Ethereum (ETH) Price Analysis: Bearish Trend Continues Below $1,600

Ethereum (ETH) price has continued to decline and is currently trading below the $1,600 support level against the US Dollar. ETH is in a bearish zone and may test the $1,500 support zone. Here are some key technical indicators and price levels to watch for Ethereum: Ethereum is tradi ...

Bitcoin Price Analysis: BTC Faces Resistance at $27,000, Bearish Trend Continues

Bitcoin's price is currently in a bearish trend after failing to clear the $27,500 resistance level. It has fallen below the $27,000 and $26,800 support levels, entering a bearish zone. A major bullish trendline was also broken with support near $26,800 on the hourly chart. The price is currently ...

Quant (QNT) Price Declines by 45% in 2023, but Majority of Holders Remain Profitable

Quant (QNT) has experienced a consistent downward trend throughout the year, declining by 45% from February to September. Despite this trend, a significant majority of QNT holders are still in profit, demonstrating the resilience of long-term investors. The current price action for QNT shows a se ...

Veteran Analyst Benjamin Cowen Predicts Possible Depression Phase for Cardano (ADA)

Veteran Analyst Sees Cardano (ADA) Entering Depression Phase, Forecasts Steeper Declines Veteran analyst Benjamin Cowen believes XRP is sliding into the “depression phase,” projecting a downward trajectory that could see t ...

Avalanche Price Prediction: AVAX Token Faces Pressure Amid Unlock Event

Avalanche price prediction: Brace for more AVAX dilution Avalanche’s token has been in a strong bearish trend in the past few months. The token ...

Ethereum Faces Bearish Trend Amidst Price Decline: Technical and On-Chain Analysis

This is The Next Target for ETH If the Drop Continues (Ethereum Price Analysis) After a prolonged period of tranquil price activity near the critical level of $1.8K, there has been a significant and rapid downturn at ETH f ...

Cryptocurrency Analyst DonAlt Predicts Bearish Trend as Bitcoin Sellers Gain Dominance

A popular cryptocurrency analyst under the pseudonym DonAlt believes that the market is once again in a bearish trend and it is bitcoin sellers who are now playing a dominant role. In a new YouTube video, the analyst said that bitcoin's drop to $26 000 accurately indicates that "the bears are onc ...

Ethereum Price Analysis: Uncertainty Prevails as Bulls and Bears Vie for Control

The Ethereum (ETH) price has been falling since early April, when it temporarily deviated above an important long-term horizontal resistance While this may lead to further declines in ETH, both bullish and bearish wave analyses are still relevant. Thus, the direction of the long-term trend of ETH ...

Aptos Price Analysis: Mixed Signals for Future Trend of APT

The Aptos price is trading between the most important support and resistance levels. Whether it breaks up or down may determine the future trend of the APT Price movements and the Relative Strength Index (RSI) give mixed s ...

Litecoin (LTC) Shows Mixed Signals in Short-Term Bullish Pattern Amidst Long-Term Bearish Trend

Litecoin (LTC) has been declining since mid-February. It is now trading within a short-term bullish pattern, but the long-term trend is still bearish. Litecoin gives bearish signals As the results of technical analysis of the weekly chart show, LTC has been rising since J ...

ADA Exchange Rate May Fall Below Key Support Level as Bearish Trend Intensifies

The Cardano (ADA) exchange rate made a bearish break of an important pattern on the daily chart and may fall below a key horizontal support level If that happens, ADA will confirm the current bearish trend. In this case, th ...

MATIC Technical Analysis: Is a Bearish Breakout Imminent?

Polygon (MATIC) broke through the support line of the long-term structure. This could be a signal of the end of the long-term growth phase. The daily timeframe also supports the continuation of the decrease in the rate of MATIC, because a bearish pattern has formed on the chart here. According ...

Technical Analysis: MATIC Facing Risk of Bearish Breakout

Polygon (MATIC) is trying to make a bearish breakout from its long-term price structure. This jeopardizes all the growth seen since the beginning of this year. The daily timeframe is also giving bearish signals. As a consequence, the MATIC course needs an urgent bullish reversal to neutralize the ...

Shiba Inu’s March Forecast: On-Chain Metrics Signal Gloomy Prospects

Shiba Inu (SHIB) Falls 33% In February And It's Not Over In February, the Shiba Inu cryptocurrency experienced a significant decline of 33%, leaving it in the red zone. Unfortunately, the outlook for March isn't much better, as on-chain metrics suggest that the influx o ...

Bearish Signals for Bitcoin and BTCD Index Resistance Stumble

BTC is giving bearish signals Bitcoin's current technical analysis suggests a bearish trend as it breaks through the ascending upport line that has been present on the chart since the start of the year. This break may indicate a significant drawdown of BTC prices in the ne ...

Solana Price Analysis: Is a Drop to $17.60 Inevitable?

Solana (SOL) Loses Momentum, It Will Only Get Worse Solana's (SOL) recent surge above the short-term resistance level was short-lived, indicating a potential early update of the lows for the cryptocurrency. A recent report by BeInCrypto shed light on the fact that the S ...