Price Analysis

Can Monero (XMR) Maintain Upside Amid Recovering Market Sentiment?
31 May

Can Monero (XMR) Maintain Upside Amid Recovering Market Sentiment?

Edward RichardsonBitcoin, Crypto News, Cryptocurrency, Monero (XMR), Price Analysis, Trading
Monero can be one of the lucrative cryptos for investors interested in riding recovery waves following the crypto crash of May. The alternative token recorded an impressive jump as most assets struggled to rebound. Furthermore, XMR maintains an attractive stance for this week, as some upticks allowed it to retrain the latest gains. Monero surged nearly 75% from the May 12 local low. The remarkable upside move seems to have seen hindrance at 0.236 FIB line, peaking near $208. The resistance led to a brief correction as the previous week ended. Fortunately, bulls stepped up during the past weekend, triggering…
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Cardano (ADA) Reclaims $0.513 Following Sudden Bullish Move – Price Analysis
30 May

Cardano (ADA) Reclaims $0.513 Following Sudden Bullish Move – Price Analysis

Edward RichardsonCardano (ADA), Crypto News, Cryptocurrency, Price Analysis, Trading
Cardano price reflects uptrends. ADA resistance sits at $0.540. Steady support stands at $0.463. Cardano's price outlook reveals an upside trajectory for the altcoin. Though ADA encountered bearish hindrances earlier, the past 24 hours saw bulls pushing to token beyond $0.484 to explore price levels above $0.513. Meanwhile, the green candle continuation reveals ADA has increased within the past 72 hours. Hourly price projections affirm similar trends as ADA/USD explored upside actions within the previous four hours. 1Day Timeframe – 11.82% Gain Pushes ADA Beyond $0.513 Cardano's 1-day chart presents encouraging news for crypto buyers, with ADA prices surging remarkably…
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Shiba Inu (SHIB): Tips for Holders to Sail Through Crypto Winter
29 May

Shiba Inu (SHIB): Tips for Holders to Sail Through Crypto Winter

Edward RichardsonBitcoin, Crypto News, Cryptocurrency, Dogecoin (DOGE), Price Analysis, Shiba Inu (SHIB)
For now, the crypto market struggles to overcome persistent bearishness. Though the space appears scary, faith and patience might be essential. Meanwhile, Shiba Inu holders out to go with the HOLDLing law. Also, they should trust in the prevailing market situations to maximize profits. The DOGE competitor has lost many weak hands as the redistribution event flourished. While publishing this content, about 75% of Shiba Inu holders remained in losses with cryptocurrency winter dominating. Moreover, several partnerships have failed to push the alt higher on its price chart. Shiba Inu traded near $0.00001073 at this publication, relatively flat within the…
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Ethereum (ETH) Struggles Beneath $2K amid Bearish Control – Technical Analysis
26 May

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

Edward RichardsonCrypto News, Cryptocurrency, Ethereum (ETH), Price 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
25 May

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

Edward RichardsonBitcoin, Crypto News, Cryptocurrency, Decentralized Finance (DeFi), Price Analysis, Tezos (XTZ)
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) Explores sub-$29K Despite NASDAQ Rally
24 May

Bitcoin (BTC) Explores sub-$29K Despite NASDAQ Rally

Noe CliffBitcoin, Crypto News, Cryptocurrency, Price Analysis, Trading
Bitcoin reversed on Monday as regulatory reforms dented market sentiment. The declines emerged even as NASDAQ 100 recorded a rally. Bitcoin stretched the previous week's 3.30% drop with yesterday's 3.93% drop, ending the day near $29,076. The bearish reaction emerged regardless of NASDAQ 100 gaining 1.59%, with crypto space anxiety amidst possible regulatory landscape shift. BTC indicators display red as the token stayed under50-dayEMA. Bitcoin lost 3.39% yesterday to reverse Sunday's 2.9% increase, ending the day near $29,076. Meanwhile, NASDAQ 100 recovered from its red to end the day in a positive region. BTC dip buyers could not offer support…
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Bitcoin (BTC) Records Massive Bullish Divergence, Moving Above $30K
23 May

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

Edward RichardsonBitcoin, Crypto News, Cryptocurrency, Price Analysis
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
22 May

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

Edward RichardsonAvalanche (AVAX), Bitcoin, Cardano (ADA), Crypto News, Cryptocurrency, Dogecoin (DOGE), Ethereum (ETH), Polkadot (DOT), Price Analysis, Ripple (XRP), Solana (SOL)
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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