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Yaz Sheikh



Articles by Yaz Sheikh

Bitcoin Facing Critical Support At $30K, Breakdown Can Lead To $26,000 (Price Analysis)

18 hours ago

Bitcoin continues its downtrend movement. Today, the BTC is down almost 7% from the opening price of $32,500, according to Bitstamp. The cryptocurrency failed to close a 4-hour candle above that level yesterday and since then, saw only one direction – down.It eventually plummeted beneath the short-term rising trend line we were tracking over the past few days, which can also be seen as a Head and Shoulders pattern (where the line is served as the neckline). In this case, the target of the H&S is somewhere between $28K – $29K.Regardless, Bitcoin continued its decline, breaking down the next critical support level at $30,760 (.786 Fib) to hit the current $30,150 level.If today’s candle closes at current levels, the break of $30,760 marks the end to the previous rangebound trading area

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Ripple Price Analysis: Following 12% Weekly Decline, XRP Hinges on Important Support

21 hours ago

XRP/USD – XRP Holds Strong At Short Term .618 FibKey Support Levels: $0.25, $0.23, $0.22.Key Resistance Levels: $0.3, $0.32, $0.35.XRP has been relatively quiet in January after the disastrous move in December, which saw it collapse by over 75% from high to low. It managed to find support at $0.2 and started a very slow recovery, trading sideways in a symmetrical triangle pattern.Over the past three weeks, XRP has remained supported by a short term .618 Fib Retracement level at $0.263, which prevented a daily candle from breaking beneath it. Today, XRP dropped by 3.1%, which pushed it below the .618 Fib to the lower boundary of the triangle. A daily candle close would be required to confirm that the support has broken.This current triangle will need to be resolved to dictate the next

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Bitcoin Price Analysis: Another Retest, Will Support Break and Push BTC Back To $26,000?

2 days ago

Another Black Monday: Bitcoin dropped by a steep 9% after failing to overcome resistance at $34K – $35. As of writing these lines, the drop recorded a daily low at $31,130 earlier this morning, according to Bitstamp.This doesn’t happen for the first time – the primary cryptocurrency found support, provided by a short-term rising trend line that dated back to late-December 2020. Since then, BTC had seen a rebound back to the $32K price area, where it is trading as of writing these lines.So far in January, the coin has bounced three times from this support line over the past five days. Will it continue to hold? We have yet to see.Looking at the bigger picture, Bitcoin price remains inside the boundaries of a descending bearish triangle pattern and has mainly been rangebound between $33,000

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After Increasing $2K In Hours, Bitcoin Slumps Below Critical Resistance: What’s Next? (BTC Price Analysis)

3 days ago

Earlier today, Bitcoin price managed to rise by over $2,000 as it bounced from $32,800 to reach a daily high of around $34,900, according to BItstamp. However, as of writing these lines, BTC failed to hold and retraced down below the crucial support turned resistance level of $34,000.As of writing these lines, Bitcoin had failed to close the 4-hour candle above the resistance at a short term bearish .5 Fib Retracement of $34,450. As of now, it struggles to maintain the critical area of $34K.Looking at the bigger picture, Bitcoin recovered nicely over the past 24 hours, after another retest of the $30K – $31K support area. As mentioned here yesterday, the latter is the lower angle of a bearish triangle. On the longer scale, if Bitcoin losses the crucial support around the $30K range, then

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Ethereum Price Analysis: ETH Spiked to $1500 But Bulls Must Confirm ATH Breakout

3 days ago

ETH/USD – Ethereum Creates New ATH At $1480Key Support Levels: $1392, $1350, $1300.Key Resistance Levels: $1425, $1480, $1530.Ethereum saw a 6.5% price climb today as the coin trades near $1415. The coin had rebounded from $1100 on Friday as it started to surge over the weekend to close yesterday’s candle at $1392 (1.618 Fib Extension).The cryptocurrency is trading within a broad rising price channel and is contesting the upper boundary today.ETH had spiked higher earlier in the day to break this channel and set a new ATH price at $1480. It has since rolled over to return beneath the previous ATH price at $1425.ETH/USD Daily Chart. Source: TradingView.ETH-USD Short Term Price PredictionLooking ahead, the first level of resistance lies at $1425. The new ATH follows this at $1480, then $1530

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Ethereum Price Analysis: Following 20% Weekly Increase Against BTC, How High Can ETH Get?

4 days ago

ETH/USD – Ethereum Continues Higher After $1100 ReboundKey Support Levels: $1275, $1230, $1100.Key Resistance Levels: $1390, $1425. $1439.Last Thursday, Ethereum took a steep price fall when it dropped from $1390 to hit the support at $1100, provided by a .382 Fib Retracement level.On Friday, it dipped further, hitting a low of $1050. However, it quickly reversed and started to rebound higher from there. Yesterday, it was struggling to break resistance at $1276 (bearish .886 Fib Retracement) but managed to find support at $1230 (.236 Fib).Today, the 5% price hike allowed ETH to penetrate above $1276 to reach as high as $1350 to meet resistance at a 1.272 Fib Extension.ETH/USD Daily Chart. Source: TradingViewETH-USD Short Term Price PredictionLooking ahead, the first level of resistance

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Bitcoin Price Analysis: Expecting Huge BTC Move, Breakout To $30K Or $35K Next?

4 days ago

Over the past week, Bitcoin price lost approximately 10% of its value, following a drop from the $37K – $38K price area. This comes just two weeks after setting the current all-time high of $42,000 on January 8, 2021.Over the past days, the primary cryptocurrency found support, once again, around the $30K horizontal line. Looking at the bigger picture, the $30,000 had now formed the baseline of a bearish triangle that Bitcoin is currently trading within and can be seen on the following daily chart.Looking at the shorter timeframe, as can be seen on the following 4-hour chart, Bitcoin is trading inside a symmetrical triangle pattern, and struggling to hold above the 200-days moving average’s line of the 4-hour timeframe.The triangle boundaries are at around $33K from the top, $32K from the

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Crypto Price Analysis & Overview January 22nd: Bitcoin, Ethereum, Ripple, Polkadot, and Chainlink

6 days ago

During the past seven days, we saw an extended correction in Bitcoin’s price which failed to recover to its previous all-time highs. However, while BTC is down, a lot of altcoins started popping and gaining some serious value. For this week’s analysis, we’ve decided to take a closer look at Bitcoin, Ethereum, Ripple, Polkadot, and Chainlink.BitcoinBitcoin is down by a further 18% this week, dropping by a steep $10,900 to reach a low at $28,900. The cryptocurrency was trading at the upper border of a symmetrical triangle at the start of the week as it started to head lower.Yesterday, it fell beneath this symmetrical triangle as it plummeted into the $30,000 region. It has now formed a new descending triangle pattern with the base of the triangle at $30,000. It did spike lower today,

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Bitcoin Price Analysis: Following $7K Daily Drop, Will $30K Hold?

6 days ago

Bitcoin suffered a severe 15% decline in the past 24 hours, which saw the cryptocurrency dropping by $7,000 to reach below $29K. In doing so, it fell beneath the previous symmetrical triangle we were tracking and landed at the lower border of a long-termed bearish triangle.More specifically, Bitcoin managed to find support at the $30,760 support we highlighted yesterday, provided by a short term .786 Fib Retracement level. However, BTC did spike beneath this, reaching as low as $28,800 today, but it did not close a 4-hour candle below the support, which might turn short term bullish for a possible correction (which already started).A strong surge in volume accompanied the rebound at the support located at the bottom of the triangle. It had increased each time Bitcoin approached this level

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Chainlink Price Analysis: LINK Struggles Around $20 Following a 10% Daily Crash

7 days ago

LINK/USD – LINK Retreats From New $24.70 ATHKey Support Levels: $19.20, $18, $17.52.Key Resistance Levels: $20.77, $21.57, $22.82.Despite dropping 20% over the past four days, LINK is still up by a strong 25.6% this week. It had surged higher to break the previous ATH price and set a new one at $24.70.There, it ran into resistance at a 1.272 Fib Extension ad started to head lower. Today, it dropped by a steep 10% as it fell from above $22 to reach the current $19.85 level. Nevertheless, LINK is still above support at $19.20, provided by a .382 Fib Retracement.LINK/USD Daily Chart. Source: TradingViewLINK-USD Short Term Price PredictionLooking ahead, if the sellers continue lower, the first level of support lies at $19.20 (.382 Fib). This is followed by $18, $17.52 (.5 Fib), $16.65

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Bitcoin Crashes $4000 Following Triangle Pattern Breakdown: Where Is The Bottom? (BTC Price Analysis)

7 days ago

Today has been a rough day for Bitcoin bulls. The price dropped by a sharp 10% today, over $4K, over the past hours. This comes just one day after the primary cryptocurrency reached $38K. In conclusion – we saw a 2-day nightmare of almost $7000 loss in value.What leveraged the collapse was the horizontal triangle’s breakdown, as mentioned here in our most recent BTC analysis from yesterday. As can be seen on the daily chart below, once the triangle was broken along with horizontal support of $34K, the bloodbath began.As of writing these lines, the daily low (according to Bitstamp) lies about the support area at $31,200, which is the downside 1.414 Fib Extension level.Shortly after recording the current low at $31,200, the bulls had come and a massive correction above was initiated. We

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Ethereum Price Analysis: ETH Cools Off After Hitting ATH Above $1430, What’s Next?

8 days ago

ETH/USD – Ethereum Retreats From Yesterday’s ATHKey Support Levels: $1275, $1230, $1200.Key Resistance Levels: $1350, $1400, $1424.Yesterday, ETH surged by a strong 12%, which allowed it to climb above a consolidation pattern and hit the previous ATH price. It even set a new ATH marginally higher, around $1439, before coming back down to close the day at about $1380.Today, Ethereum retreated and dropped by 8%. This was largely caused by a sharp drop in the price of Bitcoin, which also fell by around 8%.The Bitcoin-driven price drop caused ETH to spike as low as $1230, where it found combined support at a rising trend line and the .236 Fib Retracement level. It has since rebounded and attempts to break back above $1300.ETH/USD Daily Chart. Source: TradingViewETH-USD Short Term Price

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Bitcoin Price Analysis: BTC Testing Crucial Support, is Dump to $30K Imminent?

8 days ago

Bitcoin saw a sharp 8% price plummet over the past 24 hours as it lost almost $4K from its value in just one day. As of writing these lines, Bitcoin found support around $34,000, which is also the lower boundary of the symmetrical triangle pattern we mentioned here yesterday.BTC has been trading within this pattern since reaching the current ATH at $42,000 on January 8, 2020. Since then, we saw triangle consolidation for the past 12 days.It tried to push higher at the start of the week after rebounding from support at $34,800 (short term .5 Fib Retracement) over the weekend. BTC managed to reach as high as $37,940 yesterday, which marked another ‘touch’ at the triangle upper angle but could not overcome the resistance provided by a bearish .618 Fib Retracement level.As a result, Bitcoin

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Bitcoin Price Analysis: BTC’s Triangle Formation Is Likely To End With a Huge Move

9 days ago

While the crypto market is celebrating a new all-time high to the second-largest crypto, Ethereum, Bitcoin saw a minor 3% price spike over the past 24 hours as it trades slightly below $38K. On a larger scale, BTC has been trading sideways for the past 12 days after nailing its ATH level at $42,000 On January 8, 2020.From there, Bitcoin started to consolidate as it forms a giant symmetrical triangle pattern, as can be seen on the following 4-hour chart. Over the weekend, Bitcoin fell from the resistance at $37,940 – $38K (short term bearish .618 Fib) and headed to the support at $34,800 (.5 Fib Retracement) – the lower ascending angle of the triangle.Yesterday, BTC re-tested that support line again and after breaking out from a short-term rising channel during the time of this writing,

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Ethereum Price Analysis: ETH Breaks $1400, Which Are the Next Possible Targets?

9 days ago

ETH/USD – Bulls Set New ATH PriceKey Support Levels: $1390, $1350, $1275.Key Resistance Levels: $1473, $1530, $1600.Ethereum was trading in a short term symmetrical triangle pattern as it struggled to break resistance at $1276 (bearish .886 Fib) over the past four days of trading. This resistance was finally broken with today’s 12% price hike, which saw the cryptocurrency breaking the previous ATH record.It went on to set a new ATH price at $1439, marginally above the previous one at $1425. With the bullish momentum within the market, we could see higher ATHs over the course of the day. It has since dropped to $1400 at the time of writing.ETH/USD Daily Chart. Source: TradingVIewETH-USD Short Term Price PredictionLooking ahead, once the bulls clear the new ATH, the first level of resistance

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Ripple Price Analysis: XRP Consolidating Below $0.30, Big Move Inbound?

10 days ago

XRP/USD – XRP Bulls Holding .618 Fib SupportKey Support Levels: $0.263, $0.25, $0.23.Key Resistance Levels: $0.3, $0.32, $0.35.XRP might be down 11% over the past week after falling from resistance at the 200-days EMA, but the cryptocurrency is still trading within a consolidation pattern known as a symmetrical triangle.Over the past four days, XRP has managed to remain supported by the .618 Fib Retracement at around $0.263 and has recently rebounded from here. The cryptocurrency still has a long way to recover from the disastrous December performance and only a break above $0.35 (100-days EMA) would indicate the bulls are ready to start the recovery process.XRP/USD Daily Chart. Source: TradingViewXRP-USD Short Term Price PredictionLooking ahead, the first level of resistance lies at $0.3

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Bitcoin Price Analysis: BTC Correction Is Not Over Yet, $30K Before $40K?

11 days ago

Another volatile weekend: the Bitcoin price is down by 7% over the past 24 hours after losing critical support at $36,000. Only three days ago, the cryptocurrency pushed over $40K but failed to close above the benchmark level.After failing at $40K, BTC started losing altitude on Friday as it broke beneath a short term rising price channel. It then dropped into support at $34,800 (short term .5 Fib Retracement) and rebounded sharply, but couldn’t overcome resistance at $38K ($37,940, bearish .618 Fib Retracement) as of yesterday.Looking at the following 4-hour, after it provided support on two different occasions, the MA-50 line got broken down and, moreover, tested earlier today, this time to confirm the line as support-turned-resistance (around $36K).As of writing these lines, Bitcoin

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ETH Soars Towards $1300: Only 11% Away From ATH (Ethereum Price Analysis)

12 days ago

ETH/USD – Bulls Return To Bearish .886 Fib Resistance.Key Support Levels: $1,200, $1,165, $1,100.Key Resistance Levels: $1,300, $1,350, $1,392.Ethereum saw a whipsaw-like action in trading this week after starting above $1,300 and dropping into the $1,050 support (.382 Fib Retracement). From there, it rebounded on Wednesday as it pushed higher but became stuck at a short term falling trend line.ETH then headed lower but found support at $1,165 (.236 Fib Retracement). It rebounded from this support today to break above the short term falling trend line and reach as high as $1,295. It has since dropped slightly and is trading at the resistance of around $1,275, provided by a bearish .886 Fib Retracement. This resistance stalled the market in the first week of January 2020.ETH/USD Daily

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Polkadot Price Analysis: DOT Skyrockets 30% In 24 Hours, Is $20 Next?

12 days ago

DOT/USD – DOT Sets New ATH At $18.15.Key Support Levels: $17.30, $16, $15.35.Key Resistance Levels: $18.15, $18.65, $19.55.Today, DOT surged by 30.5% to set a new ATH price at $18.15. The cryptocurrency is now up by a total of 88% this week after bouncing from support at $8 on Wednesday. From there, it continued higher until it hit resistance at $15.10 (1.618 Fib Extension) on Thursday.It stalled at this resistance yesterday, but today’s 30.5% price surge allowed it to break beyond $15.10 as it surged higher to break resistance at $16.45 and reach a new ATH at $18.15. It has since pulled back to trade around $17.80.DOT/USD Daily Chart. Source: TradingViewDOT-USD Short Term Price PredictionLooking ahead, if the bulls break the ATh at $18.15, the first level of resistance lies at $18.65

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Crypto Price Analysis & Overview January 15th: Bitcoin, Ethereum, Ripple, Polkadot, and Cardano

13 days ago

This week has been particularly volatile. Bitcoin went on a massive correction, jumped back to $40K, and dropped again just a few hours ago. The majority of the altcoins followed. Polkadot (DOT), however, went on an impressive rally as can be seen in the below ROI chart for the coins we’ve selected this week.BitcoinBitcoin is down by a concerning 13.8% over the past week as it currently trades beneath $36,000. The downturn for Bitcoin started on Monday when it dropped by a steep 25% to reach as low as $30,100. It quickly rebounded from there to establish support at $32,500 (.382 Fib Retracement).On Wednesday, Bitcoin rebounded from the $32,500 support and started to push higher. It managed to reach as high as $40,000 yesterday but could not close a daily candle above the resistance at a

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LINK Skyrockets 30% To Break ATH Above $20: Chainlink Price Analysis

13 days ago

LINK/USD – LINK Sets Fresh ATH Above $20.77Key Support Levels: $20.77, $20, $19.17.Key Resistance Levels: $21.57, $22.82, $24, $24.70.At the start of January, LINK started to surge higher but became stuck by resistance at $19.17 (bearish .886 Fib Retracement). From there, it started to head lower until support was found at $13 a couple of days ago.LINK bounced from the support at $13.06 on Wednesday and started to push higher. It closed the daily candle yesterday at around $18 and continued higher beyond the $19.17 resistance today.After $19.17, LINK went on to break the previous ATH price at $20.77 and continued upward to set a new ATH at $22.82 (1.414 Fib Extension). It has since dropped slightly to trade around $21.15.LINK/USD Daily Chart. Source: TradingViewLINK-USD Short Term Price

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Bitcoin Reclaims $40K: New ATH Soon or Deeper Correction Incoming? (BTC Price Analysis)

14 days ago

The bulls are back in town with a solid 15% daily price surge, as BTC reclaims the $40K price area. Only two days ago, after reaching $42K ATH, the primary cryptocurrency dropped by a steep 30% to find support upon the $30K level.The correction was even quicker than the drop as BTC had gained $5,000 only yesterday and closed the daily candle at $37,415 (Bitstamp). Today, Bitcoin’s price continued even higher, recording $40,122 as the daily high as of writing these lines.Bitcoin has initiated a new ascending price channel on the following 4-hour chart as it trades around the upper border. Additionally, it has met resistance at a bearish .786 Fib Retracement around $39,720, together with $40 K’s psychological level. Following the 2-day $10,000 rally, it will be interesting to see whether BTC

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Polkadot Price Analysis: DOT Surges 40% to a New ATH, Becoming the 5th Largest Cryptocurrency

14 days ago

DOT/USD – DOT Setting Fresh ATH Above $11.Key Support Levels: $12, $11.60, $11.Key Resistance Levels: $13, $13.37, $14.08.DOT started to surge higher toward the end of 2020 when it bounced from support at $4.50 (100-days EMA) to reach $9.65 by the end of the year. In 2021, it struggled to break resistance around $10.20 for the first week of January and eventually rolled over earlier this week to drop into the $8.00 support.From there, the cryptocurrency rebounded yesterday as it broke above $10 to meet the resistance at $10.95 (1.272 Fib Extension). Today, the price hike continued as DOT surged past $12 to reach $12.72.DOT/USD Daily Chart. Source: TradingViewDOT-USD Short Term Price PredictionLooking ahead, if the buyers break $13, the first level of resistance lies at $13.37 (1.272 Fib

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Ethereum Price Analysis: ETH Stable Above $1050 Support, Big Move Incoming?

15 days ago

ETH/USD – Bulls Holding Strong Above .382 Fib SupportKey Support Levels: $1047, $1000, $952.Key Resistance Levels: $1100, $1165, $1200.Last week, Ethereum was climbing higher as it surged into the $1350 resistance (1.272 Fib Extension). More specifically, it struggled to close a daily candle above resistance at $1276 (bearish .886 Fib Retracement) and started to roll over from here at the weekend.On Monday, the sudden Bitcoin price plummet caused ETH to spike as low as $930. Luckily, the bulls had regrouped by the end of the day to close that daily candle at around $1090. From there, ETH has dropped slightly lower into support at $1047 (.382 Fib Retracement) and has held here for the past two days.ETH/USD Daily Chart. Source: TradingViewETH-USD Short Term Price PredictionLooking ahead, if

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Stellar Price Analysis: After 50% Weekly ROI, XLM Facing Important Resistance at $0.3

15 days ago

XLM/USD – Bulls Defend Support at $0.27Key Support Levels: $0.27, $0.257, $0.224.Key Resistance Levels: $0.3, $0.325, $0.35.XLM seems to be holding strong at the $0.27 support over the past three days after it surged as high as $0.45 last week. The cryptocurrency could not break a daily candle above $0.35 and started to head lower from there. Nevertheless, it’s up about 50% since the open seven days ago and it’s now facing an important resistance.During the BTC intra-day price drop on Monday, XLM fell as low as $0.2 but quickly recovered to close the daily candle above $0.27. It has since pushed higher toward $0.286 but is trading beneath a short term falling trend line, which will need to be penetrated to head higher.XLM/USD Daily Chart. Source: TradingViewXLM-USD Short Term Price

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Bitcoin Price Analysis: Was $30K The Correction’s Bottom Or More Blood Incoming?

16 days ago

Bitcoin dropped by almost $11,000 over the past 48 hours as it fell by 25% to reach yesterday’s low at $30,300. After the huge drop, which can also be seen as another Black Monday, the bulls found support at a rising trend line that extends back to the December lows.Since this support was reached at the closing time for yesterday’s candle, Bitcoin had already recovered over 15% from its low, allowing it to close Monday at $35,455.Today, BTC tried to push higher but faced strong resistance around $36,460 – provided by the 50-MA, as marked on the following 4-hour chart. At the time of this writing, Bitcoin is trading around $35K.BTC Price Support and Resistance Levels to WatchKey Support Levels: $34,800, $34,000 $32,500, $32,000, $30,300, $30,000.Key Resistance Levels: $36,460, $37,150,

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Ripple Price Analysis: XRP Plunges 18% As Crypto Markets Correct, Support Nearby?

17 days ago

XRP/USD – XRP Drops From 200-Days EMAKey Support Levels: $0.263, $0.25, $0.23.Key Resistance Levels: $0.3, $0.32, $0.35.Last week, XRP bounced higher from $0.25 to reach the resistance at the 200-days EMA. It traded sideways along with the 200-days EMA for the past five days but the 15% price drop in Bitcoin today caused XRP to drop by 18% as it slides from the 200-days EMA at $0.32 to reach the current $0.273 level.XRP had spiked further lower earlier in the day but managed to find support at $0.23, provided by the .786 Fib Retracement.XRP/USD Daily Chart. Source: TradingViewXRP-USD Short Term Price PredictionLooking ahead, if the bears push lower, the first level of support lies at $0.263 (.618 Fib). This is followed by $0.25, $0.23 (.786 Fib), and $0.22 (Nov 2020 lows). Added support is

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Bitcoin Crashing 28% To $30K: Can The Bloodbath Stop Here? (BTC Price Analysis)

17 days ago

The price of Bitcoin took a tumble today after dropping by almost 25% in the past 24-hours alone, and almost 30% from the ATH that was set last Friday at $42K.Over the past 14 hours, Bitcoin dropped by a total of $7,400 after following a breakdown of the marked descending triangle (4-hour chart), which has been predicted in our yesterday’s analysis. Bitcoin dropped severely to $30,700 as the current low, according to Bitsamp.Typically, this type of pullback is necessary after the parabolic bullish move. There was no significant correction (of over 25%) since Bitcoin broke the 2017 all-time high a month ago.The question now is whether the bulls found a strong-enough support level at the mid-term ascending trend line at $30,700. This trend line extended back to the December lows and allowed

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Bitcoin Price Analysis: Following $2500 Correction, Will BTC Retest $34K Before a New ATH?

18 days ago

After setting the current all-time high level at $42,000, according to Bitstamp, Bitcoin price saw a retracement to the $38K – $39K area followed by a quick recovery back above $40K over the weekend.However, despite reaching $41K earlier today, Bitcoin had plunged to a current low of $38,555 (Bitstamp) before recovering slightly to where it is trading right now – $39,500.Looking at the bigger picture and as shown on the following 4-hour chart, Bitcoin had broken below the rising channel and is currently forming a bearish triangle.We saw such triangle formation right before breaking above $32K. but Can Bitcoin repeat the same pattern now – at $42K – and break upside, or is Bitcoin set for a deeper correction toward $34K?The breakout direction of this descending triangle will determine where

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Ethereum Touched $1350 But Quickly Plunged 8%: Another Dip Or Massive Correction Inbound? (ETH Price Analysis)

18 days ago

ETH/USD – Ethereum Continues To Set Multi-Year HighsKey Support Levels: $1275, $1200, $1165.Key Resistance Levels: $1350, $1390, $1425.This past week, Etheruem surged higher from $800 to reach the resistance at $1275 on Friday, provided by a bearish .886 Fib Retracement. It stalled here for a couple of days as it traded along with the support of $1165 (.236 Fib Retracement).Today, Ethereum managed to push above the resistance at $1275 to climb higher towards $1350 (current daily high and current 3-year high), provided by a 1.272 Fibonacci Extension level.It has since dropped sharply more than $100, along with Bitcoin’s correcting below $39K. As of writing these words, ETH was able to find support by a mid-term ascending trend-line (as marked on the 4-hour’s chart) and recovered half of the

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