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Tag Archives: Price Analysis

Avalanche Price Analysis: Despite Touching $100, Some Worrying Signs for AVAX Bulls

Avalanche (AVAX) surged to a new all-time high earlier today at $99.90, short of 10 cents from the $100 mark.  However, the price quickly retraced after losing 8% following the new high. Key Support level: $78 Key Resistance level: $100 (ATH), $102 AVAX has been in a clear bullish trend for some time and has set a new all-time high today at just under $100. However, so far, the bullish momentum wasn’t able to surpass the milestone level, and today’s candle might end up with a...

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Crypto Price Analysis Nov-12: Ethereum, Ripple, Cardano, Binance Coin, and Polkadot

This week was very intense in terms of price action and we take a look at Ethereum, Ripple, Cardano, Binance Coin, and Polkadot. Ethereum Ethereum has set another all-time high this week at $4,868 and increased slightly. ETH is currently sitting on a clear uptrend and has formed a large bearish wedge which appears to end just above $5,000 (in blue). This is also the place where ETH has key resistance at $5,075. Therefore, the current rally may be stopped by the bears at that...

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Litecoin Price Analysis: LTC Surges 20% Daily, Reaches Highest Price Since May

Key Support level: $236 Key Resistance level: $370 Litecoin has been consolidating since May, and the price started to increase slowly from July. However, in the past two days, LTC had a major breakthrough and started to increase. It surged by around 20% in 24 hours. It also set a 6-month high. Litecoin also broke above the $236 resistance and turned it into support. Because of LTC’s lacking performance, the next major resistance can be measured at around $370, which is a...

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Shiba Inu Price Analysis: Dead Cat Bounce for SHIB as the Correction Continues

Key Support level: $0.000044; $0.000032 Key Resistance level: $0.000055; $0.000063 SHIB’s recovery from the drop last week was impressive, but bulls failed to push the price above the key resistance at $0.000063, and bears took control again, pushing it under $0.000055, which now also acts as resistance. This leaves SHIB with the support found at $0.000044. If the bulls fail to step up soon, a retest of the support becomes likely. Failure to hold there and the next support...

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Ripple Price Analysis: XRP Rejected at $1.2 but Bullish Momentum Remains

Key Support levels: $1.13; $1.06 Key Resistance level: $1.2; $1.4 As predicted in our last analysis, XRP rallied to $1.2 but was then quickly rejected by the bears and pushed lower to the support at $1.13. This shows that the bulls still do not have enough strength to sustain a rally. For now, the support level holds and may lead to another attempt from bulls to break above $1.2. If successful, this can push XRP higher towards $1.4. Chart by TradingViewTechnical Indicators...

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Shiba Inu Price Analysis: SHIB Bounces Up But What’s the Next Target for the Bulls?

Key Support level: $0.000055 Key Resistance level: $0.000063 SHIB recovered most of the losses from this past week with a 50% rally yesterday in a considerable price swing. However, the big question is if  SHIB made a lower high. At the time of this post, SHIB is still trying to move above the key resistance at $0.000063. A failure to close above it would confirm the lower high, and that would likely lead to bears taking control of the price again. The price is currently...

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Binance Coin Price Analysis: BNB Breaks Above $600, Is ATH in Sight?

Key Support level: $516 Key Resistance level: $600; 692 BNB rallied over 10% today and broke the $600 level before being pushed back by the bears. The momentum remains very strong for BNB, and a test of the all-time high at $692 becomes more likely every day. This surge follows a major break from the blue pennant, which was successfully tested as support. With a clear path higher, BNB is expected to be a top performer in the current bull market. Chart by TradingViewTechnical...

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Shiba Inu Price Analysis: SHIB Bloodbath With Another 20% Daily, When’s The Next Support?

Key Support level: $0.000047 Key Resistance level: $0.000054 SHIB’s bullish momentum has vanished and now the coin seems to be back to reality – a point that we discussed in the last analysis. After SHIB broke below the descending triangle in blue, the selloff started and has not faded one bit since. It’s another day of major losses for SHIB holders as the coin drops a further 20%. The exit sign was given when the bottom of the triangle became resistance after being support...

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Shiba Inu Price Analysis: After 13% Daily Drop, SHIB Eyes Crucial Support Level

SHIB has recently broken below an ascending trendline which maintained the price for the past eight days, since the 23rd of October. Following a 13% daily decrease, Shiba Inu is now more than 25% far below Thursday’s all-time high level and currently facing the $0.000060 key support. Key Support level: $0.000060 Key Resistance level: $0.000066 After Shiba’s massive rally in the past weeks, the price has initiated a deep correction and has managed to find support above the...

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Crypto Price Analysis Oct-29: Ethereum, Cardano, Ripple, Shiba, and Doge

This week was very intense in terms of price action, and we take a look at Ethereum, Cardano, Ripple, Shiba, and Doge. Ethereum After a lot of anticipation, Ethereum has finally managed to set a new all-time high today. At $4,400, this new peak is a bit of a disappointment considering the previous one was at $4,380. The bulls did not have the strength to push higher, but this may change in the following week. Overall, another good week for ETH with a 6.3% rally. Chart by...

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