Analysis Crypto by Thebittimes.Com

The bears are dominating Shiba Inu SHIBUSD Price Analysis – August 25 In case the bulls defend the support level of $0.000012,Shiba Inu may reverse and penetrate $0.000013 upside, $0.000014 and $0.000015 may be reached. Further increase in the bears’ momentum may break down $0.000012, $0.000011 support levels and the support level of $0.000010 may be tested. Key levels: Resistance levels: $0.000013, $0.000014, $0.000015 Support levels: $0.000012, $0.000011, $0.000010   SHIBUSD Long-term Trend:  Bearish SHIBUSD is on the bearish movement on the daily chart . On August 17, the bullish momentum pushed the price higher to the resistance level of $0.000017 when bulls dominated the Shiba Inu market last two weeks. Bears reacted against this increase and a strong daily bearish candle formed which made the coin decrease to $0.000012 support level. The price is consolidating around $0.000013 level. The fast Moving Average (9 periods EMA) remains above the ...

Seller’ pressure increases in Cardano market ADA Price Analysis – October 10 More pressure from the sellers may decrease the price to $0.41, $0.38 and $0.34 support levels. When buyers oppose sellers at the support level of $0.41, Cardano may increase to $0.42 which may be broken upside and $0.46 and $0.48 may be reached. ADA/USD Market Key Levels: Resistance levels: $0.42, $0.46, $0.48 Support levels: $0.41, $0.38, $0.34   ADA/USD Long-term Trend: Bearish Cardano is bearish on the daily chart. Last week, buyers tried to push the price higher when the crypto reached the support level of $0.42. Sellers refused to let the coin go. More bearish candles were produced and the price decline further.  The support level of $0.41 is tested in which it may be broken downside provided sellers exert more pressure Cardano retains its trading below the two dynamic support levels of 9 periods EMA and 21 periods EMA at close which connote a bearish movement. More pressu...