Luckaton Launches $LUKT Token Presale: Next Big Opportunity in 100x Stake-to-Earn Blockchain Gaming – Guest Post Syndicated
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Cardano's (ADA) price continued to rise after the July 13 rally. Altcoins rose to a peak of $0.4568, but then paused. ADA price analysis from CryptoGuestPosts.
The positive momentum of buyers was unable to continue above the resistance zone of $0.46. The cryptocurrency is currently trading above moving averages, but below its $0.46 high. The cryptocurrency will reach its $0.52 high if the current resistance is broken.
Cardano is at risk of a fall if the bears breach the moving average line. Altcoins continue to fluctuate between $0.32 and $0.466. ADA is currently trading at $0.44.
Since July 13, the price bars are above the moving-average lines. This shows that the trend is positive and the ADA could continue to rise. Price movement is characterized as small, indecisive candles that dominate price action.
ey resistance Zones: $0.80 ($0.85, $0.90)
Support Zones for Key Dollar Values: $0.50, $0.45, and $0.40
Cardano's 4-hour chart shows a sideways movement after the trend stopped at $0.46. The bullish momentum, which peaked at the high of July 13, has been halted. Since then, the altcoin has fluctuated above the moving-average lines. Due to doji candles delaying price movement, the uptrend is uncertain.
The price of cryptocurrency fell between moving average lines after the July 1st rise. The uptrend, however, was short-lived, as it met resistance at the moving average 50-day line, as previously reported by CryptoGuestPosts.
Disclaimer. This analysis and forecast is the personal opinion of the author. It does not constitute a recommendation for the purchase or sale of cryptocurrency, and should not therefore be considered as an endorsement from CryptoGuestPosts. Before investing in funds, readers should conduct their own research.
The price of Solana has increased but is still trapped between the moving-average lines. Coinidol.com provides a cryptocurrency price analysis.
The cryptocurrency is struggling to resume its trend between the moving-average lines. The price of altcoins has been fluctuating between $130 to $150 since June 27. On July 3, buyers failed to keep the price above 50-day SMA. Solana hit a low price of $127, but then recovered. The altcoin trades above the 21-day SMA but below the resistance of the 50-day SMA. The value of the cryptocurrency will remain in a range for a couple more days. Solana's uptrend will resume once it crosses above the 50-day SMA. It is currently trading for $141.
The price bars of Solana have returned to moving average lines. The 50-day SMA, or high of $155 has been a barrier to the upward moves. Moving average lines remained horizontal throughout the sideways movement.
Key supply zones: $200, $220, $240
Demand zones for $120, $100 and $80
Solana is still in an upward correction, and it continues to rise between the moving-average lines. On the daily chart the price of cryptocurrency has crossed over the 21-day SMA two times but failed to sustain itself above the 50-day SMA. Solana is currently rising and has reached the resistance level at $155. If the altcoin breaks above the resistance, it will reach a high of $188. Otherwise, the movement will be range bound between the moving average line.
Disclaimer. Disclaimer. This analysis and forecast is the personal opinion of the author. These are not recommendations to buy or trade cryptocurrency, and should not be seen as endorsements by Coinidol. Before investing in funds, readers should conduct their own research.
After a drop in price on June 24, Bitcoin's (BTC) value is now consolidating above the psychological threshold of $60.000.
The long tail of the candlestick on June 24 indicates a significant amount of buying pressure in the lower price range. The biggest cryptocurrency is consolidating within a narrow price range of $60,000 to $63,000. Both bulls and bears compete for control of the price.
If the bears breach the current support level of $60,000 then Bitcoin will drop to a minimum of $56,710. The bearish momentum is expected to extend up to the psychological threshold of $50,000.
Bitcoin's positive trend will continue if buyers maintain the price above moving average lines, and the $66,000 resistance level.
BTC's price has been trapped in a moving average on the 4-hour chart for the past 48 hours. The bears could resume their selling pressure now that they have broken down below the SMA of 21 days. The cryptocurrency will move lower if the bears breach the psychological price level.
Key Resistance Levels - $70,000 $80,000
Key Support Levels - $50,000 and $40,000.
The chart for the 4-hour period shows that Bitcoin trades in a tight range between $59,000 to $62,000. Bitcoin is trading above the current support of $60,000. Bitcoin will continue to fall if the support level at $60,000 is lost.
Bitcoin's price fell below $64,000 on June 27, causing the largest cryptocurrency, Bitcoin, to reach a low of over $58,555. This was reported by CryptoGuestPosts.
Disclaimer. Disclaimer. This analysis and forecast is the personal opinion of the author. These are not recommendations to buy or trade cryptocurrency, and should not be seen as endorsements by CryptoGuestPosts. Before investing in funds, readers should conduct their own research.
Solana (SOL), continues to trade above the $128 support, but below the $180 resistance. CryptoGuestPosts provides a price analysis.
Solana Price Long-term Outlook: Bearish
The $180 barrier has stopped the upward trend twice. The cryptocurrency is trading under the moving average but above the $128 resistance. The upward movement begins if buyers maintain the price above moving average lines, or $180 resistance.
Solana's price is currently rising above its current support level of $128. Solana's price could drop if bears breach the $128 support level. Altcoins will crash to their previous lows of $116. Solana was trading at $138 when this article was written.
After the rejection of $180, the cryptocurrency's price bars have fallen below the moving-average lines. Solana is therefore at risk of further decline. The altcoin is now above the $128 support level. The future of cryptocurrency prices is unknown.
Important Supply Zones: $200, $220 and $240
Important demand zones: $120, $100, $80
Solana's 4-hour chart shows a series lower highs, and lower lows after its rejection at $175. Altcoin dropped to $128 and then rebounded. SOL bounces as it approaches $126. The crypto signal is showing a sideways movement.
Disclaimer. This analysis and forecast is the personal opinion of the author. It does not constitute a recommendation for the purchase or sale of cryptocurrency, and should not therefore be considered as a endorsement by CryptoGuestPosts.com. Before investing in funds, readers should conduct their own research.