Avalanche Price Can Gain Further Momentum If The Bulls Barrel Past $19
Avalanche price has shown bullish strength over the last 24 hours. It has been one of the few altcoins that have remained positive despite most altcoins losing value over the past day. In the past day alone, the altcoin has appreciated by close to 4%. In the last week, AVAX rallied over 16%. It is important that Avalanche continues to race upward for positive price action to remain in the market. The technical outlook for the coin showed that bulls were in complete control of the asset. Demand for the coin jumped north and buying strength kept registering northbound movement on the chart.....
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Bitcoin price seems to be in the control of the bulls as the crypto has rallied. Over the last 24 hours, BTC gained more than 7% on its chart. In the last week, the crypto’s gain has been more than 8%. This has put Bitcoin in a bullish position as it has managed to cross the $20,000 price mark. The buyers are back on the one-day chart as the demand for the coin noted a considerable increase. The bulls might be eyeing the next major resistance mark of $22,000, but there are two other important price levels that the coin has to zoom past. If the buyers once again exit the market, a....
Avalanche price has depicted positive movement over the last 24 hours. Over the past 24 hours, the coin has appreciated by 3%. In the last week, AVAX shot up in double digits, which helped the coin break its sideways trading. The bulls now have control of the coin, but the altcoin is expected to break past a few trading levels to ensure that the bullish momentum continues on the chart. The technical outlook was also on the side of the bulls because Avalanche had gained buyers ever since it started to move up on its chart. The demand for the altcoin has also helped AVAX to slowly climb....
Ethereum price is currently trading below a major resistance trend line. Can ETH/USD bulls break it and take the price higher. Ethereum price mostly traded in a range of $-10-12 this past week, as there was no major news event. However, the best thing, which may favor the bulls is the fact that the price closed the week above the 100 simple moving average (4-hours). There was a dip this past week towards $10.00, but bears failed to gain momentum and break the stated level. On the upside, the price struggled on a couple of occasions around the $12.00 level, as there is a bearish trend line....
Avalanche price action has remained bearish on the chart at the time of writing. AVAX has maintained the price above its support line of $22. Right after the coin surged and revisited the $24 mark, it started to retrace on its chart. This is a price correction as Avalanche price showed appreciation over the last two weeks. At the moment Avalanche is witnessing a profit booking which has caused buying strength to fade away over the last few days. Incase Avalanche price manages to push above the $25 price zone, the bullish force might gain strength. Buyers can again find their way back to....
Bitcoin’s price action has grown stagnant over the past few days and weeks, with the cryptocurrency struggling to gain momentum as bulls and bears battle for control of its near-term trend. Last week, the benchmark digital asset incurred some serious momentum after news broke regarding Square’s acquisition of $50 million worth of BTC. This news […]