Author: Sollcrypto
Bitcoin price is consolidating gains above the $69,000 support zone. BTC must clear the $71,500 resistance zone to start a steady increase. Bitcoin price maintains support level. Bitcoin price sustained its positive stance above the $68,800 resistance zone, ascending past the $70,000 resistance. However, resistance stiffened around the $71,500 mark as bears became active. Despite multiple attempts by bulls to breach the $71,500 level, they were unsuccessful. This led to a downward correction, with the price testing support at $68,400. A low point was established at $68,366, initiating a gradual uptrend. As the price rebounded, it surpassed the 23.6% Fibonacci…
The price of Bitcoin is consolidating its gains above the critical $70,000 resistance zone. There’s potential for another rally if Bitcoin manages to surpass the immediate obstacle at the $71,500 mark. Bitcoin’s price has maintained a positive trajectory above the $66,500 level, currently trading above $70,000 and the 100-hourly Simple Moving Average (SMA). On the hourly chart of the BTC/USD pair from Kraken, a significant bullish trend line is taking shape, with support positioned around $68,500. Should Bitcoin successfully breach the resistance zone at $71,500, it could pave the way for another upward movement in the near term. Bitcoin’s strength…
Ethereum price is showing positive signs above the $3,550 zone. ETH must clear the $3,680 resistance to continue higher in the near term. The uptrend for Ethereum’s price persists. The Ethereum price has surged past the $3,500 resistance barrier once again. Bullish momentum propelled ETH above $3,580, mirroring Bitcoin’s movement. Furthermore, Ethereum surpassed the $3,650 resistance area, reaching a peak at $3,680, but subsequently underwent a corrective pullback. Despite dipping below $3,600, the price remains above key support levels. Specifically, it retraced below the 23.6% Fibonacci retracement level of the recent upswing, stretching from the $3,302 low to the $3,680…
Bitcoin price is rising and now trading above $70,000 resistance zone. BTC could continue to rise toward the $73,000 and $75,000 levels in the near term. Bitcoin’s Price Begins Rising Again The Bitcoin price demonstrated resilience, maintaining stability above the $65,000 resistance zone. It surged beyond the $67,500 and $68,000 resistance thresholds, with bullish momentum propelling it above $68,800 and eventually $70,000. Reaching a new weekly peak near $71,217, the price is presently consolidating its gains. Currently, it hovers near the 23.6% Fibonacci retracement level of the upward swing from the $66,810 low to the $71,217 high. Bitcoin remains above…
After a cryptic teaser reminiscent of a glitch earlier today, Notcoin has officially announced the termination of its “mining phase” in the game, effective April 1. However, this unexpected occurrence has left more questions than answers: Will April 1 mark the long-awaited airdrop for Notcoin players? Or is the Notcoin team teasing an elaborate April Fools’ prank aimed at its massive player base of over 30 million users? Notcoin, a wildly popular clicker game on Telegram, has engaged millions of players in tapping a coin graphic on their phone screens to earn in-game currency. Initially, it remained uncertain whether these…
In a recent video update, crypto strategist Kevin Svenson, followed closely by 74,100 YouTube subscribers, suggests that Bitcoin (BTC) could be nearing the end of its current correction and preparing for another upward movement. Svenson points to a bullish technical pattern on the lower time frame, indicating the potential for a momentum shift. According to Svenson, Bitcoin has the opportunity to form a higher low around $64,800 on the four-hour chart. This formation resembles an inverse head and shoulders pattern, signaling a potential reversal in momentum, an uptick in demand, and a short-term trend reversal. Traders frequently keep an eye…
Ethereum price is attempting a fresh increase wave above the $3,400 zone. ETH must clear the $3,580 resistance to continue higher in the near term. Ethereum price sets its sights on a new upswing. Ethereum’s price demonstrated stability above the $3,250 support zone before initiating a fresh uptrend, similar to Bitcoin’s movement. The cryptocurrency surged past the $3,350 resistance level and continued its ascent above $3,400. Notably, it surpassed the 50% Fibonacci retracement level of the previous downward swing from $3,587 to $3,250. Furthermore, Ethereum broke through a significant bearish trend line with resistance at $3,400 on its hourly chart…
Asia’s business week began with significant gains in major cryptocurrencies, with the CD20 index surging by 5%. This surge can be partly attributed to the initiation of a global easing cycle, marked by the Swiss National Bank’s decision to reduce interest rates, making it the first major central bank to do so. As the Asia trading day commenced, the crypto market saw bullish momentum, fueled by optimism surrounding BlackRock’s venture into asset tokenization and the commencement of central bank easing worldwide. Bitcoin (BTC), the leading digital asset, recorded a 4.9% increase over the past 24 hours, trading at $67,300, while…
In a significant market development, Dogecoin (DOGE) has surged by over 8% today, establishing itself as one of the most lucrative cryptocurrencies within the past 24 hours. This sudden uptick has propelled DOGE to surpass Cardano in terms of market capitalization, elevating it to the eighth position among cryptocurrencies. The rise in DOGE’s price coincides with a recent announcement by Coinbase Derivatives, which has filed with the CFTC to introduce U.S. regulated futures for Dogecoin, Litecoin, and Bitcoin Cash. This regulatory step reflects a growing acceptance and integration of established cryptocurrencies like DOGE into traditional financial markets. It’s crucial to…
Litecoin Cash (LCC) is poised for significant growth, driven by upcoming partnerships and initiatives that could propel its price beyond $0.008 in the near future. By December 2024, this upward trajectory could see Litecoin Cash reaching $0.015, marking a substantial increase. Despite the inherent volatility of the cryptocurrency market, Litecoin Cash is anticipated to trade within a range of $0.0043 to $0.0064 throughout 2024. This resilience reflects the enduring appeal of cryptocurrencies that offer practical utility beyond mere speculative value. Litecoin Cash distinguishes itself by prioritizing transaction speed, cost efficiency, and robust security measures. These qualities position it as a…