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Tag: Resistance

XRP Crashed Heavily Below $0.7, Fear of a Substantial Plunge Keep Buyers Away!

XRP price

The post XRP Crashed Heavily Below $0.7, Fear of a Substantial Plunge Keep Buyers Away! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The crypto space witnessed extreme volatility since the beginning of the year 2022. The fight between the bulls and the bears, while bears tend to outperform the bull each time. Yet as the bear got exhausted a little, the bull is currently trying to normalise the trembled condition to some extent. While most of the …

GBPCAD – Jumps as BoC resists raising rates

No breakout yet, though The pound has been range-bound against the Canadian dollar for the last week and that remains the case so far today, despite the Bank of Canada holding off on raising interest rates. It had been expected to start the tightening cycle today, with the market’s pricing in up to five more […]

Litecoin Price Prediction: LTC/USD Price Relaxes Closely Above $100

Litecoin Price Relaxes Closely Above $100 – January 26Currently, it appears that the LTC/USD market has been less active in motions over a couple of [...]

Pound steady ahead of FOMC

The British pound has ticked higher, trading just above the 1.35 line in the North American session. We could see stronger movement from GBP/USD later today, after the release of the FOMC policy decision. The British pound is sensitive to risk, so a strong reaction from the financial markets will likely be reflected in the pound’s […]

Cup and Handle Pattern Shows that Bitcoin (BTC) to Hit $38,838.75 Soon

Cup and HandleCup and handle pattern suggests that BTC would hit $38,838.75 soon The price prediction is with the 1-hour timeframe of ...

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Bitcoin Price Eyeing One More Deep Correction ! Will BTC Price plunge Below $30k This Time ?

btcjump (1)

The post Bitcoin Price Eyeing One More Deep Correction ! Will BTC Price plunge Below $30k This Time ? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

On Wednesday, all of the main cryptocurrencies saw strong gains. Last week, cryptocurrency prices plummeted, with Bitcoin falling to a nearly six-month low. On January 26, however, Bitcoin price recovered, shocking both the market and investors. It is now trading up by 2.6% at $37K level. In tandem, other tokens are on the rise too. …

Bitcoin, Ethereum Technical Analysis: ETH Nears 10% Gain, BTC Inches Toward $40,000

Days after falling to a 6-month low, bitcoin rose for a second consecutive session, as prices slowly approached its key level of $40,000. Today’s gain in BTC comes as the global crypto market cap was 4.7% higher from yesterday’s session, as of writing. Bitcoin The world’s largest cryptocurrency hit an intraday high of $38,415.90 on […]

Uniswap, Tezos, Sushi Price Analysis: 26 January

With Bitcoin jumping above its 4-hour 20-SMA, Uniswap improved its market position from the oversold region. But it strived to test the $10 supply zone. Furthermore, Tezos and Sushi also climbed above their 20-SMA. Uniswap (UNI) The inverse head and shoulder breakout halted at the $19.89-mark two-month resistance. Since then, the alt has been on […]

On-chain metrics point to early stage bear market, but Bitcoin HODLers seem unfazed

Bitcoin, the largest cryptocurrency recently gathered some strength to push outside the resistance zone. At press time, BTC surged more than 4% to reach the $37.7k mark. This might sound decent however, the king coin suffered major blow from its previous ATH, $64k last year. Indicators still signal at a bearish trend concerning BTC. Fear […]

Cardano Hovers above $1.00 as Buyers Defend Current Support

The price of Cardano (ADA) is holding above the strong support of $1.00. The bears have tested the current support repeatedly since December 21. During the January 22 price slump, Cardano fell to the low of $0.91, but the bulls bought the slump.

Weekly Cryptocurrency Market Analysis: Altcoins Reach Strong Support Levels as the Markets Remain Oversold

Virtually all cryptocurrencies have reached oversold regions. Some are consolidating for a possible rebound. Could the downtrend be over when cryptocurrencies are oversold? When to expect buyers to emerge in the oversold region?

Bitcoin Cash Consolidates above $260, Targets $405 High

Since January 22, Bitcoin Cash (BCH) has fallen to a low of $265 as bulls bought the dips. For the past five days, the cryptocurrency has been trading in the oversold region of the market.

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