What a week! It’s safe to say that being a bear throughout the past seven days must have been rough. The cryptocurrency market exploded above $1.2 trillion on the back of major gains from the majority of coins, including Bitcoin. There’s a lot to unpack, so let’s dive in.
First things first, Bitcoin’s price is up a whopping 18% in the past seven days, trading above $30K at the time of this writing. The week started on the r...
The cryptocurrency market is seemingly slowing down after days of continuous increases, and most of the coins are charting slight declines.
Nevertheless, the market sentiment remains positive, with some altcoins keeping up their stellar performance.
Bitcoin Bulls Fight for $30K
It seems that $30K is an important level for Bitcoin bulls, not only from a technical standpoint but also from a psychological one. That’s why the b...
Cryptocurrency analysts of Coinidol.com report, the price of Ethereum (ETH) has entered the positive trend zone after breaking above the moving average lines.
Long-term analysis of the Ethereum price: bullish
The largest altcoin is tradi...
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Bitcoin price remains bullish on the longer-term timeframes, eyeing a push up to $35,290.
The three-day chart for BTC is starting to flip bullish and hints at an extension of the 2023 rally.
On the daily variant, however, the big crypto might form a range and retrace to $28,545 before attempting a new leg up.
Bitcoin...
The cryptocurrency market has gone parabolic over the past couple of days, and this has resulted in considerable gains across the board.
Bitcoin is trading above $30K for the first time since April, while other altcoins are also well in the green.
Bitcoin Price Soars Above $30K
The positive sentiment across the market has seen Bitcoin’s price surge past $30,000 for the first time since April 26th, as seen in the chart below...
Cryptocurrency analysts of Coinidol.com report, the price of Binance Coin (BNB) has been rising after staying above the key support level of $220.
Binance Coin price long term forecast: bearish
Since June, the altcoin's price has hovered be...
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Ethereum price consolidation has resulted in an ascending triangle setup.
This technical formation forecasts a 45% upswing on the breakout of the $2,000 psychological level.
A flip of the $1,639 support level will invalidate the bullish thesis for ETH.
Ethereum (ETH) price shows a tight consolidation on the three-day...
After a gradual correction phase spanning the past couple of months, Bitcoin’s price has experienced a recent surge. However, before anticipating a sustained long-term rally, the price must overcome a significant resistance level.
Technical Analysis
By: Edris
The Daily Chart:
After facing rejection at the $30K resistance level in April, Bitcoin’s price has been gradually declining on the daily chart. However, a recent rebou...
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Bitcoin price has rallied 85% year-to-date, keeping 2023’s bullish momentum alive.
Due to the strong uptrend seen over the last few weeks, the Fear and Greed Index has shifted to “greed.”
But a look at on-chain metrics suggests that this move is just the beginning for BTC.
Bitcoin price has shown incredible resilienc...
The past 24 hours saw the market turn green, with the majority of cryptocurrencies charting notable gains.
Some of the reasons for the surge could be the recently-filed BlackRock ETF application, followed by those of WisdomTree and Invesco, as well as the fact that the Wall Street-Backed cryptocurrency exchange EDX just went live.
Let’s dive in.
Bitcoin’s Price Soars to $29K
Following a brief period of stability and consoli...
