Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. EOS’s descent below the $3.6-mark gave the sellers enough thrust to cause a breakdown below $1. The alt has struggled to find a position above the near-term EMAs until recently. During this phase, EOS […]
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.
During this phase, EOS witnessed two rectangles whilst finding fresher lows on its chart. The recent bullish break above the EMAs could help the buyers continue their spree in the coming sessions. At press time, EOS traded at $1.23, up by 7.7% in the last 24 hours.The 20 EMA subdued the buying efforts for nearly three months. As the selling pressure started to mount, EOS saw a mid-June rectangle bottom breakdown that reignited the bearish inclinations.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Assessing if MATIC bulls can accommodate another 10% rally after this bullish crossoverDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. MATIC buyers ultimately gathered enough thrust to propel a bullish flip on the EMA ribbons over the last week. After witnessing a solid buying spree, the alt floated above the 38.2% Fibonacci level. Bulls […]
Read more »
Bullish on Boralex Inc.A technical look at the stock
Read more »
FLOW rides on a strong bullish wave as the alt attempts recovery to May support levelsWith the crypto bulls back in swing, gains can be seen across the crypto spectrum, including those native to NFT-focused networks. FLOW happens to be in this category and a look at its price action has so far bounced back 65% from the bottom of its latest bearish cycle. Despite its latest upside, FLOW still […]
Read more »
XRP flips $0.35 to support but could the bullish move have reached its apex?Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin [BTC] faced resistance at the $24.2k mark and the bulls were rebuffed in their attempt to drive prices higher. Heading into the weekend, Bitcoin was struggling to climb back above the $23.6k area. […]
Read more »
APE turtle traders can consider these metrics before buying breakoutsAPE holders had a pleasant period since mid-July courtesy of the bullish market conditions. The cryptocurrency achieved a strong upside on 13 July, which was enough to propel it back above its lowest price point in May. APE’s latest rally builds on its previous relief uptick that it achieved in mid-June. The collective bullish performance […]
Read more »
![Can Bitcoin [BTC]’s movement above realized price fizzle out based on market sentiment?](https://i.headtopics.com/images/2022/7/23/cryptoamb/can-bitcoin-btc-s-movement-above-realized-price-fizzle-out-based-on-market-sentiment-1550851484681732101.webp?w=640)
Can Bitcoin [BTC]’s movement above realized price fizzle out based on market sentiment?The broader recovery of the crypto market in July has taken a new turn recently. Bitcoin [BTC] is effectively leading the charge with the latest bullish activity. However, suspicious whale movements have raised a few eyebrows in the market that have instilled FUD sentiment in the community. Another day, another drama Bitcoin has been fluctuating […]
Read more »