Make-or-brake Situation for Filecoin Filecoin Price got trapped inside a descending triangle pattern over the daily chart. FIL Coin falters at the verge of descending triangle pattern and tries to sustain.
The token is waiting for bulls to take charge from here for the successful bullish rally. Filecoin has been falling from 18th September 2021 and went into a descending triangle pattern over the daily chart.
This current level could be a great entry point for FIL investors and from current level FIL may hike with a strong uptrend momentum over the daily chart. From now on FIL may witness extreme buying and can approach higher levels making higher-highs.
Technical Indicators suggest no signal at the moment for FIL coin. Relative strength Index forecast neutrality for FIL coin. However, the declining line over the indicator shows that RSI haven’t signalled any strong directional change for Filecoin yet.
MACD exhibits sideways momentum of FIL in a descending triangle pattern. The MACD line is below the signal line and approaching towards it for a positive crossover.
Technical Levels
Support Levels: $17.60 and $15.00
Resistance Levels: $20.00 and $87
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Buying Opportunity Strikes for SUSHI Investors*SushiSwap Price is trading in a cup and handle pattern over the daily chart.
SushiSwap Price is trading in a cup and handle pattern over the daily chart. Basically the trading pattern forecasts a curve making a cup and a price drop sketching handle over the chart.
SUSHI coin is presently CMP at $3.57 and has lost 10.23% of its market capitalization in the last 24-hour period. However, trading volume has increased by 16.58% in the intraday trading session.
Stoch-RSI showcases that SUSHI coin is in extreme oversold territory. K and D are at 0.88 and 20 respectively. Investors need to wait for any directional change over the chart.
MACD exhibits bearish momentum of SUSHI coin. The MACD line is behind the signal line after a negative crossover.
Technical Levels
Support Level: $2.75
Resistance Level: $5.07
Waves Coin Gained More Than 16%WAVES Coin is trading strongly bullish over the daily chart presently CMP at $20.73 resulting in an interesting pattern.
The pair of WAVES/BTC is trading at 0.0005008 BTC with an intraday gain of 21.41%, whereas the WAVES/ETH pair is CMP at 0.007602 ETH with a 24-hour positive change of 23.35%.
The bulls are being strongly favored by the WAVES coin. The token went through some interesting patterns over the daily chart. At first WAVES got stuck in a descending parallel chain for a long term from October 2021.
Apparently moved into a horizontal consolidation range in February 2022. At last the WAVES Coin turned into a strong bullish rally from 28th February 2022. The WAVES coin consolidated in the horizontal range of $12.67 and $8.21 in its notice period.
Buyers are happy to push their limits in the upward parallel channel to deliver the WAVES coin price till $34.00 respectable level of resistance.
The technical indicators reveal the different side of the story as the short term view of WAVES is that it may undergo a breakdown anytime. The WAVES coin may fall at any moment and bulls need to sustain to avoid the downfall of the coin. The coin may fall most probably from the primary resistance level of $22.00.
Stochastic Relative Strength Index forecast the presence of WAVES coin in the extreme overbought territory. The K and D both are present at 100 mark and they may generate a crossover at any moment now. It’s up to the bulls now to sustain at the overbought territory.
MACD showcases bullish behaviour of the WAVES coin. The MACD line is above the signal line in the positive zone with no intention of crossover.
Technical Levels
Support Levels: $2.80 and $2.50
Resistance Levels: $3.80 and $4.50
ANC Coin’s V-shaped Recovery Making Higher-HighsAnchor Coin’s V-shaped recovery is remarkably applauded by the bulls as the coin broke out of the distribution area.
The crypto asset is trading high above the 20, 50, 100, and 200-days Daily Moving average.
The ANC coin has broken out of the supply zone and there remains two possibilities of break down or break out in the near future. If the bulls manage to sustain at the supply zone then there won’t be any massive breakdown of ANC coin. However, the coin may consolidate for a short interval of time. On the other hand, if bulls fail then there might be a downtrend on ANC coin’s way.
The ANC coin got support at $1.33 in its crucial demand area during its hard times. Then onwards bulls have pushed their limits to let the coin break out of the supply zone. The bulls need to sustain at the top for a few intraday trading sessions to avoid a sudden fall.
The ANC crypto price is favouring the bulls over the daily chart. The token just registered the highest peak of 2022 by breaking out of the supply zone.
Technical Levels
Support Levels: $3.42 and $1.33
Resistance Levels: $4.80 and $5.00
SXP Coin Consolidates Above $2.0 Since Start Of The MonthSXP coin price traded at $2.08 with a gain of 8.1% in the last 24-hour and 10.5% up in the weekly time frame. Furthermore, SXP sustains above the mark of $2.0. In contrast, the market capitalization stands at $200 Million. Technically, investors can perceive a positive slope in RSI. The price is moving below the EMA-200. Besides, shallow volume is maintained in the coin. Moreover, the price move can be towards the EMA-200 of $2.65 in future trading sessions.
FTM Price Is In A Critical Point To Give A BreakoutFTM price traded at $0.30 with a gain of 8.1% in the last 24-hour and 1.2% up in the weekly time frame. Furthermore, FTM plunges from the mark of $0.23. In contrast, the market capitalization stands at $765.85 Million. Technically, investors can perceive a positive crossover in MACD. The price is moving below the EMA-200. Hence, shallow volume is maintained in the coin. Moreover, the price change can test the EMA-200 of $0.32 in future trading sessions.
Resistance: $0.48
EMA-200: $0.32
Support: $0.18
Positive Trend Begins In Tezos (XTZ) Token, May Hit $8.80Tezos token price was trading at $5.50 with 2.30% positive daily and 12.77% negative returns in the weekly period. Technically, the price took to support and recovered from the bottom. Hence, Indicator MACD signals positive crossover above the signal line. The Parabolic SAR also signals a buy signal in the coin. With the support of buying pressure, the price may hit the resistance level of $8.80 positionally in upcoming trading sessions, which will give returns up to 50% to the investors in the long term.
Resistance: $6.15
Support: $4.80
Institutional Players Dodging up Bitcoin Retail InvestorsThe daily technical chart of BTC crypto price action plunges below the EMA-50 for the first time this year. Investors can observe in the chart mentioned above every time Bitcoin used to take support from the EMA-50 (red line) and bounce back to the higher levels, but this time trend got reversed. According to pivot points, Bitcoin’s critical support levels are $48000, $38750, $30500. Whereas if it moves upside, the crucial resistance to watch is $65970, $74280, $83750. Besides, the chart also features a bearish engulfing candle showing a definite bearish trend with high reliability.
The Exponential Moving Average (EMA), consisting of EMA 20 & 50, acts as solid support in the coin’s price. EMA 20 is very close to both the EMA intersecting below the EMA-50 line, indicating the beginning of bearish momentum. Investors may perceive the price is also below the EMA. So until the price remains below both EMA, it will ensure Bitcoin’s negative momentum.
The RSI indicator (Bearish) with the value of 39.40 indicates a sell signal in the coin, and the RSI line is going down from 55 to 39 on intraday session considered to be under selling pressure. It may plunge in short-term trading sessions.
The volume of (14.74K) showcases below the Volume MA (8.75K) of 20-days. The investors in Bitcoin are booking profits in the order book, which results in the fall of BTC. Investors may also observe constant volume in the chart, indicating minor signs of recovery.
Siacoin Crypto The Next King Of Storage SectorThe 4-hour technical chart of SC crypto projects a positive trend. According to pivot points, Siacoin’s critical support level is $0.03462. Whereas if it moves upside, the crucial resistance to watch is $0.04439. Besides, the chart also features a bearish pin bar candle showing a bearish trend with low reliability.
The Exponential Moving Average (EMA), consisting of EMA 20 & 50, acts as solid support in the coin’s price. EMA 20 is moving beneath the EMA-50 line, indicating bearish momentum. Investors may perceive the price is also trying to get above EMA-20. So until the price remains below both EMA, it will ensure Siacoin’s bearish momentum.
The CCI (Bearish) with the value of -33 indicates a sell signal in the coin, and the line went down from 24 to -33 on intraday session considered to be in an oversold region. It may plunge in short-term trading sessions.
The volume of (2.26M) showcases below the Volume MA (2.82M) of 20-days. The investors in Siacoin are maintaining the order book to sustain their price at current levels. Investors may also observe declining volume in the chart, indicating a big move is expected soon.
The parabolic SAR indicator suggests a buy signal in SC on intraday. No signs of a sell signal have been seen, which is an excellent sign for Siacoin’s investors.
BNB Token Above $700 Will Blast Like RocketThe 4-hour technical chart of BNB price action projects a bullish trend. According to pivot points, BNB's critical support levels are $617, $573. Whereas if it jumps up, the crucial resistances to watch are $693, $725 & $768. Besides, the chart also features a Doji star candlestick pattern showing neither bulls or bears could gain the upper hand.
The Exponential Moving Average (EMA), consisting of EMA 20 & 50, acts as strong support in the asset price levels. EMA 20 flies above, indicating a positive trend. Investors may perceive the price is trying to sustain above EMA-20. The price remains above both, the EMA will ensure the Binance coin bullish momentum.
The Schaff Trend Cycle (STC) projects a positive momentum with a value of 100, indicating a buy signal. Additionally, Investors can see an upward curve in the index, which may remain bullish in future trading sessions.
The volume of (461.89K) showcases a huge volume above the Volume MA (376.56K) of 20-days. BNB maintains high buying pressure to drive its price to excessive levels. Investors may also observe inclining volume in the chart, indicating a big move is expected soon.
BNB token price was trading at $676.99 with a 2.0% return daily and 1.80% positive in the weekly period. Furthermore, technically, the parabolic SAR indicator suggests a buy signal in BNB. The price shows strength and trying to breach above the resistance, which will ensure a bullish move in the coin. With the support of buying pressure, the price may hit the resistance levels of $693, $725 & $768 in a future trading session, which will give returns up to 15% to the investors in the short term.
Resistance: $693, $725 & $768
Support: $617, $573
XTZ Token Final Call, Rocket Is Ready To LaunchXTZ token price traded at $7.77 with a gain of % over recent 24-hour and an increase of % in the weekly period. Besides, XTZ price action is way above the EMA Ribbon, leading to soaring in future trading sessions. In contrast, the market capitalization increases to $5.85 billion. Technically, investors can see testing at the resistance of $7.78. The Stochastic RSI index features a flat slant and values in an overbought region. Additionally, the price movement can be above the resistance of $14 in future trading sessions.
Resistance: $7.80, $10.0, $12.35, $14.50
Support: $3.90
ADA breaks out of long consolidation, 25% up move expected at leThe breakout of the symmetrical triangle with the boost of volume might continue the bull run further but in a larger picture, the breakout of the consolidation range was accompanied by a decrease in volume and the losing momentum that can drive the price lower. Early investors/traders must wait for a retest.
Support - $1.54 and mentioned EMAs
TRX Is Going To Breakout Upto $0.18TRX token price traded at $0.01520 with a gain of 13.50% in the last 24-hour and 21.85% up in the weekly time-frame. Furthermore, Tron bounced back from the lower support of $0.1200. In contrast, the market capitalization stands at $10 billion with a 13.55% increase. Technically, investors can perceive TRX took support and is moving towards the resistance. CCI index showcases an upward slope. Moreover, the price movement can exceed the resistance of $0.1740 in future trading sessions.
Resistance: $0.1740
Support: $0.1075
The Bull Run Is Not Over Yet BTC Value Will Hit Above $100000BTC value traded at $56900 with a gain of 2.88% in the last 24-hour and 4.60% up in the weekly period. Furthermore, Bitcoin price plunged from the Pi Cycle Top. In contrast, the market capitalization stands at $1 trillion. Technically, investors can perceive a bullish crossover in the MACD, and the price took support at $53000. Moreover, the price movement can be above $65800 in future trading sessions.
Resistance: $65800
Support: $53000
ONT Shows Major Signs Of Explosion Upto 300%The weekly technical chart of the Ontology price action forms a bullish trend with a beginning of the parabolic movement. In contrast, to pivot points, ONT's fundamental support level is placed at $1.30. While on the other side, if it moves up, the significant resistance level to watch is $2.35. Moreover, on the chart of a 1-day time frame, it completes a bullish engulfing candlestick pattern representing bulls controlling the price action.
The volume of (303.60M) forms a massive volume bar in the coin. Investors can observe multiple huge volume bars to pull up the price. High buying pressure is loaded in Ontology to drive its price to higher levels.
Resistance: $2.35 $6.0, $10.0
Support: $1.80, $1.30 $0.80
XRP Token A Sleeping Giant; May Cross Beyond $5.0 In 2021XRP token price traded at $1.47 with a decrease of 7.50% over recent 24-hour and an increase of 5.08% in the weekly period. Besides, XRP plunges below the EMA Ribbon, leading the price to drop more in future trading sessions. Conversely, the market capitalization increases at $66.66 billion. Technically, investors can see a negative trend, and the price is trying to breach above the EMA Ribbon. The Stochastic RSI index features a negative slant and values in an oversold region. Additionally, the price movement can be towards the target price of $1.95 in future trading sessions.
Resistance: $1.95
Support: $1.00
BCH Token A Storm Before The Silence, May Hit $2000 In FutureBCH token price traded at $990 with a gain of 7.50% in the last 24-hour and 27.15% up in the weekly time-frame. Furthermore, BCH bounced from the support of $750. In contrast, the market capitalization stands at $18 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above the EMA-20. RSI index showcases a downward slope. Moreover, the price movement can be towards the resistance of $1180 in future trading sessions.
Resistance: $1180
Support: $750
UNICEF Partners With LINK Token To Support Blockchain AppsLINK token price traded at $38.40 with a gain of 2.91% in the last 24-hour and 12.78% up in the weekly time-frame. Furthermore, LINK bounced back from the support of $30.50. In contrast, the market capitalization stands at $16 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above the EMA-20. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $44.10 in future trading sessions.
Resistance: $44.10
Support: $30.50
ADA Coin Partnered With World Mobile To Deliver Telecom Network ADA coin price traded at $1.36 with a gain of 1.06% in the last 24-hour and 14.08% up in the weekly time-frame. Furthermore, ADA bounced back from the support of $1.0. In contrast, the market capitalization stands at $43 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above the EMA-20. RSI index showcases a flat slope. Moreover, the price movement can be towards the resistance of $1.56 in future trading sessions.
Resistance: $1.55
Support: $1.0
After Consolidation FIL Gives A BreakoutFilecoin price traded at $156 with a gain of 3.21% in the last 24-hour and 18.08% up in the weekly time-frame. Furthermore, FIL bounced back from the support of $131.50. In contrast, the market capitalization stands at $3.26 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above the EMA-20. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $190.80 in future trading sessions.
Resistance: $190.80
Support: $131.50
ADA Token Still Accumulates, Are These The Signs Before ExplodinADA token price traded at $1.36 with a gain of 1.22% in the last 24-hour and 33.3% up in the weekly time-frame. Furthermore, ADA bounced back from the support of $1.0. In contrast, the market capitalization stands at $43 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above the EMA-20. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $1.56 in future trading sessions.
Resistance: $1.56
Support: $1.0
Fetch.AI (FET) Requires Surge In Buying VolumeFET price traded at $0.59 with a loss of 1.82% in the last 24-hour and 62.95% up in the weekly time-frame. Furthermore, FET bounced back from the support of $0.34. In contrast, the market capitalization stands at $440 million. Technically, investors can perceive a positive crossover in the EMA, and the price is above the EMA-20. RSI index showcases a flat slope. Moreover, the price movement can be towards the resistance of $0.87 in future trading sessions.
Resistance: $0.67, $0.72 & 0.87
Support: $0.34
DOT Token Price Expecting To Hit $45.60 PositionallyDOT token price traded at $36.14 with a gain of 7.46% in the last 24-hour and 26.80% up in the weekly time-frame. Furthermore, DOT bounced back from the support of $28.55. In contrast, the market capitalization stands at $33.74 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above the EMA-20. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $45.60 in future trading sessions.
Resistance: $45.60
Support: $28.55