Tag Archives: Price Analysis

BitcoinBitcoin moved sideways this week as a consolidation pattern appeared in the form of a symmetrical triangle. This triangle is best seen on the hourly charts and is highlighted by the white boundaries.The cryptocurrency dropped by a steep 15% in September from $12,000 to the current $10,260 level. The $10,000 level provided strong support throughout the week and allowed the bulls to start to edge higher again. However, it is still trapped within the confines of the symmetrical triangle,...

Tron saw a healthy 12% price hike today as it reached the $0.0326 level.While the entire top 20 sees negative figures over the past week, Tron managed to remain in the positive by a total of 5%.Against Bitcoin, TRX headed higher since the weekend after it rebounded from 288 SAT to reach 330 SAT today.TRX/USD: TRX Bulls Defend $0.03 With EaseKey Support Levels: $0.032, $0.03, $0.028Key Resistance Levels: $0.035, $0.04, $0.0436.TRX was pushing higher toward the end of August and managed to...

Chainlink suffered a steep 9% price drop over the past 24 hours, completing a 35% descent from its all-time high reached on August 16 at around $20.Against Bitcoin, LINK is also on the decline as the buyers attempt to defend the 0.00119 BTC support level today.LINK/USD – Bearish Momentum Starts To IncreaseKey Support Levels: $13.35, $12.60, $11.61.Key Resistance Levels: $14, $15.10, $16.LINK broke toward the upside of a symmetrical triangle pattern at the end of August. However, it was unable...

BitcoinBitcoin saw a small 4% price drop this week as it headed into the $11,300 support (downside 1.272 Fib Extension). During the week, the coin broke beneath the August rising trend line. The bulls attempted to recover, but the previous support flipped into resistance and the buyers failed to overcome it.On Tuesday, Bitcoin plummeted by 6% from $11,770 to a low of $11,150 (.382 Fib Retracement). Luckily, the bulls pushed higher to close the daily candle above the $11,300 support (downside...

BitcoinBitcoin continued its sideways movement this week as it remained around the $11,600 level. However, during the week, the cryptocurrency did push higher as it penetrated above the $12,000 resistance to reach the $12,400 level.Unfortunately, it was unable to sustain these highs as it rolled over to fall beneath $12,000 at the start of the week. Bitcoin has since dropped further as it reached the support at $11,650 (.236 Fib Retracement). A rising trend line also bolsters this support.The...

Chainlink dropped by almost 20% today as it fell into the $15.00 support.Against Bitcoin, LINK decreased from the 0.0017 BTC level to reach the support at 0.00127 BTC.LINK/USD: LINK Bullish Momentum Dies Out At $19.50Key Support Levels: $15.10, $14, $13.35.Key Resistance Levels: $17.20, $18, $19.51.Over the weekend, LINK surged higher from the $17 level to reach the resistance at $19.50 (1.618 Fib Extension). LINK managed to spike above $20 yesterday but has since dropped below $17 to reach...

Bitcoin (BTC)Bitcoin is more or less around the price it was traded a week ago, but this comes after a raging week as the coin plunged to a weekly low around $11,100.Shortly before, Bitcoin made another push towards the current high at $12,100 (1.272 Fib Extension), for the second time in 10 days. Unfortunately, BTC was unable to sustain this high.Just one day after, Bitcoin lost almost $1000, however quickly recovered to the support level around $11,400 (.236 Fib Retracement and prior high)....

Chainlink surged by another 18.5% today to bring the price for the coin as high as $17.90.This move created a new ATH value for LINK and allowed it to claim the 5th ranked position according to market cap.Against Bitcoin, LINK also created a new ATH value as it reached as high as 153,000 SAT today.LINK/USD: LINK Pushes Into Fresh ATH at $17.90Key Support Levels: $16, $15.10, $14.Key Resistance Levels: $17.90, $19, $19.50.Chainlink is showing zero signs of slowing its pace after it surged by a...

Tezos increased by 8% today as the coin reached the $4.40 level, which is the all-time high recorded two days ago.Against Bitcoin, Tezos surpassed 38,000 SAT and recorded its highest level against Bitcoin since February this year.XTZ/USD – Bulls Seek For New All-Time HighKey Support Levels: $4.00, $3.91, $3.58.Key Resistance Levels: $4.45 (current all-time high), $4.60, $4.80.Tezos has surged by a solid 35% this week as the coin pushed higher. The coin reached the $4.26 (1.414 Fib Extension)...

Chainlink dropped by a sharp 7% today and about 15% in the past two days.Before this drop, LINK had created a fresh all-time high at $14.74, gaining upwards of 35% in a week.Against Bitcoin, LINK is also heading lower as it dropped from the 120,000 SAT resistance to reach 108,000 SAT today.LINK/USD: LINK Rolls Over After Bulls Set Fresh All-Time HighKey Support Levels: $12, $11.40, $10.45.Key Resistance Levels: $14, $14.47, $15.Chainlink has been surging over the past month, being able to...