Generative Data Intelligence

Tag: Technical

XDC Technical Analysis: With a Bullish Sentiment, Watch Out for Retracement at $0.864

XDC price has tested and is currently trading at a 38.2% FIB retracement level of $0.864. If the price falls below the 38.2% FIB extension level in some time, this implies that the price downtrend is strong. In that case, the price downswing is likely to continue tomorrow as well.However, if the price tests and rises above the 38.2% FIB retracement level of $0.864. It can test the FIB retracement level of $0.90. Traders can take a long position accordingly.

China Forces Crypto Miners to Close Shop Causing Bitcoin Price to Plummet

China Flag with Mining Equipment
China Flag with Mining EquipmentChina started closing down Bitcoin mining operations as it sees the crypto activities as a threat to the environment; on top of that, the decentralized network and unregulated business operations can open avenues for illegal activities. China has the most extensive crypto mining operations globally; this crackdown resulted in over 90% of these mines being
Read More

DASH Technical Analysis: Price Has Tested and Fallen Below the 38.2% FIB Retracement Level of $151.66

DASH price has tested and fallen below the 38.2% FIB retracement level of $151.66. It may soon fall below the 23.6% FIB retracement level of $107. Thereafter, we have to wait and watch if the price retests and breaks out of these levels. In that case, the price upswing is likely to continue tomorrow as well. 

Ripple Risks Renewed Downward Movement to $0.51, Threat of Rejection at $0.73

The price of Ripple (XRP) is in a downtrend after rejecting the high at $0.73. The recent uptrend to the high at $0.73 allows the bulls to rally above the previous low at $0.65. However, the uptrend has ended.

NEAR Technical Analysis: Price Has Been Tested, Currently Trading Below 23.6% FIB Retracement Level of $2.38

NEAR price has been tested and is currently trading below 23.6% FIB retracement level of $2.38. If the price falls below the 23.6% FIB extension level it can test a level of $1.76. At some time, this implies that the price downtrend is strong. In that case, the price downswing is likely to continue tomorrow as well.However, if the price tests and rises above the 23.6% FIB retracement level of $2.38. It can test the 38.2% FIB retracement level of $2.76. 

CRO Technical Analysis: Price Likely to Fall Below $0.107, $0.103, and $0.098

CRO price has tested and fallen below the 38.2% FIB retracement level of $0.110. It may soon fall below the FIB retracement level of $0.107. Thereafter, we have to wait and watch if the price retests and breaks out of these levels. In that case, the price upswing is likely to continue tomorrow as well.

DOGE Price Analysis: Dogecoin (DOGE) Stuck Within Descending Channel for 2 Months

DOGE price has been stuck in a 4 cent range the last week 100MA continues to hold price down Major support of $0.24 is close to breaking down DOGE price has been in a strong down trend ever since Elon Musks’ Saturday Night Live appearance. As of now,  $0.74 marked the top of DOGE as

The post DOGE Price Analysis: Dogecoin (DOGE) Stuck Within Descending Channel for 2 Months appeared first on Coingape.

HBAR Technical Analysis: Price Has Decreased from the Opening Price of $0.21

HBAR price has been tested and is currently trading at a 38.2% FIB retracement level of $0.19. If the price falls below the 23.6% FIB extension level of $0.17 in some time, this implies that the price downtrend is strong. In that case, the price downswing is likely to continue tomorrow as well.However, if the price tests and rises above the 38.2% FIB retracement level of $0.21. It can test the 50% FIB retracement level of $0.23.

COMP Price Analysis: Compound (COMP) Breaks 40 Day Falling Wedge Pattern

COMP price has revived nearly 70% since its low of $195 COMP Price has recently broke a falling wedge pattern COMP needs to stay above 200MA to continue revival Compound (COMP) has recently grown much in light of its DeFi capabilities the last year. The price has seen some growth but not as much as

The post COMP Price Analysis: Compound (COMP) Breaks 40 Day Falling Wedge Pattern appeared first on Coingape.

Reserve Rights Price Prediction 2021-2025: Is RSR Set to Reach $2 by 2021?

Reserve Rights (RSR) Price Prediction 2021-2025. Is RSR set to reach $2 by 2021 due to its potential to become the next big thing in the stablecoin markets.

How to Sign Up for the Halo Infinite Beta

Top GamesHere's how to sign up for the Halo Infinite beta coming soon in Summer 2021.During the E3 2021 Xbox and Bethesda Games...

Pros and Cons of Buying Cryptocurrency with Blockchain ATMs

Blockchain has played a very important role in the inception of bitcoin and other cryptocurrencies. Blockchain even transformed the traditional financial industry, as...

Latest Intelligence

spot_img
spot_img
spot_img

Chat with us

Hi there! How can I help you?