
Bitcoin Nears Bullish Breakout, But Volume Has Yet To Come
Bitcoin has very few resistance levels left to clear before a new bull run is on, and the leading cryptocurrency by market cap returns to price discovery mode in search of its next all-time high. And while that break out into a bull market draws nearer with each passing day, so far, there’s no volume […]
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SUI is making another attempt to break past the crucial $2.82 resistance, a level that has repeatedly challenged bullish momentum. After a steady climb, the price now stands at a decisive point—will buyers have enough strength to push through, or will sellers step in to defend this barrier once again? Recent price action suggests that positive sentiment is gaining traction, with increasing trading volumes and strong support levels forming beneath. However, past attempts to breach $2.82 have resulted in pullbacks, making this level a significant test for the market. A confirmed breakout....
Crypto analyst TradingShot has predicted that the Dogecoin price could soon record a bullish breakout. The analyst also revealed that the foremost meme coin could make a new all-time high (ATH) as it targets a rally past the current ATH of $0.73. Dogecoin Price Eyes Bullish Breakout To New ATH In a TradingView post, TradingShot […]
BTC price at press time: US$249.45. Last week’s price alert began with: “Thus far things seem different. The one thing that continues to make me weary is the lack of volume. If we are going to have a truly sustainable advance, volume needs to pick up and price needs to burst through big resistance at the 200-day Moving Average at ~US$258. As long as price remains above the 50-day, a neutral to bullish stance should be taken.” The price reached a high of ~US$252 and has now come down to ~US$249 and thus far the price has been consolidating above these two moving averages, which it has been....
Here's a look at what we are focusing on in the bitcoin price this evening. So the markets have now drawn to a close out of Europe, and it’s time to take our second look of the day at the bitcoin price. In this morning’s analysis, we focused on action over the last few days, and noted that the bullish run in price may be sustainable, and that we should see an influx of volume into the markets today on the back of the return to business in the US. We also made a side note of pointing out that the next three months are generally some of the busiest in the traditional financial asset markets,....
Solana (SOL) is once again testing a critical barrier at $205 after surging nearly 8% in the past 24 hours to $203.5. The move has triggered a renewed optimism among traders who see the ascending triangle pattern forming on the charts as a potential launchpad for a breakout toward $255. Related Reading: Analyst Says XRP Price Is Set To Hit $4 If It Breaks This Resistance Line According to analyst Lark Davis, Solana has been rejected three times at the $205 mark, but higher lows and sustained buying pressure suggest that momentum is building. “If volume continues to rise into this test, the....