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XLM/USD Rebounds from $0.1310 Demand Zone as Bulls Attempt Recovery

XLM/USD
April 21, 2022

Synthetix (SNXUSD) Resumes the Market Trend in an Upward Direction

SNXUSD Analysis – The Market Resumes a Trend in an Upward Direction SNXUSD resumes the market trend in an upward direction from the $4.50 demand zone. The market was faced with a downtrend throughout January. The market crashed to a $3.50 demand zone on the 22nd of January. Multiple rejection...
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April 19, 2022

UMA (UMAUSD) Sellers Continue to Fill up Price Volume in the Market

UMAUSD Analysis – The Market Sellers Continue to Fill up the Price Volume in the Market UMAUSD sellers continue to fill up the price volume in the market. The price fraction shows that the sell traders manipulate the market despite its consolidation. The sellers, however, focused on pushing t...
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April 19, 2022

Compound (COMPUSD) Continues Its Bullish Trend After a Change in the Market Direction

Compound Analysis: The Market Continues a Bullish Trend After a Change in Market Direction Compound continues a bullish trend after a change in the market direction. The strength of the bears was revealed with an impulsive move. The market dived rapidly and cleared the low of the 10th of January. T...
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April 15, 2022

Bancor (BNTUSD) Faces Retracement After an Impulsive Move

BNTUSD Analysis the Market Faces Retracement After an Impulsive Move BNTUSD faces retracement after an impulsive move. The market dipped rapidly to $2.080. This caused the market to retrace its steps after the impulsive action. The retracement was a corrective move to mitigate the effect of the hea...
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April 13, 2022

Synthetix (SNXUSD) Has Failed to Break the Previous Supply Level

SNXUSD Analysis -The Market Has Failed to Break the Previous Supply Level at $7.950 SNXUSD has failed to break previous supply levels at $7.950. The demand level at $4.750 was rejected on the 4th of December, 2022. The shadow was obviously larger than the body of the bearish candle. The bears decid...
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April 08, 2022

Compound (COMPUSD) Makes Its Third Touch on the Ascending Trend Line

Compound Analysis – The Market Makes Its Third Touch on the Ascending Trend Line Compound makes its third touch on the ascending trend line after slipping to the $164.940 supply level. The market fell into a free fall to a demand zone of $108.360. Sharp rejections were spotted on the 22nd and...
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