Litentry Breaks Out Of A Descending Triangle, Can Bulls Hit $1.2?
LIT price creates more bullish sentiment as price hold above daily 50 EMA LIT looks more stable as bulls breakout of a descending triangle The price of LIT could face major resistance at $1.2 Litentry (LIT) has had a rough start to the year, but that could be shelved aside as the price looks more bullish recently against tether (USDT). Litentry (LIT) price has seen more of a downtrend in the bear market than an upside with the price struggling to regain the bullish structure and has failed each time with Bitcoin (BTC) price falling to a region of $18,700 affecting the price of the....
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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 currently settling inside a descending triangle pattern and could be due for a breakout soon. Bitcoin Price Key Highlights. Bitcoin price has formed lower highs on its 1-hour time frame and found support around $900. This has led to the creation of a small descending triangle consolidation pattern on the short-term chart. The direction in which price breaks out could set the longer-term trend for bitcoin. Technical Indicators Signals. The 100 SMA is above the longer-term 200 SMA so the path of least resistance is to the upside. This suggests that a break higher could be....
PRESS RELEASE. The blockchain industry is an ever-evolving world and Litentry is at the forefront of this revolution. Litentry intends to create a truly decentralized identity aggregation solution that will power web 3.0 applications.
Its blockchain architecture is advanced and has witnessed massive growth due to its application in different sectors. Litentry has also created a DID Startups Programs that incentivizes innovative teams to build products that will add value to its blockchain. To continue its growth, Litentry has applied for a Polkadot Parachain slot that will....
Ethereum price seems to have its sights set higher after breaking out of a descending triangle on its 4-hour chart. Technical indicators are also supporting further gains. Ethereum price had previously consolidated inside a descending triangle pattern, forming lower highs and finding support at 0.00250. At the moment, ethereum price is testing the near-term resistance at the 0.00300 level, waiting for more bulls for another leg higher. An upside break past this level could take it up to the next area of interest at 0.00330-0.00350 then onwards to the larger triangle highs at 0.00400.
Bitcoin price has now set a handful of lower highs on the daily timeframe but has yet to make a lower low, confirming a downtrend. However, each subsequent lower high has now resulted in what appears to be a descending triangle pattern – a traditionally bearish pattern for the cryptocurrency. Will this triangle eventually break […]