Crypto fans are rejoicing at the sight of green across the market on July 19 as the months of “down only” price action has finally come to an end after the market flashed its first substantial relief ...
Tag: Retest
Break and retest forms ahead of BoJ decision
The Japanese yen has bounced back cautiously as investors wait for the upcoming interest rate decision by the Bank of Japan (BoJ). The USD/JPY is trading at 137.76, which is a few points below the yea...
Here’s what to expect from AVAX’s latest retest of this key level
AVAX bulls are finally showing signs of activity after a heavy sell-off post April. In fact, the cryptocurrency has demonstrated significant upside since it bottomed out in mid-June. However, that ups...
BTC Facing Huge Resistance, Rejection Can Result in $18K Retest (Bitcoin Price Analysis)
Over the past week, Bitcoin had been fluctuating around the $20k confluence zone showing no real signs of a possible rebound: low volatility, lack of demand, and choppy price action. After retesting t...
Solana [SOL] might retest June lows before another major rally and this is why…
Solana [SOL] has been struggling to recover above $40 after ending June on a bearish performance. This is despite its bullish start this month but the reason for this subdued performance is now eviden...
ETH Failed At Resistance, Is Retest of $1000 Incoming?
In their second attempt, ETH buyers failed to break the significant resistance at $1,280. The good news is that ETH could break above the 20-day moving average line, which now turns into support ($115...
BTC Price Analysis- Losing 20 EMA support, Bitcoin could retest $18860
Published 10 mins ago Within a month, the BTC price has bounced back from the $18860 support, indicating the trades are accumulating at this level. However, on the flip side, the coin price struggles ...
Cardano [ADA] whales are back fishing after a strong retest – Here’s what’s next
Cardano’s ADA has been fairly bearish on the charts over the last 12 month. However, its fortunes might be about to change now that whales are finding it attractive at lower prices. Cardano’s supply d...
Ethereum price analysis: ETH slowly continues to retrace, looks to retest $1,175?
Ethereum price analysis is bearish today as we have seen further retracement and signs of weakness. Therefore, ETH/USD should retrace further and look to target the $1,175 support, where a clear highe...
AUD/USD forecast: Aussie to retest 0.68 after RBA rate hike
The AUD/USD price tilted upwards on Monday as investors refocused on the upcoming interest rate decision by the Reserve Bank of Australia (RBA). The pair is trading at 0.6855, which is a few points ab...
MATIC’s retest of trendline support will give way to shorting opportunity at…
MATIC’s recent bearish pull below the 40 EMA posed revival barriers for the buyers. While the altcoin enters into a high volatility phase, the existing structure exhibited an outlook that was more tow...
Bitcoin Price Analysis- Higher Price Rejection Hints BTC to Retest $20000
Published 8 seconds ago Last week, the Bitcoin (BTC) price gave a weekly candle closing above the $20000 mark, while the long-tail rejection also accentuated demand pressure. Although the crypto marke...
Overhead Supply Pressure Hints SHIB to Retest $0.00001
Published 6 seconds ago On June 21st, the Shiba Inu (SHIB) price knocked out a five-week-old descending trendline resistance with a long bullish candle. The breakout opportunity attracted more buyers ...
Bitcoin Rejected At $21K, Why A Retest Of The Lows Could Be Positive
Bitcoin seems on the verge of re-testing previous support levels. The number one cryptocurrency has been experiencing a persistent downside which took it to a multi-year low of around $17,000. Related...
Former NYSE Group President Believes Bitcoin Could Retest $17,000
Alex Dovbnya Tom Farley believes that Bitcoin has more downside potential, but a short-term bottom is likely in During a recent appearance on CNBC, Tom Farley, former president of the NYSE Group, pred...
Retest Reversal May Validate Upcoming Bull Run
Published 8 seconds ago On June 19th, the Elrond(EGLD) price gave a bullish breakout from a two-and-a-half-month-old resistance trendline. Furthermore, the buyers’ failed attempt to surpass an immedia...
Low Volume Retest Tease Further downfall in BTC
Published 5 mins ago The One-Month consolidation in Bitcoin(BTC) price ended on a bearish note as sellers breached the $28000 on June 12th. Amid the Last week’s crypto crash, the coin price marked a n...
Retest Reversal Hints 18% Drop In Ripple Price
Published 14 hours ago The Ripple(XRP) price breached the May low support of $0.34, indicating the sellers are ready for another leg down. With the 20-day EMA providing a constant resistance, the altc...
AAVE: A bearish retest of this zone could present shorting opportunities
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Bitcoin and Ethereum continued to post losse...
Retest Completion Threatens 33% Fall Under $0.050
Published 12 hours ago With last week’s downfall cooling off, the GALA/USDT pair witnessed a short recovery today but struggles to rise above the $0.070 level. The bullish struggle warns of a post-ret...
Bitcoin Price Analysis: BTC Struggles to Maintain Gains, is $30K Retest Inbound?
The $28K – $30K decisive demand zone and the channel’s mid-line have served as reliable support for the price in the past few days, leading to a 13% rebound. In this analysis, we take a look at ...
Axie Infinity Price Analysis: Bullish Call in AXS Token, Buyers Expect a Retest Above Round Level
Axie Infinity price jumped nearly 24% in the last 24 hours, reversing its 6-month low. AXS price outlook is above the 20-day exponential moving average on the daily price chart, with the bulls now app...
Avalanche: Risk being 2% of capital, retest of this level can be used to go…
Disclaimer: The information presented does not constitute, financial, investment, trading, or other types of advice and is solely the opinion of the writer. Avalanche has been quite bearish on the ch...
US dollar index (DXY) break and retest points to a rebound
The US dollar index (DXY) continued its downward trend on Friday after a slew of mixed economic data from the United States. The index declined to $101.60, which was the lowest level since April 25th ...
DXY eyes break and retest pattern
The US dollar index retreated on Monday as constituent currencies retreated. DXY is trading at $102.30, which is about 2.16% below the highest level this year. It still remains about 8.12% above the l...
Stellar price analysis: XLM/USD struggles to retest the $0.133 resistance
TL;DR Breakdown Stellar price analysis shows slightly bullish sentiments, but the overall market is indecisive. The market took a positive turn after yesterday’s bearish engulfing. Current support lev...
Bitcoin price analysis: BTC not yet ready to continue higher, retest of $29,500 overnight?
Bitcoin price analysis is bearish today as we have seen failure to continue higher after another higher low was set at $29,500 yesterday. Therefore, BTC/USD should retest the support next and potentia...
Wedge Pattern Retest Phase Warns $0.08 Fallout
A bearish fallout from a yearly falling wedge pattern suggested the Dogecoin(DOGE) price witnessed a significant freefall. However, the lower price rejection at the retest phase puts a possibility on ...
Retest to Channel Support Hints at Bullish Recovery
The Fantom(FTM) traders completed the prior bear cycle within a falling channel as the altcoin dropped to the support trendline at $0.03. However, the altcoin rebounds from this trendline with a morni...
Is This An Opportunity To Retest $2800 Amid Bullish Technical Formation?
ETH price hovers near the multi-month support with a negative bias. ETH opened lower and swiftly recovered to buck the downside momentum. But, the recent downswing pushed it toward a crucial juncture ...
Ethereum Price Analysis: ETH Could Retest $2K
Ethereum price started a fresh decline from the $2,800 zone against the US Dollar. ETH price is now trading below $2,500 and the 55 simple moving average (4-hours). There was a break below a key contr...
Bitcoin Breaks Below Multi-Month Support, Is $30K Retest Incoming? (BTC Price Analysis)
After consolidating above the $37K decisive level for a few weeks, Bitcoin was eventually rejected after another attempt at $40K and plunged below the key support following tremendous bearish momentum...