Tag: Price Analysis

LINK Price Analysis: LINKUSDT Establishing a new HIGH $22.90, Will Increasing Volume Boost Price Further?

Chainlink’s recent expansion has breached swing high posting a new all-time high LINK price as the macro bull trend continues to be intact. Consecutive higher highs and higher low are still integral thus higher prices are probable until proven otherwise. Weekly Bullish Order Block holding true.  Increasing volume profile suggestive of a climatic node.  RSI […]

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Polkadot [DOT] Price Analysis: DOTUSDT Gains 295% Riding Strong Bullish Volatility Expansion into Price Discovery

DOT price is having an impressive bullish expansion as in last few days it breached key POC S/R. DOTUSDT price action has managed to post multiple percentage gains with no clear signs of topping out as of yet. Key takeaways: Key Weekly S/R Flip, POC technical confluence Bullish Engulfing Price Action Close Price Discovery Mode […]

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Polkadot [DOT] Flips XRP Again for fourth Spot, DOT Price Outshines Major Crypto’s in Weekly Gains

Polkadot’s native DOT token price registered a new all-time high of 16.92 while flipping XRP for the fourth spot in market cap again this morning. The fourth-largest cryptocurrency by market cap is currently in price discovery mode having already gained more than 21% over the past 24-hour. Source: CoinmarketCap DOT Price Gains Outshine all Major […]

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ETH Price Analysis [WoW]: Ethereum Price Trading at key Pivot, Oscillators Indicate Strong Momentum Despite Overbought Conditions

ETH price breaking key weekly resistances and confirming them as support. Breach of ETH price discovery is to be backed with increasing volume. Oscillators suggesting strong momentum still present despite overbought conditions. ETH price is currently trading at a true pivot where a bullish weekly candle close will greatly increase the probability of breaking into […]

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Ethereum price meets imminent barrier above $1,200 as massive correction lingers

Ethereum recovers tremendously following a recent breakdown to $900, prices rise above $1,200. ETH/USD is dancing in the confines of a rising wedge pattern; a correction seems imminent in the near-term. Ethereum has recovered considerably after falling to $900 earlier in the week. The price action was lock-step at first, mostly due to the resistance […]

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Bitcoin displays strong technicals for new record high as futures open interest hit $13 billion

Bitcoin retests $40,000 after recovery almost 30% in two days. Bitcoin open interest increases 74% from the previous month, suggesting high investor optimism. Bitcoin has brushed shoulders with $40,000 again following the early week breakdown to $30,000. The pioneer cryptocurrency has presented a strong bullish front in the last couple of days by first, holding […]

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Polkadot goes ballistic soaring 40% as technical levels improve

Polkadot rises above the crypto horizon with gains almost hitting $12. DOT trading volume soars massively but coupled with overbought conditions hint at an imminent reversal. Polkadot has been teasing a breakout since the beginning of the week and after the slump in prices across the cryptocurrency market on Monday. The token embraced support at […]

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Bitcoin price on the final stretch to $40,000 but these are the levels to watch

Bitcoin nurtures recovery eyeing $40,000 after overcoming resistance at $36,000. BTC/USD must close the day above the 61.8% Fibonacci to complete the leg up to $40,000. Bitcoin rebounded after confirming support at $30,000. On the upside, the largest cryptocurrency movement was limited to $36,000. The mid-week trading saw BTC retest support at $32,000 but buyers […]

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Bitcoin price risks revisiting $30,000 while Goldman Sachs reckons that BTC has matured as an asset

Bitcoin bulls focus on avoiding declines to $30,000 by holding above the 100 SMA and $33,000. Bitcoin is becoming more mature as an asset but needs institutional backing to stabilize. Bitcoin is fighting to hold above the $33,000 but overhead pressure continues to make this task a difficult one for the bulls. The largest cryptocurrency […]

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