Technical Analysis Archives - Page 332 of 339

June 03, 2021

Bancor (BNTUSD) Breakout on the Horizon

Bancor Gear up for Breakout – Analysis The market is seen to have formed lower highs over the past fourteen trading days. The recent high was formed on the 26th of May 2021 at a resistance zone of $5.400. The market has concurrently formed higher lows, and the most recent higher low was forme...

#Bancor #BNTUSD #Price Action #Technical Analysis

June 03, 2021

Band Protocol (BANDUSD) – Neckline of Double Bottom About to Be Broken

Band Protocol Market Analysis BAND dipped into a support zone at 5.900. It created a low on the 23rd of May. It attempted to rally but it was stopped at 9.700. The supply zone defended further increase in price. The price dropped back into the support zone once again at 5.900 on the 29th of […]

#Band Protocol #BANDUSD #Price Chart #Technical Analysis

June 01, 2021

Synthetix (SNXUSD) Flows Through Descending Triangle

Significant Levels on SNXUSD Support Levels: $11.2500, $16.3550Resistance Levels: $22.1350, $19.1350 SNXUSD Market Analysis The market appears to be on a downward trend. This is evident with consistent lower lows formed in the market. A descending channel is also seen to have formed due to the mark...

#Price Action #Price Chart #SNXUSD #Synthetix #Technical Analysis

June 01, 2021

Litecoin (LTC/USD) Approaches $200 Resistance

Litecoin Price Prediction – June 1Litecoin versus the US Dollar market operation approaches $200 resistance in a slow-down rallying manner. The crypto now witnesses a reduction of -2.03% to trade around the value of about $184 or thereabout. LTC/USD Market Key Levels:Resistance levels: $200, $250, ...

#Litecoin #LTC/BTC #LTC/USD #Technical Analysis

May 31, 2021

UMA (UMAUSD) Battles $14.00 Resistance to Escape Depression

UMAUSD Key Levels Demand Levels: $14.00, $19.75, $25.90Supply Levels: $1.10, $5.70, $10.00 UMA Market Analysis UMAUSD has been battling to escape depression since a rapid fall in price earlier in the month on the 19th of May. Price had fallen from a height of $25.90 and plunged to $14.00 in one day...

#Price Analysis #Technical Analysis #UMA #UMAUSD

May 31, 2021

Ethereum (ETH/USD) Reverses Rallying Moves

Ethereum Price Prediction – May 31The ETH/USD market worth has reversed rallying moves it embarked upon recently after facing resistance near around the level of $3,000 to now trade a bit below the line of $2,500. As of writing, the crypto trading instrument records about a -2.16% reduction in its ...

#ETH/BTC #ETH/USD #Technical Analysis

May 30, 2021

0x (ZRXUSD) Driven to Fill up Imbalances in the Market

ZRXUSD Major Zones: Demand: $0.790, $1.650Supply: $1.150, $2.370 ZRX Market Analysis Increased volatility was seen in ZRXUSD earlier in the year from the 3rd of February 2021 after a long period of consolidation in the market. The long consolidation had ended with a bearish indecision candle on the...

#0x #Crypto #IMBALANCE #Price Chart #Technical Analysis #ZRX #ZRXUSD

May 30, 2021

Bitcoin (BTC/USD) Hits $40,000 Resistance While Rallying

Bitcoin Price Prediction – May 30In the recent wake of trying to rally from a falling force, the Bitcoin’s valuation as pairing with the US Dollar hit $40,000 resistance to now trade at a lower level of around $34,909. As of writing, the crypto-economy records a 0.45% increase. BTC/USD MarketKey Le...

#BITCOIN #BTC/USD #Technical Analysis

May 29, 2021

Compound (COMPUSD) Shows Reversal Signs at Market Discount Levels

COMPUSD Key Levels Demand Levels: $95.00, $330.00, $690.00Supply Levels: $265.00, $570.00, $875.00 COMPUSD Market Analysis Compound formed a double top in the market to initiate a reversal in the market after reaching a high at $915.00 on the 13th of May this year. The neckline of the double top wa...

#Compound #COMPUSD #Market Expectation #Price Analysis #Technical Analysis