Ethereum price analysis is bullish today. ETH/USD retested the $4,200 previous low overnight. Buying pressure has returned this morning. Ethereum price analysis is bullish today as we saw the $4,200 support prevent further downside again. Therefore, we expect ETH/USD to move higher over the next 24 hours.
Bitcoin has made significant progress since its inception. There is a possibility that bitcoin developers can change the hard limit, but at what cost? Bitcoin (BTC) has been keeping up with a 200% annualized rate of return. This is despite being disregarded severally. It is presently the leading blockchain-based cryptocurrency globally. The currency recently...
Local resistance at $1.1 broken. The price of Ripple is up today, as we emerged above the previous consolidation region after an overnight advance. As a result, XRP/USD will continue to rise later today and attempt to establish a solid higher high. The target of this bullish rally would be at $1.30-35, depending on the momentum (stronger if the price breaks above $1.20).
AVAX/USD is currently trading at $90. Support is present at $85. The price analysis of the Avalanche cryptocurrency shows that it is trading at a record high of upwards of $98. The AVAX/USD has corrected today, with bulls regaining enough power for a possible move higher, surpassing the previous all-time high level. According to technical models, the next...
AMC Ent. to will start accepting SHIB as a payment method in two to four months The company will involve Bitpay in facilitating transactions. AMC Entertainment Holdings Inc CEO Adam Aron announced that Bitpay decided to support SHIB. Bitpay specifically said yes to his request. So the theatre chain can take Shiba Inu coin for the online purchase of cinema...
Bitcoin Cash price analysis suggests upwards movement to $700 The closest support level lies at $640 BCH faces resistance at the $680 mark. The Bitcoin Cash price analysis shows that after failing to climb above the $720.00 mark, the sellers broke the $680.00 support level as BCH returned to the $640.00 mark. Since then,the price has recovered to the $660 mark as...
Polkadot price analysis is bearish today. Resistance for DOT/USD is present at $46.4. Support for DOT/USD is present at $42.7. The Polkadot price analysis shows that the coin got rejected from further upside as the price went near $46.1. Earlier, the DOT was rejected at $47.6 on 11th November, and it seems like bears are tightening their grip day by day, as now...
Bitcoin (BTC) dipped below $65,000 as buyers continue to take some profits. The cryptocurrency was trading around $64,000 at press time and is down 2% over the past 24 hours. Lower support is seen around $60,000, which could stabilize the current pullback. The relative strength index (RSI) on the four-hour chart is near oversold levels, similar to Oct. 27, which...
The Binance Coin price analysis shows that after failing to climb above the $680 mark, the sellers broke the $650 support level as BNB returned below the $620 mark. Currently, the price is moving towards the $610 mark as the selling continues. The broader cryptocurrency market has observed a bearish market sentiment over the last 24-hours as most major...
The bears have been ruling the BCH/USD price chart for the past few days, as the price has been constantly experiencing a fall. The price underwent considerable decline even today, as the bearish trend brought it down to $656 extreme. This has created chances of the price going in the danger zone, as the bearish trend has been expanding at a constant rate.
Avalanche price analysis is bullish today. AVAX/USD found support at $80/ AVAX is ready to move higher again after testing new all time high. The $73.5 mark was a barrier to more downside yesterday, resulting in sluggish trading this morning above the support. We will most likely observe AVAX/USD rise today, with $86 as the price level to breach.
Solana price analysis is bearish today. SOL/USD rallied to $259 ATH. Selling pressure has returned over the past hours. The bearishness of the Solana price analysis is reinforced today, as we anticipate the $250 mark to hold, bringing the market back down. As a result, we expect SOL/USD to decline and test the previous low at $231.
Litecoin price analysis is bullish today. LTC/USD set a higher lower at $196 Further downsides are currently being rejected. Today’s Litecoin price analysis is bullish because we expect the current decline to establish a higher low and for LTC to reverse thereafter. Before any recovery can be made, Litecoin/USD is expected to consolidate.
The Helium price analysis shows the cryptocurrency is in bullish mode today, as the price shows an increase today as well. Helium is on the upward trend from 22nd September as the HNT price pattern shows sustainment of higher highs along with reasonable corrections over time. But the price curve has been becoming largely steepish from 26th October, when the token...
Solana price analysis is bearish today. SOL/USD rallied to $250 again. Selling pressure has returned over the past hours. Solana price analysis is bearish today as we expect the $250 mark to hold, reversing the market back to the downside. Therefore, we expect SOL/USD to retrace and move towards the $215 mark to retest previous resistance as support.
Ethereum price analysis is bullish today. ETH/USD retraced to $4,450 yesterday. Consolidation was seen overnight. Ethereum price analysis is bullish today as support has been found at $4,450 overnight after a failure to move to $4,400 yesterday. Therefore, ETH/USD has likely set a new higher high, preparing for another push higher next week.
VeChain price analysis is bullish today. The next resistance for VET/USD is present at $0.168. Support is found at $0.140. The Vechain price analysis reveals the bullish momentum is in quite good health. The price of VET/USD has increased significantly over the last three days, from $0.136 to $0.162, breaking above six months’ highest level. The bulls are...
Binance Coin price analysis is bearish today as we expect a retracement to follow after a strong move higher in the morning. Therefore, we expect BNB/USD to return below $600 and look to set a higher low next.