The start of the week saw digital currency markets drop significantly in value, as billions of dollars were shaved off the entire crypto economy’s capitalization. A weekly report from Luno and Arcane Research shows February 23 captured the third-largest bitcoin daily trade volume in crypto history, as spot market volume …
Read More »TA: Why Ethereum Could Correct To $1,750 Before A Fresh Increase
Ethereum failed to stay above $1,900 and corrected lower against the US Dollar. ETH price is correcting gains and it seems like to might test $1,750 before a fresh increase. Ethereum is correcting lower from the $1,975 swing high and trading below $1,900. The price is now testing the $1,850 …
Read More »Charted: Cardano (ADA) Dives 20%, Why $0.70 Could Spark Fresh Increase
Cardano’s price traded to a new multi-month high at $0.9860 before correcting lower. ADA declined over 20%, but it is likely to remain well bid near the $0.7000 level. ADA started a strong surge and climbed above $0.9000 before correcting lower against the US dollar. The price is still trading …
Read More »TA: Bitcoin Corrects Lower, Why 100 SMA Is The Key For Fresh Increase
Bitcoin price started a downside correction below $46,000 against the US Dollar. BTC is now consolidating above the $43,800 support and the 100 hourly SMA. Bitcoin failed to stay above the $47,000 level and corrected below $46,000. The price is holding the $44,000 level and the 100 hourly simple moving …
Read More »Charted: Ripple (XRP) Signaling Fresh Rally To $0.55, Dips Supported
Ripple is up over 10% and it broke the $0.4500 resistance against the US Dollar. XRP price is showing positive signs and it is likely to continue higher towards $0.5000 and $0.5500. Ripple is slowly moving higher towards the $0.5000 resistance zone against the US dollar. The price is trading …
Read More »Charted: Chainlink (LINK) Steadies above $24, Fresh Increase To $27 Likely
Chainlink (LINK) traded to a new yearly high near $27.00 before correcting lower, similar to bitcoin and Ethereum. The price is now holding a major support at $24.00 and the 100 SMA (H4). Chainlink token price started a downside correction from the $27.03 high against the US dollar. The price …
Read More »TA: Why Ethereum Above $1,650 Could Start A Fresh Surge
Ethereum started a downside correction and traded below $1,600 against the US Dollar. ETH price found support near $1,487 and it is currently recovering losses. Ethereum started a downside correction below the $1,650 and $1,600 levels. The price is now trading below $1,650 and the 100 hourly simple moving average. …
Read More »Why Bitcoin Price Remains At Risk of A Fresh Drop To $36K
Bitcoin price surged above the $0,000 level before started a downside correction against the US Dollar. BTC is now testing a major support at $38,600, below which it could decline to $36,000. Bitcoin climbed above the $38,000 resistance, but it struggled to stay above $40,000. The price is trading near …
Read More »TA: Bitcoin Consolidated above $36K, Why BTC Could Start A Fresh Increase
Bitcoin price started a downside correction from the $38,000 resistance against the US Dollar. BTC is holding the $36,000 support and it could rise again in the near term. Bitcoin extended its rise and it even cleared the $38,000 resistance (as discussed yesterday). The price is still trading above $36,375 …
Read More »Charted: Chainlink (LINK) Holding Key Support, Bulls Aim Fresh Test of $25
Chainlink (LINK) dipped below $22.00, but it stayed above $20.00, whereas bitcoin and Ethereum struggled. The price is now rising and it is likely to rise towards $24.00 and $25.00. Chainlink token price started a downside correction from the $25.89 high against the US dollar. The price is well bid …
Read More »