The cryptocurrency market has been trending sideways for the past few days, following the considerable declines from earlier in the week. It appears that traders are now looking for a direction, and major cryptocurrencies trade around important levels.
Let’s start with Bitcoin.
Bitcoin Struggles at $67K
Bitcoin’s price seems incapable of moving past the $67K definitively, having dropped toward it earlier in the week. At the...
The price of Cardano (ADA) is declining in a sideways pattern. Price analysis by Coinidol.com.
Long-term forecast for Cardano price: ranging
Resistance at $0.49 and the moving average lines have slowed the uptrend. On June 7, the altcoin was ...
Bitcoin went on a real rollercoaster in the past few days in anticipation of the US CPI numbers and the subsequent FOMC meeting.
The altcoins went on a similar ride, but now that the dust has settled, TON has emerged as today’s top performer, followed by FET and KAS.
BTC’s Volatile Ride
The primary cryptocurrency had a quiet weekend in which it stood primarily around $69,500. Monday began on a more positive note as the asse...
The worst-performing altcoins are struggling with overhead resistance this week, and their trend is downward.
While some cryptocurrencies are trending downwards, others have resumed their sideways movement.
FLOKI
The price of FLO...
Bitcoin’s price actions have been heavily influenced by major economic developments on the US front once again, as it dropped from over $70,000 to $66,000 ahead of the US CPI data and the latest FOMC meeting.
The altcoins also faced massive volatility lately, but PEPE has emerged as the top dog with a 10% surge.
BTC Prepares for US Developments
The primary cryptocurrency had a violent end to last week as it dropped from $72...
Cryptocurrency analysts of Coinidol.com report, the price of Litecoin (LTC) has fallen below the moving average lines after the price drop on June 7.
Long-term prediction of the Litecoin price: in range
Since May 20, the price of the crypto...
The cryptocurrency market continues declining following the crash that happened late last week. The total capitalization was pushed below $2.6 trillion on the back of significant losses by Bitcoin an most of the altcoins.
Bitcoin’s Price Plummets Toward $67K
At the time of this writing, BTC is trading at around $67,500, having plunged all the way down to around $67,200 on Binance. The move paints a 2.7% decline in the past ...
Bitcoin (BTC) price plummets after failing to hold above the crucial 21-day SMA support.
Long-term forecast for the Bitcoin price: bullish
So far, the largest cryptocurrency has failed to break above the $72,000 resistance level. The bulls we...
Bitcoin’s dull price actions over the weekend were briefly interrupted with a minor increase toward $70,000 but the asset was stopped in its tracks and has returned to a familiar ground.
Most altcoins are also quite sluggish today, aside from BNB, NEAR, FIL, FET, and a few others, which have recorded notable price drops.
BTC Dominance on the Rise
Bitcoin had a strong last week in terms of ETF inflows, as these financial veh...
The price of Solana (SOL) has fallen below the moving average lines but has made a stop at the 50-day SMA.
Long-term forecast for Solana price: bearish
The bears were unable to break above the 50-day SMA as the cryptocurrency reached bearish ...
