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Uniswap (UNI) – Exhibiting a bullish appetite for the coming sessions

Posted on Tuesday, October 4 2022 at 8:52 pm GMT+0000

Uniswap (UNI) stepped on the ascending trendline stretched from the September 21st bottom and shot aggressively higher over the last couple of sessions, to introduce a fresh bullish upgrade to the short-term outlook. The positively charged Ichimoku lines are indicating that bullish forces are strengthening, while the oscillators are reflecting that positive impetus is ramping […]

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Bitcoin Futures (BTC1!) – Near fresh lows; vulnerable to more downside

Posted on Monday, October 3 2022 at 8:56 pm GMT+0000

Bitcoin Futures (BTC1!) saw a slight ease in negative pressures during the last week of September, but the price continues to trade heavy inside the falling regression channel stretched from the November ATH, within a breathing distance of the fresh two-year low of around 18,000 posted a couple of weeks ago. However, after painting its […]

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Enjin Coin (ENJ) – Bears aiming to stretch the short-term negative trend

Posted on Sunday, October 2 2022 at 8:18 pm GMT+0000

Enjin Coin (ENJ) has been trending downwards since mid-September, generating a keen structure of lower tops and lower bottoms, and is currently testing the 0.442 support aiming to stretch the negative trajectory. Moreover, the 20- and 40- period exponential moving averages are plummeting along the price action, endorsing the bearish outlook. The momentum indicators are […]

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Binance Coin (BNB) – Maintaining a neutral to bullish tone within a 6-week-old descending triangle

Posted on Thursday, September 29 2022 at 8:13 pm GMT+0000

Binance Coin (BNB) has been developing within a descending triangle after its impressive June – August rally – which took the price 83% higher – fizzled out in the vicinity of the May 25th peak of 337.00. Technically, although the recent bounce from the lower bar of the triangle overstepped the Ichimoku directional lines, it […]

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Aave (AAVE) – Under bearish control despite the recent price stabilization

Posted on Wednesday, September 28 2022 at 8:46 pm GMT+0000

Aave (AAVE) continues its 7-day sideways navigation within the falling regression channel stretched from the August 12th peak, marginally beneath the August 29th bottom. However, the horizontal move could be nothing more than a temporary pause in the last sell-off, as it came in the aftermath of the confirmation of a bearish trend reversal pattern, […]

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Ripple (XRP) – Pulling back following September remarkable rally

Posted on Tuesday, September 27 2022 at 8:27 pm GMT+0000

Ripple (XRP) outperformed the rest of the crypto market over the previous weeks and skyrocketed to a fresh 4-month high at 0.560. However, the rally fizzled out near the 50% Fibonacci retracement level of the April – June freefall and the price reversed sharply lower. Nevertheless, despite the recent setback, the soaring and positively aligned 20-and […]

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Sandbox (SAND) – Expected to come under renewed selling pressures

Posted on Monday, September 26 2022 at 9:11 pm GMT+0000

Sandbox’s (SAND) recent recovery from a more than 8-month low of 0.733 has snagged near the upper line of the regression channel stretched from July’s peak, as downside forces remain a frontrunner in the metaverse and gaming ecosystem platform. The negative bearing of the 40- and 100-day exponential moving averages is endorsing the medium-term bearish […]

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Axie infinity (AXS) – Ready to stretch its short-term downtrend to new lows

Posted on Sunday, September 25 2022 at 9:08 pm GMT+0000

Axie infinity’s (AXS) recent recovery from the 11.64 low tagged on the 19th of September snagged around the upper-line of the regression channel stretched from the 3rd of September top, and the price reversed back lower. The aforementioned bullish attempt did not harm the short-term negative structure, which is safeguarded by the negatively charged 50- […]

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NEAR Protocol (NEAR) – Expected to come under massive selling pressure

Posted on Thursday, September 22 2022 at 8:15 pm GMT+0000

NEAR Protocol (NEAR) has been creeping lower over the last couple of days, coming close to confirming a bearish trend reversal pattern after the summer rally from the mid-June 10-month low hit a snag in the vicinity of the tough late May resistance of 6.55. As the price is now hovering near the July 26th […]

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