Tag: Technical Analysis

Polygon (MATIC) price broke the short-term pattern but is still trading above the horizontal support area.

Djed, the first algorithmic stablecoin of layer-1 Cardano, has officially entered the mainnet after more than a year of incubation and development.

Crypto.com (CRO) broke the descending resistance line despite bearish news.

Litecoin (LTC) price broke out above the $72.50 resistance area on Jan. 2. This can be seen as a bullish trend.

Solana (SOL) has disappeared from the list of the top 10 cryptocurrencies by market capitalization for a few weeks. Although Solana failed to impress investors, its NFT ecosystem is showing many positive signs.

Polkadot (DOT) price has continued to paint a lot of red as the price keeps dipping by the day. There is a confluence of resistance levels at $6.80. Whether DOT price breaks out or is rejected there will determine its future trend.

Polygon (MATIC) price is trading above the long-term horizontal support area at $0.80. However, the lack of conviction from the price action and the RSI show unclear future movements.

Cryptory.net - The candlestick chart shows that XRP has printed the second-worst weekly candles since May and was down more than a third of its market value last week.

ETH is one of the most notable Altcoins in November 2022, with its price breaking out above a descending parallel channel and approaching the critical resistance area at $1,710.