Bitcoin price returns above $62,000 and nearly touches $63,000 for the first time since mid-April. As affirmed by the general technical picture, BTC is in the bulls’ hands; a break above $65,000 would quickly push BTC to $68,000. Bitcoin settled above $62,000 following an impressive run last week. The move allowed more bulls to join the market amid rising...
Bitcoin price makes a comeback above $59,000, closing in on $60,000 now more than ever since the recovery started in July. A BTC Futures ETH is likely to debut in the market following expected approval by the US regulator. Bitcoin continues to excite investors with its gradual but consistent quest for the all-time highs near $65,000. The bellwether...
Ethereum regains its glory above $3,600, and investors look toward $4,000. Ether’s intraday outlook remains bullish based on the MACD and the RSI. Ethereum is back in the green in tandem with the largest cryptocurrency, Bitcoin. The former has returned t levels above $3,600 while the former currently trades above $58,000 while making headway to $60,000. ...
Bitcoin price regains momentum as bulls launch fresh bid for the all-time highs. More than 94 million people from developing countries would be ready to shun national currencies for cryptocurrency. The cryptocurrency market is back in the green after a couple of retracement days, mainly for most altcoins. On the other hand, Bitcoin displays a bullish case,...
XRP price forced below $1.1 and the 100 SMA following overhead pressure at $1.2. The MACD and the RSI emphasize the emergent selling pressure, risking Ripple’s freefall to $1. Ripple had gradually and with struggle rose to $1.2 during the weekend session. In September, the international money transfer token lost ground to $0.86. The lower prices allowed more...
Bitcoin price kicks of the new week’s trading above $56,000 as the distance to $60,000 reduces. BTC potential keeps growing with every passing day, bolstered by a high accumulation from the whales. Bitcoin completed the weekend with remarkable action above $56,000. In the last couple of weeks, the flagship cryptocurrency has flipped many resistances into...
Ethereum price rejected from $3,600, forcing bulls to seek refuge above $3,500 or risk declines to $3,400. Short-term technical indicators gradually flip bearish, implying that the path with the least resistance is downward. Ethereum rally to $3,600 has not been without struggle and delays. Bulls have been putting up an aggressive fight since the gigantic...
Bitcoin price nearly breaks above $56,000 but retreats to affirm higher support around $55,000 before resuming the uptrend. A falling Bitcoin supply on exchanges could quickly bolster the price above $60,000 as selling pressure fades. Bitcoin has kept its October winning streak Intact. Although the bellwether cryptocurrency suffered delays at $51,800, leading...
Cardano price teeters within a wide range, marked by the 50-day SMA on the upside and the 100-day SMA on the downside. The IOMAP model reveals that ADA sits on robust support while the absence of a massive resistance favors the bulls. Cardano is seen trading at $2.2 on Monday toward the end of the Asian session. The smart contracts token is becoming...
Bitcoin price held support at the 50-day SMA on Monday, prompting bulls to retake control for gains above $55,000. A daily close above $55,000 might validate the uptrend to $55,000, but delays are expected in the hurdle between $52,000 and $53,000. Bitcoin is on the verge of a breakout above $50,000 for the first time since September 6. On Monday, the largest...
Bitcoin price uptrend suffers delay at the supply zone near $48,000, forcing bulls to rally support above the 50-day SMA. The uptrend seems intact and would make it to $52,000 if BTC bulls overcome resistance at $48,000 in the short term. Bitcoin flipped green last Friday and added more than $5,000 to its value to trade roughly above $48,000. Before this, the...
Bitcoin price ascends close to $44,000, but the uptrend slows before confirming breakout above the falling wedge pattern. The US will not follow China and ban cryptocurrencies but maintains there is a need to regulate stablecoins. Bitcoin has in the last 24 hours shook the ground, lifting above $43,000. The largest cryptocurrency closed the gap at $44,000 but...
Ethereum aggressively fights to step above $3,000 a cloud of doubt reigns at its ability to overcome congestion at $3,200. A dwindling on-chain activity is a bearish sign for Ethereum, implying that bulls may not have the power to sustain an uptrend. Ethereum bulls have been pushing for action above $3,000, but all attempts made toward $3,200 have resulted in...
Bitcoin price holds firmly to the demand zone above $40,000 and is reinforced by the 100-day SMA. The IOMAP on-chain model highlights immense resistance and support levels, hinting at BTC’s consolidation lasting longer. The flagship cryptocurrency appears to be in stasis between a rock and a hard place. On the downside, $40,000 has grown to be formidable...
Cardano loses ground within the confines of a descending parallel channel. The recovery from $2 support is a daunting task for the bulls, especially with the resistance highlighted by the IOMAP metric. Cardano continues to bite into the key support at $2 amid a highly challenging recovery journey. In early September, ADA climbed above $3 and traded an...
Bitcoin price rises above $44,000 after bulls defended support at $40,000 all weekend long. Bulls have eyes glued on the supply zone at $48,000, but first, the 200-day and the 50-day barriers must come down. Bitcoin remained stable above $40,000 throughout the weekend. Buyers managed to lift the largest cryptocurrency above $42,000 and closed the gap to...
Ethereum is doddering at $3,100 after failing to break the resistance at $3,200. The MACD may call more buyers into the market if Ether confirms a break above $3,200, a move that could bolster ETH toward $4,000. Ethereum moved with its peers on Thursday and managed to reclaim the ground above $3,000. As reported earlier this week, the prominent smart...
Bitcoin bulls flex their muscle with a rebound from $40,000 to $44,000. A golden cross pattern in the daily chart hints at the uptrend achieving more than just listing to $48,000. Bitcoin bulls fought tooth and nail to defend the support at $40,000 earlier this week. The largest cryptocurrency has initially corrected from highs close to $49,000 amid...