A popular crypto analyst is using one particular metric to plot out where Bitcoin (BTC) might be headed on the price charts. In a new...

Is there still great demand for safe havens and inflation hedges? After a period of consolidation, gold prices have been rising again in recent days, hitting a 10-day high in the process. This comes even as central banks signal an aggressive tightening cycle this year to combat soaring inflation and risk appetite remains healthy as […]

SHIB price manages to collect gains as bulls are back after the short backslide from Monday. The price once again visits the 50-day SMA at $0.000024 since Saturday. This shows the growing interest of bulls in the token after bottoming out near $0.000020. SHIB price trades higher for the second straight day. More gains towards

The post Shiba Inu Price Prediction: SHIB Price Targets $0.000035 Amid Renewed Buying Momentum appeared first on CoinGape.

Ethereum price edges higher for the third straight day. However, the gains consolidate in a very tight range of $2,920 and $3,046.99. The price tested the multi-week high near $3,045. Ethereum price locks in gains as bullish momentum continues. Expect more gains toward $3,600 if decisively close above 200-day EMA. ETH trades along the ascending

The post Etheruem Price Prediction: ETH Price Prepares For 30% Gains Above 200-day EMA appeared first on CoinGape.

Bitcoin started a steady increase above the $42,000 resistance against the US Dollar. BTC tested the $43,400 zone and recently corrected lower. Bitcoin started a downside correction after a test of $43,400. The price is trading above $42,000 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $41,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must stay above the $41,500 support zone to remain in a positive zone. Bitcoin Price Remains In Uptrend Bitcoin price started a steady increase after it cleared the $42,000 resistance zone. BTC gained pace for a move above the $42,500 level and settled above the 100 hourly simple moving average. The upward move was such that the price even broke the $43,200 resistance. It traded as high as $43,402 and is currently correcting lower. There was a move below the 23.6% Fib retracement level of the recent increase from the $40,510 swing low to $43,402 high. However, the bulls are defending the $42,000 support zone. There is also a key bullish trend line forming with support near $41,950 on the hourly chart of the BTC/USD pair. The trend line is close to the 50% Fib retracement level of the recent increase from the $40,510 swing low to $43,402 high. On the upside, the price is facing resistance near the $42,800 level. The next major resistance could be near the $43,000 zone. A successful break and close above the $43,000 level might start another steady increase. Source: BTCUSD on TradingView.com In the stated case, the price might rise towards the $43,500 level. Any more gains could send the price towards the $44,200 level in the coming sessions. Downside Break in BTC? If bitcoin fails to clear the $43,000 resistance zone, it could correct further lower. An immediate support on the downside is near the $42,000 zone. The next major support is seen near the trend line and the 100 hourly SMA. The main support sits near the $41,500 zone (the previous breakout zone). A downside break below the $41,500 support zone could push the price further lower towards $40,500. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $42,000, followed by $41,500. Major Resistance Levels – $42,800, $43,000 and $43,500.

Market Intensifies Efforts at Rebounding – March 22It has been a long time the BCH/USD trade activities hover around $300. The situation was not easy [...]

Bitcoin started a downside correction below $41,200 against the US Dollar. BTC must stay above the $40,000 support to start a fresh increase. Bitcoin started a downside correction below the $41,200 support zone. The price is trading below $41,400 and the 100 hourly simple moving average. There is a key contracting triangle forming with resistance near $41,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must stay above the $40,000 support zone to remain in a positive zone. Bitcoin Price Consolidates Bitcoin price started a downside correction after it failed to clear the $42,500 resistance zone. BTC declined below the $42,000 level to move into a short-term bearish zone. There was a clear move below the $41,500 support zone and the 100 hourly simple moving average. The decline gained pace below the $41,200 support zone. Finally, it tested the 50% Fib retracement level of the key increase from the $38,808 swing low to $42,368 high. The bulls were active above the $40,500 support zone. There is also a key contracting triangle forming with resistance near $41,400 on the hourly chart of the BTC/USD pair. On the upside, the price is facing resistance near the $41,400 level and the triangle zone. The 100 hourly SMA is also near the triangle resistance and $41,400. The next major resistance could be near the $41,500 zone. A successful break and close above the $41,500 level might start a steady increase. Source: BTCUSD on TradingView.com In the stated case, the price might rise towards the $42,000 level. Any more gains could initiate a fresh move towards the key $42,500 barrier in the near term. Downside Break in BTC? If bitcoin fails to clear the $41,500 resistance zone, it could continue to move down. An immediate support on the downside is near the $40,800 zone. The next major support is seen near the $40,500 level. The main support sits near the $40,000 zone. It is near the 61.8% Fib retracement level of the key increase from the $38,808 swing low to $42,368 high. A downside break below the $40,000 support zone could push the price further lower towards $38,800. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now near the 50 level. Major Support Levels – $40,500, followed by $40,000. Major Resistance Levels – $41,400, $41,500 and $42,500.

Or will the downtrend continue? The euro has rebounded well against the dollar over the last week as risk appetite has modestly improved but it’s already running into some trouble. The pair has been in a long-term downtrend and we could soon see if that is set to continue. It has run into resistance around […]

The continuation pattern resulting in favor of bulls has set a new recovery for the Ripple(XRP) price. The sluggish rally continues to approach the local resistance of $0.9, hoping to overcome February’s high resistance. Can buyers maintain the buying momentum to the $1 mark? Key points:  The 50-and-100-day SMA nearing a positive crossover The daily-MACD

The post XRP Price Prediction: XRP Price To Rechallenge $0.9 Resistance; Buy Time? appeared first on CoinGape.

The MATIC/USD pair closed red during the weekend, retesting the monthly support of $1.4. Under the influence of a bearish H&S pattern, the sellers tease to breach this support and dump the pair to the $1 mark. However, the coin turned green today, and the lower price rejection candle indicates the bulls have not yet

The post MATIC Price Prediction: Head & Shoulder Pattern Threatens MATIC Price To Hit $1 appeared first on CoinGape.

On March 3rd, the Fantom (FTM) recovery rally turned down from the descending trendline($2). This bearish reversal tumbled the altcoin by 34.7%, bringing it back to $1.3 bottom support. However, the buyers aggressively defend this level, suggesting a dip opportunity for traders. Key points The FTM price shows lower price rejection at $1.3 support zone

The post Fantom Price Prediction: Bullish RSI Divergence Triggers Recovery Rally In FTM Token; Is $1.8 Next? appeared first on CoinGape.

If BTC can flip $41,000 back to support, XRP, NEAR, XMR and WAVES could attract buyers.