Moving Averages

Bitcoin Technical Analysis: Mixed Signals Keep BTC Below $60K, Short-Term Rebound Possible

September 16, 2024 Bitcoin.com

bearish signals

As of Sept. 16, 2024, bitcoin traded at $58,578, within a 24-hour range of $58,231 to $60,366. The leading crypto asset saw a daily trade volume of $26.95 billion, with a market cap of $1.15 trillion. Despite this high liquidity, bitcoin is struggling to break key resistance levels, as technical indicators show mixed momentum. Bitcoin […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Ethereum Technical Analysis: ETH Faces Pivotal Resistance

September 9, 2024 Bitcoin.com

bearish trend

On Sept. 9, 2024, ethereum’s price hovers at $2,309 as it struggles to break free from a strong downtrend, observed across multiple timeframes. The market reflects uncertainty, with oscillators showing mixed signals and moving averages signaling a bearish outlook. While there are signs of accumulation near current support levels, the broader market environment demands caution […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000

September 9, 2024 Bitcoin.com

bearish signals

On September 9, 2024, bitcoin is trading for $55,321, rebounding from recent lows but facing strong resistance around the $56,000 mark. Oscillators and moving averages present a mixed picture, with signals split between sell and buy actions. Bitcoin Bitcoin’s price saw a short-term recovery, rising from a low of $53,636 on September 8 to $55,614. […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Ethereum Technical Analysis: ETH Price Hovers in Consolidation Zone

September 2, 2024 Bitcoin.com

bearish trend

On September 2, 2024, ethereum was priced at $2,517, with a 24-hour intraday range of $2,407 to $2,531. Over the past week, its price fluctuated between $2,409 and $2,740, reflecting ongoing volatility. With a 24-hour trading volume of $14 billion and a market capitalization of $302.85 billion, ether’s market dynamics remain under pressure as it […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Bitcoin Technical Analysis: BTC Fails to Break Key Resistance Levels

September 2, 2024 Bitcoin.com

bearish trend

On September 2, 2024, at 7:30 a.m. EDT, bitcoin’s price stood at $58,388, fluctuating within an intraday range of $57,257 to $58,698. With a trading volume of $29.57 billion and a market capitalization of $1.15 trillion, the leading crypto asset demonstrated significant volatility. Technical indicators reveal persistent downward momentum, suggesting that traders should remain cautious […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Ethereum Technical Analysis: ETH Faces Critical Resistance at $2,800 Amid Market Indecision

August 26, 2024 Bitcoin.com

bearish outlook

On August 26, 2024, ethereum’s price hovered around the $2,739 mark, reflecting a cautious market sentiment as traders weigh the potential for further gains against looming resistance. Technical indicators across multiple timeframes reveal a mixed outlook, with key support and resistance levels tightly defining ethereum’s near-term trajectory. Ethereum Ethereum’s daily chart shows a strong downtrend […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Bitcoin Technical Analysis: Key Resistance Levels Test Bullish Momentum

August 26, 2024 Bitcoin.com

bearish signals

On Aug. 26, 2024, bitcoin is navigating a crucial juncture, with prices hovering around $63,908. Despite a recent recovery attempt, the cryptocurrency faces significant resistance between $64,000 and $65,000. Bitcoin Bitcoin’s 1-hour chart reveals a recent peak at $65,103, followed by a sharp drop to $63,128 before stabilizing just above $63,500. This stabilization is critical, […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Bitcoin Technical Analysis: BTC Faces Continued Downward Pressure

August 19, 2024 Bitcoin.com

bearish trend

As of August 19, 2024, bitcoin is trading at $58,061, with a 24-hour intraday range between $57,918 and $60,191. The crypto asset saw a trading volume of $20.7 billion and maintains a market capitalization of $1.14 trillion. Multiple timeframes reveal a sustained downtrend, with key resistance levels holding firm and technical indicators signaling weak buying […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Ethereum Technical Analysis: ETH Faces Persistent Downtrend Despite Strong Market Activity

August 12, 2024 Bitcoin.com

bearish outlook

On August 12, 2024, ethereum (ETH) was priced at $2,683, fluctuating within a 24-hour range of $2,523 to $2,720. With a market capitalization of $321 billion and a trading volume of $17.58 billion, ether continues to exhibit significant market activity. However, technical indicators suggest ongoing challenges in breaking through key resistance levels, hinting at a […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Bitcoin Technical Analysis: BTC Struggles Amidst Bearish Pressure, Eyes Key Support Levels

August 12, 2024 Bitcoin.com

bearish trend

Bitcoin’s price on August 12, 2024, stands at $59,777, with intraday 24-hour prices ranging between $57,814 and $61,054. The cryptocurrency’s market capitalization is $1.16 trillion, supported by a 24-hour trade volume of $29.81 billion. As bitcoin navigates this challenging environment, technical indicators reveal continued bearish momentum, testing the resolve of bullish investors. Bitcoin The 1-hour […]

Read more

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal