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 ...

Bitcoin (BTC) Attempts Bullish Breakout After Bounce from Support

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 ...

Ethereum Shows Resilience Against the Dollar, Wave Analysis Suggests Bullish Outlook

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. ...

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 ...

Ripple’s Recovery Attempt: Implications for XRP’s Future Dynamics

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. ...

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 ...

Bitcoin Faces Bearish Outlook as Breakout Levels Remain Unrecovered

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 ...

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: ...

Ripple’s (XRP) Performance in the Crypto Market: Bounce or Bearish Breakout?

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 ...

Cryptocurrency Trader Predicts Bullish Trend for Ripple (XRP)

The trader under the nickname Harry shared the results of his wave analysis of the cryptocurrency Ripple, warning that investors should take note of the situation on the charts of rate changes of this asset. Harry announced that the near-term outlook is not good for short ...

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 ...

Ethereum Breaks Resistance Against Dollar and Prepares for Shapella Update

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") ...

Bitcoin Technical Analysis: Strong Bullish Signals Suggest BTC Price Increase

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 ...

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 ...

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 ...

Aptos (APT) on the Verge of Massive Rally to New All-Time Highs

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 ...

Shiba Inu (SHIB) Breakout Analysis: Will the Price Rise or Fall?

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 ...

Shiba Inu (SHIB) Technical Analysis: Can It Rebound from Multiple Support Levels?

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) ...

Analysis of Polygon Price and MATIC Correction in March 2023

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 ...