Tag: Analysis
Bitcoin Price Analysis: This Key Resistance Could Prevent BTC’s Surge to $90K
Bitcoin has recently rebounded from the critical $78K support level and is now testing a significant resistance at $85K. If it manages to reclaim this level, the next target will likely be the $90K region. Technical Analysis By Shayan The Daily Chart BTC’s recent price action has seen a slight rebound from the ascending wedge’s […]
Bitcoin Price Analysis: How Low Will BTC Drop This Week Following Loss of $80K
Bitcoin has broken below the key 200-day moving average of $83K, exhibiting a notable bearish sign. However, the price encounters buyers’ last defence line at $80K, with a potential breakout leading to a substantial decline toward $75K. Technical Analysis By Shayan The Daily Chart Bitcoin was rejected at the $92K resistance, triggering a strong sell-off […]
Bitcoin Price Analysis: How Likely is for BTC to Break Above $100K This Week?
Bitcoin is struggling to regain momentum, with its price action stagnating around the 100-day moving average. The current market structure suggests a pivotal moment, where a bullish rebound remains a strong possibility. Technical Analysis By Shayan The Daily Chart Bitcoin’s price has been consolidating near the crucial 100-day moving average at $96K, with sellers attempting […]
Ethereum Price Analysis: Is There More Trouble Ahead for ETH After 14% Weekly Drop?
Ethereum’s price has been dropping consistently over the past couple of weeks and is yet to show any sign of recovery. As things stand, a deeper decline could be expected in the coming weeks. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has gradually decreased after breaking the […]
Ethereum Price Analysis: ETH Risks Falling Below $3K After Recent Rejection
Ethereum experienced a surge this week, briefly breaking above a key resistance region. However, it lacked sufficient momentum, appearing to be a false breakout. If ETH faces a more profound rejection at current levels, lower prices could follow. Technical Analysis By Shayan The Daily Chart Ethereum saw a strong push from buyers at the $3K […]
Ripple Price Analysis: XRP’s Bullish Momentum Weakens—Correction Ahead?
Ripple has been facing a prolonged period of low market activity, leading to sideways movement and minimal volatility near the $3.2 level. However, emerging technical signals suggest that a potential correction may be on the horizon. XRP Analysis By Shayan The Daily Chart XRP has steadily climbed toward the $3.2 resistance, a crucial supply zone […]
Ripple Price Analysis: Is XRP Set to Break Out as Consolidation Wraps Up?
Ripple has reclaimed significant resistance levels, surging above the $3 psychological threshold. While the price exhibits strong bullish momentum, mixed signals in market indicators suggest a potential corrective phase may precede further upward movement. XRP Analysis By Shayan The Daily Chart XRP has demonstrated impressive bullish momentum in recent months, breaking above key resistance zones, […]
Ethereum Price Analysis: ETH Prepares for a Big Move – Up or Down?
Ethereum is on the verge of breaking out of a decisive price range, introducing heightened volatility and indecision to the market. A bullish breakout would likely trigger a rally toward the $4K resistance, while a bearish move could trigger significant downside momentum. Technical Analysis By Shayan The Daily Chart ETH’s price action reflects a phase […]
Bitcoin Price Analysis: What Lies Ahead on BTC’s Path to $120K?
Bitcoin’s price has been gradually rising over the past few weeks, paving its way toward a new record high, which arrived on Monday. However, it lost some momentum, and the question is what will happen next. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily timeframe, the asset rebounded from the $92K […]
Bitcoin Price Analysis: Is BTC Ready for a New All-Time High Above $108K?
Bitcoin’s $90K support region has demonstrated its strength, sparking a notable bullish surge. The price is now nearing its all-time high of $108K, where a breakout could ignite a short liquidation cascade, potentially pushing the asset into uncharted territory. Technical Analysis By Shayan The Daily Chart The $90K support zone has proven to be a […]
