thomasfullerofficial

thomasfullerofficial

The daily chart shows that the BNB price has been in a bullish trend in the past few months. The price has also formed an ascending channel pattern. It has also moved above the 25-day and 50-day moving averages and is slightly below the upper side of the channel. The MACD has also moved above the neutral level. Therefore, the outlook of the Binance Coin price...

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The daily chart shows ENJ cleared trend resistance at $1.7800 on the 20th. Furthermore, the price pulled back and bounced from trend support after breaking out, reinforcing its validity. After successfully retesting the trend, Ejin surged above the September high of $2.3325, now the first support. Below $2.3325, the 20, 50, 100, and 200-DMA’s join the trend (now...

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The daily chart shows the XLM price is above the 50 DMA at $0.34 and the 100 at $0.33. However, Stellar is glued to the longer-term 200-day average at $0.36. Furthermore, the Relative Strength Index (RSI) is rolling over which suggests bearish momentum is growing. Taking that into consideration, it’s likely that XLM will lose the support of the 200 DMA and slide...

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DOT is trading within a tight range after bouncing off the psychological level of 40 earlier in the week. On Wednesday, the altcoin has been on a rebound for two consecutive sessions. Subsequently, it hit an intraday high of 45.53 on Thursday before pulling back. On a three-hour chart, it is trading above the 25 and 50-day exponential moving averages. In the...

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After soaring to its highest level in more than a month on Monday, DOGE has reversed most of the week’s gains. The altcoin has dropped by over 10% to find support at October’s crucial level of 0.2400. On a two-hour chart, it is trading along with the 25-day EMA and slightly above the 50-day EMA. In the near term, I expect the altcoin to continue finding support...

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The four-hour chart shows that the VeChain price has been moving sideways recently. Along the way, the coin has formed an inverted head and shoulders pattern. The price is also consolidating at the 25-day and 50-day moving averages. It is also at the right shoulder. Therefore, while it is too early to tell, the price will likely break out higher in the near...

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Bitcoin Cash is holding steady above the support level of 600 as the bulls strive to retest the weekend’s high of 650. Since the beginning of the month, it has risen by about 22% having extended its rebound from below the psychological level of 500 late in September. On a four-hour chart, it is trading slightly above the 25 and 50-day exponential moving averages....

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The daily chart shows the AAVE token has dropped out of a rising trend channel. The lower edge of the pattern, which previously acted as support, is now the first resistance level at $322. Furthermore, the 100-day moving average at $321.75 reinforces the trend line. This was evident last week when Aave tried to recover the uptrend but was swiftly rejected. As...

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The daily chart shows that after setting an all-time high of $2.900 in May, the MATIC price entered a bear market. By July, Polygon was 78% lower and beneath the 200 DMA at $0.657. However, crucially, MATIC finished the day at $0.689, triggering the second bull market of 2021. Within two months Polygon was 190% higher, topping out at $1.875 on the 5th of...

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The daily chart highlights two clear trend lines. The longer-term downtrend is currently visible at $13.50 and is the first line of resistance. Successful clearance of this trend would constitute a bullish breakout and potentially target the may high of $22.52, around 75% above the last price. The second trend line sits below the market at $9.93.As long as the...

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The four-hour chart shows that a rising trend line has capped the price since the middle of August. The trend has been a constant source of rejection for the price and the catalyst for last week’s technical reversal. Furthermore, the trend which is currently seen at $39.00, proved the high for the last two days. Therefore, as long as Polkadot stays below the...

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There has been such little selling that it almost makes it negligible. Long-term holders are already not selling as 10-year old supply just reached an ATH of 2.4 million BTC. And along with them, even the mid-term holders have stepped back when it comes to selling. In fact, the buying trend is so strong that addresses with balance have reached a 4-month high,...

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The daily chart shows the Dogecoin price continues to grind broadly sideways in a narrowing pennant formation. Forming the lower edge of the formations a trend line at $0.2090. It was this uptrend that provided the catalyst for yesterday’s bounce. Just above the trend line, the 200 EMA at $0.2275 lends its weight to the support. If the price fails to hold above...

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The daily chart shows that yesterday’s melt-up lifted NEAR Protocol above a descending trend line at $6.90. This accelerated the buying, and as a consequence, NEAR cleared the previous all-time of $7.4500. This now becomes the first level of support, followed by the former trend resistance, now seen at $6.85. How far can the rally take NEAR? Considering the...

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The Fantom price soared to an ATH on Monday as demand for the asset soared. The FTM coin jumped to an all-time high of $1.30, bringing its total market cap to more than $3.2 billion. It has risen by more than 87% in the past seven days, which has propelled it to become the 48th biggest coin in the world. It is currently placed between Kusama and...

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Quant is a fast-growing blockchain network that is in the enterprise industry. The platform’s goal is to connect all the world’s distributed ledgers to help create fast growth. The developers have already built the Overledger DLT gateway that helps to deliver interoperability across different systems, networks, and DLTs. The hourly chart shows that the QNT price...

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MATIC pictured consolidation and is priced at $1.63 after registering a price hike over the previous day. Currently, MATIC stood few notches below its three months high. The immediate support level for MATIC was at $1.38 and then at $1.28. MATIC hasn’t traded below the $1.28 level in almost three weeks. Technicals are positive, Buying pressure noted an uptick...

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TRX slipped down on its charts over the last 24 hours and was trading at $0.102. The altcoin had registered a multi-month high yesterday, however, it failed to topple the $0.104 resistance. Its immediate support zone lay at $0.0958, the additional support lines stood at $0.088 and at $0.0816. it's been three weeks since TRX last traded around $0.0816 Buying...