average lines, the altcoin will climb.

The altcoin is in a negative trend below the daily Stochastic threshold of 80.

What Is the Next Direction for Polkadot (DOT)
Polkadot is resuming an uptrend as it battles to stay above $5.00. The cryptocurrency price will continue to rise if it continues above the moving average lines.The cryptocurrency will plummet if the bears’ breach below the moving average lines.

Polkadot Is Falling as It Battles to Stay above $5.00
DOT/USD – 4 Hour Chart

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Quant Price Prediction: QNT/USD Price Could Rally to the Resistance Level of $110

Quant Price Prediction – July 10

The Quant price prediction shows that QNT is going to face moderate volatility as the coin moves to cross above the moving averages.

QNT/USD Long-term Trend: Ranging (1D Chart)

Key Levels:

Resistance levels: $117, $119, $121

Support levels: $87, $85, $83

Quant Price Prediction: QNT/USD Price Could Rally to the Resistance Level of $110
QNTUSD – Daily Chart

QNT/USD is moving below the 9-day and 21-day moving averages as the market price hovers at $103 with a daily gain of 0.55%. However, as the coin moves to create additional gains, a potential resistance can be found at the $110 level but if the coin slides toward the channel’s lower boundary, it could hit the closest support at $100.

Quant Price Prediction: QNT/USD Ready for a Spike to the North

Looking at the daily chart, with the confirmation of the technical indicators, the Quant price may continue to create additional bullish trends as the Relative Strength Index (14) moves below the 50-level, warming up for a positive movement.

Nevertheless, QNT/USD will need to push the coin above the 9-day and 21-day moving averages, but any bearish movement toward the south could bring the Quant price to a downtrend where the new investors can take advantage of investing in the coin. However, the support levels for QNT/USD can be located at $87, $85, and $83, while the resistance levels lie at $117, $119, and $121.

QNT/USD Medium-term Trend: Ranging (4H Chart)

The Quant is facing the positive side as the coin stays within the 9-day and 21-day moving averages. However, the nearest resistance is set near the upper boundary of the channel for the market price to touch the nearest resistance level of $106.

QNTUSD – 4-Hour Chart

Meanwhile, if the Quant price slides below the lower boundary of the channel, it can create a new low, and crossing below this barrier could hit the support level of $98 and below. Moreover, the coin could form a new trend to hit the resistance level at $108 and above.

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Decentraland (MANAUSD) Price Dips as Bulls Prepare to Push it Higher

MANAUSD Analysis: Market Sinks Lower As The Bulls Get Ready To Drive Price Upward

MANAUSD sinks lower as the bulls prepare to drive the price upward at the discount zone. An upward move is ongoing as the price rises from the effect of the bounce at the diagonal support. Prices have been declining along the falling trendline since February 2023. However, though most likely for a short time, an upward trend has emerged in favor of the bulls.

MANAUSD Significant Zones
Demand Zones: $0.2850, $0.2000
Supply Zones: $0.4330, $0.5300

Decentraland (MANAUSD) Price Dips as Bulls Prepare to Push it Higher

After a drastic upsurge in January 2023, MANAUSD came crashing down. The cause of the surge can be attributed to the bouncing effect on the $7850 support. A liquidity void was created as the market exuberantly skyrocketed. The surge ended as the MA Cross, and a sell signal was given as the market crashed from the $0.8000 psychological level. This marked the end of the uptrend as more bulls pessimistically exited the market.

The price return from the premium zone and back below the $0.5300 resistance shows that the bears are now in control. However, while the bears are in control of the market, the bulls have succeeded in causing a pullback to the upside. Price keeps declining in fractals as it moves from discount to premium and vice versa. Following the bounce at the diagonal support, the buyers stormed the market, further extending the retracement. MANAUSD will likely continue heading upward as an inducement is about to happen below the previous low of $0.3520.

Decentraland (MANAUSD) Price Dips as Bulls Prepare to Push it Higher

Market Expectation

During the rally from the major trendline, a four-hour bullish order block formed. Currently, the price ranges between the $0.4330 resistance and the bullish order block. An inducement into the bullish order block is expected to trigger further upward expansion in the bulls’ favor.

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Note: Cryptosignals.org is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

Lucky Block Price Prediction: LBLOCK/USD Could Break to the Upside

Lucky Block Price Prediction – July 10

The Lucky Block price prediction shows the LBLOCK could gain pace as soon as it clears the $0.000110 resistance zone.

LBLOCK/USD Medium-term Trend: Ranging (1D Chart)

Key Levels:

Resistance levels: $0.000170, $0.000180, $0.000190

Support levels: $0.000050, $0.000040, $0.000030

Lucky Block Price Prediction: LBLOCK/USD Could Break to the Upside
LBLOCKUSD – Daily Chart

LBLOCK/USD is moving toward an upward formation as the coin touches the daily high at $0.000107. The Lucky Block price is currently hovering within the 9-day and 21-day moving averages while the signal line of the technical indicator Relative Strength Index (14) moves to cross above the 50-level.

Lucky Block Price Prediction: LBLOCK Bulls Will Dominate the Market

The Lucky Block price is preparing for the bullish movement as the buyers regroup to increase the buying pressure. Meanwhile, if the coin begins and maintains the bullish movement, it will head toward the upper boundary of the channel where it can hit the resistance levels of $0.000170, $0.000180, and $0.000190. On the downside, if the Lucky Block price heads toward the lower boundary of the channel, it could reach the support levels at $0.000050, $0.000040, and $0.000030.

LBLOCK/USD Medium-term Trend: Ranging (4H Chart)

LBLOCK/USD is trading above the 9-day and 21-day moving averages as the technical indicator Relative Strength Index (14) moves above the 50-level. On the contrary, a possible bearish drop could surface and any further bearish movement below the lower boundary of the channel could bring the coin to the support level of $0.000085 and below.

LBLOCKUSD – 4 Hour Chart

However, if the bulls push the coin higher, the LBLOCK price can cross above the upper boundary of the channel. Once it crosses this barrier, the market price would hit the resistance level of $0.000120 and above. Moreover, the trading volume is coming up slowly and will begin to climb higher if the technical indicator moves to the positive side.

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Bitcoin Sees Continued Investor Interest: CoinShares Report

Bitcoin has once again captured the attention of investors, according to the latest Digital Asset Fund Flows Weekly Report by CoinShares. With a staggering $133 million in inflows recorded last week, Bitcoin maintains its position as the preferred choice among cryptocurrency enthusiasts.

Weekly crypto asset inflow chart by CoinShares
Image Source: CoinShares

Bitcoin Is King

Despite the volatility and fluctuations in the crypto market, investors have consistently demonstrated a strong affinity for Bitcoin. This trend is further underscored by the continued outflows experienced by short-bitcoin products, amounting to $1.8 million for the 11th consecutive week. Bitcoin’s allure remains unmatched, as investors favor it over alternative digital assets at present.

Ethereum’s Struggle Amidst Modest Gains

While Ethereum, the second-largest cryptocurrency, witnessed modest inflows of $2.9 million, its impact on investor sentiment was relatively subdued. Over the past three weeks, these inflows accounted for a mere 0.2% of the total assets under management (AuM).

In stark contrast, Bitcoin captured a substantial 1.9% share of the inflows. Year-to-date, Ethereum finds itself in a challenging position, with net outflows totaling $63 million. Short-Ethereum products also experienced minor outflows of $0.3 million.

Quote from CoinShares on crypto inflows this week

Meanwhile, several other altcoins managed to pique the interest of investors. Solana, XRP, Polygon, Litecoin, and Aave witnessed notable inflows, signaling a growing curiosity towards these digital assets.

However, both Cosmos and Cardano experienced minor outflows, indicating a slight retreat in investor confidence. The diverse nature of altcoin flows suggests that investors are exploring various options beyond the traditional cryptocurrency giants.

Blockchain Equities Gain Significant Momentum

Blockchain equities emerged as the big winners, attracting a substantial $15 million in inflows. This surge in interest coincides with the renewed race for a Bitcoin Exchange-Traded Fund (ETF), kicked off by BlackRock’s filing on June 15.

The growing prominence of blockchain technology and its potential impact across industries have captured the attention of investors, who are seeking exposure to this transformative sector.

 

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SPONGE/USD ($SPONGE) May Likely Bounce Back at $0.0001350

Despite the current $SPONGE bearish performance in the market, there are some optimistic factors to consider for Sponge based on the 4-hour timeframe. Although the market has been operating within the bearish zone, there is potential for a turnaround as it has continued to range along a horizontal price level of $0.0001373.

As bearish sentiment continues to drive the market further into the demand zone, bulls might be forced to fall to the $0.0001350 price level as a potential support, which can also form the baseline for a significant upside performance.

Key Levels

  • Resistance: $0.0004, $0.0045, and $0.0005.
  • Support: $0.00013, $0.00012, and $0.00011.

SPONGE/USD ($SPONGE) May Likely Bounce Back at $0.0001350

SPONGE/USD ($SPONGE) Price Analysis: The Indicators’ Point of View

The Relative Strength Index (RSI) indicates that the $SPONGE market has been ranging within the bearish zone since July 6. This suggests that selling pressure has been dominant during this period. However, it’s important to note that markets often experience periods of consolidation and corrections, even within a larger downtrend.

On July 6, a marubozu candlestick pattern represented the bearish market sentiment that triggered the downturn. The $PONGE market made a high of $0.000145 before bearish pressure took over. This level could act as a resistance level in the future, should the market show signs of upward movement.

SPONGE/USD ($SPONGE) May Likely Bounce Back at $0.0001350

SPONGE/USD Short-Term Outlook: 1-Hour Chart

In the early hours of the day’s trading session, the $SPONGE market shows signs of trend reversal; however, at major resistance levels, bearish activities cut short the bull market. This is because long position takers seem to be taking their profit at the slightest market gain. The $0.000135 price level is very likely to be the point at which more investors will come into the bull market and propel the price to the upside.

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