Past Performance of Bitcoin Bitcoin traders endured the most pain last week when prices sunk to as low as $17.5k on June 18. At press time, there has been a recovery, with bulls reversing the losses of Saturday. Nonetheless, even with the swing higher, sellers are still in a commanding position. In the previous trading week, Bitcoin is down a massive 21 percent...
Past Performance of Polygon After soaring to $2.88 in Q4 2021, MATIC is now crumbling. The coin is down over 85 percent from peaks in a bear breakout formation. In the past 24 hours alone, MATIC has dropped 12 percent, and traders are in red, unable to cope with the deluge of selling pressure. Technically, Polygon remains in a bear breakout formation, favoring...
Past Performance of Bitcoin Bitcoin prices are still fragile despite the slowdown on June 14. Currently, BTC is down eight percent against the firm USDT in the last trading day. Although traders are calling in bottoms, the odds of BTC dumping towards $20k, or worse, in a bear trend continuation pattern remain high. Technically, sellers are in command, and prices...
Past Performance of Cardano Cardano prices are relatively firm versus the BTC and ETH at spot rates. While the crypto market is down, ADA prices remain inside a $0.25 range, with support at $0.45 and resistance at $0.65. Besides, there is an M-formation, with ADA retracing from the double top. Currently, ADA is down 12 percent week-to-date, but buyers stand a...
Past Performance of Bitcoin The crypto and Bitcoin carnage is on, reading from the performance in the daily chart. Bitcoin is down double digits in the previous trading week and under a strong liquidation wave. In a bear breakout formation, bears have forced the coin to as low as $20.85k before the slight recovery to spot rates. At this pace, the likelihood of...
Past Performance of Solana SOL prices are crumbling in reflection of the entire state of the crypto market. Bears have been relentless, and the sell-off had a massive effect on SOL bulls. At spot rates, the coin is less than $10 from H2 2021 lows. Currently, SOL is down eight percent in the last trading day and 30 percent in the last week of trading. #Solana...
Past Performance of Bitcoin The Bitcoin price crashed on June 12, forcing prices lower in a bear trend continuation pattern as visible in the daily chart. At spot rates, BTC is down roughly 50 percent down from April 2022 highs, and sellers dominate. Currently, BTC is down five percent versus the USDT, down 17 percent in the past trading week. #Bitcoin...
Past Performance of Polkadot The broader crypto market expects a recovery, a development that might lift DOT prices from 2022 pits. Still, sellers remain firmly in control with resistance at the middle BB. Currently, DOT crypto prices are struggling against a deluge of selling pressure. The coin is down roughly three percent in the past trading week. #Polkadot...
Past Performance of Bitcoin Bitcoin continues to swing in a tight range, as visible in the daily chart. BTC prices are steady in the past 24 hours at spot rates and break even versus the USDT in the last trading week. Technically, the BTCUSDT formation points to sellers due to the inability of bulls to push above immediate liquidation levels. Overall, sellers...
Past Performance of Tezos The dominant trend in the short term is bullish. Gleaned from the formation in the daily chart, buyers have the upper hand. Risk-off swing traders may find loading opportunities to buy the dips with targets at immediate key resistance levels. In the past 24 hours, XTZ is up four percent and stable in the previous trading week. #Tezos...
Past Performance of Bitcoin Bitcoin prices are back above the $30k level after the worrying dips earlier yesterday. Currently, BTC prices are stable. The ejection of lower prices from yesterday's late NY Session buoys bulls. Bitcoin is up three percent against the greenback in the past 24 hours but within a bearish formation glancing at the candlestick...
Past Performance of ETHBTC Bitcoin bulls are rampant. ETH is down 22 percent from April 2022 highs versus BTC. From the ETHBTC daily charts, Ethereum is still under pressure and in a bear breakout formation despite ETH gains in the Asaian session. Currently, ETHBTC is trending at around October 2021 lows. Since bear bars are aligned with the lower BB, ETH sellers...
Past Performance of Bitcoin After what promised to be a break-through for Bitcoin, prices slumped earlier today. From the arrangement in the daily chart, price action is now tuned to favor sellers. Notably, prices are back into consolidation and the bear flag, unwinding losses of June 6. Currently, the Bitcoin is down five percent versus the USDT. #Bitcoin...
Past Performance of Ethereum Ethereum prices are racing higher, recovering from 2022 lows of around $1.7k. Bears are still in control despite firm prices and recovery from last week's lows. Traders may find entries to buy the dip at spot rates in anticipation of a recovery. Currently, ETH is up five percent versus the USDT but steady in the past trading week. ...
Past Performance of Bitcoin Until earlier today when BTC prices erupted above $30k, the past two days were uneventful. This resurgence of prices above the psychological $30k is a mark of resurgence and indicates the general state of trader sentiment. At spot rates, BTC is up four percent versus the USDT on the last trading day and up three percent week-to-date....
Past Performance of IOTA There are signals of strength for IOTA in the daily chart. At spot rates, the coin is up eight percent versus the USDT. This is positive for optimistic buyers following the correction on June 1. Further gains reversing losses of mid this week would complete a bullish breakout above the multi-week resistance line marked by the Middle BB. ...
Past Performance of Bitcoin Bitcoin prices are back into the early May 2022 trade range, reading from the performance in the daily chart. Even though the scare of June 1 caused massive liquidation, BTC prices held the line on June 2. Presently, BTC prices are back above $30k and within the May 30 bull bar. Technically, this is bullish, but sellers still have an...
Past Performance of Tezos Tezos prices are retracing from recent highs, reading from the performance in the daily chart. Although there were hints of strength, the failure of bulls to push prices above $2.20, or last week’s highs, should be a concern. Technically, sellers have the upper hand provided prices are below $2.2, the immediate resistance line, from a...