Tag Archives: Price Analysis

BNB is under strong bearish watch across trading pairs, but it may halt at key demand areas.Despite the considerable price dumps, BNB remains the 9th largest cryptocurrency in terms of market cap.If BNB fails to bounce back at immediate support, a big sell action can be expected.BNB/USD: BNB Signaled Mid-Term Bearish After Breaching Crucial Support Key Resistance Levels: $21.5, $23Key Support Levels: $18.3, $17BNB/USD. Source: TradingViewThe last three days caused a lot of panic selling for...

The bearish scenario is likely to end shortly at 7-weeks rising trend line on the 4-hours chartAfter facing rejection at the 7-month high, LINK/USD fell and started downward correctionLink loses momentum after witnessing a low trading volumeLINK/USD: Chainlink Flaunted Short-Term Reversal With Double-Top Pattern, Nearing Key Rebound LevelKey Resistance Levels: $3.8 $4.4, $4.8Key Support Levels: $3.3, $3, $2.8LINK/USD. Source: TradingViewSince Chainlink turned away at the 7-month high of...

Despite the latest price drops, Tezos continued to hold the 10th position in terms of market cap.XTZ pairs keep showing weakness as bears charge toward key support levels.Tezos broke down from a strong bullish area after losing 9%.XTZ/USD: Tezos Prepares For Huge Drop Following Wedge BreakdownKey Resistance Levels: $3.6, 3.9, $4.2Key Support Levels: $2.9, $2.55, $2XTZ/USD. Source: TradingViewSince our previous price analysis, Tezos has shown a lot of weakness after a failed attempt to conquer...

BitcoinBitcoin witnessed a turbulent week after dropping by a total of 5.5% to bring the cryptocurrency back beneath $10,000. During the sell-off, Bitcoin fell beneath the previous rising price channel but has managed to rebound at support at $9,552, provided by a short term .236 Fib Retracement.Looking ahead, if the buyers push higher, resistance lies at $9,800 and $10,000. Above this, strong resistance is expected at $10,430 (2020 high) and $10,700 (1.414 Fib Extension). On the other side,...

Chainlink has seen a strong 52% price increase over the past fortnight as it reaches $4.29.The cryptocurrency was unable to overcome the 2019 high at $4.81, causing it to roll over and fall by around 10% this week.Against Bitcoin, LINK has been clocking fresh ATH’s as it reaches as high as 0.00049 BTCKey Support & Resistance LevelsLINK/USD:Support: $4.81, $5.00, $5.43.Resistance: $4.14, $3.75, $3.21.LINK/BTC:Support: 0.000428 BTC, 0.000392 BTC, and 0.000367 BTC.Resistance: 0.00046 BTC,...

Tezos remains the 10th largest cryptocurrency by market cap following its rally during the last few weeks.Triangle breakout signals a recent price increase for Tezos across trading pairs.Technical MACD is bullish as XTZ reclaims important resistances on the way up.XTZ/USD: Tezos Set For New Rally After Breaking Monthly HighKey Resistance Levels: $4, $4.2, $4.5Key Support Levels: $3.4, $3, $2.7XTZ/USD. Source: TradingViewTezos is on the move again. After losing 10% during a three days...

NEO recovered 7% losses overnight following an increased volume from the bull’s sides.Technical indicators continue to flag bullish despite price drops over past daysAgainst Bitcoin, NEO price remains inside wedge boundary as more gains seem underwayNEO/USD: NEO Bounces Back After Testing Key SupportKey Resistance Levels: $16.7, $18Key Support Levels: $13.4, $10.5NEO/USD. Source: TradingViewDuring the last three days, a correction caused a lot of panic amongst traders, following the massive...

Tron rolled back beneath the key support of $0.023 after losing 14% in a day.It’s now breaking down from a rising channel to signal a major price correction.TRX nosedived after marking 4-month high against Bitcoin.TRON seems to be on a downhill journey throughout the past 24 hours. Interestingly enough, this takes place a day after they announced that the popular blockchain-based social media Steemit would be joining the TRON network. Unfortunately, the cryptocurrency retraced substantially...

BitcoinBitcoin saw a small 4.7% price increase over the past 7-days as the cryptocurrency finally managed to break above resistance at $9,815 to climb above $10,000. It has met slight resistance at around $10,430 and will need to break here to continue higher.If the bulls penetrate $10,430, higher resistance lies at $10,500 $10,707 (1.414 Fib Extension), $10,810, and $11,000. On the other hand, if the sellers push lower, support is found at $10,000 and $9,815. Beneath this, additional support...

Tron surged above 3-month high, but the break is yet to confirm against BitcoinTRX is poised for massive gains, but the price is still trading at a crucial resistance levelAgainst USD, Tron is showing a lot of strength but trapped in a rising channel.TRX/USD: TRX Crossed Five-Month High Following A Weekly Surge, Is $0.030 Next Bullish Target?Key Resistance Levels: $0.030, $0.035Key Support Levels: $0.022, $0.020TRX/USD. Source: TradingViewSince our previous analysis, Tron witnessed an...