Shiba Inu flashed a bearish inclination while bouncing back from the $0.00002706-level support. Its OBV still kept the bullish hopes alive. Also, Terra saw an increase in its buying power while its RSI crossed the midline. On the other hand, VeChain continued its bearish outlook after falling below its EMA ribbons. Shiba Inu (SHIB) While […]

The post This is When Bitcoin May Break out of the Downtrend, BTC Price Plunge May Be Short-Lived One! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Bitcoin price is not less than a suspense thriller movie nowadays as whenever a breakthrough above $43,000 is close, the asset plunges hard below $41,000. And when we expect a breakdown below the support levels, the asset recovers a bit, consolidates and retest the $43,000 zone. And hence the BTC price dump may not be …

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Bitcoin continues to struggle below $42,000 as extreme fear grips the crypto market and analysts hint at a drop to $38,000.

Correlating with the Bitcoin sentiment, XRP skewed towards the sellers after marking oversold readings on its RSI and losing the 61.8% Fibonacci support. Further, Stellar fell below its 20-50-200 SMA. However, these cryptos saw an increasing CMF, keeping the bullish revival hopes alive. On the other hand, AAVE saw a golden cross after the 20 […]

As the market took a 24-hour plunge to hover around the $2.10T-mark, most cryptos struggled to trade in the green zone on the last day. As a result, Solana, NEAR and EOS flashed bearish near-term technicals. Solana (SOL) Since the buyers failed to step in at the $167-level, the alt saw an over 23% retracement […]

Cardano defied the large-cap altcoins’ trajectory by noting double-digit gains over the past day. It witnessed record-high volumes and now saw overbought readings on RSI and Bollinger Bands. Contrarily, Avalanche and Algorand flashed bearish near-term technicals. Cardano (ADA) ADA managed to bag the spot of the fifth largest crypto with its recent gains after its […]

Bears are on the hunt for Bitcoin HODLers profits, whilst supply dynamics approach a new equilibrium, and derivative markets remain heated.

It may be early to assert a solid trend reversal until the bulls claw back to reclaim their lost supports. They still needed to infuse funds on increased volumes to bolster a promising rally. MANA formed an ascending triangle but could not back it up with an increased OBV. On the other hand, SAND and […]

The broader market saw a decent recovery over the past few days. However, the bulls were still not in a position to alter the general perception as the ‘fear’ sentiment only worsened. After a double-bottom breakout, Avalanche reversed from the $96-zone. While the buyers tried to step in, the ADX displayed a weak directional trend […]

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Bitcoin Price Prediction – January 15 The Bitcoin price prediction shows that BTC keeps moving within the moving averages as the coin ready for the [...]