{"id":152030,"date":"2021-04-07T15:00:21","date_gmt":"2021-04-07T09:30:21","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=152030"},"modified":"2021-04-07T14:52:01","modified_gmt":"2021-04-07T09:22:01","slug":"tezos-waves-decred-price-analysis-07-april","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/tezos-waves-decred-price-analysis-07-april\/","title":{"rendered":"Tezos, Waves, Decred Price Analysis: 07 April"},"content":{"rendered":"<p>Tezos broke above an ascending triangle and touched $6.7 before moving towards a region of support. Waves awaited additional sessions for a breakout confirmation, while Decred was on the verge of moving below its up channel.<\/p>\n<h4>Tezos [XTZ]<\/h4>\n<figure id=\"attachment_152051\" aria-describedby=\"caption-attachment-152051\" style=\"width: 1828px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/XTZ-3.png\"><img decoding=\"async\" class=\"wp-image-152051 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/XTZ-3.png\" alt=\"\" width=\"1828\" height=\"933\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/XTZ-3.png 1828w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/XTZ-3-300x153.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/XTZ-3-1024x523.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/XTZ-3-768x392.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/XTZ-3-1536x784.png 1536w\" sizes=\"(max-width: 1828px) 100vw, 1828px\" \/><\/a><figcaption id=\"caption-attachment-152051\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/XTZUSD\/\">XTZ\/USD<\/a>, TradingView<\/figcaption><\/figure>\n<p>On the 4-hour timeframe, a breakout was spotted from an ascending triangle, one that pushed Tezos to a high of $6.7 before the price moved south. Some support was available between $5.8-$6, but a dip below this level was likely considering the present position of its indicators. The <strong>MACD<\/strong> closed in on a bearish crossover, while the <strong>Awesome Oscillator<\/strong> noted momentum on the bearish side.<\/p>\n<p>If a breakdown does take place, the $5.3-level would be in focus over the next few sessions, although the buyers were tipped to defend this region from an extended sell-off.<\/p>\n<h4>Waves [WAVES]<\/h4>\n<figure id=\"attachment_152052\" aria-describedby=\"caption-attachment-152052\" style=\"width: 1828px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/WAVES-2.png\"><img decoding=\"async\" class=\"wp-image-152052 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/WAVES-2.png\" alt=\"\" width=\"1828\" height=\"862\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/WAVES-2.png 1828w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/WAVES-2-300x141.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/WAVES-2-1024x483.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/WAVES-2-768x362.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/WAVES-2-1536x724.png 1536w\" sizes=\"(max-width: 1828px) 100vw, 1828px\" \/><\/a><figcaption id=\"caption-attachment-152052\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/WAVESUSD\/\">WAVES\/USD<\/a>, TradingView<\/figcaption><\/figure>\n<p>While a single candlewick did breach the upper trendline on Waves&#8217; charts, the next few sessions would provide more clarity with respect to a breakout. The <strong>ADX<\/strong> pointed north from 24 as a strong trend was in the making. A successful breakout could push the price towards $15 or even $15.5, but there were contrasting indications in the market.<\/p>\n<p>This came from a southbound <strong>RSI,<\/strong> one which reversed direction before reaching the overbought zone. A bit of divergence was also spotted on the index after it made lower highs. The 24-hour trading volume did pick up at the time of writing, but more trades need to be accumulated for sharper movements.<\/p>\n<h4>Decred [DCR]<\/h4>\n<figure id=\"attachment_152054\" aria-describedby=\"caption-attachment-152054\" style=\"width: 1828px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/DCR-1.png\"><img decoding=\"async\" class=\"wp-image-152054 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/DCR-1.png\" alt=\"\" width=\"1828\" height=\"862\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/DCR-1.png 1828w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/DCR-1-300x141.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/DCR-1-1024x483.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/DCR-1-768x362.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/04\/DCR-1-1536x724.png 1536w\" sizes=\"(max-width: 1828px) 100vw, 1828px\" \/><\/a><figcaption id=\"caption-attachment-152054\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/DCRUSD\/\">DCR\/USD<\/a>, TradingView<\/figcaption><\/figure>\n<p>Since a bounce back from the $143.8-support, Decred maintained its up channel as the price closed in on the $200-mark. However, this pattern usually sees a breakdown, and the coming sessions should be observed carefully to spot a move below the bottom trendline.<\/p>\n<p>The <strong>MACD<\/strong> line maintained its movement below the Signal line and the histogram noted rising bearish momentum. The <strong>OBV<\/strong> trended lower as selling pressure outmatched buying pressure. Short positions can be opened when a candlestick closes below the lower trendline, but traders must await confirmation before locking in their positions. In case of a fall, support levels resided at $176.31 and $171.2.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tezos broke above an ascending triangle and touched $6.7 before moving towards a region of support. Waves awaited additional sessions for a breakout confirmation, while Decred was on the verge of moving below its up channel. Tezos [XTZ] On the 4-hour timeframe, a breakout was spotted from an ascending triangle, one that pushed Tezos to<a href=\"https:\/\/ambcrypto.com\/tezos-waves-decred-price-analysis-07-april\/\">Continue reading <span class=\"sr-only\">&#8220;Tezos, Waves, Decred Price Analysis: 07 April&#8221;<\/span><\/a><\/p>\n","protected":false},"author":37,"featured_media":152055,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,18,66,3,4,20],"tags":[],"class_list":["post-152030","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-hide-cryptopanic","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tezos, Waves, Decred Price Analysis: 07 April - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Tezos broke above an ascending triangle and touched $6.7 before moving towards a region of support. 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