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Bitcoin, Ethereum Technical Analysis: ETH on the Cusp of $1,200 Following Breakout of Key Resistance Level
24.6.2022
Bitcoin edged marginally higher on the last Friday of the month, breaking out of its recent resistance of $21,100 in the process. ETH was also in the green during today’s session, climbing by nearly 5% to move past a price ceiling of its own. Bitcoin Following a turbulent week of trading...
Bitcoin, Ethereum Technical Analysis: Bullish Sentiment Returns to BTC Following Yesterday’s Sell-off
23.6.2022
Following yesterday’s drop in price, bitcoin stabilized during Thursday’s session, as prices hovered marginally below $21,000. Bulls are attempting to take BTC back towards this resistance level, which was broken as a result of Wednesday’s sell-off. Bitcoin BTC was trading...
Biggest Movers: UNI Moves Into Top 20, as SHIB Hits Highest Point Since May
22.6.2022
Uniswap moved into the crypto top 20 on Wednesday, relegating MATIC, after surging by over 10% today. UNI has now gained for four straight sessions, as it approaches a key resistance point. SHIB was once again higher today, with prices hitting their highest point since May. Uniswap (UNI) UNI...
Bitcoin Sees Resistance at $21K as Investors Record Losses of Over $7B: Glassnode
20.6.2022
On-chain data shows investors exited positions acquired at much higher prices over the past three-day period
Resistance is futile! 3 reasons why Bitcoin mining will never go away
16.6.2022
Numerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done
Bitcoin Bounces Above $27K-$30K Support Zone; Resistance at $33K-$35K
6.6.2022
Bitcoin (BTC) current price range between $27K and $33K remains intact after several weeks of negative returns. Upside could be limited because of long-term negative momentum
Bitcoin Weighed Down by $34K Resistance; Support at $20K-$25K
3.6.2022
Bitcoin (BTC) price action is stabilizing over the short-term, but expect a rise in volatility. There is strong resistance at the 50-day moving average, currently at $34K, although support at $20K-$25K could keep buyers active
Bitcoin Stabilizes in Tight Trading Range, Resistance at $33K
2.6.2022
Bitcoin (BTC) continues to trade around a midpoint of $30K. Upside appears limited despite positive momentum on the daily chart
Bitcoin Relief Bounce Faces Resistance at $33K-$35K
31.5.2022
Bitcoin (BTC) buyers are reacting to oversold conditions, which could stabilize price action and delay additional breakdowns. Short-term momentum is improving
Bitcoin Faces Resistance at $33K; Support at $22K-$25K
27.5.2022
Bitcoin (BTC) could face another volatility spike once price exits its current range. Lower support is between $22K-$25K, although additional downside targets suggests the bear market could continue
Bitcoin Pares Earlier Losses; Resistance at $33K
26.5.2022
Bitcoin (BTC) is stuck in a choppy trading range, anchored at the $30K price level. Upside appears limited as most indicators are neutral short-term and bearish long-term
Bitcoin Stabilizes in Tight Range; Support at $27K, Resistance at $30K-$35K
25.5.2022
Bitcoin (BTC) remains neutral and is stuck in a consolidation phase. The cryptocurrency could see a volatile price move once a breakout or breakdown occurs. Indicators are neutral
Bitcoin Rangebound; Support at $27K, Resistance at $33K
24.5.2022
Bitcoin (BTC) continues to trade in a tight range, albeit anchored above $27K support. Technical indicators are neutral, and upside appears to be limited from here
Bitcoin Holds Support at $27K-30K; Resistance at $35K
23.5.2022
Bitcoin (BTC) has traded in a tight range over the past week. The cryptocurrency is on watch for a brief relief bounce above $30K, although upside appears to be limited from here
Bitcoin Returns Above $30K, Resistance at $35K
19.5.2022
Bitcoin (BTC) is trading in a choppy range, although upside appears to be limited as the downtrend stabilizes. Countertrend signals could point to a relief rally in BTC and stocks, although it is too early to confirm
Bitcoin Rises to $30K; Resistance at $35K
17.5.2022
Bitcoin (BTC) is stabilizing around the $30K price level. The cryptocurrency is on track to register a positive momentum signal on the daily chart, similar to what occurred in late-March. Still, nearby resistance could cap an upswing in price
Bitcoin Struggles at $27K-$30K Support Zone; Resistance at $35K
16.5.2022
Bitcoin (BTC) upside appears to be limited despite short-term support at $27K and $30K. Momentum signals remain weak, which could stall a relief rally in price
Bitcoin Oversold; Resistance At $33K-$35K
13.5.2022
Bitcoin (BTC) is on track for its first consecutive seven-week decline – a sign of negative price momentum. The relief bounce could stall with resistance nearby
Bitcoin Holding Support Above $27K; Resistance at $35K-$40K
12.5.2022
Bitcoin (BTC) could see a short-term relief bounce as countertrend exhaustion signals appeared on the daily chart. Still, negative long-term momentum means upside is limited from here
Bitcoin Holding Support at $30K, Resistance at $35K
10.5.2022
Bitcoin (BTC) is stabilizing around $30K, which is the bottom of a year-long trading range. There are initial signs of capitulation, evidenced by an uptick in volume, albeit not as extreme as previous sell-offs. Upside remains limited