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GLMRUSDT

GLMR Chart Analysis in Daily TimeframeHello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: For the last 4 months, SEED_DONKEYDAN_MARKET_CAP:GLMR has been in a bearish trend, dropping from $0.7469 to $0.1701 (-77%). The price has reached close to the all-time low level at $0.1603. GLMR is likely to hold this support and rebound, breaking the resistance trendline and confirming a bullish reversal. It is interesting to see how the RSI is creating a bullish divergence pattern. If it stays strong, the price will most likely rally from the current market price of $0.1978. Key Observations: - Important support: $0.1603 to $0.1804. - Primary Resistance: $0.228. - Mid-Resistance: $0.3445. - Higher Resistance: $0.7469. - RSI: Bullish Divergence. - Invalidation Point: A breakdown and close below the support level. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
1
#GLMR/USDT#GLMR The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern We have a bounce from a major support area in the color EUR at 0.1800 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it Entry price is 0.2000 The first target is 0.2531 The second target is 0.3056 The third goal is 0.3591
Long
by CryptoAnalystSignal
#GLM/USDT#GLM The price is moving in a 12-hour bearish channel, is very committed to it, and has just broken through it We have a green support area at .5000 that is expected to be bounced from due to its strength We have a trend to hold above the Moving Average 100, which is strong support for the rise We have very strong oversold resistance on the RSI indicator to support the rise with a strong downtrend Entry price: 5600 First target 6248 The second target is 0.6690 The third goal 0.7283
Long
by CryptoAnalystSignal
1
#GLMR/USDT#GLMR The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well The price rebounded well from the lower border of the channel at the green support level of 0.2500 We have a tendency to stabilize above the Moving Average 100 We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher Entry price is 0.2700 The first target is 0.3300 The second target is 0.3000 The third goal is 0.3645
Long
by CryptoAnalystSignal
1
MoonBeam: Polkadot Scam Token? Down 99%Moonbeam is a prime example of a dead project. It is down 99% since its all-time-high and there are no signs of life to be found: the marketing team isn't producing any new content, it is not mentioned by @polkadot CRYPTOCAP:DOT , and its price is still down 99% from its all-time-high despite crypto having experiences a massive surge. Fact: moonbeam is dead and will trend towards $0. If you bought at $10+, you will likely be in profit selling at -95% even at this abismal price. Dead shitcoins such at moombeak will only be worth $0 soon,
Short
by couldntcomeupwithone
4
MoonBeam: Abandoned Scam Project? Down 99%, soon $0?MoonBeam: Abandoned Scam Project? Down 99%, soon $0? MoonBeam aka SEED_DONKEYDAN_MARKET_CAP:GLMR #GLMRUSD is down over 99% since its all-time-high and while almost all of crypto has been rallying hard, MoonBeam continues to get brutally rejected. Today, it rejected again and crashed HARD, while other cryptocurrencies went up. It appears that MoonBeam project is a dead project. The team has been unable to fulfill their promises and the wider crypto community doesn't care about MoonBeam or what the project stands to do. Projects that die down in this fashion are often scams. It's possible the coin can't rise/breakout because the founders are printing coins out of thing air and dumping on the market. Currently, MoonBeam is down over 99%. Depending on what exchange you look, it's all time high was around $24. It is currently barely $0.45. This has all the hallmark signs of a shitcoin scamcoin that is heading to $0, like Luna. RIP MoonBeam / Polkadot Ecosystem.
Short
by couldntcomeupwithone
4
GLMR/USDT Break out the key area, Indicating Bullish Momentum!!💎 GLMR has made a significant breakthrough by successfully breaching the key supply zone area, indicating a bullish momentum in the market and suggesting a continuation of the upward movement. There's a possibility that GLMR will reach our target area in this scenario. 💎 However, if GLMR fails to maintain its position above the demand area and breaks down below it, signaling a failed breakout, it could be interpreted as a bearish sign. 💎 This would entail a switch back to a downward movement, with the potential for the price to revisit the demand area around 0.347. 💎 Bouncing from the demand area is crucial for GLMR to attempt to regain momentum and potentially retest the supply area. If GLMR is unable to hold the support, indicating a breakdown, it would signify a bearish trend reversal, leading to further downward movement, possibly extending even lower.
by MyCryptoParadise_Nathan