Bitcoin price has shown signs of recovery as it climbed above the $64,000 resistance zone. However, the digital currency is now facing hurdles near the $65,500 and $66,000 levels. It is struggling to gain pace for a move above the $65,500 resistance zone. Currently, there is a key contracting triangle forming with resistance at $65,100
Analysis
Dogecoin has been in the spotlight recently with its attempt at a recovery wave above the $0.150 resistance zone against the US Dollar. However, the journey ahead might not be as smooth as anticipated. The $0.170 resistance zone poses a challenge for DOGE and it could struggle to clear this hurdle. The current situation highlights
The price of BNB has shown resilience as it has not fallen below its previous low, indicating strong signs of heading up. After a period of downward movement, the Binance Smart Chain’s native token is now looking to bounce back towards its earlier high. To determine where the BNB price might be headed next, various
Uniswap’s native token, UNI, has been facing some challenges in terms of its price performance in recent weeks. However, there is a glimmer of hope on the horizon. A well-known crypto analyst, Ali Martinez, has put forth an optimistic prediction for the future price of UNI. Martinez’s analysis is based on the TD Sequential Indicator,
Gavin Wood, the founder of the Polkadot protocol, recently announced the upcoming Join-Accumulate Machine (JAM) upgrade for the network. This announcement took place during Wood’s presentation at the Token2049 crypto conference in Dubai. The new Gray Paper outlines the details of the JAM upgrade and its potential impact on the Polkadot network. As part of
BNB price is currently showing signs of a fresh increase from the $515 zone, indicating a potential bullish momentum if it manages to clear the $572 resistance level. The recent support near $515 has prompted a recovery wave similar to what Ethereum and Bitcoin have experienced in recent times. This signals a positive movement in
After retesting the $12.00 support zone, Chainlink’s LINK price is now looking to recover and move above the $13.50 and $15.00 resistance levels. However, the price is currently showing bearish signs below the $15.00 resistance against the US dollar. It is trading below the $14.20 level and the 100 simple moving average (4 hours). Additionally,
The Ethereum price has been facing several obstacles near the $3,200 mark. It is evident that ETH may experience a significant decline if it fails to surpass the $3,200 and $3,280 resistance levels. Currently, the price is trading below $3,200 and the 100-hourly Simple Moving Average, indicating a bearish trend. A bearish trend line is
After reviewing the recent analysis provided by crypto analyst Crypto Egrag, it is clear that there is significant speculation surrounding the future price movement of XRP. Egrag correctly predicted a price decline for XRP and is now forecasting a potential increase of between 1000% and 3000%. This bold prediction is based on historical data from
The recent escalation of tensions between Israel and Iran has had a significant impact on the price of Bitcoin. The cryptocurrency experienced a major decline, dropping below the $70,000 level as bearish momentum gained strength. The price plummeted below key support levels at $66,000 and $65,000, ultimately testing the $60,500 support zone. While a low