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Tag Archives: Price Analysis

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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Tezos Price Analysis: XTZ Soars 8%, But Still Far From The Monthly Highs Around $3

Tezos is slowly regaining bullish momentum, getting close to key resistance at $2.58XTZ broke down from a two-month ascending trending, initiating a sharp price dropAgainst Bitcoin, Tezos formed a double bottom at the 0.00027 BTC support, which could become bullishXTZ/USD: Recovery After BreakdownKey Resistance Levels: $2.58, $2.89, $3Key Support Levels: $2.375, $2.06, $1.88Tezos slightly lost its short-term bullish trend a few days ago after dropping below critical support at $2.58, along...

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Chainlink Price Analysis: LINK Consolidates Around $3,70 But Bulls May Be Plotting a Big Move

Link looks indecisive after witnessing a 1.92% loss over the past few hours.The price is trapped in a channel as the bullish trend remain valid across trading pairs.Chainlink continues to hold key demand level at $3.47 after a series of rejections.LINK/USD: Chainlink Is Trapped In a Tight RangeKey Resistance Levels: $4, $4.26, $4.5Key Support Levels: $3.47, $3, $2.63LINK/USD. Source: TradingViewWhile most top altcoins dropped below their immediate supports following the recent fall in...

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Bitcoin Cash Price Analysis: BCH Broke The Crucial Resistance At $280, Where’s The Bottom?

Bitcoin Cash is facing two months resistance level at $280, but bulls are not giving upAfter finding support against BTC, Bitcoin Cash started to show recovery towards March levelBCH/USD: Bitcoin Cash Poised For BreakoutKey Resistance Levels: $279, $300, $322Key Support Levels: $236, $215, $200BCH/USD. Source: TradingViewBitcoin Cash saw a slight daily increase following a nice recovery from $236 this week, although the gain is still mild compared to the recent $1000 surge in Bitcoin’s price...

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Crypto Price Analysis & Overview May 8th: Bitcoin, Ethereum, Ripple, Monero, and Tron

BitcoinBitcoin saw an impressive 11.5% price surge over the past 7 days of trading as the cryptocurrency manages to reach as high as $10,000 again. During the week, the coin managed to break above the previous resistance at $9,000 and continued above further resistance at $9,426 and $9,815 to reach the $10,000 level.Looking ahead, if the buyers break above $10,000, resistance is located at $10,226 (1.618 Fib Extension) and $10,430 (2020 high). Above this, resistance is located at $10,810,...

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