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

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    What does Crypto Index fund Means and How to Invest?

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    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

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

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

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    Bulls Aim Big After Recent Surge Above $0.5

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    Optimism Crashes 33% Following Token Unlocks, Why There Could Be More Pain To Come

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    Doge Breaking This Single Level Will Spark Fresh Rally

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    Rally Gathers Pace, $0.55 Target In Sight

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    Polkadot Experiences Correction After Reaching $5.54: What’s Next In Store?

    ADA Price (Cardano) Breaking This Resistance Could Spark Bullish Moves

    ADA Price (Cardano) Breaking This Resistance Could Spark Bullish Moves

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

    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?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

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

    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
    Bulls Aim Big After Recent Surge Above $0.5

    Bulls Aim Big After Recent Surge Above $0.5

    Ethereum Breaks USD 4K, Indicators Suggest Short-term Recovery

    Ethereum Price Topside Bias Vulnerable If It Continues To Struggle Below $1,920

    ADA Price (Cardano) Plunge To $0.32 On The Horizon As Bulls Show Weak Hands

    Risk of Sharp Drop Below $300

    Optimism Crashes 33% Following Token Unlocks, Why There Could Be More Pain To Come

    Optimism Crashes 33% Following Token Unlocks, Why There Could Be More Pain To Come

    Doge Breaking This Single Level Will Spark Fresh Rally

    Doge Breaking This Single Level Will Spark Fresh Rally

    Ethereum Price Indicators Show Vulnerability to Bigger Correction

    Ethereum Price Key Indicators Suggest A Strengthening Case For Surge To $2K

    Rally Gathers Pace, $0.55 Target In Sight

    Rally Gathers Pace, $0.55 Target In Sight

    Polkadot Experiences Correction After Reaching $5.54: What’s Next In Store?

    Polkadot Experiences Correction After Reaching $5.54: What’s Next In Store?

    ADA Price (Cardano) Breaking This Resistance Could Spark Bullish Moves

    ADA Price (Cardano) Breaking This Resistance Could Spark Bullish Moves

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    Pass Mint for Assassin’s Creed Smart Collectible

    Pass Mint for Assassin’s Creed Smart Collectible

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    Mobox Goes Cross-Chain with MoDragons

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    Play to Mint with Tearing Spaces Beta

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Shiba Inu, Bitcoin Cash, The Sandbox Price Analysis: 5 November

2021-11-05
in Altcoins
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Shiba Inu, Bitcoin Cash, The Sandbox Price Analysis: 5 November
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Cryptocurrency costs gave combined alerts within the final 24 hours. Shiba Inu flashed bearish indicators over the previous week as showcased by its near-term technicals over the past day. BCH confirmed indicators of revival as indicators barely favored the bulls. Additional, the Sandbox hit its ATH and should have a look at a potential correction.

Shiba Inu (SHIB)

Supply: TradingView, SHIB/USD

The dog-themed meme crypto undertook a bullish worth motion from 23 October. Consequently, it reached its ATH on 28 October at $0.0000887, after which it noticed a pullback. 

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During the last week, the worth oscillated in a downtrend because the digital foreign money famous a virtually 34% decline (seven-day). SHIB bears visibly exerted sustained strain by breaching the resistance level and located assist at $0.0000445. 

With profit-taking in full swing, the altcoin witnessed a 40% enhance in buying and selling volumes over the past day. Accordingly, the token registered a virtually 15% decline in 24 hours as near-term technicals most well-liked the bears. At press time, SHIB traded at $0.00004768.

Over the previous two days, the Relative Power Index (RSI) plunged from the midline towards the oversold territory on the 34-mark. Additionally, the Superior Oscillator (AO)  flashed longer pink bars, reiterating the elevated promoting energy.

Moreover, the MACD confirmed a desire for the sellers as effectively. Nevertheless, the shorter gentle inexperienced bars on its histogram could trace at potential ease in bearish momentum.

Bitcoin Money (BCH)

Supply: TradingView, BCH/USDT

After hitting its six-week excessive on 21 October, BCH price-action witnessed a blip because it fell to its 26-day low at $534.2 on 27 October. Since then, BCH bulls displayed their vigor because the digital foreign money famous a virtually 5% seven-day ROI.

BCH bears have proven resistance on the $653-mark within the close to time period. The altcoin traded at $603.5 at press time. Close to-term technicals steered slight ease within the energy of sellers.

The RSI stood above the half-line and appeared to comply with an uptrend over the previous week. The AO flashed a inexperienced sign, depicting ease in bearish momentum. The DMI strains appeared to be on the verge of a bullish crossover. Nevertheless, the ADX stood on the 12-mark and outlined a weak directional development.

The Sandbox (SAND)

Supply: TradingView, SAND/USDT

The Ethereum-powered play-to-earn metaverse gaming platform famous a staggering 235.42% and 135.63% month-to-month and weekly ROI, respectively. Since Fb rebranded to Meta, the alt was on a bullish trajectory. Consequently, it poked its ATH on 3 November shortly after the fruition of its funding spherical.  

The alt registered an 8.7% decline within the final 24 hours as near-term technicals steered a potential correction. At press time, SAND traded at $2.725. The RSI plunged by 15 factors over the past day however stood above the midline. 

MACD strains depicted a bearish momentum whereas the histogram flashed pink alerts. Nevertheless, the DMI most well-liked the consumers with a excessive ADX.

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Tags: AnalysisBitcoinCashInuNovemberPriceSandboxShiba
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