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Ethereum Technical Analysis: ETH Faces Bearish Momentum With Potential for Short-Term Recovery
5.8.2024
On August 5, 2024, ethereum’s price action has been dominated by strong bearish sentiment across multiple timeframes. While short-term consolidation suggests some indecision, the overall market indicators point towards continued downward pressure. With critical support levels approaching...
Bitcoin Technical Analysis: $50,000 Support Under Siege as Bearish Trends Persist
5.8.2024
Bitcoin’s price reached a five-month low, dipping to $49,647 at 2:25 a.m. EDT on Monday, Aug. 5. This decline is fueled by growing concerns about an impending recession, with Japan’s Nikkei experiencing its steepest daily drop since ‘Black Monday’ in 1987. Futures for the Dow, Nasdaq...
Bitcoin price loses $60K, but a maturing Wyckoff signal gives hope
4.8.2024
The bullish outlook appears despite the ongoing Bitcoin sell-off, which is being led by the growing risks of a recession in the United States
Bitcoin Indicator That Forewarned Late 2023 Volatility Explosion Is Lighting Up Again
1.8.2024
Bitcoin's Bollinger bandwidth has narrowed to levels that have historically preceded volatility explosions
XRP déjà vu: Is another 60,000% price surge on the horizon?
30.7.2024
XRP’s monthly volatility has plunged to its lowest levels ever, approaching the range that preceded the 60,000% price surge in 2017-2018
Ethereum Technical Analysis: ETH Shows Signs of Recovery as Bulls Eye $3,400 Breakout
29.7.2024
Ethereum is currently priced at $3,374, with intraday fluctuations ranging from $3,253 to $3,395. Boasting a market capitalization of $407 billion and a 24-hour trade volume of $11.49 billion, ETH demonstrates significant market activity. Ethereum The hourly chart for ethereum (ETH) depicts a sharp...
Bitcoin Technical Analysis: BTC Surges Past $69K, Faces Key Resistance Near $70K
29.7.2024
On July 29, 2024, bitcoin continues its bullish trend, demonstrating significant strength across multiple time frames. As of today, bitcoin is trading at $69,456 with a 24-hour price range between $67,618 and $69,842. Key technical indicators suggest that bitcoin’s upward momentum is likely...
Why is XRP price up today?
24.7.2024
XRP price rallies despite a broader crypto market correction, with traders focusing on the upcoming closed meeting between Ripple and the US SEC
Ether's BTC-Denominated Price Flirts With 9-Year-Long Trendline Support: Technical Analysis
24.7.2024
The trendline connecting 2016 and 2017 lows has consistently offered support since January
XRP price hasn’t seen $1 since 2021 — But this could change in Q4
23.7.2024
Three big catalysts for a potential XRP price boom include technicals, significant whale accumulation, and the nearing resolution of Ripple’s legal battle with the SEC
Ethereum Technical Analysis: ETH Eyes Bullish Rebound Amidst Consolidation
22.7.2024
Ethereum’s price on July 22, 2024, stands at $3,497, showing a dynamic interplay of market forces. The cryptocurrency’s recent movements exhibit consolidation with a potential bullish resurgence. Ethereum The 1-hour ETH/USD chart reveals critical support at $3,411 and resistance...
Bitcoin Technical Analysis: BTC Balances Short-Term Corrections and Long-Term Bullish Momentum
22.7.2024
On Monday, bitcoin’s price stands at $67,463 per unit, within an intraday 24-hour range of $65,833 to $68,486. The leading crypto asset boasts an overall market capitalization of $1.33 trillion and a 24-hour trade volume of $31 billion. Bitcoin Bitcoin’s 1-hour chart indicates...
Veteran Trader Peter Brandt Identifies Bitcoin’s Down Channel Pattern
21.7.2024
Veteran trader Peter Brandt has emphasized that the current bitcoin price pattern “appears as a down channel.” Brandt’s recent analysis also indicates a potentially significant long-term upside for bitcoin, contrasting with gold advocate Peter Schiff’s bearish stance...
Why is XRP price up today?
17.7.2024
XRP has outperformed the broader crypto market, boosted by its underbought RSI and whale interest
Crypto Traders Search for Clues in Solana's Triangle Pattern
16.7.2024
SOL's months-long triangular price consolidation could bring good news for the bulls
Peter Brandt Anticipates Bullish Move for Bitcoin, Says ‘Bears Are Trapped’
16.7.2024
Veteran trader Peter Brandt’s recent bitcoin analysis suggests a bullish momentum, noting that a bear trap is confirmed by the July 13 close. However, this outlook is contingent on bitcoin staying above $56,000. Brandt recently predicted a potential BTC peak at $150,000 by late 2025. Peter...
Ethereum Technical Analysis: ETH’s Bullish Momentum Continues Amid Uptrend
15.7.2024
As of July 15, 2024, ethereum (ETH) maintains its bullish trajectory, showing promising signs across various technical indicators. With its current price at $3,341 and a market capitalization of $401 billion, ether has demonstrated strong performance over recent trading sessions. Ethereum...
Bitcoin Technical Analysis: BTC Pushes Through Resistance, Bullish Momentum Builds
15.7.2024
Bitcoin is currently priced at $62,612, with a 24-hour intraday price range of $59,302 to $63,259. The market capitalization stands at $1.23 trillion, and the 24-hour trade volume is $28.37 billion. Bitcoin The BTC/USD 1-hour chart indicates a recent uptrend starting from $59,302, peaking...
Bitcoin Technical Analysis: Bulls Held Back by Selling Pressure and Key Resistance
12.7.2024
Bitcoin’s price on July 12, 2024, exhibits a clear bearish trend across multiple timeframes. The leading cryptocurrency’s current price stands at $57,237, with a notable intraday range from $56,608 to $59,516. Bitcoin On the 1-hour chart, bitcoin shows a decline from a high of $59,516...
Why is Bitcoin price stuck?
11.7.2024
Bitcoin price is stuck in a downtrend as sellers across the market refuse to relent