On 5th March, the Terra(LUNA) price turned down from the $92 resistance, hitting the immediate support zone of $80-78.3. The technical chart shows the buyers have two significant support of $78.3 and $61, which could revert the ongoing correction. Moreover, the Terra coin got recently listed on a Bahamian cryptocurrency exchange-FTX Key points:  The LUNA chart displays

The post LUNA Price Prediction: LUNA Price Heading To $78 Support; Is It Good Time To Buy? appeared first on CoinGape.

Over the past two months, the ETH/USD technical chart shows a short-term range bound rally. The recent reversal from the descending trendline has tumbled the altcoin by 13.5%, bringing it to local support of $2600. Can buyers revert the ongoing sell-off, or we will revisit the January low support at $2300? Key points:  The MACD

The post Ethereum Price Analysis: Do Or Die Moment For ETH Bulls As Price Nears Apex Of Symmetrical Triangle Pattern appeared first on CoinGape.

The post Analyst Warns Ethereum Traders ! Hints More Downtrend For ETH Price appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Bitcoin has dropped below $40,000 to begin the weekend, extending recent losses in cryptocurrency markets. On Saturday, ETH was also weaker, reaching its lowest point this week in the process.  Unlike bitcoin, Ethereum appears to have found support to begin the weekend, after plummeting to its lowest level in the previous seven days. ETH/USD is …

The range-bound movement in SHIB price has dropped to the support trendline of the symmetrical triangle pattern. The buyers preparing for a bullish reversal would face a steeper trendline before challenging the pattern’s key resistance.  Key technical points:  The 200-day DMA has flipped to valid resistance The intraday trading volume in the Shiba Inu coin

The post SHIB Price Analysis: Descending Trendline Breakout Is Must To Revert Ongoing Downfall appeared first on CoinGape.

The Decentraland (MANA) price has seen a constant downfall since it last tested the ATH at $5.9 on Nov ‘21. The falling altcoin found first support at $3 and has been beaten down from the sellers-driven trendline finding itself in a symmetrical triangle. The current sideways rally now retests the support trendline. Can buyers wrest

The post MANA Price Prediction: Support Confluence Hints 25% Upside For Decentraland (MANA) appeared first on CoinGape.

KDA coin price fails to surpass the sellers at the 200-day EMA and retraces to the $5.75 support. Will the trendline influence bring another fallout? Key technical points: The KDA price trends lower under the influence of a descending trendline The RSI slope crosses below the central line. The 24-hour trading volume in the Kadena token is $46 Million, indicating an 11% fall.  Past Performance of KDA KDA coin price shows a reversal from the $5.75 support level and rises higher to the highly bearish resistance trendline. However, the increased selling pressure along the trendline and the 200-day EMA crushes the bullish attempt resulting in a 15% downfall within 48 hours.  Source-Tradingview KDA Technical Analysis  KDA coin price retraces to $5.75 after the rejection from the $7.70 mark as the selling pressure increases. Hence, the altcoin brings a selling opportunity at the current prices.  The falling 50-day EMA crosses below the 200-day EMA as sellers reject another bullish attempt. Moreover, the crossover of 100 and 200-day EMA may shortly follow the death cross in the KDA/USD chart.  The Stochastic RSI indicator shows the end of the bull cycle as the K line crosses below the D line. Hence, the diving lines indicate the increasing chances of downfall below the $5.75 mark. The RSI indicator slope fails to sustain above the 50% mark and returns to the 14-day average. However, the uptrend in the RSI slope continues with the 14-day SMA. Hence, the indicator reflects the possibility of a reversal. In a nutshell, KDA technical analysis projects a bearish bias as the rejection from the 200-day EMA gains momentum. Upcoming Trend KDA coin price action brings a selling opportunity with the rejection from the death cross. Hence, a higher price rejection can be seen in the currently making bullish candle. Moreover, the fallout of $5.75 can result in a 25% discount. Conversely, if bulls regain trend control with a reversal from $5.75, the altcoin would rally higher and retest the trendline.  Support Levels: $5.75 and $4.35 Resistance Levels: $7 and $7.75  

The post KDA Technical Analysis: Deathcross Increases Bearish Influence  appeared first on Cryptoknowmics-Crypto News and Media Platform.

AXS coin price fails to surpass the resistance trendline and retraces to the $50 support. Will the increased selling pressure bring heavier discounts? Key technical points: The AXS price resonates lower in the descending triangle. The Stochastic RSI displays a bearish crossover. The 24-hour trading volume in the Axie Infinity token is $303 Million, indicating a 2.45% gain.  Past Performance of AXS AXS coin price showed a consolidation breakout formed near the $50 support zone resulting in a rally to the long-coming resistance trendline. However, the price failed to withstand the high selling pressure resulting in downfall to the $50 support zone. The price action prints a triple black crow formation hinting at a decline below the emotional barrier.  Source-Tradingview AXS Technical Analysis  The AXS/USDT chart shows the price coming back to the $50 support zone for the third time since the start of 2022. The bearish anticipation of downfall below $50 will find support at the $38 mark. The flattish 100 and 200-day EMA shows a bearish crossover, with the 50-day EMA providing a constant dynamic barrier. Hence, the EMAs are expected to be moving along with high-selling pressure areas. The Stochastic RSI indicator shows the K and D line nosedive below 70% following a bearish crossover. Hence, the falling lines indicate the end of the bull cycle. The RSI indicator slope show rejection from the central line and retraces to the 14-day average line. However, the slope shows a bullish divergence in the last two dips at the support zone.  In a nutshell, AXS technical analysis projects a bearish bias as the retracement gains momentum. Upcoming Trend AXS coin price anticipates a bearish downfall if the sellers strengthen their grip over trend control and bring the $50 fallout. However, the high demand accompanying the emotional barrier will be challenging for the bears.  Contrarily, if bulls regain trend control with a reversal, the altcoin would rally higher and retest the trendline.  Support Levels: $50 and $40 Resistance Levels: $60 and $70  

The post AXS Technical Analysis: Can Sellers Break The $50 Support? appeared first on Cryptoknowmics-Crypto News and Media Platform.

North America's top 50 Fortnite Duos are in for a grueling weekend in the Fortnite Champion Series (FNCS) Finals. The…

The post Fortnite FNCS Chapter 3 Season 1 Finals: NA East Preview & Predictions appeared first on Esports News Network | ESTNN.

XRP price continues to consolidate between two crucial converging trend lines. As the asset coils up, it prepares for a massive breakout that will result in an explosive run-up or run-down. On-chain metrics, however, suggest that this move will likely favor the bulls. Ripple bulls await volatility XRP price action from December 2021, has set […]

Rocket League meets VR archery with Nock, a new multiplayer game hitting Quest 2 next week. More details here!

A handy round-up of the recent funding endeavours of UK-based fintechs.

The post ‘Vox Machinae’ Review – A Deeply Immersive Mech Sim Hampered by Ambition appeared first on Road to VR.