Category: Price Analysis

Dogecoin Price Analysis: DOGE Facing Critical Decision Point, Breakout Can Quickly Lead to $0.3

Dogecoin Price Analysis: DOGE Facing Critical Decision Point, Breakout Can Quickly Lead to $0.3

Dogecoin is trading inside a symmetrical triangle and is getting close to its apex and deciding its next direction. As of now, a bullish breakout seems to have higher chances than the bearish case; however, anything might change. Once the resistance at $0.25 is cleared, DOGE will likely rally towards the next significant resistance areas […]

Continue Reading

XRP Price Analysis: XRP Price May Enter Intraday Oversold Levels, Time to Buy?

Ripple’s XRP price has recently seen a decline in volatility, after an earlier price hike three weeks ago. Its on-chain metric, the market-value-to-realized-value ratio [MVRV] could not sustain a positive outlook, hence showing that the token may be undervalued. As a payment service company, Ripple Labs now face competitive challenges from the likes of COTI, […]

Continue Reading

Solana, Ripple Price Analysis: October 18, 2021

 Solana price rejected from $175 as bulls fight to secure support at $160. Ripple bulls suffered another blow while attempting to break the resistance at $0.12 over the weekend. The cryptocurrency market is dotted red and green, but as reported, Bitcoin’s winning streak has remained intact. Despite Bitcoin rising to levels above $62,000, most altcoins […]

Continue Reading

Bitcoin Price Prediction: BTC Return To $62,000 Extends Winning Streak Aiming For $68,000

Bitcoin price returns above $62,000 and nearly touches $63,000 for the first time since mid-April. As affirmed by the general technical picture, BTC is in the bulls’ hands; a break above $65,000 would quickly push BTC to $68,000. Bitcoin settled above $62,000 following an impressive run last week. The move allowed more bulls to join […]

Continue Reading

Trailing Current Uptrends, Here Are the Top Two Coins to Watch for the Week

The boosted rally that was recorded in the digital currency ecosystem in the previous week may become a source of a huge upshoot in the coming week. This speculation is being held dear by many crypto proponents on various social media platforms, as the rally that pushed the top coins may begin to materialize in […]

Continue Reading

ETH Price Analysis: Ethereum Price Could See a Short-term Correction Before the Upswing Resumes

The Ethereum fear and greed index signals high greed readings at level-73 even as GasNow, the popular Ethereum gas price quotation system suspends operation. The event was followed by the China-based mining pool [Sparkpool] earlier announcing the closure in response to regulatory requirements. Etherscan at press time shows that the Ethereum 2.0 deposit contract maintains […]

Continue Reading

Cardano Price Analysis: ADA Trading Within a Tight Range, Anticipating a Major Move Soon

Cardano Price Analysis: ADA Trading Within a Tight Range, Anticipating a Major Move Soon

Cardano (ADA) is attempting to break away from the descending channel, marked yellow on the following chart, which would place its price within a range between the critical support ($2) and resistance ($2.4) levels. Until ADA breaks away out of this range, we can expect its price to continue the volatile consolidating between these levels. […]

Continue Reading

BTC Price Analysis: Bearish Divergence Signal On the Weekly May Cool off Intraday Longs

The long-awaited Bitcoin BTC ETF-Exchange Traded Fund is now approved by the US SEC, and it’s viewed as a positive development for the entire cryptocurrency market. Analysts suggest that the crypto market could see capital flowing in, with speculations around investors moving out of Gold ETFs into Bitcoin. Let’s analyze the BTCUSDT charts for insights […]

Continue Reading

LTC Price Analysis: LTCUSDT Shows Bullish Recovery As it Marks its Tenth-Year Milestone

Litecoin is currently ranked the fifteenth cryptocurrency by market cap as it marks its tenth-year milestone in the crypto space. LTC holders generally do not see the tenth anniversary to be worth celebrating as their beloved crypto-asset gets dominated by Bitcoin BTC and underperform compared to other altcoins. Litecoin LTCBTC Monthly Chart The LTCBTC chart […]

Continue Reading

Crypto Price Analysis & Overview October 15th: Ethereum, Ripple, Cardano, Polkadot & Matic

Crypto Price Analysis & Overview October 15th: Ethereum, Ripple, Cardano, Polkadot & Matic

Ethereum Ethereum managed to increase by 6.4% this week as it continues to climb higher inside an ascending price channel. The price channel formed at the start of October after ETH found support and reversed at $2800. Last week, ETH found resistance at $3600, causing it to fall into the support at $3400. It bounced […]

Continue Reading