The last week was rather challenging for altcoins as most of the major ones are trading in the red. Bitcoin managed to pull ahead a bit, which also resulted in an increase in its market dominance. Bitcoin Bitcoin is up by a very small 2.8% over the past week as it currently trades at $37,900 – just above the 20-day MA. The coin had provided some hope at the start of the week as it surged above $37,000 to break a falling trend line that has been in play since the mid-May...
Read More »Crypto Price Analysis & Overview June 4th: Bitcoin, Ethereum, Ripple, Cardano, & Solana
We saw another week of relatively choppy price action as the major cryptocurrencies failed to chart any serious gain. On the opposite – with a few exceptions, most of the coins underwater. Bitcoin Bitcoin is down by a total of 4.7% this week and is trading inside an ascending price channel as it battles to remain above the upper boundary at around $36,600. The cryptocurrency had an interesting week of trading after meeting the resistance at $40,760 (bearish .382 Fib) last...
Read More »Solana Price Analysis: Following Near 200% Monthly Surge, SOL Eyes $50
SOL/USD – SOL Sets New ATHs Above $48 Key Support Levels: $44, $40.11, $34.76.Key Resistance Levels: $47.37, $49.75, $52. SOL saw a powerful week of trading in which it managed to surge by a strong 42% to reach a new ATH at $48.65. The cryptocurrency was trading at $32 at the start of last week as it started to surge higher. The monthly returns of SOL are even more impressive as they draw near to 200%. Over the weekend, SOL managed to break above an ascending pice channel as...
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