Cryptocurrencies all rose above their moving average lines and recovered from their respective supports.
The price of cryptocurrencies has risen to the point where the market is overbought. Cryptocurrencies are struggling to break through the...
After an extended period of consolidation, Bitcoin’s price has successfully surpassed the critical $30K resistance level. However, it is important to exercise caution within the market, particularly in the short term.
Technical Analysis
By: Edris
The Daily Chart
On the daily timeframe, Bitcoin’s price has experienced a rapid upward movement in the past week, following a strong bounce from the $25K support level. The resista...
The past 24 hours saw Bitcoin’s price attempt a shot at $31K and maintain its dominance over the rest of the market.
It’s worth noting that some altcoins performed incredibly well, charting gains close to 30%. Let’s dive in.
Bitcoin Price Taps $31K
As CryptoPotato reported yesterday, Bitcoin’s price soared to $31K, sparking a wave of liquidations totaling upward of $100 million.
It’s worth noting that Bitcoin’s dominance –...
Cryptocurrency analysts of Coinidol.com report, the price of Quant (QNT) is falling below the moving average lines after being rejected twice at the $120 high.
Quant price long term forecast: bearish
Quant is currently trading for $105.22 at ...
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...
