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Decentraland (MANAUSD) Reverses as Prices Avoid New Lows

Decentraland
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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April 18, 2024

APEUSD Buyers Plan to Recover Strength Amidst Rigid Market Conditions

Market Analysis – The Bears Look Forward to More Flow APEUSD buyers plan to recover strength amidst rigid market conditions. The APEUSD market has been experiencing a bearish trend. However, recent developments suggest that buyers are planning to regain their strength and push back against th...
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April 18, 2024

Decentraland (MANAUSD) Signals a Bearish Breakout

Market Analysis: Bearish Breakout From a Consolidating Trend In recent price action, MANAUSD is characterized by the converging of lower highs and higher lows, which reflects price in a period of consolidation. The consolidation resulted in the formation of a symmetrical triangle pattern, with the ...
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