Category: analyst
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Bitcoin Loses Historical Level, Analyst Says “Reclaim And Bounce, Or Die”
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One analyst pointed out how Bitcoin recently closed below a historically important on-chain level, which failure to reclaim could spell trouble for Bitcoin. Bitcoin fell below its short-term holder cost basis in the recent crash In new mail At “Price Realized” here refers to an on-chain indicator that tracks the…
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Analyst Identifies Crucial Dogecoin Support At $0.112-$0.123, Will Price Crash Further?
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Dogecoin suffered a major collapse in the carnage that rocked the cryptocurrency market earlier this week, resulting in double-digit losses in the process. This brought down its support, and $0.112-$0.123 is now the level to hold for the meme coin. But what if it falls below this support? Dogecoin should…
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Dogecoin Breaks Out Of Descending Triangle Like It Did In 2021, Analyst Sets $6 Target
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It looks like Dogecoin price action as well It has turned bearish After a bearish close in April. Predictions for the cryptocurrency Mimi are Not bullish on In the short term, especially considering the fact that it is now seeing a 47% price correction from its highest point in the…
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Buy Dogecoin Now? Analyst Believes DOGE Is Primed For A Surge
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in analysis Shared via Martinez’s commentary focuses on a chart pattern known as the “descending triangle.” This is a bearish formation that occurs when the price follows a downward trend line that intersects a flat support line. Typically, this pattern indicates a continuation of a downtrend, but in the context…
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ADP reports earnings ahead of analyst estimates By Investing.com
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ROSELAND – The Automated Data Processing Company (NASDAQ:) posted a modest beat on third-quarter earnings, with adjusted EPS of $2.88, beating analysts’ estimates of $2.79. The company’s revenue also saw a slight increase, reaching $5.25 billion, slightly above the consensus estimate of $5.23 billion. The company’s shares saw a slight…