BNB Rejection At Key Level Hints At A Potential Price Correction
BNB has faced a significant rejection at a critical resistance level, raising concerns among traders about a potential price correction. After an impressive rally, the momentum has faltered, leaving the cryptocurrency at a crossroads. This key level has proven to be a formidable barrier, indicating that selling pressure may be increasing as bears step in. However, the big question is whether this rejection marks the beginning of a downward correction or if the bulls can muster enough strength to regain their footing and continue pushing higher. As the market navigates this pivotal moment,....
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Bitcoin price recently corrected once against the US Dollar, but it looks like the BTC/USD pair may correct further towards the $680 level. Key Points. Bitcoin price after trading as high as $758 started correcting lower against the US Dollar. Recently, there was a break below a bullish trend line formed on the 4-hours chart (data feed from SimpleFX) of BTC/USD. The price is also below the 100 simple moving average, calling for further correction waves. Bitcoin Price Resistance. BTC price gained recently to trade as high as $758 against the US Dollar where it found sellers and moved down.....
Bitcoin value per coin has entered yet another correction as the market shows hesitation to push the price higher. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Bitcoin Value and Price Analysis. Time of analysis: 15h30 UTC. Bitfinex 15-Minute Chart. During the past three days, we have been highlighting the upside resistance in the Bitcoin price chart - shown here in the Bitfinex chart. The level slopes downward through $220 and is acting as a supply level with sellers jumping in as soon as price touches the level. Price can be seen making a....
Bitcoin price corrected gained from the $66,000 resistance level. BTC dipped below $64,000 and might extend losses in the short term. Bitcoin started a fresh downside correction from the $66,000 resistance zone. The price is trading below $64,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $64,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bearish momentum if it dives below the $62,500 support zone. Bitcoin Price Dips Again, Can Bulls Defend More Losses? Bitcoin price failed to extend....
Bitcoin price started an upside correction from the $26,550 zone. BTC is rising and facing a strong resistance near the $27,300 and $27,500 levels. Bitcoin managed to recover above the $27,000 resistance zone. The price is trading above $27,000 and the 100 hourly Simple moving average. There was a break above a major bearish trend line with resistance near $27,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is showing signs of a recovery, but it could struggle near $27,300 and $27,500. Bitcoin Price Attempts Fresh Recovery Bitcoin price found support near the....
Prominent altcoin Solana was one of the major headliners recently, notching an 8.22% gain in the last seven days, according to data from CoinMarketCap. This positive performance saw Solana climb as high as $150, a price mark last seen in late August. The sentiments around the fifth-largest cryptocurrency are largely bullish, however crypto analyst Ali Martinez has released certain cautionary notes for investors. Related Reading: Solana Liquid Staking Could Touch $18 Billion – Will It Benefit These Altcoins? Solana’s Price Breakout Crucial To Avoid Slip To $85 In an X post on Sunday, Ali....