Bitcoin Hints Bullish, But Why It’s Far From Fresh Rally
Bitcoin continues with its crab-like price action as it moves around $45,000, and $50,000. As of press time, BTC’s price trades at $46,854 with 4.2% losses in the last day. Related Reading | TA: Bitcoin Fails Again, Can Bulls Save The Day? Operators seem to expect more profits in the short term as Bitcoin has historically seen gains at the end of every year. However, BTC’s price could remain rangebound for at least early 2022. After December 3rd crash into the lows at current levels, Bitcoin has struggled to maintain stability and has seen an increase in volatility. This could be the....
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Bitcoin has broken through major resistance levels, signaling a resurgence of bullish momentum that could fuel the next phase of its rally. The move comes as technical indicators align in favor of the bulls. With the price now holding firmly above former barriers, market sentiment is shifting, and confidence is building for a sustained push […]
Ethereum traded to a new all-time high above $4,800 before correcting lower against the US Dollar. ETH could start a fresh rally unless there is a break below $4,650. Ethereum started a downside correction below the $4,750 and $4,700 levels. The price is now trading above $4,650 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $4,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if there is no break below $4,650. Ethereum Price Eyes Fresh Increase Ethereum extended rally above the....
Crypto analyst Javon Marks has revealed that Shiba Inu has completed a bullish setup and that a rally of around 138% may be on the horizon. Fundamentals such as the new SEC rule also provide a bullish outlook for the foremost meme coin. Shiba Inu’s Bullish Setup Hints At 138% Rally In an X post, Marks said that Shiba Inu’s setup is still hinting at a rally of over 138%, which would send the SHIB price back to around $0.000032. He added that it is only a matter of time for this move to materialize as a bull signal holds confirmed, hinting at this move for the top meme coin. Related....
Ethereum found support near $2,150 and started a fresh increase against the US Dollar. ETH price is showing positive signs and it could soon rally above $2,500. Ethereum formed a support base above $2,150 and recently started a fresh increase. The price is now trading well above $2,400 and the 100 hourly simple moving average. […]
Ethereum price is moving higher above the $3,120 resistance zone. ETH could start a fresh rally if it clears the $3,280 resistance zone. Ethereum is recovering higher and approaching the $3,280 resistance zone. The price is trading above $3,100 and the 100-hourly Simple Moving Average. There was a break above two connecting bearish trend lines with resistance at $3,070 and $3,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it closes above the $3,250 zone. Ethereum Price Regains Strength Ethereum price formed a base above the $2,850 level....