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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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...
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Uniswap price fell by nearly 6% in the past 24 hours after posting a 53% rally started in mid-June.
Active deposits on the network fell to a 6-month low, suggesting UNI holders are less likely to take profits at the moment.
More than 23% of all UNI investors have shed their status of “being at a loss,” and in order to ...
Bitcoin tried its hand at overcoming $30,000 once more in the past 24 hours but was stopped in its tracks and remains below that line now.
The altcoins are also slightly in the red once more, with TRX and LINK dropping by around 3% daily.
BTC Can’t Overcome $30K
Ever since BTC lost all of its momentum gained from the Ripple partial court victory and dumped back down to $30,000, the asset has been struggling to remain above ...
Cryptocurrency analysts of Coinidol.com report, the price of Solana (SOL) is in an uptrend, but has slipped below the upper resistance level of $26.
Solana (SOL) Long-Term Prediction: Bullish
If the cryptocurrency price retraces above the 21...
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Dogecoin price has been on a downtrend for nearly nine months.
DOGE holders wait for another breakout after the last one triggered a 163% rally.
A breakdown below the $0.0495 support level will invalidate the bullish thesis for the meme coin.
Dogecoin (DOGE) price has remained bearish since May 2021, with the except...
Cryptocurrency analysts of Coinidol.com report, Shiba Inu (SHIB) is trapped at the upper end of the price range and continues to move between $0.00000650 and $0.00000800.
Shiba Inu price long-term forecast: fluctuation range
Bulls broke t...
The cryptocurrency market has been bleeding out slowly throughout the past 24 hours, losing some $9 billion in the process. This comes on the back of losses from altcoins, which have been charting slight declines across the board.
Meanwhile, Bitcoin’s price keeps stagnating at the same place it was yesterday.
Bitcoin Fights For $30K
The Bitcoin price has failed to overcome the $30K level. What is more – it appears that the ...
