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Luna Classic Price Prediction: LUNC Could Rise to $0.00014915 as It Breaks Bearish Shackles The #Luna Classic price managed to break out above a medium-term negative price channel throughout the weekend, and continues to trade above this bearish zone. As a result, the altcoin printed another higher low, resulting in a continuation of a bullish trend line that has emerged on LUNC’s charts. Should this bullish momentum continue, the crypto could climb towards $0.00014915 in the upcoming couple of days. This bullish thesis may be invalidated if #LUNC drops below the $0.00009990 support in the next 48 hours. In this alternative scenario, the crypto could retest the positive trend line. A break below this level will likely expose the crypto to the risk of falling down to $0.00007930. In an extremely bearish scenario, $LUNC may plummet to as low as $0.00005995 in the short term. Technical indicators on LUNC’s daily chart suggest that the Luna Classic price may continue to rise in the next 48 hours. Both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) indicators are flagging bullish. The MACD line is breaking away above the MACD Signal line, which could indicate that LUNC’s positive trend is growing stronger. In addition to this, the RSI is rising away from its Simple Moving Average (SMA), which may be seen as a signal that buyers are growing stronger against sellers. 

Luna Classic Price Prediction: LUNC Could Rise to $0.00014915 as It Breaks Bearish Shackles

The #Luna Classic price managed to break out above a medium-term negative price channel throughout the weekend, and continues to trade above this bearish zone. As a result, the altcoin printed another higher low, resulting in a continuation of a bullish trend line that has emerged on LUNC’s charts.

Should this bullish momentum continue, the crypto could climb towards $0.00014915 in the upcoming couple of days. This bullish thesis may be invalidated if #LUNC drops below the $0.00009990 support in the next 48 hours. In this alternative scenario, the crypto could retest the positive trend line. A break below this level will likely expose the crypto to the risk of falling down to $0.00007930. In an extremely bearish scenario, $LUNC may plummet to as low as $0.00005995 in the short term.

Technical indicators on LUNC’s daily chart suggest that the Luna Classic price may continue to rise in the next 48 hours. Both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) indicators are flagging bullish.

The MACD line is breaking away above the MACD Signal line, which could indicate that LUNC’s positive trend is growing stronger. In addition to this, the RSI is rising away from its Simple Moving Average (SMA), which may be seen as a signal that buyers are growing stronger against sellers. 

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TRX Crypto Price Faces Downward Pressure as Technical Indicators Lean Bearish In recent trading sessions on the 4-hour chart, the #TRX crypto price has shown subtle movements, with closing figures tapering slightly from $0.12561 to $0.12506. This minor downtrend is coupled with critical technical indicators that suggest a potentially bearish outlook in the short term. The 9 Exponential Moving Average (EMA) and 20 EMA have both decreased gradually, indicating a softening momentum. The most recent readings show the 9 EMA at $0.12562 and the 20 EMA at $0.12585, both of which have been consistently above the closing prices, signaling a bearish crossover scenario. This is further supported by the Moving Average Convergence Divergence (MACD) values, which illustrate a narrowing gap between the MACD line and the signal line, with the histogram values remaining negative across the latest data points. The Relative Strength Index (RSI), which helps gauge the overall market sentiment and the strength of price movements, has hovered below the midpoint of 50 in recent sessions, marking a value of 43.17. This is indicative of a bearish sentiment as it suggests that the selling pressure has been slightly more pronounced than buying momentum. Regarding the support and resistance levels, $TRX faces immediate resistance at $0.1267, with further hurdles at $0.12713 and $0.12738. These levels must be breached with significant buying volume for a shift to a bullish perspective. Conversely, the support levels to watch are $0.12505 and $0.12456, with a crucial psychological and technical support at $0.12208. A break below these could intensify selling pressure, leading to further declines. #write2earn🌐💹 #TrendingInvestments #BullorBear The full analysis and trade strategy were originally posted on ecoinimist.com.
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Ethereum Sees Downward Shift as Technical Analysis Signals Bearish Outlook The cryptocurrency market is never static, and #Ethereum on the 4-hour chart provides a vivid picture of recent fluctuations. Based on the latest technical data, Ethereum has shown a downward trend in its closing prices, moving from $2,950.99 down to $2,890.52 over the last few sessions. Examining the moving averages, the 9 Exponential Moving Average (EMA) has consistently decreased from $2,945.07 to $2,924.60, trailing slightly below the 20 EMA, which shifted from $2,947.17 to $2,935.85. This crossover typically indicates bearish momentum, suggesting that sellers are currently dominating the market. Further supporting this bearish sentiment, the Moving Average Convergence Divergence (MACD) presents a negative outlook with the MACD line dropping below the signal line. Despite a brief positive histogram peak suggesting a potential reversal, the continuous decrease in MACD values (-15.19 compared to -15.21 in signal) reinforces the downward pressure. In terms of market sentiment, the Relative Strength Index (RSI) has progressively declined, moving from 49.12 to a bearish 37.71. This descent below the midline (50) into bearish territory indicates that the asset is potentially oversold, which might attract buyers looking for a bargain, thus introducing possible volatility in the price. Considering these indicators, $ETH faces immediate resistance at $2,965.57 and a more challenging barrier at $2,993.79. Should a bullish reversal occur, these levels will be crucial for determining the strength of the uptrend. Conversely, support levels are established at $2,889.92 and $2,869.71. A break below these could exacerbate the bearish trend, pushing prices lower. #ETH #write2earn🌐💹 #TrendingInvestments #BullorBear The full analysis and trade strategy were originally posted on ecoinimist.com.
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Pepe Coin Gains Momentum as Bullish Indicators Strengthen on 4-Hour Chart In recent trading sessions, the #Pepe coin price has demonstrated an interesting pattern on the 4-hour chart, suggesting potential movement that traders might want to monitor closely. Over the last few sessions, closing prices have shown a modest uptrend. The Exponential Moving Averages (EMAs) are signaling bullish sentiment in the market. The 9 EMA has consistently increased, staying above the 20 EMA, which itself has also risen. This indicates a strong bullish trend, as the shorter EMA remains above the longer EMA. The Moving Average Convergence Divergence (MACD) provides further bullish confirmation. The MACD line has been rising above its signal line, with values increasing from 0.00000034 to 0.00000056. The histogram, which measures the distance between the MACD line and its signal line, has also been positive and growing, indicating increasing bullish momentum. The Relative Strength Index (RSI), a momentum oscillator that measures the speed and change of price movements, has remained above 68 during the period, peaking at 76. This suggests strong buying pressure, although nearing the overbought territory could also signal potential pullbacks. Current trading levels suggest that $PEPE has robust support at $0.00000855, with additional support levels at $0.00000838 and $0.00000832. These levels could serve as critical junctures for traders, providing potential buy-in points if the price were to retrace. #Memecoins #write2earn🌐💹 #BullorBear #TrendingInvestments The full analysis and trade strategy was originally posted on ecoinimist.com.
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Dogecoin's Dramatic Surge: Is Now the Time to Buy Before the Next Big Jump? As #Dogecoin experiences fluctuations in the crypto market, analysis on the 4-hour chart reveals intriguing dynamics that traders might want to consider. Over recent sessions, DOGE's price has exhibited notable movements, ascending from a low of $0.13742 to a peak of $0.15442. The closing prices showed a steady uptick, with the latest closing at $0.15442. Concurrently, the 9 Exponential Moving Average (EMA) has been tracking upwards, moving from $0.14159 to $0.14621, suggesting a strengthening short-term trend. The 20 EMA confirms this bullish sentiment, gradually increasing from $0.14386 to $0.14547. The crossover of the 9 EMA above the 20 EMA typically indicates a bullish signal, potentially ushering in further gains. The Moving Average Convergence Divergence (MACD) also provides a bullish signal, with the MACD line recently crossing above the signal line, as evidenced by positive histogram values that grew from -0.00037 to 0.00139. This trend suggests increasing upward momentum. The Relative Strength Index (RSI) supports this optimistic outlook, having risen from 33.67 to 63.78, moving from the oversold territory into a more bullish range. Currently, $DOGE is testing a significant resistance level at $0.15464. A successful breach above this level could pave the way towards the next resistance levels at $0.1612 and $0.16324. On the downside, support levels are clearly marked at $0.15228, $0.1511, and $0.14999. Traders might consider these as potential zones for placing stop-loss orders or preparing for entry points in anticipation of price pullbacks. #Memecoins #write2earn🌐💹 #TrendingPredictions
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