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Technical Analysis

Ethereum L2 Scalability: Can it Keep Up?

14 Dec 2024 @ 03:02
The Ethereum ecosystem is experiencing explosive growth, driven by the proliferation of Layer-2 (L2) solutions. However, concerns are mounting that delays in critical Ethereum upgrades, crucial for enhancing L2 scalability, could hinder this momentum. Builders within the ecosystem fear that without timely improvements to the base layer, the rapid expansion of L2s may be stifled, […]
 

Ethereum Pulls Back to Establish Support

13 Dec 2024 @ 18:14
Ethereum has experienced a robust rally since November, building a consistent bullish market structure that propelled the price to the resistance level at $4,093.0.Upon reaching this key supply zone, a swing high formed, highlighting the strength of resistance at this level. Following this rejection, Ethereum pulled back to the demand level at $3,547.0, where it […]
 

Bitcoin Price Action Develops Rising Wedge Amid Bullish Momentum

13 Dec 2024 @ 17:49
Bitcoin’s ongoing bullish wave commenced with a steady ascent. After retesting the demand level at $53,683.0 in September, the price action gradually formed a bullish structure characterized by higher highs and higher lows—a textbook uptrend signaling market strength. In November, the bullish momentum accelerated significantly, marked by heightened volatility. Bitcoin’s price...
 

Supply@me Capital Price: SYME Holds Downward, Striving for Recoveries

13 Dec 2024 @ 04:21
The impact of bears’ efforts over bulls has been staying over a couple of sessions in the exchanges of Supply@me Capital Plc (LSE:SYME), given that the financial operation currently reveals that the price holds downward, striving for recoveries. It would continue to be a challenging time for long-position movers to surge back upward as the […]
 

Skinbiotherapeutics Price: SBTX Holds Back Upward, Following a Tending Bounce

12 Dec 2024 @ 01:19
Over a couple of sessions, a pathway of positive momentum has been exhibited in the exchange of Skinbiotherapeutics Plc (LSE:SBTX), given that the stock operation currently holds back upward, following a trending bounce as of this analytics. The moving average indicators’ placement around the 16-point mark has shown that bulls appear to have the best […]
 

Inspecs Group Price: SPEC Breaks Downward, Settling for a Lower Base

10 Dec 2024 @ 13:13
Buyers demonstrated a state of holding back firmly against further falls, given that the situation has now changed in the operations of Inspecs Group Plc (LSE:SPEC), as the stock breaks downward at the previous critical point of 50, settling for a lower base around 40. As the price lingers around the 40 value line, a […]
 

The Altcoin Season Phenomenon

09 Dec 2024 @ 21:16
Just as traditional markets experience seasonal fluctuations, the cryptocurrency market has its own unique rhythm, marked by periods of heightened optimism and increased investment. One such period is known as “altcoin season,” a time when investors shift their focus from dominant cryptocurrencies like Bitcoin to a diverse range of alternative coins, or altcoins. During this...
 

Mirriad Advertising Price: MIRI Shelves Downward, Searching for a Footstep

09 Dec 2024 @ 19:17
There has been a level of consistent holding of positions by bears against bulls in the operations of Mirriad Advertising Plc stock (LSE:MIRI), given that the market line has over a long session being running in a downward trend, searching for a footstep toward one of the depreciation values. Charted from sessions prior to July, […]
 

Gulf Keystone Petroleum Price: GKP Puts in a Reversal, Contending for a Base Value

08 Dec 2024 @ 18:21
There has been a decline force leading to a loss of momentum in the pushing weight of bulls, given that the market of Gulf Keystone Petroleum Ltd (LSE:GKP) now puts in a reversal pattern, contending for a base value. An oversold situation has been seen, indicating that buyers may soon be able to garner the […]
 

Great Western Mining Corporation Price: GWMO Extends Declines, Setting a Base

07 Dec 2024 @ 19:31
A few days into the month of November, bulls lost out in the proceedings to break past a major resistance piled up around the point of 0.03 in the stock operations of Great Western Mining Corporation Plc (LSE:GWMO), currently leading to making the market extend declines, settling a base at a near lower spot close […]
 
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