$BNB Urgent Price Analysis :: Bnb is considered one of the stable coin as we speak today as the all other coins or dumping badly but bnb has always been a stable coin in crucial markets.
Since the last dump $BNB dropped from 721.8 to 455.0 which seems like a big correction but at the same time a huge opportunity for buying a dip. Since the market is highly volatile but bnb has shown some signs of recovery and the mark price is at 531 which indicates a good sign of recovery as we talk about the in-depth analysis.
Moving average of 9 and 18 days bnb price is approaching to cross these average on 1 D chart which shows a good sign bull entered the market.
Exponential moving average of 50 and 100 days is also approaching to touch the market price and once the market of bnb is above these averages on a daily chart we can confirm a bullish reversal which can be seen soon in the next coming days.
Relative strength index was highly in he over sold territory which was indicates a good sign of becoming bullish because whales get interested as soon as the market reaches its over sold territory.
One A daily chart it can be seen bnb market is forming U pattern with higher highs and lower lows which indicates a bullish reversal.
Soon I will be updating more according to the market behaviour so follow me for more updates.
What Is Price Action Its Always very confusing for all traders that what is Price Action. So today will explain for you price action and how to use it to maximise your profits. See price action consist of 4 major things. 1. Trend 2. Support and resistance 3. Candlesticks 4. Candle Stick Chart pattern 1. Trend : When we are using price action for trading the most important thing is trend. Now trend only moves in three directions. Either the trend
it's been a very rough and tough time for $HIGH but the recent dump was a very big opportunity to buy high at very low price and that recent dump also indicated a bullish momentum to come. As the price of high pumped from 1.386 to 1.589 which shows a recovery sign but to me more precise or accurate analysis let's continue to the technical analysis.
According to the 15 minute time frame high is in a consolidation phase but the good good things is market is making higher high and lower low which is a very positive sign for bullish momentum.
Market on the 15 minute time frame is little bit above the Moving Average of 9 and 18 days which indicates a strong recovery sign and a momentum towards upside.
Here comes the Exponential Moving Average of 50 and 100 days on the 4 Hr Chart is highly positive and near to make a golden cross which indicates a very strong bullish reversal.
Relative Strength index ( 7,20,50 ) are in the over sold territory which is also a very strong sign of bullish market reversal because when ever market is in the oversold territory many big whales are interested to buy which surges the price to its high point.
Floki after the recent dump has shown recovery sign and has recently pumped from 0.000121 to 0.000156 this is considered a positive sign but to understand better situation of market chart pattern analysis is very necessary and according to the 4hr candle chart pattern it can be clearly observed That A M pattern is forming on 4hr chart. Whenever M pattern is formed at the support level its clear a bullish reversal is coming as the market is forming higher high lower low. To confirm this pattern it is necessary for Floki to touch it's neck line at 0.000133. once this level is retested so yes guys it's confirmed that we are in a bull market.
A moving average of 9 and 18 days is also forming a bullish reversal at 15 minute time frame but the most importantly Exponential moving Average of 50 and 100 days is near to make a golden cross at 15 minute time frame which indicates a strong bullish momentum is coming.
Relative strength index ( 7, 20, 50 ), are near to oversold territory which also indicates a bullish momentum is coming soon.
Recently etherum was part of a huge dump but there is a sign of recovery as for now eth is trading near 3110. Guys it is very necessary to understand the chart pattern which is one of the key things while trading. So on the 4hr chart of ETH we can can see a double top pattern. When a double top pattern is formed at the support level its mean a bullish reversal is coming and yes guys as we are still in the bull market we are going to see a huge pump towards upside but before that we have to confirm the double top pattern at 4Hr chart once the market touches its support level again at neck line which is 2880 it will be confirm that we are now moving towards upside.
Cardano has been moving within a declining channel pattern for a number of days, suggesting that bears are taking profits during rallies.
Although the bullish divergence on the RSI implies that the selling pressure may lessen, the downsloping moving averages still favour bears. The bulls will attempt to drive the price closer to the resistance line of the channel once more. A significant rebound may be underway if there is a break and closure above the channel. Alternatively, a decline in price and a breach below the channel will signal a strengthening of the negative trend. After that, the $ADA pair might fall to $0.25. #AdaFundamentals #CardanoStablecoin" #CardanoPricePrediction #CardanoPredictions #CardanoEcoSystem
$DOGE Price Analysis: The failure of the Doge relief rally to break above the $0.12 level of breakdown suggests that the bears are selling at every slight increase. It is anticipated that the bulls will vigorously protect the $0.10–$0.08 range because a break through here might send the DOGE/USDT pair all the way down to $0.06. The next rally will take longer to start when the decline is deeper. The bears want to stop the rally at $0.12 if the price moves over its present level. Buyers may break through this barrier and push the pair up to the 50-day SMA ($0.14), which would indicate a possible short-term trend change.
The price of ton coin (TONNE) has been steadily rising. The pricing has been locked for the previous few days at $6.77 and $8.29.
On July 5, the TON/USDT pair began a strong recovery from $6.36, but it encountered significant selling pressure close to the 20-day EMA ($7.42). This suggests that bear activity is at an elevated level. The $6.77 to $6.36 support zone is unlikely to be relinquished by the bulls without a fight. The bulls will once more attempt to move the pair towards the range's resistance if the price breaks out of this zone and moves above the 20-day EMA.
#shiba⚡ $SHIB Shiba Inu prices are currently under intense pressure to correct, and purchasers are finding it difficult to take control of the market's recovery. The SHIB price breaks through the long-term resistance trendline, but is unable to maintain the breakout rally, which leads to a decline below $0.000010. Nevertheless, a double bottom formation on the Shiba Inu price trend indicates that buyers are once again entering the market, breaking the run of lower high formati
Notcoin (NOT) Price Triggers a Huge Bullish Action:
#NOT🔥🔥🔥 $NOT The cryptocurrency markets are rising again! The price of bitcoin soared past $57,000! Altcoins are likewise prepared for a significant comeback! Notcoin, a well-known altcoin, has managed to secure significant resistance in the interim. But in the upcoming days, it is anticipated that a daily close above these levels would drive the NOT price towards higher goals.
The attitudes of the market have significantly shifted and are predicted to stay erratic in the
Bullish factors for FLOKI price surge: Floki offers a wide range of features that surpass its performance in the market. These include of prepaid cards, staking choices, a play-to-earn game called Valhalla, and an instructional portal called Floki University.
This growing ecosystem offers substantial value in addition to improving the FLOKI token's usability. It is anticipated that the upcoming release of a trading bot including a buyback and burn mechanism would increase FLOKI price by lowering supply and maybe increasing demand.
Through regular giveaways, AMAs, and social media updates, the Floki staff actively interacts with the community, building great loyalty and trust among holders. Although technical analysis points to a possible purchasing opportunity, volatility in the market is still a consideration.
Additionally, a wider surge in the cryptocurrency market may be sparked by the impending approval of Ethereum ETFs, which might be advantageous for FLOKI.
Floki (FLOKI) is a standout choice for a top cryptocurrency investment in the next bull run, even in light of recent price declines in the whole market.Driven by a robust community, increasing traction, and fascinating project advancements, Floki is poised for substantial expansion.Its ability to withstand market downturns highlights its potential as the greatest cryptocurrency investment option. We'll examine the characteristics of the newest m
Polkadot has recently experienced increased buying activity near the $5.5 crucial support region, leading to a notable surge and breaking above the previously breached multi-month triangle’s lower boundary. This price movement indicates a false breakout and suggests a potential period of bullish retracements. Technical Analysis: Daily chart: A detailed analysis of Polkadot’s daily chart reveals a significant bullish revival near the $5.5 support ran
Ripple's price encountered resistance at the daily level of $0.499 on Tuesday, resulting in an 11% decline over the next two days. At the time of writing, it trades 8.7% down at $0.393, below the weekly support level of $0.413. If XRP’s daily closes below $0.413, it could crash 15% to revisit its March 12, 2023 low of $0.347. This bearish thesis is supported by the Relative Strength Index (RSI) and the Awesome Oscillator (AO) on the daily chart, both of which are below their respective
The downward trendline rejected the price of ether on Monday, causing an 11% drop in price over the following three days. It had dropped below its June 24 low of $3,240 by Thursday's closing, and it was back at its May 1 low of $2,817.As of Friday, it is trading at about $2,914, which represents a further 4.4% decline from the level of the previous day. The price of ETH may drop 6.5% to retest its daily support level of $2,621 if it closes below its low point of $2,817 from May 1. This be
On Monday, the price of bitcoin hit resistance at the daily level of $63,956, which led to a 9.2% decrease over the following three days. It had dropped below the weekly support level of $58,375 by Thursday's close. As of Friday, it was trading at roughly $55,314, which is a 2.8% decline from the previous day's closing price.
Bitcoin's price may drop 7.3% to retest its daily support level of $52,266 if it closes below its low of $56,522. This bearish thesis is supported by the Relative S