https://www.cryptopolitan.com/dogecoin-price-analysis-2023-02-19/

Dogecoin price analysis for today shows that the coin is trading in a positive trend and is expected to continue this trend throughout the day. The market has been steadily increasing since yesterday and its current price is at $0.0889, up from its opening price of $0.08697.

Dogecoin’s bullish momentum has driven it to new heights today, and the coin is expected to continue its current trend. The buying pressure is strong, and the coin is expected to hit a new all-time high in the near future.

However, there are some signs of bearish pressure that could cause Dogecoin’s price to drop slightly. The bears may be waiting for an opportunity to capitalize on the current trend and push the coin down. As always, traders should keep a close eye on the market and be prepared to adjust their strategy in response to any changes.

Dogecoin price analysis 1-day price chart: Bullish momentum is still intact

The 1-day price chart for Dogecoin price analysis shows a strong uptrend in the market as buyers continue to fuel the bullish momentum. The buyers are in control of the market and if they maintain the current momentum, then we could see a surge in DOGE price towards the upcoming resistance levels. On the other hand, if the bears gain more control over the market, then we could see a correction in the DOGE price and a possible drop in the support levels.

The moving average (MA) value is currently set at 0.0855 which is a strong indication that the buyers are in control of the market. As the area between the Bollinger bands is widening, it is a clear indication that the market volatility is increasing and traders should be careful while trading in the near future. The upper Bollinger band is currently placed at 0.0980, while the lower Bollinger band is currently placed at 0.0786. The relative strength index (RSI) is trading at an upward slope at index 53.88, hinting at the buying activity in the market.

Dogecoin price analysis: Upside momentum gathers pace

The four-hour Dogecoin price analysis supports the buyers as the price experienced a good increase in price in the first four hours of today’s trading session. This is because the bulls have made a comeback and are striving hard to win back their lead. At the time of writing, the DOGE/USD has gained 0.75% and is trading at 0.0889, up from its opening price of 0.08697.

Looking at the hourly technical indicators, the upper Bollinger band is currently placed at 0.0899, while the lower Bollinger band is currently placed at 0.0856, indicating that the bullish trend is likely to continue in the near future. The Relative Strength Index (RSI) graph shows a bullish curve as the score just rose to 60.59, indicating that the buying activity is increasing. The Moving average is currently at 0.0881 on the chart.

Dogecoin price analysis conclusion

To sum up, DOGE/USD pair is currently in a bullish trend and could go higher if the buyers maintain their current momentum. The bulls are currently controlling the market, and we could see a break out of the current resistance level at $0.0889 in the upcoming trading session. The technical indicators are also backing the bulls and traders can look at the upcoming resistance levels to capitalize on this trend.

https://www.cryptopolitan.com/chainlink-price-analysis-2023-02-19/

Recent Chainlink price analysis is in bullish sentiment as the LINK price surged to $8.15 after experiencing a minor dip near $7.53, which is its immediate support level. The bullish have been in control since the LINK/USD pair broke past the resistance level of $8.22 on February 17th.

The bullish trend was further strengthened with an increase in trading volume, which indicates strong investor confidence in the cryptocurrency. Currently, the trading volume is at $3.94 billion. The market cap for the LINK/USD pair is currently at $4.13 billion and it remains one of the most actively traded cryptocurrency pairs in the market.

LINK/USD daily price chart: The coin has surged by 6.94% in the last 24 hours

The daily price chart of the Chainlink price analysis shows a near 6.5% surge in the last 24 hours, as the coin surged from $7.53 to its current trading level of $8.15. The market has formed a series of higher lows, indicating the strength of the bullish trend in the market. The next resistance level for the pair is at $8.22, while the immediate support level remains at $7.53. The moving average indicator is also indicating a bullish trend for the pair, with the 50-day moving average pointing upwards.

The Technical indicator for the LINK/USD pair is currently giving a bullish signal as the RSI indicator has risen above the 60.00 level and is currently trading at 66.96. Moving Average Convergence Divergence (MACD) currently indicates a bullish trend on the daily chart as it gives a positive crossover with the significant buying signal line (green) and overselling line (red). However, both the lines are trading closer to each other and can negatively affect the short term.  

Chainlink price analysis 4-hour chart: The support level for the LINK/USD pair is present at $7.53

The 4-hour Chainlink price analysis shows that the market is in a strong uptrend as the price has risen above the $7.53 support level. The market bulls and bearish have been battling for control but the bulls have been able to push the price up to the $8.15 level. The market looks set to continue its upward trend as the bulls remain in control.

The MACD is currently in the bullish zone as it gives a strong positive crossover with the significant buying signal line (green) and overselling line (red). The RSI indicator is currently trading at 71.37 which indicates that the market is overbought. The moving average is currently at $7.98 and is sloping upwards which indicates that the trend will continue to remain bullish in the near term.

Chainlink price analysis conclusion

Overall Chainlink price analysis shows that the LINK/USD pair is in a strong bullish trend and is expected to continue its upward movement in the near term. The market appears to have formed strong support levels at $7.53 and resistance levels at $8.22 which will be important points for traders to watch as the market moves forward. The technical indicators are pointing towards a bullish trend and point to more upside in the near future. Despite the potential for a short-term dip, the overall outlook remains positive for LINK/USD in the near future.

https://www.cryptopolitan.com/avalanche-price-analysis-2023-02-17/

Avalanche price analysis shows a downtrend in the price of AVAX. After opening at today’s low of $19.66, the coin has been in a steady decline, losing more than 4.19 percent of its value since then. At press time, AVAX is trading at $19.08 and is struggling to stay above the support level of $18.52, which has been a key support area for the coin in recent days. The immediate resistance level for AVAX is seen at $20.26, which has been a major hurdle for the crypto since its strong surge on the previous day.

The selling pressure on the coin is likely to increase if it fails to recover above the immediate resistance level. If AVAX manages to break this barrier, then it could reach its next major hurdle at $22.69. On the flip side, if the bearish pressure continues and AVAX falls below the support line of $18.52, then it could possibly test the next major support level at $17.22.

Avalanche price analysis on 4-hour chart: AVAX trades in a bearish channel

On the 4-hour chart, Avalanche price analysis is trading in a bearish channel and appears to have lost its upside momentum. The coin has broken below the lower trend line of the formation and is likely to test the next major support point at $17.22  in the near term, The previous day the market gained significantly and AVAX was trading above the $20.26 resistance level, however, it failed to sustain those levels and currently trading further below.

The technical indicators for AVAX are moving in a bearish zone with MACD and signal line crossing over into negative territory while RSI is seen at 53.68  which indicates that the market is in a bearish zone and selling pressure could increase further. The 50-day moving average is also hovering below the 100-day moving average which suggests that the trend could remain bearish.

Avalanche price analysis 1-day price chart:  AVAX faces a hurdle at $20.26

The one-day Avalanche price analysis is declaring the bearish lead as the price has decreased consistently during the last few hours. A downward trend has been going on as the price has moved down to the $19.08 level. The price has decreased significantly as the bearish momentum has been intensifying for the last few days. The moving average in the four hours price chart is standing at the $18.27 level, just above the SMA 50 curve.

The moving average convergence divergence (MACD) is standing bearish and the signal line has crossed the MACD line, indicating that selling pressure could increase further. The relative strength index (RSI) is currently seen at 53.05 which suggests that AVAX might continue to decline until it reaches its next strong support level of $17.22.

Avalanche price analysis conclusion

Avalanche price analysis shows that AVAX is currently trading in a bearish trend and facing resistance at the $20.26 level. The coin has broken below its immediate support level of $18.52 and is likely to test the next major support point at $17.22 if it fails to recover above the current resistance level. The technical indicators such as MACD and RSI are in the bearish zone, indicating that the trend could remain bearish for some time.

https://www.cryptopolitan.com/cardano-price-analysis-2023-02-16/

The Cardano price analysis is showing bullish signs once again after an extended period of consolidation. The price of  ADA/USD started to rise later in the day, and the bulls are successfully continuing their endeavor today as well, as the price has increased significantly over the past few hours. The next resistance level for ADA/USD is present at $0.4192, and if the bulls can push past this level, we could see even more gains in the near future. On the other hand, support for ADA/USD is currently located at $0.3883

Most of the cryptocurrencies today are in the green zone, The top coins Ethereum, Bitcoin, and ADA are also in the green zone. Ethereum is up 5.91%, Bitcoin 10.71%, and ADA 5.19%.

Cardano price analysis 24-hour price chart: ADA curve heads up towards $0.4097 as bulls continue to rally

The 1-day price chart for the Cardano price analysis shows that the price has increased today as bulls have taken the lead. The coin is trading at $0.4097 at the time of writing. Due to the recovery process initiated by the bulls, the crypto pair is reporting a 5.19 percent increase in value for the last 24 hours. At the same time, the trading volume has increased to $612 million, and a market cap of $14 billion has also been recorded for ADA/USD.

The volatility is currently moderate, The upper Bollinger band is currently at $0.421, while the lower band is at $0.352. The moving average (MA) is at $0.380 above the SMA 50 curve but is slowly moving downwards. The relative strength index (RSI) is on an upwards curve in the lower half of the neutral zone, trading at index60.84. The RSI is on an upwards curve, hinting at the bullish momentum and buying activity in the market.

Cardano price analysis: Recent developments and further technical indications

The 4-hour Cardano price analysis shows that the price function has been following an upward trend for the last 4 hours, as bulls took charge later yesterday. Previously ADA was on a downtrend for the past few days. Today no bearish hindrance has been observed as green candlesticks are appearing on the 4-hour chart.

The volatility is also high on the hourly chart, the upper limit of the Bollinger bands is at $0.428, and the lower limit is at $0.343. The MA is also trading below the current price level on the 4-hour chart at $0.405. The RSI is trading at a slightly upward curve as its curve became milder recently, currently, at 65.97 in the neutral zone, it is not indicating any extremities as of now.

Cardano price analysis conclusion

The Cardano price analysis suggests that the coin is in bullish momentum after yesterday’s correction. The ADA/USD price is now touching the $0.4097 mark, which is the highest of the last few hours, and it can be expected that it will move up to further highs in the approaching hours.