Bitcoin faced enhanced volatility on Friday as well, dumping in minutes to $42,600 before jumping to $44,400 and ultimately settling below $44,000.
Many altcoins have charted massive price declines over the past 24 hours, with AVAX, ADA, SOL, and LINK leading this adverse trend.
Dominance on the Rise: Bitcoin
Although it has been less than a week since the start of the new year, BTC has already recorded several massive pric...
The price of Dogecoin (DOGE) fell to a mandatory minimum before rising again. The cryptocurrency tested the 1.618 Fibonacci extension to reach the low of $0.073.
Long-term forecast for the Dogecoin price: bearish
DOGE recovered but remained st...
This week has been quite eventful in terms of Bitcoin’s price action. In general, the total market capitalization increased by some $20 billion, which came on the back of a slight uptick in BTC. Most of the altcoins are trading in the red, so let’s have a look at what happened.
First things first, Bitcoin is currently sitting at slightly below $44K, registering an increase of 2% for the past seven days. This also makes it t...
Bitcoin slumped hard two days ago to under $42,000 but has reacted well and spiked above $44,000 earlier today.
Most altcoins have also continued to rebound, with ETH soaring past $2,250 and SOL back above $100.
BTC to Reclaim $44K?
Perhaps fueled by the growing anticipation of an SEC decision in terms of spot Bitcoin ETFs, the start of 2024 has been quite volatile and noteworthy. A day into the new year, the primary crypto...
The price of Ethereum (ETH) has been trapped between moving average lines since the drop on January 3.
Long-term analysis of the Ethereum price: bullish
The largest cryptocurrency fell to a low of $2,097 on January 3, but investors bought the...
Bitcoin’s price experienced a massive drop yesterday, fluctuating over 10% in 24 hours. While the cryptocurrency has yet to break below any significant support level, analyzing the root of this move and what it means for the market is essential.
Yesterday’s crash, albeit caused by a questionable report, provides some insightful data from a technical perspective.
Technical Analysis
By TradingRage
The Daily Chart
On the daily...
Bitcoin’s price went on a real-life rollercoaster at the start of the new year with a pump to $46,000 and a massive dump by nearly five grand yesterday.
Most altcoins are buried in red as well, with the total crypto market cap declining by about $150 billion at one point yesterday.
BTC Slumps Hard
The quiet end of 2023 is nowhere to be found in 2024, at least for now. Bitcoin exploded on Tuesday from $42,500 to a 21-month p...
The price of Binance Chain Native Coin (BNB) rose to a high of $338, but then fell back above the support level of $307. BNB price analysis by Coinidol.com.
BNB price long-term forecast: bullish
The altcoin has stabilized above the moving ave...
Despite retracing slightly since yesterday’s peak at almost $46,000, the primary cryptocurrency has managed to defend the $45,000 level.
Most altcoins have slipped hard today, including yesterday’s top gainers – Solana, Avalanche, and MATIC.
BTC Slides Back Down to $45K
Bitcoin had a quiet last week of 2023, in which it stood mainly in a tight range between $42,000 and $43,000. All eyes are on 2024 now, given the overall bu...
Cardano (ADA) continues to trade in the positive trend zone and above the 21-day simple moving average. Price analysis by Coinidol.com.
Long-term forecast for the Cardano price: range
After rejecting the $0.68 resistance level, the ADA pric...
