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Does Dogecoin’s [DOGE] recent dip really present a buying opportunity? (www.blockcast.cc)

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. After finding a bearish volatile break, Dogecoin defended the $0.07 support. DOGE’s MVRV ratio corroborated with the increased bearishness. Dogecoin’s [DOGE] reversal from the $0.14 resistance invalidated its recent bullish pattern amidst the broader uncertainties […]

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Does the recent Aave dip offer a buying opportunity, or will the bears prevail (www.blockcast.cc)

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The drop below $79 flips the market structure to bearish Some outflows from the exchanges suggest a mild possibility of a bullish scenario Since 5 November, USDT (Tether) Dominance shot upward from 6.81% to […]

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Polkadot: Reasons DOT’s latest dip could turn into a buying opportunity (www.blockcast.cc)

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Polkadot pulls back to the 78.6% retracement level Two lower timeframe support zones to watch out for in the near-term On lower timeframes, Bitcoin [BTC] had a bearish outlook after its inability to defend […]

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Hong Kong’s crypto plans could be a ‘test center’ opportunity for China, PCG’s Li says (www.blockcast.cc)

Hong Kong is still a great financial hub for capital, for the world and particularly the Asia market, Richard Li, chairman at Pacific Century Group, a private investment group. “I still feel that Hong Kong is a very good hub for Asia… a very good financial hub for capital.” Li made the comments during an […]

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Cosmos: Why a revisit to this bearish trend could offer a selling opportunity  (www.blockcast.cc)

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The daily timeframe was bearish A move above $13 looked unlikely and would give impetus to the bulls Cosmos has been in a downtrend since late September. Therefore, traders looking to trade with the […]

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Binance Coin [BNB] offers an attractive buying opportunity here (www.blockcast.cc)

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Binance Coin saw a sharp rejection at $300 earlier in October The price has since seen some bullish reaction at the $260 area Binance Coin approached an important support zone on the price charts. […]

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Is Lisk (LSK) buy opportunity after the current dip? (www.blockcast.cc)

Lisk LSK/USD has weakened from $1.88 to $1 since August 01, 2022, and the current price stands at $1.06. The cryptocurrency market continues to be under pressure, and according to Brian Brooks, CEO of the crypto infrastructure provider Bitfury, the Federal Reserve’s approach to tackling inflation is a major reason for the current downturn. Are […]

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Is Dogecoin a good buy opportunity in September 2022? (www.blockcast.cc)

Dogecoin DOGE/USD has weakened from its recent highs above $0.09, registered on August 16, to $0.067, and the current price stands around $0.070. DOGE could weaken even more in the upcoming days, the strong support level stands at $0.060, and if the price breaks it, the next price target could be at $0.050 or even […]

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THETA presents buying opportunity on a pullback after… (www.blockcast.cc)

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. In June, Bitcoin posted a low of $17.8k on the charts. In July, Bitcoin followed that development up with a higher low formed at $18.7k. Over the past month, Bitcoin has continued to set […]

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Dogecoin traders planning to go short shouldn’t miss out on this opportunity (www.blockcast.cc)

The crypto market has been trying hard to recover currently. But the selling pressure is evidently stronger. And, the Dogecoin might become its next victim. Curiously, no clear indications have appeared, yet DOGE could be looking at a couple more red candles over the next few days. Dogecoin’s new trajectory Merely days after the meme […]

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