I think If buyers manage to overcome this severe upward constraint, they could move up to the 5120-barrier. The break above this level would boost buyers' confidence to push towards the 5280 and 5450 handles. If the bulls succeed in overcoming these obstacles, their focus will shift to the resistance zone of the 5800-mark.
Bitcoin was able to recover after an extreme decline on November 26, 2021. BTC was able to regain almost all of the losses and looks like it is getting prepared for another bullish run.
Bitcoin and COVID
Since the virus caused lockdowns globally in early 2020 Bitcoin’s price was reacting to the discoveries of new variants. The price is not entirely allocated to...
Ethereum Pulls Back After Unsuccessful Attempt To Settle Above The 20 EMA
Crypto Markets Are Under Pressure At The Start Of The Week
Ethereum failed to settle above the 20 EMA at $4,300 and declined towards the support at $4,100 while Bitcoin moved back below the 50 EMA at $59,000.
Ethereum is currently trying to settle back below the support level at $4,200....
Bitcoin enters short-term correction mode
In our previous report, we showed you how Bitcoin tried several times since mid-October to break out above its all-time high of 64,850 (April 2021), but has been unable to hold above it. Not surprisingly, overhead supply created from Bitcoin’s inability to hold at new highs finally sparked a wave of selling that led to a...
Solana is a great piece of technology that solidly challenges Ethereum’s dominance. While the easy money has been made in Solana, we expect more gains ahead.
But Solana traders should watch the targets we’ve given, and take profit as they are reached. Crypto cycles are spectacular but that upward movement doesn’t come for free, as crypto bear markets are brutal....
Ethereum broke through the first major resistance level at $4,811 before sliding to a late intraday low $4,460.00.
Ethereum left the major support and resistance levels untested early on.
Looking at the Technical Indicators
First Major Support Level: $4,439
Pivot Level: $4,653
First Major Resistance Level: $4,847
23.6% FIB Retracement Level:...
ETH/USD Seeking More Upside Muscle: Sally Ho's Technical Analysis 23 October 2021 ETH
Ethereum (ETH/USD) retained its recent upward bias early in the Asian session as the pair’s upside gains encouraged new risk-taking above the 4000 figure. Traders recently pushed ETH/USD as high as the 4374.95 area, representing a test of its all-time high around the 4384.43...
BTC/USD Establishes New Lifetime High In Very Technical Action: Sally Ho's Technical Analysis 22 October 2021 BTC.
Bitcoin (BTC/USD) gave back some recent gains early in the Asian session as the pair consolidated after recently establishing a new lifetime high around the 66999 level following strong upward pressure that easily absorbed the previous lifetime high...
Today's ETHEREUM Update.
Ethereum Steers Into Support, Time For More Slump Or Return to Previous Highs?
Ethereum follows the general sentiment in the market and trends downwards in the daily and weekly charts. After news about a confirmed FUD on China banning crypto-related operations, a portion of the market reacted negatively and created selling...
EOS Climbs 10% As Investors Gain Confidence
EOS was exchanging at $4.3188 by 17:10 (21:10 GMT) on the Investing.com Index on Wednesday, up 10.30% on the day. It was the biggest one-day rate acquire since September 22.
The move upwards pushed EOS's market cap up to $4.0947B, or 0.21% of the absolute cryptographic money market cap. At its most noteworthy, EOS's...
Solana Dip Leads to $250M Lost in Liquidations
Solana appears to be holding above a critical support level after taking a 38% nosedive in the past eight days.
Solana’s price action has generated more than $250 million in liquidations since the peak, with $27 million lost over the last 24 hours.
Now, SOL is sitting above a crucial support...
BNB In Danger Amid Binance Regulatory Pressure
Binance Coin appears to be forming a massive bearish pattern that could see the token's price plummet below $100.
Binance Coin has enjoyed an impressive 32% rally over the last two weeks.
Despite the significant gains, BNB appears to have formed a bullish-to-bearish reversal pattern.
Ethereum (ETH/USD) extended its rebound early in the Asian session as the pair appreciated to the 3007.97 level after trading as low as the 2831.07 area during the European session, with the interday high representing a test of the 23.6% retracement of the depreciating range from 3675.92 to 2805.10. Traders recently drove ETH/USD as low as the 2651 area, a...
Cardano (ADA) Will Moon Shot to $4 by the End of 2021
Most analysts expect Cardano (ADA) to be one of the big 3 cryptos in the crypto world. The asset is already ranked at number 3 based on market capitalization. Bitcoin and Ethereum hold the top titles and are seen as revolutionary and functional.
Now, with Cardano’s latest Alonzo mainnet upgrade, the asset...
Tesla Bull Cathie Wood Says There's No Bubble, 2008-09 Debacle Has Put 'Fear' In Investors — And More Key Takeaways From Morningstar Appearance
The head of the New York-based Ark Investment Management was speaking virtually at the Morningstar Investment Conference and discussed high equity valuation of stocks such as Tesla with veteran investor Rob Arnott,...