Will Bitcoin Bears Take Charge and Force BTC to go below $23.5k?
Bitcoin is bullish from a top-down preview. However, bears are flowing back and BTC may slip below $23.5k if sellers press on.
Price Analysis (Latest Publications)
Crypto Economy section, we will publish every week the technical price analysis of Bitcoin [BTC], Ethereum [ETH], Ripple [XRP] and other cryptocurrencies.
These analyzes are prepared by our specialists based on the evolution of the markets.
A technical price analysis provides excellent and useful information that can help us know when is the best time to make movements in our investments or when it is not a good time to operate.
But we must not only take this information into account, the monitoring of the prices of a cryptocurrency must be accompanied by an investigation into the latest news related to it.
So we can get an idea about whether the price increase or decrease has occurred due to an event related to the project or if it could be a market manipulation, etc.
Ethereum Slips 6% but Derivatives Data Shows ETH Bulls Are Upbeat
Ethereum prices are down six percent from this week’s high but the general trend remains bullish. Resistance lies at $1.7k.
Cardano is Up 16% from February Lows, ADA Resistance at $0.42
Cardano prices might be in consolidation but ADA is up 16% from February lows with resistance clear at $0.42.
Bitcoin (BTC) Floats Higher, Registering New Q1 2023 Highs above $24k
Bitcoin is in a bullish breakout formation, printing higher as BTC shake off bears. The coin may rally to $28.5k in a continuation pattern.
Ethereum Adds 4%, ETH Remains Bearish Below $1.7k
Ethereum is up roughly four percent when writing but ETH is technically within a bear formation following last week’s losses.
Uniswap Posts Sharp Losses Below $7 Despite Approval to Deploy on BNB Chain
Uniswap remains bearish at below $7 despite the governance vote to deploy the DEX on the BNB Smart Chain (BSC).
Bitcoin Ends the Bull Run, BTC Might Retest $20k
The Bitcoin rally appears to be over after losses below the bull flag. BTC may likely retrace and retest $20k in the near term.
Ethereum (ETH) Remains Bullish, But Prices Must Rise Above $1,700
Ethereum remains within a bullish formation. Even so, ETH must break above $1,700 with rising volumes for trend continuation.
Solana Up 195% from December Lows, Prices In a Bull Flag
Solana prices are up 195% from December lows but are currently in a bull flag. A close above $27 may see SOL break higher.
Bitcoin (BTC) Prices Must Close Above $24k for Uptrend Confirmation
Bitcoin is bullish at spot rates but the uptrend will be validated if there are high volume breakouts above $24k.
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