Crypto Analysis Archives - Page 218 of 222

August 19, 2021

Band Protocol (BANDUSD) Breaks Out of Consolidation Zone

BANDUSD Analysis – Price Breaks Out of Ranging Pattern. BANDUSD breaks out of its consolidation zone after violating the $7.500 resistance level. The resistance level is well known for keeping the market in consolidation in the recent past, up until the 5th of January 2021 when price breaks out of ...

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

August 18, 2021

Synthetix (SNXUSD) Is Sinking After Hitting a Weekly Supply Level

SNXUSD Analysis – The Market Is Sinking After Being Repelled at $13.40. SNXUSD is sinking after failing to bypass the $13.40 demand level. Unlike other cryptos, the ascension of Synthetix has been more intentional and direct. The general market rally began at the $5.50 support on the 26th of June 2...

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

August 17, 2021

Uma (UMAUSD) Is Set for More Upside as It Rebounds off $11.20 Support

Market Analysis – Bulls Set the Market for More Upwards Movement at the $11.20 Support. UMA is set for more upside movement in the latest chapter of its rally adventure. Along with other major cryptos, the UMA has been upward abounding. Its breakthrough point is arguably when it violated the $9.00 ...

#Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Analysis #Price Action #Technical Analysis #UMA

August 16, 2021

0x (ZRXUSD) Aims at $1.20; Price Has to First Push Past $1.10

Market Analysis – ZRX Aims at Breaking Past $1.10 to Reach $1.20 ZRX aims at the $1.20 price level but first has to overcome the $1.10 huddle. The market has been agitating towards higher levels since it commenced its bullish run on the 12th of July 2021. It sprang up using a bullish engulfment can...

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

August 14, 2021

Compound (COMPUSD) Retraces but Still Sustains Its Bearish Tendency

COMPUSD Analysis – Price Sustains Its Tendency for Bearish Movement COMPUSD sustains its bearish tendency by selling off at the $505.0 price level. This bearish run began on the 8th of August 2021, when the market hit $505.0. This level was the potential reversal point highlighted in a previous ana...

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

August 13, 2021

Bancor (BNTUSD) Continues Its Bullish Run

Market Analysis – BNTUSD Presses Higher As It Continues Its Bullish Run BNTUSD continues the bullish run that started on 21st July, as the bulls proved their strength and optimism in the coin by successfully breaking through the $3.70 resistance zone. The price gathered momentum at $3.20 befo...

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

August 12, 2021

Band Protocol (BANDUSD) Is Strongly Bullish

Market Analysis – BANDUSD Strongly Bullish As It Breaks To The Upside BANDUSD is strongly bullish as buyers extend their domination of the coin. The bullish advance, which was initially stalled at $6.80, broke through then retested the resistance level in the following days to complete a R...

#Band Protocol #Crypto #Crypto Analysis #Daily Chart #Price Anticipation

August 11, 2021

Synthetix (SNXUSD) Steadily Climbs up the Price Ladder

Market Analysis – SNXUSD Steadily Climbs up To Keep Being Bullish SNXUSD steadily climbs up to keep being bullish as it takes out the $10.45 resistance level outlined in our previous analysis. The coin’s bullishness, which continued last week on the 4th of August, after a short-term retraceme...

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

August 10, 2021

UMA (UMAUSD) Remains Bullish as It Springs up From Major Support

Market Analysis – UMAUSD Reacts off Support Level To Remain Bullish UMAUSD remains bullish this week as the coin completely aligns with our previous analysis of its move. UMAUSD renewed bullishness, which took out the $9.00 resistance level, started at the $8.20 support level exactly as outli...

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