Bitcoin Price Cools Off — Range Forms Around $70K Support
Bitcoin price started a sharp decline from well above $73,000. BTC is now consolidating and might aim for a fresh increase if it clears $72,400. Bitcoin started a sharp decline below $72,000 and $71,500. The price is trading below $72,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $71,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to rise if it clears the $71,500 and $72,400 levels. Bitcoin Price Starts Consolidation Bitcoin price started a sharp decline from well above $73,000. BTC....
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Data shows this narrow Bitcoin price range hosts a few key BTC lines, something that could make the range an important support cluster. $94,000 To $97,900 Range Contains Different Bitcoin Price Models In a new post on X, CryptoQuant author Axel Adler Jr has talked about where the nearest support cluster lies for Bitcoin. The […]
UNI price creates more bullish sentiment as price forms rounded bottom below key resistance as price aims to break above. UNI closes the week with two bullish candlesticks. The price of UNI breaks and holds above 8 and 20 EMA. Uniswap token (UNI) has had a rough start to the year and has failed to hold key support as the price of Uniswap token (UNI) had a spiral from a high of $45 to the current price of $6.5 as price aims to break out from its long downtrend movement. The price of UNI has struggled to keep up with Bitcoin’s (BTC) range movement as this has affected most altcoins,....
Dogecoin investors will remember September 2014 fondly because the month brought a 300% increase to the Dogecoin price. However, September has ended and unfortunately so has Dogecoin's consistent price upswing. In the past week, the Dogecoin price fell more than 25%. CCN analyzes this altcoin price movement as well as Dogecoin's overall coin health to help investors make informed trading decisions. Also read: Massive Dogecoin Price Increase Carries Shibes to 5th-Place Market Cap. Dogecoin Price Cools Off. Throughout September, the Dogecoin price rose dramatically as investors poured....
Ethereum failed to clear the $1,850 resistance and corrected lower against the US Dollar. ETH price is still holding the key $1,710 support and it seems to be trading in a range. Ethereum is moving in a range below the $1,850 resistance and above the $1,710 support. The price is now above the $1,710 support, […]
This week we saw volatility that was a lot, even for the relatively unstable Bitcoin market. The week started at a low of $230, spiking all the way up to the $260 range that totals to a nearly 13% increase in price. Like many people expected, however, the price quickly fell back down and is currently hovering at just above $240, coinciding with the prediction I made in last week’s Market Wrap-Up. Despite all the turbulence in price Bitcoin has received this week, Bitcoin still ends the week with approximately 4.5% net gain.