Bitcoin price hits $60K after bulls push through a key resistance cluster
Bitcoin price finally pushed through a tough resistance cluster to secure a new all-time high at $60,000. Bitcoin (BTC) hit $60,000 for the first time on March 13 as the long-awaited continuation of the BTC price bull run got underway.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewBTC records another landmark price levelData from Cointelegraph Markets and Tradingview tracked BTC/USD as the pair finally crossed the historic level after several weeks of mild corrections and periods of consolidation.Bulls had spent a considerable time in limbo as Bitcoin tested prior all-time....
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Bitcoin price rallied to $11,491 after bulls managed to flip the $11K level from resistance to support. On Friday Bitcoin (BTC) price finally managed to break above the symmetrical triangle where the price had been compressing for the last 30 days. After holding the $11,000 level into the daily close, the price rallied to $11,448 on multiple high volume surges. Cryptocurrency daily market performance snapshot. Source: Coin360On Oct. 8 Cointelegraph contributor Micheal van de Poppe explained that in his view:“If the price of Bitcoin breaks through the $11,100-$11,300 resistance zone,....
AAVE shows that the price is steadily rising as the coin’s bullish streak makes noise in the market. AAVE price is raging bullish today with its steady climb to $109 resistance level The coin faces hurdle at $113.50 AAVE/USD pair support is spotted at $97.91 The AAVE/USD price saw a boost of 12.02% compared to the figures yesterday as the market spikes to $109.99 from yesterday’s $105. Related Reading: Cosmos Hub Soars Over 5% Within 24 Hours – ATOM Up 13% In Last Week AAVE Resistance Spotted At $113.50 According to CoinMarketCap, AAVE has plunged by 0.18% as it trades at $109.87 as of....
Solana (SOL) bulls are determined to push the price of the coin higher and breach the $44 level. Solana price has shown strong bullish movement; support found at $40. Coin has peaked by more than 70% in comparison to its lowest level in 2021. The daily chart’s ascending triangle pattern hits massive gains in the coming days. Solana is trying to make that great comeback again after it has tried and failed twice to breach the $44 level. Related Reading: Cardano Tests $0.51 Support – Can ADA Reach Safe Zone And Hit $0.67? SOL Currently Stuck At $43 According to CoinMarketCap, Solana has....
Ethereum price popped above a major resistance area of $11.80. Now, can it provide support and push ETH higher versus the USD? Ethereum price kept struggling near the $11.80 resistance area, as highlighted in yesterday’s post. However, the ETH bulls finally managed to take the price above the stated level, and there was an hourly close above it. Now, the price is moving down, and the same resistance area is currently acting as a support and helping the bulls to regain ground. There is an ascending channel pattern formed on the hourly chart (data feed via Kraken) of ETH/USD, which may play....
Litecoin is starting the week with a confirmation of a price bottom in the near-short-term. The 1H chart shows a consolidation last week between roughly 1.60 and 1.70. At the end of the week, ltcusd rallied above the range resistance and spiked up to 1.73 before stalling. Litecoin (LTCUSD) 1H Chart April 6. The bulls in this market is holding at the gate at the moment. But as we can see it did not retreat far and held mostly above 1.68. This essentially shows respect to last week's broken range as support and thus signals a bullish outlook in this time-frame. Also note that price crossed....