Cardano Price Analysis & Prediction (Mar 15th) – ADA Finds Support on This Crucial Trendline, But Can it Produce a Solid Rebound?

Cardano appears to have found support on a crucial trendline after past weeks of drops. It must reiterate the latest positive actions for the next few days to signal a bullish reversal. After a three-week decline, Cardano finally retested the eight-month descending trendline that got flipped in January. It found support above it and bounced […]

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Ethereum vs. Bitcoin: ETH price risks 20% drop if key support level breaks

ETH’s price has repeatedly failed to break above key trendline resistance, and now Ethereum risks losing strong technical support as well.

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Quant Explains How This Nasdaq Support Retest Could Also Help Reverse Bitcoin

A quant has explained why the recent retest of a critical support level by Nasdaq may help Bitcoin reverse its own trend. Nasdaq-100 Has Recently Retested A Critical Support Trendline As pointed out by an analyst in a CryptoQuant post, Nasdaq-100 is currently above a support line that has historically been important.

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How bullish is RavenCoin after the Binance news?

RavenCoin recovered slightly after Binance Pool support The cryptocurrency trades in a descending trendline RVN could fall further, although technical indicators have slightly improved Ravencoin (RVN/USD) traded at $0.

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Bitcoin Reclaims $19,500 As Dollars Plummets, Will BTC See More Upside?

Bitcoin has displayed some strength during today’s trading session after re-visiting the bottom of an important trendline. The benchmark crypto has been trading in a tight range, between $18,600 and $19,500, but the monthly close might support a spike in volatility as bulls and bears fight for this candle.

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Bitcoin Reclaims $19,500 As Dollar Plummets, Will BTC See More Upside?

Bitcoin has displayed some strength during today’s trading session after re-visiting the bottom of an important trendline. The benchmark crypto has been trading in a tight range, between $18,600 and $19,500, but the monthly close might support a spike in volatility as bulls and bears fight for this candle.

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PancakeSwap [CAKE]: All you need to know before going long

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The recent recovery from the two-month trendline support (whiThe post PancakeSwap [CAKE]: All you need to know before going long appeared first on AMBCrypto.

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Ethereum ETH Back On Track Race, Will ETH Reclaim $2,000 again?

Ethereum ETH price regained its bullish trend against Tether (USDT) as it builds more strength to break above the key resistance ahead of “The Merge. ” ETH price saw a rejection to a region of $1,500 recently as it could not hold its bullish trendline acting as support.

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Dogecoin traders can leverage this support level to remain profitable

In its previous bull run, Dogecoin's [DOGE] breakout paved a path above its nine-month trendline support (white, dashed). This revival aided the meme-coin in accelerating growth above its 20/50/200 EMThe post Dogecoin traders can leverage this support level to remain profitable appeared first on AMBCrypto.

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Avalanche [AVAX] bulls can steer through this bearish breakout

The liquidations from Avalanche's [AVAX] previous symmetrical triangle pulled the alt below its eight-month trendline support (previous resistance). But the market-wide growth aided the bulls in fiThe post Avalanche [AVAX] bulls can steer through this bearish breakout appeared first on AMBCrypto.

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BTC price battles 200-week moving average after $930M Tesla Bitcoin sale

A key trendline which the Bitcoin price passed for the first time in over a month is currently seeing its first retest as support.

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Polygon soars 70% following development updates, Disney accelerator

Since June 18, Polygon (MATIC) has been rising along a support trendline.

The post Polygon soars 70% following development updates, Disney accelerator appeared first on CryptoSlate.

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Ethereum (ETH) Continues To Lose Luster, Drops Below $1,100 Support

Ethereum (ETH) emerged as the best-performing cryptocurrency last week, with a 10 percent increase. Moreover, it was stated that the recently constructed ascending trendline for the cryptocurrency should boost ETH higher if market conditions were truly optimistic.

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Ethereum Classic: Gauging ETC's potential to reclaim a spot above $15

Ethereum Classic [ETC] saw incremental gains after rebounding from its 15-month support near the $12-mark. But the three-month trendline resistance (yellow, dashed) has kept the buying efforts under aThe post Ethereum Classic: Gauging ETC's potential to reclaim a spot above $15 appeared first on AMBCrypto.

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MATIC's retest of trendline support will give way to shorting opportunity at...

MATIC’s recent bearish pull below the 40 EMA posed revival barriers for the buyers. While the altcoin enters into a high volatility phase, the existing structure exhibited an outlook that was more tThe post MATIC's retest of trendline support will give way to shorting opportunity at... appeared first on AMBCrypto.

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Veteran Analyst Peter Brandt Warns Of Bitcoin Plunging To $28,000 If This Pattern Is Validated

Brandt, who had predicted the pattern a few weeks ago is convinced that it was confirmed with the price falling below the lower trendline support at around $40,000.

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Uniswap: Mapping potential entry triggers for investors

After being in a three-week suppression in a descending channel (white), Uniswap (UNI) bulls did not fail to resurge at the 16-month trendline support (white, dashed). In its endeavor to battle theThe post Uniswap: Mapping potential entry triggers for investors appeared first on AMBCrypto.

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Shiba Inu, Polkadot, Uniswap Price Analysis: 12 April

With the global cryptocurrency market noting a correction of sorts over the last 24 hours, Shiba Inu bears flipped the long-term trendline support to resistance. Similarly, Polkadot displayed a seThe post Shiba Inu, Polkadot, Uniswap Price Analysis: 12 April appeared first on AMBCrypto.

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Is it still a good time to buy SHIB? This is what the technicals point at

The meme token has been on a slump since its ATH last year. Shiba Inu (SHIB) steeply fell while marking its long-term trendline resistance (yellow, now support). (For simplicity, SHIB prices are multiThe post Is it still a good time to buy SHIB? This is what the technicals point at appeared first on AMBCrypto.

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To HODL or not, what do Stellar's charts really say

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice After testing its 20-month trendline support multiple times, tThe post To HODL or not, what do Stellar's charts really say appeared first on AMBCrypto.

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Exploring the long-term bullish and bearish cases for Axie Infinity

As anticipated in the previous article, Axie Infinity (AXS) saw a patterned breakout towards the $54-mark. Now, it entered into a tight phase while forming strong trendline support (yellow) on its daiThe post Exploring the long-term bullish and bearish cases for Axie Infinity appeared first on AMBCrypto.

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Stellar: HODLing on to XLM may be a good idea because...

Since reaching its three-year high last year, Stellar (XLM) tested its long-term trendline support and flipped it to resistance in December 2021. Since then, it found newer lows as the bears took overThe post Stellar: HODLing on to XLM may be a good idea because... appeared first on AMBCrypto.

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SOL traders looking for profit can enter the market at this level

As anticipated in the previous article, Solana (SOL) continued its selling spree in a descending channel towards its five-month support trendline before picking itself up from there. SOL approachedThe post SOL traders looking for profit can enter the market at this level appeared first on AMBCrypto.

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Cardano, LUNA, SAND Price Analysis: 14 February

Cardano broke down from its ascending channel while the buyers stepped in at the $1.02-mark support. Now, the bulls seem to be eyeing a reversal of the 20 EMA. Also, SAND lost its trendline support whThe post Cardano, LUNA, SAND Price Analysis: 14 February appeared first on AMBCrypto.

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LUNA needs to do this after losing its long-term trendline support

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In its previous rally, bulls pierced through multiple price ceThe post LUNA needs to do this after losing its long-term trendline support appeared first on AMBCrypto.

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Ethereum, Dogecoin, VeChain Price Analysis: 17 January

While the 'Extreme fear' sentiment refuses to flip, Dogecoin retraced nearly half of its previous rally and breached its bullish trendline support in the near term. Ethereum and VeChain flashed a lThe post Ethereum, Dogecoin, VeChain Price Analysis: 17 January appeared first on AMBCrypto.

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Bitcoin tests yearly moving average as $100K by Christmas needs 'small miracle'

Bitcoin will now decide whether or not to preserve the one-year trendline as support in what has historically resulted in long-term upside.

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Why Tron is all set for a week of bullish action

Tron is set for a bullish week after its price bounced back from a bottom sloping trendline which functioned as support. After overcoming a near-term hurdle present at the 20-SMA (red), TRX would needThe post Why Tron is all set for a week of bullish action appeared first on AMBCrypto.

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Bitcoin Cash eyes pickup at this near-term support zone

Hit by a 12% drawdown over the last 24 hours, Bitcoin Cash fell prey to a correction in the broader market. On the charts, BCH projected a new low at a bottom sloping trendline due to red flags presenThe post Bitcoin Cash eyes pickup at this near-term support zone appeared first on AMBCrypto.

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Ethereum Drops Below 50-Day-Old Trendline, Following $17 Million Institutional Inflow in Previous Week

Ethereum loses fundamental trend support after dropping by more than $250 overnight, but institutions are still in

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Chainlink: Traders can long within this 'ideal' support zone

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Chainlink's price has moved along an upper sloping trendline sinThe post Chainlink: Traders can long within this 'ideal' support zone appeared first on AMBCrypto.

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Bitcoin Shorts Fall While Institutions Wait In Cash After Basis Trade Evaporates

This weekend, the price of Bitcoin is making its way upwards to $34,500, but this has been on the back of even lower volume than the declining trend, given that it's Saturday. Bloomberg is currently looking at a key trendline that acted as a support for BTC price but is now struggling to break above.

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Cardano (ADA) Death Cross Spells Worries Despite Bullish “Mary” Fork

Cardano (ADA/USD) bounces off a critical support trendline during the Asia-Pacific trading session Friday. The blockchain asset expects to close above key moving average waves on the prospect of turning into a multi-asset chain following its hard fork on March 1.

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Bitcoin Price at $21,000 Possible? This Chart Analyst Thinks Yes

Bitcoin could backtrack its way towards $20,000 in the coming sessions, says a chartist at TradingShot, an independent investment advisory firm. A $21,000 Bitcoin In his Wednesday note, the analyst wrote that the benchmark cryptocurrency anticipates undergoing a strong rebound move after testing a short-term support trendline. The trendline serves as a part of an […]

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Bitcoin Breaks Below Key Bullish Trendline as Analysts Eye Move to $18,400

Bitcoin has been showing some serious signs of strength throughout the past few days and weeks Bulls have been in full control of the cryptocurrency’s price action, but are starting to lose their edge over bears as the crypto drifts lower Where it trends in the mid-term will depend largely on whether or not buyers can defend against a break below $18,600 One trader is pointing to this as the first key support level it […]

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Ethereum Expects to Hit $750 as Price Holds Key Technical Support

Ethereum blockchain native’s token ETH expects to reach $750 in the fourth quarter as it holds above a crucial technical support level. On Monday, the ETH/USD exchange rate attempted to breach a short-term ascending trendline for the tenth time since November 26.

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Bitcoin is Testing a Key Parabolic Trendline as Bears Try to Spark Downside

Bitcoin has been struggling to maintain its immense momentum following the multiple rejections seen at $16,000 It is now consolidating within the lower-$15,000 region, with bulls struggling to hold it above this level as it continues slowly drifting lower It did see a sharp rebound from its overnight lows of $14,800 that were set during yesterday’s selloff, with the support here being significant That being said, the multitude of rejections at $16,000 hasn’t bode well […]

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More Pain for Bitcoin Ahead as Price Breaks “Legacy Trendline,” Says Analyst

Bitcoin (BTC) is at risk of extending its ongoing downside correction as it breaks below a so-called “legacy trendline. ” As spotted by an independent, pseudonymous chart analyst, the said trendline was acting as a support to Bitcoin since March 2020.

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Tezos is “Flirting with Doom” as It Trades Above Critical Support Level

Tezos is currently in a precarious situation, as it is trading just a hair above a crucial trendline that has been supporting its price and guiding its recent mid-term uptrend. This level was briefly broken below earlier today when XTZ faced a massive influx of selling pressure, but buyers have since been able to step […]

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Bitcoin Just Hit a Crucial Trendline; Analysts Expect Imminent Fireworks

Bitcoin and the rest of the crypto market has witnessed some bear-favoring volatility throughout the past few hours This came about following a day of relative stability yesterday, and it appears that Ethereum’s potent decline is creating headwinds for the rest of the market BTC is now trending down near a crucial support level that coincides with a key trendline Analysts believe that a continued bout of trading above this level could be all that […]

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Bitcoin Eyes $14K as US Dollar Breaks Below Classic Support

Bitcoin pressed higher on Wednesday after finding reliable support at $10,500. The upside move appeared as the US dollar index broke below its classic trendline support that originated back in 2011.

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Ethereum Struggles to Flip Crucial Trendline as Analysts Eye Move to $120

Ethereum’s price has been sliding lower over the past several days Despite Bitcoin being able to maintain above the lower boundary of its long-held trading range, ETH is now trading firmly below the range it formed over the past several weeks This points to some underlying weakness amongst its buyers which comes as it nears its crucial $220 support level It also just confirmed a “death cross” formation that hasn’t been seen since March. This […]

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70% Chance Bitcoin Reclaims $11.8K by July 2020; Here’s Why

Bitcoin rallied Friday, reversing a minor portion of its losses incurred during the yesterday’s sell-off. The cryptocurrency retraced upward from a convincing support trendline. It now appears to be trending inside a technical pattern, which has a 70 percent success rate in sending prices higher.

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Tezos’s XTZ Could Hit Historic High against Bitcoin in 2020

Tezos’ native token XTZ is steadily trending upwards against Bitcoin since October 2019. A medium-term ascending trendline is offering strong support to the said uptrend. Favorable fundamentals and technicals could lead XTZ to establish an all-time high in bitcoin-enabled markets.

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Bitcoin on Brink of Serious Downside as Risk of Losing Support Grows

Bitcoin is at risk of seeing further downside as it tests a key descending trendline Some top traders are warning of BTC posting major losses in the coming days and weeks In the time following the tempered signs of weakness Bitcoin showed yesterday when it dipped below its key support at $7,200, the benchmark cryptocurrency has further extended this downtrend as bulls now defending against a dip below $7,000. This weakness has led BTC down […]

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Bitcoin Just Shattered a Key Trendline, Leading Traders to Target $5,000

After an extended bout of sideways trading within the upper-$6,000 region, Bitcoin’s bears finally gained the upper-hand over bulls, leading the benchmark cryptocurrency to plunge to its support within the lower-$6,000 region.

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Bitcoin Long-Term Logarithmic Curve May Indicate a Bottom Is Near

In the long-term logarithmic Bitcoin price chart, it is possible to draw a curved trendline that has acted as a support line since 2011. The recent decrease served to validate this line for the tenth time in BTC history.

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Golden Cross Gives Little Relief as Bitcoin Risks Fall Below 2020 Bullish Trendline

While a long-term price indicator has flipped bullish, bitcoin is struggling to gather upside traction and looks vulnerable near the seven-week rising trendline support.

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Bitcoin will break its multi-year downward trendline if it closes above this key price

Bitcoin (BTC) ended the day on a high note, with the cryptocurrency closing its daily candle above a key support level, eluding to the possibility that it will now begin its ascent to its next critical resistance region.

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