


Bitcoin_Analyzer
Past Performance of Chainlink Chainlink is in a broad range, trading inside a $3 range with recent highs posted in February. As the token picks up momentum in March, prices are still limited to the upside, trending below $8.2. It will require bulls to push above last week's consolidation and $7.6 for a new trend to emerge. #Chainlink Technical Analysis...
Past Performance of Bitcoin Bitcoin is mostly stable, inside a narrow rising range per the development in the daily chart. The uptrend remains as long as prices are within the rising channel and above $26.6k. Even so, BTC is below $28k, and trading volumes are dropping. Still, buyers are optimistic, expecting more gains in the days ahead. #Bitcoin Technical...
Past Performance of Dogecoin Dogecoin remains under pressure. Even though it is up roughly 10% in the last trading week, it remains within a bear formation with caps at $0.078. The good news is that DOGE prices are above the middle BB and steady above $0.070. Still, for the uptrend to take shape, there must be a conclusive high volume close above $0.078 in the...
Past Performance of Bitcoin Bitcoin prices are steady at spot rates, and the uptrend remains. After contractions on March 22, the recovery yesterday has been noteworthy. Specifically, BTC is inside a rising channel with caps on the upside at $29k. Meanwhile, the uptrend will be so as long as prices are inside or above the range defined on March 17. Support is at...
Past Performance of Litecoin Litecoin remains firm at spot rates. Even though bulls failed to follow through and push the coin above the current consolidation, the uptrend remains, considering their push yesterday. The immediate resistance remains at $90, marking the top of the current expanding wedge. #Litecoin Technical Analysis Despite recent gains, bulls...
Past Performance of Bitcoin Bitcoin is trading lower at spot rates, contracting from recent peaks, and slowing after yesterday’s news. Fundamental factors appear to be capping the uptrend, forcing the coin lower, a retracement expected after strong gains. From the daily chart, BTC has support at February highs, and buyers need to break above the current...
Past Performance of ETHBTC Bitcoin bulls are in the driving seat, adding 12% versus ETH, looking at the candlestick arrangement in the daily chart. Notably, the coin is within a breakout formation, forcing ETH back below October 2022 lows. As it is, BTC bulls can continue looking for entries on every attempt higher towards resistance at 0.066 BTC, targeting 0.058...
Past Performance of Bitcoin Bitcoin's march higher continues as of writing. From the daily chart, BTC buyers continue to step up their accumulation, pushing prices higher. BTC may extend their gains, building on recent progress, in continuation of the bullish breakout formation above February highs. The next feasible target stands at $32k. #Bitcoin Technical...
Past Performance of Synthetix Synthetix prices are firm, adding roughly 45% from last week's lows. Though prices are inside a bull flag, buyers are determined to press on. In the short term, resistance remains at around $3.3. Any surge above this reaction line may see the token break higher, printing new 2023 highs in continuation of buying pressure from Q4...
Past Performance of Bitcoin Bitcoin remains in an uptrend, reading from the performance in the daily chart. Even though there was a contraction on March 20, forcing the coin below $28k, buyers are still in control. As it is, BTC will be bullish, provided prices are above $25k and February 2023 high. #Bitcoin Technical Analysis Buyers are confident, and traders...
Past Performance of Ethereum Like the rest of the crypto market, Ethereum is in a firm uptrend. As an illustration, the coin is up roughly 70% from November lows, breaking above February highs. Technically, buyers are in control, and the bullish formation remains as long as ETH trends above $1.75k. #Ethereum Technical Analysis Ethereum is solid at spot rates,...
Past Performance of Bitcoin Bitcoin is firm at spot rates, up 25% week-to-date, and trading at highs above August 2022 highs. With the trend defined and bulls determined, traders can continue looking for entries to double down, targeting $30k and $32k in the coming days. #Bitcoin Technical Analysis The path of least resistance is northwards, and bulls are...
Past Performance of Bitcoin Bitcoin prices are firm at spot rates and trading volumes are relatively high, supporting the uptrend. Following today’s gains, bulls successfully pushed above February highs and broke from the consolidation, trading above $25.3k. This is an assurance for traders and sets the foundation for another leg up towards $28k or better in the...
Past Performance of DASH Following steep losses on March 15, DASH remains under pressure. The short-term trend is bearish, and prices are inside a bull flag. For this to change, prices must break above the descending channel, piercing above $60 with increasing participation. #DASH Technical Analysis DASH is within a bear formation at spot rates. As it is,...
Past Performance of Uniswap On March 15, UNI prices fell 10%, swinging back to bearish territory and reversing gains of early this week. The downtrend remains, and the token is within a bull flag with support at around $5.5, flashing with last week's lows. #Uniswap Technical Analysis The uptrend is valid at spot rates. However, for buyers to stem recent...
Past Performance of Bitcoin Bitcoin is stable at spot rates, up 10% in the last week of trading. Although prices contracted on March 15, the uptrend is valid. There are high odds of BTC rallying, retesting $26k in a buy trend continuation formation. In the short term, traders should watch how prices react. Even if there is a retracement, but prices are inside the...
Past Performance of Ripple Ripple prices remain suppressed, as visible in the daily chart. Although there are gains, buyers are not fully in control. The overall trend is upward from the XRP candlestick arrangement from December to January 2023. Nonetheless, the coin is currently within a bull flag, as has been the case after XRP peaked in January. The lower lows...
Past Performance of Bitcoin The expansion of Bitcoin to spot rates has been encouraging. The coin temporarily rose above February highs to print new Q1 2023 prices. Although the coin is now lower, the uptrend remains, and traders might look for longs on dips on every retracement. Noticeably, the March 14 bar is with increasing volumes pointing to participation, a...