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Bitcoin Attempts To Hold Rising Price Channel
BTCUSD
, 240
BTCUSD: Bitcoin Attempts To Hold Rising Price Channel

Bitcoin is down by a small 1.5% today after hitting resistance at $36,000. The cryptocurrency remains trading inside a short-term rising price channel as it battles to remain above the lower boundary. The cryptocurrency recently broke resistance at a descending trendline that dated back to the May highs. Bitcoin is down by a small 1.5% today as the coin...

ETH Attempts To Break June Falling Trendline And Turn Bullish
ETHUSD
, 1D
ETHUSD: ETH Attempts To Break June Falling Trendline And Turn Bullish

Ethereum is up 9% today as the cryptocurrency soars back above $2000 again. It is now testing the June falling trendline as it attempts to break the downtrend from the month. Against Bitcoin itself, Ethereum managed to rebound from support at ₿0.056 and is back above ₿0.061. What has been going on? Taking a look at the daily chart above, we can clearly...

Bitcoin Forms Double Bottom Pattern And Rebounds To $35K
BTCUSD
, 240
BTCUSD: Bitcoin Forms Double Bottom Pattern And Rebounds To $35K

Bitcoin is up by 5.5% today as the cryptocurrency returns to the $35K resistance. The cryptocurrency continues to hold support at $30K this weekend after forming a double bottom pattern. Bitcoin mining difficulty is set to undergo the most significant difficulty adjustment in its history among the mining fiasco in China. Bitcoin had another interesting...

ETH Continues To Struggle In Regaining $2,000
ETHUSD
, 1D
ETHUSD: ETH Continues To Struggle In Regaining $2,000

Ethereum is down by a strong 18% this week as it continues to trade beneath $2000. The cryptocurrency did manage to meet support at $1,900, provided by the 200-day MA level. Against Bitcoin itself, Ethereum is now trading at ₿0.056, provided by the .5 Fib Retracement. Ethereum is down by a strong 18% over the past week as it loses ground at $2,000 and...

BTC Starts Short-Term Rebound But Finds Resistance At $35K
BTCUSD
, 240
BTCUSD: BTC Starts Short-Term Rebound But Finds Resistance At $35K

Bitcoin is up by a small 4.4% today as it currently battles with resistance around $35K. The number one ranked cryptocurrency put in the first “Three White Soldiers” pattern since the May capitulation - three consecutive bullish candles. Despite the rebound, BTC still has very strong resistance ahead at $42K Bitcoin is up by 4.4% today as the...

Tron Price Analysis: TRX Surges 16% After Finding $0.5 Support
TRXUSDT
, 1D
TRXUSDT: Tron Price Analysis: TRX Surges 16% After Finding $0.5 Support

Tron is up by a strong 16% today as the cryptocurrency bounces from $0.05 and hits $0.0648. Despite the strong rebound, TRX is still trading beneath the 200-day moving average price. Against Bitcoin, Tron found solid support at 156 SAT (.618 Fib Retracement) and has since bounced back toward 200 SAT. What has been going on? Taking a look at the daily...

SOL Rebounds By 30% As Buyers Reclaim $30 Support
SOLUSDT
, 1D
SOLUSDT: SOL Rebounds By 30% As Buyers Reclaim $30 Support

Solana surged by a very strong 30% over the past 24 hours of trading as it reclaims the $30 handle. The cryptocurrency has been falling since hitting resistance at $42.50 in early June and spiked as low as $20 in yesterday’s market crash. The recovery has been quite impressive for SOL and is currently the strongest performing top-50 ranked cryptocurrency...

BTC 24 Hour Rollercoaster Might Have Shifted Sentiment
BTCUSD
, 240
BTCUSD: BTC 24 Hour Rollercoaster Might Have Shifted Sentiment

Bitcoin has been on a rollercoaster trading period this 24-hours after the cryptocurrency dropped by a steep 16% yesterday from a high of $33,350 to a low of $28,800. By the end of the day, the bulls had regrouped and pushed BTC back above $30,000 to close the daily candle above $31,000. It was a quick recovery, and Bitcoin only spent a total of 2 hours beneath...

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