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Showing posts with the label moving averages

Algorand Price Prediction for Today, December 30 – ALGO Technical Analysis

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The Algorand price prediction shows that ALGO adds a tremendous 5.70% gain as the coin hits the resistance level of $0.343. Algorand Prediction Data: Algorand price now – $0.343 Algorand market cap – $2.84 billion Algorand circulating supply – 8.33 billion Algorand total supply – 10 billion Algorand Coinmarketcap ranking – #48 ALGO’s journey in the crypto space highlights the potential rewards of strategic timing and patience. Trading between $0.311 and $0.3415 in the past 24 hours, ALGO has seen significant milestones, including an all-time high of $3.28 on June 21, 2019, and an all-time low of $0.08761 on September 11, 2023. Since its low, ALGO has surged by an impressive +289.74%, showcasing its resilience and growth potential despite currently trading 89.59% below its peak. This performance underscores the opportunities for those who recognize value early in the volatile crypto market. ALGO/USD Market Key Levels: Resistance levels: $0....

Is It Too Late To Buy COW? CoW Protocol Price Surges 67% In A Week And This Might Be The Next Crypto To Explode

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The CoW Protocol price surged 67% in the last week and 10% in the last 24 hours to trade at $1.138 as of 9:21 p.m. EST on trading volume that soared 35% to $187 million, according to CoinGecko. CoW Protocol Price On A Sustained Bullish Rally The CoW Protocol price Analysis on the 4-hour chart demonstrates a strong bullish trajectory in recent price action. The price of CoW Protocol successfully formed a rounding bottom pattern after a prolonged consolidation phase characterized by sideways movement around the $0.7 support zone. This classic bullish reversal pattern suggests continuing the upward trend once the breakout occurs. The breakout above $0.9, which coincides with the rounding bottom’s neckline, confirmed the pattern and led to a sharp rally towards $1.23, marking the current local high. The support at $0.7 (highlighted by the red zone) acted as a critical demand area, as evident from multiple rebounds off this level. Moreover, the 50-day Simple Moving Average (SMA)...

Dogecoin Price Prediction for Today, November 23 – DOGE Technical Analysis

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The Dogecoin price prediction renews the bullish trend after touching the 9-day moving average and hitting a daily high of $0.406. Dogecoin Prediction Statistics Data: Dogecoin price now – $0.430 Dogecoin market cap – $58.77 billion Dogecoin circulating supply – $146.90 billion Dogecoin total supply – $146.90 billion Dogecoin Coinmarketcap ranking – #7 Dogecoin (DOGE) is a prime example of the rewards of early involvement in crypto projects. Trading between $0.3815 and $0.4159 in the past 24 hours, DOGE remains significantly below its all-time high of $0.7376 (May 8, 2021). However, its meteoric rise from an all-time low of $0.00008547 (May 7, 2015) to current levels represents a staggering 464,612.9% increase, showcasing the potential of spotting and holding promising projects early. Despite being 46.15% below its peak, DOGE’s growth story emphasizes why timing and patience are crucial in the crypto space. DOGE/USD Market Key Levels: Resi...

Shiba Inu Price Prediction: SHIB Soars 11%, But Traders Turn To This PEPE 2.0 For 1000X Potential

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The Shiba Inu price has soared 11% in the last 24 hours to trade at $0.00001874 as of 7:30 a.m. EST on a 173% pump in trading volume to $938 million Shiba Inu Price May Encounter Resistance: Bearish Reversal Ahead? The Shiba Inu price action reveals a “Head and Shoulders” pattern, signaling a possible bearish reversal. The pattern shows an initial price peak around $0.000925, followed by a rise to the Head’s peak at approximately $0.001020, marking the highest point. Subsequently, the price declined, leading to the formation of the Right Shoulder, which reached around $0.000950 before pulling back again. If confirmed, this pattern could indicate a bearish reversal ahead. The Neckline Support, marked at approximately $0.000880, is critical to watch because it connects the shoulders and head dips. If the price breaks below this neckline support, it would confirm the bearish reversal and could lead to a deeper decline. SHIBUSD Analysis Source: Tradingview ...