Tag Archives: Price Analysis

Despite the ongoing correction, Link remained relatively stable today.The price is likely to bounce back if the channel’s lower boundary continues to act as support.Chainlink would continue to correct downward as long as selling volume increases in the market.LINK/USD: Chainlink Struggles Under $4Key Resistance Levels: $4, $4.5, $4.98Key Support Levels: $3.47, $3, $2.63LINK/USD. Source: TradingViewSince our previous analysis, Chainlink continued to trade sideways after reaching an 8-week high...

Tezos undergoes a correction across its trading pairs as buyers wait to reiterate actions.A strong rebound at the ascending trend line would validate a continuation for XTZ bulls.The price is trading near a key psychological level, but bears are looking for more gains.XTZ/USD: Tezos Correcting At 7-Week Trend LineKey Resistance Levels: $2.88, $3Key Support Levels: $2.57, $2.37XTZ/USD. Source: TradingViewLast week, Tezos touched $3 following 200% gains in seven weeks. But currently, the 10th...

BitcoinBitcoin saw an impressive 17.5% price increase over the past 7-days of trading as the cryptocurrency managed to climb above the $7,500 resistance to break above $8,000. It continued to push higher and eventually reached a weekly high of $9,430 before dropping to the current resistance at $8,870 (1.272 Fib Extension).This price increase is not surprising because the Bitcoin block halving event is just a short 10-days away.If the buyers continue to push above the current $8,870 level,...

Chainlink hit $4 following a 5% gain, but buying pressure is getting weak by the day.A break below the 7-week channel could bottom Link straight to $2.5Link returned gains after losing the 50000 SAT support-turned-resistance levels.The price is moving in the opposite direction across trading pairs.LINK/USD: Price Continues To Hold In A ChannelKey Resistance Levels: $4, $4.5, $4.98Key Support Levels: $3.47, $3, $2.63LINK/USD. Source: TradingViewWith a small 5% increase, Chainlink’s price hits...

Litecoin is currently facing monthly resistance, but the future looks very promising for the bullsAgainst Bitcoin, the price continued to follow a bearish sentiment on a short-term perspectiveIf a rebound fails at the 0.005575 BTC support level, Litecoin may roll back to March lowLTC/USD: Litecoin Stuck At ResistanceKey Resistance Levels: $47.68, $51, $55Key Support Levels: $45.5, $43.4, $39.6LTC/USD. Source: TradingViewWhile most top cryptocurrency recently created a fresh monthly high,...

TezTezos price continued to increase after finding a rebound level yesterday.The bullish bias is still dominant, but XTZ needs to reclaim previous resistance.A mild correction could start for Tezos if the price drops below the previous lows.XTZ/USD: Tezos Recovers Above $2.7Key Resistance Levels: $3, $3.3Key Support Levels: $2.57, $2.37XTZ/USD. Source: TradingViewAccording to a recent announcement, Upbit exchange added Tezos on its trading platform, which is expected to pair against BTC....

Cardano’s price is up by 3.9% but showing weakness in the current 4-hours chart.A correction is likely to play out if Cardano fails to reiterate bullish actions.ADA regained momentum at immediate support, although the price is now roofed at technical resistance.ADA/USD: Cardano Reaches Channel’s ResistanceKey Resistance Levels: $0.0481, $0.05, $0.053Key Support Levels: $0.0441, $0.041, $0.0372ADA/USD. Source: TradingViewCardano has continued to gain momentum following a 35% increase over the...

BitcoinBitcoin went through a 6.23% price hike over the past seven days of trading as the cryptocurrency managed to push to a fresh April high at $7,700. The coin met resistance at $7,200 last week, which caused it to drop beneath $7,000 at the start of this week. It went on to find support at $6,800, where it rebounded.On the rebound, Bitcoin took out resistance at $7,000, $7,200, and $7,400 as it spiked as high as $7,780. It since dropped to the current $7,500 level, where it faces...

The price continued to increase after gaining momentum from the weekly support.Currently, the bulls are in control of the market across trading pairs.Tezos surged 11% to reach $2.66 today following a recent break above monthly high.XTZ/USD: Tezos Stays Bullish Above Weekly HighKey Resistance Levels: $3, $3.3Key Support Levels: $2.38, $2.07XTZ/USD. Source: TradingViewTezos’s price has continued to increase since the market fell to around $1 in March. So far, the recovery is estimated to about...

Stellar reactivated a mid-term bullish trend following a 17% increase over the last 24-hours trading.After breaking out from a monthly resistance, XLM continued to increase and reclaimed last month’s high – $0.0618Stellar is now targeting 8-month resistance following a monthly recovery from 600 SAT support levelXLM/USD: Stellar Reactivates Bullish Above Monthly HighKey Resistance Levels: $0.0665, $0.07Key Support Levels: $0.0618, $0.053XLM/USD. Source: TradingViewAfter bouncing back above...