
Bitcoin Flatlines, BTC/USD Rejected at $36k as bears Flow Back
The Bitcoin price may be struggling under the wave of sellers, but traders are optimistic reading from on-chain data.
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 may be struggling under the wave of sellers, but traders are optimistic reading from on-chain data.
The Ethereum price appears to be bottoming up roughly a week after closing above the middle BB.
The Ripple price remains firm, unshaken, unmoved lodged at seventh.
The Bitcoin price continues to fluctuate but retains an uptrend provided $30k holds.
The tide is changing for Ethereum. After scares in the past few weeks, ETH/USD prices stabilized above $2k—a psychological mark—as many traders expect a fundamentally-driven trend
The Ripple price is relatively firm as bears take a break. Reading from the daily chart, the XRP/USD price is stabilizing in the last trading week,
The Bitcoin price is both hot and cold, reading from price charts. Traders are cautious, convinced the uptrend and recent recovery is fleeting.
The hammering of Ethereum and other crypto assets has been chilling.
It has been a difficult first half of 2021 for Ripple prices. The coin slid from the third position, giving up that lead to the Binance
The Ethereum price is stabilizing above $2.5k, building on encouraging gains posted over the weekend.
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