The price of Solana (SOL) is trapped between the moving average lines as buyers and sellers continue to compete for the price.
Solana price long term forecast: fluctuation zone
On January 17, buyers tried to hold the price above the 21-day...
Despite positive developments such as the approval of Bitcoin spot ETFs by the U.S. Securities and Exchange Commission, Bitcoin’s price encountered significant rejection, resulting in a notable 17% decline.
However, as the cryptocurrency approaches a crucial support region, there is potential for a renewed bullish movement.
Technical Analysis
By Shayan
The Daily Chart
Analyzing the daily chart, Bitcoin’s attempt to overcome...
Bitcoin’s untypical lack of volatility continues as the asset has failed to move during the weekend from the $41,500 mark.
Most altcoins are also quite sluggish now, with minor gains seen from the likes of ETH, SOL, XRP, BNB, and ADA.
BTC’s Stagnation Continues
The ETF approvals from last week came amid enhanced volatility that saw BTC going up and down by several thousand dollars. The peak came on Thursday when the product...
Bitcoin’s untypical lack of volatility continues as the asset has failed to move during the weekend from the $41,500 mark.
Most altcoins are also quite sluggish now, with minor gains seen from the likes of ETH, SOL, XRP, BNB, and ADA.
BTC’s Stagnation Continues
The ETF approvals from last week came amid enhanced volatility that saw BTC going up and down by several thousand dollars. The peak came on Thursday when the product...
The price of Dogecoin (DOGE) has been below the moving average lines since the price slump on January 3, 2024.
Long-term forecast for the Dogecoin price: bearish
Selling pressure has paused above the current support level of $0.073. The bears...
Bitcoin dumped once more yesterday to a new monthly low of under $40,500, but it reacted well and dumped above $42,000 hours later.
The altcoins continue to be quite sluggish, with little to no movements, aside from LINK, which has jumped by around 5%.
BTC’s Declines
The primary cryptocurrency had two completely different weeks. Last week, it soared past $49,000 on the day that 11 spot BTC ETFs reached the US markets and du...
The cryptocurrency has retreated and is retesting the current support level of $0.00000890. According to price analysis by Coinidol.com, the bears tested the current support three times as the cryptocurrency rose above it.
Shiba Inu price long ...
Bitcoin’s price has recently been rejected from a significant resistance area and is beginning to show characteristics of a bearish reversal. However, several support levels are still available that can push the cryptocurrency back higher.
Technical Analysis
By TradingRage
Bitcoin Price Analysis: The Daily Chart
On the daily timeframe, the price has been forming a large ascending channel below the $48K level. Following a re...
The cryptocurrency market seems to have been cooling off throughout the past seven days, decreasing to its current capitalization of $1.69 trillion. This comes a week after the United States Securities and Exchange Commission approved a spot Bitcoin ETF.
Undoubtedly, the above has been on everyone’s mind for the last few months. Now that the approval is finally here, the market is cooling down. Somewhat expectedly, the ETF ...
Bitcoin’s price continues its downfall ever since the US SEC greenlighted a bunch of ETFs last week, and it dumped to its lowest position since mid-December 2023 of under $41,000.
The landscape with the altcoins is quite similar, and the total crypto market cap has declined by roughly $50 billion overnight.
BTC Dumps Below $41K
Last week was highly volatile as the SEC approved 11 spot BTC ETFs in the middle of it. The bulls...
