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Crypto Technical Analysis

Crypto Technical Analysis Early15JUL22: Bitcoin Eyes Key Upside Break, Ethereum Outperforms, UNI Rallies Over 14%

Crypto Technical Analysis 15Jul: Bitcoin price remained well above the USD 19,500 level. BTC started another increase above the USD 20,200 level. It is currently (05:54 UTC) trading above USD 20,618 and eyeing an upside break above USD 21,200. Similarly, most major altcoins are moving higher. ETH rallied over 8% and cleared the USD 1,200 level. …

Crypto Technical Analysis Early15JUL22: Bitcoin Eyes Key Upside Break, Ethereum Outperforms, UNI Rallies Over 14% Read More »

Crypto Technical Analysis Early14JUL22: Bitcoin Back Above USD 20K, Ethereum Recovers, MATIC Surges

Crypto Technical Analysis 14Jul: After bitcoin price extended losses and traded below the USD 19,200 level yesterday, BTC remained supported near the USD 19,000 zone and managed to get back above USD 20,000. It is currently (06:16 UTC) trading near USD 20,075 and is up almost 4% in a day and still down less than …

Crypto Technical Analysis Early14JUL22: Bitcoin Back Above USD 20K, Ethereum Recovers, MATIC Surges Read More »

Crypto Technical Analysis 13JUL22: Bitcoin and Ethereum Continue to Weaken, SRM and QNT Rally

Crypto Technical Analysis 13Jul: Bitcoin price followed a bearish path below the USD 20,500 level and even declined below the USD 19,500 support zone before moving higher again. It is currently (04:58 UTC) consolidating near USD 19,462 and is down 2% in a day and 3% in a week. Similarly, most major altcoins are showing …

Crypto Technical Analysis 13JUL22: Bitcoin and Ethereum Continue to Weaken, SRM and QNT Rally Read More »

Crypto Technical Analysis 12JUL22: Bitcoin Tests USD 20K, Ethereum Slides, Altcoins in Red

Crypto Technical Analysis 12Jul: Bitcoin price remained in a bearish zone below the USD 20,500 level and declined below the USD 20,000 support zone. It is currently (05:01 UTC) consolidating near USD 19,995 and is down 3% in a day and almost 2% in a week. Similarly, most major altcoins also moved lower. ETH traded …

Crypto Technical Analysis 12JUL22: Bitcoin Tests USD 20K, Ethereum Slides, Altcoins in Red Read More »

Crypto Technical Analysis

Crypto Technical Analysis 11JUL22: BTC and ETH Reverse Gains, Altcoins Dip

Crypto Technical Analysis 11Jul: Bitcoin price failed to clear the USD 22,500 zone and started a fresh decline. It is currently (06:20 UTC) trading near USD 20,414 and is down over 3% in a day, but is still up over 6% in a week. Similarly, most major altcoins trimmed gains. ETH is now trading well …

Crypto Technical Analysis 11JUL22: BTC and ETH Reverse Gains, Altcoins Dip Read More »

Crypto Technical Analysis

Crypto Technical Analysis 10JUL22: BTC at $21k – Genuine rise or another bull trap?

Crypto Technical Analysis 10JUL: The $21k level is also psychologically important since it is the 2017 all-time high and supported the pair for a fairly long time in its current free fall. The short-term relief rally is certainly inspiring some buying activity over the weekend as the traders prepare for the next week. From here …

Crypto Technical Analysis 10JUL22: BTC at $21k – Genuine rise or another bull trap? Read More »

Crypto Techncial Analysis

Crypto Technical Analysis 09JUL22: Bitcoin, Digital Gold Outperforms Gold by Wide Margin After Strong Week

Crypto Technical Analysis 09JUL: BTC finally outperformed gold by a wide margin this week, after a long period where gold has performed significantly better than its digital cousin. The outperformance of gold by bitcoin came during what has been a strong week for the digital currency, which has moved from just over USD 19,000 on …

Crypto Technical Analysis 09JUL22: Bitcoin, Digital Gold Outperforms Gold by Wide Margin After Strong Week Read More »

Crypto Technical Analysis 08JUL22: Bitcoin Tests USD 22K, Ethereum Accelerates, XRP Clears Hurdle, MATIC and AAVE Rally

Bitcoin price started a stronger increase above the USD 20,500 resistance zone and even climbed above the USD 22,000 level. It is currently (05:56 UTC) trading near USD 21,828 and is up 8% in a day and 13% in a week. Similarly, most major altcoins started a decent increase. ETH was able to clear the USD 1,200 and USD 1,250 resistance levels. XRP surpassed the key USD 0.35 resistance zone. ADA climbed above USD 0.48 and traded close to USD 0.50.

MARKET WATCH EARLY 06JULY: BTC and ETH Fluctuate, CEL Keeps Dropping

Bitcoin price stayed above the key USD 18,800 support zone and settled above the USD 19,500 level, but it is struggling to settle above the USD 20,500 zone. It is currently (06:33 UTC) trading near USD 19,924 and is down 2% in a day. Similarly, most major altcoins remain supported. ETH is fluctuating above USD 1,100 while XRP is still near the USD 0.325 pivot zone. ADA could rise if there is a clear move above USD 0.48.

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