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Compound (COMPUSD) Consolidates with an Anticipation of Bearish Breakout

Compound
May 07, 2024

ApeCoin (APEUSD) Bearish Trend Looms as Retracement Surface

Market Analysis: Bearish Trend Looms as Retracement Surface In late January 2024, APEUSD embarked on a robust bull run as buyers displaced sellers. The momentum carried the price to remarkable heights, reaching a significant supply level of $2.420 in March 2024. It was at this juncture that the bul...
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May 07, 2024

Lucky Block (LBLOCK/USD) Market Retracts To The Upside  

Lucky Block Price Prediction – May 7 LBLOCK/USD market retracts to the downside after the price hits the $0.00002900 major support. The market is converging in a triangle pattern. This is due to the price’s inability to make a successful breakout to either the upside or the downside. The mark...
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May 07, 2024

Internet Computer (ICPUSD) Market Heads Towards Major Resistance

Internet Computer Price Prediction – May 7 ICPUSD market heads towards major resistance. The major resistance has been acting as a diagonal support since January 2024. Owing to the respect of the prices toward the diagonal support, the market’s order flow is bullish. However, a retracement to...
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May 04, 2024

Compound Consolidates After Successful Breakout

Price Analysis: Market Consolidates After Successful Breakout Compound price is currently stuck between the resistance level of $60.90 and the support level of $50.70. The stagnancy seen on the daily chart appears to be an aftermath of the extremely volatile breakout of a symmetrical triangle in th...
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May 04, 2024

Shiba Inu Exhibits Bullish Tendencies

Market Analysis: Price Movement Suggests Volatility In mid-March 2024, Shiba Inu (SHIB) experienced a notable peak in its market price. Subsequently, the market displayed a pattern of gradual price drop. Entering early May 2024, a closer examination of SHIB’s price movement reveals the format...
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May 04, 2024

Enjin Coin (ENJ/USD) Crashes Into 0.270 Demand Level

Market Analysis – ENJUSD Encounters a Notable Decline Enjin Coin (ENJ/USD) has recently encountered a notable decline, plummeting to the 0.270 demand level. This movement follows a trajectory that began with the cryptocurrency’s price residing in the oversold territory at the onset of the yea...
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May 01, 2024

MANAUSD Exhibits a Notable Decline as it Breaks Structure Bearishly

Market Analysis: Notable Decline as it Breaks Structure Bearishly In mid-March 2024, MANAUSD observed a significant downturn as sellers dominated the market. The market is expected to continue this decline, with sellers’ strength still predominant as the trend indicates a continuing downward ...
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May 01, 2024

Chiliz Continues Downward Trend as Price Leaves Premium Zone

CHZUSD Analysis – Decline After a Market Structure Shift Chiliz continues its downward trend as the price leaves the premium zone. The market’s order flow has flipped bearish. This was followed by a market structure shift as the price invalidated major lows along its path. As per the MA...
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April 27, 2024

Shiba Inu (SHIBUSD) Experiences Correction Featuring a Bullish Flag Pattern

Market Analysis – Prices Show Bullish Flag Pattern Shiba Inu (SHIBUSD) experienced a substantial price surge during the initial phase of March. The explosion of the price was propelled by a series of three consecutive white soldiers originating from the demand zone around $0.00000860. This bullish ...
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