Synthetix Archives - cryptosignals.org

September 06, 2023

Synthetix (SNX/USD) Is Set to Claim the $2.500 Price Level

The $2.00 price level has proven to be a pivotal point in the Synthetix market since July 13th. This level marked a significant shift in market dynamics, leading to subsequent price movements. After a brief consolidation around $2.00, the price surged to a high of $3.312 before the bear market took...

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September 04, 2023

Synthetix (SNX/USD) Establishes a Pivotal Moment at the Historic $2.00 Support Zone

The $2.00 price level became crucial around mid-July when Synthetix buyers gathered around it to push the price above $3.00. The bear market started when the price reached a high of $3.275 on July 14, and since then, throughout August, it has gradually declined back to $2.00. Today’s market i...

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July 14, 2023

Synthetix (SNXUSD) Continues its Upside Journey From 2.024

The Synthetix bull market started on June 9, after bears pushed the price below the $1.719 support level. This $1.719 price level has been the psychological level during the last bear cycle. Strong bearish sentiment forced the price into oversold territory; however, this was what triggered the bull...

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June 29, 2023

The Synthetix Market (SNX/USD): Buyers Are Eyeing the $2.500 Resistance Level

On June 25, strong bullish activities propelled the Synthetix market towards the edge of $2.500. There was indeed a burst of investment interest in the bull market on that day. But despite bullish aggression on that day, the bull market was cut short at the $2.213 price level. Synthetix Market Data...

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May 22, 2023

Synthetix (SNX/USD) Still Has the $3.000 Price Level Within Reach

In March, the Synthetix market became very volatile. Bulls were aggressive, and the target was the $3.500 price level. But the bullish target failed to materialize because bearish resistance at $3.39 was very strong, cutting short bullish prices within each daily trading session as it tried to brea...

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February 27, 2023

The Indecision in the Synthetix (SNXUSD) Market Tightens Up

At the $2.619 price level on January 20, the Synthetix market began to consolidate. And this has continued until today. Initially, in the trading session of today, the bull market attempted the February 8 resistance price level, which is $2.9, but the sellers are still very strong, and it seems lik...

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August 03, 2022

Synthetix (SNXUSD) Shows Signs of Change in the Market Trend

SNXUSD Analysis – Market Shows Signs of Change in Market Trend SNXUSD shows signs of change in the market trend. The just concluded market trend began its downward move on the 1st of April this year. The market trend continued as SNXUSD kept on breaking all the supports along its way until th...

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May 25, 2022

Synthetix (SNXUSD) Is Fluctuating Around $2.730 With a Bullish Tendency

Synthetix Analysis – SNX Is Fluctuating Around $2.730 With a Bullish Bias Synthetix is fluctuating around the $2.730 significant level with a tendency for an upsurge. The price had dropped to this level on the 11th of May after it became unstable above the $4.550 significant level. The price ...

#Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Expectation #Price Action #Synthetix #Technical Analysis

August 04, 2021

Synthetix (SNXUSD) Bullish Run Challenged

Market Analysis – SNXUSD Impressive Bullish Run Challenged at $10.450 SNXUSD bullish run began on the 20th of July 2021, when price bounced off the resistance price point at $7.500. The bulls took over the market and drove price to $10.450, an impressive 40% price gain in just six days. Howev...

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