During the month of February, the Shiba Inu coin experienced a consolidation period, during which a descending triangle pattern emerged. The price plummeted all the way down to a 0.786 Fibonacci retracement level. 

#ShibaINU (SHIB) has experienced a significant drop of over 10.00%, leading to a test below the $0.00001000 support level. While there may be a potential for a corrective increase, it is important to note that any upward movement may be restricted above the $0.000012000 threshold. 

The price of SHIB has encountered a significant obstacle in its upward trajectory, as it failed to surpass the resistance zone of $0.000012000. This has led to a surge in selling interest, causing a decline below the crucial support zone of $0.000010800.

The value of SHIB has plummeted by over 10%, resulting in a sharp decline towards the $0.000010000 support level. In fact, the price even dipped below this critical support zone, creating a new monthly low of approximately $0.000009648. Currently, the price is consolidating its losses and hovering around the $0.000009950 level. It's worth noting that SHIB is now trading below $0.000010000 and the 21 hourly simple moving average.

According to #priceanalysis , On the upside, there is an immediate hurdle at the $0.000010200 level. The first major hurdle lies near $0.000010600, which, if broken, could potentially spark an upward surge in the price. If the token sustains above $0.000010600, the price could reach as high as $0.000011200. Further advances could then propel the price to the $0.000011800 barrier.

If SHIBA fails to break above the $0.000010200 barrier, it may continue to decline. On the downside, the major support level is at $0.000009600. If the price falls below $0.000009600, selling pressure could intensify, potentially pushing SHIBA towards the $0.000009200 support zone in the near term. In the aforementioned scenario, the price of Shiba may fall in the short future towards the $0.000008500-$0.000008000 support zone.

KEY LEVELS :

RESISTANCE LEVEL : $0.000010200-$0.000010600

SUPPORT LEVEL : $0.000009500-$0.000009200

#coingabbar

Disclaimer: #crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

The rising FUD in the crypto market has resulted in the formation of a megaphone pattern for ETH. On March 11th, ETH rallied from a tightly packed support zone that contained technical levels such as the 0.5 Fibo retracement level, a support trendline, and a $1420 horizontal level. This rebound was achieved through the use of a morning star candle pattern.

#Ethereum has surged by over 8% and has successfully broken through the $1,600 resistance level against the US Dollar. This is a significant milestone for ETH, and if it manages to maintain its position above the $1,580 support zone, it could continue to rise further. 

The ETH/USD pair has made significant progress in recent trading sessions. It has broken through key resistance levels of $1,500 and $1,565, indicating a clear upward trend. Additionally, the pair has surpassed a crucial bearish trend line with resistance near $1,480 on the hourly chart, further solidifying its bullish momentum. Finally, the pair has reached a high of $1,622 after surpassing the $1,600 resistance level.

The current trading price of Ethereum has surpassed $1,530 and is currently above the 21-hourly simple moving average. The cryptocurrency is consolidating its gains and trading above the 23.6% Fibonacci retracement level, which is based on the upward movement from the $1,368 swing low to the $1,622 high. 

According to #priceanalysis , ETH is encountering some resistance around the $1,630 mark, which could be a good sign for investors. However, there are still a few significant hurdles to overcome before we can expect a significant uptick in value. The first major obstacle is at the $1,680 level, followed by another at $1,700. The most significant resistance point remains at $1,740. 

ETH is currently facing a crucial resistance near 1,630 level to continue its upward trend. However, if it fails to do so, a downside correction may be in store. Should Ethereum experience a dip, an initial support level can be found at $1,580. If this level is breached, the next major support zone is at $1,560. A break below this level could result in a drop towards $1,500, which is near the 50% Fib retracement level of the upward move from the $1,370 swing low to $1,636 high. Any further losses could lead to a test of the $1,430 level.

KEY LEVELS :

RESISTANCE LEVEL : $1,630-$1,680

SUPPORT LEVEL : $1,560-$1,500

#coingabbar

Disclaimer: #crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. However, it's crucial to do your own research #dyor and assess the risks involved before investing in any market.

On February 18th, #Polygon experienced a sharp correction from $1.57, ultimately reaching the 200-day SMA ($0.94) on March 10th. However, the bullish candle on the day's candlestick indicates that the bulls are fiercely defending this level.

The bulls will attempt to push the price up to the 21-day EMA ($1.13), where the bears are likely to put up a strong fight. If the price falls below this level, it indicates that sentiment still is negative and traders are selling on rallies.

On March 10th, the price of Polygon coin experienced a significant rebound, thanks to the combined support of $0.943 and 0.786 Fibonacci retracement level. This bullish reversal has resulted in an impressive 18% surge in the coin's price over the last four days, with the current trading price standing at $1.11.

The Polygon coin price experienced a significant decline following a V-top reversal from its peak of $1.53. This reversal indicated a clear downward trend, which has persisted over the past three weeks, resulting in a staggering 40% drop in the coin's value. As a result, the coin has now plummeted to the 0.786 Fibonacci retracement level.

The MATIC/USD pair has made significant progress in recent trading sessions. It has broken through key resistance levels of $1.050 and $1.10, indicating a clear upward trend. Finally, the pair has reached a high of $1.184 after surpassing the $1.17 resistance level. The current trading price of Polygon has surpassed $1.09 and is currently above the 50-hourly simple moving average

Accordign to #priceanalysis , MATIC is facing a major hurdle at the $1.13 level. However, the first significant resistance is beginning to emerge near the $1.18 zone. If the price manages to break above this resistance level, it could potentially trigger another strong increase. In such a scenario, the price may steadily climb towards the $1.26 level or even reach $1.30.

In the event that the price of MATIC fails to surpass the resistance levels at $1.18, it may continue to decline. At present, there is an immediate support level at $1.10, with the main support level at $1.08. If the price falls below the $1.07 level, it could trigger a new decline towards $1.00. It is worth noting that the next significant support level is at $0.945.

KEY LEVELS :

RESISTANCE LEVEL : $1.15-$1.20

SUPPORT LEVEL : $1.07-$1.04

#coingabbar

Disclaimer: #crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. However, it's crucial to do your own research #dyor and assess the risks involved before investing in any market.

#Ripple is currently facing a significant challenge as it struggles to surpass the $0.3850 mark against the US Dollar, much like Bitcoin. To avoid further declines in the near future, the XRP price must remain above $0.3500.

Unfortunately, in the past week, the Ripple price experienced a bearish reaction from the $0.4000 zone against the US Dollar. As a result, the XRP/USD pair fell below the $0.3850 support zone, pushing it into a bearish zone.

Recently, there has been a significant drop in price, causing it to fall below $0.3800. In fact, it even plummeted below the $0.3550 mark, reaching a low of $0.3473. However, the market is now in the process of correcting these losses and has risen above the $0.355 level. This correction was aided by a move above the 23.6% Fib retracement level, which measures the downward move from the $0.4018 swing high to the $0.3473 low. Despite this upward trend, the price is still trading below $0.3700 and the 100-hour simple moving average. 

Accordign to #priceanalysis ,XRP/USD is currently encountering resistance at the $0.3750 level. Additionally, a significant bearish trend line is forming with resistance at the same level on the 4-hour chart. The primary resistance level to watch out for is at the $0.3840 mark. If the price manages to break through both the $0.3800 and $0.3840 resistance zones, it could potentially trigger a fresh increase in value. In this scenario, the price may even surpass the $0.4020 resistance level, leading to further gains and potentially reaching the $0.4250 resistance level. 

If XRP fails to cross the $0.3750 resistance, then initial support level near $0.3550, followed by a significant support level near $0.3470, which is also the last swing low. If the price continues to decline, it may reach the $0.3350 level, and if it falls below that, it could even test the $0.3200 level. It is important to keep an eye on these support levels as they may indicate a potential trend reversal or continuation.

KEY LEVELS :

RESISTANCE LEVEL : $0.3660-$0.3770

SUPPORT LEVEL : $0.3470-$0.3400

#coingabbar

Disclaimer: #crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. However, it's crucial to do your own research #dyor and assess the risks involved before investing in any market.

The price of XRP is gradually increasing and approaching the upper resistance of the symmetrical triangle. In recent times, XRP has demonstrated remarkable resilience by maintaining its position above the lower support levels.

#Ripple is currently experiencing an upward trend, surpassing the $0.3850 resistance zone against the US Dollar. The XRP price is now poised to break through the $0.400 resistance zone. Last week, Ripple's XRP tested the crucial $0.3600 support zone against the US Dollar. Fortunately, the price remained stable above the $0.3600 zone and has since started a new upward trend.

The coin has made a significant breakthrough, surpassing the resistance zone of $0.3750. The price has impressively climbed above the 50% Fibonacci retracement level, which measures the upward movement from the $0.4090 swing high to the $0.3590 low. Currently, the price is trading above $0.385 and the 50-hour simple moving average, setting it apart from #bitcoin and #Ethereum

According to #priceanalysis , there is an initial resistance near the $0.3980 zone. Beyond that, the next key resistance level is located near $0.480. If the price manages to break above the $0.408 resistance, it could potentially move towards the $0.422 resistance. Further gains could then push the price towards the $0.450 level.

If Ripple fails to break through the $0.400 resistance zone, it may trigger a downward correction. The first level of support on the downside is located around the $0.385 mark, followed by a more significant support level at $0.370. Should the price drop below this level and close below it, the XRP price could experience further losses. In such a scenario, the price could even fall below the $0.360 support level and retest the $0.340 support level.

KEY LEVELS :

RESISTANCE LEVEL : $0.4050-$0.4200

SUPPORT LEVEL : $0.3850-$0.3700

#coingabbar

ADA has experienced a significant surge, breaking beyond the descending parallel channel. This token is expected to maintain its upward momentum, potentially reaching highs above $0.360 at $0.370. It is worth noting that the 200-day MA levels are located at this point.

#Cardano has recently experienced a surge, surpassing the $0.330 resistance level. If it manages to break through the $0.350 resistance zone, ADA could continue to rise. Following a period of steady decline, Cardano's price found support near the $0.295 zone, hitting a low of $0.2976 before beginning a promising upward trend.

The crypto market has witnessed a significant surge in the price of a particular asset. The bulls have successfully pushed the price above the crucial resistance levels of $0.315 and $0.320, indicating a clear upward trend. Furthermore, the price has surpassed the 23.36% Fib retracement level, which is a positive sign for investors. This level is calculated from the main drop, which occurred between the $0.4213 swing high and the $0.2976 low. Currently, the Cardano price has exceeded the $0.330 resistance level and is aiming to reach beyond $0.350 by the end of the week.

The price of ADA has risen above $0.323 and the 21-day simple moving average, signalling a bullish trend. Today, the price has risen nearly 11%, indicating bullish signals comparable with Bitcoin and Ethereum.

Accordign to #priceanalysis , There is an immediate resistance at the $0.345 zone. Beyond that, the next major resistance is forming near the $0.357 zone, which is close to the 50% Fib retracement level of the main drop from the $0.4213 swing high to $0.2976 low. If the price manages to break above these resistance levels, it could potentially start a strong increase, with the price rising steadily towards the $0.400 level. It's worth noting that there may be an intermediate resistance at $0.420.

If Cardano's price fails to surpass the resistance levels of $0.348 and $0.350, it may initiate a new downward trend. In such a scenario, the immediate support level would be around $0.330, followed by a significant support level at $0.320. If the price falls below this level, it could lead to a further decline towards $0.300. The next major support level is at $0.288.

KEY LEVELS :

RESISTANCE LEVEL : $0.3450-$0.3550

SUPPORT LEVEL : $0.3270-$0.3200

#coingabbar

Disclaimer: #crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. However, it's crucial to do your own research #dyor and assess the risks involved before investing in any market.

The #solana coin has experienced a chainsaw movement during the last two months, forming the basic structure of the range-bound movement. The consolidation phase is restricted to the $27 and $20 levels, indicating the range's main barrier.

On March 8th, the price of Solana coin experienced a significant drop below the psychological support level of $20.00. This sudden decline unleashed a bearish momentum that had been building up within the market range. As a result, buyers faced additional resistance in their efforts to gain control of the trend, putting pressure on sellers to make a move. 

After reaching the breakdown point, the value of Solana plummeted by 12%, ultimately landing at the combined support zone of the 0.50 Fibonacci retracement level and $17.5.

Solana's price has dropped significantly from its previous high of more than $23.50. The bears gained control and drove the price below the critical support level of $22.00, triggering a bearish trend similar to Bitcoin and Ethereum.

The price even plummeted below the $20.00 support zone and heavy selling seen in solana and then breached the $17.50 support levels the price dropped and a low was formed near $16.00. Currently, the price is trading near $17.50 and the 50-hour simple moving average.

As per #priceanalysis , Firstly, there is immediate resistance at $18.20, which might prove to be a significant obstacle for traders to overcome. After this, the next major resistance is around $19.00. The most important resistance zone, however, is located at $20.00. If the price manages to break over this level, it may potentially hit $21.00, with further gains pushing it towards $21.80.

If SOL fails to break over the $19.00 resistance, it may fall further. On the downside, the initial support is at the $16.70 level, with the first significant support near the $16.00 level. After that, the next significant support level is at $15.00. If the price falls below the $13.00 level, it may challenge the next important support level at $12.00.

KEY LEVELS :

RESISTANCE LEVEL : $18.50-$20.00

SUPPORT LEVEL : $16.50-$15.00

#crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. However, it's crucial to do your own research #dyor and assess the risks involved before investing in any market.

The price of #bitcoin is soaring as the Biden Administration races to prevent the collapse of Silicon Valley Bank from triggering a mass exodus at regional banks across the U.S.

The price of Bitcoin has experienced a significant surge of over 9.10%, successfully surpassing the $22,000 resistance level. However, in order to maintain this upward momentum in the short term, BTC must exceed the $22,800 mark. 

The price of Bitcoin has recently found a robust support level around the $19,500 mark. Following this, BTC has formed a solid foundation and has begun a significant upward trend, surpassing the $20,000 resistance level. The cryptocurrency has also broken through the $20,500 and $21,200 resistance levels, indicating a positive market sentiment. Additionally, the BTC/USD pair has broken a significant bearish trend line with resistance near $21,250, as seen on the hourly chart. 

According to #priceanalysis , The pair has successfully surpassed the resistance zone of $21,500, and the price has surged towards the levels of $22,000 and $22,500. A new high has been established at approximately $22,766, but the price is currently undergoing a correction. As of now, the Bitcoin price is trading above $22,300 and the 100 four-hourly simple moving average.

In the event that the price of Bitcoin is unable to surpass the resistance level of $22,800, a correction to the downside may occur. The first level of support is located in the vicinity of $22,000, followed by a more significant support level at $21,700. Should the price fall below this level, it may drop to $21,000. The next major support level is at $20,500, and any further losses could result in a decline towards the $20,000-$19,500 range.

KEY LEVELS :

RESISTANCE LEVEL : $22,800-$23,300

SUPPORT LEVEL : $22,000-$21,500

#coingabbar

Disclaimer: #crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. However, it's crucial to do your own research #dyor and assess the risks involved before investing in any market.

#Cardano price is presently trading above $0.300 per US dollar, similar to bitcoin. If the ADA price breaks through the $0.325 resistance level, a rebound wave may begin.

Over the past three weeks, the value of Cardano's cryptocurrency has experienced a significant decline, dropping to a low Fibonacci retracement support level of 0.618. This drop represents a 27% decrease from the previous high of $0.420, with current trading prices hovering around $0.306.

Cardano's recent decline has caused the cryptocurrency to dip below all of its significant moving averages. This trend has been ongoing since June 2022, indicating a prolonged downtrend. On the daily chart, a rounding top has formed, and the price has retested the neckline.

From a technical standpoint, the future of cryptocurrency appears bleak in the short term. It is highly probable that it will fall below $0.300, which would pave the way for a further decline to the late-2022 lows in the $0.24 range, representing a 20% drop from current levels.

Cardano was unable to break through and close above the $0.420 resistance level. Cardano's price has dipped below $0.380 per dollar in recent days. The ADA/USD coin fell below the $0.345 and $0.320 support levels.  The price fell below the $0.300 support level and formed a low at $0.2976 and is currently consolidating losses.

The price of ADA is trading at $0.303, reflecting an intraday loss of 2.75%. Over the past two days, the coin's price has demonstrated long lower price rejection candles at the combined support of 0.618 FIB and $0.30. This suggests that buyers are accumulating at this support level.

As per #priceanalysis , If the price of the coin manages to remain above the support level mentioned earlier, it could signal a bullish reversal, prompting buyers to challenge the resistance levels of $0.325 and $0.345. A successful break through the $0.3450 level could potentially lead to a rise towards the $0.3800 resistance level. Continued gains could result in a steady increase towards the $0.4200 level.

ADA's immediate support level is at $0.325. If the price falls below this level, the next important support level will be around $0.320. If the price continues to fall, it might approach $0.300. Further losses might result in a test of the $0.280 level in the worst-case scenario.

KEY LEVELS :

RESISTANCE LEVEL : $0.3250-$0.3450

SUPPORT LEVEL : $0.2950-$0.2800

#coingabbar

#crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. However, it's crucial to do your own research #dyor and assess the risks involved before investing in any market.

The price of #bitcoin has surged, following the initial shock of the SVB crisis. As a result, the value of BTC has now surpassed $20,500, indicating a significant recovery. The recent turmoil has had a significant impact on the price of Bitcoin, resulting in a decline. However, it is worth noting that the cryptocurrency is currently experiencing a robust support level.

The bulls are currently striving to maintain some crucial trend lines, as the weekend trading presents an opportunity for heightened volatility. This comes after a threat of losing $20,000 in support. It is imperative for the bulls to hold on to these trend lines to avoid any further losses. The market is expected to experience fluctuations during the weekend, and the bulls are working hard to mitigate any potential risks.

According to the 4-hour chart, the green candle indicates that the buyers are currently dominating the market, which could potentially lead to an increase in prices. It's worth noting that the market has been fluctuating within the range of $20,000 to $20,700 for the past few hours, but there are indications that it may break out of this range and continue to rise.

The value of Bitcoin is currently in a state of recovery after reaching a high of $19,550. If BTC can maintain its position above the $20,000 support level, it may trigger a new surge. However, Bitcoin has encountered a significant obstacle in its upward trajectory, as it has been unable to surpass the resistance zone of $21,000.

According to #priceanalysis BTC is currently facing a significant challenge as it struggles to break through the resistance level of $20,900. The next significant hurdle is at $21,200, and if BTC can maintain its position above this level, the primary resistance level to watch out for is now at $21,500. However, the next critical resistance level to overcome is at $22,000. If BTC manages to surpass this level, it could gain bullish momentum and test the $22,800-$23,000 range.

BTC is currently facing a significant challenge as it struggles to surpass the $21,000 mark. If it fails to do so, it could potentially experience a further decline. In such a scenario, the immediate support level on the downside is expected to be around $20,000. However, if the price falls below this level, the next significant support levels are at $19,500 and $19,400, respectively.It is important to note that if the price continues to plummet, it may reach the $19,000 level, and any additional losses could potentially push it towards the $18,400 level. 

KEY LEVELS :

RESISTANCE LEVEL : $20,900-$21,400

SUPPORT LEVEL : $20,000-$19,500

#coingabbar

Disclaimer: #crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. However, it's crucial to do your own research #dyor and assess the risks involved before investing in any market.