Bitcoin struggles to break resistance above the $17,000 region
The price of Bitcoin experienced a bullish momentum last week, as the price of Bitcoin increased by 3.4% over the past 14 days. However, the price of Bitcoin might suffer a price decrease this week after being knocked down by a resistance above the $17,000 region. At the time of writing this article, the price […]
Price Analysis for Crypto market leaders, Bitcoin, Ethereum, Litecoin
The general crypto market moves in retrospect of Bitcoin(BTC) Ethereum(ETH) and Litecoin (LTC) because they’re built on the layer 1 blockchain, Volatility in the market is determined by these coins which is why In this article, we analyzed the top 3 cryptocurrencies to determine the movement of the market. Bitcoin Analysis Bitcoin’s price declined by […]
Weekly altcoins analysis. Terra Luna Classic and Ripple (XRP)
The LUNC coin price has declined over three consecutive days, the price reversed from a downward trendline, and breached $0.000167 in local support. The current price of the coin is $0.000165, and a daily close below the mentioned support will intensify the current selling pressure. This development encourages further Terra coin price declines. A descending […]
Market outlook: What to expect from BTC this week.
The crypto market experienced Mini bullish momentum last week. As the price of BTC traded at the $17,000 region without going lower. Traders are expecting the opening candle for this week to be a bullish candle so BTC can continue to soar above the $17,000 region But there’s also a probability that this week might […]
BTC prepares for a relief rally as bulls take charge
Over the previous day on the BTC chart, the price of bitcoin maintained a support level after bouncing off the $15,400 price mark. Ever since then BTC has been fluctuating around the $16,000 price level over the past 24 hours. Bitcoin is waiting for a breakout as it is now trading sideways following the recovery. […]