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After months of consolidating below the $1 mark, an analyst has observed that Cardano (ADA) could be primed for a potential parabolic rally based on the token’s technical setup. In this context, ADA has triggered one of the most powerful buy signals on its weekly time frame, targeting price levels around $5, as observed by TradingShot in a TradingView post on September 24. According to the Analysis , Cardano’s one-week Logarithmic Moving Average Convergence Divergence (1W LMACD) has formed a bullish cross for the first time since October 2023. This signal marks a significant shift for ADA, suggesting that a major upward move could be on the horizon. Picks for you Ripple sells over $200 million of XRP in September's selling spree 2 hours ago ...

The original meme coin, Dogecoin (DOGE), has been experiencing a downturn in the last 30 days, with a 17.13% decline to DOGE price today of $0.097.  Things may, however, soon change for the popular cryptocurrency as technical Analysis (TA) conducted by the prominent digital assets expert, Ali Martinez, hints that Dogecoin is set for a rally. Indeed, Martinez explained in an X post made on September 2 that DOGE is showing a bullish divergence against the relative strength index (RSI) – a momentum indicator that tracks the size of recent price moves – and that TD Sequential is giving a buy signal. Picks for you 2 Bitcoin price catalysts that will make breaking $100,000 'a minimum expectation' 8 mins ago Brian Kemp’...

Buyers’ pressure increases in Chiliz market Chiliz (CHZUSD) Price Analysis – November 01 When the sellers put in more asset the key support level of $0.17 may be broken downside and the low of $0.13 and $0.10 may be reached. When there is a further increase in the buyers’ momentum, the resistance level of $0.22 may be broken upside, $0.26 and $0.28 levels may be tested. CHZ/USD Market Key Levels: Resistance levels: $0.22, $0.26, $0.28 Support levels: $0.17, $0.16, $0.13 CHZUSD Long-term Trend: Bullish Chiliz is under buyers’ control. Three weeks ago, sellers dominated Chiliz market. The price bottomed at the support level of $0.17. The just mentioned level holds and the price experience a bullish reversal at $0.17. Strong bullish candles emerges and price increases accordingly. The former resistance level of $0.13 and $0.17 have turned to support level. The daily chart has shown that buyers are dominating the market. The price action has formed an in...

There is an increase in bullish momentum in Polkadot market DOTUSD Price Analysis – October 31 Should bulls’ pressure increase, Polkadot will equally increase and the resistance level of $6.7 may be broken upside, above this mentioned level are $7.6 and $8.0 levels. On the other hand, an increase in the sellers’ momentum may push the price below $6.0 which may reduce it to $5.6 and $4.0 support levels. DOT/USD Market Key levels: Resistance levels 6.7, 7.6, $8.0 Support levels: $6.0, $5.6, $4.0 DOTUSD Long-term Trend: Bullish On the long-term outlook, DOTUSD is on the bullish movement . The momentum of sellers pushed down the coin to the low of $5.6 on 21 October. The pressure of the sellers seized and a strong daily bullish candle emerged. This send signal to the trader that buyers are ready to take over DOT market. The bulls are exerting their energy to break up $6.7 resistance level. The fast Moving Average (9 periods EMA) is below the slow Moving Average ...

Join Our Telegram channel to stay up to date on breaking news coverage Buyers opposed sellers at $4.0 Level in the CAKE market CAKEUSD Price Analysis – October 30 An increase in the buyers’ momentum will break up the resistance level of $4.8 and PancakeSwap may increase to the resistance at $5.0 and $5.5 levels. Should the sellers break down the support level of $4.6, price may decrease to $4.3 and $4. 1 support levels . CAKE/USD Market Key levels: Resistance levels: $4.8, $5.0, $5.5 Support levels: $4.6, $4.3, $4.1   CAKEUSD Long-term trend: Bullish PancakeSwap is bullish in the daily chart. A strong bearish momentum sent the price to the low at the support level of $4.0 on October 13. The buyers reacted against the sudden fallen in price of Cardano: this is noticed on the daily chart with the formation of long tailed pin bar at $4.1 support level. The price increases further with the formation of more bullish candles. The price has broken up the resistance leve...

Join Our Telegram channel to stay up to date on breaking news coverage Maker retest $1155 level MKRUSD Price Analysis – October 19 Further increase in bulls’ momentum may increase Maker to $1155, $1223 and $1300 resistance levels. When the bears increase their momentum price may decrease to $1064, $977 and $926 support levels. MKR/USD Market Key levels: Resistance levels: $1155, $1223, $1300 Support levels: $1064, $977, $926   MKRUSD Long-term trend: Bullish MKRUSD is bullish on the long-term outlook. The coin found support at the support level of $591 on 21 September. The following day, a bullish engulfing candle emerged and price increases to the high of $1155 level. The just mentioned level was tested on October 09. It pulled back to retest the support level of $877. The price bounced up to retest the previous high at $1155 resistance level. Buyers maintain their position by placed the coin above the two dynamic resistance levels. The trading of Mak...