With Donald Trump seemingly poised to return to the White House, the cryptocurrency market experienced a notable uptick that drove almost all assets higher by impressive percentages. Bitcoin, for one, tapped a new all-time high, while Solana surpassed Binance Coin as the fourth-largest cryptocurrency. BTC Finally Did It The primary cryptocurrency came inches away from breaking its March ATH of $73,737 last Tuesday but failed and tumbled in the following days. This culminated a week later – yesterday – when it dropped below $67,000, thus losing over six grand within this timeframe. The situation around BTC’s price movements was highly related to the US presidential elec...

The price of Dogecoin (DOGE) continued its uptrend on Nov. 6 by breaking above the $0.18 resistance level. Price analysis by Coinidol.com. DOGE price long term forecast: bullish On October 29, the DOGE price was halted at the $0.18 resistance level. On October 29, the DOGE price was stopped at the resistance of $0.18. This caused the altcoin to dip and then rise back above the 21-day SMA support.  DOGE has risen today, breaking above the $0.18 resistance. The bullish momentum is exp...

Perhaps due to the massive outflows from the spot Bitcoin ETFs yesterday or some Mt Gox-related FUD, BTC’s price tumbled hard but managed to recover all losses. The altcoins are relatively sluggish today as well, aside from the two largest meme coins, which have posted impressive gains. Bitcoin Dumps and Recovers After it failed to break into uncharted territory last Tuesday, bitcoin started to lose traction gradually and slipped to $72,000 on Wednesday and Thursday. The landscape worsened on Friday as it dropped below $69,000 on a couple of occasions. After a failed recovery attempt, the bears came back and propelled a few more price declines. This culminated yesterda...

The worst-performing altcoins have fallen to the bottom of the chart by a considerable margin. While they are in a downtrend, some feel compelled to move sideways. A few of these cryptocurrencies are discussed here. Immutable Immutable (IMX) was in a downtrend and has resumed its slide after falling below the moving averages. IMX has risen to a low of $1.07 but remains above support at $1.05. If the bears break the current support, the cryptocurrency will fall back to its previous ...

Bitcoin’s price experienced some volatility during the weekend, but the daily scale shows little to no movement. However, fireworks are expected in the next few days. Even the more volatile by nature altcoins stand quiet today, with XRP being the biggest gainer and LINK the most substantial loser from the larger caps. BTC Calms Ahead of Elections Last Monday started on a more positive note for the primary cryptocurrency, which continued and culminated on Tuesday. At the time, the asset skyrocketed from $68,000 to $73,600, thus coming $150 away from painting a new all-time high. While the community anticipated the record to fall at any given moment, the landscape change...

Altcoins have resumed their uptrend against previously downtrending cryptocurrencies. Other cryptocurrency assets have maintained their uptrend by staying above the moving average lines. Dogecoin  Dogecoin (DOGE) is now in an uptrend but has pulled back above the 21-day SMA. DOGE reached a high of $0.1797 on October 29. The bulls have not been able to sustain their bullish momentum above the $0.18 high. The altcoin has been in a downtrend for the past three days after rejecting the recent...