Cryptocurrency Analysis and News Portal
Bitcoin needs to chart a 77% rally in the next four weeks to reach the widely forecast year-end value of $100,000. While analysts are bullish on the cryptocurrency, they don’t foresee a rally to six figures in the short term.“The latest Commitment of Traders report shows net-long positioning on the
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Bitcoin (BTC) is stabilizing after a near 10% decline over the past week. The cryptocurrency is holding initial support above $56,000, although resistance around $65,000 could limit further upside over the short-term.The relative strength index (RSI) is oversold on intraday charts, which could encourage brief buying activity. On the daily
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Bitcoin price failed to surpass the $59,500 resistance against the US Dollar. BTC is now trading below $58,000, but it is still above important supports such as $56,500. Bitcoin failed to gain strength above the $59,200 and $59,500 resistance levels. The price is now trading below the $58,250 support and the 100
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The price of Bitcoin (BTC) is consolidating between $55,000 and $56,000 following the rejection at $61,000. Whale clusters suggest that one key level has to be defended to prevent a drop to the mid-$40,000 region. According to the data from Whalemap, which tracks Bitcoin whale activity, $55,406 is a critical whale
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Bitcoin price gained bullish momentum above $50K and traded to a new all-time high at $57,500 against the US Dollar. BTC remains supported and it is likely eyeing a test of $60,000. Bitcoin climbed above the $50,000 resistance and traded to a new all-time high near USD 57,500. The price is trading
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Ethereum started a fresh increase from the $700 zone against the US Dollar. ETH price retested the $745
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Chainlink has been struggling to gain momentum over the past couple of days, with the ongoing bout of
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Filecoin (FIL) started a strong rally above the $60.00 and $65.00 resistance levels. The price is currently correcting
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Like most other crypto assets, Ethereum has slipped lower over the past four days. After peaking on Monday,
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Ripple is down over 8% from the $0.3250 resistance zone against the US Dollar. XRP price is now
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