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DOGE Technical analysis: A Dormant Volcano With The x2 Perspective

DOGE technical analysis

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.

Bitcoin Cash Price Prediction: BCH/USD Market Intensifies Efforts, Rebounding

Market Intensifies Efforts at Rebounding – March 22It has been a long time the BCH/USD trade activities hover around $300. The situation was not easy [...]

The Future of Fintech In View of the War in Ukraine: Top Influencers’ Opinions

Russia’s invasion of Ukraine turned out to be a shock to the global community despite the threat that had been growing for months preceding it. Although the military action is taking place within the Ukrainian boundaries, the financial disruption it brought about has spread far beyond. The global stock market is tumbling, the oil and […]

The post The Future of Fintech In View of the War in Ukraine: Top Influencers’ Opinions appeared first on SDK.finance - White-Label Digital Core Banking Software.

Top Crypto Analyst Issues Bitcoin (BTC) Warning, Predicts This Ethereum (ETH) Rival Could Crash by Over 50%

A widely followed crypto analyst says that Bitcoin (BTC) and one Ethereum (ETH) competitor are facing significant downside risks amid recent sideways movement in the markets. Starting with Bitcoin, pseudonymous crypto analyst Capo tells his more than 248,600 Twitter followers that Bitcoin is experiencing weak bounces, which could be short-lived. “The bulls turned euphoric yesterday […]

The post Top Crypto Analyst Issues Bitcoin (BTC) Warning, Predicts This Ethereum (ETH) Rival Could Crash by Over 50% appeared first on The Daily Hodl.

Bitcoin Price Prediction: BTC/USD Ready for a Cross Above $40,000

Bitcoin Price Prediction – March 15 Following the $39,500 break, the Bitcoin price prediction shows BTC dropping slightly after getting rejected at $39,800. BTC/USD Long-term [...]

Oil and gold both pare losses after Putin says Ukraine not serious in finding acceptable solution

Covid, Ukraine weigh on oil The unwind of the oil trade is an easy one as a few reasons sent prices lower: China’s Covid surge has worsened as more lockdowns occur, expectations of a long Russia-Ukraine war has decreased as Eastern European leaders show unequivocal support for Ukraine’s independence, countries like India have bought Russian […]

Mammoth to put pride on the line after end of run for LCO playoffs — LCO Split 1 Predictions: Week 8 Day 2

With just three weeks to play, the LCO’s playoff spots have been decided. Dire Wolves already hold the tiebreaker over Mammoth, so our top 5 are set. At the pointy end of the ladder, Chiefs are still through and clear at 1, and only dire collapses from Peace, Pentanet.GG and Order will see the teams […]

The post Mammoth to put pride on the line after end of run for LCO playoffs — LCO Split 1 Predictions: Week 8 Day 2 appeared first on Snowball Esports.

NEAR Prices Drop 6% after a Double Top, NEARUSDT Finding Support at $9.5

NEAR Technical Analysis

The Near Protocol price is bearish at spot rates, inching lower inside a descending triangle. Currently, NEARUSDT is below a double top at $12. Past Performance Near Protocol traders may be hopeful, expecting NEAR prices to rip higher and clear immediate resistance levels. However, from the daily chart, sellers are in control. The coin is down six percent in the last trading day and at breakeven versus the USDT on the previous trading week. There could be elements of strength. However, NEARUSDT prices are still capped inside a descending wedge. NEAR Technical Analysis The failure of NEAR bulls to close above the resistance trend line and the descending wedge at $12 is a pointer to weakness. The path of least resistance is southwards in the near term. Notice that prices are also recoiling from the double top marking March 2022 highs even though NEARUSDT prices are still within the March 1 and 9 bull bars. A close above $12 confirms buying pressure, setting the base for another leg up towards $14 and $20 as prices bottom up. On the flip side, more profound losses below $9.5 and the support trend line could trigger a selloff, pushing NEAR towards December 2021 lows of $6.6. What to Expect of NEAR? Despite the optimism, bulls are struggling against a wave of selling pressure. The short-term trajectory of NEAR depends on the reaction at $12 and the descending triangle.

The post NEAR Prices Drop 6% after a Double Top, NEARUSDT Finding Support at $9.5 appeared first on Cryptoknowmics-Crypto News and Media Platform.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Its Investigation of Rafael Holdings, Inc. (RFL) on Behalf of Investors

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of Rafael Holdings, Inc. (“Rafael” or the “Company”) (NYSE: RFL) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your Rafael investments or would like to inquire […]

The post Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Its Investigation of Rafael Holdings, Inc. (RFL) on Behalf of Investors appeared first on Fintech News.

QTUM Technical Analysis: The Critical Mark Of $5.5 Still Under Buyers’ Control

QTUM Technical Analysis

The QTUM price have not played yet a negative role for investors outside the global growth channel. On the weekly timeframe, you can see a significant slowdown in the downward trend for 2 months. Buyers manage to keep the range of $5.5 and this is the main signal for the readiness to form a new growth wave. Starting with the weekly candle of 14 February, buyers have been trying to regain control of the global trend line of the growth channel. On the chart we see that this attempt ended with the closing of the weekly candle below the opening price and with the pin-down. However, such a signal of buyers’ weakness did not provoke sellers to form a new fall wave. Although each subsequent weekly candle closed below the opening price, but at low volumes. Volatility has dropped significantly and during the $5.5 range test, buyers have not experienced significant aggression from sellers. https://www.tradingview.com/x/UY9APeN0/ Therefore, at the moment the continuation of the fall wave is impossible due to insufficient forces of sellers. The main scenario at the moment is the beginning of QTUM price growth with the first target of $8.5. This is where the previous attempt of buyers to launch a medium-term counterattack stopped. The final target at the moment is the $11 mark range. It is from this price point that there is a great risk of starting a new fall wave of QTUM with the main target of $3.6. Technical Analysis Of QTUM On The Daily Timeframe https://www.tradingview.com/x/URvNSJKm/ Analyzing the price movement of QTUM on the daily timeframe, we see that after 24 February, trading volumes fell. We can assume that the set of buyers’ position to form a new growth wave is coming to an end. On the daily chart, we noted the main level, the position and liquidity zone are still gaining ground, where false breakdowns are allowed. Starting from 7 December 2021, sellers have been keeping the initiative in the QTUM market with a red trend line. But, their aggression dropped significantly. On 9 March, buyers began a local growth wave, the main target of which is $7. In this note, it will become clear how much power sellers have left to feed the consolidation in the QTUM market. Thus, while the $5.5 mark is under the control of buyers, we expect the QTUM price to increase in March. The QTUMBTC Price Calls Into Question The Positive In The Market https://www.tradingview.com/x/la9AANAN/ If in the pair to USDT the QTUM price looks encouraging for investors, then in the case of the pair QTUMBTC the opposite is true. Since December 2021, QTUMBTC trading volumes have fallen significantly. Now the QTUMBTC price is falling on a weekly timeframe at such low volumes that it becomes scary for the attractiveness of this cryptocurrency. Thus, the important liquidity volume of 0.00016 is no longer under the control of buyers. One thing is gratifying – that this price fall is very slow and with one weekly candle buyers can completely correct the situation. Therefore, while the price is below the mark of 0.00016 investing in the QTUM cryptocurrency is quite dangerous. And if you have made such a decision – be prepared to buy QTUMBTC at lower liquidity levels to form an attractive average investment price.

The post QTUM Technical Analysis: The Critical Mark Of $5.5 Still Under Buyers’ Control appeared first on Cryptoknowmics-Crypto News and Media Platform.

US dollar holds onto overnight gains

The US dollar remained well-bid overnight, with losses versus the euro offset by gains versus Asian and Commonwealth currencies. The rise in US yields, and haven flows, continue to be supportive of the greenback, as do commodity prices, most of which are priced in US dollars. That left the dollar index trading sideways, easing 0.16% […]

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