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Bitcoin Shows Mixed Signals Amid Consolidation: Is a Reversal Coming Soon?
13.10.2024
Bitcoin (BTC) has experienced a steady decline in recent sessions, but technical indicators are sending mixed messages, hinting at a possible market shift on the horizon. Despite the bearish price trend, oscillators are providing a mix of neutral, buy, and sell signals, reflecting indecision among...
Bitcoin Technical Analysis: BTC Shows Promising Signs Across All Time Frames
7.6.2024
Bitcoin’s price currently stands at $71,347, showing an impressive rise within the 24-hour intraday range of $70,065 to $71,595. With a trading volume of $25.17 billion and a market capitalization of $1.4 trillion, bitcoin has gained 4.9% this week, 5.6% over the past two weeks, and 14.4%...
3 reasons why Bitcoin traders say a BTC price trend reversal is overdue
9.5.2024
Bitcoin price data makes a strong argument for why the current price range is a buy-the-dip opportunity
Blockstream CEO Adam Back: Bitcoin ETFs Could Propel Price to $100,000
18.12.2023
Image Source: LinkedIn Blockstream CEO Adam Back believes 2024 could mark a period of resurgence for Bitcoin (BTC), propelling the leading cryptocurrency towards $100,000. In a recent interview, the renowned cryptographer and the pioneer of the proof-of-work algorithm used in Bitcoin’s...
Bitcoin copying 'familiar' price trend in 2023, two more metrics show
2.4.2023
The SLRV Ribbons and Bitcoin Yardstick tools both reveal copycat behavior from 2019 when it comes to Bitcoin price recovery
Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition
30.1.2023
Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second (TH/s) of hashrate. However, since then,...
October’s Historical Bitcoin Price Trend Extends Hope for a Renewed Bull Run to End the Year
2.10.2021
Bitcoin logged price losses once again for the crypto asset’s fifth consecutive September in its lifetime, but as soon as the month ended, billions of dollars came back into the crypto economy. Metrics show that while September has consistently been a bad month for bitcoin, October, on...
Dash Breaches the Price Trend Due to Bearish Set Back
2.10.2020
Dash, at the press time, was trading around $68 after a gradual pull down from the 2-month high marked at $107.93, while currently trades below $70, with a price pull of over 35%. Dash has drawn a significant downtrend on a 5-hourly chart against the US Dollar, and it was in the previous month when...
Bullish Bitcoin Price Trend Intact Even After BTC Retests $11.4K Support
8.8.2020
After dropping 4.89% to confirm $11.4K as support, Bitcoin price is slowly making its way back toward $11.8K
XRP Awaits a Stimulus Price Move; Price Trend May Remain Stuck Around its Support Level
23.3.2020
Apparently, the market is heading towards the third significant price plunge of 2020 amid persisting Coronavirus fears. While major economies like China, Italy, and many others are already affected, it is now India, where the death toll has increased significantly owing to Coronavirus. This...
XRP Manages to Drive-back its Price Trend Above $0.25
4.2.2020
XRP was scarily bearish in the early hours today, but to the investors’ relief, the $0.2400 price level is still intact. The altcoin is following a price pattern perhaps, in which it declines in the first half and rises in the second half of the day. However, the recently formed bullish candlestick...
VeChain (VET) Price Trend Rises Gradually; Yet Faces Hurdles
30.1.2020
VET price is correcting down after the 5-day long mild price surge The coin has formed lower highs over the last couple of days; current momentum of the coin is bearish The bullish trendline has been breached before the coin closed on January 28 The coin is likely to find a support level soon...
Dogecoin’s Price Trend Strengthens; Resistance at $0.002088 is Likely
27.12.2019
Dogecoin managed a hike of 0.067% on the last day where the market is reeling under huge pressure Dogecoin has maintained its value above $0.00201. Even amidst huge volatility in the market, DOGE managed a hike of a marginal 0.067% in the last one day. It has shown three major price swings in...
Dogecoin (DOGE) Indicates the Reversal of Yesterday’s Price Trend
26.12.2019
Dogecoin was spotted registering downtrend from the last few days. The currency usually shields itself from the volatility of the market, but yesterday, it couldn’t resist. Today, Dogecoin’s price is locked around $0.00201. The coin gets vastly affected by Bitcoin which is likely to grow too....
Bitcoin Price Trend Reversal in Progress? Key $7.6K Level Unlocked
23.12.2019
“Is $8K next?” is the question on everyone’s minds as Bitcoin bulls defended the weekly close by pushing the price above the $7.4K and $7.6K resistances
Ripple Price Trend Steps Up; Seeks Stability Above $0.22
2.12.2019
Ripple price witnesses bear today; recently formed a bearish candle The coin struggles to remain above $0.22; support levels appear at $0.2191 Technical indicators look bearish while the coin carries selling pressure XRP coin is heading towards volatility according to the Bollinger bands The crypto...
Bitcoin Cash Price Trend Manifests Volatility Over 3-Months; Currently Declining
22.11.2019
BCH coin looks for a support level; yet to give any sign of recovery Technical indicators look bearish while the coin carries selling pressure Only a shy part of this month has seen the rising crypto market as, since November 6, it is constantly tracing a downtrend. Bitcoin cash (BCH), resonating...
Ethereum Price Trend Depicts Steep Fall; Approaches Crucial Support Area
22.11.2019
Ethereum is one of the Blue Chips among cryptocurrencies, and currently, it is ranked no. 2 by Market Cap. Ethereum is a decentralized smart contract platform where Ether (ETH) is used as a native token. Ethereum Price Analysis: On a 1-week chart, it is clear that the price has been rejected...
Ethereum Resumes Price Rally; Ripple Price Trend Lags Behind
11.11.2019
Ethereum is taking higher strides; two sharp surges took place over the last 24 hours Initially, the week was heavily bearish; broke supports near $190 and $188 at the time Ripple looks flattish as compared to ETH; gives no signs of recovery ETH’s technical indicators give mixed signs, while...
Ethereum Price Trend Surges Drastically to Trade at $191, While XRP Remains Subtle at $0.30
6.11.2019
Ethereum was rightly trading below its major resistance level $190 in order to cross lines at $200 since the start of the ongoing month. However, yesterday, ETH price went as high as $192.47 and is trading at $191.61 (at the time of writing), as per the data feed from Coinbase. Important to note...