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    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    Best Crypto Exchange Affiliate Programs in 2023

    What does Crypto Index fund Means and How to Invest?

    What does Crypto Index fund Means and How to Invest?

    Who Will Reach $1 First In 2023?

    Who Will Reach $1 First In 2023?

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    5 Best New BSC Cryptocurrencies To Invest In 2023

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    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

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    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Analysis
    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250

    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

    Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

    Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam

    Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

    Ethereum Price Another Rejection Signals Risk of Bearish Reaction

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    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Rallies 10%, Polygon Bulls Aim Big

    Rallies 10%, Polygon Bulls Aim Big

    XRP Whales Accumulate Massive Tokens

    XRP Whales Accumulate Massive Tokens

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    Solana Rally Could Gather Pace above $30

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Bitcoin Cash, Cosmos, Aave Price Analysis: 21 October

2021-10-22
in Altcoins
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Bitcoin Cash, Cosmos, Aave Price Analysis: 21 October
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Whereas Bitcoin’s value rallied and breached the $67,000-mark, altcoins’ value motion projected the resultant domino impact.

Together with the likes of Bitcoin money, Cosmos, and Aave, many altcoins noticed bullish value motion within the close to to long run. Nonetheless, an evaluation of Aave appeared to point out indicators of an overbought place.

Bitcoin Money [BCH]

Supply: TradingView, BCH/USD

BCH was buying and selling at $651.31 and appreciated by 6.83% over the past 24 hours. The altcoin broke out of its speedy resistance stage, which stood at $639.19. Until consolidation occurs, the altcoin goals to take a look at its new resistance stage at $764.69. BCH’s value ground stood at $494.89. The technical indicators visibly pointed in the direction of bullish tendencies within the close to time period.

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Relative Power Index stood nicely above the midline on the 65-mark, depicting growing shopping for energy. MACD was above the Sign Line, hinting at bullish momentum. The histogram obliged this studying by flashing inexperienced sign bars.

The press time buying and selling value stood close to the higher band of the Bollinger Bands, indicating that BCH may be getting ready to being overbought. 

Cosmos [ATOM]

Supply: TradingView, ATOM/USDT

ATOM moved by up 6.93% and was buying and selling at $36.37, on the time of study. The symptoms visibly pointed in the direction of an inclination for bullish value motion. ATOM assumed an upward trajectory within the final 24 hours and traded close to its resistance level, which stood at $37.09.

The altcoin’s speedy help value stood at $21.88. The 20-SMA was at the $33.82-mark, nicely under its buying and selling value, indicating that the worth momentum was with the patrons.

The RSI famous greater highs and was above the half-line on the 64.85-mark, confirming the energy of the bulls. The MACD histogram and the Superior Oscillator had been above the zero line, exhibiting a desire for the bulls within the close to time period. 

AAVE 

Supply: TradingView, AAVE/USD

AAVE rallied by 7.95% and was buying and selling at $326.98, on the time of writing. The value ceiling and ground of the crypto stood at $348.59 and $272.19, respectively.  

The MACD (blue) diverged above the Sign line (orange), hinting at bullish tendencies. The MACD’s histogram and the Superior Oscillator flashed inexperienced sign bars, affirming the bias for the bulls.

RSI entered the overbought territory after crossing the 70-mark, indicating that the bulls had taken over. Additionally, implying {that a} pattern reversal would possibly comply with quickly. The buying and selling value was barely above the higher band of the Bollinger Bands, reiterating the existence of an overbought place.

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Tags: AaveAnalysisBitcoinCashCosmosOctoberPrice
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