Bitcoin price & Altcoin analytics

Bitcoin & Altcoin price analysis and charts

Bitcoin Cash Recovers above $190 after a Sudden Price Spike
May 18, 2022 at 11:47
Price
Bitcoin Cash Recovers above $190 after a Sudden Price Spike
Bitcoin Cash (BCH) is in a downtrend after the cryptocurrency fell sharply to a low of $150 on May 12. The May 12 candlestick showed a long, protruding tail indicating support at $150. The long tail indicates that there is strong buying pressure at the current support.
Weekly Cryptocurrency Market Analysis: Altcoins Consolidate at Recent Supports but Are Unable to Rally
May 18, 2022 at 10:50
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Weekly Cryptocurrency Market Analysis: Altcoins Consolidate at Recent Supports but Are Unable to Rally
WAVES, FTM, NEAR, CRV and AVAX have dropped significantly to the bottom of the chart. The bears have the upper hand as prices continue to fall after each sell at the resistance level. The worst performing cryptocurrencies have shown no signs of recovery. In other words, there is no attempt at a recovery rally.
Cardano Regains Bullish Momentum but Encounters Selling at $0.59
May 18, 2022 at 09:49
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Cardano Regains Bullish Momentum but Encounters Selling at $0.59
Since May 12, the price of Cardano (ADA) has been trading above the price level of $0.40. After the last downward impulse on May 12, the downtrend has weakened as the bulls bought the dips. Moreover, the cryptocurrency fell into the oversold zone of the market. The upward correction was stopped when the price reached the high of $0.59.
Litecoin Consolidates Above $63 as It May Slide to $40 Low
May 17, 2022 at 13:30
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Litecoin Consolidates Above $63 as It May Slide to $40 Low
Litecoin (LTC) price has continued its downward movement and has fallen to a low of $54. As usual, the bulls bought the dips to resume the upward correction.
Weekly Cryptocurrency Analysis: Altcoins Attempt A Recovery Rally In Anticipation Of A Bull Market
May 17, 2022 at 12:30
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Weekly Cryptocurrency Analysis: Altcoins Attempt A Recovery Rally In Anticipation Of A Bull Market
The bear market is not over yet, but some cryptocurrencies remain positive despite the current downtrend. Altcoins are attempting a recovery rally but are coming under selling pressure at resistance levels. Let us discuss some of the cryptocurrencies that have performed the best.
Ripple Pauses Above $0.33 Support as Bears Resume Selling at $0.46 High
May 17, 2022 at 11:35
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Ripple Pauses Above $0.33 Support as Bears Resume Selling at $0.46 High
The price of Ripple (XRP) is in a downtrend as the cryptocurrency has fallen to the low of $0.33. The low of $0.33 is the historical price level from February 1, 2021.
Ethereum Hovers above $2,000 Support as Bears Threaten to Short
May 16, 2022 at 12:12
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Ethereum Hovers above $2,000 Support as Bears Threaten to Short
The price of Ethereum (ETH) is falling as it faces rejection at the $2,200 resistance zone. In the last three days, buyers pushed the Ether price to the previous highs. The Ether price tested the $2,200 resistance level again, but failed to overcome it.
Bitcoin Consolidates Above $29,000 Support but Struggles below $32,000 High
May 16, 2022 at 11:09
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Bitcoin Consolidates Above $29,000 Support but Struggles below $32,000 High
The price of Bitcoin (BTC) is in a downward correction as it consolidates above $29,000 support. Today, the largest cryptocurrency is trading at $29,287 at press time.
Chainlink Consolidates Above $5.50 as Demand and Supply Reach Equilibrium
May 15, 2022 at 14:31
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Chainlink Consolidates Above $5.50 as Demand and Supply Reach Equilibrium
The price of Chainlink (LINK) has fallen to the low of $5.50 as the bulls have bought the dips. On May 12, a bearish candle shows a protruding long tail. The tail of the long candle is pointing down, indicating that there is strong buying pressure at current support.
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