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Price analysis 8/31: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
31.8.2022
Bitcoin’s technical setup leans toward additional downside, leading some traders to exit altcoins which are struggling at overhead resistance levels
Solana Nears the Immediate Support: SOL to Trade Even Lower
31.8.2022
Solana as a blockchain is relatively young after its raw debut in April 2020. Since its launch, the token has performed well, moving to $250 during the peak crypto cycle in October 2022. The short-term rise without fundamental developments in its transaction process and the ability to overcome...
Bitcoin and Ethereum Struggle to Continue Higher, NEXO Outperforms
31.8.2022
Bitcoin price is still struggling to clear the USD 20,500 resistance and is currently (12:18 PM UTC) consolidating above the USD 20,300 level. BTC is unchanged in a day and down almost 6% in a week.
Similarly, most major altcoins are facing hurdles. ETH is facing strong resistance near USD 1,620...
Bitcoin and Ethereum Eye Additional Gains, NEXO Rallies
31.8.2022
Bitcoin price once again recovered after dropping below USD 20,000 yesterday and is currently (03:52 UTC) trading above USD 20,400 and eyeing more gains. BTC is now almost unchanged in a day and down 5% in a week.
Similarly, most major altcoins might move higher. ETH recovered above USD 1,600...
Bitcoin and Ethereum Inch Higher, ATOM and LDO Accelerate
30.8.2022
After clearing the USD 20,000 resistance zone, BTC is currently (11:36 UTC) trading near USD 20,470 and it might attempt a clear move above the USD 20,500 zone. If the bulls remain in action, the price might also test the USD 21,200 resistance. BTC is up 3% in a day and down 4% in a week....
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Bitcoin and Ethereum Consolidate, FLOW and LDO Outperform
30.8.2022
Yesterday, bitcoin price recovered from the USD 19,500 zone and is now still fluctuating above the USD 20,000 level. It is currently (03:53 UTC) consolidating near USD 20,200 and facing resistance near USD 20,500. BTC is up 2% in a day and down almost 6% in a week.
Similarly, most major altcoins...
Price analysis 8/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC
29.8.2022
Bitcoin bulls are fighting to hold the $20,000 level and several altcoins have seized upon the range-bound trading by rallying up to 10%
Bitcoin and Ethereum Consolidate, AVAX and CHZ Dive
29.8.2022
Bitcoin price found support near the USD 19,500 zone. BTC started a consolidation phase above the USD 19,500 level. It is currently (11:20 UTC) trading near USD 19,800 and might attempt a recovery above USD 20,000.
Similarly, most major altcoins are consolidating losses. ETH is trading below...
Bitcoin and Ethereum Resume Downtrend, Altcoins Turn Red
29.8.2022
Bitcoin price failed to stay in a positive zone above USD 21,000. BTC started a fresh decline and traded below USD 20,000. It is currently (04:00 UTC) trading well below USD 20,000 with a bearish angle.
Similarly, most major altcoins are trading in the red zone. ETH traded below the USD 1,550...
Crypto Economy Slides Under $1 Trillion, as Bitcoin and Ethereum Dive Below Previous Support Zones
27.8.2022
On Saturday, August 27, 2022, the global market capitalization of all the crypto assets in existence dropped under the $1 trillion mark and the leading crypto asset bitcoin slipped below the $20K region for the first time since mid-July. Crypto Economy Craters — More Than $240 Billion Erased...
Price analysis 8/26: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC
26.8.2022
Bitcoin and altcoins followed stocks lower after hawkish statements from the Federal Reserve confirmed that the central bank remains serious about reducing inflation
Bitcoin and Ethereum Experience A Fresh Decline, XRP Outperforms
26.8.2022
Bitcoin price failed to stay above the USD 21,650 resistance zone. BTC slowly moved lower below the USD 21,500 level. It is currently (11:20 UTC) showing a few bearish signs and might decline below USD 21,000.
Similarly, most major altcoins are slowly moving lower. ETH failed near USD 1,720...
Uniglo (GLO) Paladin Audit Is Proof That It Can Keep Up To Cryptos Like Cardano (ADA) And Solana (SOL)
26.8.2022
Uniglo (GLO) has announced that it will partner with Paladin to audit its smart contracts. This is a big win for the project, as it shows that it can keep up with the big boys like Cardano (ADA) and Solana (SOL). The partnership will help to ensure the security of Uniglo’s smart contracts...
Bitcoin and Ethereum Stuck Below Resistance, TFUEL Surges
26.8.2022
Bitcoin price formed a base above the USD 21,000 zone. BTC started a recovery wave and climbed above the USD 21,500 zone. It is currently (04:00 UTC) consolidating and facing a strong resistance near the USD 22,000 zone.
Similarly, most major altcoins are struggling to gain bullish momentum....
Bitcoin and Ethereum Start Recovery, ETC and ATOM Rally
25.8.2022
Bitcoin price remained supported above the USD 21,000 zone. BTC started a recovery wave and climbed above the USD 21,500 zone. It is currently (04:00 UTC) showing a few positive signs and might rise towards the USD 22,000 level.
Similarly, most major altcoins are slowly moving higher. ETH was able...
Price analysis 8/24: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC
24.8.2022
Crypto traders expect a range expansion once the Jackson Hole symposium is complete and the Fed’s perspectives on inflation, interest rate hikes and the health of the economy are made public
Bitcoin and Ethereum Aim At Key Upside Break
24.8.2022
Bitcoin price consolidated above the USD 21,000 support zone. BTC is still struggling to gain pace above the USD 21,650 resistance. It is currently (11:20 UTC) showing a few positive signs and might start a recovery wave towards USD 22,000.
Similarly, most major altcoins are facing important...
Bitcoin and Ethereum Stuck In Range, Altcoins Struggle
24.8.2022
Bitcoin price remained in a range above the USD 21,000 support zone. BTC made a few attempts to clear the USD 21,650 resistance but failed. It is currently (04:00 UTC) trading in a range and might soon make the next move.
Similarly, most major altcoins are struggling to start a recovery wave....
Solana (SOL) Fails to Breach Consolidation for the Third Time!
23.8.2022
Solana has lost significant value in the last thirty days, which indicates that negative sentiment has developed recently. Despite the negative trend, its position as the 9th largest cryptocurrency by market capitalization remains untouched. This observation further confirms the negative outlook...
Bitcoin and Ethereum Struggle To Clear Hurdles, ATOM Surges
23.8.2022
Bitcoin price started an upside correction above the USD 21,200 resistance zone. BTC is currently (11:20 UTC) facing resistance near USD 21,500 and USD 21,650. A clear move above USD 21,650 might start a steady increase.
Similarly, most major altcoins are facing important hurdles. ETH...