AltcoinBuzzTrading

AltcoinBuzzTrading

If we consider $2.88 as the top of the previous cycle and $0.32 as the bottom of the previous cycle, in the next bull run, MATIC is likely to head towards 1.30, $1.60, $1.90, $2.33 and $2.88. Clearing the previous high of $2.88 could place MATIC in the long run at $4.46 and $7.02 (2.4X of previous ATH).

AltcoinBuzzTrading

On the daily chart, we are seeing a close resemblance to the cup and handle pattern. If MATIC can break the resistance at $1.31, we could start seeing a move towards $1.69 and $2.10. Rejection of $1.31 resistance area could most likely lead to a drop towards $0.94 and $0.75 and if BTC drops further, MATIC is likely to enter the final bottom area of $0.56 which...

AltcoinBuzzTrading

As per the 4 hour candle, MATIC broke the trend-line support on2nd march and now has a clear resistance at $1.25. It is likely to continue a downward movement towards $1.05. If the support at $1.05 breaks which seems likely, we could see a move towards $0.94 and $0.87. This looks like a more likely short term price action on MATIC. In the less likely event of...

AltcoinBuzzTrading

LYXE is trading right above the resistance flipped to support zone at $7.43. If it continues holding this support, we could start seeing a move towards $10.47, $12.55, $17.18 and $22.18 which is almost 300% above the current price. If the support of $7.43 breaks, we could see a drop down towards the crucial support zone of $5.32 which is crucial support zone and...

AltcoinBuzzTrading

QNT is trading close to a crucial area of $156. This area has been a long term support area till Jan 2022 and after breaking this support area, we saw QNT quickly drop towards the lower weaker support areas. $156 zone then turned into resistance and 4 attempts were made to break this resistance and the 4th attempt was successful where QNT broke $156 and is...

AltcoinBuzzTrading

IMX is trading above the support zone of $0.568 and below the trendline resistance. As long as it is above the support zone, we could start seeing a move towards $0.650 and $0.709 which is the key resistance area. If $0.709 gets broken, IMX will break out of the bearish trend and quickly move towards $0.789, $0.915, $1.048 and $1.129. Failure to hold the support...

AltcoinBuzzTrading Updated 

Aioz Network (AIOZ), a content delivery network that distributes bandwidth while lowering costs, has also been added to Coinbase's platform.nAccording to the project's website, it is fully interoperable with the Ethereum and Cosmos blockchains, as well as capable of providing instant finality and low transaction fees. Aioz Network initially soared 38.4 percent...

AltcoinBuzzTrading

After reviving from its demand zone, Axie Infinity (AXS) continued its uptrend. As a result, it resembled a morning star candlestick pattern. Bullish Scenario: AXS might retrace back to support levels $57.30. After retracements, if AXS manages to break above the resistance level at $71.50 then it would be bullish. Breaking above the $71.50 price level with...

AltcoinBuzzTrading

After the bulls lost the $25.75 level, selling pressure increased. As a result, the LINK fell to a 14-month low on January 24. However, the bulls finally appeared at the $11.3 level, and the alt has gained more than 50% since then. Bullish Scenario: LINK broke the bearish downtrend line on the lower time frame like 4hour(4H) and is trading above the support zone...

AltcoinBuzzTrading

The Chiliz token, abbreviated CHZ, is a digital currency used on sports and entertainment platforms. It is a utility token that originated on the Ethereum blockchain and has since become the official cryptocurrency of the Socios.com platform. The primary characteristics of CHZ 1)CHZ is required to participate in Fan Token Offerings and Locker Rooms (the initial...