Enjin Coin (ENJ) – Could underpin its positive tone with a break above the channel

Posted on Thursday, August 4 2022 at 8:40 pm GMT+0000

Enjin Coin (ENJ) bounced on Thursday, renewing its battle with the upper line of the 6-week-old upward sloping channel stretched from the June 18th bottom, which managed to curb so far four previous bullish attempts. The positively intersected Ichimoku lines are endorsing persisting upside forces while the oscillators are showing that the positive impetus is […]

Continue Reading

Binance Coin (BNB) – On the verge of strengthening its bullish momentum

Posted on Wednesday, August 3 2022 at 8:54 pm GMT+0000

After two silent days, Binance Coin (BNB) bounced on Wednesday recouping almost all of the losses posted earlier this month, as the middle-line of the regression channel stretched from the June 18th bottom managed to add strong footing under the price. Despite flattening lately, the Ichimoku directional lines remain positively intersected while the oscillators are […]

Continue Reading

Uniswap (UNI) – Could be preparing to unleash a fresh bull run

Posted on Monday, August 1 2022 at 8:59 pm GMT+0000

Uniswap’s (UNI) rally faltered at an almost two-month high of 9.84, with the price reversing lower to seek shelter near the exponential moving averages and the middle-line of the regression channel pulled from the June 18th bottom. Despite the recent setback the short-term technical picture remains upbeat and safeguarded by the 50- and 100-period exponential […]

Continue Reading

Bitcoin Futures (BTC1!) – Bearish mode remains in play in the long-term picture

Posted on Monday, July 25 2022 at 9:09 pm GMT+0000

Bitcoin Futures (BTC1!) painted a third straight green candle for the first time since early February, to close another volatile week during which it jumped to a fresh 5-week high of 24,280. Nevertheless, the flagship cryptocurrency remains under pressure as it continues to drift well below the descending trendline stretched from November ATH, and kicked […]

Continue Reading

Curve DAO (CRV) – Exhibiting a bullish appetite for the coming sessions

Posted on Thursday, July 21 2022 at 8:59 pm GMT+0000

Curve DAO (CRV), the Ethereum token that powers, a decentralized exchange, and automated market maker protocol, bounced forcefully above the upper line of the regression channel stretched from the 18th of June low while looking to challenge the latest intraday top posted on the 18th of July, aiming to underpin the current positive structure. […]

Continue Reading