The Polygon Ecosystem Token (POL) price has reached a bearish exhaustion and has dropped to a low of $0.34.
Polygon Ecosystem Token price long term prediction: bearish
On August 5, as reported by Coinidol.com previously, the bulls bought the ...
The cryptocurrency market failed to capitalize on the somewhat positive movements during the past couple of days and retraced during the early morning European trading session on Monday.
It appears that participants are awaiting multiple economic events in the US scheduled to take place during the weekend, including the minutes of the last Fed meeting. Let’s dive in.
Bitcoin Price Stalls Below $59K
The leading cryptocurrenc...
Ethereum (ETH) has been trading below the $2,800 level, or the 21-day SMA, since August 8. Price analysis by Coinidol.com.
Buyers tried to hold the price above the moving average lines last week but failed to do so. The upward movement encoun...
The markets remained relatively calm today and even made slight progress. The total capitalization is inching closer to $2.2 trillion, as most coins are charting marginal gains.
Bitcoin’s Price Tests $60K
Bitcoin’s price is consolidating around $60K, and many analysts believe it’s about to soar back above that.
In the past 24 hours, BTC tried to break through this pivotal level, but the buyers were unable to sustain the pri...
Bitcoin’s price is recovering steadily from the drops experienced the other day, and the bulls are now targeting a critical resistance level.
That said, some of the altcoins are also going through a resurgence, with a few particular ones standing out.
Let’s dive in.
Bitcoin Price Pushing $60K
As seen in the chart below, Bitcoin’s price has managed to almost complete a V-shaped recovery from the lows at around $56K from two ...
The price of Solana (SOL) is bearish as it continues its sideways pattern.
Long-term Solana price prediction: ranging
On August 8, the cryptocurrency was trapped between two moving average lines before its recent decline, as Coinidol.com wrote...
The broader cryptocurrency market lost around $70 billion in capitalization in the past seven days as the majority of the coins are trading in the red. This comes on the backs of considerable drops in the past few days, so let’s dive in.
Starting with Bitcoin, the price was trading above $60K this time last week, and a push above $61K was even attempted during the weekend. As soon as Monday came, though, the bears took cont...
The past 24 hours saw substantial movements in Bitcoin and many altcoins. The price action resulted in a mixed performance, with some of the cryptocurrencies charting slight gains while others showed slight declines.
Bitcoin’s Price Shaky Around $58K
Many analysts have touted the $58K price region as an important liquidity zone, and the cryptocurrency’s behavior around it is likely to determine its future direction.
Yesterd...
The price of Shiba Inu (SHIB) continues to hover above the current support of $0.00001271.
Shiba Inu price long-term prediction: bearish
On August 5, the altcoin reached a low of $0.00001079 before recovering. The bulls halted the ...
Bitcoin’s price soared to a multi-day peak of almost $62,000 yesterday but failed there, and the subsequent rejection drove it south by around four grand.
The altcoins have turned red on a daily scale as well, with ETH retracing by 4.5% to just over $2,600.
BTC Down to $58K
The primary cryptocurrency had a volatile last week but managed to recover most of the losses by its end. On Friday, the asset had neared $63,000 after ...