Tag Archives: Price Analysis

Cardano exhausted buying pressure after marking a new yearly high near $0.092.It maintained the same trend across trading pairs as sellers slowly take over in the short-term.The price is currently down by 4%.ADA/USD: Cardano Eyeing $0.070 For Short-Term CorrectionKey Resistance Levels: $0.085, $0.088, $0.0917Key Support Levels: $0.074, $0.0688, $0.0631ADA/USD. Source: TradingViewThe recent 30% increase in Cardano’s price seemed to have exhausted buyers after hitting $0.0917 on June 4. The...

The price is currently up by 2.2% as bulls continued to gain control over the short-term.After gaining support around 45000 SAT, Link bounced back and charge towards last week’s high of 47267 SAT level.Link is now consolidating around $4.5 after rejecting $4.9 (February’s resistance) last week.LINK/USD: Link Remains Neutral Above $4Key Resistance Levels: $4.9, $5, $5.5Key Support Levels: $4.25, $3.5, $3LINK/USD. Source: TradingViewChainlink failed to resume buying pressure since the price...

Tron reached $0.0185 ~ 192 SAT after gaining almost 30% in a month.It may reclaim yearly high if buyers continue to show commitment in the mid-term.The increase follows Justin Sun’s announcement about the upcoming TRON 4.0 launch in July.TRX/USD: Tron Faces March’s ResistanceKey Resistance Levels: $0.0214, $0.0227, $0.0265Key Support Levels: $0.0167, $0.014, $0.012TRX/USD. Source: TradingViewFollowing Tron’s recovery from the $0.008 low in March, the price reached a two-month high of $0.0162...

After losing $35 on Tuesday, Bitcoin Cash slowly bounced back to about $256.Against Bitcoin, it is trading nicely above 0.026 BTC following a recovery from a four-week low.The mid-term target for BCH lies at 495 if it successfully breaks above the crucial $280 level.BCH/USD: BCH Charging Towards Key Resistance AgainKey Support Levels: $266, $281, $352Key Resistance Levels: $235, $222, $200BCH/USD. Source: TradingViewFew minutes after our previous analysis on Tuesday, Bitcoin Cash lost almost...

BitcoinBitcoin may have only seen a small 2.5% price surge over the last week of trading, but it was action-packed. On Monday, it surged from $9,426 and managed to rise as high as $10,430 to re-test the 2020 high.Unfortunately, it was unable to keep itself above $10,000 and dropped lower during the week to land at the $9,426 support. It has since bounced higher as it trades at $9,668.Looking ahead, if the buyers continue, the first level of resistance to overcome lies at $9,815. This is...

Cardano recorded 7% gains to reach $0.0917 in two days as bulls remain in chargeThe price is now facing a crucial resistance line on the hourly chartADA/USD: Cardano Holds Weekly Support At $0.074Key Resistance Levels: $0.0917, $0.095, $0.1Key Support Levels: $0.082, $0.074, $0.07ADA/USD. Source: TradingViewLast week, Cardano saw an impressive increase of almost 20% to reach a three-month high of $0.087 on Binance. The surge was led by a break above the important $0.07 resistance, which...

The price increased by 7% to reach $265 today after facing tough resistance at $230Bitcoin Cash is ready for a long-term move, but it would need to surpass crucial resistance at $281Against Bitcoin, the price breaks away from a bearish zone after a 3% increaseBCH/USD: BCH Is Slowly Rising BackKey Support Levels: $281, $352Key Resistance Levels: $222, $200BCH/USD. Source: TradingViewIn May, Bitcoin Cash found support at $222 after being rejected at the $281 resistance level three times. The...

Chainlink broke almost a three-month high following 7% daily gains.While it remains bullish on the daily chart, buyers may encounter dynamic resistance at 48000 SAT.LINK/USD: Chainlink Breaks Above $4.3Key Resistance Levels: $4.9, $5.5, $6Key Support Levels: $4.3, $3.5, $3LINK/USD. Source: TradingViewAfter a full recovery from March collapse, Chainlink paused and consolidated for almost five weeks due to low trading volatility. But now, it is beginning to show strength again after rising by...

Litecoin is poised for more gains after moving out from a four-weeks downward range.A break above 0.0050 BTC level would signal strength.The price is currently looking bullish across trading pairs.LTC/USD: Litecoin Aiming To Jump Above $48Key Resistance Levels: $47.68, $50.7, $56Key Support Levels: $44, $42, $39LTC/USD. Source: TradingViewFor the past few days now, the crypto market is rising. The price of Litecoin has shot up 5% over the past hours after breaking out from a downward range –...

BitcoinBitcoin saw a small 3% price increase over the past seven days as it currently trades around the $9,433 level. The cryptocurrency had started the week off by dropping beneath $9,000 and reaching the support at the rising trend line. Luckily, the buyers managed to defend this support to prevent BTC from slipping into a bearish trend.Bitcoin rebounded from the rising trend line over the past three days as it breached the $9,000 resistance again and continued as high as $9,600. It has...