Bitcoin Adds 7% as BTC Bulls Set to Close above $45k
The Bitcoin price is firm to the upside, adding seven percent in the past trading week and above immediate resistance—now support—levels.
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.
The Bitcoin price is firm to the upside, adding seven percent in the past trading week and above immediate resistance—now support—levels.
Ethereum buyers are rampant at spot rates, stable on the last trading day but up double digits week-to-date versus the USDT, according to trackers.
Polkadot is in green in the last trading week despite a weak conclusion of the week.
The Bitcoin price might have broken above $40k at spot rates, but the coin is still under consolidation, moving inside a tight trade range.
Ethereum prices appear capped at spot rates. However, from the daily chart, ETH has been making a series of higher highs relative to the upper BB–a
Cardano could have many developments, but sellers are in control, reading from the ADAUSDT candlestick arrangement. ADA is within a bear breakout pattern at spot rates,
Bitcoin and cryptocurrencies continue to swing approximately 48 hours after U.S. President Joe Biden signed an Executive Order asking the government to assess the benefits and
Ethereum is still dangling above a key support line after posting deep losses in the past few weeks. Nonetheless, as weak hands liquidate, ETH address with
Litecoin prices may be down 65 percent from November 2021 peaks and flimsy at spot rates. However, factoring in fundamentals, proponents are adamant that the coin
Pietro Poretti of the City of Lugano, Switzerland, has announced plans to upgrade Bitcoin and USDT to the same level as fiat, allowing cryptocurrencies to be
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
© Crypto Economy