Trading

Weekly Cryptocurrency Analysis: Altcoins Return To Their Expected Price Level

The cryptocurrency market is in an uptrend, while others are recovering above the moving average lines. Weekly price analysis by Coinidol.com. The existence of doji candlesticks has slowed down the price movement to a certain extent. Let us t...

Ethereum (ETH) Outperformed Bitcoin (BTC) During ETF Approval Week (Market Watch)

Bitcoin has calmed at around $43,000 after the recent volatility propelled by the US Securities and Exchange Commission and the launch of 11 spot ETFs. On a weekly scale, though, BTC is in the red, unlike most cryptocurrencies, such as ETH, which has soared by double digits. BTC Down on ETF Approval Week After years and years of delaying and rejecting countless applications, the US securities regulator finally greenlighted ...

Dogecoin Price Falls But Holds Above $0.074

The price of Dogecoin (DOGE) has fallen below the moving average lines. Long-term outlook for the Dogecoin price: bearish The negative momentum has weakened since the price broke down above the $0.073 support level on January 3. The DOGE pric...

ETF Hype Over? Bitcoin (BTC) Price Dumped to 2024 Lows of $41.5K (Weekend Watch)

The highly volatile moves after the approval of the first US spot Bitcoin ETFs continued in the past 24 hours, with a massive dump to under $41,600. The altcoins have suffered just as badly, with SOL, ADA, AVAX, and others slumping by more than 5-6% in the same timeframe. BTC’s Volatility Returns Bitcoin and the entire cryptocurrency industry had a very eventful week, in which the US SEC was expected to approve the first sp...

Bitcoin ETF Aftermath: Is $50K Next? (BTC Price Analysis)

Bitcoin’s price has undergone a consistent surge following the recent announcement of SEC ETF approval, reaching a crucial resistance region. This price range includes the upper boundary of the ascending channel and the static resistance at $48K, presenting challenges in reclaiming this significant level. Technical Analysis By Shayan The Daily Chart A comprehensive analysis of the daily chart reveals a sustained uptrend in ...

Bitcoin Spot ETF Approved, Ethereum Explodes 20% Weekly, and More: This Week’s Crypto Recap

What a week… The United States Securities and Exchange Commission finally greenlighted a spot Bitcoin Exchange-Traded Fund (ETF). Those of you who’ve been following the industry for many years know that this has been one of the most highly-anticipated moments, and it’s absolutely monumental how far the industry has come in 2024. But the process itself was particularly scuffed, to say the least. First, the SEC’s X account wa...

BTC Calms at $46K After ETF Rollercoaster, BCH and FTT Explode by Double Digits (Market Watch)

The first trading day of 11 spot Bitcoin ETFs on the US stock markets was quite eventful, with numerous price movements that resulted in a multi-year peak and a massive dump. The altcoins are also slightly in the red now on a daily scale, aside from BCH and FTT, which have soared by double digits. BTC’s Rollercoaster Kept Going The primary cryptocurrency received controversial recognition and validation from the US Securiti...

XRP Starts Upswing And Holds Above $0.54

The price of the Ripple coin (XRP) has been able to hold above the support level of $0.54 since January 7, indicating that a recovery has begun. Buyers have pushed the altcoin to the moving average lines ahead of a favorable trend. Long-ter...

SEC Finally Approved Spot Bitcoin ETF, Here’s What Happened to BTC’s Price (Market Watch)

After a decade-long struggle, the US Securities and Exchange Commission finally greenlighted a spot Bitcoin ETF, which, expectedly, resulted in enhanced price movements for the underlying asset. At the same time, some assets, such as ETH, have performed quite impressively, registering a 20-month peak. BTC’s Rollercoaster Ever since the start of the year, all eyes in the cryptocurrency industry have been on the SEC and the a...

BNB Continues Its Uptrend And Holds Above $300

The price of Binance Coin or Binance Chain Native Token (BNB) has maintained its uptrend by reclaiming the 21-day SMA support and staying above it. Long-term forecast for the BNB price: bullish Since December 28, the price of the cryptocurre...
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