Tag Archives: Key

Chainlink has been struggling to break above $11.00 throughout the past few days and weeks. This level has become a strong resistance for the cryptocurrency, and both bulls and bears have largely reached an impasse. Although Chainlink has a history of forming price trends independent of the rest of the …

Bitcoin price is holding an important support near the $11,230 level against the US Dollar. BTC is likely to rally above $11,500 as long as it is above the $11,000 pivot level. Bitcoin started a downside correction after it failed to clear the $11,600 resistance zone. The price is still …

Filecoin (FIL) started a strong rally above the $60.00 and $65.00 resistance levels. The price is currently correcting lower, but there is a strong support near the $60.00 level. Filecoin price climbed sharply from the $52.00 support and surged over 50% against the US dollar. The price tested the $75.00 …

Ethereum corrected lower after testing the $395 resistance against the US Dollar. ETH price is currently following the 100 hourly SMA, and it could resume its rally above $385. Ethereum is following a nice bullish trend above the $375 and $380 levels. The price is trading above the 100 hourly …

The question of whether DeFi will take over CeFi and DEXs replace CEXs keeps lingering in people’s minds, especially since the space has begun to rise so rapidly. Yet, simply observing how CEXs (especially industry-leading CEXs) are responding to the rise of DeFi is a great reference to the development …

The futures contracts premium and the long-to-short ratio show that top traders feel bullish about Bitcoin price. Source link

In the medium term, technical analysts and traders believe Bitcoin (BTC) is headed for an extended uptrend. For BTC to reach for a new all-time high, traders pinpoint $13,000 as the main resistance level. In the past two years and a half, Bitcoin surpassed $13,000 only once in July 2019. …

DeFi-tokens corrected heavily over the past 30-days but on-chain data suggest Ether is in the early stages of a bullish reversal. Source link

Ripple is up over 6% and it climbed higher above the $0.2450 resistance against the US Dollar. XRP price is still struggling to clear the key $0.2550 resistance zone. Ripple gained bullish momentum and surged above $0.2450 against the US dollar. The price ran into the main $0.2550 resistance and …

Bitcoin price slipped as the Dow Jones sharply dropped, but three key reasons might prevent a prolonged pullback. Source link