The price of Polygon (MATIC) has fallen since May 11 and entered the oversold zone of the market. The cryptocurrency's value fell to a low of $0.82 before rising back above that level.
Polygon price long-term forecast: bearish
At the time o...
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Binance Coin price action over the last three months has led to a rising wedge formation, forecasting a 25% crash.
If BNB flips the $300 psychological level into a resistance barrier, it will likely kickstart a nosedive.
On the other hand, if buyers push BNB above $356, it could catalyze a move to $445.
Binance Coin...
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Ethereum price is expected to fall to $1,400, unless the $1,850 price level is flipped into support.
Ethereum large wallet holders have exhibited some selling while some whales have been acquiring this sold supply.
This stability of the network was also questioned this week after ETH faced finality issues for nearly ha...
After the painful several days in which BTC slumped below $26,000 to chart a new two-month low, the asset has bounced off and reclaimed $27,000 earlier today.
Several altcoins have outperformed bitcoin in the past day so, including LTC, LDO, TONCOIN, APT, BCH, and GRT.
BTC Back Above $27K
It was less than a week ago when bitcoin skyrocketed to a multi-day high of $28,400 after the US CPI numbers for April came out. However,...
The altcoins with the worst weekly performance are the cryptocurrencies analyzed.
Altcoins are trading in the declining trend zone. In some cases, the crypto assets have reached both the oversold and the downtrend zone of the chart. In the d...
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Crypto markets have taken a beating over the last few weeks, resulting in a sea of red.
While altcoins have stopped taking a hit, bulls seem to be making a comeback.
The recovery rally is contingent on Bitcoin price respecting key levels and triggering a rebound.
It has been a long week for me personally with a lot o...
Bitcoin’s price has been dropping continuously over the last week, and there may still be more. However, the bearish momentum is much lower than expected, and multiple support levels are available for the market to rely on.
Technical Analysis
By: Edris
The Daily Chart
Looking at the daily timeframe, the price has been declining since getting rejected from the $30K resistance level in April, and it has also broken below the ...
Bitcoin tried its hand at taking down $27,000 yesterday but failed amid low weekend trading volumes and has remained relatively still.
The altcoins are also lacking any substantial price moves, with ETH reclaiming $1,800 and BNB pumping above $310.
Bitcoin Stays Flat
The past several days didn’t go well for the primary cryptocurrency. It all started on Wednesday when the asset jumped from $27,500 to $28,400 in minutes after...
The price of Solana (SOL) is falling as it crosses below the 50-day line SMA. The move below the moving average lines signals that selling pressure continues.
Solana price long term forecast: bearish
Solana hit a low of $20.01 on May 8 befo...
Bitcoin’s troubles continued in the past 24 hours, and the asset charted a new two-month low before recovering over a grand.
The altcoins are in the green today, with LDO taking the main stage with a massive double-digit price surge.
BTC’s Pump and Dump Keeps Rolling
The major news from the past week came when the US CPI numbers for April informed that the inflation rates had slowed down and were actually lower than the exp...