Tag: Price Analysis

Bitcoin Price Prediction: BTC Prepares For A Major Liftoff To New Yearly Highs

Bitcoin stalls at $11,400 after rejection from $11,800; support is envisaged at $11,250. On-chain data shows whales constantly accumulating BTC; investors anticipate price action to new yearly highs. Bitcoin recently sliced through a symmetrical triangle pattern presented on the daily chart. The pattern has been discussed severally in our technical analyses. BTC closed in on […]

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Yearn.finance: YFI could dump again if this resistance is not flipped into support

Yearn.finance immediate upside capped by the 50 SMA as bearish pressure intensifies. On-chain analysis suggests that the path with the least hurdles is downwards. Yearn.finance has lost a great deal of its value since it traded an astronomical all-time high of $44,000. The 4-hour chart illustrates the several attempts made to regain the lost ground. […]

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Ripple Price Prediction: XRP on the verge of a breakout to $0.30

Ripple holds above the 50 SMA as a breakout to $0.3 looms. XRP/USD bullish narrative is supported by growing volume, an upward trending RSI and a potential ascending triangle breakout. Ripple’s recovery has, in the recent past, hit a wall at $0.26. In September, the cross-border token appeared to have bottomed out at $0.22. Recovery […]

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Ethereum Price Forecast: ETH Still Has A Clear Path To $400

Ethereum rejected at $395, leaving $400 unconquered. ETH/USD reacts to oversold conditions, but on-chain analysis highlights the most robust support between $351 and $361. Ethereum majestically closed in on the psychological resistance at $400. However, the smart contract giant hit a barrier at $395, leaving $400 unconquered. Meanwhile, ETH/USD is teetering at $384 amid an […]

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BNB Price Analysis: Binance Coin Increases 7% Following New IEO Announcement

BNB Price Analysis: Binance Coin Increases 7% Following New IEO Announcement

BNB/USD – Buyers Push BNB Back Above $30. Key Support Levels: $27.17, $26, $24.90. Key Resistance Levels: $30, $31.30, $32.60. Binance Coin has been performing extremely well since it bounced from the support at $23 in late-September. So far, the coin has increased by a total of 35% since then as it hits the $30.72 […]

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Bitcoin Price Analysis: BTC Triangle Breakout Tops $11,500

Bitcoin appears to have bottomed out, giving way for gains towards $12,000. The on-chain analysis shows the absence of tough resistance heading to $12,000. The flagship cryptocurrency eventually broke out above the stubborn resistance at $11,000. The impressive weekend gains extended to $11,500. However, the tremendous bullish pressure appears to have taken a pit stop […]

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Cardano Price Analysis: ADA Soars 15% Over The Past Week – Will Bulls Continue Higher?

Cardano Price Analysis: ADA Soars 15% Over The Past Week – Will Bulls Continue Higher?

ADA/USD – New Monthly High and Attempt Break Above 2019 Highs Key Support Levels: $0.104, $0.1, $0.0974. Key Resistance Levels: $0.114, $0.12, $0.123. Cardano bounced from the support at $0.0932 (.5 Fib Retracement) this week, which allowed it to surge by 15%. On the way up, ADA broke above resistance at $0.1 to close the […]

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Crypto Price Analysis & Overview October 9th: Bitcoin, Ethereum, Ripple, Monero, & Bitcoin Cash

Crypto Price Analysis & Overview October 9th: Bitcoin, Ethereum, Ripple, Monero, & Bitcoin Cash

Bitcoin Bitcoin saw a 5.6% price increase over the past seven days as it finally breaks above the $11,000. The cryptocurrency was trading within a symmetrical triangle pattern since mid-September and struggled to break above this consolidation until yesterday. BTC was trading at the 100-days EMA last Friday as it rebounded from here and started […]

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Bitcoin Price Prediction: BTC Could Suffer Another Rejection At $10,000

Bitcoin breaks out of a symmetrical triangle pattern, closing in on the critical $11,000. BTC has a relatively clear path to $11,500 as long as buyers can pull above the short term hurdle at $11,000. The flagship cryptocurrency broke out of a symmetrical triangle discussed multiple times this week. The 4-hour timeframe chart has seen […]

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Ethereum Price Forecast: ETH On The Cusp Of Breakdown To $300

Ethereum has been rejected at the 100 SMA; the path of least resistance is downwards. ETH/USD is dealing with the absence of substantial support as highlighted by on-chain analysis. Ethereum is struggling to stay above the initial support at $340. Its immediate upside is capped by the 100-day Simple Moving Average. Recently support was established […]

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