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Showing posts with the label daily chart

Bitcoin, Ethereum Technical Analysis: BTC Slips, Following Move Above $21,000

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Bitcoin fell marginally lower on Thursday, as traders moved to secure gains following yesterday&#x2019 ;s price surge . The token rallied to a multi -week high above $21,000 late on hump-day, with bulls somewhat retreating today. Ethereum was also down from Wednesday’s five -week high . Bitcoin Bitcoin (BTC) bulls moved to secure Wednesday’s gains during today’s session, as the token fell from a peak above $21,000. Yesterday saw the world’s largest cryptocurrency rally to a peak of $21,022. However, it moved to a bottom of $20,430.65 earlier today. This drop in BTC/USD comes as previous bulls opted to liquidate their gains, and abandon positions, following a move to a five -week high . BTC/USD – Daily Chart As can be seen from the chart, the drop also came as the 14-day relative strength index (RSI) collided with a resistance level . Price strength rose to its highest level since March, however the index was unable to move past its ceiling of 6...

Ethereum Price Prediction for Today, October 25: ETH/USD Resumes Uptrend as Price Touches $1,402 High

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The Ethereum price prediction reveals that ETH is at the moment keeping its upward movement by heading toward the upper boundary of the channel. Ethereum Price Statistics Data: Ethereum price now – $1,393.90 Ethereum market cap – $173 billion Ethereum circulating supply – 122.3 million Ethereum total supply – 122.3 million Ethereum Coinmarketcap ranking – #2 ETH/USD Market Key Levels: Resistance levels: $1700, $1800, $1900 Support levels: $1200, $1100, $1000 ETH/USD is now heading toward the upside as the coin trades above the 9-day and 21-day moving averages. The daily chart reveals that the coin pushes above the moving averages today from the opening price of $1343 level to reach the daily high at $1402 before coming back to where it is currently trading at $1393. Ethereum Price Prediction: Ethereum (ETH) May Create a New Trend As revealed by the daily chart , the Ethereum price is moving towards the upside as the coin moves to cross above ...

XRP Price Prediction – Is XRP Going to Go Up?

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XRP, the token used for cross-border money remittance, appears to be at the tail end of a retracement from its October peak at $0.5488. A substantial demand area sits at $0.4200, where the XRP price is expected to start a new rally. This is a minor dip from XRP’s current price , $0.4455, but investors should not fret because such a move could allow for liquidity collection ahead of a rebound to $1. XRP Price Ready to Push Forward The region between $0.4000 and $0.4400 represents the most robust demand area, helping XRP price to stay afloat. This support has been respected since September 28, when the token pulled back from its monthly top at $0.5606. A descending trend line currently limits XRP price movement to the upside, leaving buyers with no option but to consider new entries downstream. In other words, immense liquidity awaits the international money remittance token within the rectangle pattern highlighted on its daily chart .  XRP/USD price chart |...

Holo Price Prediction Today, October 21, 2022: HOT/USD Falls to a Strong Support

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Join Our Telegram channel to stay up to date on breaking news coverage While most cryptocurrencies are bearish, Holo as well has joined the league of such crypto. Signs coming from technical indicators are telling of the likelihood this crypto&rsquo ;s price testing a Fibonacci 100 retracement level. HOLO Forecast Statistics Data: HOT’s current price : is $0.001902 HOT’s market cap: $332.85 million Holo circulating supply:  173.34 billion HOT’s total supply : 177 billion Holo Coinmarketcap ranking: #98 Important Price Levels: Top Level: $0.001922, $0.001952, $0.001972 Base Levels: $0.001902, $0.001880, $0.001860 Holo Price Prediction Today, October 22, 2022: HOT/USD May Bounce Upwards Since mid-September HOT/USDT lacked significant strength, as price action becomes less volatile. The last candle on this daily chart is a bearish hammer, and it has perched on the floor of the Bollinger band. Furthermore, by the rule of the Bollinger, an upside bo...

Maker Price Prediction for Today, October 21: MKR/USD Drops Below $230 as Price Resumes Downtrend

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As the daily chart shows, the Maker price prediction keeps dropping below the moving averages following the current bearish action in the market. Maker Prediction Statistics Data: Maker price now – $1028 Maker market cap – $1 million Maker circulating supply – 977.6 thousand Maker total supply – 977.6 thousand Maker Coinmarketcap ranking – #49 MKR/USD Market Key Levels: Resistance levels: $1400, $1500, $1600 Support levels: $800, $700, $600 The daily chart shows that MKR/USD is now recording some losses after trading above the resistance level of $1100 in the past few days. The Maker price continues to follow the bearish trend as the crypto moves to cross below the 9-day and 21-day moving averages. Maker Price Prediction: Maker (MKR) Ready to Break More Downs The Maker price is likely to break more downtrends if the coin fails to recover above the current trading level. Therefore, the more it falls, the more the traders may see the crypto f...

Bitcoin Price Prediction for Today, October 17: BTC/USD Retraces Below $19,500

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The Bitcoin (BTC) price prediction indicates bearish momentum as the coin remains below the 9-day and 21-day moving averages . Bitcoin Prediction Statistics Data: Bitcoin price now – $19,254 Bitcoin market cap – $371.3 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $22,000, $23,000, $24,000 Support Levels: $17,000, $16,000, $15,000 Buy Bitcoin Now Your capital is at risk BTC/USD is at the moment trading at $19,254, but the king coin continues to consolidate below the 9-day and 21-day moving averages. At the moment, the Bitcoin price may continue with the sideways movement, but the daily chart shows that the formation of a bearish movement is likely to come to play. Bitcoin Price Prediction: BTC Price May Consolidates to the Downside As the Bitcoin price remains below the 9-day and 21-day ...

Bitcoin Cash Price Prediction for Today, October 16: BCH/USD Bulls Could Eye $120 Resistance

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The Bitcoin Cash price prediction may lack short-term, but if the price rises, the coin is likely to create more gains above the channel. Bitcoin Cash Prediction Statistics Data: Bitcoin Cash price now – $109.9 Bitcoin Cash market cap – $2.1 billion Bitcoin Cash circulating supply – 19.2 billion Bitcoin Cash total supply – 19.2 billion Bitcoin Cash Coinmarketcap ranking – #31 BCH/USD Market Key Levels: Resistance levels: $130, $135, $140 Support levels: $95, $90, $85 Buy Bitcoin Cash Now Your capital is at risk BCH/USD is currently trading around the $109.9 level, aiming to cross above the 9-day and 21-day moving averages . In the range of the descending channel, the closest support could be located at $100 while a close resistance could be found at $120. Meanwhile, if the market increases , additional resistance can be found above the upper boundary of the channel. Bitcoin Cash Price Prediction: Bitcoin Cash Ready to Push the Upside Accor...

Bitcoin Price and Ethereum Forecast – Can BTC Hit $30.000 This Month?

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The cryptocurrency market was slightly bearish during the early European session, with the global crypto market cap falling from $944 billion to $936 billion. Bitcoin, the leading cryptocurrency, is still trading near $19,349.19, down 0.88% so far. Similarly, Ethereum is trading sideways, with a price range of $1,325 to $1,298. However, some altcoins are trading strongly bullish, such as TerraClassicUSD, which has increased by more than 35% in the last 24 hours. At the same time, the Huobi Token has increased by 20% to trade at $4.97. Maker is also in the spotlight for achieving more than a 17% weekly gain. Bitcoin Price The current Bitcoin price is $19,351.72, and the 24-hour trading volume is $20.35 billion. Bitcoin has fallen by 0.88% in the last 24 hours. CoinMarketCap now ranks first, with a live market cap of $371 billion. Bitcoin Price - Source: Coinmarketcap  Robert Kiyosaki, widely known as the author of the financial literacy bestselle...

Quant Price Prediction for Today, October 8: QNT/USD Nearly Hits $150 Level

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Join Our Telegram channel to stay up to date on breaking news coverage The Quant price prediction shows that QNT is moving above the main resistance level of $145 as the coin aims higher. Quant Prediction Statistics Data: Quant price now – $148.56 Quant market cap – $1.79 billion Quant circulating supply – 12 million Quant total supply – 14.6 million Quant Coinmarketcap ranking – #32 QNT/USD Market Key Levels: Resistance levels: $180, $190, $200 Support levels: $120, $110, $100 QNTUSD – Daily Chart Buy Quant Now Your capital is at risk QNT/USD is seen following the bullish movement as the coin continues to break many mountains. Presently, the Quant (QNT) is making a gain of almost 7.09% and touches the daily high at $148. However, the Quant price is seen hovering above the 9-day and 21-day moving averages and traders may expect the Quant price to prepare itself steadily for a ride toward the nearest resistance level of $150. ...