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...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »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...
Read More »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,...
Read More »Binance Coin Price Analysis: BNB Completes 12% 7-Day Plunge Against Bitcoin, Where Is The Bottom?
Binance Coin is currently positioned in a downward direction.BNB may regain momentum if buying volume continues to increase again.The price dropped beneath 7-month support following a considerable selling pressure from 0.0023 BTC.BNB/USD: Binance Coin Remains Under CorrectionKey Resistance Levels: $18.7Key Support Levels: $16, $14.9BNB/USD. Source: TradingViewFollowing the latest drops in the entire crypto market, Binance Coin had gained about 1% since yesterday. Recently, BNB has been...
Read More »Tezos Price Analysis: XTZ Showing Strength Around $2.8 But Bitcoin Continues To Prevail, What’s Next?
Tezos is starting to show strength, but the current gain is not enough to catalyze any bullish momentum.While Tezos saw a small increase for some days, the price continued to drop against Bitcoin.Tezos found weekly support at $2.6 after witnessing a small recovery.XTZ/USD: Tezos Locates Temporary Support At $2.6Key Resistance Levels: $3, $3.3Key Support Levels: $2.57, $2.37XTZ/USD. Source: TradingViewIn anticipation of the upcoming Bitcoin halving, which is around the corner, Tezos is still...
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