Altcoins

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    Litecoin (LTC) Ready for 40% Ascent but Bulls to Encounter Many Obstacles

    LTC price displays a triple bottom pattern on the 3-day chart, confirming a possible 40% increase. The 50, 100, and 200-day Simple Moving Averages plague Litecoin’s road at $157.04, $170.14, and $181.97, respectively. A decisive candle close under $103.82 will form a lower low, canceling the bullish narrative. Litecoin (LTC) displays a massive bullish setup…

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  • Cardano (ADA) Provides Buy Opportunity Before 40% Upswing

    Cardano price may offer a buying opportunity around the bottom support zones before bulls attempt to reverse the underperformance period. A vital technical indicator shows sellers exceeding buyers in the marketplace. ADA slicing past $1.39 may reveal a 40% price surge. Cardano (ADA) might drop to lower zones before bulls launch a recovery to alter…

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  • Algorand (ALGO) Reveals Bullish Pattern, Awaiting 25% Upsurge

    ALGO price lost 10% within 24 hours, setting up a triple bottom near $1.34. A rebound from the barrier might catalyze a 25% upswing towards the 4hr supply region that extends between $1.70 and $1.80. Breaching the $1.16 weekly support will violate the bullish case. Algorand (ALGO) has witnessed a substantial price fall within the…

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  • Ethereum (ETH) Tightens Grip Past 4K, Suggesting More Upside

    ETH managed to conquer the resistance levels of $4,000 and $4,050. The alt trades well beyond the 100-Hr Simple Moving Average and $4,000 mark. The ETH/USD hour chart showed a break past a vital contracting triangle with $3,960 resistance (Kraken data feed). The pair has to maintain above $4,000 for continuous upward moves in the…

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  • Sandbox, MATIC, Polkadot Price Analysis – December 18

    The fear sentiment in the crypto space heightened as Bitcoin struggled around the $47,000 level. Despite that, SAND and MATIC secured daily gains on price charts amid increased short-term buying pressure. However, Polkadot bulls failed to flip the broad trend as DOT flashed weak short-term technical indications. Polkadot (DOT) Polkadot maintained a downward revolution after…

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  • Polygon (MATIC) Bears Dominate, $1.75 Materializes

    Polygon (MATIC) has plunged nearly 3% within the past day and waver in a 2nd consecutive bearish session near $2.033. Meanwhile, MATIC’s trading volume declined by 28.77%, hovering at $2,138,406,422 today. Reducing trading volume isn’t a lucrative signal for MATIC bulls as it indicates deeper price retracements. Polygon Price Might Lose 14% to $1.75 MATIC/USD…

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  • Sandbox (SAND) Fails to Form Higher High, Contemplating a 20% Drop

    Sandbox price tried to form a swing high beyond $5.65 but failed. The resulting downward move might shatter the support level at $4.76, revisiting the barrier at $3.88. The bearish outlook will fade if SAND bulls push the coin to form a higher high beyond $5.65. Sandbox (SAND) price failed to breakout to the upside…

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  • Regulators Dent Crypto Markets – Bitcoin and Other Cryptos Tumble

    Cryptocurrency markets tumbled early on Friday as financial watchdogs in the UK and US took steps to curb the increasing inflation concerns early on the week. Bitcoin declined as global tech stocks plummet, losing around$1,000 during today’s Asian hours. The Bank of England dented market sentiment after opting to end the asset-buy program on Thursday.…

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