Ethereum Price Analysis: ETH Eyes $1,750 Resistance, Bulls Eye Further Gains
The Ethereum price is currently making an effort to surpass the $1,720 level against the US Dollar, with potential for further acceleration if it manages to clear the $1,750 resistance. Ethereum is currently striving to exceed the $1,720 level, maintaining a trading position above $1,700, and sta ...
Stellar (XLM/USD) Battles Resistance at $0.20 Amid Strong US Dollar
Stellar (XLM/USD) faces resistance at $0.20, struggles to break through. Strength in the US dollar is contributing to Stellar's recent weakness. The triple bottom support area may not hold if the market reaches that level. Stellar (XLM/USD) has encountered strong resistance at the $0.20 level, ...
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 ...
Dogecoin (DOGE) Shows Signs of Recovery, Aims to Surpass Key Resistance at $0.0640
Dogecoin (DOGE) is currently in a recovery phase after finding support around $0.0595 against the US Dollar. There is potential for DOGE to continue rising if it manages to surpass the resistance at $0.0640. DOGE has initiated a decent upward movement above the $0.0615 resistance against the US d ...
Bitcoin Price Breaks Bearish Pattern, Continues Falling: Technical Analysis Update
The bitcoin (BTC) price made a bearish breakout from a long-term pattern on May 10. After it turned into resistance on May 23, the rate of decline accelerated sharply Although a rebound may occur in the short term, price dynamics and wave analysis of the daily chart indicate that BTC is still a l ...
Multiple U.S. States Follow Florida in Banning Digital Dollar
After the governor of Florida signed the law banning the digital dollar, other American states Louisiana, Alabama and North Dakota decided to "follow in its footsteps. Last week, Florida Governor Ron DeSantis signed into law a bill banning the U.S. Federal Reserve's (Fed) d ...
Solana (SOL) Exchange Rate Breaks Key Support Line, Indicating Correction Ahead
The Solana (SOL) exchange rate has finally broken below the upward support line, which had previously persisted on the chart for 128 days This bearish breakout indicates that the Solana growth phase that began in January is now over. If that is indeed the case, we are looking at a correction in t ...
Sui (SUI) attempts bullish recovery after bearish breakout
The Sui Sui (SUI) on May 8 made a bearish break of the long-term horizontal area, but then it found ground beneath its feet and now it tries to take revenge The Sui project has been the focus of increased attention in the crypto market lately. Sui Network is a high-performance Layer1 blockchai ...
Bitcoin Faces Bearish Signals, May Experience Sharp Decline
Bitcoin rebounded from a long-term horizontal resistance area and has been giving up since. BTC is now trading inside a short-term bearish pattern A bearish break of this pattern's neckline could trigger a sharp drop in the B ...
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 ...
Altcoin Market Capitalization Falls Below Long-Term Level, Jeopardizing Previous Bullish Breakout
Altcoin market capitalization fell below long-term horizontal level. This jeopardizes the legitimacy of the previous bullish breakout. If altcoin capitalization doesn't make a reversal soon, it could be fraught with sharp declines and a loss of previous gains. Will Dogecoin (DOGE) an ...
Bitcoin (BTC) Forms Bearish Candle and Breaks Short-term Pattern
Bitcoin (BTC) fell sharply, forming a bearish candle from last week and making a bearish breakout from a short-term pattern As thought, bitcoin formed a local top and triggered a significant correction. However, yesterday BTC began to rebound. Here's how it could affect the long-term dynamics ...
Ripple’s XRP Exchange Rate Analysis: Possible Market Reversal Ahead
The Ripple (XRP) exchange rate declined noticeably on April 19 after rebounding from an important resistance area. However, the formation of the bottom may determine the market reversal. The native token project Ripple (XRP) broke through a downward resistance line on March 21 and rose. On March ...
Ripple (XRP) Faces Resistance as Wave Analysis Suggests Potential Reversal
The Ripple (XRP) rate fell sharply on April 19 after the price rebounded from an important resistance area Despite today's drop, however, wave analysis promises the project Ripple (XRP) token will bottom out soon and potentially reverse. Will the bulls be able to resuscitate the bullish struct ...
Top Altcoins Showing Maximum Increase: Woo, Arbitrum, RNDR, SOL, and INJ
The editors of BeInCrypto compiled a top list of altcoins that showed the maximum increase for the week from April 7 to April 14 Woo Network (WOO) at the forefront of successful altcoins According to the results of the technical analysis of the daily chart, the WOO rate h ...
Bitcoin (BTC) Long-Term Outlook Remains Bullish, Short-Term Trend Uncertain
Bitcoin (BTC) is showing solid bullishness on long-term timeframes, although short-term trend direction remains less certain The results of the technical analysis of the daily timeframe show that bitcoin is giving conflicting signals. On the one hand, BTC made a bullish breakout of the $24,800 ...
Shiba Inu Price Analysis: Will SHIB Breakout from Resistance?
Despite breaking through the resistance line, Shiba Inu (SHIB) failed to maintain this breakout and establish growth. Technical analysis of the weekly chart revealed that SHIB broke through the descending resistance line in January and reached a yearly high of $0.0000157 by the end of the month. ...
Technical Analysis and Price Forecast for Cosmos (ATOM)
The Cosmos (ATOM) cryptocurrency has recently started to reverse its downtrend, approaching a significant resistance line. Cosmos is an ecosystem of decentralized and scalable blockchains that aims to create an "Internet of Blockchains" where users can interact in a decentralized manner. The n ...
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 ...
Technical Analysis Predicts a Bullish Breakout for STEPN (GMT) Token
The current market situation of the STEPN (GMT) rate is being analyzed as it is trading within a short-term channel. The market analysts are predicting a positive move in the price as it is expected to break out of the current pattern in a bullish manner. In the last year, the STEPN (GMT) applica ...