Category: SMA
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Dogecoin Rally Fizzles As DOGE Fails To Break Through 4-Hour SMA Resistance
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Dogecoin’s latest attempt to regain its lost strength has hit a major hurdle as the price struggles to break above the crucial 4-hour Simple Moving Average (SMA). This resistance level has proven to be a formidable barrier, with downward pressure constantly preventing any meaningful breakout. Despite initial signs of a…
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Bitcoin Slips Below 200-Day SMA, Presents Dual Price Potential
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Over the past two years, Bitcoin (BTC) has enjoyed a strong positive price performance, rising more than 300% since the start of 2023. In 2024 alone, the cryptocurrency’s market leader has surged 40% in value, reaching an all-time high of $73,750 in March. However, recent price developments suggest that Bitcoin’s…
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Toncoin Under Pressure As TON Price Falls Below 100-Day SMA, $6 Looms
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Tonquin (TON) recently saw a significant price drop, as it dropped below its 100-day simple moving average (SMA). This breakout of a crucial technical indicator has put the digital asset under downward pressure, raising concerns among investors and traders. With the $6 level now approaching as a potential target, there…
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Toncoin Under Pressure As TON Price Falls Below 100-Day SMA, $6 Looms
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Tonquin (TON) recently saw a significant price drop, as it dropped below its 100-day simple moving average (SMA). This breakout of a crucial technical indicator has put the digital asset under downward pressure, raising concerns among investors and traders. With the $6 level now approaching as a potential target, there…
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Ethereum Drops Below 4-Hour SMA: Analyzing The Impact
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Ethereum (ETH), the second-largest cryptocurrency by market cap, recently saw its price fall below the 4-hour simple moving average (SMA). This technical development is noteworthy for traders and investors, as the 4-hour simple moving average is often used to measure short-term market momentum. When the cryptocurrency price falls below this…
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Ethereum Drops Below 4-Hour SMA: Analyzing The Impact
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Ethereum (ETH), the second-largest cryptocurrency by market cap, recently saw its price fall below the 4-hour simple moving average (SMA). This technical development is noteworthy for traders and investors, as the 4-hour simple moving average is often used to measure short-term market momentum. When the cryptocurrency price falls below this…