GALA price had been doing great until the first quarter, March 10th, 2024, when the price was rallying and reached $0.08627. However, the price was not able to hold on to its gains. The bulls slipped and violated the uptrend by formulating lower low peaks, amid a declining trendline. However, the GALA crypto tried to maintain its gains by forming support at...
The price structure exhibited that in the VeChain (VET) price an upward trend was witnessed from the end of the week of October 2023. It built higher high peaks and lows until reaching the supply level at $0.0549. The price made three unsuccessful attempts to surpass the resistance at the supply level but failed as bears pushed it toward the downward side. The...
The past price structure of the TRX crypto shows a long bullish rally from the end of Nov 2022, from the support level of the descending triangle of $0.050 to a peak of 0.1439 by Feb 2024. It showed a steady and consistent growth of 220%. After the rally, the price showed exhaustion, as it failed to surpass the main supply zone. Meanwhile, the bulls lost to the...
Analyzing the price action of dogwifhat (WIF) on the day timeframe chart. The price structure displayed a remarkable 1102% increase in WIF price from $0.389 on February 26th, 2024, to $4.820 by March 31st, 2024. However, the peak formed instability in dogwifhat price and led to the development of support at $2.3119 after dipping to $1.96 by April 13th, 2024....
Bittensor (TAO) has delivered extraordinary returns to investors, soaring over 1600% and reaching a peak of $755.02 between October 2023 and March 2024. However, after hitting this all-time high, TAO encountered resistance in a supply zone, preventing further gains beyond $755.02. This led to a significant profit-taking phase, resulting in a retracement of more...
In the past 24 hours, as of writing, AAVE pierced 14% higher in intraday. The boost has led to cracking the long-served range's upper border of $115. As of writing, it had traded at $129.05. The AAVE price thrust has beaten the dynamic hurdles of 50-day and 200-day EMA bands. AAVE's past 7 days’ gains of more than 36% from the $90 support and coinciding...
In Arweave, from July 5th onwards, a bullish spell was witnessed in resonance with the larger market after a significant decline was seen earlier. But that try of the bull was brief, lasting until July 21st, 2024, up to the $34.52 mark. The significant interruption level at $34.52 stopped bullish acceleration by limiting the gains up to 70% only. Thereon, the...
The AMP price has been on a downward trend since March 2024, following a peak at $0.01690. Recently, AMP has been forming what appears to be a falling wedge on the daily chart, which is typically a bullish pattern. For this pattern to trigger a significant upward movement, AMP needs to sustain its price above both the 50-day and 200-day EMA levels and surpass...
This bearish downward trend began in March 2024. This happened after its price reached a swing high of $0.01690. Since that peak, the asset has been continuously declining. It most likely appeared as a breakdown of a bearish pattern, precisely the ascending wedge pattern. AMP has experienced a sustained downtrend. Again, this looked like the development of a...
In the past 45 days, the breakout out of the falling wedge had led HNT price to grow by more than 145%, where at press time, it traded at $7.136. In the past, the Helium (HNT) had a robust bull run from the last quarter of 2023 and the first quarter of 2024. This took its price reached to a swing high of $11.16 from the low of $1.36. However, the peak invited...
At press time, the price has traaded 3% down in intraday, but stayed 17% positive this week. The price structure was mostly bearish after peaking by the end of the first quarter of 2024. The MACD has shown a bullish cross, with a histogram at 0.0102, and the RSI has taken support from 36.59, which was at 46.99. Therefore, the resistance lies at $0.439 and...
By the first quarter of 2024, RUNE had surged over 1200%, climbing from a crucial support level of $0.833 to $11.474 from the end of the last quarter of 2023. However, the momentum fizzled out, and by August 5, 2024, the price had dropped nearly 65%. This sharp decline resulted in the formation of a descending wedge, narrowing the price range. Recently, the...
The ace in the list had 18.47% growth this week, where the price traded at $0.0002904. Earlier, the trend had been a downtrend. In the SATS price, entire trading activity had occurred in a channel, where the past 42 days of price activity had led to the falling wedge's breakout. The breakout was confirmed when the price pierced the upper border after July 15th,...
This bearish downward trend began in March 2024, after its price reached a swing high of $14.505, from an ascending wedge developed in the last quarter of 2023 and the first quarter of 2024. Since that peak, the asset has been in a continuous decline, which most likely appears as a breakdown of a bearish pattern, precisely the ascending wedge pattern. ATOM has...
Over the daily chart, the price has built a yearly high of $112 by April 1st, 2024. The price of LTC fell, which formed a support this month at a historically proven support zone of $50, after dipping as low as $49.90 by August 5th. Last two weeks the price of LTC processed gains of more than 32%. It traded at $65.48, with intraday growth of nearly 4%. The price...
Before MKR's price recently bounced back to $2,097, the asset price had experienced an approx 40% decline, dropping as low as $1,714. This witnessed a consistent decline in the MKR price over the last few weeks, followed by a lower low swing on the chart. As per the earlier price structure, the continued degradation occurred from the second quarter. Likewise,...
The Chainlink (LINK) overall trend is a bearish trend, as the prices are below the 50-day and 200-day EMA bands. There is mixed logic that has created uncertainty for its future price movement. However, the price is above the demand zone and shows a bullish presence on it. Likewise, the MACD has formed a bullish cross while the RSI has also pierced 14-SMA from...
The RUNE had manifested gains of more than 1200% by the first quarter of 2024 from the last quarter of 2023. The RUNE gained this heightened gains from the critical support of $0.833 to $11.474. But, thereon, the accelerated gains in RUNE lost fuel, which led to a deceleration of gains. The price plummeted nearly 70% of gains by August 5th, 2024. Overall, this...