Symmetrical Triangle

Shiba Inu Leads the Pack — Top Altcoin Gainers of October 2021

October was a very bullish month for cryptocurrencies. Bitcoin (BTC) increased by 32% and reached a new all-time high price on Oct 20 and six altcoins increased by triple digits, led by Shiba Inu (SHIB).Sponsored Sponsored The ten altcoins that increased the most during the month of October were: Shiba Inu (SHIB): 1005%Secret (SCRT): 350%Frax Share Price (FRX): 224%Fantom (FTM): 190%Curve DAO Token (CRV): 120%Harmony (ONE): 100%1Inch (1INCH): 97%Near Protocol (NEAR): 79%Thorchain (RUNE): 75%Axie Infinity (AXS): 67% SHIB SHIB has been moving upwards since the beginning of October. It has

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

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

Bitcoin Stumbles on Approach to Yet Another All-Time High

The Bitcoin (BTC) price reached a new all-time high on Dec. 1 but was not able to sustain the increase and has dropped back slightly since. However, the price movement suggests that Bitcoin will soon make yet another attempt at breaking out, though a short-term correction could occur prior.   Bitcoin All-Time High Resistance The weekly chart shows that BTC is trading very close to a long-term resistance area, created by the all-time highs near $19,600. Last week, BTC created a hanging man candlestick, which is commonly considered a bearish

Cardano (ADA) Breakout Could Mean New Yearly Highs on the Horizon

The Cardano (ADA) price has been rejected by a long-term resistance level at $0.17. It has not reached a long-term close above this resistance since June 2018. As long as Cardano is trading inside this bullish structure, it is expected to break out and eventually be successful in finally moving above this resistance zone.   Long-Term Cardano Levels The ADA price has been increasing since March. It moved above the $0.095 resistance area in June, reaching a high of $0.171 before dropping in order to validate the $0.095 area as

Cardano, EOS, Dash Price Analysis: 10 August

Cardano, EOS, and Dash, all seemed to be consolidating/range-bound, with their prices waiting to break out on the charts, at the time of writing. However, in the short-term time frame, all the aforementioned cryptos seemed to be expecting a short decline in the near-term.Cardano [ADA]Source: ADAUSD TradingViewCardano [ADA] no longer holds the eighth position on CoinMarketCap’s charts, with its position taken over by Litecoin [LTC]. At press time, ADA had a market cap of $3.7 billion, having registered a 2.15% decline over the last 24 hours. With Cardano’s PoS blocks

Crypto Price Analysis & Overview July 31st: Bitcoin, Ethereum, Ripple, Chainlink & VeChain

BitcoinBitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week.Bitcoin then went on to explode above $10,000 as it reached as high as $11,400 on some exchanges. The coin has struggled to break this resistance over the past 4-days and must overcome it for the bullish run to continue.Looking ahead, if the bulls can break resistance at $11,275, the ext target

Crypto Price Analysis & Overview July 31st: Bitcoin, Ethereum, Ripple, Chainlink & VeChain

BitcoinBitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week.Bitcoin then went on to explode above $10,000 as it reached as high as $11,400 on some exchanges. The coin has struggled to break this resistance over the past 4-days and must overcome it for the bullish run to continue.Looking ahead, if the bulls can break resistance at $11,275, the ext target