the FTM crypto experienced a surge Over the past week, the Fantom price has risen by up to 13% (appx.). The technical indicators have been portraying a possible bullish rally out of a falling wedge pattern on the daily chart.
At press time, the FTM price was trading around at $0.8047. Besides, there are expectations, contingent on buyers’ strength, for the price to exceed the $1.0 mark. Beyond this price point, the door would open for more future optimism.
Since the FTM crypto has revealed recovery possibilities more clearer as the price rallied from a crucial demand level of around $0.65 on the chart.
Similarly, the fantom crypto looks set for an upcoming colossal surge, as it gears up to crack the resistance level of FTM and rocket to new peaks.
The Fantom asset is exhibiting bullish strength and rising capacity as it holds above major 20-day and 50-day EMA band's. Likewise, other technical tools of the FTM asset have also displayed bullish support, as MACD shows a bullish cross above zero line and the RSI was at 59.56 not near the 70 level yet, which exhibits it does not face much resistance and could extend its gains in the upcoming sessions.
At press time, the FTM crypto experienced a surge of 0.76% in the last 24 hours, trading at $0.8064. therefore, if the demand increases for the Fantom asset price, then it could shoot up from the current level. The next target, then would be to reach $1.00 and $1.20.
However, if the Fantom crypto price fails to stay above the $0.65 level, it could decline further and hit lower supports as well.
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the AEVO crypto price failsAEVO price has shown that it was in bulls' favor earlier from March 13th, 2024, to March 27th, 2024, the price attempted to rise and built a top on the daily chart at $3.70, from the support at $2.00. However, the wind shifted in the Bears' favor, and from March 28th onwards price deteriorated and collapsed all previous support levels.
According to the technical daily chart, the AEVO price has witnessed strong selling pressure. For the last few weeks, the AEVO asset has been showing bearishness and falling potential as it has been struggling below the 20-day EMA and falling by facing resistance, which is influenced by the sellers' surge. Meanwhile, AEVO has recorded an all-time low on the day of writing and sellers seem stronger.
At press time, the AEVO price traded at $1.157 with an intraday loss of -2.20%. The market capitalization is $123.60 Million and the 24-hour trading volume is $41.20 Million.
Will AEVO Crypto Shield the $1 Mark? Let's Unfold Its Daily Chart
On a daily time frame, the Aevo price exhibits weakness and is trading near an all-time low price level. The AEVO price has portrayed a continuous fall and if the crypto asset price gains bullish momentum and faces resistance from the 20-day EMA once again on the daily chart, then the sellers may become confident and push down the asset's price to a new all-time low.
On the other hand, if the AEVO crypto price manages to advance above the 20-day EMA and sustains for a few daily sessions, an elevation in trading volume can generate buying momentum for the short term, which can be expected under these possible circumstances.
According to the technical indicators, the Bollinger band (BB) exhibits that the price trades at the lower Bollinger band and looks difficult for its price to reach the basis line in BB. The Aevo price MACD tool also signifies bears strength superior to bulls, and bulls seems to have no control yet, and the RSI is at 29.26, this line is trading below the trading below the key moving-SMA smoothened line. Overall, the technical indicators demonstrate a negative sentiment.
Therefore, if the AEVO crypto price fails to stay above the $1.100 price level, it could decline further.
On the contrary, if the demand for the AEVO asset price remains high, it could bounce back from the current level. This will be visible in the technical indicators once this scenario occurs on the daily chart like RSI would cross the median line, MACD would jumpzero line, and BB would take price above basis in upper band. This makes, the next target for the AEVO price would be to reach $1.50, and $1.90, respectively.
Celestia Crypto (TIA) Eyes $7 Target as Trading Volume RecedesCeCelestia Crypto (TIA) Eyes $7 Target as Trading Volume Recedes
Bearish trend persists in TIA crypto, with the price crumbling through the key $10 threshold.
TIA cryptocurrency sees scant trading activity, casting doubt on any near-term trend reversal prospects.
The broader market correction has significantly affected Celestia's value. In contrast, TIA's crypto, which had been on a downward trajectory since mid-February, is now at risk of falling through its support levels. The general market downturn has exacerbated this trend, intensifying the negative impact.
Since mid-February, Celestia's cryptocurrency has seen a decline of more than 57% from its annual peak. The crypto has been extending losses, creating a notable pattern. Let's have a closer look using various data to identify whether the upcoming sessions will widen the losses or a recovery is going to initiate.
Low Volume Inflow Indicates More Downfall Ahead?
Celestia's cryptocurrency has recently fallen under the crucial $10 level, signaling a persistent bearish trend. Despite efforts to maintain the $10 support, diminished trading volumes led to a decline below this key mark.
Volume metrics indicate a significant drop, hitting a two-month low. According to CoinMarketCap, the daily trading volume was recorded at $35.488 million, a sharp 56.21% decrease from the day before. Furthermore, the volume-to-market cap ratio stood at 2.22%, indicating a period of reduced volatility.
Technical Indicators Imply A Trend Continuation.
The daily chart indicates that the price is fluctuating within a descending Parallel channel pattern, with the top and bottom lines serving as resistance and support, hinting at a downward correction trend.
Now, As long as the cryptocurrency remains within this channel, it's likely to persist in its downward correction. However, a consistent breakout from this pattern could signal a change in direction, potentially leading to a recovery of recent losses.
On the higher side, if a breakout occurs, $12.5 and $15 could become targets for profit-taking. Conversely, if the decline continues, $9.09 and $7.07 could provide support levels.
Conclusion.
Celestia's crypto has plunged over 57% from its yearly high amid a market downturn, breaching the pivotal $10 mark and signaling a bearish trend. Moreover, Trading volumes have dwindled, hitting a two-month low, with a significant daily volume drop and a low volume-to-market cap ratio, suggesting limited volatility.
Currently, The price is trapped in a descending channel. Now, if it breaks out, recovery towards $12.5 or $15 is possible, but a continued fall could see support at $9.09 or $7.07. The market's direction hinges on whether it can exit this channel.
An Analysis of Bitcoin: Unveiling the Macroscopic TrendsIn the vast landscape of financial markets, Bitcoin stands as a beacon of innovation and volatility. Its journey from obscurity to mainstream recognition has been nothing short of remarkable, captivating the attention of investors, speculators, and analysts alike. Delving into the depths of its price action, we embark on an analysis that transcends the minutiae of daily fluctuations, focusing instead on the broader canvas of macroscopic trends.
Bitcoin, the pioneering cryptocurrency, operates within a decentralized framework, free from the shackles of traditional financial institutions. This inherent autonomy infuses Bitcoin with a unique character, prone to wild swings and meteoric rises. Understanding its movements demands a blend of technical prowess, market sentiment analysis, and a keen eye for broader economic trends.
At the heart of our analysis lies the examination of larger time frames, where the ebbs and flows of Bitcoin's price action reveal profound insights. Zooming out from the noise of hourly or daily charts, we discern the formation of significant patterns and trends that span weeks, months, or even years.
Employing technical analysis tools such as moving averages, trend lines, and Fibonacci retracements, we chart the trajectory of Bitcoin's price movements. Through this lens, we identify key support and resistance levels that serve as pillars in the edifice of price discovery. These levels, when breached, often herald significant shifts in market sentiment, triggering cascading effects across the cryptocurrency landscape.
Accompanying our technical analysis is a thorough examination of fundamental factors that influence Bitcoin's valuation. From regulatory developments and institutional adoption to macroeconomic trends and geopolitical tensions, a multitude of variables can sway the market sentiment towards or against Bitcoin.
Crucially, risk management remains paramount in any analysis of Bitcoin or indeed any financial instrument. While the allure of potential gains may be enticing, prudent investors always consider the downside. Setting stop-loss orders and defining clear profit targets mitigate the inherent risks associated with trading or investing in Bitcoin.
It is imperative to recognize that this analysis serves as a guide rather than a guarantee. The dynamic nature of financial markets ensures that no prediction is infallible. Therefore, it is prudent to consult with a qualified financial advisor before embarking on any trading or investment strategy.
In conclusion, the analysis of Bitcoin in the larger time frame unveils a tapestry of trends and patterns that shape its trajectory. By blending technical analysis with an understanding of fundamental drivers and a disciplined approach to risk management, investors can navigate the tumultuous waters of cryptocurrency markets with greater confidence. However, prudent caution and professional guidance are indispensable companions on this journey of discovery.
$BTC Plan Blue for Long-term #Crypto Investment:Phase 1 - Buy 50% at 58k
Phase 2 -Buy 30% at 49k
Phase 3 -Buy 20% at 38k
If you're starting a new portfolio, consider buying some Bitcoin and Altcoins at the current price levels and then remaining 50% at 49k & 38k as per our plan.
There's no need to fret over your long-term investments, just remember to HODL.
Remember, it's impossible to accurately predict the exact bottom of the market, so always do your own research before making any investment decisions.
NFA DYOR GL.
the Helium crypto asset exhibits bullish characteristicsThe Helium Crypto experienced a bullish trend from the first week of November 2023, rising from the support level of $1.0 to a high of $11.0, where the candle closed at $10.0 by 15th February 2024.
However, from the third week of February 2024, the Helium price plummeted and ended up in a downward wedge, violating the earlier uptrend.
Despite this fall, the Helium crypto has shown signs of recovery as the price rebounded from a significantly developed support level of around $3.50 on the chart. The breakout of the falling wedge pattern suggests that Helium Crypto may start an upward trend by breaking the resistance level and reaching new peaks from its current price level.
The Helium asset begins a spectacular rise as it is displaying a strong bullish urge in its strength by forming back-to-back bullish candles on the daily sessions on its charts. It has also remained above the major 20-day and has been approaching 50-day EMA band from below.
The MACD 20-day EMA, which has been approaching the 50-day EMA from below, also indicates a robust bullish crossover, with a histogram at 0.210, the MACD line at -0.326, and the signal line at -0.536.
Additionally, the RSI is moving higher with a more substantial speed, which indicates that the Helium crypto asset is not in the overbought zone yet, as it is at 55.83 and can maintain its upward direction.
Overall chart analysis shows that the Helium crypto asset exhibits bullish characteristics and may reach higher levels by continuing its ongoing breakout on the daily chart. It also displayed exemplary performance the previous week, with a 30.78% increase, indicating a robust upward spike and the potential to retest the supply level at $10.0.
As of press time, the Helium crypto is trading at $5.310, with an intraday gain of 3.01%, a 24-hour trading volume of 64.47 million, and a market capitalization of 836.71 Million. If the price continues to attract more buying interest, it could achieve higher targets at $8.0 and $10.0. However, if the price fails to sustain support at $3.50, price gains may decline and hit lower support levels.
Aurora cryptocurrency is exhibiting bearishnessAurora is showing a strong decline and indicating that it may decrease further. It has shown poor performance over the past month, having dropped by 33.66%, indicating a consistent downward trend.
The Aurora cryptocurrency is exhibiting bearishness and downward momentum by dropping below the significant 20-day and 50-day EMA bands. If the sellers continue to dominate, the asset's value may decrease even further.
The Aurora asset is displaying bearish weakness, with the MACD below the zero line and the RSI below the median line of 50 at 42.09. This indicates that the Aurora asset is still in negative territory and may continue to decline.
At the moment, the CMP stands at $0.270 with an intraday gain of 6.30% and is under the control of the bears on the daily chart. Therefore, the price is hovering close to the critical level of $0.206 support. The price may plummet further if it fails to hold and drops more.
However, if the price surges from its current position due to increased demand from buyers, it may reclaim the target levels of $0.300 and $0.500.
the BONK crypto asset is exhibiting bullish features The BONK Crypto experienced a bullish trend from February 2024, rising from the support level of $0.00001000 to a high of $0.00004751 by the first week of March 2024, where it closed at $0.00003800. However, from the second week of March 2024, the price began to plummet and ended up in a downward wedge, violating the earlier uptrend.
Despite this, the BONK crypto has shown signs of recovery as the price rebounded from a significant support level of around $0.00001350 on the chart. The breakout of the falling wedge pattern, a strong bullish pattern, suggests that BONK crypto may continue its upward trend and reach new peaks from its current price level.
The BONK asset appears to be continuing its steady rise and displaying bullish strength as it remains above the major 20-day and 50-day EMA bands. The MACD also indicates a strong bullish crossover, with a histogram at 0.00000138, the MACD line at 0.00000053, and the signal line at -0.00000085. Additionally, the RSI is moving higher, indicating that the BONK crypto asset is not overbought and can maintain its upward direction.
An overall analysis of the chart shows that the BONK crypto asset is exhibiting bullish features and may reach higher levels by continuing its ongoing breakout on the daily chart. It displayed good performance in the previous week, with a 75.42% increase, indicating strong upward momentum and the potential to retest the supply level at $0.00004000.
As of press time, the BONK crypto is trading at $0.00002720, with an intraday gain of 2.35%, a 24-hour trading volume of 652.97 million, and a market capitalization of 1.68 Billion. If the price continues to attract more buying interest, it could achieve higher targets at $0.00003000 and $0.00003500. However, if the price fails to sustain support at $0.00002400, price gains may begin to decline and hit lower support levels.
the MANA crypto is close to the primary resistanceOn the daily chart of MANA crypto, there has been a fierce price battle between bulls and bears, which caused a significant formation in price structure. Initially, bulls led the way as the price surged from $0.2700 to $0.8000. However, on March 10th, 2024, bears disrupted the market, resulting in decreased momentum for the bulls.
Consequently, bears took control and established new low and high points on the daily chart, creating a support level at the price of $0.3700. The MANA price then remained steady at this crucial level for several daily sessions.
The recent Decentraland price has increased from the $0.3700 support level on April 14th, indicating slight resistance for bears, which could suggest a resurgence of bullish momentum.
Furthermore, the MANA crypto is close to the primary resistance levels of the 20-day and 50-day Exponential Moving Averages on the daily chart. Additionally, the RSI is at 37.48, finding support on the 14-SMA, while the MACD is at -0.0399, indicating a bullish crossover.
As of press time, the MANA price has reacted negatively with -2.31 % since yesterday and was at $0.4518, despite the weekly upsurge of 8.05%, bears are still active.
Therefore, if the demand for Decentraland increases, it could experience a significant recovery from its current price point. The price may reach $0.5600 next, possibly even higher at $0.6400.
However, if the price of the MANA cryptocurrency falls below the $0.3700 support level, it could drop further and hit even lower levels in future sessions.
the PLSX cryptocurrency has experienced a significant surgeThe Pulsechain asset price is demonstrating bullish qualities and can ascend further upwards in the upcoming future sessions. It has illustrated good performance in the last week, month, and three months by 462.20%, 28.31%, and 122.43%, respectively.
In the past 24 hours, the PLSX cryptocurrency has experienced a significant surge of 462.20% and is presently valued at $0.00010047. The daily chart indicates a strong bullish candle pattern, and the sudden price increase signals a bullish sentiment.
Therefore, the Pulsechain crypto has been showing signs of a strong comeback as the price recovered from a critical level of around $0.000012825 on the daily chart.
The PLSX cryptocurrency seems poised for significant growth as it prepares to break through its resistance level, potentially surging to new heights from where it is currently finding support.
Therefore, if the demand for the asset surges with great momentum, the asset price could advance more from the current level. The next goal for the crypto price could be to reach $0.000200000.
In case the value of the PLSX token cannot maintain above the $0.0000128250 mark, it may experience a further decrease.
MINU crypto has seen an decreaseThe MINU price showed strong sustenance signs at a crucial support level of around $0.0000002475.
Once again, the MINU crypto may experience a significant increase. That's because its price had previously soared from nearby to this level of support, which will push the MINU asset to higher levels from its current supporting range.
MINU crypto has seen an decrease of 1.95% in the past 24 hours and is being traded at $0.0000002726 at this moment of writing.
Therefore, if the demand for the MINU price (MINU) increases from the current support, it could bounce back remarkably. The next target for the price could be to reach $0.0000006000 and $0.0000008500. Another possibility would be if the price value of MINU crypto fails to stay above $0.0000002475, it could also see a further decrease.
Osmosis crypto has seen an minor increaseThe price of Osmosis experienced a positive or upward trend in the market, between October 20th, 2023 and January 4th, 2024. Consequently, the price value of Osmosis saw a significant increase from $0.2100 to $1.9600, as per the daily chart.
OSMO has been performing well in the last six months, with a gain of 293.15%. However, in the past week and month, the price violated the uptrend from the supply level of $1.9600. As a result, the weekly and monthly charts showed a decline of -31.31% and -33.14%, respectively.
However, the Osmosis crypto has signified a sign of possible turnaround rally coming soon on the daily chart, as the price showed strong sustenance signs at a crucial support level of around $0.8475.
The OSMO crypto may probably experience a significant increase once again. That's because its price had previously soared from nearby to this level of support, which will push the asset to higher levels from its current supporting range.
The Osmosis crypto asset is displaying bullish behavior as the MACD histogram is not growing, which seems stagnant at -0.0354 in the last couple of sessions, and confirms the sustenance activity. Similarly, the RSI is at 24.53, which highlights that it can extend its gains as it has been in extremely oversold territory from the last couple of sessions.
Meanwhile, The OSMO asset indicates that its bullish strength is coming back, and the probability of its price to rise is visible on the daily chart. If buyers come into the market, the price of Osmosis could potentially surpass the important 20-day and 50-day EMA's from a lower position.
Osmosis crypto has seen an increase of 0.43% in the past 24 hours and is being traded at $0.9190 at this moment of writing.
Therefore, if the demand for the Osmosis price (OSMO) increases from the current support, it could bounce back remarkably. The next target for the price could be to reach $1.20 and $1.40.
Another possibility would be, if the price value of OSMO crypto fails to stay above $0.8475, it could also see a further decrease.
Kimbo Crypto Price Degraded A Lot; Can It Show Resurgence Next?The Kimbo crypto made a sharp drop after a breakdown of the 50 day exponential moving average.
At the time of writing, the crypto was up nearly 1.83% and was trading close to 0.00024.
The Kimbo crypto price is trading modestly higher in Intraday on Monday and has surged nearly 1.83%. At the time of writing, the crypto was trading close to $0.00024. The bulls gained the ground on Sunday after a three day free fall and have successfully defended the lows in the first half of today’s session.
Earlier, the crypto noted a sharp fall from the highs and dropped lower breaking below the key EMAs of 20 and 50 days. However, the previous breakout zone acted as a support and the bulls managed to find grounds.
A sharp selloff has been observed in the recent sessions which may resume again if KIMBO crypto makes a breakdown below the recent support. It may validate a trend continuation and the price may continue to erode more.
However, the bulls need to establish their presence at the lows in order to regain control of the trend. The correction phase may end if the price is able to break above the dynamic EMAs of 20 and 50 days.
Kimbo Crypto Volatility Analysis
The above chart exhibits a contrast between the volatility with the price movement in the KIMBO cryptocurrency. The volatility illustrates the fluctuation in the price. It might be due to sudden rise or drop in volume inflow or any news.
As per the chart, the volatility of KIMBO crypto jumped higher in the 1st two weeks of March and dropped back in the later weeks of March. In April the volatility was low in the last couple of weeks and the price noted slow movement in the period. However, the price fell sharply in the last one week which has again taken the volatility to higher values.
Social Users Dropped In The Recent Sessions!
The Social dominance and social volume data indicates the current shift in the behavior of the social users. Various social media platforms like twitter, telegram, Instagram and others help create awareness about a particular cryptocurrency.
A high number of social media users indicates a strong community base. As per the chart, the social dominance and social volume curve was on the hiser levels in March. However, it has dropped in April suggesting a negative growth in the number of users.
Technical Indicators Imply a Weak Outlook!
From a technical point of view, the KIMBO price has broken below the 20 and 50 day exponential moving average suggesting a negative outlook in the short term. The key EMAs may act as a resistance and the price may suffer more if it retraces it.
At the time of writing, the MACD line and signal both have dropped below the zero line indicating a negative outlook. The histogram bars are being formed below the zero line but of decreasing height indicates the price may take a pause at the moment.
Kimbo Crypto Price Prediction April 2024
The Kimbo price prediction for April 2024 shows that the crypto may advance to a high of $0.00049 if buyers are able to hold the price above the 20 day exponential moving average. Whereas, the less optimistic analysts estimate a price target of $0.000090 on the lower side after the breakdown below $0.00019.
Conclusion.
Kimbo crypto is experiencing a modest recovery in Intraday today after a sharp fall in the last few sessions. the price trades around $0.00024 after an increment of 1.83% in intraday. Following a significant drop, it's now above key support levels, suggesting potential trend continuation if it breaks down further.
The Bulls are trying to reclaim the trend, aiming to surpass the 20 and 50-day EMAs. The MACD indicators point to a negative short-term outlook, with decreasing volatility hinting at a possible pause in price movement. Overall, volatility has been inconsistent, with a recent spike due to a sharp price drop in the recent sessions.
Technical levels:
Support levels: $0.00019 and $0.000090
Resistance levels: $0.00037 and $0.00049
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
the Oasis Network crypto asset is displaying bullish behaviorThe daily chart, between October 2023 and March 10th, 2024, the ROSE price witnessed a bullish market trend, resulting in a significant increase in its value from $0.04000 to $0.18000.
During the last six months, it performed well with a 150.22% gain, but in the past week and month, the price violated the uptrend from the supply level of $0.18000. As a result, the chart showed a weekly decline of -21.67% and a monthly decline of -36.80%, respectively.
However, the ROSE crypto has revealed a sign of possible recovery coming soon on the daily chart, as the price showed sustenance gestures at a crucial support level of around $0.07900.
It is highly likely that the ROSE crypto may witness a substantial surge once again, given that its price had previously skyrocketed from the same level of support. This is largely due to the readiness of the bulls to overcome the resistance level, thereby propelling the asset to new heights from its current support zone.
Technical Indications in the ROSE Crypto
The ROSE asset indicates that its bullish strength is coming back and its capacity to rise is visible on the daily chart. If buyers come into the market, the price of ROSE could potentially surpass the important 20-day and 50-day EMA's from a lower position.
Meanwhile, the Oasis Network crypto asset is displaying bullish behavior as the MACD histogram is not growing, which is at -0.00340 and confirms the sustenance activity. Similarly, the RSI is at 34.04 this highlights that it can extend its gains, as it has turned in the 14-SMA direction in the hopes of breaking it from below.
ROSE crypto has seen an increase of 4.45% in the past 24 hours and is being traded at $0.09946 at this moment of writing.
Therefore, if the demand for the Oasis Network price (ROSE) increases from the current support, it could bounce back remarkably. The next target for the price could be to reach $0.12000 and $0.14000.
In case the price value of ROSE crypto is unable to remain above the level of $0.07900, it may experience a further decrease.
AXS crypto is deteriorating at faster paceThe price of AXS asset has been displaying bearish behavior and has been declining consistently on the daily chart, indicating a potential further downward trend. The asset's performance was poor last week and last month, with a drop of -3.59% and -25.95%, respectively, which suggests a stable downtrend.
The price of Axie Infinity crypto has significantly dropped in recent times. This decline was evident as the price plunged from a crucial level of approximately $13.50 on the chart.
AXS crypto is deteriorating at faster pace, as it meets the resistance level and could dive to new lows from the current price.
The Axie Infinity price asset plunged below the 20-day and 50-day EMA bands, reliant on the sellers' surge could deteriorate more.
Likewise, the AXS price asset is displaying bearish characteristics as MACD is below the zero line at -0.73 and the RSI is falling smoothly below the median line at 41.60, implying that the Axie Infinity asset is losing momentum and can achieve new depths in the coming sessions.
At press time, the AXS crypto had experienced a -1.99% decline in the last 24 hours to $9.36. Therefore, if the Axie Infinity price fails to stay above the $8.50 level, it could decline further and reach lower lows.
However, if the demand for the crypto remains high, the AXS asset price could bounce back from the current level by surpassing the below trendline. The next goal for Axie Infinity is to reach $11.0 and $12.0.
Will Gorilla Crypto Breakout and Blossom Again: Price AnalysisThe Gorilla crypto is up nearly 2.47% in Intraday and currently trades close to 0.0055 USD.
The GORILLA crypto price has broken below the key exponential moving averages of 20 and 50 day suggesting weakness over the charts.
Gorilla Crypto attracts some buyers on the second consecutive day. The crypto was hovering close to 0.0055 USD at the time of writing. The recent buying from the previous demand zone indicated the presence of the buyers at the lower levels.
The short term trend has weekend after the price has dropped back below the key dynamic supports of 20 and 50 day EMA. The bears seem to be dominating in the short term and the price has entered a short term correction phase.
Currently, the bulls have established themselves near the recent demand zone of 0.0047 USD and whereas the bears have currently held near the 20 and 50 day exponential moving average.
However, the long term trend outlook is bullish above the recent support of 0.0047 USD. Now if the bulls are able to defend this level and surpasses above the 20 and 50 day EMA. It may validate a trend continuation and the crypto may continue to surge higher.
Gorilla Crypto Volume Analysis
The volume analysis shows that GORILLA crypto received nearly 550.47 K USD in the past 24 hours which is nearly 6.32% lower than the previous day. The total market capitalization of Gorilla is 4.52 Million USD.
The volume to market capitalization of Gorilla is 12.25% indicating mild volatility in the crypto. It has a circulating supply of 838.084 Million GORILLA tokens which is also the total supply.
Gorilla Crypto Technical Outlook.
From a technical point of view, the Gorilla cryptocurrency price has made a breakdown below the 20 and 50 day exponential moving average suggesting a weak outlook in the short term. However, the long term trend outlook is still positive above the recent swing low.
At the time of writing, the RSI line was placed close to 42.11 points and that of the 14 day SMA line was at 41.48 points. Both the SMA and RSI line had withdrawn below the mean line suggesting a negative outlook in the short term.
Gorilla Crypto Forecast 2024
On the most optimistic note, Gorilla Price could gain to a high of $0.0072 as the highest value in April if the bulls are able to surpass the recent dynamic resistance of 20 and 50 days. On the other hand, the most pessimistic prediction of our analysts is for the price to reach $0.0.004 if it breaks below the recent support level of $0.0047.
Conclusion.
The Gorilla crypto has been recovering for the second consecutive session and has shown some signs of positivity near the demand zone. The bears seem to be dominating in the last few weeks which has dented the overall trend and has dragged the price lower. The recent support might be the last line of defense before a reversal.
Now, if the bulls are able to hold the crypto price above the demand zone of 0.0047 USD and surpass the 20 and 50 day EMA. it may trigger a short covering among the sellers and the crypto may rise further.
Technical levels:
Support levels: $0.0047 and $0.0040
Resistance levels: $0.0072 and $0.0097
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Pikamoon Crypto (PIKA) Forecast: Is Monthly Low In Danger?The Pikamoon crypto is down nearly 9.49% in intraday and currently trades at $0.0019.
The daily chart shows a weak outlook in the short term.
The Pikamoon crypto is sliding on the lower side in Intraday after taking a pause on Thursday. The bears established themselves near the highs and are intending to lower the price below the monthly low value.
Earlier, the PIKA crypto gained traction in the last week of March and jumped higher. However, the bulls could not hold for more and the crypto reversed after a double top pattern was observed on the charts.
The bears have dominated this week as the crypto has dropped near the neckline which is also the recent support zone. On the higher side, the $0.003 level has turned out as a resistance zone.
On the lower side, the $0.0018 level is acting as a support and preventing it from declining further. The short term trend might remain indecisive until the crypto is maintained in the range.
The breakdown on the lower side may validate the neckline breakdown after a double top pattern observed on the daily chart. Whereas, if the buyers are able to defend the support zone it may again show positive gains.
Pikamoon Crypto Volume Analysis
The volume analysis shows that Pikamoon crypto received nearly 302.5 K USD in volume in the past 24 hours which is 23.72% lower than the previous day’s volume received. The live market capitalization is 15.47 Million USD and ranks 3245th among all the cryptocurrencies.
It has 7.50 Billion PIKA tokens in circulation which is 15% of the total supply. The total supply is reported to be 50 Billion PIKA tokens.
Pikamoon Crypto Fundamental Outlook.
Pikamoon is a decentralized gaming platform. it has emerged as a play to earn opportunity in the gaming universe and metaverse. In November 2022, it arose from the shared excitement and ambitious dream of three friends who were gamers.
The core of Pikamoon Token goes beyond the typical gaming encounter. It is a rebellious gesture against the conventions of traditional gaming. It offers a platform that claims to effectively empower its players.
Pikamoon Crypto Forecast 2024
On the most bullish observation, The Pikamoon crypto could rise to a high of $0.315 by the end of April 2024. On the flip side, the most pessimistic prediction of our analysts is for the price to break below the recent support of $0.0018 level after which the price may fall to $0.0006 level.
Conclusion.
The Pikamoon crypto is proceeding on the lower side after taking a pause yesterday. The monthly low seems to be in danger as the bulls are able to revert the price on the higher side from the support.
The daily chart witnessed a double top pattern formation after which the crypto dropped sharply towards the recent low. Now, if the bears are able to register a breakdown then the crypto may extend its move towards the lower side and may reach $0.0006 by the month end.
Technical levels:
Support levels: $0.0018 and $0.0006.
Resistance levels: $0.0031 and $0.0039.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
DCARD Crypto Slides Near All Time Low: Buy Now Or Stay Away?At press time, the DCARD crypto was trading close to $0.029, recording a positive intraday development of 8.93%.
The DECENTRACARD crypto trades nearly 20% higher than its all time low value.
The DCARD crypto jumped higher in intraday on Wednesday and snapped off a losing streak of previous five sessions. The crypto trades at 0.029 USD in intraday and has added over 8.93% to its market value.
However, the DCARD crypto still hovers in a risky zone as the price is running close to its all time low value. The crypto hit a fresh all time value of 0.024 USD on 1st March 2024. The price is only 20% away from its all time low value and is at a risk of losing more value.
The bulls are struggling to gain traction and regain control over the trend. The price is headed to recover the earlier losses and has surged nearly 8.93 at the time of writing.
DCARD Crypto Fundamental Outlook.
Decentracard is a platform that aims to emerge as a future of payments services with their decentralized credit cards. it leaves an option for the users to select between a Prepaid Mastercard and a Prepaid Visa Card. DCARD crypto claims to provide a safe and secured transaction platform for their users.
Users can purchase, shop and travel with their cards. In addition they can get a 5% cashback at their featured stores.
In addition to payment solutions, Decentracard is at the forefront of eSIM technology. They offer eSIMs for various regions, including the USA, UK, Australia, and a global option. These eSIMs provide instant access to high-speed internet while allowing users to maintain their primary SIM card.
This innovation positions Decentracard as a first mover in the market, offering a decentralized solution that doesn't compromise on privacy and ensures users stay connected wherever they go.
DCARD Crypto Volume Analysis
The volume analysis shows that DECENTRACARD crypto received nearly 128.16 K volume in Intraday which is nearly 13.5% higher than the previous day. It has a live market capitalization ratio of 2.87 Million USD.
The volume to market cap ratio is 4.44% indicating low volatility in the crypto. It has a circulating supply of 100 Million DCARD tokens which is also the total supply. The fully diluted market cap is $2.91 Million.
DCARD Crypto Technical Analysis.
From a technical point of view, the DCARD cryptocurrency hovers below all the key EMAs of 20, 50 and 200 days suggesting a negative outlook in the short term as well as long term.
At the time of writing, the RSI line was placed close to 41.97 points and that of the SMA line was placed at 37.43 points. Both the lines were hovering below the mean line indicating a bearish outlook in the short term.
Conclusion.
The DCARD crypto has surged higher in Intraday and is recovering the losses on Wednesday. The crypto trades in a bearish territory and is at the risk of sliding lower. The price hovers close to its all time low value of 0.024 USD.
Now, if the bulls are able to defend the lower levels, then the crypto may head for a recovery. Whereas, if the bears dominate at the higher levels, then the crypto may continue to drop towards the lower levels and might hit a fresh all time low if falls more than 20%.
Technical levels:
Support levels: $0.024 and $0.010.
Resistance levels: $0.041 and $0.0586.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
CORE's cryptocurrency is exhibiting robust momentumCORE's cryptocurrency is exhibiting robust momentum, with its value steadily climbing over recent days. The crypto had been trading within an ascending wedge pattern for an extended period before breaking out, resulting in a dramatic price increase of over 350%.
The gap between the 20-day and 50-day Exponential Moving Averages (EMAs) is substantial, with the crypto's price soaring 140% above the 20-day EMA. Additionally, the EMAs are forming a 'golden cross,' a technical indicator that suggests a bullish trend.
The Moving Average Convergence Divergence (MACD) aligns with this upward trend, evidenced by a bullish crossover between the MACD and the signal line. The chart's histograms further reinforce the bullish sentiment.
On the daily chart, the Relative Strength Index (RSI) has escalated to overbought territory, currently positioned at 94, signaling intense momentum in the crypto's price.
Despite these indicators pointing towards a strong bullish trend, there remains the potential for a significant price correction in the near future.
Graph Technical Analysis - Graph is an AI Theme Crypto with a very strong Market Cap of 3.7 Billion $
- The AI narrative will only get bigger with time.
- If you are already positioned in Graph then simply hold it only if your horizon is 2-3 years
- If you are looking for swing entries then 0.35-0.39 can act as a very good POI
- Graph is a narrative-based crypto one strong narrative can make this jump up to 20-30% in a day
the KIMBO crypto asset is displaying strong bearishness
The KIMBO crypto price structure shows a struggling match between bulls and bears, both are thriving to take momentum in their favor.
The chart highlights that earlier price was in an uptrend and showed momentum in bull favor from the demand zone at $0.00005300, and breached in-between resistance one by one, which are $0.00028500, $0.00049000, and finally reached upto supply region at $0.00069750.
However, the KIMBO crypto demonstrated a decline from the supply of around $0.00069750 on the chart. The current price structure scenario highlights that the KIMBO USDT is almost at a big fall, as it already met the resistance level and started nosediving. Also, the KIMBO asset is displaying bearishness and a falling tendency as it plunges below the major trend 20-day EMA band and gradually approaches to cut the 50-day EMA from above, reliant on the sellers' surge more lower level could be reached in the coming sessions.
Similarly, the KIMBO crypto asset is displaying strong bearish characteristics as MACD shows a strong bearish cross at 0.00004295 with a histogram declining downwards at -0.00002860. Likewise, the RSI is falling smoothly by taking rejection from 14-SMA and is currently at 48.86 and 14-SMA is at 58.15, implying that the KIMBO asset is losing momentum and can achieve new depths in the coming sessions.
The KIMBO asset is expressing bearish behavior and exhibits that it has the opportunity to fall further, as it has attained bad performance in the last week by -18.93%, which is implying a start of a stable downward. Moreover, if the downtrend accelerates, it will probably start to consume its earned monthly, and quarterly gains of 199.50%, and 265.05% respectively.
At press time, the intraday decline is 3.35% with the price structure in bearish mode and the KIMBO price is currently at $0.00042866. Therefore, if the price action turns more aggressive on the bear side, the bears will win the momentum in their favor, and the support line would be $0.00035000, breaking this would lead to the last line of defense at $0.00028500.
However, the scenario could flip if the buyers turn the match in their favor. The KIMBO price could fly higher towards a higher level around $0.00069750, and $0.00075000, and this fall will become a short-term decline.
The MANA Crypto shows an uptrendThe MANA Crypto shows an uptrend from the price of $0.2700 to $0.8000. However, the price failed to jump above the supply and formed support at $0.5500.
This formed support at $0.5500, proved a worthy support as the price spiked from this level and is currently trading at $0.6741 with an intraday loss of -2.61%. Moreover, the price is above 20-day and 50-day dynamic support bands, MACD is above zero line at 0.0121, and RSI is at 54.49, which has taken support from the 14-SMA smoothened line.
Therefore, if the price wants to go more upside, then it needs to surpass $0.8000. this would open doors for more upside potential and could invite price towards $1.00 as well.
On the flip side, if the price fails the current spike and deteriorates, then the price could fall beneath the $0.5500 level.
Helium crypto assetOn a closer look at the daily chart of Helium crypto assets, it came into sight that the price rose at the start of the year 2024, and went all the way to high up to $11.0. After meeting the top resistance, the price started losing ground and violated the uptrend by making lower lows and highs in the process.
At press time, the price is trying to hold on to the current price level at $6.250 with a fraction of a gain of 0.13% on the daily chart.
The present scenario highlights that, if the buyers lose any more ground, which is the $6.00 support level, the price would drop back to the 2024 yearly start price.
On the flip side, if the volume, OI, and social awareness start to increase abruptly, the price might swap the scenario in its favor and could continue advancing towards the $8.00 hurdle, and breaching that would lead to retest of the supply level at $11.0
Looking at the indicators on the Helium daily chart, the EMA's are rejecting its value from its dynamic resistance, RSI is declining by following the 14-SMA lead, and MACD is below the zero line. This confirms that the major outlook is favoring the bearish cause on the daily chart.
