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Showing posts with the label bearish move

Battle Infinity Price Prediction for Today, October 26: IBATUSD to Face Heavy Bounce Soon, Targeting $0.400 Supply Mark

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Battle Infinity Price Forecast: IBATUSD Targeting $0.400 Supply Mark (October 26) The IBATUSD is in a bearish move at the present. The crypto market continues to struggle as another interest hike is expected soon as the market is oversold now. Moreover, this support also acts as a neckline barrier for a descending triangle pattern, and a reversal from it triggers a new bull cycle within this pattern. Thus, a pullback from the $0.003004 low value will bolster this bullish thesis and push the price 85% higher to hit the $0.400 res mark. IBAT (USD) Long-term Trend: Bearish (1H) Analyzing the chart below, we can see clearly that the IBATUSD pair is in a bearish market zone. The price currently trades below the two EMAs. Earlier today, the buy traders made an increase to a $0.003061 high value after which the interference from sell traders now dropped the price down to a low at the $0.003004 level. Thus, traders who buy the coin during a massive bearish market will also make profits an...

Axie Infinity Price Prediction for Today, October 23: The Bears’ Market

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The $13.123 resistance has been a major price limit since the middle of September. Axie Infinity had been trending downwards since the 10th of September until bullish support hindered the price   from falling any further and made the market range at the $12. 427 price level . The expectation, as the buyers are becoming stronger, was that the price would break out in an upward way. However, at the end of the consolidation period on the 5th of October, the price breaks in a downward direction instead. Axie Infinity Market Price Statistic: AXS/USD price now: $8.682 AXS/USD market cap: $864,443,388 AXS/USD circulating supply: 96,842,452.84 AXS/USD total supply: 270,000,000 AXS/USD coin market ranking: #54 Key Levels Resistance: $8.500, $8.000, $7.500   Support: $10.000, $10.500, $11.000 Axie Infinity Market Price Analysis: The Indicators’ Point of View From the 15th to the 17th of October, the buyers tried to salvage the price from the downward slide...