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Tag Archives: Price Analysis

DigiByte Records Impressive 60% Price Increase In 3 Days, What’s Next? DGB Price Analysis

TL;DR:Digibyte continued to gain momentum after increasing by 13% over the past day, which indicates a 3-day 60% price gains.After bouncing back from a 2-week low, DGB broke above immediate resistance and might look above for further bullish targetsDGB/USD: Digibyte Eyeing $0.0267 Resistance On Short-TermKey Resistance Levels: $0.0232, $0.0267, $0.030Key Support Levels: $0.0193, $0.017, $0.013While many altcoins saw major descending correction since Bitcoin halving took place almost two weeks...

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Crypto Price Analysis & Overview May 22nd: Bitcoin, Ethereum, Ripple, Cardano, and TFuel

BitcoinBitcoin saw a 4.4% price decline over the past seven days of trading as the coin trades at $9,115. The cryptocurrency was at the $9,815 resistance level for the majority of the week as it continuously failed to close above it. Bitcoin went on to slide lower from there on Wednesday as it dropped into the $9,400 level.Yesterday, Bitcoin continued to drop further as it dipped beneath $9,000 to reach as low as $8,800. Luckily, the buyers regrouped to push the coin back above $9,000 before...

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Despite Bitcoin Drop, Is Tezos Building a Bullish Reversal Pattern? XTZ Price Analysis

After losing over 5% in less than 24 hours, Tezos started to show signs of weakness as sellers resume pressure.XTZ made a quick reversal after finding base support at 26000 SAT.XTZ/USD: Tezos Trying To Recover DropKey Resistance Levels: $2.89, $3.07Key Support Levels: $2.375, $2.06XTZ/USD. Source: TradingViewTezos lost over 5% to reach $2.6 over the past hours after getting rejected at the $2.89 resistance yesterday. Sellers are starting to show interest again, and it may lead to more losses...

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EOS Price Analysis: EOS Stuck At Resistance After A Strong Rebound, Can Bulls Reiterate Action?

EOS touched $2.74 after bouncing back with a 10% gain over the last 12-hoursAgainst Bitcoin, EOS price rejects sharply after attempting to break-through the 3800 SAT resistance.If EOS fails to find a rebound level at $2.6, the bears may resume pressure inside the hourly descending channel.EOS bulls continue to turn weak at resistance as buying volume decreases across its trading pairsEOS/USD: EOS Consolidating Around $2.64Key Resistance Levels: $2.74, $2.8, $2.9Key Support Levels: $2.6, $2.5,...

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After 35% Monthly Gains, Stellar (XLM) Looks Ready For The Next Move: Price Analysis

Stellar surged by a total of 36% over the past 30-days as it reaches the $0.070 level.The cryptocurrency is now holding the support at $0.066, and it remains above a rising trend line.Against Bitcoin, XLM suffered in May after falling from 850 SAT, but the bulls are in a battle to remain above the 700 SAT support.Key Support & Resistance LevelsXLM/USD:Support: $0.066, $0.061, $0.0588.Resistance:$0.071, $0.0757, $0.08.XLM/BTC:Support: 700 SAT, 680 SAT, 655 SAT.Resistance: 720 SAT, 750 SAT,...

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Binance Coin Price Analysis: BNB Facing $17 Resistance But Shows Weakness Against Bitcoin

Following a quick bounce from $13.6, BNB is now facing a crucial resistance at $17.3.The price is currently in the middle of consolidation, deciding the next major direction.Binance Coin is looking for more gains after dropping below long-term support at 0.0018 BTC level.BNB/USD: BNB Building Up For A Big MoveKey Resistance Levels: $17.3, 18.26, $19.1Key Support Levels: $15, $13.6, $12BNB/USD. Source: TradingViewBinance Coin and some major altcoins have seen a lot of build-ups (consolidation...

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Tezos Price Analysis: XTZ Gains 5% On The Day But Is It Ready For $3?

XTZ is facing resistance at $2.7, and it could resume its uptrend if this price level breaks up.The price is currently sitting at the 27000 SAT support area after forming a lower high around 28000 SAT against Bitcoin.Tezos could start decreasing if the price drops below the current holding support.XTZ/USD: Tezos Facing Crucial Resistance Line Key Resistance Levels: $2.7, $2.89, $3.07Key Support Levels: $2.375, $2.06, $1.88XTZ/USD. Source: TradingViewSince our previous analysis, Tezos has...

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OmiseGo Gains 35% To Reach $1 In A Week After Launching On Coinbase Pro, OMG Price Analysis & Overview

Omisego remains among the best-performing cryptocurrency this week following a massive 35% surge in a few days.The bulls regained control of the market after a week downward correction.After touching $1 mark today, the price is now facing crucial resistance levels.OMG/USD: Omisego Touched $1 After Huge BreakoutKey Resistance Levels: $1.14, $1.372Key Support Levels: $0.945, $0.81OMG/USD. Source: TradingViewThe latest surge in Omisego’s price was characterized by a strong bullish candle (from...

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Crypto Price Analysis & Overview May 15th: Bitcoin, Ethereum, Ripple, Tezos, and Chainlink

BitcoinBitcoin had an interesting 7-day trading period as the coin dropped by a small 3% over the week. However, this is because BTC fell by a strong 10% over the weekend as the coin fell from $9,600 to reach as low as $8,500. It rebounded from here and started to climb after the halving occurred earlier in the week.After rebounding, Bitcoin reclaimed the $9,000 level and continued upward to reach the resistance at $9,815 yesterday. It dropped lower from this level today to reach the current...

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MATIC Mainnet is Going Live, The Token Surges 22% In 2 Days: Price Analysis & Overview

Matic saw a 7.5% price surge over the past 24 hours and 22% in the past two days.The cryptocurrency rebounded from a rising trend line over the weekend and pushed higher.Against Bitcoin, Matic is facing resistance at the 200-days EMA at around 195 SAT.Key Support & Resistance LevelsMATIC/USD:Support: $0.016, $0.014, $0.0126.Resistance: $0.0177, $0.019, $0.02.MATIC/BTC:Support: 190 SAT, 180 SAT, 161 SAT.Resistance: 205 SAT, 218 SAT, 231 SAT.MATIC/USD – Matic Surges Following Mainnet...

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