technical analysis

Despite the recent break of the horizontal support area on the lower timeframe, longer-term support has remained intact for Dogecoin (DOGE). Technical analysis on the daily timeframe reveals that DOGE's price has held above the $0.060 mark since June 10. However, it also indicates that the token ...

The price of Bitcoin (BTC) closed September on a positive note, marking a nearly 5% increase for the month. The early days of October have seen a substantial price surge, which is still ongoing. Analyzing the weekly timeframe, it's evident that BTC's price has been rising since the beginning of S ...

Chainlink (LINK) has experienced a significant rally over the past two weeks, with its price rising by more than 32% and approaching the $8 mark. However, there are signs that a correction could be on the horizon before further gains are possible. Here are some key points to consider regarding Ch ...

Rachel Conlan, the Chief Marketing Officer (CMO) of Binance, has praised Istanbul as a crypto hub and emphasized the potential of the Turkish crypto community. In an interview with CoinDesk Türkiye ahead of Binance Blockchain Week in November, Conlan highlighted the significance of Turkey in the glo ...

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's price is currently on a downward trajectory, struggling to maintain support above $26,500. It faces the potential for further losses if it fails to hold above the $26,000 support level. Bitcoin experienced a decline after it was unable to break through the $27,500 resistance level. T ...

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 ...

BNB (Binance Coin) has managed to stay above the key support at $202 against the US Dollar and is showing signs of recovery. Here's a breakdown of its recent price movements and potential future scenarios: BNB price recently dipped to $204 but has since started to recover alongside Bitc ...

Ashley Prosper, a prominent member of the XRP community, recently shared an issue he faced on the Uphold cryptocurrency exchange. When attempting to withdraw crypto assets to various wallets, he encountered an error message stating, "Sorry, your transaction could not be processed. There was an issue ...

The decision to buy Bitcoin in September should be made after considering several factors, acknowledging the inherent volatility and risks associated with cryptocurrency investments. Here are key points to consider: Bitcoin's Current State: At the time of writing, Bitcoin is trading at $26,647, w ...

Ethereum Price Faces Uphill Battle, Potential Reversal to $1,500 Looms Ethereum's price is currently in a recovery phase, attempting to break above the $1,580 mark against the US Dollar. However, the $1,620 resistance level presents a formidable challenge, raising the possibility of another downw ...

In the past week, Monero's cryptocurrency encountered resistance, resulting in a 0.85% decline. Currently, XMR is trading at $142.620, with a 52-week price range of $116 to $188. Monero (XMR) stands out in the world of digital currencies due to its strong emphasis on privacy and anonymity. Using ...

Ethereum Price Seeks Breakout at $1,650 with $1,670 as the Decisive Level Ethereum's price is displaying signs of a potential rally, with its sights set on breaching the $1,650 resistance against the US Dollar. A successful clearance of $1,650 and the pivotal $1,670 level could spark a bul ...

In the rapidly evolving world of cryptocurrencies, Toncoin (TON) has recently emerged as a focal point of discussion due to its notable price surge of over 8% within the past week. This increase has ignited renewed interest in cryptocurrency and sp ...

Bitcoin Price Analysis: Orbiting 26034 Level – 27 August 2023 Bitcoin (BTC/USD) remained confined to a tight range early in the Asian session as the pair orbited the 26034.43 area, right around the 38.2% retracement of the appreciating range from 2 ...

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 ...

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 ...

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 ...

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 ...

The news of reaching consensus on agreeing on the U.S. debt ceiling had a positive effect on the market value of the VC and the overall capitalization of the cryptocurrency market. The increase in the U.S. debt ceiling and encouraging comments from the country's governmen ...

While Democrats and Republicans in the U.S. are trying to agree on the debt ceiling, investors are waiting for rates to rise before the sell-off. The cryptocurrency did not show any serious dynamics last week. Bitcoin In the week ...

The price of Dogecoin (DOGE) is in danger of breaking the long-term upward support line that has been present on the chart for almost a year A bearish break could trigger a sharp drop in DOGE. However, short-term timeframe indicators indicate that the price will start to bounce first. The Doge ...

The Ethereum (ETH) has been losing ground against the dollar for the past four weeks, but compared to bitcoin it's holding up quite well Wave analysis and indicator readings on the daily chart suggest that ETH will continue to outperform BTC, reaching its highest levels since 2018. ...

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 ...

The legendary trader noticed a "pennant" or "flag" on the bitcoin price fluctuation chart, which, according to the crypto investor, has short-term bearish implications. Pennants are patterns that traders often use to predict future market movements. According to the as ...

The price of Shiba Inu (SHIB) has finally reached the support line of the long-term pattern. The price is in the process of launching a rebound, but its credibility has yet to be confirmed. If SHIB makes a bearish breakout from the triangle, the support structure that has existed for a year will ...

Ripple tries to recover above the midline of the long-term pattern. Success or failure could have serious implications for the future dynamics of XRP. While short-term indicators suggest that XRP will continue to rise, the longer-term outlook remains unclear and leans toward a bearish outlook. ...

The BeInCrypto editorial staff compiled the top list of altcoins that showed the highest gains during the week of May 12-19 The list of altcoins that were lucky this week, despite the overall bearish mood of the crypto market, includes: Re ...

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 ...

The XRP token has fallen below the critical support line, jeopardizing the entire bullish narrative. Whether to expect further decline in cryptocurrency The price dynamics and Relative Strength Index (RSI) values on several timeframes confirm a further decline. Thus, a run-up of bearish dynami ...

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 ...

May 11 bitcoin made a bearish breakout. Although the decline was halted and BTC rebounded, it was never able to recover above the breakout level If bitcoin (BTC) fails to recover anytime soon, the price decline could continue. Has the correction begun? As the results of technical analysis o ...

PEPE rapidly broke into the top 100 coins by capitalization in 2023 and became one of the most popular memcoins. But what are his prospects? HYIP and investments PEPE's "HYIP meme token," which refers us to the famous green frog me ...

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 ...

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 ...

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 ...

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 ...

Pepe memcoin (PEPE) made a splash on the crypto market, but due to the recent plunge it has lost the lion's share of points. Today, however, PEPE rebounded.. Let's see if we can hope for the beginning of the rally to new historical highs. PEPE pulled back after aggressive rally ...

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 (BTC) has exhibited bearish momentum over the past few weeks, and now it could make a bearish breakout from a short-term pattern This breakout has the potential to trigger a sharp drop in BTC to levels it has not visited since early March. BTC: Resistance gets stronger ...

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 ...

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 ...

The past week was eventful: The U.S. Federal Reserve shared its plans, a string of banking collapses continued, updates were released on some digital platforms. How did it affect prices? Bitcoin Bitcoin price fell 2.5% in the week ...

BeInCrypto editorial staff analyzed five outsiders of the week among altcoins. These coins suffered the biggest losses between April 28 and May 5. The altcoins that have suffered the biggest losses in the past seven days amid an overall bear market include: ...

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 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 ...

The Arbitrum exchange rate (ARB) is at an important crossroads. The price risks falling below a significant support area, which could trigger a sharp drop The above-mentioned support is formed by the support line of the long- ...

Ripple (XRP) trades in the middle part of a long-term pattern. The further price trend depends on whether it makes a bounce or a bearish breakout. The further price trend depends on whether it makes a bounce or a bearish brea ...

The exchange rate Ethereum (ETH) is trading in the middle of a long-term pattern. The further trend of the price depends on whether it makes a bounce or a bearish breakout The weekly and daily charts give mixed signals. This does not make it clear whether Ethereum (ETH) will be able to launch a r ...

The market started April with a buoyant mood, but from the middle of the month the mood of investors changed from plus to minus.. The BeInCrypto editorial board looked at 4 altcoins that could suffer further losses in May. April turned out to be a very turbulent month for the crypto market and ...

On the cryptocurrency market another change of scenery. Bulls rule again. But how long will it last? And why was the fall so short-lived this time? Bitcoin Bitcoin rose more than 8% in the seven days between April 21 and 28. This was the reverse of ...

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 ...

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 ...

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 ...

Litecoin (LTC) has experienced a significant rebound from long-term horizontal resistance and recently broke through the diagonal support level, causing some concern regarding its price trajectory. The current decline has made it difficult for the price to find support, leaving investors wonderin ...

The Shiba Inu (SHIB) exchange rate maintains a long-term pattern, but the shorter-term price structure is threatened by a bearish breakout. The popular meme coin SHIB, created by the Shiba Inu project, is an ERC-20 format token and one of the main rivals of Dogecoin. As the results of the tech ...

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 ...

Cryptocurrencies rose in value for over a month. But in mid-April, the course graphs turned red again. The reason for this was a combination of negative factors, noticeable through fundamental and technical analysis. Bi ...

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 ...

On April 17, Solana hit a new high this year, but bounced off the high of the current range. What does this mean for SOL. SOL is a native token of the Solana blockchain, created by Anatoly Yakovenko. It uses a unique consensus mechanism that is a combination of Proof-of-Stake (PoS) and Proof-o ...

The Dogecoin (DOGE) price may have just entered the first phase of growth, which could eventually lead the price to new highs this year The popular DOGE meme coin created by the Dogecoin project has been declining along a descending resistance line since November 2022. The price bounced off th ...

Cardano (ADA) has broken through long- and short-term horizontal resistance levels, confirming a potential bullish reversal ADA is the native token of the Cardano blockchain platform created by Charles Hoskinson. As the results of the technical analysis of the daily chart show, the outlook for ...

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 ...

The number of cryptocurrencies in the world has reached tens of thousands. Are many of them good? Hardly. How can an investor determine what is a high-quality altcoin, and what is a “scam” and another fraudulent project? ...

Ethereum (ETH) broke through an important resistance level against the dollar. ETH/BTC may also make a bullish reversal soon Today, on the night of April 12-13, the long-awaited Shapella update (a "purse word" combining the names of two proposals to improve the network, "Shanghai" and "Capella") ...

Solana price may collapse if it fails to gain a foothold above the $20 horizontal support level. On the other hand, a breakdown of the long-term resistance line will accelerate the growth rate of SOL SOL is a native token of the Solana blockchain, created by Anatoly Yakovenko. It uses a unique ...

The technical picture favors bitcoin. The most likely scenario assumes an increase in the BTC rate towards at least $33,200. Bitcoin Weekly Chart Shows Some Strong Bullish Signals. As the results of technical analysis show, on this timeframe, the BTC price made a bullish breakdown of the downward ...

The DOGE cryptocurrency is currently trading within a short-term neutral pattern, while also giving long-term bullish signals. The famous meme coin created by the Dogecoin project has been steadily rising along an ascending support line since June 2022. However, since November of the same year ...

Shiba Inu price has previously made a bullish breakout, but now it is difficult to develop bullish momentum. However, SHIB may soon rise towards at least $0.0000125 The popular meme coin SHIB, created by the Shiba Inu project, is an ERC-20 token and one of the main rivals of Dogecoin. As the r ...

Cryptocurrencies did not show any strong dynamics in the outgoing week. However, for individual coins, large investors continue to increase their positions. What is it connected with? bitcoin Over the week, the cost of bitcoin dropped from $28,4 ...

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 ...

Contradictory signals on different timeframes make it difficult to predict the Cardano (ADA) rate for this April. Perhaps the price has reached a local peak The results of the technical analysis of the daily timeframe show that the rate of the Cardano project coin (ADA) has been growing since the ...

The editors of BeInCrypto have compiled a top list of altcoins that showed the maximum increase in the week from March 31 to April 7 In addition to DOGE, the list of these altcoins includes: Solar (SXP) +46.46% Injective (INJ) +21.24% D ...

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 ...

Aptos (APT) may be on the verge of a massive new rally that could send the price to new all-time highs The Aptos project is a first-level blockchain, which is, in fact, the successor to the now abandoned Diem project from Meta * (recognized as extremist by the Russian authorities and banned in th ...

Dogecoin is trading near the resistance line of the descending parallel channel. A bullish break out of it could trigger a rapid rise in DOGE Earlier this week, the popular meme coin Dogecoin (DOGE) was in the spotlight amid news that Tesla and SpaceX founder Elon Musk asked a US court to dismiss ...

Despite the recent bullish breakout of the Shiba Inu meme token (SHIB), it has struggled to gain momentum in the market. SHIB is an ERC-20 token that has emerged as one of the main competitors to Dogecoin in the cryptocurrency world. While technical analysis of the daily timeframe reveals conf ...

Despite Bullish Breakout, Shiba Inu (SHIB) Fails to Gain. Further trend may depend on two important levels The popular meme coin SHIB, created by the Shiba Inu project, is an ERC-20 token and one of the main rivals of Dogecoin. The results of the technical analysis of the weekly chart show tha ...

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 ...

Ethereum (ETH) has successfully broken through a crucial resistance area and turned it into a support level, signaling a potential for renewed highs this year. Co-founded by the renowned crypto expert, Vitalik Buterin, ETH is the native token of the Ethereum blockchain. The migration of the pr ...

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 ...

Polygon (MATIC) is currently trading at a critical level, which may determine its long-term trend. As the native token of the popular Polygon network, MATIC helps to reduce transaction costs and speed up transactions using sidechains. These sidechains operate independently but are connected to th ...

Algorand (ALGO) is currently hovering around a crucial resistance zone that will dictate the long-term trend. This native token of the Algorand blockchain recently made headlines as Coinbase abruptly halted its staking service without prior warning due to claims by the US exchange regulator (SEC) ...

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 ...

Bluntz, a well-known cryptanalyst with 221,000 followers, accurately predicted the Bitcoin crash in 2018. However, he now predicts a rise in ETH and assures that the correction has been completed and it's ready for growth. According to his technical analysis, Ethereum has already reached its s ...

Here are the 5 most impressive altcoins that have outshined the entire cryptocurrency market this week BeInCrypto's editorial team has meticulously curated a comprehensive list of altcoins that have witnessed a substantial surge in their value during the week spanning from ...

The forthcoming weeks hold potential for a significant surge in the value of certain AI tokens, namely The Graph (GRT) and Ocean Protocol (OCEAN). According to recent reports from BeInCrypto, the positive momentum of these AI tokens has been spurred by the recent announcement of the upgraded GPT- ...

Ethereum (ETH) has approached critical resistance.  Waiting for a breakthrough The crypto asset Ethereum (ETH) is currently on the verge of a crucial moment, as it has reached a significant resistance level. All eyes are on the pric ...

The Shiba Inu cryptocurrency is currently hovering near a crucial Fibonacci support level, which could potentially determine its future price trend. Based on technical analysis, it appears that the value of Shiba Inu's project coin (SHIB) has been decreasing since hitting a high of $0.0000157 on ...

Shiba Inu (SHIB) has been making a recovery following a sharp 30% decline, and is currently attempting to rebound from several key support levels. A successful rebound would confirm that the correction is complete. Technical analysis indicates that the value of the Shiba Inu project coin (SHIB) ...

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 ...

The potential for a Polygon price surge is imminent, although it may be followed by a final dip that could mark the end of the MATIC correction period. As the native token of the Polygon network, which serves as a popular second layer scaling solution for Ethereum blockchain, MATIC has been subje ...

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 ...

Bitcoin (BTC) is expected to undergo a correction phase after a prolonged period of growth, possibly lasting through the entirety of March and even beyond. Technical analysis of the weekly BTC chart paints an encouraging picture for several reasons. Firstly, Bitcoin has broken out of a long-term ...

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 ...

In March, the crypto market may experience volatility with Ripple's (XRP) rate, while Ethereum (ETH) may strengthen against Bitcoin. Additionally, Stacks (STX) are predicted to continue their rapid growth trend. The crypto market had a bullish February 2023, and the upcoming month of March may fo ...

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 ...

Ethereum (ETH) is currently trading near a critical level of diagonal and horizontal resistance, and its failure to break through this level could result in a significant price increase. The cryptocurrency has been improving its deflationary characteristics, with its supply decreasing by $40 million ...