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Will AI Power The Next Era Of Financial Markets 
The post Will AI Power The Next Era Of Financial Markets  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
Artificial Intelligence (AI) has become one of the most used emerging technologies in improving the efficiency of modern-day systems. This nascent technological field dates its origins to the 1950s following Alan Turing’s theory of computation. The prominent English mathematician, also known as the father of computer science, raised a fundamental question in his ‘Computing and …
Here’s How and When Avalanche (AVAX) Price Will Hit $100 !
The post Here’s How and When Avalanche (AVAX) Price Will Hit $100 ! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
The past week has been a bullish run for AVAX as it has flipped multiple resistance levels. This development could further fuel Avalanche’s price towards all-time high and even beyond that. Since AVAX’s all-time high on November 21, 2021 that hit $146.75, the currency has seen four lower highs. But over the past week AVAX …
DOGE Technical analysis: A Dormant Volcano With The x2 Perspective
The DOGE cryptocurrency price movement did not change significantly during the trading month. In the previous analysis, we outlined the importance of the $0.1 mark for the medium-term growth wave. Since then, the DOGE price has continued to move within the consolidation wedge and has not fallen below the critical mark. The level of passivity of market participants is outrageous. However, the weakness of the price fall and low volumes during the fall – this is the problem of sellers. No matter how weak or scared the buyers are at the moment, they manage to turn the price in a weekly timeframe. https://www.tradingview.com/x/yhjP15pw/ The main scenario is the $0.26 test remains valid. This mark shows the global trend line of the correctional channel of sellers. In this channel, the DOGE price is traded from June 2021. On the way to the $0.26 mark, buyers will face another problem – the $0.17 mark. At this point, the average trend line of the fall channel. However, a much more important fact is that the range of $0.17 confidently stopped the DOGE price rebound in late November. As we can see in the chart, buyers could not take control of this mark for 5 weeks. Therefore, the probability of a rebound from this mark and a retest of the mark of $0.138 is the main scenario for us. Technical Analysis Of DOGE On The Daily Timeframe https://www.tradingview.com/x/fPReABhr/ Analyzing the movement of the DOGE price on the daily timeframe, we see the beginning of a new growth wave. So far, all this is organized lazily and without confirmed volumes. However, each new wave begins its formation with uncertain movement. To accelerate the potential growth trend, buyers should first go beyond the wedge and break the $ 0.138 mark. Starting from 21 February, sellers took control of this mark. Although at the moment the local low update is rather sluggish, the initiative still belongs to sellers. Breaking and taking control of the $0.138 mark will guarantee buyers a confident continuation of the growth wave. This should be taken into account when planning an investment in the DOGE cryptocurrency. An unsuccessful attempt by buyers to take control of the $ 0.138 mark will increase the risk of the $ 0.113 mark test. However, even such a scenario will be safe for the formation of a new growth trend in the near future. The DOGEBTC Price Is In The Critical Range Of 0.00000290 https://www.tradingview.com/x/iEajwodt/ Hints of positivity can also be found on the DOGBTC global price list. What positive can be find since January 2022? Yes, every next week closes below the opening price. However, pay attention to the local low update from November 2021. In the case of sellers’ strength and the complete disinterest of buyers, the DOGEBTC price had to accelerate its decline. Then we see the price fall stop after updating the low and a signal for reversal. In the weekly timeframe, this means the formation of a medium-term growth wave with the first target of 0.00000350. For a global reversal in the DOGEBTC market, buyers should take control of the 0.00000450 mark.
The post DOGE Technical analysis: A Dormant Volcano With The x2 Perspective appeared first on Cryptoknowmics-Crypto News and Media Platform.
Tezos (XTZ) inside a Bear Flag, Immediate Resistance at $3.7
Tezos prices are inside a bear flag amid a double bottom with support at $2.8. A close above the neckline may spark another wave of higher highs towards February 2022 peaks. Past Performance Tezos is inside a descending triangle, printing higher highs with a solid base at $2.8. Based on the formation in the daily chart, the path of least resistance is downwards from a top-down analysis. However, since there have been decent gains in the past few weeks, buyers may close above $3.7 and the upper trend line of the wedge for another leg up. Tezos Technical Analysis The XTZ price is inside a descending wedge with support at around $2.8. While there are higher highs, the Tezos coin could break above the double bottom neckline at $3.7 in a possible bullish breakout pattern as XTZ bottoms up. Ideally, the close above $3.7 should have high trading volumes in line with gains of February 28, confirming buyers. A close above the descending triangle could be the foundation of another leg up towards February 2022 highs of $4.5. What to Expect of Tezos Tezos is in range mode with caps at $2.8 and $3.7 inside a descending triangle. There is a double bottom, signaling possible strength. Despite confident traders, the coin is in bearish territory, provided prices are inside the bear flag.
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