XRP Sluggish At Resistance – Will It Break Out After 2 Months Of Vertigo?
XRP is seen to be stuck and on tepid waters as the price is not wandering off from $0.3 to $0.39 for two months. XRP experiencing weakness with price stuck at $0.3 to $0.39 Price hinting a bearish squeeze Price nearing a breakout and a plunge of 52% The current sluggishness that XRP price is going through is severely pinning and stopping the bulls from making any move in the upward direction. Related Reading: Dogecoin Ready For 4th Straight Week Of Gains – Even Without Elon Musk’s Backing XRP Falling Short, Unable To Jump Higher On the daily chart, XRP structure has looked bullish with its....
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Polygon (MATIC) seems to have its vigor back with it potentially breaching $1 in the coming days. Polygon price is seen to generate massive gains at 108% MATIC price shoots close to a critical level that bulls are eyeing to test Set your eye on this critical level to catch the uptrend MATIC price is moving extremely bullish and could squeeze pushing the price above $1 setting the stage for a huge uptrend that could potentially double the coin’s price to $2. With that being said, MATIC is set to make as much as 100% of gains in the next couple of months. The token’s price open this....
Ethereum price managed to gain a few points, but struggled to break 100 SMA. Can the bulls manage to break it and take ETH/USD higher? Ethereum price ETH showed a few positive signs during the past couple of sessions, but ETH bulls faced a tough time to break a confluence resistance area near $11.00-10. There is a bearish trend line formed on the hourly chart (data feed via Kraken), which is positioned with the 100 hourly simple moving average to form a confluence area. ETH/USD attempted on a couple of times to break the highlighted confluence resistance area, but failed to break the same.....
Options market data suggests the longer-term path of least resistance for bitcoin is to the higher side.
The latest price action in Bitcoin is sluggish at best. The cryptocurrency is hovering near $240 as it struggles to maintain its positive momentum on its way up. As can be remembered from the previous Bitcoin price technical analysis Know This Range, the target is $245, which also happens to be a strong resistance point. Currently, the cryptocurrency is trading at $238.50. With the price rise, the technical indicators have turned in favor of the buyers, however, I am not convinced by the latest data. Fibonacci Retracements - During trading, Bitcoin has recently hit an intraday high of....
ENS price ranges break above 50 EMA on the daily timeframe. ENS price gets rejected as price attempts to break out of an asymmetric triangle. The price holds above daily support and could retest daily resistance for a possible break. Ethereum Names Service (ENS) price showed bullish strength recently, but the price has struggled to break above key resistance against tether (USDT). With Ethereum Name Service (ENS) facing resistance to breaking above $16, acting as a tough resistance area, the price of ENS continues to trade above daily support as the price aims to break key resistance.....