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Showing posts with the label bearish momentum

4 Best Cryptos to Buy Now October 24: CSPR, APT, TAMA and IMPT

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Join Our Telegram channel to stay up to date on breaking news coverage The bearish momentum in the cryptocurrency market has been declining recently . The change is seen much more on some coins compared to others. Nevertheless, some coins, such as CSPR and Aptos, have been gaining buying momentum these days as they keep rallying upward . Tamadoge recently breached the old low on the hourly chart. While it appears that the bulls are interested in keeping the price soaring higher, a correction into one of the bullish order blocks might be necessary for the upward trend to continue. Casper (CSPR/USD) Before the bounce off the $0.0220 support level, CSPR/USD declined massively in April 2022 into an oversold region in June. The failure swing formed as a result of the bulls’ intention to change the market’s environment to an uptrend. Currently, the market is correcting downward in response to the RSI’s indication. This correction is expected to end in either of t...

Ren Price Prediction for 7th of October: Bears Fail To Hinder The Bullish Progress

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Join Our Telegram channel to stay up to date on breaking news coverage The overall market performance of REN/USD from August to the 22nd of September forms a descending triangle candlestick trend pattern. This, when it forms, means the trend will soon reverse in the bullish direction. As the formation reached its peak (that is on the 22nd of September), a bullish engulfing candle pattern appeared on the chart. As expected, a bullish trend ensued. As the bullish trend progresses, strong bearish pressure can be felt as the bullish market progresses Ren Market Price Statistic: REN/USD price now: $0.1306 REN/USD market cap: $130,516,050 REN/USD circulating supply:999,037,500  REN/USD total supply: 999,999,633 REN/USD coin market ranking: #160 Key Levels Resistance: $0.1400, $0.1500, $0.1600 Support: $0.1300, $0.1200, $0.1100   Buy Ren Now   Your capital is at risk Ren Market Price Analysis: The Indicators’ Point of View In yesterday’s marke...