Polkadot found support at $23.5 recently, but its endeavor to flip the $27.45 area from supply to demand was rejected in no uncertain terms. What began as a pullback in early November appeared to have become a downtrend. On the daily chart, the price was still within an area where long-term investors would seek to […]

Bullish XRP price prediction ranges from $0.9065 to $1.9617. XRP price might also reach $10 soon. XRP’s bearish market price ...

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice XRP has been on a strong downtrend since November when it hit highs of $1.34. The weeks that followed saw the $1 area lost to the bears. At press time, the $0.76 area of former […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In early January, Cosmos was on a strong uptrend and approached the $44 supply area with strong momentum. Alas, since then, the price has been rejected and found demand at the $34-level. A range has […]

Dogecoin fell beneath an area of demand, but just as it appeared poised for further losses, the price bounced from a level of support that was last tested in April of the previous year. At the time of writing, despite the nearly 35% gains that Dogecoin registered in the past week alone, the downtrend remained […]

Last week’s recovery in Binance coin (BNB) price was rejected from a descending trendline. However, a recent news that Binance coin has implemented its first quarterly Auto-Burn favors the BNB investors. The auto burn resulted in removing a total of 1,684,387.11 BNB from its circulation, including  the 6296.305493 BNB burned during the Pioneer Program Burn. Key

The post BNB Coin Price Analysis: BNB Price Moving Back to Lower Support, Teasing To Continue this Correction appeared first on CoinGape.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice On a short-term basis, Axie Infinity has seen some demand step in around the $68-$70 area. This is an important demand zone, stretching all the way south to $64. It is not yet clear whether […]

The broader market saw a decent recovery over the past few days. However, the bulls were still not in a position to alter the general perception as the ‘fear’ sentiment only worsened. After a double-bottom breakout, Avalanche reversed from the $96-zone. While the buyers tried to step in, the ADX displayed a weak directional trend […]

A Flag pattern is leading this correction rally in Decentraland (MANA) token price. The token is still trapped inside this pattern, and so far it has almost lost 50% of its value. The long traders should wait for a bullish breakout from the overhead trendline to acquire a proper long entry signal. Key technical points:

The post MANA Price Analysis: Escaping This Flag pattern MANA Token Could Rally To $5.5 Mark appeared first on CoinGape.

As the overall market recovery is slowly creeping in, altcoins like Chainlink too are looking at some sort of profits. But as enticing profits draw in new investors, certain other factors also hint towards a future where they might not gain returns as high as they might be expecting. Chainlink on thin ice? For any […]

During the last two months of 2021, the $500 mark was critical support for BNB coin bulls. However, entering 2022, the bear overpowered this coin and extended the correction rally below $500. Obtaining strong support from the $400 mark, the BNB price is rallying back to the $500 level, but this time as potential resistance.

The post Bullish Breakout From $500 Price Level Could Trigger Long Opportunity In Binance (BNB) Coin appeared first on CoinGape.

The overall trend for the XRP price is still sideways. The recent correction in price has plunged the coin to a crucial support level of $0.7. However, the technical chart shows the formation of a symmetrical triangle pattern, whose breakout could initiate a new trend in XRP price. Key technical points:  The RSI displays bullish

The post XRP Price Analysis: XRP Price Could Reach $1.1 Mark As Price Chart Forms Symmetrical Triangle Pattern appeared first on CoinGape.