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Bitcoin, Ethereum Technical Analysis: BTC Hovers Slightly Above $20,000, as Crypto Volatility Continues
6.7.2022
BTC was trading higher on hump day, as bullish momentum picked up as the week progressed. Prices once again tested a key resistance level above $20,000, with ETH also hovering around a ceiling of its own during Wednesday’s session. Bitcoin Bitcoin was trading in the green for most...
Cosmos Challenges 50 EMA Resistance; Good Times Waiting for ATOM!
6.7.2022
Cosmos blockchain targets to replace bitter rivalry amongst cryptocurrencies with acceptance and collaboration. It enables blockchains to interact with one another, adding to the existing level of scalable interoperability. It uses a unique consensus mechanism named Tendermint, created by one...
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,100 as BTC Briefly Hits $20K on Tuesday
5.7.2022
BTC briefly rose back above $20,000 on Tuesday, as U.S. markets reopened following yesterday’s Independence Day holiday. Prices of ETH also surged, climbing over its $1,100 resistance level. Overall, the crypto market cap is trading 0.63% higher. Bitcoin On Tuesday, bitcoin rallied back...
Biggest Movers: ATOM up for Fourth Straight Session, While XTZ Rebounds on Saturday Low
2.7.2022
Cosmos rose for a fourth consecutive session to start the weekend, as prices edged closer to a resistance point. While cosmos (ATOM) extended gains, tezos (XTZ) rebounded following a streak of recent losing sessions, with bulls seemingly buying this weeks’ dip. Cosmos (ATOM) Cosmos (ATOM)...
BNB Close to Its Immediate Resistance; Will It Cross $260?
28.6.2022
In 2019, Binance launched the Binance Chain, and in 2020 launched the Binance Smart Check. Later, BNB became the native cryptocurrency coin of both blockchains. Until recently, BNB’s official name was Binance Coin, but in February this year, it rebranded to BNB, which stands for build...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower, as Both Run Into Strong Resistance
27.6.2022
Bitcoin remained close to a ten-day high on Monday, as prices consolidated following gains from the weekend. Although ETH was lower to start the week, it was also able to remain close to Sunday’s peak around the $1,280 level. Bitcoin BTC was consolidating during today’s trading...
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