This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Despite the bullish fundamentals of Ethereum’s merge, the price of the second largest cryptocurrency has continued its downtrend and registered a 10% loss in the past seven days. At the time of this post, ETH managed to find some support at $1,250, but this level remains fragile. The resistance is not far away at $1,400, and bears will likely come in strong if the price...
Read More »Crypto Price Analysis August 26: Ethereum, Cardano, Ripple, Binance Coin, & Solana
In today’s overview, we take a closer look at Ethereum, Cardano, Ripple, Binance Coin, and Solana. Ethereum Ethereum might be down 9.1% this week, but it’s recovering well from the latest collapse. The cryptocurrency fell from above $1,800 last Friday and continued to decline during the weekend until it found support at the 50-day MA level. It rebounded from the 50-day MA and started to climb throughout the week. Yesterday, it found resistance at the 20-day MA level and the...
Read More »SOL With Another Attempt at $44, Will The Bulls Finally Make It? (Solana Price Analysis)
After two failed attempts to break above the $44 level, Solana is back at it again. Key Support levels: $40, $35 Key Resistance levels: $44, $59 The bulls are seemingly very eager to push the price higher. The cryptocurrency rallied above the $4 key resistance level today but is now falling back down. If the buyers fail to sustain the momentum, then this might result in the third failed attempt at breaking this important level. The key support, meanwhile, is found at $40....
Read More »Crypto Price Analysis Feb-11: Ethereum, Ripple, Cardano, Solana and Shiba Inu
This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Shiba Inu. Ethereum (ETH) ETH failed to push above $3,200 this week and fell back on the $3,000 support level yesterday, where the price is now consolidating. Despite this most recent pullback, the cryptocurrency had a stellar performance this week, with a 16% price increase in the past seven days. The big question is if ETH can hold above $3,000. If it manages to do so, then bulls might be in a...
Read More »Weekend Watch: Crypto Recovery – Bitcoin Eyes $38K, SOL Spikes 8%
Bitcoin’s recovery attempts continue with the asset aiming to overcome $38,000. Most alternative coins have produced even more significant gains since yesterday. Ethereum is up by 7%, while Solana has jumped by 8%. Bitcoin Eyes $38K Ever since bitcoin failed to breach $39,000 on Wednesday, as the Federal Reserve said it will increase the interest rates in March, the asset was unable to display any notable gains. In fact, it dropped to $35,500 hours after the Fed meeting and...
Read More »Solana Price Analysis: After SOL Rejected Below $100, This is The Support Level to Watch
Over the weekend, SOL lost the $100 support level, which turned it into resistance. Unsurprisingly, following the negative sentiment, the SOL price dropped today to $80. Key Support levels: $79, $56 Key Resistance level: $100, $130 On Sunday, SOL rejected attempting to break above $100 and, by doing so, confirmed the level as resistance. Earlier today, the price took a nosedive reaching $80 for a short period before a slight recovery. $79-80 support likely be tested again if...
Read More »Solana Price Analysis: SOL Revisits $130, What’s Next?
Key Support levels: $130 Key Resistance level: $155, $170 SOL fell back to the critical support at $130 in the past few days, failing to maintain its rally from last week. Buyers might be interested at current price levels since the last time it visited this key level, bulls came in force and pushed SOL into a relief rally. The resistance currently sits at $155. This level represents the biggest challenge for any possible rally. Chart by TradingViewTechnical Indicators...
Read More »Crypto Price Analysis Jan-7: Ethereum, Binance Coin, Cardano, Solana, and Luna
This week, we take a closer look at Ethereum, Binance Coin, Cardano, Solana, and Luna Ethereum (ETH) Throughout the past seven days, we saw a crash in the crypto market and ETH was no exception, falling over 14.6% in the period. After a brief attempt earlier this week to push towards $4,000, the price quickly turned on Wednesday, breaking below the $3,600 support, which is now a resistance. The downtrend did not fade today and continued with ETH falling under $3,300. At the...
Read More »Crypto Price Analysis Dec-31: Ethereum, Cardano, Ripple, Solana, and Luna
This week, we take a closer look at Ethereum, Cardano, Ripple, Solana, and Luna. Ethereum (ETH) On Tuesday, Ethereum fell below $4,000 (level acting as resistance right now) after it could not sustain its rally from the previous week. The price made a lower low and closed the past seven days in red with an 8% loss. The current price action has formed a large descending wedge (in blue) which is a bullish formation as long as the price can manage to break above it after the...
Read More »Solana Price Analysis: SOL’s Forming a Rising Wedge, Which Could Be Worrying for the Bulls
SOL is heading towards the $200 key resistance level. A successful breakout, and retest as support, might likely lead the Solana native cryptocurrency for another shot for its next major resistance level around the ATH. Key Support levels: $187 Key Resistance level: $200, $205 SOL has found a solid horizontal support line amid the $187 level and is currently eyeing the $200 key resistance level. On the other hand, the SOL price had formed an ascending wedge which is a...
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