Bitcoin’s price troubles continued in the past 24 hours as the asset dropped below $62,000 and $61,000 to chart a 6-day low.
Interestingly, not all altcoins have followed BTC on the way south, as some, such as TON and RNDR, have posted impressive gains of around 7% each.
BTC Down to $61K
The primary cryptocurrency had a strong end to the previous week when it jumped from under $59,000 to $62,000 on Friday and kept climbing ...
Bitcoin (BTC) has fallen below the moving average lines after rejecting the 50-day SMA. Price analysis by Coinidol.com.
Long-term forecast for the Bitcoin price: bearish
Since its rejection on April 8, 2024, the price of the cryptocurrency ha...
The positive price movements for bitcoin at the start of the business week were short-lived as the asset has lost over three grand since then and now struggles to remain above $62,000.
The altcoins are in no better state, with DOGE, SOL, and AVAX dropping by 5% or more in the past 24 hours.
BTC Drops Toward $62K
Bitcoin had a highly negative start to May that culminated last Wednesday with a price dump to a two-month low of...
The price of Solana (SOL) bounces and moves positively above the 21-day moving averages.
Solana price long term forecast: bearish
The cryptocurrency is above the 21-day SMA but below the 50-day SMA. The bullish momentum continues an...
Bitcoin’s price was on a roll for a few days and tapped a local peak of over $65,500 yesterday but was pushed down immediately by over two grand.
The altcoins are also deep in the red today, with DOGE, SHIB, and AVAX among the poorest performers from the larger caps.
BTC Stopped at $65.5K
The primary cryptocurrency had a highly volatile and painful last week, which culminated with a massive drop to a two-month low of $56,50...
Cryptocurrency analysts of Coinidol.com report, the price of Shiba Inu (SHIB) is trending sideways due to traders' ambivalence towards the market direction.
Shiba Inu price long term prediction: ranging
Price activity over the past two mont...
After last week’s massacre that drove bitcoin to a multi-month low, the asset’s recovery attempts continue in full force as it jumped above $65,000 for the first time since April 24.
Several altcoins have produced even more impressive gains over the past day, with TON, SOL, and AVAX standing out from the larger caps.
BTC Goes Above $65K
It was less than a week ago, at the start of May, when the primary cryptocurrency was du...
The coin price of Ripple (XRP) rises on the breakout above the 21-day SMA.
Long-term analysis of Ripple: bearish
In the previous price action, the cryptocurrency moved between the $0.46 support and below the moving average lines. The bulls ha...
The price of Cardano (ADA) is in an upward correction and is approaching the 21-day SMA or the $0.48 level.
Long-term outlook for Cardano price: bearish
In the last market activity, the altcoin moved between $0.43 and the 21-day SMA or resist...
Bitcoin’s price recovery tour took it to a multi-day peak of $64,500 yesterday, but the asset failed to continue upward and has retraced by over a grand since then.
Most larger-cal alts are slightly in the red on a daily scale, with TON, ADA, and SHIB declining by 2-4%.
BTC Stopped at $64.5K
The start of May was quite painful for the bitcoin bulls as the cryptocurrency slumped hard after failing to pump above $65,000 a day ...
