The price of Binance coin (BNB) has fallen below the moving average lines but remains above the 50-day SMA.
BNB price long-term forecast: bearish
The decline will continue if the bears break below the 50-day SMA. The decline is due ...
Bitcoin’s underwhelming price performance continues as the asset is still unable to conquer the $40,000 level decisively.
Most alternative coins are in a similar position, with little to no movements from the larger caps. ICP and LDO are among the best performers.
BTC Shaky at $40K
BTC’s price movements ever since the approval and subsequent launch of the spot ETFs in the States have been quite unfavorable. The asset plumme...
The altcoins listed below are experiencing rejection at their recent highs.
The rejection has caused altcoins to fall below moving average lines, potentially leading to further selling pressure. We will talk about a few different cryptocurre...
Bitcoin’s retracement has expanded, driven by heightened selling pressure, pushing the price toward a pivotal and decisive support region that includes the critical 200-day moving average and the middle boundary of the ascending channel.
The price action within this significant range holds paramount importance in shaping Bitcoin’s future trajectory.
Technical Analysis
By Shayan
Bitcoin Price Analysis: The Daily Chart
Upon a...
After dropping further below the $39,000 line yesterday to chart a multi-week low, BTC has reacted well and currently sits close to $40,000.
The total crypto market cap has regained more than $30 billion since yesterday’s peak, as several alts have produced impressive increases.
BTC Back to $40K
Following the madness that ensued amid the approvals of 11 spot Bitcoin ETFs in the States, the primary cryptocurrency calmed and ...
TRON (TRX) price has been holding above the moving average lines in a sideways trend.
TRON price long term forecast: in the range
Since November 10, 2023, the sideways movement has remained constant between $0.10 and $0.115. Neither the bul...
The price of Polygon (MATIC) falls below the moving average lines, but is approaching the current support level of $0.73. Price analysis by Coinidol.com.
Long-term forecast for the Polygon price: bearish
The current support level of $0.73 has...
The adverse price movements in the cryptocurrency market continue, with BTC dropping below the coveted $40,000 mark for the first time in nearly two months.
The altcoins have suffered even more, with major losses from the likes of SOL, AVAX, DOGE, DOT, LINK, and others.
Bitcoin’s Struggles Continue
Now that it has been almost two weeks since the launch of the first spot Bitcoin ETFs in the US, it’s safe to conclude that the...
The price of Litecoin (LTC) has slipped back into the downtrend zone as it pulls back into its previous range. Detailed price analysis by Coinidol.com.
Since January 12, the moving average lines have limited the upward movement.
Long-term f...
After several days of trading sideways, BTC’s price trajectory reversed once more for the worse, and the asset slipped below $41,000.
Most alternative coins have followed suit, with AVAX and SOL dumping by more than 5%.
BTC Drops Further
The primary cryptocurrency faced enhanced volatility two weeks ago when the US Securities and Exchange Commission greenlighted 11 spot BTC ETFs. On the day that the products went live on US...
