Tuesday, February 11

Tag: bearish

Cardano Price Analysis: Will ADA Fall to $0.6 After 11% Weekly Drop?
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Cardano Price Analysis: Will ADA Fall to $0.6 After 11% Weekly Drop?

Cardano’s price has been correcting gradually over the last few months after a significant rally in November. Yet, there are multiple strong support levels available to push the price higher in the coming weeks. By Edris Derakhshi (TradingRage) The USDT Paired Chart Looking at the USDT-paired chart, the asset has been trapped inside a large falling wedge pattern below the $1.3 resistance level. Currently, the market is dropping toward the lower boundary of the pattern and the $0.8 support zone, which could result in a bullish rebound. Yet, even if these levels get broken to the downside, the 200-day moving average, located around the $0.6 mark, will likely prevent the price from dropping lower in the short term. The BTC Paired Chart Looking at the ADA/BTC chart, the former has been consoli...
Dogecoin Is Setting For A Massive Leg Higher– Analyst Sees Bullish Consolidation Above Key Level
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Dogecoin Is Setting For A Massive Leg Higher– Analyst Sees Bullish Consolidation Above Key Level

Dogecoin (DOGE) has actually remained in a short-term drop for the previous 2 weeks, shedding over 29% of its worth because striking a regional high up on January 18. The meme coin has actually dealt with constant selling pressure, matching wider market unpredictability. This sag might be nearing its end as DOGE techniques crucial need levels that have actually traditionally supported cost healings. Leading expert Scient shared a technical analysis on X, highlighting that Dogecoin is establishing for an enormous leg greater. According to Scient, DOGE is presently combining above the 1-day assistance level while likewise discovering strong assistance at the 1-day 100 EMA. This indicates a possible turnaround as purchasing pressure begins to construct at these crucial levels. If Dogecoin h...
Greatest Altcoin Gainers Of The Fourth Week of January 2025
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Greatest Altcoin Gainers Of The Fourth Week of January 2025

The crypto market experienced substantial volatility today as Bitcoin rose to $107,000. This motion triggered some altcoins to deal with drawdowns while others became leading entertainers, providing remarkable revenues to financiers. BeInCrypto has actually determined 3 standout altcoins that ranked amongst the week's most significant gainers and explores what financiers can prepare for next. GateToken (GT) GT has actually seen a 23% increase today, reaching a brand-new all-time high of $25.96 throughout the current intra-day session. This constant upward momentum has actually caught financier attention, placing the altcoin as one of the top-performing altcoins in the existing market. In spite of periodic bearish market hints, GT has yet to experience a sharp correction. This stren...
Bitcoin Price Retreats After Fresh ATH: A Pause Before the Next Surge?
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Bitcoin Price Retreats After Fresh ATH: A Pause Before the Next Surge?

Bitcoin rate began a short-term disadvantage correction after setting a brand-new all-time high. BTC is combining above $101,000 and may go for a fresh boost. Bitcoin began a disadvantage correction from the $109,000 zone. The cost is trading listed below $104,500 and the 100 per hour Simple moving average. There is a linking bearish pattern line forming with resistance at $104,000 on the per hour chart of the BTC/USD set (information feed from Kraken). The set might begin another boost if it remains above the $100,000 assistance zone. Bitcoin Price Sets New ATH Bitcoin rate began a good upward relocation above the $102,000 zone. BTC had the ability to climb up above the $104,500 and $103,800 levels. The bulls even pressed the cost above the $107,000 level. The cost traded to a brand-ne...
EUR/USD Price Analysis: Renewed 20-day SMA rejection curbs bullish efforts
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EUR/USD Price Analysis: Renewed 20-day SMA rejection curbs bullish efforts

EUR/USD dips and lands around 1.0285 amidst fading benefit incentive. RSI edges up, still restricted in unfavorable area and signaling lukewarm purchasing interest. MACD pie chart stays flat with green bars, highlighting an absence of engaging bullish follow-through. The EUR/USD set had a hard time to preserve upward momentum on Friday, slipping by 0.20% to settle around the 1.0285 mark. Efforts to break decisively above the 20-day Simple Moving Average (SMA) when again failed, highlighting consistent headwinds dealing with any near-term healing. While the set has actually handled to prevent a more noticable sell-off, the marketplace's hunger for more powerful gains appears soft. On the technical front, the Relative Strength Index (RSI) has actually pushed slightly greater to 44, a lev...
Kusama and Solana Whales Are Betting Big on New Secret 1Fuel (OFT) As Early Positions Still Available
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Kusama and Solana Whales Are Betting Big on New Secret 1Fuel (OFT) As Early Positions Still Available

Kusama and Solana's whales are banking on 1Fuel's presale, making $OFT tokens a must-buy crypto for huge gains. 1Fuel's continuous ICO has actually raised over $1.2 million, rewarding early backers with huge earnings. As more financiers sign up with the presale, $OFT tokens' worth is bound to rise to brand-new highs, making it a leading presale financial investment. Kusama deals with unpredictability amidst consistent bearish patterns Kusama is trading at around $30. Its current bearish patterns have actually worried numerous holders. Kusama has actually struggled this previous month with a 16% weekly chart decline and 23% 30-day loss. Kusama lost 32% on the year-to-date chart and some financiers are costing a loss. Kusama's listing on MyCoinChange has actually raised hopes that this may p...
BITCOIN PRICE ANALYSIS & PREDICTION (January 13)– BTC Targets $85k For Short-term Correction But Now Looks Calm
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BITCOIN PRICE ANALYSIS & PREDICTION (January 13)– BTC Targets $85k For Short-term Correction But Now Looks Calm

Bitcoin's lower low and lower high development have actually stirred lots of bearish beliefs amongst swing traders, however the whales are still positive, as the marketplace predisposition stays bullish in the long term. It is down 6% weekly. Bitcoin's crucial assistance and resistance levels have actually stayed undamaged over the previous week. It tried to resume bullish however stopped working to recover the previous high due to bearish interception around the $103k level. This caused another major drag down, however the main crypto handled to hold above the $91k level last Thursday. The bulls benefited from the momentary hold and pressed back, however the $96k level positioned a strong risk today and is now dropping-- trading at $64k at the time of composing. Losing the discussed holdi...
Pound Sterling Price News and Forecast: GBP/USD supports however stays delicate
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Pound Sterling Price News and Forecast: GBP/USD supports however stays delicate

GBP/USD Forecast: Pound Sterling supports however stays vulnerable After dipping to its weakest level given that November 2023 listed below 1.2250 in the European session on Thursday, GBP/USD removed a part of its losses in the 2nd half of the day. The set sell a narrow channel at around 1.2300 on Friday as financiers keep a close eye on the action in the UK gilt markets while awaiting December labor market information from the United States. The selloff in the UK gilts continued early Thursday, triggering Pound Sterling to damage versus its significant competitors. In the European early morning on Friday, the yield on the 10-year UK gilt remains in favorable area at around 4.85%. Another leg greater in this yield might set off a brand-new bout of selloff in GBP. On the other hand, a dow...
XRP’s Bullish Surge: Key Levels to Watch for $27 Target
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XRP’s Bullish Surge: Key Levels to Watch for $27 Target

You are here: Home/ News/ XRP's Bullish Surge: Key Levels to Watch for $27 Target Secret Takeaways: XRP has actually broken through the 0.236 Fib Channel, producing optimism for a possible rally. A day-to-day close above $2.12 is essential for preserving bullish momentum. RSI analysis exposes important levels to expect ongoing upward motion. XRP is presently riding high after breaking through the 0.236 Fibonacci Channel, an important technical level that has actually stimulated optimism amongst traders. According to a current post from EGRAG CRYPTO, XRP's motion reveals appealing indications of a possible rise. In the meantime, the focus is on how to close the day's candle light above $2.12, a crucial assistance that would strengthen an advantage predisposition for the day...
NZD/USD Price Forecast: Remains controlled near 0.5650, coming down channel’s lower limit
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NZD/USD Price Forecast: Remains controlled near 0.5650, coming down channel’s lower limit

NZD/USD continues to trade within a coming down channel pattern, showing a continuous bearish predisposition. An upward correction is suggested as the 14-day RSI is placed listed below the 30 mark. The set might check the coming down channel's lower border at 0.5630 level. The NZD/USD set edges lower to near 0.5650 throughout the European hours on Monday. The technical analysis of the everyday chart recommends a continuous bearish predisposition as the set is restricted within a coming down channel pattern. In addition, the NZD/USD set stays listed below the 9- and 14-day Exponential Moving Averages (EMAs), signaling weak short-term rate momentum, which might suggest that the cost is most likely to continue experiencing down pressure. The 14-day Relative Strength Index (RSI) stays li...