TRON Continues its upward trend after surpassing the $0.144 level
The price of TRON has gained momentum and surpassed the $0.144 resistance.
The price of cryptocurrency reached a peak on February 26 at $0.144. The $0.144 barrier has been a major obstacle for buyers in recent months. The $0.144 barrier forced altcoins to trade in ranges.
TRX long-term price prediction: bullish
TRON began its upward movement on August 19. TRON's signal price indicates that the upward movement will continue.
TRON's signal price has continued to move upward. A retraced body of a candle approached the Fibonacci 50% retracement during the July 8 rise. The retracement indicates that the price is likely to continue rising until it reaches $2.0 or $0.186, the Fibonacci extension high. Altcoin was worth $0.159 as of the writing.
TRON indicator reading
On August 14, the price bar of the daily chart re-appears above the moving average line. The horizontal moving-average lines are sloped upwards, which indicates an uptrend.
Technical Indicators
Key supply zones: $0.13. $0.14. $0.15
Key demand zones: $0.10 $0.09 $0.08
What's the next step for TRON?
The sideways TRON trend is broken, and the bulls are now able to break through the resistance above $0.144. Since July 13, TRON has been trading in a $0.11-$0.14 range. The bulls have broken through this range today and continue the uptrend of the cryptocurrency. TRON's price is expected to rise to a high of $0.18-$0.20.
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.
Polygon Jumps above $0.38 and Continues to Rise
Price analysis by CryptoGuestPosts. The price of Polygon’s Ecosystem Token has dropped to the bottom of chart. CryptoGuestPosts provides a price analysis.
Polygon Ecosystem Token long-term price forecast: bearish
POL reached a low of $0.335 on 5 August, reaching the oversold region of the market. Bulls have already purchased the dips, as altcoins correct higher. The cryptocurrency is unlikely to continue its downward trend. A retraced candles tested the Fibonacci line of 78.6% during the price drop on April 8.
POL is declining, but then reverses at the Fibonacci Extension level of $0.406 or $1.272. According to price activity, altcoins reached a low point of $0.335 and then rebounded. POL currently has a value of $0.42 as I write this.
POL Indicator Analysis
POL is in a bearish fatigue as the price bars are still below the moving-average lines following the pullback. On August 5, the large candlestick tail indicates strong buying pressure near the $0.335 resistance. Doji candlesticks are slowing down the price movement.
Technical Indicators
Resistance Levels: $1.20 $1.30 $1.40
Support Levels: $0.60, $0.40, $0.30
What's the next step for POL
Polygon is currently trading in a range. On August 5, the fall stopped above the $0.38 level of support. The altcoin oscillates between the $0.38 support level and the moving-average lines. The uptrend has hit a resistance level of $0.43. POL's uptrend will resume once it breaks over the moving average lines.
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.
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Solana slides towards the breakthrough level of $185
Price of Solana has been steadily rising and has now broken through $185 resistance. After seven days of fluctuation below the resistance level, Solana (SOL) broke through.
Bullish forecast for Solana's price over the long-term
The price of the cryptocurrency is nearing its predicted value of $200. Solana currently trades at $194 but is facing further rejection. The altcoin's price will reverse if it reaches the high of $202
If the altcoin is rejected above the overbought price, it could drop back to $170. After retreating to $189, the upside has encountered its first hurdle. If it maintains above the $185 resistance, positive momentum will return.
Solana Price Indicator Analysis
The price bars have broken the resistance of $185 and are now above the moving-average lines. Altcoins will continue to increase as long as 21-day SMA remains intact. Altcoin is dropping as it approaches overbought levels. The uptrend is likely to continue if the altcoin retraces, and remains above the moving-average lines.
Technical indicators
Key supply zones: $200, $220, $240
Demand zones: $120 ($100), $80
What's the next step for Solana?
Solana is now in the overbought zone of the market. The price of cryptocurrency has dropped and is now approaching the $185 breakout level. If the value of the cryptocurrency retraces, and remains above the $185 support level, then the upward movement will begin. Otherwise, there will be selling pressure.
CryptoGuestPosts stated that on July 23, the upward trend was expected to continue up to highs between $188 and $204.
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.com. Before investing in funds, readers should conduct their own research.
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Cardano Pauses below $0.46 and continues its ascent
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.
Cardano Price Forecast: Bullish Long-term
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.
Cardano Indicators: Analysis
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.
Technical Indicators
ey resistance Zones: $0.80 ($0.85, $0.90)
Support Zones for Key Dollar Values: $0.50, $0.45, and $0.40
What's the next step for Cardano cryptocurrency?
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.
Solana trades in a range as it challenges the high of $155
The price of Solana has increased but is still trapped between the moving-average lines. Coinidol.com provides a cryptocurrency price analysis.
Solana long-term forecast: bearish
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.
Solana price indicator analysis
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.
Technical Indicators
Key supply zones: $200, $220, $240
Demand zones for $120, $100 and $80
What's the next step for Solana?
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.