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Showing posts with the label resistance level

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...

Dogecoin Price Prediction for Today, October 31: DOGE/USD Surges; Price Hovers at $0.120 Level

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The Dogecoin price prediction shows that DOGE is likely to break above the upper boundary of the channel. Dogecoin Prediction Statistics Data: Dogecoin price now – $0.125 Dogecoin market cap – $16.73 billion Dogecoin circulating supply – 132.6 million Dogecoin total supply – 132.6 million Dogecoin Coinmarketcap ranking – #8 DOGE/USD Market Key Levels: Resistance levels: $0.150, $0.160, $0.170 Support levels: $0.100, $0.090, $0.080 DOGE/USD is seen refreshing to a new high as the coin spikes to the upside to trade close to the resistance level of $0.150. The Dogecoin price is currently hovering at $0.125 with a bullish movement toward the upper boundary of the channel. Meanwhile, if the coin slides and faces the 9-day and 21-day moving averages, sellers may attempt to return to the market, but the bulls are likely to collect more on the price dips. Dogecoin Price Prediction: Dogecoin Price Ready to Gain More The Dogecoin price can only maint...

Aave Price Prediction for Today, October 24: AAVE/USD Faces Major Correction Below $89.95

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The Aave price prediction is currently fighting to trade near the resistance level of $90 as the coin retreats below the upper boundary of the channel. Aave Prediction Statistics Data: Aave price now – $87.22 Aave market cap – $1.23 billion Aave circulating supply – 14 million Aave total supply – 16 million Aave Coinmarketcap ranking – #44 AAVE/USD Market Key Levels: Resistance levels: $105, $110, $115 Support levels: $75, $70, $65 AAVEUSD – Daily Chart AAVE/USD opens today’s trade with the opening price of $88.79, during the European session; the coin begins to drop like a stone towards the support at $85. At the time of writing, the Aave price is changing hands at $87.22, slightly down by 1.79% after a rebound from the $85.8 level. Currently, the daily chart reveals that the technical indicator Relative Strength Index (14) is attempting to cross below 60-level, which means the coin could be vulnerable to further losses. Aave Pr...

Sushiswap Price Prediction for Today, October 21: SUSHI Continuously Get Rejected at the $1.505 Price Level

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After SushiSwap took its basis at the $1.165 support on the 13th of October, it trended up for two days with a very strong upward push of the price. The way the market moved, it is easy to expect the market to continue the trend; raising the price upward and breaking many price levels. But at the $1.165 resistance level, the trend gets cut short several times as bulls kept making several attempts to cross this price level to no avail.   Sushiswap Market Price Statistic: SUSHI/USD price now: $1.304 SUSHI / USD market cap: $ SUSHI/USD circulating supply: SUSHI/USD total supply: 1,000,000,000 SUSHI/USD coin market ranking: # Key Levels Resistance: $1.322, $1.400, $1.586  Support: $1.160, $1.117, $1.058 Sushiswap Market Price Analysis: The Indicators’ Point of View On the 18th of October, the buyers of SushiSwap became more ambitious to break the resistance level . It had established a new support level that is higher than the one it had on the 13th of Octob...

Ethereum Price Prediction for Today, October 21: ETH/USD Could Fall Below $1200 Support

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The Ethereum price prediction is approaching a crucial support level which could take the second digital asset to the downside. Ethereum (ETH) Statistics Data: Ethereum price now – $1265.43 Ethereum market cap – $157.1 billion Ethereum circulating supply – 122.3 million Ethereum total supply – 122.3 million Ethereum Coinmarketcap ranking – #2 ETH/USD Market Key Levels: Resistance levels: $1600, $1700, $1800 Support levels: $1000, $900, $800 As the daily reveals, ETH/USD is trading down by 1.36% at its current price of $1,265, which marks a notable decline from its daily highs of $1,292 that was set today when the bulls attempted a slightly positive move. Meanwhile, in the past few days, the Ethereum price has been able to find the support at $1,254 level, as revisiting this level may increase the bearish movement. Ethereum Price Prediction: ETH Not Yet Ready for the Upside According to the daily chart, the Ethereum price is heading to the dow...