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Compound Consolidates After Successful Breakout

Compound
April 24, 2024

Shiba Inu Bulls Face Obstacle with Sellers Likely to Take Turn

Market Analysis – Sellers Are Ready to Take Charge Shiba Inu bulls face obstacles, with sellers likely to take turns. Shiba Inu has captured the interest of many investors. However, like any other cryptocurrency, Shiba Inu is not immune to market fluctuations. The recent weeks have witnessed ...
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April 23, 2024

Decentraland (MANAUSD) Reverses as Prices Avoid New Lows

Market Analysis – Prices Avoid New Lows MANAUSD experienced a reversal as price action failed to register a new lower low. This indicates a potential shift in market sentiment as buyers are eager to take control. MANAUSD Key Levels Demand Levels: $0.4250, $0.3270Supply Levels: $0.5680, $0.790...
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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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April 15, 2024

Compound (COMPUSD) Sellers Hints At Sell Breakout 

Market Analysis – Compound Remain in Consolidation Fold COMPOUND sellers hint at a sell breakout. Compound has been experiencing a consolidation phase in the crypto market, with the price struggling to gain momentum between the key levels of $76.820 and $68.250. This consolidation phase indic...
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April 13, 2024

Shiba Inu Experiences A Stale Market

Market Analysis – Quest For a Breakthrough Shiba Inu experiences a stale market. The SHIBUSD market has been stagnant, with the price struggling to make any significant moves. Traders have been unable to determine a clear direction, resulting in a lack of trading activity. This stale market r...
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