Bitcoin Price Eyes $70K Comeback: Will Bulls Push It Higher?
Bitcoin price is correcting losses from the $67,500 zone. BTC is recovering and might soon aim for a move above the $70,000 resistance zone. Bitcoin started a fresh decline from the $72,500 zone. The price is trading below $70,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $68,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish pace if it settles above the $70,000 resistance zone. Bitcoin Price Aims Recovery Bitcoin price failed to trade to a new all-time and started a....
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Bitcoin price found support at a broken resistance level but indicators suggest that sellers still have a chance. The 100 SMA is above the longer-term 200 SMA so the path of least resistance is to the upside and the rally could carry on up to $470 or higher. In addition, the 200 SMA held as dynamic support in the past so it might continue to keep losses in check from here. However, stochastic is indicating overbought conditions and is turning lower so bitcoin price could follow suit. This could take price down to the near-term support at $450 once more or until $440. Stronger selling....
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’s price action as of late has been quite turbulent, as it has been closely tracking that of Bitcoin, but amplifying but the gains and losses seen by the benchmark crypto Today has been relatively quiet for ETH, as its price is consolidating following its recent rally This push higher came about shortly after it saw a capitulatory decline down towards $318, and bulls were able to push it as high as $355 This is […]
LINK rallies with high volume as the price breaks above its range channel of $8 after a while as bulls eyes $12. LINK’s price continues to trend higher with strong volume as the market looks promising for many altcoins. LINK’s price remains strong on the daily timeframes as the price trades above the 50 Exponential Moving Average (EMA). of over 180 days old as the price eyes a major rally after having a tough time breaking this region with good volume. The crypto market has enjoyed a bit of relief across all assets, with Bitcoin (BTC) showing great traction, rallying and....
Bitcoin’s recent underperformance against altcoins came to a swift end today, with bulls allowing the crypto to rocket higher while bears struggle to slow its ascent The cryptocurrency is now in the process of erasing much of its recent losses, with bulls targeting further upside This rally has taken the wind out of many altcoins’ […]