Cryptos news Archives - Page 242 of 248

May 30, 2021

0x (ZRXUSD) Driven to Fill up Imbalances in the Market

ZRXUSD Major Zones: Demand: $0.790, $1.650Supply: $1.150, $2.370 ZRX Market Analysis Increased volatility was seen in ZRXUSD earlier in the year from the 3rd of February 2021 after a long period of consolidation in the market. The long consolidation had ended with a bearish indecision candle on the...

#0x #Crypto #IMBALANCE #Price Chart #Technical Analysis #ZRX #ZRXUSD

May 30, 2021

Bitcoin Price Analysis: Market Regains Modest Bullish Momentum

Last week, the crypto market saw billions of dollars flow out of the industry as Bitcoin (BTC) struggled to stay afloat. After a failed attempt at the $40k level, BTC plunged below the $34k level yesterday. At press time, the benchmark cryptocurrency trades at $36,200 per unit and is up by 4.7% aga...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

May 29, 2021

Compound (COMPUSD) Shows Reversal Signs at Market Discount Levels

COMPUSD Key Levels Demand Levels: $95.00, $330.00, $690.00Supply Levels: $265.00, $570.00, $875.00 COMPUSD Market Analysis Compound formed a double top in the market to initiate a reversal in the market after reaching a high at $915.00 on the 13th of May this year. The neckline of the double top wa...

#Compound #COMPUSD #Market Expectation #Price Analysis #Technical Analysis

May 28, 2021

Cardano Upgrade: IOHK Announces Alonzo Launch

The host company of Cardano (ADA), Input-Output Hong Kong (IOHK), has just announced the launch of the testnet for the Alonzo Smart Contracts platform and detailed its rollout blueprint. The Alonzo launch will, reportedly, occur in multiple stages, with every phase classified by color. The current ...

#ADA #Alonzo #Cardano #CRYPTOCURRENCY #NEWS

May 27, 2021

Bancor (BNTUSD) Recovers From Price Slump and Is Set to Keep Growing

BNTUSD Key Zones Demand Zones: $9.40, $8.30, $6.90Supply Zones: $4.70, $3.70, $3.01 BNTUSD Market Analysis Bancor experienced a sharp drop in price as it slumped past the $4.70 support on the 19th of May 2021. Price had been on a weekly downward trend. It was expected that the descending trend line...

#Bancor #BNTUSD #Price Chart #Technical Analysis

May 27, 2021

Bitcoin Remains Choppy Despite Renewed Investor Optimism

Bitcoin (BTC) and the rest of the cryptocurrency industry slipped lower in the early hours on Thursday. However, the cryptocurrency did not fall to its recent lows as most traders are optimistic that BTC is recovering. Bitcoin fell to the $37,120 low in the Asian session today, while Ethereum (ETH)...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

May 26, 2021

Band Protocol (BANDUSD) Battles 9.60 Resistance to Go Higher In Consolidation Formation

BANDUSD Key Zones Resistance Zones: 9:60, 11.00, 12.60Support Zones: 3.70, 5.50, 3.70 BANDUSD Market Analysis BANDUSD has repeatedly executed the pattern of consolidation and breakout. It does this by consolidating for some time after which it will break out upwards. The market will t...

#Band Protocol #BANDUSD #Price Action #Technical Analysis

May 26, 2021

Cardano Investment Inflow Surges Following Market Crash

Despite falling with the market in the recent crash, Cardano (ADA) appears to be faring better than other large-cap cryptocurrencies. The fifth-largest cryptocurrency is up by 12% this morning. The recent market crash got primarily triggered by widespread concerns over the environmental impact of B...

#ADA #Cardano #CRYPTOCURRENCY #NEWS

May 25, 2021

Synthetix (SNXUSD) Retests Symmetrical Triangle for Bullish Drive

SNXUSD Key Zones Demand Zones: 16.000, 22.000, 25.400Supply Zones: 13.000, 10.550, 6.800 Synthetix Market Analysis SNXUSD has conformed into a symmetrical triangle pattern and buyers are poised to take advantage of the market. From the 23rd of February 2021, the market has been caught in a ...

#Price Action #SNXUSD #symmetrical triangle #Synthetix #Triangle