Ethereum (ETH) Struggles Beneath $2K amid Bearish Control – Technical Analysis

Ethereum (ETH) Struggles Beneath $2K amid Bearish Control – Technical Analysis

Ethereum finds challenges to overcoming the resistance zone at $2K. The altcoin maintains declines, though still beyond the vital support floor of $1,920. Key Points Ethereum reveals bearishness beneath the $2K hurdle. The altcoin trades beneath $2K and 100 hourly SMA. The 1hr chart shows a massive bearish line developing with resistance at $1,970. A decisive move beneath the $1,920 support can trigger sharp declines. Ethereum Settles Beneath $2,000 Ethereum recorded upswings beyond the $1950 hurdle and 100 hourly SMA. Nevertheless, bears halted the uptrends at the coveted $2K mark. The alternative token launched downtrends from the swing high of…
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Tezos (XTZ) Might Challenge $2.5 Daily Resistance – Price Analysis

Tezos (XTZ) Might Challenge $2.5 Daily Resistance – Price Analysis

Tezos price trends reveal bullish trends. XTZ has resistance at $2.5. The support level stands at $1.81. Tezos price reveals bullishness as the alternative token climes towards $2.09 following a slight consolidation around the $1.80 value area. Bulls stepped up to catalyze upside actions after XTZ broke past an ascending triangle setup. Meanwhile, Tezos dipped into a consolidation period after rising towards $2.49, trading within an ascending triangle setup as bears and bulls battled for market dominance. Bulls saw victory as they drove XTZ to $2.09, eyeing the target at $2.49. Breaking beyond this area would see Tezos exploring $3…
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Bitcoin (BTC) Records Massive Bullish Divergence, Moving Above $30K

Bitcoin (BTC) Records Massive Bullish Divergence, Moving Above $30K

After hovering beneath $30,000 for most of the week, Bitcoin noted a steady bullish divergence during Sunday's late sessions. While publishing this content, BTC traded at $30,167.58, gaining 2.89% within the last 24 hours. Maintaining beyond the crucial hurdle of $30K is critical for near-term upticks. Renowned cryptocurrency analyst Lark Davis stated that BTC presented a massive bullish divergence, a case never seen in the past year. Can that mean a colossal upside rally in the making? Davis added that there's hope following dominant bearishness regardless of the pessimistic readings from the global macro formation. It remains fascinating to see…
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Dogecoin (DOGE) Still Faces Rejection Beneath $0.1 – Price Analysis

Dogecoin (DOGE) Still Faces Rejection Beneath $0.1 – Price Analysis

Dogecoin's price reveals stagnations near the $0.08 level. The meme coin has hovered near $0.1 since the 11 May colossal fall. Dogecoin's 24hr trading volume declined by 32%. Dogecoin price exhibits bearish signals today, maintaining similar trends seen over the previous three days. The meme coin has stagnated near the $0.08 level. While publishing this content, Dogecoin traded at a day high at $0.08647, gaining 2.48% within the past 24 hours. Nevertheless, Dogecoin has failed to trigger sustained upswings since the 11 May massive crash. The current price action reveals stagnation conditions, and the meme coin might drop before uptrends.…
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What Next for Cronos (CRO) Price – May 18 Analysis

What Next for Cronos (CRO) Price – May 18 Analysis

Crypto exchanges have witnessed lots of dramatic developments recently. That isn't a surprise after the latest Terra disaster, which sent a shock through DEX and centralized exchanges. As a result, exchange tokens witnessed massive actions within the last two weeks. CRO, the 8th largest crypto by market value, traded near $0.1995 at this publication. The alternative token gained 4.43% within the previous day, though 14.81% down over the past seven days. Though that remains impressive, there's a lot behind the scene. Impending Surges for CRO? First and foremost, CRO has seen its velocity dramatically surging. That shows investors sending their…
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Cryptos to Watch This Week: BTC, XRP, SOL

Cryptos to Watch This Week: BTC, XRP, SOL

Bitcoin's drop to $25.8K and the Terra ecosystem fallout triggered crashes in the marketplace as most tokens witnessed double-digit losses. Bitcoin price tried to regain levels beyond $30,000. The global crypto market capitalization hovers beneath $1.3 trillion. Some of the cryptos to watch this week are BTC, XRP, and SOL. The broad crypto marketplace witnessed bearish waves over the past week as Bitcoin lost near 30% within ten days to hit $25K, levels last seen in late 2020. The Bitcoin-driven plummets and fallouts in Terra's UST and LUNA saw the cumulative market cap crash to $1.28 trillion at this publication.…
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Tron (TRX): Losing $0.075 Support Suggests 18% Drop

Tron (TRX): Losing $0.075 Support Suggests 18% Drop

Tron (TRX) buyers could not dodge range-bound rallies, indicating a potential downward move towards $0.057. Losing grounds at $0.075 provides interested investors with a short opportunity for an 18% target. Will the concentrated Exponential Moving Averages stall the coming TRX freefall? TRX price has declined by 16% since the previous week. The altcoin's price chart reveals a possible bearish cross of 20-day EMA and 200-day Exponential Moving Average, TRON's 24hr trading volume sat at $1.77 billion, reflecting a 21.5% slump. Tron has seen its price resonating within a horizontal channel since 2022 began. The consolidation phase had the crypto relying…
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Binance Coin (BNB): Why Another 20% Decline Isn’t a Surprise

Binance Coin (BNB): Why Another 20% Decline Isn’t a Surprise

Binance Coin left uncollected downside liquidity, suggesting further decline for the token. Violating the demand region at $253 - $308 will see bears sweeping $222 for liquidity. Recoveries beyond the $336 range low will cancel BNB's bearish thesis. Binance Coin sees its price rebounding from a steady demand region that paused its bleed. Nevertheless, untapped downside liquidity might attract bears to ruin the support floor. For now, BNB seems primed for further declines. Binance Coin Indecisive The past five days saw Binance Coin losing approximately 31% of its value to explore the $276 mark. The downside spiral paused as the…
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