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Shiba Inu (SHIBUSD) Experiences Correction Featuring a Bullish Flag Pattern

Shiba
April 26, 2024

ApeCoin Trends Towards Premium Zone Amid Bearish Momentum

Market Analysis – April 25 ApeCoin faced a significant shift in market dynamics during April as it underwent a bearish breakout from an expanding channel. This downward movement, which commenced earlier in the month, encountered a temporary halt as the price found support at the demand level ...
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April 26, 2024

Enjin Coin (ENJUSD) Selling Momentum Declines

Market Analysis – Major Correction as the Third Wave Ends ENJUSD’s selling momentum declines as the bearish wave ends. The reversal from $0.730 seems to be coming to an end as the selling momentum declines. The overall trend of the market since last month has been bearish. This was foll...
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April 25, 2024

Chiliz Buyers Trigger More Buys As Price Leaves Discount Zone

CHZUSD Analysis – Chiliz Resumes Bullish Trend Chiliz buyers trigger more buys as the price leaves the discount zone. The current direction of the price is bullish, as it aligns with the overall market trend. The resumption of the bullish trend follows the bounce off the major trendline, acti...
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April 24, 2024

Compound Experiences Bearish Breakout From Symmetrical Triangle

Market Analysis – Price Strikes Major Resistance Zone Compound has just experienced a bearish breakout from a symmetrical triangle on the daily chart. Prior to the breakout, the Hull butterfly indicator signalled a price decline with its red hue. Compound (COMPUSD) has been locked in an enduring st...
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April 24, 2024

Shiba Inu Bulls Face Obstacle with Sellers Likely to Take Turn

Market Analysis – Sellers Are Ready to Take Charge Shiba Inu bulls face obstacles, with sellers likely to take turns. Shiba Inu has captured the interest of many investors. However, like any other cryptocurrency, Shiba Inu is not immune to market fluctuations. The recent weeks have witnessed ...
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April 23, 2024

Decentraland (MANAUSD) Reverses as Prices Avoid New Lows

Market Analysis – Prices Avoid New Lows MANAUSD experienced a reversal as price action failed to register a new lower low. This indicates a potential shift in market sentiment as buyers are eager to take control. MANAUSD Key Levels Demand Levels: $0.4250, $0.3270Supply Levels: $0.5680, $0.790...
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April 23, 2024

Compound (COMPUSD) Experiences Bearish Reversal

Market Analysis – Price Strikes Major Resistance Zone Compound (COMPUSD) has been embroiled in a protracted battle with resistance, particularly around the $74.460 mark, spanning nearly two years. Despite persistent efforts, the price has struggled to breach this significant barrier, with the...
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April 20, 2024

Enjin Coin (ENJUSD) Retracts Upward As Price Becomes Oversold

Market Analysis – ENJUSD Consolidates Around the $0.3000 Psychological Level ENJUSD retracts upward as the price becomes oversold, according to the Stochastic Oscillator. Coincidentally, the price sets for a pullback to the upside as the selling pressure decreases. Owing to the current state ...
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April 20, 2024

Chiliz Experiences A Major Retracement As Price Heads Into Premium

Market Analysis – Chiliz Keeps Declining Against USD Chiliz experiences a major retracement as the price heads into the premium. The bulls had been in control of the market until the CHoCH (Change of Character) in March 2024. A major retracement is ongoing as the market becomes oversold. Howe...
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