Solana (SOL) Attempts To Break Out Above $2.50 Resistance

Technical indicators and the wave count support the possibility of a breakout that could eventually lead Solana to a high near $5.   Solana Bounces Above Support The SOL price has been decreasing since Sept.

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DASH Breaks Out but Struggles to Sustain Rally

While DASH has bounced at a crucial support area, it has yet to confirm a bullish trend. Long-Term Breakout DASH had been following a descending resistance line since Jun. 2018, when it was trading at $225.

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ETC Makes Fifth Attempt to Break Out Above $7.40

Both technical indicators and the wave count support the possibility of a  breakout, which would take ETC to at least $9. 30. Long-Term Resistance ETC has been trading below the $7. 40 resistance area since the rapid decline in March.

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TRON (TRX) Moves in on Massive Two-Year Resistance Line

TRON is expected to gradually increase and make another breakout attempt above this level.   Long-Term TRON Resistance TRX has been trading below the $0. 043 resistance area since June 2018. The area is the 0.

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NEO Bounces Above Support, Could Make Another Breakout Attempt

Despite this, the NEO/BTC chart remains in bearish price discovery, giving no bullish reversal signs. Long-Term Resistance NEO has been trading below the $23 resistance area since it initially broke down in Oct 2018.

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Band Protocol (BAND) Gears Up for Sixth Breakout Attempt

However, the price movement and readings from indicators are bullish, suggesting that Band Protocol will be successful in breaking out.   Band Protocol Fails to Move Above Resistance BAND has been facing resistance from the $7.

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Algorand (ALGO) Moves Above Resistance, But Is the Trend Bullish?

Despite the breakout, it’s still possible that the movement is corrective and could cause Algorand to decrease in the near future.   Algorand Breaks Out Above Resistance Since the beginning of September, ALGO has been trading below the $0.

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UNI’s Breakout Could Take the Price Above $7

While a short-term decline could occur, UNI is likely to resume its upward movement afterward. Breakout Leads to Rally The UNI price had been struggling to move above the $4. 20 resistance area since Nov.

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Bitcoin Rockets Past $30,000 as Bulls Target Key Level; What Analysts are Saying

Bitcoin is in the process of rocketing up towards $32,000, with the cryptocurrency showing some immense signs of strength as bulls target it seeing further upside The overnight breakout rally that allowed it to see this explosive move higher came as a shock, with the resistance at $30,000 being sliced through with ease The strength of this movement does bode well for bulls, as it indicates that significantly further upside could be imminent in the […]

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Polkadot (DOT) Reaches New All-Time High — Will the DeFi Index Follow Suit?

Polkadot has flipped the previous all-time high resistance area to support and is expected to continue increasing as long as it’s trading above it.   Polkadot Breakout Leads to New Highs DOT had been following a descending resistance line since reaching $6.

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BAL’s Breakout Could Pave the Way for Higher Prices

The breakout from the former is significant, and when coupled with the bullish readings from technical indicators, it suggests that an upward move is likely. Long-Term Levels The daily chart shows that BAL had been following a descending resistance line since Sept.

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Ethereum, IOTA, Dash Price Analysis: 26 December

While Ethereum did move to the upside of the $615-zone, there was no breakout yet for ETH as $637 posed dogged resistance. On the contrary, IOTA traded within a range that extended from $0. 288 to $0.

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Bitcoin Readies for Another Attempt at Making New Highs

Bitcoin is expected to break out from the current resistance and reach a new all-time high in the process.   Possible Bitcoin Breakout On Dec. 25, the BTC price continued its consolidation just below the $23,950 resistance area, creating a bullish candlestick.

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BTCD Reaches Its Highest Levels Since 2019

While the long-term trend seems bullish, a short-term rejection and correction is likely once BTCD reaches this resistance area. Long-Term Breakout During the week of Dec. 14 – 21, BTCD broke out from a descending resistance line that had previously been in place since Aug.

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DOGE Breaks Out and Targets $0.0055

DOGE should continue increasing and break out from the resistance area outlined in the article. Similarly, DOGE/BTC has reached a crucial long-term support area from which a bounce is likely. Breakout and Retest The weekly chart shows that DOGE has been moving upwards since March.

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Monero (XMR) Falls Back but Holds on Above Crucial Support

However, the decrease only served to validate the breakout level and Monero is expected to move upwards once more.   Monero Long-Term Movement The weekly chart shows that XMR is trading between major support and resistance levels of $133-$166, created by the 0.

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Litecoin (LTC) Finally Breaks Out Above Long-Term Resistance

Both the LTC/USD and LTC/BTC pairs should continue moving upwards towards the targets given below. Breakout From Long-Term Resistance The weekly chart shows that LTC has finally moved above the $85 resistance area, something it has struggled to do since July 2019.

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TomoChain (TOMO) Breaks Out but Fails to Maintain Higher Prices

While TOMO is expected to continue increasing, a retracement could occur prior to the resumption of the upward move.   TOMO Breakout Doesn’t Last Long  TOMO had been following a descending resistance line since Aug.

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What Does BTCD Say About Another Altseason?

Technical indicators are bullish and support the possibility of a breakout. BTCD’s Long-Term Resistance BTCD is currently trading above a long-term resistance line that has been in place since Sept 2019.

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BCH’s Attempted Breakout Could Lead to a Push Above $400

BCH should successfully break out and begin moving towards the resistance levels outlined in this article. Long-Term Resistance The weekly chart shows that the price has been moving upwards since March.

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Bitcoin Smashes Through $20,000 — What’s Next?

This is likely the fifth wave in a bullish impulse which is expected to take Bitcoin to higher targets.   Bitcoin Breakout Leads To All-Time High Yesterday, the BTC price broke out and has now moved considerably above the $19,450 resistance area.

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Bitcoin Continues Wrestling with Stubborn $19,450 Resistance

While long-term indicators are bullish, lower time-frames have begun to show weakness, suggesting that a short-term drop could occur before Bitcoin moves upwards and breaks out.   Bitcoin Attempts Breakout On Dec.

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COMP Finds Footing and Attempts Upward Continuation

Breakout Leads to Rejection The COMP price has been increasing since it reached an all-time low of $80. 62 on Nov. 3. On Dec. 5, COMP broke out above the previous resistance at $130, validated it as support, and has been moving upwards since.

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Ethereum’s Fundamental Strength is Growing as Key Metric Points to Upside

Ethereum and the entire crypto market are currently consolidating following yesterday’s breakout rally This rally came about following Bitcoin move to its $19,400 resistance, which is a level that it has yet to surmount decisively Until BTC can break above this level, the rest of the crypto market will likely struggle to gain any immense momentum One analytics firm is now noting that Ethereum’s mid-term trend may be boosted by growing underlying strength They note […]

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YFI & YFII Might Be Gearing up for Another Breakout

The DFI.Money (YFII) price is consolidating inside a symmetrical triangle, from which a breakout is likely. YFI Gets Rejected On Dec.2, the YFI price reached a high of $31,781. It was the second time over the past two weeks that it had reached a high above $30,000, which is an important resistance area created by … Continued The post YFI & YFII Might Be Gearing up for Another Breakout appeared first on BeInCrypto.

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Cardano (ADA) Breakout Could Mean New Yearly Highs on the Horizon

As long as Cardano is trading inside this bullish structure, it is expected to break out and eventually be successful in finally moving above this resistance zone.   Long-Term Cardano Levels The ADA price has been increasing since March.

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Charted: Litecoin Bullish Breakout Suggests Larger Rally To $90

Litecoin price is up over 5% and it broke the main $80. 00 resistance against the US Dollar. LTC is showing positive signs and it could continue to rally towards $90. 00 or $95. 00. Litecoin started a strong increase above the $74.

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RSR Risks Breaking Below Long-Term Support Level

  Re-Testing the breakout level The RSR price has been increasing since a low of $0. 0075 was reached on Oct 7. Initially, the $0. 0175 area acted as resistance. RSR managed to break out on Nov.

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Band Protocol (BAND) Stuck Undecided Between Support and Resistance

While BAND is expected to be successful in reaching upper resistance levels, a short-term drop could occur prior to the breakout.   Band Protocol Breakout Analysis The BAND price has been moving upwards alongside an ascending support line since reaching a low of $3.

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Ethereum Classic (ETC) Creates Double Bottom on Resistance Turned Support

Due to the creation of a bullish pattern and breakout from a short-term descending resistance line, Ethereum Classic is expected to move upwards toward resistance levels. ETC Long-Term Range The ETC price has been trading inside a range between $4.

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TOMO Fails to Break Out Again, What’s Next?

Technical indicators are bearish, suggesting that another drop towards the support area outlined below is likely before the price makes another breakout attempt. TOMO Attempts to Break Out TOMO has been following a descending resistance line since it reached a high of $1.

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Compound Finance (COMP) Rallies After Breakout from Long-Term Resistance

While short-term decreases could occur, COMP is expected to eventually resume its upward movement to target resistances. COMP Breakout Leads to Pump The COMP price has been increasing since it reached an all-time low of $80.

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XRP’s Next Breakout Could Take It Above $1

XRP should break out from this triangle and increase towards the resistance levels given below. Consolidation After High The XRP price has been moving downwards since reaching a high of $0. 79 on Nov.

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SXP Consolidates in Anticipation of Breakout

The consolidation should come to an end soon with SXP beginning another upward movement towards the resistance areas outlined below. Breakout From Long-Term Resistance The SXP price has been increasing since it reached a low of $0.

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Bitcoin Short-Term Breakout Has It Aiming for $20,000 Again

At the time of press, Bitcoin was making another attempt at moving above the level after breaking out from a short-term pattern.   Bitcoin Deviates Above Resistance The BTC price has been facing resistance from $19,400 since it was rejected by the level on Nov.

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TA: Ethereum Approaches Key Breakout, Why $600 Holds The Key

Ethereum found support above $580 and corrected higher against the US Dollar. ETH price is facing a strong resistance near the $600 and $602 levels. Ethereum started a decent recovery wave above the $585 and $590 levels.

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SUSHI Breaks Out and Sets Its Sights on $3

The breakout from the parallel channel suggests that SUSHI is likely in an impulsive move and will move higher towards the resistance levels outlined below. November Increase The SUSHI price has been moving upwards since it reached an all-time low of $0.

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TA: Bitcoin Bulls Keeps Pushing, Why $18.8K is a Key Breakout Zone

Bitcoin price is up over 4% and it broke the $18,500 level against the US Dollar. BTC is currently following a nice bullish path, but the $18,800 level is a strong resistance. Bitcoin is slowly rising and it broke the key $18,500 resistance.

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NANO Rejected but Could Attempt Another Breakout Soon

Despite the sharp drop, the price already found support and is expected to soon create a higher low and begin moving towards the resistance levels outlined in the article. Long-Term Breakout The NANO price followed a descending resistance line from May 2019 until recently.

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Zilliqa breakout fades as price dumps 20%

The ZIL/USD and ZIL/BTC pairs are both precariously placed within long term resistance zones…

The post Zilliqa breakout fades as price dumps 20% appeared first on Coin Journal.

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EOS Bounces and Aims for a November Breakout

While a short-term retracement could occur, EOS should eventually break out above this resistance area. EOS Approaches Resistance The EOS price has been increasing rapidly since reaching a low of $2.

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ADA Breaks Out and Touches New Yearly High

Long-Term Breakout The ADA price broke out from the $0. 10 resistance area at the beginning of July. The price returned to validate this level as support. After a period of consolidation, ADA created a massive bullish candlestick during the week of Nov 15-22, increasing by 45%.

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Charted: Ripple (XRP) Weekly Chart Suggests Massive Breakout To $0.75

Ripple surged over 40% and it even broke the $0. 4500 resistance against the US Dollar. XRP price weekly chart suggests high chances of more upsides towards $0. 6000 and $0. 7500. Ripple started a strong surge after it broke the $0.

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LINK Continues Its Climb With Another Breakout

  The Upward Move Continues The LINK price has been moving upwards since it broke out from a descending resistance line on Oct 5. The increase has been gradual. The price just broke out from the $13.

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DOGE Finally Breaks Out From Long-Term Pattern

The Dogecoin (DOGE) price has broken out from a bullish pattern that had been in place since July. It will likely continue rallying towards the resistance areas outlined below. Breakout From Long-Term Pattern The DOGE price has been moving downwards since a rapid rise took it to $0.

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SUSHI Leads the Way In DeFi Index Breakout

Since Nov 6, the SushiSwap (SUSHI) price has increased by a massive 175% but has failed to reach a close above an important resistance level. After a short-term retracement, the price is expected to eventually be successful in moving above this area.

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ADA Approaches Downtrend Line – Will It Break Out?

The Cardano (ADA) price has been increasing since Sept 24 and has reached an important resistance line, which has been in place since the July highs. While a short-term breakout above the current resistance line appears likely, the longer-term trend still looks bearish.

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Bitcoin is Trading at a Massive Premium on the CME; What This Could Mean

Bitcoin’s price is now trading firmly above $16,000. This marks a notable technical breakout that could indicate significantly further upside is imminent in the near-term. This level has long been holding strong as resistance, with the selling pressure here catalyzing multiple potent rejections throughout the past few days and weeks. If buyers can flip this […]

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AAVE Breaks Out from Three-Month Resistance Line

The Aave (AAVE) price has broken out from a descending resistance line that’s been in place since hitting a high on Aug 26. Despite the breakout, the price was rejected by an important Fib resistance level and is expected to decrease in the short-term.

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