The price of bitcoin keeps rejecting higher heights as the top cryptocurrency fails at major support levels. Bitcoin is expected to attain a lower price altitude within the next few days if the sellers continue to pressure hard. In the long run, buyers stepping in to reverse an inbound bear market will have to conjure...Read More
Tezos’s recovery is quickly approaching the March level of $3.3 after gaining almost 33% in 7 days. It has resumed a mid-term bullish trend following a break above a crucial resistance line across trading pairs. XTZ/USD: Tezos Charging Towards June Resistance Key Resistance Levels: $3.3, $3.5, 3.9 Key Support Levels: $2.85, $2.75, $2.69 XTZ/USD. Source:...Read More
Bitcoin Bitcoin saw a small 1% increase this week as it continued to trade sideways within the confines of a symmetrical triangle pattern. BTC has been trapped within this triangle since the start of June 2020, and a breakout will dictate the next direction. Looking ahead, if the buyers can rebound from the lower boundary...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog After growing for two days in a row, the XMR is stepping back: on Friday, July 10th, it is trading at 65.82 USD. Since last week, not much has changed on the XMR/USD chart. The pair behaves as other coins do, demonstrating little volatility. The price is moving between...Read More
Stellar jumped above a 12-month high following 21% daily gains. Against Bitcoin, it’s currently trading just below 1000 SAT. XLM/USD: Stellar Facing Channel’s Resistance Key Resistance Levels: $0.1, $0.135 Key Support Levels: $0.0864, $0.077 XLM/USD. Source: TradingView Stellar saw impressive growth over the past four days, with almost 33% gains since the beginning of the...Read More
ADA is now trading above 2019’s high following a 58% growth in 7 days. The price is now approaching the 1500 SAT level with strong bullish momentum. ADA/USD: Cardano Surges 28% After Crossing $0.1 Key Resistance Levels: $0.16, $0.2 Key Support Levels: $0.11, $0.094 ADA/USD. Source: TradingView The second half of the year is again...Read More
The price broke a crucial resistance line after seeing a month-long downward correction to around $0.002274. After gaining 20% in less than 24-hours, DOGE is currently trading at $0.027. DOGE/USD: Pulling Back After Insane Rally Key Resistance Levels: $0.0029, $0.0030, $0.0035 Key Support Levels: $0.00269, $0.00259, $0.0025 DOGE/USD. Source: TradingView The latest surge in the...Read More
The price jumped to $0.0178, following a 6% growth over the last 24-hours. Against Bitcoin, TRX broke out and slowly gained momentum after staying bearish for five months. TRX/USD: Tron Charges Back At March’s Resistance Key Resistance Levels: $0.0186, $0.0215, $0.023 Key Support Levels: $0.0168, $0.0149, $0.014 TRX/USD. Source: TradingView After establishing a three-weeks low...Read More
VET saw a massive price surge over the past 24 hours as the cryptocurrency reached $0.0168. The coin has been on a rampage this week after exploding by a total of 65%. Against Bitcoin, VET created a fresh 19-month high as it reached the 180 SAT level. Key Support & Resistance Levels VET/USD:Support: $0.0136, $0.011,...Read More
Bitcoin Bitcoin pretty much moved sideways this week after slipping by a small 1%. While predominantly trading in a tight range, BTC did slip beneath a critical level on a couple of occasions but has managed to recover. Last week, Bitcoin fell beneath a rising trend line formation that had been in play since mid-March....Read More
Binance Coin lost 3% over the past hours following a quick drop in Bitcoin’s price. The price continues to face rejection at a crucial resistance line after seven days of recovery. After the breakout, BNB consolidated and dropped back inside a demand zone of 0.0165 BTC BNB/USD: BNB Rejects At Resistance Line Key Resistance Levels:...Read More
Cardano starts the monthly opening on a bullish foot with a total of 13% gains over the past hours. The price is increasing following a huge daily buying volume. Against Bitcoin, ADA surged above last month’s high after seeing 11.11% gains today. ADA/USD: Cardano Signals Fresh Increase Key Resistance Levels: $0.095, $0.97, $0.1 Key Support...Read More
The price slowly recovers after finding small support around $4.27. The daily decrease in volume shows that bears may be around the corner. LINK/USD: Trading Volume Is Fading Away Key Resistance Levels: $4.9, $5, $5.5 Key Support Levels: $4.27, $3.9, $3.5 LINK/USD. Source: TradingView Chainlink’s performance has been quite impressive during the second quarter of...Read More
After witnessing a five-days correction, SNX recovered almost 6% over the last 48-hours trading. Sellers may resume pressure if the price fails to increase above the previous resistance. The trend is still looking bullish in the short-term despite the five-day selling. SNX/USD: It Maintains Lower High Lower High Pattern Key Resistance Levels: $1.83, $1.92, $1.964...Read More
Bitcoin Bitcoin witnessed a 1.5% price decline over the past week as the cryptocurrency drops into the $9,190 level. The coin was trading at this price at the start of the week as it managed to push higher into the $9,815 level. BTC was unable to overcome this resistance, which caused it to fall back...Read More
After a two-week correction, LRC recently found a bottom and bounced back with 10% gains under 24 hours. It may start a new bullish cycle if the weekly low continues to hold as support. LRC/USD: Loopring Forming Bull Flag Pattern Key Resistance Levels: $0.089, $0.95 Key Support Levels: $0.72, $0.62 LRC/USD. Source: TradingView Earlier this...Read More
Matic is trying to bounce back, but the buying volume is currently low. It is now holding a previous break level as support after losing almost 4% of its value overnight. The price is targeting $0.027 level in the next few days if Bitcoin continues to consolidate. MATIC/USD: Buyers Showing Interest After 3.12% Discount Key...Read More
Tezos has been quite dramatic in the last 24 hours. The cryptocurrency underwent a drastic price movement within a long-wicked bull candle with which prices tried to conduct a bull attack beyond the $2.7 area. However, selling pressure took turns consequently and drove the price back downwards towards critical points. Prices met stiff opposition at...Read More
After a slight weekly rebound, VET resumed selling pressure with 4% losses over the last 24-hours. A slip beneath the monthly low could cause more troubles for the 28th ranked crypto by market cap. The market is currently looking bearish on the hourly time frame. VET/USD: VeChain Trades At Crucial Support Line Key Resistance Levels:...Read More
Bitcoin Bitcoin saw a period of sideways movement over the past week as it dropped by a small 0.5%. The cryptocurrency has pretty much traded between $9,600 and $9,200 over the past seven days as it remains above the rising trend line support. So long as BTC can continue above this rising trend line, the...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog At the end of the week, the XMR activity is minimal – investors are accumulating power, waiting for fresh drivers. The cryptocurrency is generally trading at 63.97 USD. This week on the XMR/USD, nothing has changed significantly. The pair behaves as other coins do, demonstrating no significant volatility. On...Read More
Cardano is performing relatively well following a sharp bounce from $0.0637 The bounce was followed by a break out from a two weeks resistance line ADA/USD: Cardano’s Price Rejects Near $0.085 Key Resistance Levels: $0.0846, $0.088, $0.0917 Key Support Levels: $0.074, $0.0688, $0.0631 ADA/USD. Source: TradingView Cardano recently broke out from a two-week downtrend to...Read More
Tezos found a bottom around $2.45 after a steady two weeks decline. The overall market is starting to recover the loss with about 0.8%. Against Bitcoin, the price dropped back after a sharp rejection at 28000 SAT level, although it may resume buying short. XTZ/USD: Tezos Is Primed For Recovery Key Resistance Levels: $2.68, $2.71,...Read More
Ethereum price has broken a key support level at $235 following a time of consistent sell-off which occurred between June 16 to date. At the moment, Ethereum is changing hands at $232 as the top cryptocurrency attempts to gain velocity upwards again. Ethereum was trading at $242 as of June 15, 23:00 hours UTC, the...Read More
Bitcoin has seen major price instability for the past few days. As of now, it seems the market sentiments are yet to determine which side to back in the light of the most recent bear attack which saw prices plunging below $9,500 area. After a short-term bull rush on Monday, June 15 which accompanied the...Read More
CRO found support around $0.1, but it is still shaky to provide a strong rebound. It is now ranked 11th by market cap, following 260% growth in three months. Against Bitcoin, CRO buyers appear exhausted after five weeks of parabolic movements. CRO/USD: CRO Exhausting Bullish Momentum Key Resistance Levels: $0.1165, $0.1176, $0.1193 Key Support Levels:...Read More
Chainlink broke down from a channel after reaching $4.9 during a three-month rally. Against Bitcoin, it started to form a symmetrical triangle pattern after recording a yearly high at 56739 SAT in March. LINK regained momentum with an 8% surge overnight. LINK/USD: Chainlink Dropped Off Short-Term Channel Key Resistance Levels: $4.25, $4.5, $5 Key Support...Read More
A weekly close beneath $0.075 and the 3-month trend line suggest a strong correction. The price dropped by 8.5% following a weekly bearish close around $0.07. XLM/USD: Stellar Broke Below 3-Month Trend Line Key Resistance Levels: $0.0738, $0.080, $0.086 Key Support Levels: $0.0627, $0.0523, $0.045 XLM/USD. Source: TradingView The latest dump in the entire crypto...Read More
The price of bitcoin is undoubtedly undergoing hard times at the moment. Presently, the BTC/USD trading pair has fallen below the major support level at $9,500 and now heading for prices at lower lows. Although about 24 hours back, bitcoin tried to put up a bull rally to inject some liquidity into its markets, such...Read More
The trajectory remained bullish on the daily chart, although bears are currently showing strong interest. The price dropped after marking a new yearly high around $0.0107 on June 4. VeChain lost 9% today after rolling back under 100 SAT. VET/USD: VeChain Signals Short-Term Sell Key Resistance Levels: $0.01, $0.0107, $0.01167 Key Support Levels: $0.0087, $0.0075,...Read More
