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Showing posts with the label technical analysis

Ethereum Price Prediction for Today, October 30: ETH Could Fall

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ETH Could Fall – October 30 The crypto economy could fall soon between the trading values of $1,750 and $1,450, according to the strength of the ETH/USD market indicator. The price is currently trading at $1,605.85 with a minute average rate of 0.90%. ETH Could Fall: ETH Market Key Levels: Resistance levels: $1,750, $1,850, $1,950 Support levels: $1,450, $1,350, $1,250 ETH/USD – Daily Chart The appearance of a bearish candlestick below the trading barrier level of $1,750 on the ETH/USD daily chart indicates that the crypto market could fall soon. A 1-hour chart in the short term will provide an early outlook of getting sell orders at a high point around the value line. The 14-day SMA indicator is at $1,414.34, underneath the $1,497.55 value line of the 50-day SMA indicator. The horizontal drawn at the $1,250 support line shows the actual pivotal line the market has to keep against any downward force that can emanate in the subsequent trading sessions. The Stochastic Os...

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After a turbulent summer , the “Crypto Winter” has begun, as volatility in the market remains rife, with prices of tokens fluctuating on a daily basis . Recent moves have seen bitcoin (BTC) move below $20,000, with ethereum (ETH) dropping under $1,200 as market sentiment has shifted. This shift has come as a result of the rise in consumer prices, with global inflation currently tracking at its highest level in several decades. Central banks have moved to tackle the crisis by increasing interest rates, which has then impacted investors, and their appetite for risk. As it may be difficult to sometimes understand these fundamentals, we at Bitcoin.com News also focus on Technical Analysis , exploring the charts, and daily price movements. In order to continue to keep up to date with the latest goings- on in the space, with in-depth Analysis on a variety of tokens, we invite you to subscribe to our weekly newsletter . With nearly 1,500 subscribers, we explore the bigges...

Universal Market Price Prediction: UMA Makes a Spike

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Join Our Telegram channel to stay up to date on breaking news coverage Universal Market Price Prediction – October 13 The declining force has featured in a manner producing smaller-lower lows that have reached a point of exhaustion in the UMA/USD market operation as the crypto-trade makes a spike closely over the $2 trading line . The all-time low and high-value points are $1.16 and $43.37 since about two years of operations. UMA Price Statistics: UMA price now – $2.24 UMA market cap – $152.2 UMA circulating supply – 68.95 million UMA total supply – 108.9 million Coinmarketcap ranking – #148 UMA/USD Market Key Levels: Resistance levels: $3, $3.50, 44 Support levels: $2, $1.50, $1 UMA/USD Daily Chart The UMA/USD daily chart reveals the market makes a spike from a near zone above the horizontal line drawn at the $2 support level. The 14-day SMA indicator is at $2.35 point, underneath the $2.78 value line of the 50-day SMA indicator. A candles...