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Chiliz sees a hugely positive reaction from demand zone but can it continue its ascent (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 market structure could turn bullish if the daily trading session closes above $0.235 However, this might not be a signal for longer-term buyers to invest in CHZ yet Chiliz announced that FTX users […]

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Polkadot flips demand zone to resistance, what’s next for DOT on the charts (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 bullish order block was flipped to a bearish breaker The higher timeframe market structure was bearish after the move below $5.73 recently Polkadot fell right beneath the $6.3 region of support on 9 […]

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AAVE slips below a former support zone, here’s how much lower it can go (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. $73 flipped to resistance Bitcoin is unable to rally past $19.6k as well At the time of writing, Aave had a market capitalization of $1 billion. The lending platform was among the biggest in […]

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XRP: Analyzing the firmness of this defending zone (www.blockcast.cc)

Correlating with the broader trend, XRP has been on a steep slump after losing the $0.7-zone. XRP steadily declined while chalking out a three-month trendline resistance (yellow, dashed). Meanwhile, the buyers strived to find a convincing close above the basis line (green) of the Bollinger Bands (BB). But the bearish efforts have subdued the buying […]

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AAVE: A bearish retest of this zone could present shorting opportunities (www.blockcast.cc)

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Bitcoin and Ethereum continued to post losses on the price charts. Respectively, the two crypto giants shed 7% and 11% within the past 12 hours. Aave also suffered losses in recent hours […]

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Uniswap trading at a long term demand zone- Where can sellers benefit (www.blockcast.cc)

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Data on DeFi Pulse showed decentralized exchange Uniswap to have a Total Locked Value of $7.04 billion, making it the fifth-largest decentralized protocol by TVL. Metrics revealed more than a thousand GitHub submissions, but […]

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As Dogecoin [DOGE] treads in the ‘opportunity zone’, is it a wise idea to go long (www.blockcast.cc)

Dogecoin price has been on an extensive downtrend since its all-time high in May 2021. As mentioned in previous articles, this corrective phase is a blessing in disguise since it has formed a popularly bullish setup that shows the promise of an upcoming bull rally for DOGE. Dogecoin price on the verge of breakout Dogecoin […]

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Dogecoin [DOGE]: Mid-range flipped into demand zone could mean… (www.blockcast.cc)

Dogecoin price shows an interesting development after its breakout from a bullish setup on 23 March. The initial move was volatile, however, DOGE seems to be stuck consolidating, hinting at an explosive, especially when on-chain metrics show that whales are increasing their rate of accumulation. A higher recovery on the cards? Dogecoin price action from […]

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AVAX’s long-term revival may be dependent on this zone (www.blockcast.cc)

Buyers needed some serious catching up on the charts after the recent downslide. Avalanche (AVAX) suffered a substantial diminution in its value after breaking down from the rising wedge. The price seemed to return to a crucial area around the $74-mark representing a confluence of multiple supports. At press time, AVAX was trading at $74.68, down […]

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AVAX enters consolidation zone in triangle pattern: Is it ripe for a bullish breakout (www.blockcast.cc)

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