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Showing posts with the label trend

Macro Uptrend in Sight for Solana (SOL) and One Leading Memecoin, According to Analyst – Here’s His Forecast

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Solana (SOL) could be on the verge of a macro up trend , according to one popular crypto analyst. The pseudonymous trader known as Rekt Capital tells his 483,100 followers on the social media platform X that the Ethereum (ETH) competitor has performed a “green circled weekly candle close.” “Successful retest of the red area as new support could enable trend continuation to the upside over time.” Source: Rekt Capital SOL is trading at $172.20 at time of writing. The 5th-ranked crypto asset by market cap is down more than 3% in the past 24 hours but up more than 6% in the last week. Rekt also says the top meme asset Dogecoin (DOGE) broke its macro down trend “months ago.” “And since then, DOGE has been successfully retesting the Macro Down trend as new support. Successful retest here would fully confirm the end of the Macro Down trend and the beginning of a new Macro Up trend .” Source: Rekt Capital DOGE is t...

Dogecoin Traded Below The Resistance Level In Anticipation Of An Uptrend

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Apr 10, 2024 at 10:23 // Price Author Coin Idol The price of Dogecoin (DOGE) has dropped to the $0.188 level. Dogecoin price long-term forecast: bullish DOGE has every chance of testing the $0.23 resistance zone for the fourth time. On the upside, DOGE could reach a high of $0.30 if the $0.23 resistance is broken. The current range between the 21-day SMA and the $0.23 high will hold if DOGE is unable to break above the recent high. In the negative price scenario, DOGE will fall below the moving average lines and move to a low of $0.12. Dogecoi...

Polygon’s Uptrend Continues As It Reaches The $0.95 Level Again

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Dec 12, 2023 at 11:02 // Price Author Coin Idol The price of Polygon (MATIC) is stuck at $0.95. The recent high has fended off the upward correction twice. Polygon price long term prediction: ranging The cryptocurrency has recovered from its previous decline, but the up trend came to an end on November 14. Polygon was forced into a sideways trend by the end of the up trend . The price of the altcoin is currently fluctuating between $0.75 and $0.95. Buyers could push the price to a high of $1.20 if they break through the $0.95 level. If the bears breach the ...