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Bitcoin (BTC) at a crossroads: a surge before halving or a short-term rebound
Bitcoin is gaining back its momentum The weekly timeframe indicates that in the second week of January, the price faced resistance at the 0.618 Fibonacci retracement level. This resulted in a bearish weekly shooting star candlestick (red icon) with a long upper wick. However, BTC ha ...
Will Polygon (MATIC) be able to break above $1?
Polygon faces resistance at its long-term resistance level On the weekly timeframe, it is evident that MATIC price reached its highest point in December 2021 and has since been on a declining trend, staying within a descending resistance line. This downward movement reached its lowest poin ...
Dogecoin (DOGE) is struggling with horizontal support. How will it end
Dogecoin experiences a decline following a reboundThe daily timeframe reveals that the popular memecoin has been declining since reaching a high of $0.107 on December 11, 2023. This decline has taken place within an ascending parallel channel that has been in existence since June 20 ...
Three altcoins: You don't see them now, but you might hear about them in February
January was a period of mixed performance for the cryptocurrency market. While some altcoins experienced new all-time highs, they encountered a bearish reversal in the latter half of the month.BeInCrypto's editors have identified several promising altcoins that may bring significant ...
Binance: Fraudsters are offering token listings in the name of our exchange
Binance, the world's leading cryptocurrency exchange, has issued a warning about scammers impersonating its top management and offering token listings to cryptocurrency projects. This fraudulent activity has become increasingly prevalent, particularly during the recent bull tren ...
Litecoin (LTC) bounced off 600-day support. Should this be considered a bullish signal?
Litecoin maintains its position above a crucial support level as it continues its upward trend. Since June 2022, the price of LTC has steadily risen along an ascending support line, being successfully tested six times, with the most recent test occurring last week. Additionally, the price reb ...
US authorities: The number of scam projects pretending to be neural networks is growing
The US Commodity Futures Trading Commission (CFTC) announced that the number of fraudulent projects pretending to be neural networks and somehow using artificial intelligence is increasing in the financial market.. Including those who steal cryptocurrency. CFTC warns: ...
Chainlink (LINK): Bulls and bears clash in horizontal range
Chainlink Pushes Against Long-Term Resistance In the weekly timeframe, it can be observed that LINK has experienced significant growth since July 2023. The upward momentum accelerated in October, resulting in a breakout of the long-standing descending resistance line. Towards the en ...
Why the $100 area could be critical to the Solana (SOL) trend
Solana recently experienced a bullish breakout from a corrective pattern. On the daily timeframe, the price reached a high of $126 in December 2023 but started declining in a descending parallel channel. On January 23, 2024, the token hit a low of $78. However, it has since rebounded and has ...
Cardano (ADA) Fall: Short-Term Pullback or Sign of Long-Term Problems
Cardano experiences a decline in price following multiple pullbacks. The weekly chart reveals that ADA has been experiencing significant growth since October 2023. However, despite numerous attempts, it has been unable to break out of a critical horizontal resistance area that has been pre ...
