Ethereum (ETH) Shows Signs of Recovery, Targets Key Resistance at $1,620

Ethereum (ETH) is showing signs of a potential recovery as it attempts to move higher from the $1,565 support level against the US Dollar. To establish a strong recovery, ETH must surpass key resistance levels, particularly $1,620. Key points to consider: Ethereum is striving for a r ...

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 ...

Ethereum (ETH) Price Analysis – August 24: Buyers Retain Control Amidst Price Fluctuations

Ethereum (ETH) Price Analysis for August 24 Buyers remain more powerful than sellers to a certain extent as the prices of most of the coins are rising. [caption id="attachment_28786" align="aligncenter" width="660"] ...

Ripple Network Activity Surges: Potential for Further Growth and Resistance at $0.60

The Ripple network registers an unprecedented level of user activity. A breakout of the critical resistance level of $0.50 could gain further traction The price of Ripple (XRP) is up 20% from its recent local low of May 11. The Ripple Ledger network seems to be attracting an unprecedented level o ...

Litecoin Prepares for Pre-Halving Rally, Analyst Predicts

A renowned cryptocurrency analyst believes Litecoin altcoin is preparing for a "pre-halving rally," which should begin in early August. Michel van de Poppe opined that the LTC coin needs to overcome strong resistance at the $93 level to start the rally. In this case, the ...

Bitcoin Poised for Growth as Analyst Ton Vays Anticipates Breakout

Popular cryptocurrency analyst Ton Vays believes that bitcoin is ending its consolidation phase and is ready to return to a rising trend. According to the cryptocurrency strategist, many investors have already "bought off the bottom of bitcoin," so the first cryptocurrenc ...

Ethereum (ETH) Price Analysis: Short-Term Correction Indicates Potential Bullish Breakout

The Ethereum (ETH) price has been falling since early April, after it deviated above an important long-term resistance level Although the price has yet to recover above that level, wave analysis and short-term price dynamics indicate that ETH will eventually do so. ETH price has fall ...

Credible Crypto Believes Bitcoin Could Reach New Price Records in 2023

Famous cryptocurrency opponent Peter Schiff, who has repeatedly "predicted" the collapse of Bitcoin, is going to release his own collection of NFT, and it is based on the Bitcoin network. Despite all his statements against bitcoin and other cryptocurrencies, Peter Schiff sa ...

Bitcoin Analyst Credible Crypto Predicts New Price Records for Bitcoin in 2023

Popular cryptocurrency analyst under the pseudonym Credible Crypto believes that bitcoin may well update its price record as early as this year. According to the analyst, bitcoin could repeat the impulse waves of growth seen in past bull cycles. Credible Crypto recalled ...

Understanding Bear Traps and Bull Traps in Cryptocurrency Trading

Often the change in the cryptocurrency trend occurs not immediately, but gradually. This gives rise to the so-called bull and bear traps. How to identify them in time and not to incur losses? What is a bear trap The bears in tradin ...

Ethereum Price Faces Bearish Pressure as Resistance Holds

The Ethereum (ETH) price rebounded from a long-term resistance area and then made a bearish break of a short-term pattern. This could condition further declines in Ethereum, which could be either the final phase of a correction or the beginning of a new long-term downtrend. Ethereum: ...

Binance Coin (BNB) Aims for Bullish Breakout: Technical Analysis

The BNB exchange rate is trading near an important horizontal resistance area. Her breakthrough could appreciably accelerate the growth rate of Binance's native coin exchange The cryptocurrency market sagged last week, but BNB, the native token of leading cryptocurrency exchange Binance, did not ...

Crypto Analysts Predict Bullish Rally for Bitcoin

The analyst is anticipating a bullish rally for Bitcoin and is seriously considering the possibility of it surging strongly towards an all-time high of $69,000. DonAlt, a crypto expert, shared his predictions with his nearly half a million social media followers and pointed out that in order to a ...

Crypto Analyst Advises Selling Bitcoin as Market Overbought

In a recent video on the DataDash channel, a crypto analyst cautioned investors to sell their bitcoin as the cryptocurrency market seems to be overbought. The analyst, Nicholas Merten, argued that BTC has experienced an increase of nearly 100% since November 2022 and is likely to face a resistanc ...

Ripple (XRP) Consolidates, but Bullish Outlook Remains

Ripple (XRP) has been consolidating lately after bouncing off the $0.530 resistance area. However, the price may soon resume growth. In March, the Ripple project coin (XRP) was on the rise in a number of indicators, including the growth of popularity in social networks.. On March 29, the price up ...

Binance Coin (BNB) Price Disregards CFTC Lawsuit, Aims for Bullish Rally

Binance Coin (BNB) Price Ignores CFTC Lawsuit Against Binance Crypto Exchange, Seeks Support to Launch Powerful Rally Binance decided to sue On March 27, it became known that the world's largest cryptocurrency exchange Binance Holdings Ltd. and its founder and CEO, Changp ...

Bitcoin’s Long-Term Outlook is Bullish Despite Uncertainty in Short-Term Trends

Long-term timeframes for Bitcoin (BTC) are showing a number of bullish signals, but the direction of the shorter-term trend is still unclear Recent data from the US Federal Reserve showed that between March 8 and 15, the rate of bank deposits in the US fell significantly amid concerns about the t ...