Bitcoin price corrects after hitting a wall at a multi-month descending trend...

Bitcoin price corrects after hitting a wall at a multi-month descending trend...

“Up only” Bitcoin and Ethereum take a breather after encountering resistance at a stiff multi-month descending trendline. On Aug. 15, Bitcoin (BTC) price and the wider market corrected while the S&P 500 and DOW looked to build on four-straight weeks of robust gains. Data from TradingView and CNBC show the Dow pushing through its 200-day moving average, a first since April 21 and perhaps a sign for bulls that the market has bottomed. Dow Jones Industrial Average Index (DJI). Source: TradingViewWhile equities markets have been strikingly bullish in the face of high inflation and a steady....


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THORChain quietly outperforms crypto market in Q1 — Can RUNE price break $10...

THORChain reveals plans to launch Terra's UST-like native stablecoin and "Thorfi." THORChain (RUNE) could continue its upward momentum in the coming weeks even as it treads inside a classic bearish reversal structure.RUNE's price has rebounded strongly by over 165% four weeks after testing its multi-month horizontal level support near $3.15. What's more, its upside retracement has opened up possibilities about an extended bull run toward $11.50, about 45% above the current price level near $7.89, as shown in the chart below.RUNE/USD weekly price chart featuring descending triangle setup.....

TA: Ethereum Corrects $200: Why ETH Remains Attractive Near 100 SMA

Ethereum traded to a new yearly high at $1,280 before correcting lower against the US Dollar. ETH price declined over $200, but the bulls were active near the 100 hourly simple moving average. Ethereum gained pace above $1,200 and it traded to a new multi-month high near $1,280. The price is correcting gains, but it […]

Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Month Lows to Start ...

On Monday, bitcoin fell to its lowest level since June, as sentiment in cryptocurrency markets remains bearish. The token has fallen lower in consecutive sessions following last week’s U.S. inflation report, and the fall comes ahead of the upcoming U.S. Federal Open Market Committee meeting. Ethereum was also down, hitting a multi-month low of its own. Bitcoin Bitcoin (BTC) fell to a four-month low to start the week, as bearish sentiment remains high in crypto markets. BTC/USD slipped to an intraday low of $18,390.32 earlier in the day, which comes following a breakout of a floor at....

Biggest Movers: DOGE Races to 3-Month High, XMR Hits Strongest Price Since June

Dogecoin moved to a three-month high on Tuesday, as prices of the token were up by over 15%. Today’s move comes despite crypto markets mainly falling, with the global market cap 0.21% lower as of writing. Monero was also up, hitting a multi-month high in the process. Dogecoin (DOGE) Less than 24 hours after shiba inu neared a fresh three-month high, its fellow meme coin dogecoin (DOGE), also hit a twelve-week peak. The token surged to an intraday peak of $0.08848 in today’s session, which comes after yesterday’s low of $0.07571. This....

Road To $1? Analyst Forecasts 1,500% Price Rally For Dogecoin

Recently, the price of Dogecoin (DOGE), the largest meme coin by market cap, has struggled alongside the general cryptocurrency market. However, the latest price action displays an exciting and positive outlook for the cryptocurrency. Renowned crypto analyst Ali Martinez recently shared a fresh insight on Dogecoin, speculating on a forthcoming price rally for the meme token. The Dogecoin Descending Triangle Formation Ali Martinez – via a post on the X (formerly Twitter) platform – put forward a $1 price target for Dogecoin. This price projection revolves around the multi-year....