Price Analysis

MATIC, NEAR, Avalanche, Dogecoin Price Analysis – April 7

MATIC, NEAR, Avalanche, Dogecoin Price Analysis – April 7

The crypto market sustained a massive plummet over the past 24 hours as Bitcoin lost about 5%. Alts such as Dogecoin and MATIC hovered around stable support floors before BTC, and the broad crypto market accelerated downward in the latest hours. That had them plummeting further to explore levels that remained substantial on higher time-frames. Can these assets push higher? Polygon (MATIC) The past 24hrs saw Polygon falling into a demand zone on higher time-frames (12hr and daily). Previously, the alt traded inside the $1.56 - $1.74 range but selling momentum appears lucrative for bears to keep the range lows.…
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Bitcoin Drops $45K Following Hawkish Fed; Buying Activity Still Positive

Bitcoin Drops $45K Following Hawkish Fed; Buying Activity Still Positive

Bitcoin Drops $45K Following Hawkish Fed; Buying Activity Still Positive Bitcoin (BTC) plunged to $45K support on Wednesday morning. That's despite on-chain data showing positive buying activity. The crypto exhibits weakness, changing hands near $44,767.71 at this publication, reflecting a 4.21% 24-hour decline. BTC declines emerged amid a global crash following hawkish comments by the US Fed Reserve. Lael Brainard, Fed Governor, hinted at central bank balance sheet trimming in May as he stated that curbing inflation remained paramount. That triggered sell-offs within the market as traders worried a restrictive atmosphere might lead to economic downturns. The tech-heavy NASDAQ lost…
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Polkadot (DOT) Price and Possibilities of 70% Upsurge

Polkadot (DOT) Price and Possibilities of 70% Upsurge

DOT price appears prepared for new upswings after the alt flipped a critical resistance zone at $22.50 into the support floor. Enthusiasts can expect a 33% upsurge towards $30.48 soon. A daily candle close under $20.17 will cancel Polkadot's bullish case. Polkadot price exhibits surging signals following the latest reaction that flipped a long-standing hurdle into a foothold. This development will likely propel the alternative token higher, exploring the nearest resistance level. DOT to Capitalize on Bullish Effort Polkadot attempted to surpass the resistance barrier at $22.50 for seven days without success on each trial. Moreover, the obstacle means pain…
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Cardano Goes Bullish As Addresses with Over 100,000 ADA Touch New Highs

Cardano Goes Bullish As Addresses with Over 100,000 ADA Touch New Highs

Cardano addresses with more than 100,000 tokens have scooped 16.8% of ADA's supply. Cardano's price climbed above $1.23; analysts noted an optimistic chart setup for the token. ADA whale holdings decline regardless of the recovery signs by the "ETH-killer." Cardano's price seems ready for breakouts as crypto analysts note a bullish formation on the altcoin's chart. Cardano sees a massive spike in accumulation by mid-tier holders, with more than 100,000 ADA tokens in their wallets. Cardano Price Ready for Upside Rally Cardano's price kick-started uptrends, breaking above $1.23 as the alternative token saw an increased investor pile. Mid-tier holders with…
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Zilliqa (ZIL) Hints at 25% Discount: Price Forecast

Zilliqa (ZIL) Hints at 25% Discount: Price Forecast

Zilliqa technical price chart displays multiple higher rejection candlesticks around the resistance barrier at $0.211. The constant upside rejection might catalyze bearish reversals and drop the alternative token towards the $0.136 level. Should you hold ZIL during this correction? Key Points Zilliqa price chart displays multiple high-tail rejection candlesticks at the $0.221 resistance. ZIL might see its price falling to the 0.5 FIB retracement level. Zilliqa's intraday trading volume of $3.4 billion reflects a 32% drop. The sudden price surge in ZIL/USDT followed the ZIL metaverse, Metapolis launch, and latest partnerships with different companies. That saw Zilliqa surging 371% within…
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ApeCoin (APE) Should Keep This Area for New Highs

ApeCoin (APE) Should Keep This Area for New Highs

ApeCoin has its price grappling with the supply zone, extending between $14.23 and $15.98. A rejection might push the token towards the $12.28 support floor, whereas overcoming the obstacle might result in new highs. A daily candle close under $12.28 might catalyze a massive crash to $9.64. ApeCoin (APE) has witnessed a substantial upward move within the previous ten days. Nevertheless, the latest move to the supply territory proves challenging for the alt bulls. Enthusiasts should be alert since failure to trigger upswings might translate to a sharp fall. APE Price at Break or Make Level ApeCoin's price arrived at…
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Is Shiba Inu (SHIB) Worth Buying After Many Developments and Support?

Is Shiba Inu (SHIB) Worth Buying After Many Developments and Support?

Shiba Inu motivated the community with the 30 March announcement. The meme coin witnesses increased global adoption. Shiba Inu ecosystem boasts multiple developments that might result in a coin's value increase. Shoba Inu (SHIB) has witnessed massive popularity since its launch as a Dogecoin competitor. Though the alternative token arrived in the marketplace as a meme, Shiba Inu expanded its ecosystem with time, now featuring Shiba Swap and the crypto gears towards building its metaverse network. SHIB Development as Growth Catalyst Netcoin's 25 March announcement indicated that the platform added five cryptocurrencies, including the Dogecoin competitor, Shiba Inu. Individuals using…
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Last Call to Invest in Ethereum before ETH Explodes to $4K – Price Analysis

Last Call to Invest in Ethereum before ETH Explodes to $4K – Price Analysis

Ethereum shows signals of more upswings after the alt surged 36% over the past two weeks. On-chain data supports a $4,000 revisit after a slight retracement. A daily candle close beneath the 50-day Simple Moving Average at $2,848 will cancel ETH's bullish thesis. Ethereum price appears ready to extend upside, but a minor correction seems possible before another massive leg-up. On-chain metric supports the potential near-term correction that will welcome long-term bullishness for Ethereum. Ethereum Prepares for More Upticks Ethereum gained near 36% since 14 March, overpowering the 50- and 100-day SMAs near $2,845 and $3,045, respectively. While publishing this…
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