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Showing posts with the label daily chart

Bitcoin Cash Price Prediction – Can BCH Reach $10,000?

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Bitcoin Cash price is entangled in a futile tug-of-war between the bulls and bears. This fruitless search for a bottom as the bear market wreaks havoc is not unique to the Bitcoin (BTC) fork. The largest cryptocurrency has been forced to face a new technical outlook after slipping beneath $19,000. If this support is not reclaimed as soon as possible, Bitcoin price could lose more ground toward its June low at $17,708. On the other hand, Bitcoin Cash dodders at $104 ahead of the weekend on Friday, October 21, 2022. It has been five years since BCH achieved its all-time high of $3,785. The token has now retraced 97.2% from that record high. The future of Bitcoin Cash is intertwined with that of the general cryptocurrency market. If pressure does not ease off BCH, support at $100 could be obliterated in favor of a n extended leg down to $79.25. Bitcoin Cash may retest its all-time low at $76.93 before reversing the trend significantly north. Can Bitcoin Cash Price Exp...

Biggest Movers: QNT Rebounds on Friday, UNI Extends Recent Decline

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Quant ended a streak of three consecutive declines on Friday, as prices rebounded following recent losses. The move saw the token bounce towards its recent resistance level of $180.00. Uniswap, on the other hand, remained in the red, falling below a key support point in the process. Quant (QNT) Quant (QNT) rose higher on Friday, as prices rebounded following three days of straight declines. Earlier in today’s session, QNT/USD rose to an intraday peak of $179.15, less than a day after falling to a low of $159.06. The move saw the token rise from yesterday’s one-week low, which came just days after trading close to a one-year high. QNT/USD – Daily Chart Looking at the chart, today’s rebound in quant saw the 14-day relative strength index (RSI) also move away from a support point of its own. As of writing, the index is tracking at 59.01, near its lowest point since September 23. The next visible resistance seems to be at 65.00, and should price strength reach this point, ...

Shiba Inu Price Prediction for Today, October 19: SHIB Trends Lower

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Join Our Telegram channel to stay up to date on breaking news coverage SHIB is bearish, targeting $0.0000088 SHIBUSD Price Analysis – October 21 Further increase in the sellers’ momentum may break down the $0.0000095 support level, SHIB will be exposed to $0.0000088 and $0.0000076 levels. In case the buyers’ momentum increase, there may be a reversal movement towards $0.000010, $0.000011 and $0.000012 resistance levels. Key levels: Resistance levels: $0.000010, $0.000011, $0.000012 Support levels: $0.0000095, $0.0000088, $0.0000076   SHIBUSD Long-term Trend:  Bearish On the daily chart , SHIBUSD is on the bearish movement . Sellers has been ruling the SHIB market since the formation of the bearish chart pattern called Head and Shoulder. Last week, the coin was consolidating around the $0.000010 level. Sellers are gaining more pressure and the price is decreasing towards the support level of $0.0000095. The crypto is trying to complete the forma...

Bitcoin Price Prediction for Today, October 18: BTC/USD Retreats After Trading Above $19,700

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The Bitcoin price prediction shows that BTC rises in the early hours of today, but got rejected as the market ranges . Bitcoin Prediction Statistics Data: Bitcoin price now – $19,507 Bitcoin market cap – $374.4 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: $22,000, $23,000, $24,000 Support Levels: $18,000, $17,000, $16,000 BTC/USD may begin to follow the bearish movement if the bears force the king coin to bow down to fresh losses. At the time of writing, the Bitcoin price is changing hands at $19,507 after adjusting from the resistance level of $20,000 which is an intraday high. Moreover, the Bitcoin price may be vulnerable to losses if the price crosses below the moving averages. Bitcoin Price Prediction: Bitcoin (BTC) Bears May Show Again The Bitcoin price from a technical angle reveals th...

Bitcoin, Ethereum Technical Analysis: BTC Back Above $19,000 to Start the Week

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Bitcoin started the week trading above $19,000, as bulls made a sluggish return to the token, following recent sell-offs. Ethereum also rallied on Monday, after a brief stint trading below $1,300. Overall, the global crypto market is down 1.19% as of writing. Bitcoin Bitcoin (BTC) was trading marginally higher on Monday, as bull began to return to crypto markets following recent sell-offs. Following a low of $19,118.19 on Sunday, BTC/USD raced to an intraday high of $19,491.33 earlier in the day. Monday’s move saw the world’s largest cryptocurrency climb towards a key price ceiling of $19,500. BTC/USD – Daily Chart Looking at the chart, the rebound in price comes as the 14-day relative strength index (RSI) recently broke out of its resistance at 48.00. As of writing, the index is tracking at 49.42, with the next visible resistance point near the 56.00 level. Should price strength continue to move towards this point, we will likely see prices move towards t...

ENS hits $20 following 20% daily surge

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After a detrimental week, the crypto market seemed to be welcoming the weekend on a bullish note. The entire crypto market was painted in green as most assets were pocketing big gains. One asset, however, caught the eye of the community following its 20 percent daily surge. Ethereum Name Service or the ENS tokens seemed to be bagging significant profits. At press time, ENS was trading for $20.14 with an 18.31 percent increase over the last 24 hours. It should be noted that the altcoin surged from a low of $16.58 to a high of $20.18. Source As seen in the altcoin’s daily chart , ENS witnessed a sudden rise following a fairly stagnant week. ENS ’s latest move is quite significant as it’s the highest the asset had managed to surge to over the past 90 days. It should be noted that just about four months ago, the asset dipped to an all-time low of $7.40. While it remains 171.35 percent above its all-time low, it continues to reside 76.57 percent below its all...

Cosmos Price Prediction for Today, October 11: ATOM/USD May Slide Below $12.0 Level

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The Cosmos price prediction dips below $12.53 today as the coin moves to break below the lower boundary of the channel. Cosmos Prediction Statistics Data: Cosmos price now – $12.28 Cosmos market cap – $3.5 billion Cosmos circulating supply – 286.3 million Cosmos Coinmarketcap ranking – #22 ATOM/USD Market Key Levels: Resistance levels: $15.0, $16.0, $17.0 Support levels: $10.0, $9.0, $8.0 Buy Cosmos Now Your capital is at risk ATOM/USD is currently heading towards a downtrend as the sellers dominate the entire crypto landscape. At the time of writing, the Cosmos price is hovering below the 9-day and 21-day moving averages , which may likely touch the nearest support at $11.00. More so, the technical indicator has remained bearish as the Relative Strength Index (14) moves to cross below the 40-level. Cosmos Price Prediction: ATOM Price May Create More Supports As the daily chart reveals, the Cosmos price heads to the downside, the best the bulls c...

Storj Price Prediction: STORJ Trends Higher Over the Baseline

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Join Our Telegram channel to stay up to date on breaking news coverage Storj (STORJ) Price Prediction – October 8 In the recent trading operations between Storj and the US fiat currency, the price moved in variant modes, showcasing lower lows that have produced a new directional manner which causes the crypto market to trend higher over the baseline drawn . The $0.4377 and $0.583 value lines are the points the market has featured in the last thirty days. And it keeps its trading value around $0.4860 at an average of 7.50%. STORJ Price Statistics: STORJ price now – $0.4860 STORJ market cap – $201.03 million STORJ circulating supply – 412.94 million STORJ total supply – 425 million Coinmarketcap ranking – #134 Storj (STORJ) Market Key Levels: Resistance levels: $0.60, $0.65, $70 Support levels: $0.40, $0.35, $0.30 STORJ/USD – Daily Chart The STORJ/ daily chart showcases the crypto price trends higher over the baseline drawn underne...