As the king coin tries to overcome significant resistance on the upside, the price is stuck close to the $23,000 support area. The upward momentum is waning, and the BTC bulls are beginning to appear ...
Tag: Downtrend
Binance Coin Value Prediction for August 6th: BNB Prepares to Downtrend
Binance coin has had a nice time on the upside for a significant amount of time. Frankly, BNB has displayed an impressive performance, rallying from the 11th of last month till now. It could be seen t...
Bitcoin Price Could Narrowly Avoid a Major Downtrend, Here’s How
Bitcoin extended losses below the $22,650 support against the US Dollar. BTC is attempting another recovery and might face hurdles near $23,100. Bitcoin remained in a bearish zone and extended losses ...
XRP is in a Downtrend
In this forecast, we shall be looking at the new development in the XRP/USD and XRP/BTC markets. Generally speaking, both market under consideration appears to have gotten to the beginning of a downtr...
Shiba Inu Breaks Downtrend Line – Is A Trend Reversal Imminent?
Shiba Inu (SHIB) along with another meme coin Dogecoin (DOGE) have had the worst crashes. However, SHIB is singing a different tune as it turns green after suffering a bearish downturn for a long time...
Bitcoin Cash Is in a Downtrend as Bulls and Bears Remain Indifferent
Jul 28, 2022 at 11:50 // Price The price of Bitcoin Cash (BCH) resumed its downward correction as it fell below the 50-day line SMA. The cryptocurrency is now fluctuating between the moving average li...
Loopring Price Analysis: LRC is Near the Bears’ Hedge Zone, as a Result, Bulls See a Downtrend
Looping (LRC) price is retracing the downsloping trendline in the middle of an uptrend. The LRC token retested the 20-day moving average during the retracement. The Money Flow Index stays above the mi...
Polkadot Recovers From Downtrend but Faces Rejection Twice at $8 High
Jul 23, 2022 at 09:13 // Price On July 16, Polkadot (DOT) broke through and retested the 21-day SMA line before resuming the uptrend. This is the first time since April 11 that the bulls broke the 21-...
TRON Price Analysis: The TRX Price Facing a Downtrend, Calling Bulls for Help
Following a comeback, the TRX price has begun to decline once more, with the traditional cryptocurrency BTC dominating the daily price chart. The technical indicators over the daily price chart appear...
Bitcoin Hashrate Downtrend Leads To Largest Negative Difficulty Adjustment In A Year
Data shows the recent Bitcoin hashrate downtrend has lead to the largest negative adjustment in the mining difficulty during the past year. Bitcoin Mining Difficulty Plunges Down As Hashrate Continues...
This is the Level XRP Must Break to Defeat the Downtrend (Ripple Price Analysis)
Ripple has had three daily green candles. Buyers were able to push the price by 15% until the time of writing. But the main question is if this rally is strong enough to pause the bearish trend in the...
Dogecoin Is on a Long-Term Downtrend; Can Doge Begin the Recovery?
Dogecoin, the meme token king, supported by Elon Musk, is now beaten badly in terms of market capitalization but holds the 10th position. Its $7,990,935,861 market cap is based on above 95% of its net...
An outlook on the Web3 industry during the downtrend
By the end of May, Bitcoin’s (BTC) price had dropped 40%, Ether (ETH) had lost 50% of its value, and the entire crypto market dipped below its $1-trillion capitalization for the first time since Janua...
Chainlink: Why LINK may be looking the opposite way despite its downtrend
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Bitcoin [BTC] has made a series of higher lo...
Altcoins Resume Downtrend as Cryptos Attract Buyers at Lower Price Levels
Jul 07, 2022 at 12:30 // Price The worst-performing altcoins have failed to hold their previous support levels as cryptos have fallen below their moving average lines. The downtrend has eased as some ...
Here’s How Bitcoin’s Downtrend May End
Alex Dovbnya Bitcoin may need to close above $26,000 in order to confirm the start of a new bull market, according to this analyst Craig Johnson, chief market technician at American independent invest...
LINK Price Analysis: Chainlink continues on a Downtrend as bulls kept found wanting
•LINK/USD is trading at $6.34 and has increased by 1.23%over the past day •The trading volume over the past 24 hours has been increased by 3.10% •The technical indicators suggest a hawkish outlo...
NFTs Slumped and recorded their highest downtrend of 90% in the past 12 months
The unprecedented decline in the NFTs market in the past 12 months decreased its popularity. NFTs marketplace slumps from $4 billion to $800 million. There has been an unprecedented decline in 1...
How long before Solana’s [SOL] long-term downtrend snaps
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin [BTC] has significantly dropped in price in recent weeks....
ATOM: Assessing the odds of a long-term downtrend prevailing
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Bitcoin [BTC] climbed past the $20k mark, bu...
Ethereum Close Below $1K Could Spark Larger Degree Downtrend
Ethereum is struggling below $1,080 against the US Dollar. ETH could decline heavily if there is a close below the $1,000 support zone. Ethereum remained in a bearish zone below $1,100 and $1,080 leve...
Bitcoin Remains In Downtrend, What Could Spark Sharp Upside
Bitcoin is trading in a bearish zone below $19,500 against the US Dollar. BTC might start a sharp recovery wave if there is a move above the $19,500 resistance. Bitcoin failed to gain pace above the $...
CHILIZ Price Analysis: Waves of Downtrend is Submerging the Whole Market
The waves of downtrend are getting on the nerves of bulls. This downtrend needs to end soon as investors are facing huge losses. The crypto asset is trading below the 20, 50, 100 and 200 daily moving ...
Avalanche Might Continue Its Downtrend As Price Slips To $16
Avalanche had performed well over the past week, however, the coin depreciated significantly over the last 24 hours. It shed close to 12% over the past day. AVAX experienced tough resistance at the $2...
VeChain At Risk Of Further Losses? VET Price Drops 30% In Downtrend
The crypto market continues on its downtrend, and VeChain (VET) follows after expiring some relief over the last weekend. The cryptocurrency recently breached a major level of support and seems poised...
IOTA price analysis: These Waves of Downtrend will Become a Tsunami, if the Bulls didn’t Came for a Support
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Solana price analysis: Bears push downtrend, demoting SOL down to $32
The Solana price analysis indicates a major decline in the price value today. The bears have been continually winning over the price charts, as the bearish trend has been quite dominating for the mark...
SAND Price Analysis: The Sandbox is on a downtrend as bears rake in profits
•SAND/USD is currently priced at $1.04 and has decreased by 10.67% over the past day •The trading volumes have surged by 16.61% over the past 24 hours •The technical indicators suggest bearish momentu...
Polkadot price analysis: DOT may decline to $6 in current extended downtrend
Polkadot price analysis shows extremely bearish signs, as price continued to decline for a fourth consecutive day. DOT dipped more than 5 percent to as low as $7.45 today, with trading volume rising 1...
Bitcoin Downtrend Could Be at Its Climax as It Loses 73% from ATH Reached 227 Days Ago
Arman Shirinyan While end of downtrend might not be as close as we might have wanted, it is still somewhere in middle The bear market always comes unexpectedly, with most traders and investors losing ...
Is Bitcoin Close To the End Of The Downtrend? Here’s How BTC Price Will Perform
Bitcoin’s price assessment is becoming increasingly complex since this market is divided among several macroeconomic factors. Nevertheless, the slight price rebound appears to be a halt against the be...
This is the Level BTC Needs to Break to Reverse the Downtrend (Bitcoin Price Analysis)
Bitcoin’s downtrend has halted after a rapid drop from the $32K following a bearish flag breakout. The $17K-$20K range of the 2017 all-time highs is acting as strong support, leading to a price reboun...