Bitcoin May Need to Shed $2,000 and Tap Liquidity Region Before Rallying Higher
Bitcoin has been caught in the throes of an immense bull market over the past few days and weeks This has allowed its price to multiple over the past few months, racing from summer/fall lows of $8,600 to highs of $23,700 that were set yesterday morning The strength seen by the cryptocurrency comes as its macro-outlook brightens, with institutions and large banks warming to the technology Furthermore, there are already some signs of an imminent […]
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ATOM’s price shows strength as it bounces from a downtrend range price rallied to a high of $14 with eyes set on $17. ATOM could rally more as the price creates more bullish bias by breaking out of a downtrend descending triangle with eyes set on rallying higher. ATOM’s price remains strong on the daily timeframe above the 50 Exponential Moving Average (EMA) as the price aims for more rallies. The price action displayed by Cosmos (ATOM) has been tremendous as the price resisted the bears rallying from a region of $12.7 to a high of $14, reclaiming a vital support area it has....
QNT price holds strong above 50 and 200 EMA on a higher timeframe. QNT rallies as price eyes $160 despite the crypto experiencing a bloodbath across the market. The price faces resistance at $144 in the weekly timeframe. Quant (QNT) price has recently shown bullish strength against tether (USDT) as price trends higher above expectations. The price of Quant (QNT) has shown its strength despite Bitcoin (BTC) pulling most altcoins down after a rally from $19,000 to a region of $20,400, with the price rejected instantly from that region. (Data from Binance) Related Reading: TA: Ethereum....
Bitcoin has been rallying higher once again after days of consolidation. The cryptocurrency currently trades for $16,100, though traded as high as $16,500 hours ago. A leading analyst says that Bitcoin is trading in the midst of a textbook Elliot Wave pattern that will likely end with BTC peaking at $18,200 in the coming days, then correct toward $15,000. Bitcoin Could See One Last Leg Higher Bitcoin has been rallying higher once again after days […]
Bitcoin has simply been ranging throughout the past few days, with bulls building a strong base of support within the lower-$13,000 region as bears struggle to gain any momentum This support could help catapult it higher in the near-term, but the slight rejection seen at $13,600 yesterday does indicate that downside could be imminent There is one technical indicator that suggests some downside could be right around the corner One analyst spoke about this in […]
KLAY’s price shows strength as the price holds strong above the key support zone to avoid price retesting lower point on the daily chart. KLAY rejected to trend higher above $0.3 as the price faced a sharp rejection to a region of key Support of $0.2. The price of KLAY continues to hold strong above the 50 Exponential Moving Average (EMA) as the price aims to rally toward $0.4. Klaytn (KLAY) has maintained its strong price trend as it approaches the $0.3 region, where it was previously rejected. With few exceptions, the crypto market has seen little volatility in recent weeks, with....