Dogecoin

Celestial

<ul><li>Crypto analyst forecasts a temporary rally for Celestia Coin to the $13 mark, spotting bullish divergence despite a dominant bearish trend.</li><li>Analyst believes Dogecoin is nearing a critical breakout point above a diagonal resistance, potentially signaling an upcoming bullish price swing.</li><li>Dogecoin sees a slight uptick, reaching $0.1990 with a $28 billion market cap, while Celestia&#39;s price declines to $10.75 amid a continued downtrend.</li></ul>A <a href="https://twitter.com/Nebraskangooner/status/1778616973108134369" rel="noopener noreferrer nofollow">recent</a> analysis by a crypto analyst regarding the token Celestia has shed light on a possible shift in the market sentiment from bearish to bullish. The chart reveals a downtrend for <a href="https://cryptotale.org/celestia-tia-maintains-stability-amid-market-fluctuations/" rel="noopener noreferrer nofollow">Celestia</a>, with the price having descended steadily from a peak.However, the analyst draws our attention to a bullish divergence. This phenomenon occurs when the cost of an asset makes a new low, but the momentum indicator makes a higher low, suggesting a weakening downward momentum.According to the analyst, even if Celestia experiences a &#39;dead cat bounce&#39;, a temporary recovery from a decline that is followed by the continuation of the downtrend, there&#39;s potential for the price to touch the $13 region. The significance of the 99-day simple moving average (99sma) highlighted, indicating that a rebound to test this level is within the realm of possibilities.<a href="https://cryptotale.org/celestia-eyes-13-rally-dogecoin-nears-breakout-analyst-insights/" rel="noopener noreferrer nofollow">Read full article at CryptoTale.</a>

Celestia Eyes $13 Rally, Dogecoin Nears Breakout: Analyst Insights

CryptoTale

Andre artikler udgivet 12. apr. 2024

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