Matic rolled back this month and remained in a downward range on the daily. However, it seemed to have found support following several drops over the past months. A crack below this support could facilitate more drops. Following last month’s increase, which saw the price broke out of a seven-month resistance line to tested $0.6, […]
Author: Michael Fasogbon
Ethereum resumed a downtrend this month following a three-week recovery from a key support level. The price fell slightly below this support after shedding a 12% loss since the start of the month. After rising to the $1,751 level as a retest of August’s breakdown, Ethereum saw a rejection there and the price fell throughout […]
After bouncing off a crucial six-month low in mid-September, Bitcoin saw a 15% recovery in two weeks and retested August’s support as resistance. It initiated a fresh drop from there and now looks weak on a daily. Last week, Bitcoin tested the $28,620 level following a mini-rally in the past month. The bears reacted strongly […]
As the overall crypto market cuts $40 billion away in the last 72 hours, Cardano had its fair share as it recorded a 5% loss since last week. The bears have stepped back with a potential breakdown of previous support. After a three-week recovery, ADA encountered resistance at the $0.27 level last week and dropped […]
Since Litecoin experienced a sudden crash in August, it suspended the trend sideways and continued to look for a key area to initiate another sell-off. It now trades in a red zone with a 5% drop in the last 7 days. Back on July 3, Litecoin reached a peak of $115 after increasing by over […]
BNB looks bearish from the daily outlook, but trading has remained in a range since it found support in August. It recently initiated a drop near this support. A big sell-off should be expected if a crackdown occurs. Binance Coin had suffered a massive loss over the past couple of months. On August 22, the price […]