Posts

Showing posts with the label bearish trend

Dogecoin Holds Key Support: A Demand Spike Could Trigger A Rally

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

MAGA Price Prediction: TRUMP Plunges 12% As Investors Flock To This Rival PolitiFi Token Offering 1,188% Staking APY

Image
The MAGA price plunged 12% in the last 24 hours to trade at $3.66 as of 00:43 a.m. EST on trading volume that plunged 35% to $13.8 million. MAGA Price On A Bearish Trend The MAGA price chart shows an uptrend that has recently entered a corrective phase. The price showed a strong rally in mid-October, but resistance was encountered around the $5.0 level, according to data from GeckoTerminal . Since then, it appears to be correcting downwards. The price of MAGA has now dropped below the 200-day Simple Moving Average (SMA) but still trades above the 50-day SMA, which shows that TRUMP could go through a surge in the short term. Moreover, the Relative Strength Index (RSI) is at 42.05, which is in the lower half of the range but not yet oversold. This neutral-to-slightly bearish level indicates mild selling pressure without being in oversold territory. A break below 30 would indicate oversold conditions, potentially a signal that a bounce or reversal could follow. If the current bearis...

Dogwifhat Price Plunges 6% As This New Vote-To-Earn Meme Coin Rival Charges Towards $1 Million In Presale

Image
The Dogwifhat price plunged over 6% in the last 24 hours to trade at $2.33 as of 11:30 p.m. EST. This recent drop in the WIF price could be the result of some traders realizing their profits from the crypto’s strong performance over the last month. Despite the recent pullback, CoinMarketCap data shows that the meme coin is in the green by more than 40% over the last 30 days. Dogwifhat Price About To Test Key Support 4-hour chart for WIF/USD (Source: GeckoTerminal ) The Dogwifhat price is approaching the support level at $2.2418. A break below this technical safety net could open up the risk of the meme coin plunging to the subsequent mark at $1.9443 in the following 24 hours. However, WIF maintaining a position above $2.2418 for the next 12 hours could stop the bearish move in its tracks. In this alternative scenario, the Dogwifhat price might rebound and try to break above the $2.5394 resistance. Overcoming this obstacle could then give the crypto the room needed to poten...

Solana Price Dips 3% As Solayer Raises $12 Million In Funding, And Experts Say Consider This Other SOL Meme Coin For 895% Returns

Image
The Solana price dropped 3% in the last 24 hours to trade at $144.78 as of 04:22 a.m. EST on trading volume that plunged 19% to $2.5 billion. This comes despite Solayer raising $12 million in a funding round led by Polychain Capital to advance its integrated restaking network on the Solana blockchain. The initiative aims to address Solana’s scalability and transaction inclusion challenges by leveraging a novel approach to staking and network bandwidth optimization. Solana Price On A Bearish Trend – Possible Rebound? Since mid-August, the Solana price has been in a consolidation phase, as SOL traded within the $148.61 resistance and the $137.42 support level, according to data from GeckoTerminal . The bulls were able to break out above the sideways pattern to the $162 resistance before retracing back to the $143 support. SOL then formed a rounding top pattern, as the bears aim to exert more pressure on the price. The price of Solana now trades below both the 50-day and...