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Showing posts with the label bullish movement

Bitcoin Price Prediction for Today, October 30: BTC/USD Gets Ready to Hit $21,000

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As the Bitcoin price prediction shoots above $20,500, the bulls are ready to push the king coin to touch the resistance level of $21,000. Bitcoin Prediction Statistics Data: Bitcoin price now – $20,656 Bitcoin market cap – $396.9 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $24,000, $25,000, $26,000 Support Levels: $18,000, $17,000, $16,000 BTC/USD is following a bullish movement at the time of writing as the king coin may continue to increase above the 9-day and 21-day moving averages. At the beginning of today’s trading, the Bitcoin price touches the $20,939 resistance level . Bitcoin Price Prediction: BTC Price Heads to the Upside The Bitcoin price is seen moving positively as the king coin trades above the 9-day and 21-day moving averages. However, any further increase in the bul...

Dash Price Prediction for Today, October 29: DASH Breaks Up $42 Level Targeting $45 Level

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Join Our Telegram channel to stay up to date on breaking news coverage Buyers’ momentum is high in Dash market DASH Price Analysis – October 29 More pressure from the buyers will increase the price to $45 level, and may penetrate the level, move Dash towards $48 level and above it, there is a barrier at $50 resistance level. In case the bears defend the resistance level of $45, price may decline and face the support level of $42, which may decrease to $39 and $32. DASH/USD Market Key Levels: Resistance levels: $45, $48, $50 Support levels: $42, $39, $32 DASH/USD Long-term Trend: Bullish DASH is on the bullish movement in the long-term outlook. The long time ranging movement was putted to an end today. Bulls were able to push the Crypto above the resistance level of $42 with a strong momentum . The daily strong bullish candle formed on the daily time frame and the coin is exposes to the resistance level of $45. There is tendency for further price increase and...

Polkadot Price Prediction for Today, October 25: DOT May Commence Bullish Trend

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An increase in bullish momentum in Polkadot market DOTUSD Price Analysis – October 25 The crypto may increase further and test the resistance level of $6.7. A breakout at the mentioned resistance level may push the price towards the resistance level of $7.6 and $8.3. Alternatively, an increase in the sellers’ momentum may push Polkadot below $6.0 which may reduce it to $5.6 and $4. 0 support levels . DOT/USD Market Key levels: Resistance levels 6.7, 7.6, $8.3 Support levels: $6.0, $5.6, $4.0 DOTUSD Long-term Trend: Bearish On the long-term outlook, DOTUSD is on the bearish movement. The momentum of sellers was increasing more than that of buyers last week. That is what terminated the ranging movement the crypto embarked. The support level of $6.0 was broken downside and tested the $5.6 level. At the moment, the buyers dominate the market with the formation of daily strong bullish candle. The price is risen above $6.0 level. The fast Moving Average (9 periods EM...

Ripple Price Prediction for Today, October 22: XRP/USD Yet to Touch $0.50 Resistance

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The Ripple price prediction has not been able to develop the upside momentum above $0.50 as the coin range-bounds within the market. Ripple Price Statistics Data: Ripple price now – $0.46 Ripple market cap – $23.1 billion Ripple circulating supply – 49.8 billion Ripple total supply – 99.9 billion Ripple Coinmarketcap ranking – #6 XRP/USD Market Key Levels: Resistance levels: $0.60, $0.65, $0.70 Support levels: $0.35, $0.30, $0.25 XRP/USD touches the resistance level of $0.46 at the opening of the market today , but the coin failed to cross above the 21-day moving average as it quickly retreated towards $0.45 support. Nonetheless, Ripple (XRP) may begin to move sideways which could limit its bullish movement s below the 9-day and 21-day moving averages. Ripple Price Prediction: What could be the Next Direction? As revealed by the daily chart, the Ripple price may begin to follow the same direction as the coin moves toward the east. However, ...

Ripple (XRPUSD) Price Prediction: Potential Bearish Reversal Zone Tested

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Sellers may take over Ripple market Further increase in the bears’ momentum may result to the breakdown of the support level of $0.50, which may leads to further price reduction to $0.47 and $0.45 levels. In case the Bulls break up the resistance level of $0.52, it may increase Ripple to $0.56 and $0.58 levels. XRPUSD Price Analysis – October 10 Key Levels: Supply levels: $0.52, $0.56, $0.58 Demand levels: $0.50, $0.47, $0.45 XRP/USD Price Medium-term Trend: Bullish XRP/USD is bullish on the medium-term outlook. The crypto is on the strong bullish movement . The bullish trend commenced when the price action formed a “W” chart pattern at $0.28 support level. It is a bullish pattern and that is why the price soars towards north. The trend made former resistance levels turned to support levels. The resistance level of $0.56 is already tested. The price pulled back to retest the support level of $0.47. Buyers returned to the market with force. At the moment...