Bitcoin Price Surges Above $64,000 — Here’s The Resistance Level To Watch
The Bitcoin price performance has been uninspiring in the past week, mirroring the broader cryptocurrency market climate. However, the premier cryptocurrency seems to be ending the week on a high note following an unexpected Friday rally. The price of BTC appears to have received a breath of fresh air following Federal Reserve Chairman Jerome Powell’s Jackson Hole speech, finding its way above the $64,000 mark — again — with an almost 7% surge. The question now is — how far can the Bitcoin price climb? Here’s Why $66,250 Is A Crucial Level For BTC Prominent crypto analyst Ali....
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The Solana price was one of the few highlights in a generally choppy crypto market over the past week. While most large-cap assets were stuck in a consolidation range in the last seven-day period, the SOL token enjoyed a good amount of upward bullish momentum. The price of SOL kicked off the weekend with a strong rally toward the $140 level, albeit facing some degree of resistance around this level. However, the latest on-chain data suggests that the Solana price might have become wedged between two crucial levels. Is SOL Price Gearing For A Breakout Or Breakdown? In a recent post on the X....
Ethereum price is up over 10% and surpassed the $2,000 resistance. ETH is outperforming Bitcoin and might rise further toward the $2,200 resistance. Ethereum rallied above the $2,000 and $2,050 levels. The price is trading above $2,050 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support near $2,115 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move higher toward the $2,200 resistance in the near term. Ethereum Price Regains Strength In the past 2-3 analyses, we discussed high chances of Ethereum surging....
Ethereum price started a fresh increase and climbed above $4,500. ETH is now consolidating and might aim for more gains if it clears $4,550. Ethereum is now eyeing an upside break above the $4,550 zone. The price is trading above $4,500 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $4,470 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above $4,550 and $4,580. Ethereum Price Eyes More Gains Ethereum price started a recovery wave after it formed a base above the $4,320 zone, like....
Here's what we are going to watch for tonight's session in the bitcoin price. Before we get started on this evening’s analysis, there are two things worth pointing out from this morning’s publication. The first, that we remain well within the range we slated, which likely means that we’ve seen the end of last’s night’s decline, at least temporarily. Second, that we did get a brief correction, and we managed to pick out the reversal point almost to the cent. Bragging rights aside, why is this important? Well, it validates our upside key level (i.e. resistance) and suggests there’s probably....
Chainlink (LINK) is up 25% and it broke many hurdles near $14.00, similar to bitcoin and ethereum. The price is now approaching a major resistance near the $16.00 level. Chainlink token price is gaining bullish momentum above $14.00 against the US dollar. The price is now trading above the $15.00 level and the 100 simple […]