Price Action Archives - Page 232 of 234

July 20, 2021

Synthetix (SNXUSD) Bullish Campaign Comes to an Abrupt End

Price Analysis – $13.500 Resistance Halts SNXUSD Bullish Campaign SNXUSD bullish campaign will have to wait another turn after it abruptly ended at the $13.500 key level. Bears initially plunged the market from this level on the 27th of May 2021. This was after the big drop had happened earli...

#Crypto Analysis #CRYPTOCURRENCY #Price Action #SNXUSD #Synthetix

July 19, 2021

0x (ZRXUSD) Drops to $0.600 to Continue Its Lateral Movement

Market Analysis – 0x Continues Lateral Movement as the Price Drops Again to $0.600 0x drops to $0.600 support to continue its sideways movement. Ever since the major market slump on the 19th of May 2021, ZRX has been moving in a lateral direction. The coin was initially ushered between the $1.190 a...

#0x #Crypto Analysis #CRYPTOCURRENCY #Price Action #ZRXUSD

July 17, 2021

Bancor (BNTUSD) Continues Cranking Movement

Market Analysis – Bancor Continues Cranking Between $3.530 and $2.840 Bancor cranking movement continues after it was rejected at the $3.530 supply level. Sellers have been steadily plunging the market since the 2nd of June 2021. However, the price drop was brought to a screeching halt at the $2.84...

#Bancor #BNTUSD #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Price Action

July 17, 2021

Compound (COMPUSD) Is Falling to a $326.600 Demand Level

Price Analysis – $326.600 Demand Level Is the Target for Falling COMPUSD COMPUSD is falling after being strongly rejected at the $532.600 supply. The market’s destination is now to reach $326.000 demand. Compound has a well-documented history of trading between the $532.600 supply and the $326.600 ...

#Compound #COMPUSD #CRYPTOCURRENCY #Daily Chart #Price Action #Technical Analysis

July 13, 2021

Synthetix (SNXUSD) Failed to Break $13.500 Resistance

SNXUSD Market Analysis – Price Failed to Break Through $13.500 Barrier Synthetix failed to break $13.500 at the second time of testing. This is despite the fact that the market had fallen to $9.360 to bounce up. On reaching the resistance, the price was repelled strongly. This can be seen in the be...

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

July 13, 2021

UMA (UMAUSD) Forms an Ascending Triangle to Move Up

Market Analysis – UMA Is Set to Move up as It Forms an Ascending Triangle UMA forms an ascending triangle and is set to break upwards. UMAUSD has been struggling to elevate its position after a major fall in price occurred on the 19th of May 2021. It has thus far been a tussle between […]

#Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Price Action #UMA #UMAUSD

July 12, 2021

0x (ZRXUSD) Will Launch Another Attempt to Break Weekly Resistance

Market Analysis – ZRX Fails at Weekly Resistance and Will Launch Another Attempt to Break It ZRX will launch another attempt at breaking the $0.900 resistance after its initial failure. The market had a prominent setback on the 19th of May 2021 in which the price fell from a height of $1.630 to a l...

#0x #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Anticipation #Price Action #ZRX #ZRXUSD

July 09, 2021

Compound (COMPUSD) Will Start Its Ranging Adventure After $532.600 Rejection

Compound Analysis – Rejection at $532.600 Confirms That COMPUSD Will Start Ranging Compound will start its ranging movement after it was rejected at the $532.600 key level. The market had broken out of the same $532.600 resistance earlier in the year on the 22nd of April 2021. This was after the pr...

#Compound #COMPUSD #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Price Action

July 08, 2021

Bancor (BNTUSD) Bounces On an Ascending Trend Line to Go Up

BNTUSD Analysis – Bancor Bounces On an Ascending Trend Line and Is Set For More Upside Bancor bounces on an ascending trend line to go higher. The market closed at $4.800 on the 19th of May 2021 after having a major fall in price. The $4.800 key level could not keep the market up for […]

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