Author: Dren.H

ZIL Technical Analysis – September 2021 Monthly Analysis Zilliqa has been on the rise for more than a month. In only the last month, its price has increased by more than 70%. ZIL recently reached $0.137 due to a price breakout. It is expected that this price might be corrected in the coming days if ZIL wants to maintain its bullish nature throughout this month. Weekly Analysis In the weekly analysis of ZIL, we have seen its price increase by more than 30%. This has made ZIL quite profitable if traders bought at the previous support at $0.104. ZIL might…

RUNE Technical Analysis – September 2021 Monthly Analysis In the last 30 days, RUNE has increased by almost 100%. This increase was marked with a price of $12.5 on August 23rd. However, the price pulled back after that, and now RUNE is attempting to climb to that range once again in the coming days. Weekly Analysis Over the last 7 days, RUNE has increased by more than 20%, making it a very lucrative week for traders who bought RUNE tokens. If RUNE cannot break resistance, then a correction might occur, where RUNE might test support at $10.27. Daily Analysis In…

TRX Technical Analysis – September 2021 Monthly Analysis In the last month, TRX has increased by more than 50%, reaching a price of $0.106. While TRX has been bullish for quite some time now, it is only a matter of time before the price retraces. Nonetheless, that does not indicate that the trend might reverse. TRX might maintain this bullish run. Weekly Analysis Over the last week, TRX has increased by 25%. This wave benefitted traders after the previous consolidation. Since TRX is expected to slightly drop in the coming days, we might see TRX go lower before attempting to…

XRP Technical Analysis – September 2021 Monthly Analysis XRP has increased by more than 90% over the last month, with the price reaching as high as $1.34 on August 15. XRP was in consolidation after that, with the price retracing, increasing, and decreasing again. Based on the monthly analysis, XRP is bullish. Weekly Analysis The weekly movement of XRP indicates bullish tendencies as XRP is looking to edge close to the high of this bullish run. It has reached $1.29 and is now going to attempt to surpass that price, which is currently acting as resistance. Daily Analysis In an…

BNB Technical Analysis – September 2021 Monthly Analysis Over the last month, BNB has increased by more than 60%, reaching $518 on August 28. After that, the price retraced to $448 and is now having a correction. Key structures of support and resistance can indicate whether the bullish run of BNB may continue in the following month. Weekly Analysis The weekly price movement of BNB has been bearish, following the recent retracement after hitting $518. The price went to as low as $448 and then climbed to $504 recently. The price is now below $500, and BNB can look to…

TEL Technical Analysis – August 2021 Daily Analysis Following the bullish trend in the market, TEL has experienced another increase in 2021. It increased by more than 200% in August, reaching close to $0.03. However, recent price decreases might have hinted that the trend is now descending. Despite that, TEL has found support at $0.02, and it might prove to be a turning point for TEL since this level was previously tested throughout the bullish run. Intraday Thoughts The intraday chart shows high volatility, and the support has seen the price increase again. In the coming hours, this price might…

MATIC Technical Analysis – August 2021 Daily Analysis The recent bullish run of MATIC saw it increase by 170% to $1.70 in just one month. However, the price of MATIC has now slightly dipped and it is going to test key structures to determine whether it may go further down or if it may rebound to that range once again. Intraday Thoughts In an intraday chart, MATIC has been quite volatile, benefitting day traders with the recent correction after finding support at $1.30. This level of support is going to be key for MATIC in its future price. Key Structures…

HNT Technical Analysis – August 2021 Daily Analysis On August 23, HNT reached its all-time high at $26.7 after an astonishing 185% increase in just one month. After every new high, there is a dip in the price, and now HNT is trading at around $21.8. The trend is now downwards, and HNT might be bearish in the coming weeks unless it finds support at tested structures. Intraday Thoughts The intraday chart of HNT suggests that the recent correction could test resistance at $22.4, and the following hours can prove to be the turning point for HNT as it may…

MDX Technical Analysis – August 2021 Daily Analysis MDX trend was reversed after reaching $1.71 on August 25, which marked a 35% increase in less than seven days. Currently, MDX is trading at $1.41, and this bearish run might continue if the recent correction is stopped at the projected resistance. Intraday Thoughts The price of MDX has been relatively stable in the intraday chart, but drastic price changes have been present as well, especially in a shorter time frame.  Key Structures for Mdex Support $1.36, $1.26, $1.05 Resistance $1,48, $1.54, $1.72. Indicators Moving Average The 20-day moving average is now…

CEL Technical Analysis – August 2021 Daily Analysis Celsius is in a downtrend after increasing to $6.66 in the early days of August. This downtrend is set to continue if CEL does not find support at key structures. A correction might occur in the coming days, but the trend suggests that CEL can keep decreasing in the following days. Intraday Thoughts Looking at the intraday chart, we can notice bearish tendencies for Celsius, as its volatility remains high. The price is set to keep decreasing, primarily because the selling pressure is very high. Key Structures for Celsius Support $5.40, $5.20,…