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Tag: DMA

Fantom Price Prediction: Bullish RSI Divergence Triggers Recovery Rally In FTM Token; Is $1.8 Next?

On March 3rd, the Fantom (FTM) recovery rally turned down from the descending trendline($2). This bearish reversal tumbled the altcoin by 34.7%, bringing it back to $1.3 bottom support. However, the buyers aggressively defend this level, suggesting a dip opportunity for traders. Key points The FTM price shows lower price rejection at $1.3 support zone

The post Fantom Price Prediction: Bullish RSI Divergence Triggers Recovery Rally In FTM Token; Is $1.8 Next? appeared first on CoinGape.

Ethereum Price Analysis: Do Or Die Moment For ETH Bulls As Price Nears Apex Of Symmetrical Triangle Pattern

Over the past two months, the ETH/USD technical chart shows a short-term range bound rally. The recent reversal from the descending trendline has tumbled the altcoin by 13.5%, bringing it to local support of $2600. Can buyers revert the ongoing sell-off, or we will revisit the January low support at $2300? Key points:  The MACD

The post Ethereum Price Analysis: Do Or Die Moment For ETH Bulls As Price Nears Apex Of Symmetrical Triangle Pattern appeared first on CoinGape.

SHIB Price Analysis: Descending Trendline Breakout Is Must To Revert Ongoing Downfall

The range-bound movement in SHIB price has dropped to the support trendline of the symmetrical triangle pattern. The buyers preparing for a bullish reversal would face a steeper trendline before challenging the pattern’s key resistance.  Key technical points:  The 200-day DMA has flipped to valid resistance The intraday trading volume in the Shiba Inu coin

The post SHIB Price Analysis: Descending Trendline Breakout Is Must To Revert Ongoing Downfall appeared first on CoinGape.

Sandbox Price Analysis: 200 DMA Saves The Day For SAND Buyers; Is Bullish Reversal On Charts?

The recent correction plunged the Sandbox(SAND) price to the January low support($2.7). However, in confluence with the 200 DMA, the buyers bounced back from this support, indicating traders are interested in this dip. The following rally has soared 14.3% from the bottom support. Can bulls kickstart a genuine recovery?  Key technical points:  The SAND chart

The post Sandbox Price Analysis: 200 DMA Saves The Day For SAND Buyers; Is Bullish Reversal On Charts? appeared first on CoinGape.

GALA Price Analysis: GALA Bulls Must Break This Resistance To Initiate A Recovery Rally

On February 16th, the Gala Games (GALA) price turned down from the $0.357 mark. Amidst the recent sell-off in the crypto market, the coin chart shows six consecutive red candles, which slumped the coin price to $0.215. However, the price action suggests a bullish reversal from this support, aiming above the $0.3 mark. Key technical

The post GALA Price Analysis: GALA Bulls Must Break This Resistance To Initiate A Recovery Rally appeared first on CoinGape.

With BAT ready to nosedive, is there an enticing opportunity

The Basic Attention Token, popularly known for its integration with the Brave browser and its ad-free experience is seemingly losing its shine. The broader market sentiment has hit the coin hard. Thus, leading to a loss of over 60% in market cap since it touched its all-time-high back in November end. Technically speaking, it is […]

ADA Buyers Defend $1 Support; Here’s What To Expect Next For Cardano Price

The overall trend for the Cardano (ADA) price is bearish, and the long-coming descending bolsters a similar opinion. After last week’s relief rally failed to overcome the $1.2 resistance, the ADA price turned down and tumbled 15% to the $1 support. Can bulls make a meaningful recovery, or will they lose the $1 mark? Key

The post ADA Buyers Defend $1 Support; Here’s What To Expect Next For Cardano Price appeared first on CoinGape.

BabyDoge Price Analysis: Range Breakdown Could Lead BabyDoge To $0.0000000025 Support; Shall You Buy?

The Baby Doge price took a sudden turn from the $0.0000000025 on January 21st resistance, which tumbled it by 42%. The token price has fluctuated in a narrow range over the past few weeks and has recently dropped below the $0.00000000359 support level. Sustaining the selling pressure, the memecoin would sink to the $0.0000000025 mark.

The post BabyDoge Price Analysis: Range Breakdown Could Lead BabyDoge To $0.0000000025 Support; Shall You Buy? appeared first on CoinGape.

Planning To Buy ETH? Here Are Key Ethereum Price Levels To Keep An Eye

The recent recovery in Ethereum price marked a high of $3280. This rally breached the combined resistance $3000 psychological level and a long coming descending trendline. However, the Ethereum price reverts to test these levels for sufficient demand.  Key technical points The 20-day DMA acted as strong support for ETH The daily-RSI struggles to sustain

The post Planning To Buy ETH? Here Are Key Ethereum Price Levels To Keep An Eye appeared first on CoinGape.

Can the former crowd favorite SHIB recover back its former glory

Shiba Inu has been one of the most talked about coins in the cryptocurrency sphere and outside. During its heyday, people would almost associate cryptos with either Bitcoin or Shiba Inu. Well, those glory days are long gone. After falling from $0.000088 all time highs to current $0.000028 – a lot has changed. However, with […]

As Bitcoin’s price bottoms out, here’s how you can take advantage of it

Bitcoin has been a source of disappointment for many in the crypto industry of late. The king of cryptocurrency has put up a rather poor show in terms of price action in the last two months. Well, it’s about time Bitcoin regained its former glory. Admittedly, there aren’t a lot of signs to suggest a […]

Bitcoin (BTC) Breaches 50 DMA In A Major Trend Reversal, Lightning Network Capacity At ATH

Over the last weekend, Bitcoin (BTC) has been showing healthy signs of a trend reversal, and well, as of press time, it has moved past its 50-day moving average (DMA). As of press time, Bitcoin is trading 3.05% up at $42,799 with a market cap of $811 billion. This could be the end of the

The post Bitcoin (BTC) Breaches 50 DMA In A Major Trend Reversal, Lightning Network Capacity At ATH appeared first on CoinGape.

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