June

All cryptocurrencies listed here have recovered from their previous decline and are now starting a new positive trend. Weekly analysis by Coinidol.com.

Last week, some cryptocurrencies tried to recover after the recent price drop. However, this led them into overbought territory. Weekly cryptocurrency price analysis of TON, RUNE, BCH, VET and AAVE from Coinidol.com.

Cryptocurrency analysts of Coinidol.com report, the price of TRON (TRX) is steadily rising and approaching the $0.085 resistance level. Buyers hope to retest or break the $0.085 resistance level.

Coinidol.com report, the price of Binance Coin (BNB) is stagnant as it is contained in a range. It is now restricted to a narrow price range of $220 to $250.

Yesterday the price of Cardano (ADA) fell to a low of $1.02 and then rebounded. This was the previous low from June 22. The bears retested the previous low but were unable to break below it. Today, buyers push ADA to the previous high of $1.50 resistance.

Litecoin's (LTC) price has fallen to the low above $152 and it is hovering above the current support level. There is every indication of a further downward move below $152.

Bitcoin (BTC) price has risen to $39,000 high after buyers successfully breach the $37,000 resistance. In the first uptrend since May 31, buyers could not sustain the bullish momentum above the $37,000 high.

The bulls are unrelenting as they push to the previous price levels of June 2019. BCH is approaching a $500 resistance level. Nevertheless, it is presumed that there will be a strong price tussle between the bulls and bears in the $500 to $522 price level. Meanwhile, BCH has reached the level where the price action formed a bearish double top in June 2019.

The last month has been written in the history books as a trading session that has offered some amazing returns in the blockchain and digital asset market. Following the protracted bearish trading period, the world’s top cryptocurrency managed to hit and exceed the $9.5k price level, a thing it last did in May and June of 2019 when it traded above $13k.