breakout

Bitcoin Records Highest Monthly Close Ever, What’s Next for BTC?

Source Node: https://www.coinbureau.com/news/bitcoin-records-highest-monthly-close-ever-whats-next-for-btc/
Time Stamp: November 1, 2021 10:52 AM - Modified On: November 1, 2021 - Published By:
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Republished By Plato

Bitcoin closed the month of October at $61,343, which is its highest monthly close ever recorded. As Bitcoin Archive notes on Twitter, all-time high monthly closes are quite often a sign of more strength to come.  Bitcoin’s closing price was roughly 3% away from analyst PlanB’s floor price prediction of $63,000, though that level was already hit earlier in the month. PlanB is now shooting for $98,000 in November, or about a 58% gain over the next 30 days.  Some analysts are looking to previous bull markets to forecast what’s

Ripple Price Prediction: XRP/USD Touches $1.171 Resistance

Source Node: https://insidebitcoins.com/news/ripple-price-prediction-xrp-usd-touches-1-171-resistance
Time Stamp: October 6, 2021 1:27 PM - Modified On: October 6, 2021 - Published By:
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Republished By Plato

Ripple Price Prediction – October 6 The Ripple price is improving as the coin is now facing up in an intraday zone above the moving averages. XRP/USD Market Key Levels: Resistance levels: $1.30, $1.35, $1.40 Support levels: $0.85, $0.80, $0.75 XRPUSD – Daily Chart XRP/USD is now hovering above the 9-day and 21-day moving averages amid global recovery on the cryptocurrency market. The Ripple price keeps improving as the coin touched the intraday high at $1.171 level. At the time of writing, XRP/USD is still warming up to gain more

Bitcoin (BTC) Reclaims $43,000 After Short-Term Pump

Source Node: https://beincrypto.com/bitcoin-btc-reclaims-43000-after-short-term-pump/
Time Stamp: September 30, 2021 4:30 AM - Modified On: September 30, 2021 - Published By:
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Republished By Plato

Bitcoin (BTC) increased slightly on Sept 29 but failed to sustain its upward movement. However, it moved above $43,000 on Sept 30 before dropping back slightly.Sponsored Sponsored BTC has broken out from a short-term descending resistance line and is in the process of moving towards the next closest resistance area. BTC attempts to reclaim resistance BTC is currently attempting to move above the $44,000 area, which previously acted as support but has now turned to resistance. Sponsored Sponsored Technical indicators in the daily time frame are showing some bullish signs, such

Five Biggest Altcoin Gainer Showcase — Sept 19-26

Source Node: https://beincrypto.com/five-biggest-altcoin-gainer-showcase-sept-19-26/
Time Stamp: September 27, 2021 6:36 AM - Modified On: September 27, 2021 - Published By:
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Republished By Plato

BeInCrypto breaks down the five biggest altcoin movers and shakers from the previous week. Will their momentum continue this week?Sponsored Sponsored The five altcoins that increased the most last week were:  Celer Network (CELR) : 96.76%COTI (COTI) : 47.74%XDC Network (XDC) : 40.08%Ren (REN) : 38.10%Terra (LUNA) : 21.34% CELR CELR has been increasing since breaking out from the $0.093 resistance area on Sept 15. While it deviated below the area (red circle) on Sept 21, it resumed its upward movement at an accelerated rate afterward. Sponsored Sponsored This led to an

TA: Ethereum Regains Strength, Why $3,200 Is The Key For More Upsides

Source Node: https://www.bitcoinnewsminer.com/ta-ethereum-regains-strength-why-3200-is-the-key-for-more-upsides/
Time Stamp: September 27, 2021 1:38 AM - Modified On: September 27, 2021 - Published By:
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Republished By Plato

Ethereum started a steady increase above $3,000 against the US Dollar. ETH price must clear the $3,200 to continue higher in the near term. Ethereum started a strong increase from the $2,750 support zone. The price is now trading above $3,000 and near the 100 hourly simple moving average. There was a break a major declining channel with resistance near $2,925 on the hourly chart of ETH/USD (data feed via Kraken). The pair must surpass $3,175 and $3,200 to continue higher in the near term. Ethereum Price Is Gaining Momentum

The best call in the Chainlink market right now is…

Source Node: https://ambcrypto.com/the-best-call-in-the-chainlink-market-right-now-is/
Time Stamp: September 24, 2021 6:30 AM - Modified On: September 24, 2021 - Published By:
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Republished By Plato

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Chainlink was in recovery mode after shedding 36% of its value from mid-September. An up-channel formed over the last few days as bulls attempted to lift the market from its recent lows. However, sellers still had the upper hand as LINK traded below key Fibonacci levels. A 12% sell-off was even threatened by the formation of a bearish flag on LINK’s daily chart. To overcome these challenges, LINK needs

Bitcoin (BTC) Attempts to Reclaim Crucial $44,000 Level

Source Node: https://beincrypto.com/bitcoin-btc-attempts-toreclaim-44000-level/
Time Stamp: September 24, 2021 4:41 AM - Modified On: September 24, 2021 - Published By:
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Republished By Plato

After increasing considerably since Sept 21, Bitcoin (BTC) is in the process of reclaiming the $44,000 horizontal area.Sponsored Sponsored BTC is trading inside the upper portion of a descending parallel channel, from which a breakout is likely. However, it’s also facing short-term resistance. BTC attempts to reclaim support On Sept 22, BTC created a bullish engulfing candlestick after bouncing at the 0.5 Fib retracement support level at $40,800.Sponsored Sponsored It resumed its ascent the next day and has moved above the $44,000 area. The area previously acted as support and

Litecoin: Is it time for the market’s buyers to take a breather yet

Source Node: https://ambcrypto.com/litecoin-is-it-time-for-the-markets-buyers-to-take-a-breather-yet/
Time Stamp: September 2, 2021 9:30 AM - Modified On: September 2, 2021 - Published By:
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Republished By Plato

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Like most of its counterparts, Litecoin noted an increase in value on the back of Bitcoin’s push above $50k. The alt, which historically shares a strong correlation with the king coin, lined up seven straight green candles on the 4-hour timeframe. This was last seen in late May after Litecoin rallied from a near 4-month low. However, a resistance zone seemed to have the potential to trigger the next

Monero: Watch out for this key development before taking a position

Source Node: https://ambcrypto.com/monero-watch-out-for-this-key-development-before-taking-a-position/
Time Stamp: September 2, 2021 7:30 AM - Modified On: September 2, 2021 - Published By:
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Republished By Plato

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Monero has traded within the confines of a descending channel for over a week now. A broader market rally seems to have been the missing catalyst in the XMR market as the price attempted to break north of its upper trendline. However, a few conditions have to be met first before a blowout can be expected. At the time of writing, XMR was trading at $306.16, up by 6%

Top-10 Aspiring Altcoins to Watch in September

Source Node: https://beincrypto.com/top-10-aspiring-altcoins-watch-september/
Time Stamp: September 2, 2021 6:12 AM - Modified On: September 2, 2021 - Published By:
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Republished By Plato

This article will take a look at ten cryptocurrencies that have interesting developments lined up for the month of September, which could also have a positive effect on their price.Sponsored Sponsored Cardano (ADA) Current Price: $3.03Market Cap: $91 BillionMarket Cap Rank: #3 Cardano was founded in 2017 by Charles Hoskinson, who is also a co-founder of Ethereum (ETH). It is a proof-of-stake platform, whose native token is ADA. It is one of the biggest blockchain platforms to utilize the proof-of-stake instead of the proof-of-work consensus. The Alonzo testnet was launched

Bitcoin (BTC) Breaks Out Towards $51,200 Resistance

Source Node: https://beincrypto.com/bitcoin-btc-breaks-out-towards-51200-resistance/
Time Stamp: September 2, 2021 4:50 AM - Modified On: September 2, 2021 - Published By:
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Republished By Plato

Bitcoin (BTC) broke out from a descending parallel channel on Sept 1 and is attempting to move above the $51,200 horizontal resistance area.Sponsored Sponsored Due to mixed readings from technical indicators, we cannot accurately determine if BTC will be successful in breaking out the first time. However, an eventual breakout is likely. Short-term breakout BTC had been trading inside a descending parallel channel since Aug 29. Such channels usually contain corrective structures. Sponsored Sponsored After sweeping the lows on Sept 1, BTC broke out later during the day. So far, it

Mapping out how Cardano’s next attempt to breach $3 might go

Source Node: https://ambcrypto.com/mapping-out-how-cardanos-next-attempt-to-breach-3-might-go/
Time Stamp: August 27, 2021 4:30 PM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Cardano has seen a healthy correction after a near 200% surge from its July lows. On the dip, ADA’s May ATH of $2.64 marked an ideal entry point for bullish traders and the charts recorded northbound momentum once again. On the downside, it was doubtful whether ADA would be able to sustain another bull run without a stronger correction. The RSI was close to the overbought zone and the