Bitcoin (BTC) within a Rising Wedge, Consolidating in a $30k Zone
Bitcoin prices remain bullish but are inside a rising wedge with clear caps at $30k and $31k on the upper end. Support is at $27k.
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 (ETH) Ranging After Breaking Lower, Primary Support Lies at $1,800
Ethereum prices are in range between $1,800 and $1,950 in a typically bearish formation following losses from April 19.
Cardano Retracement, ADA in A Bear Flag But Will $0.37 Hold?
Cardano prices are firm but the current ADA cool-off may translate to a bear run should the coin fails to hold above $0.37.
Bitcoin (BTC) Recovered Spectacularly, it May Breakout above $31k
Bitcoin prices are firm when writing after periods of heightened volatility on the better part of April 27. BTC may rally to $31k.
Ethereum Recovers But Remains In a Bear Breakout Formation
Ethereum is higher when writing but remains pinned below $2,100 following sharp losses from April 19 to 21.
Polygon Selloff Rapid, MATIC May Extend losses below $1
Polygon prices are oscillating around $1 but the selloff has been unexpectedly rapid. MATIC is down 35% from Q1 2023 peaks.
Bitcoin Drops 7%, BTC Bears Targeting A Retest of $25k?
Bitcoin prices are under pressure despite record hash rate and difficulty. Dropping prices expected in days ahead may impact miners.
Ethereum (ETH) Retraces from $2,140 after a 50% Surge in 5 Weeks
Ethereum prices are cooling off but this comes after an impressive surge above $2,000 which saw the coin rally 50% in 5 weeks from mid-March.
Cardano Rallies 50% in 5 Weeks, ADA May Retest $0.52
Cardano is one of the top performing assets, rallying over 50% in 5 weeks. In a bullish breakout, there could be more gains ahead for ADA.
Bitcoin Bulls In Charge, BTC May Retest $32.3k
Bitcoin buyers are in control and may surge to $32k, or better, in sessions ahead as inflation continues dropping in the United States.
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