Ethereum Retraces as a Bear Engulfing Pattern Prints, Support at $1.25k
Ethereum prices are down two percent from this week’s high as a bear engulfing pattern prints. ETH has primary support at $1.25k.
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.
Dogecoin Accumulation, DOGE Stabilizes Above Q3 Lows at $0.056
Dogecoin remains in consolidation above $0.056, marking Q3 2022 lows. DOGE has fundamental support following support from Boring Company.
Bitcoin Reverses from $18.2k with Rising Volumes
Bitcoin is rising from October 2022 lows and strongly anchored above $19k as BTC buyers target $20.5k in the short term.
Ethereum in a Bear Flag, Critical Support at $1.25k
Ethereum maybe bullish in the long term because of the Merge but ETH prices are currently under pressure, finding support at $1.25k.
Binance Coin Slumps 7%, BNB is Still Bullish above $260
Binance coin, BNB, is under pressure and down seven percent from last week’s peak. However, it remains bullish above $260.
Bitcoin Stagnates at $20k as E.U. Sanctions Russia-linked Crypto Wallets
Bitcoin prices are stagnant at around $20k amid European Union’s new round of sanctions this time targeting crypto wallets from Russia.
Ethereum (ETH) Could Bottom Up Above $1.5k in a W-Formation
Ethereum is up 10 percent from last week’s lows. However, there must be confirmation for ETH bulls to reclaim $1.5k in the short term.
Ripple in a Bullish Formation, XRP Rose 90% in Q3 2022
Ripple is within a bullish formation, buoyed by the on-going case against the U.S. SEC. XRP is trading above $0.40 primary support.
Bitcoin Firm As Bear Momentum Diffuses, Is $18.3k The Local Bottom?
Bitcoin is steady, trending inside a $1.5 range. Traders are hopeful of a stronger bounce towards $22.5k in the short to medium term.
Ethereum Slips 7% as ETH Swings Back to Bearish Territory
Ethereum is down seven percent in the past trading day as ETH slips to bearish territory despite attempts higher on September 27.
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