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Simple Moving Average – Page 5 – BitcoTasks BLOG
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MANA Soars As Market Optimism Returns, Next Stop $0.3713 Level

Mana

The current price action of Decentraland (MANA) indicates that market optimism is on the rise as the digital currency regains its bullish momentum, with the price now targeting the key resistance level of $0.3713. This recent surge in MANA’s price occurred following a price rejection at $0.3099, marked by the formation of a hammer candlestick…

MANA Soars As Market Optimism Returns, Next Stop $0.3713 Level Read More »

Toncoin Under Pressure As TON Price Falls Below 100-Day SMA, $6 Looms

Toncoin Ton

Toncoin (TON) has recently seen a notable price decline, dropping below its 100-day Simple Moving Average (SMA). This breach of a critical technical indicator has placed the digital asset under bearish pressure, raising concerns among investors and traders. With the $6 mark now looming as a potential target, there is market speculation about whether the…

Toncoin Under Pressure As TON Price Falls Below 100-Day SMA, $6 Looms Read More »

Cardano (ADA) Dips Under $0.4233: Will the Bears Continue to Rule?

Ada

The cryptocurrency market has seen a recent downturn, with Cardano (ADA) experiencing a notable decline, dropping below the $0.4233 mark. This drop can be attributed to the recent shift in market sentiment towards a bearish outlook. The critical question now is whether this bearish momentum will continue or if a potential rebound is on the…

Cardano (ADA) Dips Under $0.4233: Will the Bears Continue to Rule? Read More »

Solana Hits $170, Bullish Channel Formation Indicates Possible Rally

Solana

The cryptocurrency market has witnessed significant fluctuation, with Solana (SOL) experiencing a notable retracement to $170.27, creating a bullish channel in the process. This recent market behavior happens after a period of a potential rally that has previously pushed the price of SOL above the $170.27 level.  As the price of this digital asset continues…

Solana Hits $170, Bullish Channel Formation Indicates Possible Rally Read More »

Bitcoin Price Retraces To $66,736: Can Bulls Stage A Recovery?

Bitcoin

Bitcoin (BTC), the world’s leading cryptocurrency, has recently experienced a pullback, with its price heading for the $66,736 level. This dip follows a period of significant bullish activity that had previously pushed BTC’s price above this mark. As the price of the crypto asset approaches this critical level, the key question is whether the bulls…

Bitcoin Price Retraces To $66,736: Can Bulls Stage A Recovery? Read More »

Solana Sets Sights On $175 Resistance As Bullish Momentum Builds

Solana

Lately, the price of Solana (SOL) has been demonstrating bullish resilience and gaining significant growth above its bearish trendline. Market participants are closely watching this current price action with the $175 resistance acting as a pivotal point, and a break above it could set the stage for a potential rally that might propel the crypto…

Solana Sets Sights On $175 Resistance As Bullish Momentum Builds Read More »

MATIC Targets $0.5030 As Bearish Pressure Halts Recent Uptrend

Matic

Recent trading activities have caused the price of MATIC to slide, targeting the $0.5030 mark, following a period of strong upward momentum disrupted by bearish pressure. This sudden drop, driven by increasing bearish sentiment in the market, has sparked speculation among traders and investors about whether the $0.5030 support level will hold or if further…

MATIC Targets $0.5030 As Bearish Pressure Halts Recent Uptrend Read More »

XRP Price Plummets To $0.5724, Can Bulls Maintain Support?

Xrp

In recent trading activities, XRP has experienced a significant retracement, dipping toward a critical support level of $0.5724. This retracement which is seen as a correctional movement to the crypto asset’s recent rally has caught the attention of traders and investors alike thereby raising speculations as to whether the bulls can maintain the $0.5724 support…

XRP Price Plummets To $0.5724, Can Bulls Maintain Support? Read More »

BNB Price Rally Imminent? Trendline Break Could Ignite Surge To $635

Bnb

Currently, the price of BNB has been attempting a bullish momentum movement toward the bullish trendline. This bullish move which is the second attempt the crypto asset is making after a successful break below the trendline is sparking up optimism among traders and investors alike that a break above could ignite a potential rally toward…

BNB Price Rally Imminent? Trendline Break Could Ignite Surge To $635 Read More »

Dogecoin Set For Heightened Downtrend After A Rejection At $0.1293

Dogecoin

Popular meme coin, Dogecoin, recently faced a rejection at a significant resistance level of $0.1293. This setback has led the crypto asset to start a fresh downward move towards its previous low of $0.0914. Since DOGE failed to break past the $0.1293 barrier, this has led to speculations among market participants about the next move…

Dogecoin Set For Heightened Downtrend After A Rejection At $0.1293 Read More »

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