Chain News by Thebittimes.Com

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...

Join Our Telegram channel to stay up to date on breaking news coverage The Sellers’ momentum is increasing in Dogecoin market DOGEUSD Price Analysis – October 24 When the sellers’ pressure increase, price may decrease to $0.55, the level may be broken downside and the support levels of $0.050 and $0.45 level may be reached.  In case the support level of $0.055 holds, Dogecoin may bounce up and face the resistance level at $0.060, which may extend to $0.066 and $0.072 DOGEUSD Market Key levels: Resistance levels: $0.060, $0.066, $0.072 Support levels: $0.055, $0.050, $0.45   DOGEUSD Long-term Trend: Bearish Dogecoin is bearish in the daily chart. The resistance level of $0.066 was tested on 04 October. This is the second time of testing the level mentioned in order to complete cup with handle chart pattern formed. Sellers defended the resistance level of $0.066. The price declined accordingly. The former support level of $0.066 was penetrated a...