AVAX coin price shows a bullish reversal within the symmetrical triangle. Will the reversal trend outgrow the triangle pattern? Key technical points: AVAX coin price offers a turnaround from the support trendline. The Stochastic RSI gives a bullish crossover. The 24-hour trading volume in the Avalanche is $1.84 Billion, marking a 55% rise.  Past Performance of AVAX AVAX prices show a reversal of almost 10% from the support confluence of an ascending trendline and the 200-day EMA. The reverse struggles to surpass the 50-day EMA as the daily candle hints at a wick formation. However, the increasing buying pressure may shortly overcome the sellers at the average.  Source-Tradingview AVAX Technical Analysis  AVAX prices can reach the maximum resistance of the symmetrical triangle with the 50-day EMA breakout. However, if buyers maintain the grip over trend control, the altcoin may outgrow the triangle pattern.  Examining the triangle, the resistance trendline looks relatively more concrete than the support trendline as it has crushed multiple bullish attempts. Hence, increasing trading volume is a must for a bullish breakout. The altcoin prices move within the 50 and 200-day EMA as it stumbles to avoid a death cross. However, the increasing bullish momentum projects the possibility of a trend reversal in EMAs and surpassing the 50-day EMA. RSI Indicator: The RSI slope surpasses the 14-day average with a parabolic reversal, indicating a high likelihood of exceeding the 50% mark and the sideways trend.   Stochastic RSI Indicator: The K and D lines escape the oversold zone with a bullish crossover. Moreover, a divergence is evident in the last two dips at the support trendline. In short, AVAX technical analysis takes a bullish view and appeals to a triangle breakout.  Upcoming Trend AVAX coin price may shortly surpass the $80 mark and reach the $100 resistance zone with the triangle breakout as the buying pressure increases in the recovering market.  Otherwise, closing below the 200-day EMA will nullify the bullish breakout possibility. Support Levels: $70 and $60 Resistance Levels: $90 and $100

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The Terra blockchain’s total worth has surpassed $30 billion. LUNA prices have risen approximately 70% in the last week, due to excellent fundamentals and community [...]

Ethereum Price Prediction – March 5 The Ethereum price prediction reveals that ETH could still follow the bullish movement, despite the recent price falls that [...]

Recently, Bexplus launched a Bitcoin interest-bearing wallet, allowing you to earn passive income by holding Bitcoin. The launch of this ...

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Bitcoin has become one of the most valuable currencies globally after overtaking the Russian ruble.

The post Bitcoin is now a top 15 currency as it surpasses Russian Ruble appeared first on CryptoSlate.

The Ethereum protocol has reached another milestone as the number of Ethereum 2.0 validators has surpassed 300,000. At the time of writing, the Ethereum 2.0 contract has over 9.6 million ether deposited worth more than $28.4 billion. Ethereum Beacon Chain Validators Jump Past the 300,000 Mark For quite some time now, Ethereum (ETH) network participants […]

AVAX coin price shows a solid triangle pattern in the daily chart that has kept the overnight bullish growth of almost 15% within the check.  Key technical points: The AVAX coin price fails to outgrow the triangle pattern despite 15% overnight growth   The Stochastic RSI shows the K and D line avoid a bearish crossover The 24-hour trading volume in Avalanche’s token is $2.25 Billion, indicating a 45% rise.  Past Performance of AVAX AVAX coin price shows the bullish growth of almost 15% overnight resulting in a complete bullish engulfing candlestick and a short follow-through candle with 15 hours left. The rally surpasses the $85 mark and outshines the merged 50 and 100-day EMA. However, the rally shows higher price rejection from the resistance trendline of the triangle pattern.  Source-Tradingview AVAX Technical Analysis  The AVAX coin price shows a boom in buying pressure evident by the jump in trading volume, but bulls struggle to surpass the resistance trendline. However, the increasing recovery of the overall crypto market can result in the triangle breakout. The crucial daily EMAs show the 50 and 100-day averages merged to give a potential crossover. However, the recent recovery can help avoid the crossover and maintain the bullish alignment. The MACD indicator shows the fast and slow lines give a bullish crossover in the positive territory with the recent reversal. Furthermore, the start of a bullish MACD histogram hints at a potential uptrend that may break above the resistance trendline. The Stochastic RSI Indicator shows the K and D lines avoiding a fatal bearish crossover with the recent recovery and maintaining a bullish trend. Therefore, the indicator shows the bull cycle surviving a bear attack. In a nutshell, the AVAX technical analysis reflects a potential triangle breakout that may surpass the $100 resistance zone. Upcoming Trend The AVAX coin price remains within the triangle pattern and hints at a potential breakout as the buying pressure grows all over the crypto market. However, safe traders must wait to surpass the trendline before taking a bullish stand. Traders can expect the rally to reach the $100 mark and bring back the bullish momentum. Support Levels: $75 and $65 Resistance Levels: $90 and $100

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Bitcoin provides value that surpasses the brand value of the U.S. dollar, as the code provides the utility of superior money.

The post Attention Traders!! This Altcoin May Come-Out to be the Best Bet of 2022! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Cardano’s price has been lucrative throughout the year 2020-21. The asset rallied more than 15,000% since then to hit the ATH above $3 from the lower areas around $0.1. However, the asset has faced a major rejection here and since then continues to maintain a deep descending trend. Despite the current narrow accumulation, ADA price …

Donations have been coming in to support Ukraine. Organizations in Ukraine have received over $1 million in Bitcoin. Crypto is ...

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This week, Axie Infinity, the blockchain-based on-line online game crafted by the Vietnamese software program studio Sky Mavis, surpassed $4 billion in all-time non-fungible token (NFT) gross sales. Currently, the play-to-earn (P2E) recreation launched in 2018 is the third-largest NFT platform when it comes to all-time gross sales. The Sky Mavis Crafted Blockchain Game Axie […]

The post Play-to-Earn Blockchain Game Axie Infinity Surpasses $4 Billion in All-Time NFT Sales – Blockchain Bitcoin News appeared first on Bitcoin Upload.

GreenBox POS has released preliminary unaudited 2021 results wherein its revenue and transaction volume grew by more than 200% and 800%, respectively The company’s processing volume outstripped its initial projections of $1.85 billion GreenBox recorded a transaction volume of $1.95 billion in 2021, while its revenues increased to at least $26 million GreenBox recently appointed … Continue reading "GreenBox POS (NASDAQ: GBOX) Surpasses Projections with Record 2021 Processing Volume of $1.95 Billion; Appoints Seasoned Cross-Functional Management Expert as Chief Operating Officer"

The post GreenBox POS (NASDAQ: GBOX) Surpasses Projections with Record 2021 Processing Volume of $1.95 Billion; Appoints Seasoned Cross-Functional Management Expert as Chief Operating Officer appeared first on CryptoCurrencyWire.