Tag Archives: Price Analysis

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...

After huge moves from its “friends” from the top 10 list by market cap, namely Cardano and Link, Tezos finally saw an impressive 10% price surge over the past 24 hours of trading, as the coin reached $3.6 as the current daily high.The cryptocurrency had bounced from the significant support at $3.00 earlier this week.Against Bitcoin, Tezos bounced from the support at 25,800 SAT to reach above 30,000 SAT.XTZ/USD: Bulls Reach Highs Not Seen Since February 2020Key Support Levels: $3.40, $3.20,...

BitcoinBitcoin saw a 5% price rise this week as it reached the $11,750 level. The cryptocurrency started the week at the $11,400 level as it pushed higher into $12,095 on August 2nd. From there, Bitcoin experienced some major volatility as it dropped by $1,400 in just a few minutes to fall into the $10,575 (.5 Fib Retracement) level.Bitcoin rebounded from there and started to grind higher again over the week as it reached the $11,750 level today.Looking ahead, if the buyers push higher, the...