Unlike the previous few weekends, this one is turning out to be more positive for bitcoin, which spiked to over $27,000 earlier today.
The altcoins also trade in the green today. SOL is among the most notable gainers, with a 5% surge that helped it reclaim $20.
BTC Above $27K
Last week didn’t go all that well for the primary cryptocurrency, especially after the latest rejection at $27,500 recorded on Tuesday. The bears took...
Over the past few weeks, Bitcoin’s price has been consolidating within a narrow range after breaking below the 50-day moving average. The market is currently situated between two notable levels, leaving room for several potential scenarios to unfold.
Technical Analysis
By: Edris
The Daily Chart:
The price on the daily timeframe has yet to display a notable upward or downward movement. If a rally takes place in the upcoming ...
The price of Solana (SOL) is still falling below the moving average lines.
Solana price long term forecast: bearish
After falling to a low of $18, the altcoin took an upward correction on May 24. The 21-day line SMA is expected to reject th...
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US President Joe Biden has urged the United States House and Senate to "pass the agreement right away."
Biden and Republican Kevin McCarthy reached the "agreement in principle" to raise the federal government's multi-trillion dollar debt ceiling.
The positive news has inspired a recovery across financial markets, with ...
After charting the latest multi-weekly low at under $26,000, bitcoin has performed better and even neared $27,000 earlier today.
Most alternative coins have also charted minor gains on a daily scale. Render Token emerges as this week’s best performer from the top 100.
BTC to Challenge $27K?
Bitcoin tried its hand at taking down the resistance level at $27,500 a few times this past week but to no avail. The latest rejection ...
Cryptocurrencies such as RNDR, KAVA and TRON have entered uptrend zones as altcoins cross their associated resistance levels. But the downtrend is still a problem for HT and NEO. So let us take a look at a few of these other coins.
Render Token
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There are exciting weeks in the cryptocurrency market, and then there are weeks like the last one. It felt like the last seven days were a constant chop for Bitcoin, bouncing between $26K and $27K with absolutely no particular direction.
The market is trading more or less where it was last week, and it currently sits at $1.17 billion per data from CoinGecko. This comes on the back of minor movements from major coins such as...
After dipping to a 13-day low yesterday, bitcoin reacted well and regained almost $600 in the following hours.
Most altcoins are also slightly in the green on a daily scale, including ETH, MATIC, XRP, and LTC. LDO, on the other hand, has dropped below $2.
BTC Remains Above $26K
The primary cryptocurrency stood in a tight range, as confirmed by Glassnode recently, that had it trading mostly around $27,000. It tried its hand ...
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Ethereum price breaks back above $1,800 on Friday in the ASIA PAC session.
ETH signals a bullish outlook with the RSI showing spare room to head higher.
Should ETH bulls cross above the green ascending trendline, expect to see a jump to $1,875.
Ethereum (ETH) price is working on its recovery after it dipped to a two-...
The Ripple (XRP) price, which has crossed the 21-day moving average line, is in an upward correction.
Long-term forecast for the Ripple price: bullish
The cryptocurrency asset is currently trapped between the moving average lines while tra...
