support level

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 (BTC) has begun the last week of September by retesting the $26,000 support level as the cryptocurrency continues to trade in a narrow range. Despite a relatively uneventful week in terms of macroeconomic events, Bitcoin faces potential market-moving events in the days ahead. The weekly c ...

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 ...

Prominent cryptocurrency analyst Crypto Tony has turned his attention to Ethereum's current situation, emphasizing the importance of a critical support level. Tony has outlined potential scenarios and his strategy based on how Ethereum behaves at this crucial juncture. Tony's analysis is rooted i ...

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"] ...

Bitcoin (BTC) pushed back from May 25 support and avoided a bearish breakout. Now the price is trying to make a bullish breakout of the corrective pattern Despite the bullish breakout attempt, it is more likely that BTC will decline again to complete the correction and only then continue the uptr ...

If April was a " bull" month for the cryptocurrency market, then all of May was a "bear, confirming that the market is in correction While there is hope for a bullish reversal in June, bearish formations on these four cryptocurrencies warn that the worst may ...

Popular cryptocurrency analyst believes that bitcoin is capable of declining in price to the 200-day moving average at $26,280 and then go back up. Michael van de Poppe  told his readers on Twitter that a successful retest of this support level could be the end of the cor ...

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 ...

Litecoin (LTC) has been losing ground since February, but the price has just made a bullish breakout from a short-term bullish pattern If the daily close confirms this bullish breakout, we can expect LTC to rise towards the long-term resistance area. Litecoin finds ground after falli ...

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: ...

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 ...

A renowned crypto trader on his Twitter page explained what will happen to the AVAX token in the near future. Saturday.. On April 29, the level of support, from the expert's point of view, was $17.17. Michael Van De Poppe believes that if ...

The Polygon (MATIC) rate has been losing ground since February and reached the support of a long-term pattern, which has been holding back the price since June 2022 A bearish break of the long-term bullish structure will be a negative signal for MATIC.  Will the price ...

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 ...

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 ...

It appears that the relief rally for Shiba Inu (SHIB) may have come to an end and the coin is now in its final corrective wave, according to market analysis. A bearish breakout from the short-term channel would confirm this prediction and indicate a further decline in price. On February 4, SHIB r ...