TA: Bitcoin Holds Strong, Why 100 SMA Could Trigger Solid Gains Above $14K

Bitcoin price is correcting gains from well above $35,000 against the US Dollar. BTC is likely to find a strong support near the $34,000 zone in the near term. Bitcoin started a downside correction from the $36,000 zone. The price is now approaching the $34,000 support and the 100 hourly simple moving average. There was […]

Bitcoin gained bullish momentum and rallied above the $11,000 resistance against the US Dollar. BTC is consolidating gains above $11,200 and it could extend its rise to $12,000. Bitcoin started a strong increase after it cleared the $10,950 and $11,000 resistance levels. The price is now trading well above $11,200 and the 100 simple moving […]

Ethereum has undergone a strong rally over the past 48 hours as the crypto market has bounced back from the weekly lows. The price of ETH currently is $473, up 5% in the past 24 hours alone. Analysts expect further gains as the asset looks poised to close a daily candle above $482, which should trigger a move above $500. Ethereum Set to Explode Past $500, Analysts Say Ethereum has undergone a strong rally over […]

Ethereum price slowly and steadily moved higher this past week, and if it breaks 100 SMA (H4 chart), then more gains are likely. Key Highlights. Ethereum price traded with a positive tone this past week versus the US Dollar, and moved above the $14.00 resistance area. There is a bullish trend line formed on the 4-hours chart (data feed via Kraken) of ETH/USD, which is acting as a support area. The price is currently trading below the 100 simple moving average (H4), which holds the key for the next break in ETH. Ethereum Price Rise. Ethereum price ETH managed to gain bids this past week and....

Solana (SOL) is showing resilience as it holds firmly above critical demand levels, signaling the potential for an upcoming rally. Despite broader market indecision, with Bitcoin (BTC) struggling to regain upward momentum, Solana’s price action suggests strength in the face of uncertainty. Investors are closely monitoring SOL’s ability to maintain its current levels, as a breakout could set the stage for substantial gains. Related Reading: Cardano Holds Crucial Support At $0.77 – Massive Rally Ahead? Top analyst Ali Martinez recently provided technical insights highlighting Solana’s most....