Past Performance of Tezos Technically, XTZUSDT remains in a bear breakout formation despite recent gains at the tail-end of last week. Tezos is trading at near 2022 lows, posting lower lows versus the USDT when writing. The coin is down four percent in the past 24 hours but at near break-even in the past trading week. #Tezos Technical Analysis Presently, XTZ is...
Past Performance of Bitcoin BTC bulls are still struggling at spot rates and with relatively low trading volumes slowing down the rally beyond immediate ceilings. BTC prices are consolidating horizontally at spot rates even though the primary trend is bearish. As per the BTCUSDT arrangement, the immediate resistance level is at May 11 highs of $32k. #Bitcoin...
Past Performance of Ethereum ETH prices are relatively stable, swinging, from a top-down analysis, in a bear formation pattern as per the candlestick arrangement in the daily chart. Even though traders are hopeful, expecting substantial recoveries, bulls should first shake off bears by closing above $2.2k in the immediate term. In that case, ETH may spring higher...
Past Performance of Stellar Lumens Stellar Lumens is up 30 percent from last week's lows. Currently, XLM is stable in the past 24 hours and down double digits versus the USDT in the past trading week. Generally, the coin remains under pressure and within a bear breakout formation below Q1 2022 lows. #Stellar Lumens Technical Analysis The XLM coin is changing...
Past Performance of Bitcoin Bitcoin prices continue to move within tight trade ranges when writing. Although there were hints of strength, the pullback from May 15's highs could slow down ambitious buyers. As per the current arrangement, sellers remain in control as long as prices continue oscillating inside May 9 and 11 bear candlesticks. #Bitcoin Technical...
Past Performance of BNB The BNB price is posting higher highs but is within a bearish breakout formation. The immediate resistance line is $320—marking May 11 highs. How BNB reacts at this level may define the short to the medium-term formation, even propping bulls after last week's dumps. #BNB Technical Analysis From the daily chart, BNBUSDT prices are...
Past Performance of Bitcoin There are flashes of strength as per the BTCUSDT candlestick arrangement in the daily chart. Despite the encouraging recovery, BTC bulls are not out of the woods, at least for now. Bitcoin prices are still within a bearish breakout formation. Besides, bulls are yet to reverse recent losses, and prices are within last week's trade...
Past Performance of Bitcoin The BTC price is back above $30k when writing, trackers reveal. The recovery is a shot in the arm for buyers following sharp, destabilizing losses below $28k on May 12. Sellers are still in control, but the pullback from the present reaction line could point to slowing down bears and a possibility of a higher high over the weekend. BTC...
Past Performance of Tezos XTZ prices are printing higher at spot rates, adding 10 percent in the previous trading day. Like the rest of the crypto markets, the coin appears to be finding its footing after deep, double-digit losses of the past trading week. Overall, sellers are still in control though the tide could change in the immediate term if XTZ prices are...
Past Performance of TRX As per the candlestick arrangement in the daily chart, sellers are dominant. TRX is at break even versus the USDT in the last trading week. However, bulls are resilient, soaking the deluge of selling pressure of early this week. Presently, buyers stand a chance if they keep prices above $0.07 with more headroom if there is a snapback to...
Past Performance of Bitcoin The Bitcoin price is within a bear breakout formation as per the arrangement in the daily chart. By early May 11, BTC was down double digits in the last trading week, dropping 31 percent and below the critical support level of $29.5k. Sellers remain firmly in control, and BTCUSDT in new 2022 territory. #Bitcoin Technical Analysis...
Past Performance of Ethereum Ethereum is deep in red like most crypto assets. When writing, ETH is up four percent in the past trading day but is down 16 percent week-to-date versus the USDT. There are encouraging recoveries at spot rates. However, this is not enough to dissuade holders who were pummeled on May 9 following the sharp dump that saw ETH plunge to as...
Past Performance of Bitcoin According to trackers, Bitcoin is back to July 2021 lows when writing, dumping double digits in the last trading week. At spot rates, BTC is bearish and retesting critical support lines. Although the coin is evidently under immense selling pressure, the rejection of lower prices on May 10 could indicate shifting trader sentiments. ...
Past Performance of LUNA The LUNA coin continues to slip versus the USDT when writing. Although buyers are confident, sellers have been firm. As per the performance in the daily chart, LUNA is within a bear breakout formation as bulls are capped below $80. In the previous trading week, the coin is down 11 percent against the USDT. If sellers press, the token...
Past Performance of Bitcoin Bitcoin is inches away from retesting Q1 2022 lows. The coin is down four percent in the last trading day. Buyers are struggling to keep up against a deluge of sellers. Based on the formation in the daily chart, traders can unload on every attempt to pullback towards recent highs. #Bitcoin Technical Analysis BTC sellers are firmly...
Past Performance of Cardano ADA prices are down eight percent at spot rates following high volatility on May 4 and 5. While the crypto market unexpectedly dumped yesterday, ADA bulls stand a slight chance. Prices are still within the May 4 bullish bar, a bullish development from a technical perspective. Still, whether ADA will recover depends on if buyers can...
Past Performance of #Bitcoin The BTC price is down nine percent in the previous trading week, sliding below the recent sideways movement defined by the April 26 bear bar. In a breakout formation, BTC fell, underperforming the USDT. Technically, sellers remain in control, mirroring the formation of April 11. Then BTC dumped below a multi-week support trend line,...
Past Performance of #ETHBTC There was an ETH price expansion early this week, but bulls were muted on May 3 and 4. However, BTC is trailing the BTC following encouraging surges on May 1 and 2. ETH bulls would likely build on the bullish engulfing bar of early this leg, setting the foundation for an expansion above April highs of around 0.076 BTC. ETHBTC...