Crypto Analysis Archives - Page 201 of 222

February 23, 2022

Band Protocol (BANDUSD) Appears to Respect Its Parallel Channel

BANDUSD Analysis: The Market Appears to Respect Its Parallel Channel BANDUSD appears to respect its parallel channel. This is prominent in the daily timeframe. The market ascended through a bullish channel from late September 2021. There was a reversal in the bullish direction in November. The mark...

#Band Protocol #Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Expectation #Price Action

February 22, 2022

Synthetix (SNXUSD) Bulls Guarantee a Market Reversal After a Drop

SNXUSD Analysis – Bulls Guarantee a Reversal After a Drop Back to the $3.510 Market Level SNXUSD bulls guarantee a reversal following a drop back to the $3.510 market level. Sellers have held price control for a while, and their influence had pushed the price down from its current all-time hi...

#Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Expectation #Price Action #SNXUSD

February 21, 2022

UMA (UMAUSD) Remains Trapped Between Key Levels

UMA Analysis – The Market Remains Trapped Between the $6.600 and $5.500 Key Levels UMA remains trapped as it keeps undulating the $6.600 and $5.500 key levels. The past seven days have seen the market rise to the $6.600 level (which is acting as a supply line), and its ascending approach dism...

#ADA #Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Expectation #Price Action #UMA

February 21, 2022

0x (ZRXUSD) Experiences Double Top Neckline Break and Retest

ZRXUSD Analysis – Market Experiences Break and Retest of Double Top Neckline ZRXUSD experiences double top neckline break and retest. The market was ascending with a trend line to reach the supply zone at $1.3390. The wicks above the zone revealed that the bulls attempted to achieve higher pr...

#0x #Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Anticipation

February 18, 2022

Compound (COMPUSD) Is Mounting Downward Pressure on a Significant Level

Compound Analysis – The Market Is Mounting Downward Pressure on the $120 Critical Zone Compound is mounting downward pressure on the $120 critical zone. Price slumped to this zone on the 20th of January and has been pounding against it under the influence of the sellers. The coin can be seen ...

#Compound #Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Expectation #Price Action

February 17, 2022

Bancor (BNTUSD) Takes First Steps to Break Bearish Cycle

Bancor Analysis – Price Takes the First Steps to Break the Bearish Regime Bancor takes the first steps to break the bearish hold on the market. The first action of the coin as it drops to $2.000 is to taper upward through a triangle structure. This puts pressure on the immediate level above ($2.500...

#Bancor #Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Expectation #Price Action

February 16, 2022

A Startling Spike Is Prominent in the Band Protocol (BANDUSD) Market

BANDUSD Analysis: A Startling Spike Above Major Zones Is Prominent in the Market A startling spike is prominent in the BANDUSD market. The market reversed at $10.307 with a head and shoulders pattern. It formed lower highs and lower lows until it consolidated between the $8.507 resistance level and...

#Band Protocol #Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Anticipation #Market Expectation #Price Action #Technical Analysis

February 15, 2022

Synthetix (SNXUSD) Price Evolves Downward in a Ranging Market

SNXUSD Analysis: Price Evolves Downward Between the $7.700 and $3.520 Market Levels SNXUSD price evolves downward between $7.700 and $3.520 as the market continues ranging. Since December, the market has lacked a clear direction in its price movement. The price action failed to progress in either a...

#Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Anticipation #Price Action #SNXUSD

February 14, 2022

0x (ZRXUSD) Major Support Zone Turns to a Resistance Zone

ZRXUSD Market Analysis: The Major Support Zone at $0.721 Turns Into a Resistance Zone ZRXUSD major support zone turns into a resistance zone at $0.721. The dollar has been gaining strength consistently since November 27th, 2021. This has led to weakness in the ZRX market. The Moving Average period ...

#0x #Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Expectation #Price Action