Bancor (BNTUSD) Remains Under Bearish Pressure

Bancor Market Analysis – BNTUSD Remains Under Pressure by the Bears As BNTUSD remains under bearish pressure, the market settled into a range. By the beginning of the year, Bancor was battling to move above the $1.900 supply level. This was eventually achieved, albeit gradually, by the 1st of February 2020. On the 3rd of … Continued

End of the Bearish Cycle for Synthetix (SNXUSD)?

Market Analysis – SNXUSD Is Likely at the End of Its Bearish Cycle The end of the bearish cycle for SNXUSD is imminent. The market’s key levels have been very influential in determining the direction of prices. The year 2021 saw an increase in volatility in market movements. The coin climbed up steadily beginning from … Continued

UMA (UMAUSD) Keeps Sliding Down Under Bearish Pressure

UMAUSD Analysis – Bearish Pressure Keeps Uma Sliding Down UMA remains under pressure from sellers and keeps sliding down. On the 19th of May, the bears took control of the market, and the price fell from the $26.200 key level to the $14.200 key level. The bulls wanted to take the price back up immediately, … Continued

ZRX Low Volatility Results in a Steady Fall in Price

ZRX Analysis – 0x Low Volatility Ensures That the Market Continues to Dip Low volatility on ZRX in the past trading days comes after the market broke beyond the key level at 1.2300 in mid-May. The market then reached a low at 0.6450 on the 23rd of May 2021 before it reversed. ZRX attempted to … Continued

3.700 Weekly Support Keeps BNTUSD Afloat

BNTUSD Analysis – Price Stays Afloat Through 3.700 Weekly Support BNTUSD is relying heavily on the 3.700 weekly support to stay afloat. The market volatility has been on the decrease since the 24th of May 2021. This has coincided with a fall in the price of BNT. The key levels have been very influential in … Continued