Technical Analysis
Bitcoin Struggles Near $60K; Short-Term Support Around $58K
Bitcoin struggled near $60K again; support is nearby around $58K as buyers take some profit.
XRP's Price Can Go ‘Boatload’ Higher: Veteran Analyst Peter Brandt
XRP has rallied by over 50% so far this week, for a market value of $37 billion.
Bitcoin Holds Support; $60K Resistance Within Reach
BTC is attempting to break above a series of lower price highs since April 1, which suggests buyers are gaining strength as sellers retreat.
Ether’s Record Run Came With Less Support Than Bitcoin’s, Blockchain Analysis Shows
Philip Gradwell of Chainalysis said on CoinDesk TV that “relatively little” ether was bought above $1,850 and even less was bought at $2,000 or above.
This Indicator Suggests Bitcoin Is Overdue for a Big Price Move
Bitcoin may be building for a big move as price volatility hits four-month low.
Bitcoin Drifts Lower; Support Around $54K-$55K
Bitcoin buyers and sellers are in a stalemate as oversold rallies have been limited on intraday charts.
Bitcoin Still Has Support From Long-Term Uptrend, Says Technical Analyst Katie Stockton
Despite short-term volatility, bitcoin's uptrend remains intact. And some traders could be shifting to altcoins.
Bitcoin Weakens Amid Slower Volume; Support Around $54K
Volume has significantly slowed over the past two weeks, which is typical of a consolidation phase and could lead to sharp price moves.
Bitcoin Rangebound With Support Near $57,900
BTC continues to consolidate, although selling pressure remains limited to rising support levels on intraday charts.
Bitcoin Awaits Institutional Demand for Next Leg Higher, Oanda Says
Bitcoin's intraday rally follows a near 36% rise over the past month as traders look to institutional demand to fuel further upside.
