BNB monthly chart signals a third accumulation zone as price trades near $649 after pulling back from $690 resistance. BNB traded near $649.48 as traders reviewed a monthly chart setup described as a third major accumulation zone. The view came as BNB pulled back from recent resistance, while long-term targets remained part of the technical […]
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Dogecoin started a fresh decline below the $0.1080 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.1065 and $0.1075. DOGE price started a fresh decline below the $0.1080 level. The price is trading below the $0.1075 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.1075 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.1075 and $0.110. Dogecoin Price Dips Further Dogecoin price started a fresh decline after it closed below $0.110, like Bitcoin and Ethereum. DOGE declined below the $0.1080 and $0.1050 support levels. The price even dipped toward the $0.1020 level. A low was formed near $0.1025, and the price is now showing bearish signs well below the 23.6% Fib retracement level of the downward move from the $0.1127 swing high to the $0.1025 low. Dogecoin price is now trading below the $0.1065 level and the 100-hourly
Bitcoin (BTC) sits at a technical crossroads after losing a crucial support level, leading some market observers to suggest that this week’s price will be decisive for whether the flagship crypto can reclaim upside momentum or extend its recent losses. Related Reading: Trillion-Dollar Italian Bank Moves To XRP, But How Much Have They Bought? Bitcoin 21W EMA Retest To Be Decisive After closing the week at around $77,450, Bitcoin started the new week falling to a new local low of $76,050. The cryptocurrency had been trading between $76,300 and $82,500 throughout its May rally, failing to break out of the crucial resistance despite multiple attempts. In a Monday analysis, market observer Rekt Capital noted that Sunday’s drop saw BTC close below the key 21-Week Exponential Moving Average (EMA), around the $78,000 area, after successfully retesting this level as support for multiple consecutive weeks. The analyst explained that this performance “shows how lackluster the buy-side strength ha
ADA faces downside risk after rejection at channel resistance, with support near $0.22 and price trading around $0.25. Cardano traded near $0.2500 after a 1.61% daily decline on the Capital.com chart. The move came as ADA remained under pressure after rejection at the upper trendline of a descending channel. ADA Rejected At Channel Resistance Cardano […]
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A clear glossary explainer of a raid in crypto: definition, mechanics, example, risks for traders, and related terms.
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Learn what a Community Takeover Cto is, how it works, real examples, risks for traders and investors, and related governance terms.
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A concise explainer of trenches in crypto markets, how they work, examples, risks, and why traders should care.
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Concise explanation of Newborn Nine, a market term for a cohort of nine newly issued tokens. Learn how they form, risks, and strategies.
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Understand the Liquidation Sensitivity Index LSI, how it works, and why traders use it to anticipate liquidation cascades and manage risk.
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