Bitcoin_Analyzer

Bitcoin_Analyzer

Past Performance of Litecoin Litecoin prices, like BTC's, are consolidating. For LTC, the coin has resistance at $95 with support at $87, as defined by the bull bar of March 23. Besides $87, the middle BB is a dynamic support level defining the uptrend. Therefore, as prices move horizontally, the uptrend remains unless there are sharp losses confirming the losses...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin prices are drab when writing, confined within a tight trade range at around $28k. This is despite the primary trend being bullish. As it is, traders should wait for a clear trend definition before aligning with the emerging trend. Until there is a sharp, high volume close above $29k, bears might flow back and press prices...

Bitcoin_Analyzer

Past Performance of ETHBTC After underperforming Bitcoin throughout Q1 2023, dropping roughly 20% in three months, the tide is beginning to change. ETH buyers are in control when writing, checking the performance in the daily chart. As it is, ETH is up 10% from March lows. At this pace, and with ETH prices breaking out versus Bitcoin, traders can look to add to...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin prices remain firm at spot rates but flat in lower time frames. Even though traders are upbeat, wanting BTC to push higher to new territories, the coin's failure to break above immediate resistance lines is challenging. The coin has a liquidation line at $29k, marking March highs. On the lower end, support is at around $26.6k,...

Bitcoin_Analyzer

Past Performance of Monero Monero prices are firm, adding roughly 20% from March 2023 lows. At spot rates, prices are lower but tracking higher even though it is defined by the bear bar of March 27. On the upside, XMR has resistance at $165 while support lies at $150, marking the bearish engulfing bar's low. #Monero Technical Analysis From an effort versus...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin prices are volatile when writing and within a consolidation defined by a rising channel with mixed bars and tapering upside momentum. The overall trend, from the medium to long term, is bullish. This could change should there be a sell-off confirming bears of early this week. The uptrend remains provided prices are trending...

Bitcoin_Analyzer

Past Performance of Ripple The uptrend remains when writing, but XRP is down, retracing from recent peaks at $0.58. There are fundamental drivers behind this leg-up. Whether Ripple, the company, will emerge victorious, XRP could float to as high as $0.70 in the weeks ahead. For now, XRP is recoiling from a key reaction point, and there needs to be a push higher...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin prices are relatively steady when writing, tethered to $28k, but the uptrend remains. Even though buyers are upbeat, the failure of buyers to push above the immediate resistance level at $29k is a concern. As laid out before, whether BTC will rally or dump depends on the reaction at $29k, marking Q1 2023 highs; and $26.6k in...

Bitcoin_Analyzer

Past Performance of BNB BNB prices might have a strong Q1 2023, adding 55%, but the coin remains under pressure. Trackers reveal that it is down 5% in the last week of trading but relatively steady in the past 24 hours. Even though the uptrend remains, the coin is under immense liquidation pressure from the daily chart. The immediate resistance level is around...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin prices are firm, at least from the top-down preview. However, in the immediate term, the coin is struggling to cover more ground. From the daily chart, there are lower lows relative to the upper BB, suggesting waning upside momentum. For the uptrend to remain, the coin should rally above $29k. On the lower end, losses below...

Bitcoin_Analyzer

Past Performance of Tezos Tezos remains under pressure despite bullish network enhancement. On March 30, bears quickly wiped out gains of March 29, swinging price action back to bearish territory. As it is, XTZ is down 12 percent from March highs and 24% from February highs. Based on the XTZ candlestick arrangement, the coin has support at $1.06 but is within a...

Bitcoin_Analyzer

Past Performance of Bitcoin After temporarily floating above $29k, registering Q1 2023 highs at around $29.1k, Bitcoin prices shrunk yesterday. At the end of the day, there was a long upper wick pointing to intense liquidation in lower time frames. At spot rates, BTC is below $28k but within the March 29 trade range, a development that can support prices. ...

Bitcoin_Analyzer

Past Performance of Bitcoin Earlier today, Bitcoin broke above the recent consolidation, reaching Q1 2023 highs of around $29.1k. The leg up was in confirmation of yesterday's rejection of bears, a net positive for optimistic bulls. As it is, traders can search for entries on every attempt lower towards March 29 lows with targets at $30k and $32k. #Bitcoin...

Bitcoin_Analyzer

Past Performance of Litecoin Litecoin remains bullish, looking at the performance in the daily chart. Even though the immediate trend favors sellers, prices are defined by the bull bar of March 23. Buyers have the upper hand from an effort versus result perspective. Still, for uptrend confirmation, LTC must break above $95 and, ideally, $120. #Litecoin...

Bitcoin_Analyzer

Past Performance of Uniswap There are lower lows in the daily chart. However, what's evident is that buyers have the upper hand, rebuffing attempts to push UNI lower. As it is, the immediate support is at $5.3, flashing with March 12 lows. In the days ahead, it will be critical to observe how prices will react at the top of the current consolidation at around...

Bitcoin_Analyzer

Past Performance of Bitcoin Bitcoin prices are mostly stable when writing, looking at the general performance in the daily chart. Even though the coin has been under pressure in recent days, the failure of bears to push harder on March 28 means buyers have a chance. Still, how prices react between $26.6k and $29k would shape the coin's short to medium term...

Bitcoin_Analyzer

Past Performance of Monero Monero is under pressure, dropping five percent in the last trading day. From the daily chart, XMR is reacting strongly from last week’s highs at around $165. After a spinning tops formation, the coin retraced yesterday, printing a bearish engulfing pattern, signaling weakness. Based on this, there could be a confirmation today, heaping...

Bitcoin_Analyzer

Past Performance of Bitcoin On March 27, Bitcoin prices fell below the rising channel, retesting $26.6k and last week’s lows. Even though the primary trend remains northwards, the upward momentum is tapering, and sellers are likely to press lower in the days ahead. As it is, traders can watch closely whether prices will dump, aligning with the losses of March...