TA- Near Protocol Struggles With Resistance, Can Bulls Push Price To $6?
The price of Near Protocol (NEAR) showed bullish signs of going higher to a region of $6-$7, but the price was rejected back to its support area, where it has found high demand for its price. Bitcoin (BTC) and Ethereum (ETH) all saw a relief bounce from their monthly low, leading to altcoins like Near Protocol (NEAR) having a measure of relief bounce. (Data from Binance) Related Reading: This Indicator Predicts Probable Bearish Trend Ahead For Ethereum Near Protocol (NEAR) Price Analysis On The Weekly Chart The price of NEAR showed some great bullish strength after breaking above its....
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BEL price creates more bullish sentiment as price struggles to break and hold above the daily 50 EMA BEL looks more stable as bulls breakout of a descending triangle The price of BEL could face major resistance at $1 Bella Protocol (BEL) had a rocky start to the year, failing to live up to its initial hype. However, this could be set aside as the price has recently turned bullish against tether (USDT). Bella Protocol (BEL) has seen more of a downtrend than an upside in the bear market, with the price struggling to regain the bullish structure and failing each time, with Bitcoin (BTC)....
Bitcoin price is struggling to recover above $112,500. BTC is now consolidating and might decline if there is a move below the $110,800 level. Bitcoin started a recovery wave above the $110,800 zone. The price is trading above $111,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $110,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $113,000 zone. Bitcoin Price Faces Key Hurdles Bitcoin price started a fresh recovery wave from the $110,000 zone. BTC managed to....
Solana (SOL) struggles to break key resistance after it suffers a huge loss on a hot wallet hack, losing over $5M creating so much panic in the heart of many faithful. The price of SOL looked strong in the early part of the week, trading above $40, trying to break the resistance before having an attack on some wallets drained more than $8 million from Solana users. It now struggles to break above the 50 exponential moving average (EMA) on the one-hour (1H) chart. SOL Daily Chart Analysis The daily chart for SOL shows it is trading at $38.7 below the 50 & 200 exponential moving average....
Bitcoin price is correcting gains from $116,500. BTC is now consolidating and might start a fresh decline if it stays below the $116,500 resistance zone. Bitcoin started a fresh increase above the $115,000 zone. The price is trading below $115,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $115,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $116,500 zone. Bitcoin Price Struggles To Continue Higher Bitcoin price started a fresh upward wave above the $113,500....
AAVE shows that the price is steadily rising as the coin’s bullish streak makes noise in the market. AAVE price is raging bullish today with its steady climb to $109 resistance level The coin faces hurdle at $113.50 AAVE/USD pair support is spotted at $97.91 The AAVE/USD price saw a boost of 12.02% compared to the figures yesterday as the market spikes to $109.99 from yesterday’s $105. Related Reading: Cosmos Hub Soars Over 5% Within 24 Hours – ATOM Up 13% In Last Week AAVE Resistance Spotted At $113.50 According to CoinMarketCap, AAVE has plunged by 0.18% as it trades at $109.87 as of....