Analysis Archives

Technical Analysis Puts XRP Price Above $5 In Next 3 Days

December 8, 2024 boss

Este artículo también está disponible en español. The XRP price is consolidating after a crazy 460% surge within four weeks that saw it breaking above $2.8 on December 3 for the first time since 2018. This consolidation saw the XRP price dropping to $2.22 on December 5 as many investors took some profits after the rally. Related Reading Interestingly, on-chain data shows that XRP whales have taken advantage of this dip to stock up their holdings to essentially prevent further price declines. With this in mind, technical analysis of the…

Bitcoin Technical Analysis: BTC Faces Towering $100K Sell Wall, Market Awaits Next Move

December 5, 2024 boss

Bitcoin, trading at $98,772, is riding a bullish wave, but traders should stay sharp as critical resistance looms near $100,000. The market’s behavior hints at a mix of sideways moves and the potential for exciting breakouts. Bitcoin On the 1-hour chart, bitcoin recently climbed to a local peak of $99,250 before pulling back. The retreat, […] Original

Bitcoin Technical Analysis: Bears Begin to Claw, Pulling Price to Key Levels

December 2, 2024 boss

Bitcoin’s price of $96,125 to $96,557 over the last hour reflects a consolidating market with mixed signals from various timeframes, suggesting a cautious approach for traders and investors. Bitcoin On the 1-hour chart, bitcoin shows a sharp drop from $98,200 to $94,712, followed by a moderate recovery. A spike in sell volume during the decline […] Original

Bitcoin Technical Analysis: BTC’s Price Trends Show Consolidation at Key Levels

December 1, 2024 boss

Bitcoin’s price on December 1, 2024, hovers around $97,124, reflecting a consolidation phase as the cryptocurrency market evaluates its next directional move. Bitcoin The 1-hour chart reveals bitcoin (BTC) recently rebounded after touching a low of $95,758. It is now trading within a narrow range of $97,000 to $97,500. Current chart patterns show indecision, and […] Original

Bitcoin Technical Analysis: BTC Eyes 6-Digit Range Despite Resistance

November 29, 2024 boss

In the last hour, bitcoin’s price is coasting along between $97,865 to $98,580 on Nov. 29, 2024, after a bullish rally that pushed the market cap to $1.95 trillion. The cryptocurrency’s technical indicators suggest a strong upward momentum across multiple timeframes, though significant resistance looms near the $100,000 mark. Bitcoin Bitcoin’s (BTC) 1-hour chart reveals […] Original

Bitcoin Technical Analysis: BTC Posts the Largest Bearish Daily Candle in Months

November 26, 2024 boss

Bitcoin’s price movements on Nov. 26, 2024, paint a clear picture of bearish momentum in the short- and mid-term, with a pivotal support zone at $92,000 under close scrutiny. Bitcoin On the 1-hour chart, bitcoin‘s descent is evident, marked by a consistent pattern of lower highs and lows. A bold red candlestick sliced through the […] Original

Bitcoin Technical Analysis: Oscillators Indicate Neutral Momentum

November 25, 2024 boss

As of Nov. 25, 2024, the price of bitcoin (BTC) has traded between $97,076 and $97,547 within the past hour, displaying a strong bullish trajectory across multiple timeframes. Technical indicators suggest a mixture of neutral momentum and buy signals, highlighting the potential for further growth while signaling areas of caution. Bitcoin Bitcoin‘s 1-hour chart reflects […] Original

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

November 24, 2024 boss

Bitcoin’s price correction across multiple timeframes reveals short-term bearish pressure while maintaining a bullish outlook in the long term. Bitcoin Bitcoin’s (BTC) recent price action highlights a bearish correction across short-term timeframes, while the broader trend remains bullish, with key levels dictating potential opportunities for traders. The hourly chart reveals a short-term bearish trend for […] Original

Bitcoin Technical Analysis: BTC Flirts With $100K as Market Awaits Directional Clarity

November 22, 2024 boss

Bitcoin is treading a fine line near the coveted $100,000, keeping traders on edge as the market teeters between a breakout or a correction. Bitcoin Currently priced at $98,500 to $98,750 over the last hour, bitcoin (BTC) is navigating a complex market terrain defined by psychological resistance at $100,000 and a well-established support zone below. […] Original

Bitcoin Technical Analysis: Candlestick Patterns and Volume Trends Hint at Bitcoin’s Next Move

November 18, 2024 boss

Bitcoin (BTC) is holding firm at $90,466 to $90,738 over the last hour, taking a breather after its recent climb to the $93,483 all-time high. Traders are closely eyeing pivotal support and resistance levels as the market readies for its next big move. Bitcoin On the daily chart, bitcoin’s rally from $64,802 to $93,483 has […] Original