Bitcoin Dominance Rate (BTCD) Bounces at Long-Term Support

The Bitcoin dominance rate (BTCD) has created a double bottom at the long-term support area of 39.50%. There is bullish divergence. The post Bitcoin Dominance Rate (BTCD) Bounces at Long-Term Support appeared first on BeInCrypto.

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EGLD Sustains Bullish Trend With Bounce at Long-Term Support

Elrond (EGLD) has validated a long-term ascending support line for the sixth time. Technical indicators in the daily time-frame are bullish. The post EGLD Sustains Bullish Trend With Bounce at Long-Term Support appeared first on BeInCrypto.

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BNB Bounces And Reclaims Long-Term Support

Binance Coin (BNB) has been moving upwards since May 23 and has reclaimed the $330 support area.

The post BNB Bounces And Reclaims Long-Term Support appeared first on BeInCrypto.

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XRP Reclaims Support, EOS and TRX Look to Do the Same

XRP is trading inside a long-term descending parallel channel and has reclaimed the $0.90 horizontal area after bouncing. The post XRP Reclaims Support, EOS and TRX Look to Do the Same appeared first on BeInCrypto.

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Bitcoin (BTC) Consolidates Near Long-Term Support

The bitcoin (BTC) price temporarily stalled the ongoing correction with a bounce at a long-term Fib retracement support level. The post Bitcoin (BTC) Consolidates Near Long-Term Support appeared first on BeInCrypto.

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CRV Temporarily Stops Decrease, With Strong Bounce

Curve Dao Token (CRV) has been moving downwards since April 16, but has bounced at the long-term $1.24 support area, the 0.786 Fib level. The post CRV Temporarily Stops Decrease, With Strong Bounce appeared first on BeInCrypto.

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NFT Coins Work Towards Reversal, After Sizeable Bounces

Decentraland (MANA) has bounced at a long-term Fib support level but is still following a short-term descending resistance line. The post NFT Coins Work Towards Reversal, After Sizeable Bounces appeared first on BeInCrypto.

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SRM Completes Correction, After Consequential Drop

The token has bounced at the $2.70 long-term support area, but has yet to show any important bullish reversal signs. The post SRM Completes Correction, After Consequential Drop appeared first on BeInCrypto.

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LTC Gets Hit Hard by Correction — Will It Bounce?

While it has decreased since, it is still trading above long-term support, trying to initiate a bounce. The post LTC Gets Hit Hard by Correction — Will It Bounce? appeared first on BeInCrypto.

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Bitcoin Dominance (BTCD) Approaches May 2018 Support

The bitcoin dominance rate (BTCD) has been decreasing throughout the entirety of 2021 and is approaching a long-term support level at 39.5%. The post Bitcoin Dominance (BTCD) Approaches May 2018 Support appeared first on BeInCrypto.

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Bitcoin price fails to build $50K support as traders eye lower levels next

Time to buy or wait and see? Bitcoin may have further to fall, but long-term price trends are still intact.

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Bitcoin Dominance (BTCD) Drops to Lowest Levels Since 2018

The bitcoin dominance rate (BTCD) has fallen below numerous long-term support levels, reaching its lowest value since 2018. The post Bitcoin Dominance (BTCD) Drops to Lowest Levels Since 2018 appeared first on BeInCrypto.

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Altcoin Season Rages as Bitcoin Dominance (BTCD) Slides

The bitcoin dominance rate (BTCD) has fallen below two long-term support levels, resuming its descent that started in the beginning of the year. The post Altcoin Season Rages as Bitcoin Dominance (BTCD) Slides appeared first on BeInCrypto.

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What Changed in Crypto Markets While You Were Sleeping — April 29

Bitcoin update BTC has been increasing since bouncing on April 26. The bounce began at a strong support level between $46,900-$47,725. The support is created by the 0. 5 long-term Fib (orange) and 0.

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XMR Breaks Out Above Crucial Resistance — Targets New All-Time High

The Monero (XMR) price has broken out from a long-term resistance level and validated it as support afterwards. The post XMR Breaks Out Above Crucial Resistance — Targets New All-Time High appeared first on BeInCrypto.

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OMG Bounces at Support, LTC & XLM Reclaim Key Levels

Litecoin has reclaimed the long-term $220 resistance area. It is potentially in wave five of a bullish impulse. The post OMG Bounces at Support, LTC & XLM Reclaim Key Levels appeared first on BeInCrypto.

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TEZOS Bounces Above Long-Term Support

While XTZ is still trading above horizontal and diagonal support, the direction of the trend is unclear. Long-term XTZ drop On April 17, XTZ reached a new all-time high (ATH) price of $7. 67. However, it dropped shortly afterwards, creating a bearish doji candlestick.

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BTCD Drops Below Long-Term Support – How Long Will Altseason Continue?

BTCD has been decreasing since Dec. 2020 and has reached a long-term support level at 53%. The post BTCD Drops Below Long-Term Support – How Long Will Altseason Continue? appeared first on BeInCrypto.

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Dominance of Ethereum, XRP, and DOGECOIN has increased; here's what this means

As Bitcoin's price was on the down-low, BTC dominance has also been slipping to a historic level. As per data, Bitcoin dominance has broken its long-term support and reached levels last seen in 2018.

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IOTA Regains Footing in Anticipation of Chrysalis – Will THETA & IOST Follow?

The long-term $2. 52 resistance level has rejected IOTA (IOTA). However, it has begun to regain its footing. Iost (IOST) has bounced at the $0. 065 support area. Theta Token (THETA) THETA has been increasing parabolically since Feb.

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XMR Reaches Highest Price Since 2018

XMR could drop once more and validate the previous breakout level as support. Despite this, another upward movement and an eventual breakout are expected. Long-Term Levels For XMR On Feb. 19, XMR was rejected by the $289 resistance area, which is the 0.

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DeFi Tokens Retrace After Weekend Correction

Chainlink (LINK) is retracing after reaching a new all-time high price on April 16. Band Protocol (BAND) is trading above long-term support at $15. 30.   Curve Dao Token (CRV) CRV has been following an ascending support line since Jan.

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ADA Retraces After New All-Time High Price

Despite the drop, ADA has held above its previous diagonal and horizontal support levels. An eventual breakout is expected. Long-Term ADA Movement  On Feb. 27, ADA reached a then all-time high price of $0.

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Bitcoin Dominance (BTCD) Continues to Slip, Altcoins Flourish

In the long-term, the BTCD is expected to continue moving downwards until it reaches the 50% support level. Long-term BTCD trend The BTCD has been moving downwards since it reached a high of 71. 30% in December 2020.

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BTC, ETH, XRP, ADA, XTZ, SOL, TRX: Technical Analysis For April 6

Ethereum (ETH) is re-testing the previous all-time high as support.   XRP (XRP) is moving upwards and has nearly reached a long-term resistance level. Cardano (ADA) is trading inside a symmetrical triangle, from which a breakout is expected.

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ICX, EGLD & UMA: Technical Analysis For March 30

Icon (ICX) has broken out from a symmetrical triangle. It is expected to continue increasing at least until it reaches $3. 30. UMA (UMA) has bounced at a long-term support level. However, it has yet to break out from a short-term descending resistance line.

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BTC, ETH, XRP, STEEM, REP, BTT, CHSB & UNI: Technical Analysis For March 26

Ethereum (ETH) has bounced since re-testing its all-time highs. XRP (XRP) is trading close to long-term resistance at $0. 60. Steem (STEEM) has broken out from a nearly two-year-long resistance area and validated it as support afterward.

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BCH, XVG & DNT: Technical Analysis For March 25

Verge (XVG) has broken down from an ascending support line and is attempting to find support. District0x (DNT) has been decreasing since creating a double top pattern on March 20. Bitcoin Cash (BCH) At the beginning of January, BCH broke out from a long-term descending resistance line.

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BAT Finally Surpasses Increase $1 & LINK Stalls

While BAT might have reached a top, LINK/BTC has bounced at the current support area and is expected to break out. BAT Approaches Top BAT has been moving upwards since it broke out from a long-term resistance line at the beginning of the year.

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ALGO Breaks Out And Begins Ascent Towards $2

ALGO could gradually increase towards the closest resistance at $1. 90 and potentially go higher. Long-Term Range For ALGO In the final week of Feb. , ALGO returned to validate the $0. 87 area as support.

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Litecoin (LTC) Stuck Consolidating Below Long-Term Resistance

Litecoin is currently trading between resistance and support. While technical indicators are leaning bullish, a breakout is required for the bullish trend to be confirmed. Rejection from Long-Term Resistance Litecoin has been decreasing since Feb.

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ALGO Bounces At Long-Term Support, Despite Drop

Despite the failure to confirm the bullish trend, ALGO will likely move upwards towards the closest resistance area. ALGO’s Long-Term Levels ALGO has been decreasing since Feb. 12, when it reached a high of $1.

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IOTA, ONT & QTUM: Technical Analysis For March 2

Along with IOTA, Zcash (ZEC) has broken out from a long-term resistance area at $110 and validated it as support afterward. Similarly, QTUM has broken out from and validated the $4. 80 area as support.

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Litecoin, EOS, Enjin Coin Price Analysis: 01 March

Litecoin seemed positioned for additional losses after the long-term moving average closed in on the short-term line. EOS moved within a descending channel after finding support at $3.5. Lastly, ENJ wThe post Litecoin, EOS, Enjin Coin Price Analysis: 01 March appeared first on AMBCrypto.

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BAT vs RSR – Which Coin Will Perform Better in March?

These two coins are chosen since they both have similar price movement, having just broken out from long-term resistance areas and then validating them as support. BAT In the beginning of the year, BAT broke out from a long-term descending resistance line that had been in place for more than two years and reclaimed the … Continued The post BAT vs RSR – Which Coin Will Perform Better in March? appeared first on BeInCrypto.

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Cardano (ADA) Adds Glow to its List of Development Languages

In a video released in December of 2020, ADA founder Charles Hoskinson outlined how the company planned to support the strategic, long-term goal of opening cryptocurrency network Cardano to numerous development languages.

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Crypto leaders back MIT’s four-year initiative to harden Bitcoin’s security

Crypto industry captains are throwing their support behind a long-term project from MIT’s Digital Currency Initiative to enhance Bitcoin’s security.

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Monero (XMR) Bounces After Rejection from Long-Term Resistance

Despite the rejection, XMR seems to be holding up above the minor $185 support area and should continue increasing. XMR Long-Term Levels XMR has been decreasing since reaching a high of $287 on Feb.

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Algorand (ALGO) Maintains Long-Term Support Despite Sharp Fall

Despite the upward movement, we cannot consider the trend bullish until Algorand breaks out above the current short-term descending resistance line.   Algorand Trading Range ALGO has been decreasing since Feb.

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KeyFi Teams Up with Binance Smart Chain to Reward Long-Term Holders with Airdrop

With new projects receiving so much speculative value at the start of their life cycle, it can be hard maintaining the proper incentives to keep early adopters and stakeholders involved. To support long-term community involvement, KeyFi is partnering with Binance Smart Chain (BSC), one of the most popular smart contract platforms in the industry.  KeyFi […]

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Bitcoin Dominance Comes to Life After Prolonged Decrease

While the Bitcoin Dominance Rate seems to be bouncing in the short-term, it is expected to eventually fall and gradually decrease towards support levels.   Long-Term Bitcoin Dominance Levels The weekly chart shows that the Bitcoin Dominance Rate has been moving downwards since reaching the 71.

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XVG Attempts to Bounce at Support, Aims for $0.045

  Despite a slight hiccup, XVG is expected to soon resume its upward movement towards the closest resistance area at $0. 045. Long-Term Levels XVG increased considerably the past week, resuming the upward trend that has been in place, since the beginning of the year.

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DigiByte (DGB) Bounces Back Toward Local Highs

Technical indicators, the wave count, and the price action for DigiByte support the continuation of the upward move toward $0. 084.   DigiByte Long-Term Levels The weekly chart shows that DGB has been increasing rapidly since the beginning of February.

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Bitcoin Dominance Rate Continues Tumbling as Altcoins Flourish

The Bitcoin Dominance Rate is expected to find support near 60% and initiate an upward move.   Bitcoin Dominance Long-Term Levels BTCD has continued a descent that began with a rejection from the long-term 71.

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If History Rhymes, Bitcoin is Likely to Start Developing a Long-Term Bottom

Bitcoin is currently undergoing a serious correction that has caused its price to see some significant losses throughout the past few days The cryptocurrency is now hovering just a hair above $30,000, with bulls struggling to support it above this level as bears take control Where it trends in the mid-term will undoubtedly depend largely on whether or not $30,000 holds as support Any major break below this level could be all that it takes […]

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Bitcoin Dominance Rate Attempts to Bounce Off Support

Due to the decreasing Bitcoin dominance, the Altcoin Perpetual Index (ALTPERP) is expected to break out above the current $1,700 resistance area.   Bitcoin Dominance Long-Term Rejection BTCD has been moving downwards since being rejected by the 71.

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Chainlink, IOTA, Compound Price Analysis: 17 January

Chainlink saw a bearish divergence on the lower timeframe and experienced a minor dip to test the support at $19.8, but its long-term outlook is strongly bullish. IOTA appeared to invalidate a bullishThe post Chainlink, IOTA, Compound Price Analysis: 17 January appeared first on AMBCrypto.

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Dogecoin (DOGE) Drops But Maintains Long-Term Support

The Dogecoin/Bitcoin pair is very close to breaking out from a more than three-year-long descending resistance line.   Long-Term Dogecoin Levels During the week of Dec. 28 – Jan. 4, DOGE increased massively, going from a low of $0.

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DigiByte (DGB) Breaks Out but Fails to Sustain Rally

Despite the rejection, DigiByte is trading above a long-term support area and the trend is considered bullish as long as it continues doing so.   DigiByte Daily Rejection DigiByte has been increasing since reaching a low of $0.

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