Bitcoin’s price is yet to recover above the $30K level after falling below a few days ago. However, the price is currently being supported at around $29,000.
Technical Analysis
By: Edris
The Daily Chart:
On the daily timeframe, the price has been consolidating in a very tight range below the $30K level. The 50-day moving average is around the $29K mark at the moment. If it gets broken to the downside, the 200-day moving ave...
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Cardano price is up 40% since the June 10 low of $0.22, sustaining above an uptrend line with prospects for more gains.
Santiment analytics attributes the rally to growing development activity on the network, with ADA beating Ethereum in third place.
As the token fills a triangle, a breakout with the directional bias p...
All eyes were on the US Federal Reserve yesterday, but the expected interest rate hike didn’t result in any substantial volatility for bitcoin, which remains stuck between $29,000 and $30,000.
The altcoins are slightly in the green, with ETH nearing $1,900 and XRP reclaiming $0.7.
BTC Still Stuck Despite Fed’s Hike
Bitcoin spiked above $30,300 on Sunday after several calm days, but the bears were quick to intercept the move...
Coinidol.com cryptocurrency market analysis. The price of Polygon (MATIC) has reached a new low of $0.72.
Polygon Price Long Term Forecast: Bearish
Polygon price has now fallen to a low of $0.70. Further declines are unlikely as MATIC is trap...
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US House Financial Services Committee has taken measures to reclaim apex position with clear crypto regulatory frameworks.
The move comes as UK, EU, Singapore, and Australia jurisdictions threaten to dethrone the US with more sector clarity.
The HFSC challenges Howey Test’s statutes, seeking to allow digital assets, no...
Bitcoin dipped below $29,000 recently to chart a monthly low but has managed to bounce off and currently sits above that level.
The altcoins also experienced price declines in the past few days, but some, such as DOGE and XRP, have charted some minor gains today.
BTC Maintains $29K
Last week was a rather calm one, which the primary cryptocurrency spent in a tight range of around $30,000. The weekend was similar, and it wasn...
Bitcoin’s price has recently fallen below the key $30K support level. Despite this, investors still have hope that the market will rebound.
Technical Analysis
By: Edris
The Daily Chart:
On the daily timeframe, the price has been consolidating above the $30K level before dropping below it. The 50-day moving average, located around the $29K mark, is currently providing support for the price.
If this level holds, the market wi...
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Since Twitter's rebranding to X, several projects have come up, pumping and dumping as they pedal the ticker X.
Among them, AI-X, X-Coin, and X token have recorded massive pumps and dumps, causing concern.
The incident underscores the need for thorough research and due diligence before investing in a cryptocurrency.
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After failing to remain above $30,000, bitcoin took another turn for the worse and dumped to a new monthly low of just below $29,000.
Most altcoins are bleeding out just as badly, if not worse, with XRP, SOL, BCH, and a few others dumping by more than 5% in a day.
BTC Sees Monthly Low
Bitcoin registered its most impressive price surge two weeks ago when Ripple won a minor victory in court against the SEC. Along with the res...
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Litecoin price has been observing and suggesting a downtrend since the beginning of July.
The ratio of active investors at the money versus those at a loss in the case of LTC is lower than that of Bitcoin.
The declining prices might shake the investors as they are likely to face more losses unless the optimism surround...
