Bitcoin’s prolonged downward correction has encountered a pause in the vicinity of a significant support area, primarily defined by the 200-day moving average, sparking a slight rebound. However, the recent uptick appears to lack the necessary momentum, suggesting a potential phase of sideways consolidation.
Technical Analysis
By Shayan
The Daily Chart
A thorough examination of the daily chart reveals a temporary halt in Bi...
Altcoins are vulnerable to a further decline as the worst-performing cryptocurrencies trade in a bearish trend zone.
Cryptocurrencies are losing current support levels. We'll talk about a few different cryptocurrencies.
ORDI
ORDI (O...
Bitcoin (BTC) has experienced little to no volatility in the past three days. On the other hand, the asset is in the green on a weekly scale.
Altcoins that have also charted some gains in the last seven days include Solana (SOL), Avalanche (AVAX), and more. Similar to BTC, they have failed to impress in the last 24 hours, though.
Bitcoin’s Consolidation
As of the moment of writing these lines, Bitcoin’s price is trading at ...
Altcoins are likely to return to their previous highs.
The cryptocurrencies listed below are trading in the bullish trend zone. We will take a look at a few of these virtual currencies.
Manta Network
Manta Network (MANTA) is in an u...
The price of Quant (QNT) has fallen below the moving average lines but remains above the $106 support. Price analysis by Coinidol.com.
Long-term forecast for Quant price: bearish
The $106 support has been maintained since January 8, 2024. On ...
The past week saw somewhat of a rollercoaster in terms of price action as Bitcoin’s decline sent ripples across the entire market.
Now, however, the primary cryptocurrency is attempting a recovery, which has also treated altcoins well, many of which chart increases in the past 24 hours.
Bitcoin Price Shoots to $42K
At the time of this writing, Bitcoin’s price is trading at around $41.5K, charting an increase of 3.4% in the ...
The price of Ethereum (ETH) has fallen below the moving average lines but remains above the $2,168 support. ETH price analysis by Coinidol.com.
Long-term analysis of the Ethereum price: bearish
The current support level of $2,168 corresponds ...
Bitcoin’s price has been making lower highs and lows recently, following a decisive rejection from the significant $48K level.
Investors are now wondering whether the uptrend is over or a new all-time high is still on the cards.
Technical Analysis
By TradingRage
The Daily Chart
On the daily chart, the price has been formed and broken below an ascending channel below the $48K resistance level. This is a corrective (or bearis...
This week’s been quite the ride in the crypto markets, which currently stand at a total capitalization of around $1.68 trillion. That’s down some $50 billion throughout the past seven days, which have been particularly volatile, so let’s dive in.
Bitcoin’s price went mad this week. On January 19th, it skyrocketed above $41.5K in a violent green candle and consolidated at that level for a few weeks, but it was on the 22nd wh...
Bitcoin continues to trade sideways around the $40,000 mark with little to no actual movements over the past 24 hours.
The alternative coins are in a similar state. There are only a few notable gainers within this time frame, including OKB, NEAR, and OP.
BTC Stagnates
The primary cryptocurrency faced enhanced volatility two weeks ago when the SEC finally greenlighted spot Bitcoin ETFs to reach the US markets. There were num...
