Crypto Analysis Archives - Page 205 of 222

January 10, 2022

0x (ZRXUSD) Retests Below the Demand Zone and Trend Line Confluence

ZRXUSD Analysis: Price Retests Below the $0.750 Significant Level ZRXUSD retests below the demand zone at $0.750. A large volume of buyers stormed the market on the 28th of October. This is seen with the volume bars on the chart. The bounce on the upward trend line propelled the market higher. The ...

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

January 08, 2022

Compound (COMPUSD) Makes No Significant Move

Compound Analysis – Price Makes No Significant Progress as It Continues Consolidating Compound makes no significant move as it keeps ranging between the $250 and the $180 significant levels. The $250 key level initially acted as support to halt the fall of the market, but a retest back upward to th...

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

January 06, 2022

Bancor (BNTUSD) Continues in Sideways Movement

BNTUSD Analysis – Price Continues in a Ranging Phase Below $3.700 BNTUSD continues to undulate between key levels after it fails to make it past the $3.700 key level. The latest attempt by the coin to break its trend of sideways movement comes on the 27th of December 2021. The price rose to test th...

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

January 05, 2022

Band Protocol (BANDUSD) Is Set to Continue Downward Trend

BANDUSD Analysis – Downward Trend Is Set to Continue BANDUSD is set to continue its downward trend. The market has formed consistent lower highs and lower lows. The market trend reversed on the 4th of November. The price has continued to drop in a step-wise fashion. This means it has created ...

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

January 05, 2022

Bulls Renew Their Prominence in Synthetix (SNXUSD) Market

SNXUSD Analysis – Bulls Renew Their Prominence in the Market Bulls renew their prominence in SNXUSD price movement following a long trend of bearish tendency in the market. The bulls had long since lost the battle against the bears in the market, and the SNXUSD market underwent a thorough dro...

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

January 03, 2022

0x (ZRXUSD) Demand Zone Aids Breakout From Downward Channel

ZRXUSD Analysis – Breakout From Downward Channel Is Aided by Demand Zone ZRXUSD demand zone at $0.750 was tapped into twice in December. The first time was on December 14th, when it experienced a short-term consolidation afterward. The demand zone at $0.750 represents the confluence of a gene...

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

January 03, 2022

Bearish Pressure Persists on UMA (UMAUSD)

UMA Analysis – Bearish Pressure Persists as UMA Remains on a Low Plane Bearish pressure persists on UMA as its latest attempt to rally comes to naught. So much pressure persists on UMA that it slides below the $12.000-$9.500 ranging zone. However, after a while, the coin tries to rally agains...

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

December 31, 2021

Compound (COMPUSD) Fails to Build on Its Rally From $180

Compound Analysis – Price Fails to Build Past the $250 Resistance Level Compound fails to build on its soft rally from the $180 support level as it bows to rejection at $250. It was thought that the ability of the coin to stop its fall at the $180 support level would translate to an immediate [&hel...

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

December 30, 2021

Bancor (BNTUSD) Bears Cause a Breakdown in Price Revival

Bancor Analysis – Bears Cause a Price Breakdown at $3.700 Bancor bears cause a breakdown in price revival at the $3.700 key level. The rejection of price at this level is yet another chapter in the dealings of the bears in the market. After the coin drops below its uptrend line, it falls hard...

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