Plato/W3Networks
Tag: bears
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What triggered AVAX’s recent 10% correction and its significance in the near-term
Avalanche, facing the brunt of the bears, has noted an almost 11% drop in the last 24 hours. Although, the altcoin has been losing more than other coins for more than a week now. It took a break to post one green candle when the news of Terra choosing Avalanche for backing UST came out. […] Get Ready For A Bitcoin Short Squeeze? Long Traders Pile Up As BTC Struggles
Bitcoin has been hinting at lower levels during today’s trading session. The benchmark crypto was rejected at around $48,000 and has been unable to reclaim its previous highs. Related Reading | Galaxy Digital’s Jason Urban What Will Drive Ethereum To Flip Bitcoin At the time of writing, Bitcoin trades at $43,100 with a 1% and…
The post Get Ready For A Bitcoin Short Squeeze? Long Traders Pile Up As BTC Struggles appeared first on Bitcoin News Miner.
Uniswap: Analyzing the why behind UNI’s recovery that halted at $13
Disclaimer:Â The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Uniswap was on a relentless downtrend as the bears sought to drive prices below $8.22, and a lack of demand was evident. The bearish trend hinged on two levels at press time. Even though the […] 
Ripple Striving to Hit $0.9 levels, Will XRP Price Hit $1 Before the Close of Q1 Trade?
The post Ripple Striving to Hit $0.9 levels, Will XRP Price Hit $1 Before the Close of Q1 Trade? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
XRP price earlier followed a substantial uptrend through ever since it managed to spike in the past couple of days. However, the asset consolidated for a while and currently shed most of its gains but quickly shed a huge amount of its value, yet sustains above $0.8. while the bears have capitulated the market, the …
Chiliz Expands 65% from 2022 lows, CHZ May Rally to $0.28
Chiliz buyers are in control, surging eight percent on the last trading day versus the USDT. CHZ may surge to $0.33 in Q1 2022 as prices bottom up. Past Performance Chiliz buyers are firmly in the driving seat, rising eight percent in the past 24 hours versus the USDT. At the same time, CHZ is up double digits in the previous trading week, rallying 13 percent in a bullish breakout pattern above a multi-week resistance trend line and wedge. As per the Chiliz price action formation in the daily chart, buyers are in control. Accordingly, every low may offer entries for optimistic traders. Chiliz Technical Analysis After the Bollinger Band squeeze formation, CHZ is rallying, adding 65 percent from 2022 lows at spot rates. Because of the bulls surge, CHZ is at a three-week high, retesting March 2022 highs when writing. The breakout with rising trading volumes and bull bars banding along the upper BB indicates demand. As a result, aggressive traders may find loading opportunities above $0.21. The immediate resistance target would be $0.28 and $0.33—key reaction points in the medium term. If bears flow back below $0.21, CHZ may drop to $0.18 and $0.16. What to Expect of CHZ NFTs in sports already command billions in market cap, and Chiliz is one of the top brands. After sharp losses from Q4 2021, CHZ may print higher in a relieving recovery towards Q1 2022 highs.
The post Chiliz Expands 65% from 2022 lows, CHZ May Rally to $0.28 appeared first on Cryptoknowmics-Crypto News and Media Platform.
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