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Showing posts with the label daily chart

Bitcoin Price Prediction for Today, November 3: BTC/USD Range-bounds; A Recovery to $21k Resistance?

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The Bitcoin price prediction shows that BTC slumps below the resistance level of $20,390 as further downside momentum appears to be imminent. Bitcoin Prediction Statistics Data: Bitcoin price now – $20,148 Bitcoin market cap – $370.6 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $24,000, $25,000, $26,000 Support Levels: $17,000, $16,000, $15,000 BTC/USD touches the resistance level of $20,390 during the European session today but the king coin is at the time of writing hovering at $20,148 after dropping from the daily high. More so, where Bitcoin will go next after this retreat is likely to depend on the ability of the bulls to hold the price above the key support at $20,000. Bitcoin Price Prediction: Would Bitcoin Go Up or Down? The Bitcoin price remains intact within the 9-day and 21-day mo...

Bitcoin Price Prediction for Today, October 27: BTC/USD Fails to Break $21,000

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The Bitcoin price prediction slumps below the resistance level of $20,878. Further downside momentum may come to play, but $20,000 may likely come out as support. Bitcoin Prediction Statistics Data: Bitcoin price now – $20,590 Bitcoin market cap – $395.8 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $24,000, $25,000, $26,000 Support Levels: $18,000, $17,000, $16,000 BTC/USD range-bounds with the selling pressure seen around the $20,434 level which is stopping it from seeing any major gains. Meanwhile, traders are not surprised by the selling pressure as bears are trying to defend against a break above the upper boundary of the channel. However, until bulls keep the price above this barrier, the Bitcoin price may face a prolonged sideways movement or drop below the current market value. Bitcoi...

Bitcoin, Ethereum Technical Analysis: BTC Back Above $19,000 as Volatility in Crypto Markets Intensifies

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Bitcoin snapped a two-day losing streak on Thursday, as prices of the cryptocurrency rebounded at a key point of support. The current price uncertainty in markets comes as global inflation continues to hover close to historical highs. Ethereum was also back in the green in today’s session. Bitcoin Following two days of consecutive declines, bitcoin (BTC) rose higher in today&#x2019 ;s session, moving away from its recent floor below $19,000. On Wednesday, the world’s largest cryptocurrency fell to an intraday low of $18,971.46, however the token rebounded earlier today. So far in Thursday’s session, BTC/USD has hit a peak of $19,280.68 as the bulls rejected a breakout below a key floor of $18,900. BTC/USD – Daily Chart Looking at the chart, the relative strength index (RSI) of 14-days also moved closer to its own floor of 43.70, however the index has since moved away from this point. As of writing, the index is tracking at 45.68, with the next visible...

Ripple Price Prediction for Today, October 16: XRP/USD Ready to Break Above $0.50 Level

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The Ripple (XRP) price prediction may begin to show a bullish movement if the market could rise above the $0.50 resistance level. Ripple (XRP) Statistics Data: Ripple price now – $0.48 Ripple market cap – $24 billion Ripple circulating supply – 49.9 billion Ripple total supply – 99.9 billion Ripple Coinmarketcap ranking – #6 XRP/USD Market Key Levels: Resistance levels: $0.60, $0.65, $0.70 Support levels: $0.40, $0.35, $0.30 Buy Ripple Now Your capital is at risk XRP/USD is moving sideways as the market remains below the 9-day and 21-day moving averages . Apart from this, the Ripple price still needs to conquer the resistance level of $0.50 within the channel so that the price can rise as soon as this is done. Ripple Price Prediction: XRP/USD Could Shoot to the North The daily chart shows that the Ripple price is attempting to create a new positive trend, and traders may expect a bullish continuation towards the upside, which could tes...

Amp Price Prediction for Today, October 12: AMP/USD Ready to Break Above $0.0060 Level

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The Amp price prediction may continue to show a bullish movement if the market rises above the $0.0060 resistance level. Amp Prediction Statistics Data: Amp price now – $0.0049 Amp market cap – $208.2 million Amp circulating supply – 42.2 billion Amp total supply – 99.2 billion Amp Coinmarketcap ranking – #127 AMP/USD Market Key Levels: Resistance levels: $0.0065, $0.0070, $0.0075 Support levels: $0.0035, $0.0030, $0.0025 AMPUSD – Daily Chart Buy Amp Now Your capital is at risk AMP/USD is showing positive movement at the time of writing as the market crosses above the 9-day and 21-day moving averages. Apart from this, the Amp price still has to cross above the upper boundary of the channel and traders can expect the price to continue to rise as soon as this is done. Amp Price Prediction: Amp Price Will Shoot to the North The daily chart shows that the Amp price is attempting to create a new positive trend, and traders may expect a...