Bitcoin_Analyzer

Bitcoin_Analyzer

Past Performance of Litecoin Litecoin is up 24% in the past three days, tracking higher, and aligning with the primary trend. Buyers are in control, bottoming from recent lows, a bullish development for holders. In the short term, the coin has support at $65. Meanwhile, resistance lies at around $90. #Litecoin Technical Analysis The path of least resistance...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin is up 24% in four days as bulls emphatically reversed last week's losses, shaking off bears. With the explosion from crucial support, the path of least resistance appears northwards. Notice that the recent leg up is with expanding volumes, a net positive for holders. #Bitcoin Technical Analysis Buyers are in control, and...

Bitcoin_Analyzer

Past Performance of Monero Like Bitcoin, the selloff in Monero was steep. However, the coin is higher at spot rates but capped below the dynamic resistance line, the middle BB. From the XMR candlestick arrangement, the primary support is at $130, which is the 78.6% Fibonacci retracement level. #Monero Technical Analysis The path of least resistance, at least...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin is higher at spot rates, adding roughly 13% in the past two days. For this development, buyers are back in charge and bulls have reversed last week’s losses. Still, it is important to note that in less than two weeks, BTC is down over 15% despite buyers being dominant from a top-down preview. #Bitcoin Technical Analysis...

Bitcoin_Analyzer

Past Performance of Litecoin Litecoin is down roughly 40% from February highs, looking at the arrangement in the daily chart. The trend is established, and the path of least resistance is southwards. Bears have been resilient, following losses below $90 in early March, aggressively dumping on every pullback. #Litecoin Technical Analysis The immediate trend is...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin is down 11% in the past week of trading and is trailing the USD by 8% in the last day. Sellers are squarely in control at spot rates, and the coin might drop even lower in subsequent sessions. With the immediate trend defined and sellers within a bear breakout formation, every attempt higher towards the $21.5k resistance zone...

Bitcoin_Analyzer

Past Performance of AAVE AAVE is bearish at spot rates, trading below a critical support line, now resistance. Currently, the token is down 23% from February highs and under pressure. Notably, buyers are yet to reject attempts lower. Instead, prices are inching lower, even riding the lower BB. #AAVE Technical Analysis The immediate resistance is at $76,...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin is weak at spot rates. Despite steep selling pressure, BTC is holding on. The coin is down 14% from peaks and likely to slip even lower, retesting February 2023 lows at around $21.5k. This is a critical support line that buyers must watch out for. If lost, the coin could tank toward the $20k level or worse. #Bitcoin Technical...

Bitcoin_Analyzer

Past Performance of Monero Monero might be up roughly four percent from last week's lows but has found resistance at the middle BB. The bear bar of March 7 reversed losses posted on Monday, slowing down bulls. Even so, the primary trend, reading from the performance from the end of January, is bearish. XMR has support at around $140. #Monero Technical Analysis...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin is fragile at spot rates and may slump, registering even more losses in the days ahead. After yesterday's volatility, there was a spike in participation. At present rates, prices are down from the recent range meaning sellers are in control. #Bitcoin Technical Analysis The path of least resistance is southwards, and the coin...

Bitcoin_Analyzer

Past Performance of Polkadot Polkadot is steady at spot rates but remains pinned within a bear range defined by the end of last week's wide-ranging candlestick. The trend will shift unless there is a high volume expansion from spot rates, thrusting the coin above $6.7. Therefore, unless there are changes, how DOT reacts at the $5.8 support would shape the...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin continues to spin horizontally, within a bear formation, and technically under pressure. For the third consecutive day, bulls failed in their attempt to push higher, reversing losses of March 3. Per the candlestick arrangement in the daily chart, traders can look to short on every high below $22.8k, targeting short-term...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin prices were unmoved over the weekend and relatively uneventful. As a demonstration, prices remain inside a 3% range as the bears tower over bulls. The short-term trend remains bearish, and the path of least resistance is southwards. This preview is valid if prices are below the middle BB and $22.8k. #Bitcoin Technical...

Bitcoin_Analyzer

Past Performance of Polygon Polygon prices more than double from January to February. MATIC rose 108% from December lows and remains within a bullish formation despite recent losses. From the daily chart, MATIC is down 30% from February peaks and likely to post even more losses in sessions ahead. #Polygon Technical Analysis Polygon prices fell over the...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin is down at spot rates, crashing below the consolidation as sellers step up. After earlier confidence, it is evident sellers have the upper hand per the formation in the daily chart. At present, the coin is trading below $22.8k, mirroring losses of February 24. #Bitcoin Technical Analysis The bear bar of March 3 defines the...

Bitcoin_Analyzer

Past Performance of ETHBTC ETH buyers have the upper hand, per the price action in the daily chart. After gains of mid this week, bulls failed to push higher on March 2. Nonetheless, as long as the immediate support holds, buyers can extend recent gains, reversing losses posted in January. #ETHBTC Technical Analysis Technically, buyers are in control, at least...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin remains in an uptrend in the medium term but is in a consolidation in the immediate term. Even though there were gains on March 1, bulls didn’t push higher to break above $24.1k. From the daily chart, prices are still within the bear bar of February 24 and bearish in the short term. Unless there is a convincing breakout, there...

Bitcoin_Analyzer

Past Performance of BNB Like the rest of the crypto markets, BNB remains under pressure. The coin is down roughly 11% from February peaks and could trickle even lower in the days ahead. BNB’s slide might continue in the short term unless prices swing above the middle BB. #BNB Technical Analysis There are two levels of resistance limiting BNB bulls’ progress....