Tag: Price Analysis

Crypto Price Analysis & Overview July 10: Bitcoin, Ethereum, Ripple, Cardano,and Doge

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Bitcoin Bitcoin saw a small 1% increase this week as it continued to trade sideways within the confines of a symmetrical triangle pattern. BTC has been trapped within this triangle since the start of June 2020, and a breakout will dictate the next direction. Looking ahead, if the buyers can rebound from the lower boundary […]
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Bitcoin Price Analysis: BTC Plunges $250 Following Another Bart, Is $9000 Incoming?

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Bitcoin was looking promising to take on the $9,500 level yesterday after finally breaking above a critical down-trending resistance. Unfortunately, the breakout was nothing more than an orchestrated trading strategy used commonly by Bitcoin whales to shake out retail traders and likely accumulate more BTC. And it worked. The Bitcoin-Bashing Bart Simpson Pattern Whenever there’s […]
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VeChain Price Analysis: Sky is The Limit as VET Charts 65% Gains in 7 Days

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VET saw a massive price surge over the past 24 hours as the cryptocurrency reached $0.0168. The coin has been on a rampage this week after exploding by a total of 65%. Against Bitcoin, VET created a fresh 19-month high as it reached the 180 SAT level. Key Support & Resistance Levels VET/USD: Support: $0.0136, […]
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Bitcoin Price Analysis: BTC Anticipates Huge Upcoming Move To End This Uncommon Stability

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For the past ten days, the Bitcoin price was trading mostly inside a $200 range between $9000 and $9200. This behavior is very uncommon to a volatile asset such as Bitcoin. Some technical signs point on an end to this saga very soon, probably as the new week starts. Bitcoin Recent Price Action As can […]
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Crypto Price Analysis & Overview July 3: Bitcoin, Ethereum, Ripple, Kyber Network, and Bancor

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Bitcoin Bitcoin pretty much moved sideways this week after slipping by a small 1%. While predominantly trading in a tight range, BTC did slip beneath a critical level on a couple of occasions but has managed to recover. Last week, Bitcoin fell beneath a rising trend line formation that had been in play since mid-March. […]
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Binance Coin Price Analysis: BNB Follows Bitcoin’s Downturn Despite 7-Days Recovery, Charts 3% Daily Loss

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Binance Coin lost 3% over the past hours following a quick drop in Bitcoin’s price. The price continues to face rejection at a crucial resistance line after seven days of recovery. After the breakout, BNB consolidated and dropped back inside a demand zone of 0.0165 BTC BNB/USD: BNB Rejects At Resistance Line Key Resistance Levels: […]
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Bitcoin Price Analysis: BTC Plunges $300 in 2 Hours, Here’s Why

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Bitcoin bears appear to have come out of hibernation today. According to the latest data from Glassnode, Bitcoin hourly addresses hit a 2-year high today and hourly active addresses set at a new yearly high. While these figures might sound promising, they have coincided with a steep $300 crash in Bitcoin’s price over a 2.5 […]
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