Bitcoin Price Weekly Analysis – BTC/USD Eyeing $750?
Bitcoin price surged high further as forecasted in the last weekly analysis of BTC/USD. Now can the pair trade towards the $750 level this upcoming week? Key Points. Bitcoin price gained a lot of traction this past week versus the US Dollar, and traded higher above $700. There is a monster bullish trend line formed on the daily chart (data feed from SimpleFX) of BTC/USD, which acted as a catalyst for an upside move. If the current momentum continues, there is a chance of a move towards $750. Bitcoin Price Upside Surge. In the last week analysis, I mentioned that Bitcoin price is in an....
Related News
The price of Polkadot (DOT) shows strength after bouncing from key support on the weekly chart against Tether (USDT). After Bitcoin (BTC) bounced from its monthly low of $19,000, this signaled a relief for other crypto altcoins including the price of Polkadot. (Data feeds from Binance) Related Reading: SOL Loses $40 After The Exploit – What’s The Next Support? Price Analysis Of Polkadot On The Weekly (1W) Chart From the chart, the price of DOT saw a weekly low of around $6.50, where it has formed support. The price has built more momentum as it faces resistance at $10. A break above....
Bitcoin price traded positively this past week versus the US dollar, and currently the BTC/USD pair is eyeing a major downside move. Key Points. Bitcoin price traded positively this past week against the US Dollar to trade near $780. At the moment, the BTC/USD pair is attempting to break a bullish trend line formed on the 4-hours chart (data feed from SimpleFX). If there is a break and close in BTC/USD, there may be an increase in the downside pressure. Bitcoin Price Trend Line Support. There was a nice upside move in BTC price this past week, as it moved towards the $780 level against the....
The price of LoopRing (LRC) has shown no sign of relief bounce against Tether as it continues to range in its low region. Despite relief bounces shown by other cryptocurrencies across the market, some producing double-digit gains, LoopRing price continued to look dormant. (Data from Binance) Related Reading: ANKR Gained 12% In The Last 24 Hours. What’s Pushing It? LoopRing Price Analysis On The Weekly Chart From the chart, the price of LRC saw its weekly bottom at $0.35; the price of LRC bounced from that region to a price of $0.4 on the weekly chart as the price is unable to show much....
The price of Apecoin (APE) shows strength after bouncing from a weekly low of $3.10 against Tether (USDT). APE price has seen a relief bounce, with Bitcoin (BTC) rallying from a daily low of $19100 to a region of $23,000. (Data feeds from Binance) Related Reading: Are Higher Lows A Sign of a Growing Bitcoin Bull Run? Price Analysis Of APE On The Weekly Chart From the chart, the price of APE saw a weekly low of around $3.10, which has formed support. The price has built more momentum as it faces resistance at $10. With a break above the $10 mark, the price of APE would rally to $12. If the....
Binance Coin (BNB) has shown significant strength in recent weeks against Tether as it has maintained its bullish sentiment. Despite the market retracement, Binance Coin (BNB) has shown great strength but has lost its key support at $300.(Data from Binance) Related Reading: Axie Infinity Unveils Season 0 With High Expectations – Will It Pull AXS Up? Binance Coin (BNB) Price Analysis On The Weekly Chart According to the chart, the price of BNB saw its weekly low at $220; the price of BNB quickly rebounded from that region to a weekly low of $330 as the price is unable to show much strength....