Elrond was rising before leveling off at around $54.40. The EGL price has recently broken through a key price resistance level, rising above $56.37. On weekly, biweekly, and monthly time frames, Elrond has been performing bullishly, based on data by Coingecko, Thursday. This bullish movement may have been prompted by recent events. On September 22nd, Opera…
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Ethereum is slowly moving lower below $1,300 against the US Dollar. ETH remains at a risk of major decline if it stays below $1,400 for a long time. Ethereum started a fresh decline after it failed to clear the $1,350 resistance. The price is now trading below $1,320 and the 100 hourly simple moving average.…
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Ethereum price has been rejected again at the $1,299 price mark as the coin retraced on its chart over the past day. In the last 24 hours, ETH barely experienced price movement on its chart. Continued lateral trading will push Ethereum price to the $1,200 support level. Bitcoin also remained mundane over the last 24…
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Bitcoin price slowly moved lower below $19,200 against the US Dollar. BTC is still trading above the main breakdown support near the $18,500 zone. Bitcoin is slowly moving lower and there was a spike below the $19,000 level. The price is trading below $19,200 and the 100 hourly simple moving average. There is a key…
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Bitcoin price has been trading sideways, struggling to break past its immediate resistance level. Over the last 24 hours, Bitcoin fell by 1%, confirming sideways trading. In the last week, BTC has barely made any progress with its price. If the coin continues to stick around the same price level, it could soon be a…
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ETH’s price struggles to break above key resistance as the price continues to trade in a range mimicking the price of Bitcoin. ETH continues to struggle as price trades close to the demand zone. The price of ETH continues to look indecisive as price trades below 50 and 200 Exponential Moving Average (EMA) on the…
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The Bitcoin correlation with the macro markets reached new highs in 2022. This saw the price of the digital asset, and the entire crypto market by extension, follow the movement of the stock and equities market very closely. There were forecasts that the cryptocurrency would begin to decouple from the macro market as time went…
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Elrond (EGLD) and Aptos (APT) are attractive in a sideways market as they record extreme price fluctuations. This price action is attracting market participants tired of Bitcoin and Ethereum trending sideways, chopping out long and short positions. Launched a day ago in most crypto exchanges, Aptos experiences massive price fluctuations. At the time of writing,…
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Dogecoin price has continued to consolidate. However, the coin showed signs of recovery on its one-day chart. Over the last 24 hours, the coin hasn’t made much progress. In the past week, Dogecoin price just moved up by 0.4%, which indicates that the coin is still in a consolidated price range. The technical outlook for…
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In this episode of NewsBTC’s daily technical analysis videos, we are examining Ethereum due to how boring Bitcoin price action is. Here is an update on the top ranked altcoin. Take a look at the video below: VIDEO: Ethereum Price Analysis (ETHUSD): October 19, 2022 In addition to the video highlights listed below the video, we…
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