The worst-performing cryptocurrencies are in various stages of decline.
Some altcoins have slipped into oversold territory in the market. Others are correcting upwards as cryptocurrency prices come back from their recent decline.
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Bitcoin’s adventure above $60,000 was short-lived once again, as the asset dumped below that level yesterday and has remained there ever since.
Most altcoins have followed BTC’s example by charting daily drops. In contrast, TRX has soared to over $0.16.
BTC Below $60K Again
After last Thursday’s massive correction that drove bitcoin to a multi-day low of $56,200, the cryptocurrency was mostly on the rise. It spent the weeke...
The price of Cardano (ADA) has resumed its uptrend above the 21-day moving average line as it enters the oversold territory.
Long-term outlook for Cardano price: bearish
On the daily chart, buyers have kept the price above the 21-day SMA, sug...
Bitcoin’s price suddenly surged hours ago from about $58,000 to a weekly high of just over $61,000 before retracing slightly.
The altcoins have also turned green, and the total market cap has added more than $60 billion since yesterday.
BTC Tapped $61K
The end of the previous business week saw a substantial decline for bitcoin as the asset slumped to just over $56,000. However, the bulls were able to intervene and prevent a...
The Polygon Ecosystem Token (POL) price has reached a bearish exhaustion and has dropped to a low of $0.34.
Polygon Ecosystem Token price long term prediction: bearish
On August 5, as reported by Coinidol.com previously, the bulls bought the ...
The cryptocurrency market failed to capitalize on the somewhat positive movements during the past couple of days and retraced during the early morning European trading session on Monday.
It appears that participants are awaiting multiple economic events in the US scheduled to take place during the weekend, including the minutes of the last Fed meeting. Let’s dive in.
Bitcoin Price Stalls Below $59K
The leading cryptocurrenc...
Ethereum (ETH) has been trading below the $2,800 level, or the 21-day SMA, since August 8. Price analysis by Coinidol.com.
Buyers tried to hold the price above the moving average lines last week but failed to do so. The upward movement encoun...
The markets remained relatively calm today and even made slight progress. The total capitalization is inching closer to $2.2 trillion, as most coins are charting marginal gains.
Bitcoin’s Price Tests $60K
Bitcoin’s price is consolidating around $60K, and many analysts believe it’s about to soar back above that.
In the past 24 hours, BTC tried to break through this pivotal level, but the buyers were unable to sustain the pri...
Bitcoin’s price is recovering steadily from the drops experienced the other day, and the bulls are now targeting a critical resistance level.
That said, some of the altcoins are also going through a resurgence, with a few particular ones standing out.
Let’s dive in.
Bitcoin Price Pushing $60K
As seen in the chart below, Bitcoin’s price has managed to almost complete a V-shaped recovery from the lows at around $56K from two ...
The price of Solana (SOL) is bearish as it continues its sideways pattern.
Long-term Solana price prediction: ranging
On August 8, the cryptocurrency was trapped between two moving average lines before its recent decline, as Coinidol.com wrote...
