MAIDsafe started to rally quite vigorously on the 14th of February, and a high of 0.000177 was printed on the 16th. Since putting in that high, the market has retraced back down to where the rally initially began, and some clear pivot zones have emerged, particularly on the 30-minute chart. The 0.000125 level has become an important level from a technical perspective; acting as resistance on three occasions since the 11th; providing support twice on the 16th.
The 0.000105 pivot zone – which I wrote about in my prior MAIDsafe technical analysis – has become even more prominent. This level was used as resistance on three occasions since my last article, and another three times as support. The market is now grinding away in this zone and it’s quite clear that there is ample buying interest to counteract the selling pressure that has been dominating since yesterday.
MAIDSafe is now trading between support at 0.000105, and potential resistance at 0.000125. A break of either of these important price levels will signal the future direction of the market.
Disclaimer: This is not trading/investment advice!
Chart Source: https://poloniex.com/exchange#btc_maid
If you liked this article follow us on twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.
Public companies quietly stepped up their Bitcoin accumulation in March 2026, adding a significant amount…
Deepcoin is stepping into a new direction with its latest move, announcing a partnership with…
Sui Network’s native token, $SUI, is making a move beyond its home turf. Through a…
Core Foundation has just announced a new partnership with Z Protocol, and it’s already getting…
Binance Wallet is quietly stepping into one of crypto’s fastest-growing sectors, prediction markets. According to…
As concerns around quantum computing and crypto security continue to build, Changpeng Zhao is stepping…