After a few days of consecutive declines, Bitcoin has finally reversed its price trajectory and has tapped $43,000.
Most altcoins are also well in the green today, with SOL reclaiming $100, ADA and AVAX shooting up by 4-5%, and LINK exploding by 16%.
BTC Back to $43K
The primary cryptocurrency went on the offensive after the local bottom charted last Thursday when it dumped to $38,500. It quickly returned to $40,000 and kep...
This week's trending cryptocurrencies saw uneven gains, with cryptocurrencies either maintaining their upward momentum or suffering a slight setback.
Altcoins in the bullish trend zone have resumed their upward movement, while others are trap...
Bitcoin jumped to almost $44,000 yesterday but was violently rejected and pushed back down to $42,000 as the US Federal Reserve refrained from making changes to its monetary policy.
Solana is among the poorest performers within the same timeframe, having dropped by 5% and trading at $95.
BTC Drops to $42K
It was precisely a week ago when BTC bottomed at $38,500 as the hype around the ETF approvals faded. Since then, the bul...
Bitcoin jumped to almost $44,000 yesterday but was violently rejected and pushed back down to $42,000 as the US Federal Reserve refrained from making changes to its monetary policy.
Solana is among the poorest performers within the same timeframe, having dropped by 5% and trading at $95.
BTC Drops to $42K
It was precisely a week ago when BTC bottomed at $38,500 as the hype around the ETF approvals faded. Since then, the bul...
The price of TRON (TRX) has held above the moving average lines but below the $0.1150 resistance level. Coinidol.com bringing cryptocurrency price analysis.
Long-term forecast for the TRON price: fluctuating
Since January 13, 2024, buyers hav...
After encountering a significant rejection at the $48K resistance level, Bitcoin has recently discovered support near the crucial 100-day moving average, prompting a slight retracement. However, if a pullback materializes, the most likely scenario would involve a renewed bearish leg, targeting significant support at $38K.
Technical Analysis
By Shayan
The Daily Chart
Upon analyzing the daily chart, it becomes apparent that f...
Litecoin price analysis by Coinidol.com on February 1, 2024
Litecoin price long-term forecast: ranging
The price of Litecoin (LTC) has been in a sideways trend since the end of the decline on August 17, 2023. The decline slowed above the $64 ...
After a few days of registering impressive gains and nearing $44,000, BTC has reversed its trajectory and currently stands below $43,000.
Quite a few altcoins have dropped even more within the same timeframe, with AVAX, XRP, and ADA standing out as the most substantial losers.
BTC Falls Below $43K
Bitcoin’s most evident post-ETF retracement came last Tuesday when the asset slumped to $38,500. At this point, though, the bull...
Polygon (MATIC) price falls below moving average lines but moves higher. Analysis of Polygon price charts by Coinidol.com.
Long-term Polygon price prediction: range
It was predicted that the cryptocurrency value would rise and fully recover f...
Bitcoin’s consolidation at around $42,000 has finally ended, with the asset’s price jumping to almost $44,000.
Most alternative coins, such as Solana and Cardano, have followed suit, charting even more impressive gains than the primary cryptocurrency.
BTC Eyes the $44K Mark
The past weekend and the first day of the new week have been relatively quiet for Bitcoin, the price of which was hovering between $41,000 and $42,500....
