TA: Bitcoin Correcting Gains, But Key Uptrend Support Is Nearby

Bitcoin price broke to the upside and traded close to $19,500 against the US Dollar. BTC is currently correcting gains, but the previous resistance near $18,800 could provide support. Bitcoin traded above the $18,700 and $18,800 resistance levels before correcting lower. The price traded close to the $19,500 level and settled above the 100 hourly […]

Uniswap’s UNI climbed over 10% and it even spiked above $20.00 against the US Dollar. A new all-time high is formed near $20.78 and the price is currently correcting lower. UNI gained pace above the $18.00 and $18.80 resistance levels against the US dollar. The price is currently correcting gains from well above $20.00, but […]

Chainlink (LINK) rallied towards the $26.00 level before correcting lower, similar to bitcoin and Ethereum. The price is now approaching a major support zone at $21.50. Chainlink token price gained pace after it broke $22.00 and it traded towards $26.00 against the US dollar. The price is correcting gains from $25.89 and it is well […]

Bitcoin price is correcting gains from well above $35,000 against the US Dollar. BTC is likely to find a strong support near the $34,000 zone in the near term. Bitcoin started a downside correction from the $36,000 zone. The price is now approaching the $34,000 support and the 100 hourly simple moving average. There was […]

Bitcoin price is pulling back from its recent breakout but the nearby inflection points could hold as support. Bitcoin Price Key Highlights. Bitcoin price recently made an upside break from its bullish continuation pattern, signaling that buyers are ready for more gains. Price seems to be pulling back to the broken short-term resistance before regaining momentum. There are plenty of support levels located nearby and these might be enough to keep the uptrend intact. Technical Indicators Signals. The 100 SMA is above the longer-term 200 SMA so the path of least resistance is to the upside....