Technical Analysis

icon January 6, 2025 Posted by: Thiago Barboza

Bitcoin Surges Past $100,000, Confirming Bullish Momentum

Bitcoin has once again broken through a critical resistance level, trading above $100,000. This movement signals its recovery after testing key support levels. The daily chart reveals that the price has surpassed the 50% Fibonacci retracement level, climbing above $101,000. This indicates a return of bullish momentum, setting the stage for a potential new rally. […]
icon December 27, 2024 Posted by: Thiago Barboza

Will Bitcoin Withstand Selling Pressure Until the End of the Year?

Bitcoin recently experienced a significant surge, surpassing the $95,000 mark on the platform. This surge was driven by a market rally and the liquidation of $170 million in short positions. In addition, the rise in Bitcoin price was accompanied by an increase in trading volume, which almost doubled compared to the previous day. Liquidations Drive […]
icon December 25, 2024 Posted by: Thiago Barboza

Can Bitcoin Price end 2024 over $ 100,000?

The end of 2024 is coming and after accumulating a 128% increase in the year, Bitcoin is facing its first week of falling. Thus, investors and traders are apprehensive to find out if cryptocurrency will be able to finish the year over $ 100,000. Key Support Level can boost Bitcoin return over $ 100,000 Bitcoin […]
icon December 17, 2024 Posted by: Thiago Barboza

XRP Holds Critical Support Amid Selling Pressure

XRP, Ripple’s native token, is consolidating after hitting $2.90. According to on-chain data and technical analysis, the price of XRP is showing mixed signals, combining significant selling flows and strong support levels. According to the spot market inflow and outflow chart, there was a significant increase in selling in December, reaching critical levels shortly after […]
icon December 17, 2024 Posted by: Thiago Barboza

Ethereum Price Analysis: Can ETH Rally to $5000 by December 31?

Ethereum (ETH) has been performing well in recent weeks, generating speculation about the possibility of reaching the $5,000 mark by the end of 2024. The altcoin is on an upward trend, with signs of a possible acceleration by the end of the year. To understand whether this target is achievable, let’s analyze ETH’s behavior and […]
icon December 11, 2024 Posted by: Thiago Barboza

Solana faces resistance, but fundamentals point to bullishness

Solana (SOL) continues to be one of the most debated assets in the cryptocurrency market. After reaching recent highs, the altcoin is facing a correction along with the general market trend. In addition, there has been a drop in funding rates, raising questions about its future trend. On the other hand, the fundamentals remain solid, […]
icon November 8, 2024 Posted by: Airí Chaves

Ether (ETH) Analysis – What’s Next for the Second Largest Cryptocurrency?

Ether (ETH), the second-largest cryptocurrency by market cap, has broken through a significant price resistance and is now trading above $2,800 per coin. This breakout was accompanied by a general increase in trading volume, as shown in the chart below. Since early August, Ether’s price had been stuck in a sideways trading range. However, recent […]
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