Tag: pullback

The post ADA Bulls Fail To Break Crucial Resistance, Will Cardano Price Drop Below $1 appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

In the early hours today Cardano crawled a little higher reaching $1.19 after it slipped around $0.75. At the time of writing, Cardano has slightly gained trading at $1.13 with a plunge of 1.18%. Cardano Price Action Today’s rebound by Cardano marked 7.5% gain in the early hours today. Nevertheless , it started draining in …

Ethereum’s price broke through $3K with analysts warning that a retest of the level is needed and further upside is warranted so let’s read further in today’s latest Ethereum news. The crypto market continues to forge ahead despite facing headwinds on a few fronts. At the moment, the global conflicts and the rising inflation are […]

Ethereum’s price broke through $3K with analysts warning that a retest of the level is needed and further upside is warranted so let’s read further in today’s latest Ethereum news. The crypto market continues to forge ahead despite facing headwinds on a few fronts. At the moment, the global conflicts and the rising inflation are […]

Ethereum rose to a one-month high above $3,000 on Tuesday, as the global cryptocurrency market place rose by nearly 4%. Bitcoin was also higher during today’s session, moving to its highest point in over three weeks. Bitcoin Bitcoin rose to its highest level in three weeks on Tuesday, as the world’s largest cryptocurrency climbed beyond…

The post Bitcoin, Ethereum Technical Analysis: ETH Reaches 1-Month High Above $3,000, as BTC Hits $43,000 appeared first on Bitcoin News Miner.

The Ether bulls look to overcome resistance at $3K as the community prepares for the merge of the ETH mainnet with the PoS Beacon Chain as we are reading more in today’s latest Ethereum news. The new week in the crypto market brought more of the same sideways price action that the entire market has […]

Bitcoin (BTC) was holding above $41,000 on Monday evening following an intraday dip towards…

The post Bitcoin poised around $41k amid fresh risk-off sentiment appeared first on Coin Journal.

The post Top 5 Altcoins Traders Can Bet On This Week ! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Over the previous 24 hours, the global crypto market has stayed optimistic, but there are signs that this may alter in the next hours. The shift is forecast by the bearishness that has taken hold in some of the most popular currencies, such as Ethereum, Binance Coin, and other altcoins. Their predicament will determine whether …

Bitcoin (BTC) reached an all-time high of $68,788 per coin on November 10, 2021. Since then, the world’s most sought-after cryptocurrency has experienced extraordinary volatility, and the market has appeared reactive and fragile, with the Fear & Greed Index indicating a high level of doubt and uncertainty. Since January 5, the price of BTC has fluctuated…

The post Bitcoin Breaks Past The $40,000 Barrier Again – Can It Sustain The Momentum? appeared first on Bitcoin News Miner.

Bitcoin (BTC) reached an all-time high of $68,788 per coin on November 10, 2021. Since then, the world’s most sought-after cryptocurrency has experienced extraordinary volatility, and the market has appeared reactive and fragile, with the Fear & Greed Index indicating a high level of doubt and uncertainty. Since January 5, the price of BTC has fluctuated between $35,000 and $45,000, a relatively narrow range considering the currency’s track record of fluctuation. As a result, this could be the start of a long-awaited period of stabilization for the market’s top digital asset. Bitcoin Yet To Regain Previous High The flagship cryptocurrency has yet to reclaim its 2022 high of $47,800, which it achieved on January 1 and 2 — approximately three weeks before plunging to $33,183. While Bitcoin has flirted with the $40,000 mark on several occasions this year, those growth spurts have yet to prove viable. However, it has rallied once more this week. According to CoinMarketCap, Bitcoin gained approximately 6.65% in the last seven days and was trading at $41,770 at the time of this writing, surpassing the $40,000 mark on Friday. Other coins have also increased in value during the last few days. Pullback To Support Levels Seen Bitcoin’s price is edging closer to its upward limit following an almost week-long slow strut-up. As a result of the presence of many obstacles, a pullback to stable support levels for BTC is anticipated. Bitcoin’s price is encountering numerous resistance points as it approaches the $45,000 local high. A retest of the bearish breaker zone between $42,866 and $43,754 is expected to result in a downturn to $38,887 and below. BTC total market cap at $792.68 billion on the daily chart | Source: TradingView.com Related Article | Shiba Inu Exodus: 32,000 Holders Lose Interest In The ‘Dogecoin Killer’ Since January 22, the BTC price has reached three identical highs and four higher lows. These swing points can be combined to construct an ascending triangle using trend lines. This technical structure forecasts a 20% increase, calculated by adding the distance between the initial swing high and low to the $44,417 breakout point. Bitcoin Poised For Further Rally Given the current geopolitical landscape, rising inflation, interest rate increases, and rising oil prices, many industry specialists are already speculating on the Bitcoin price by the end of the year, as many people want a buffer against inflation and a safe haven asset. Bloomberg recently reported that despite a huge fall to usher in the year, Bitcoin is poised for additional price gain. Ethereum Nears $3K Meanwhile, Ethereum (ETH) gained ground on Friday following a wild week. Ethereum has rallied up to 5% in the last 24 hours, closing in on $3,000 for the first time in two weeks. Ether’s growth is partly a result of efforts toward the mainnet integration of the Ethereum blockchain and the Beacon Chain. Related Article | Ethereum Sees Biggest Exchange Withdrawals This Year – A Bump In ETH Price In The Offing? Featured image from Coingape, chart from TradingView.com

The post Bitcoin To Record Bullish Weekly Close! Yet the BTC Price May Slip towards $33,000 appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Bitcoin price, throughout the past week, maintained a significant uptrend after flipping from the lower support. Currently, testing one of the crucial levels from the last trading day, the asset may witness a slight pullback. These levels are also important because the resistance level around $41,900 is also the neckline for the formed double-bottom pattern. …

Following a rise to a high beyond $41,700 earlier this week, bitcoin’s price has fallen for two consecutive sessions. Despite this, BTC continues to trade above $40,000, whilst ETH continues to hover above $2,800. Bitcoin BTC fell for its second consecutive session on Friday, as the world’s largest cryptocurrency has lost some momentum, following Wednesday’s…

The post Bitcoin, Ethereum Technical Analysis: BTC Remains Above $40,000 Despite Recent Pullback appeared first on Bitcoin News Miner.

The post Caution Traders! Bitcoin (BTC) Price To Suffer Another Pullback Prior To $43k This Weekend! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The cryptosphere’s yearn for a bull run, now finds possibilities, as the industry tends to recover from its setbacks. Wherefore, investors now eye on the star crypto Bitcoin, in hope of it retracing its path to the bulls. Successively, folks from the crypto town are analyzing the foot movements of Bitcoin and its price projections …