Tag Archives: Price Analysis

BitcoinBitcoin saw a small 1% price decline this week, but it managed to remain within the confines of a symmetrical triangle pattern.Throughout the week, BTC attempted to break above the upper boundary of the triangle on numerous occasions but failed each time. The coin recently found support at the lower edge of the triangle.BTC can be considered directionless (neutral) until a breakout occurs from this triangle. If it breaks toward the upside, then BTC can be expected to head back to the...

Chainlink continues its bullish sentiment after seeing some correction on Monday. Current ATH around $9The price is likely to reach $10 in case the bullish momentum proceeds.LINK/USD: Chainlink Resumes The Buy PressureKey Resistance Levels: $8.9 – $9, $9.5, $10Key Support Levels: $7.83, $6.86, $5.7After climbing above $5 earlier this month, Chainlink saw an impressive 70% increase to reach over $8.9 earlier today. The price couldn’t hold there, and of writing these lines, LINK is trading...

Cardano found support slightly above $0.12 after losing 8% in two days.Despite the bearishness, it remained bullish on a short-term perspective.ADA/USD: Cardano Trapped Inside A Triangle Key Resistance Levels: $0.133, $0.14, $0.16Key Support Levels: $0.121, $0.11, $0.1ADA/USD. Source: TradingViewCardano’s price has dropped by almost 6% following the last 24-hours decrease in the entire crypto market. Despite the bearishness, it is still looking bullish on a short-term perspective as the price...

Tezos’s recovery is quickly approaching the March level of $3.3 after gaining almost 33% in 7 days.It has resumed a mid-term bullish trend following a break above a crucial resistance line across trading pairs.XTZ/USD: Tezos Charging Towards June ResistanceKey Resistance Levels: $3.3, $3.5, 3.9Key Support Levels: $2.85, $2.75, $2.69XTZ/USD. Source: TradingViewAfter the June 6 recovery from around $2.2, Tezos established support around $2.4 and continued to show strength over the past days....

BitcoinBitcoin saw a small 1% increase this week as it continued to trade sideways within the confines of a symmetrical triangle pattern. BTC has been trapped within this triangle since the start of June 2020, and a breakout will dictate the next direction.Looking ahead, if the buyers can rebound from the lower boundary of the triangle and push above the upper boundary, the first level of resistance will be located at $9,815. This is followed by additional resistance at $10,000, $10,226, and...

Stellar jumped above a 12-month high following  21% daily gains.Against Bitcoin, it’s currently trading just below 1000 SAT.XLM/USD: Stellar Facing Channel’s Resistance Key Resistance Levels: $0.1, $0.135Key Support Levels: $0.0864, $0.077XLM/USD. Source: TradingViewStellar saw impressive growth over the past four days, with almost 33% gains since the beginning of the month. Meanwhile, it started to show positive signs after exhausting June’s bearishness at around $0.057, which is now holding...

ADA is now trading above 2019’s high following a 58% growth in 7 days.The price is now approaching the 1500 SAT level with strong bullish momentum.ADA/USD: Cardano Surges 28% After Crossing $0.1 Key Resistance Levels: $0.16, $0.2Key Support Levels: $0.11, $0.094ADA/USD. Source: TradingViewThe second half of the year is again looking promising for Cardano as it starts a new increase above the $0.094 level. In fact, the price is now trading above 2019’s high following a 58% growth in 7...

The price broke a crucial resistance line after seeing a month-long downward correction to around $0.002274.After gaining 20% in less than 24-hours, DOGE is currently trading at $0.027.DOGE/USD: Pulling Back After Insane RallyKey Resistance Levels: $0.0029, $0.0030, $0.0035Key Support Levels: $0.00269, $0.00259, $0.0025DOGE/USD. Source: TradingViewThe latest surge in the price of Doge Coin has drawn a lot of attention to a potential bull run with almost 20% increases over the past 24 hours....

The price jumped to $0.0178, following a 6% growth over the last 24-hours.Against Bitcoin, TRX broke out and slowly gained momentum after staying bearish for five months.TRX/USD: Tron Charges Back At March’s Resistance Key Resistance Levels: $0.0186, $0.0215, $0.023Key Support Levels: $0.0168, $0.0149, $0.014TRX/USD. Source: TradingViewAfter establishing a three-weeks low around $0.015, Tron bounced back and started to show signs of strength again. The increase became noticeable as it...

VET saw a massive price surge over the past 24 hours as the cryptocurrency reached $0.0168.The coin has been on a rampage this week after exploding by a total of 65%.Against Bitcoin, VET created a fresh 19-month high as it reached the 180 SAT level.Key Support & Resistance LevelsVET/USD:Support: $0.0136, $0.011, $0.01.Resistance: $0.0152, $0.0161, $0.018.VET/BTC:Support: 150 SAT, 130 SAT, 113 SAT.Resistance: 181 SAT, 200 SAT, 221 SAT.VET/USD: VeChain Reaches Fresh 22-Month HighsThe price...