indicators

The post Investors Rush to Buy These Cryptos as Indicators Point to Market Recovery appeared first on Coinpedia Fintech News The long-anticipated Bull Run and altcoin season are just around the corner. Market indicators suggest a swift recovery is imminent, sparking excitement among investors. The overall market remains calm, offering a unique opportunity as altcoins sit at their low trading prices, poised to erupt at any moment. Investors are already scrambling to acquire key cryptocurrencies, anticipating massive returns when the…

Chainlink’s LINK price is recovering from the $12.65 support. The price is gaining bullish momentum and might aim for a move above the $14.20 resistance. Chainlink price is showing bullish signs and eyeing more gains above $14.00 against the US dollar. The price is trading above the $13.50 level and the 100-hourly simple moving average. There was a break above a major bearish trend line with resistance near $13.60 on the hourly chart of the LINK/USD pair (data source from…

XRP price extended losses and tested the $0.4620 support. The price is now recovering and might gain bullish momentum if it clears the $0.4825 resistance. XRP price remained in a bearish zone and tested the $0.4620 support zone. The price is now trading below $0.4820 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $0.4785 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could recover steadily…

The Bitcoin price has experienced a significant correction after failing to consolidate above the $70,000 level and retesting its all-time high of $73,700, which it reached in March. With a retracement of nearly 10% over the past week, BTC is now trading just above support at the $60,000 level.  However, based on historical data, further price drops may be expected in the coming days, aligning with patterns observed before explosive bull runs. Bitcoin Price Analysis Crypto analyst Rekt Capital has…

Dogecoin started another decline from the $0.1285 resistance zone against the US Dollar. DOGE is consolidating and might resume its decline below $0.1220. DOGE price is moving lower below the $0.1250 support zone. The price is trading below the $0.1250 level and the 100-hourly simple moving average. There is a key rising channel or a bearish flag pattern forming with support near $0.1220 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price must settle above…

The Litecoin network is preparing for its 2024 summit in July that will bring together web3 developers, and innovators across the industry to discuss the LTC future. Litecoin price has struggled to establish a bullish momentum above the weekly 50 MA, thus indicating further bearish pressure. Litecoin (LTC), the third largest proof-of-work (POW) secured blockchain with a total hash rate of around 969.52 TH/s, has attracted different opinions over the years due to its macro consolidation. While some crypto analysts…

Bitcoin price extended its losses and traded below the $64,500 level. BTC is correcting losses, but the bears are still in control and aim for more losses. Bitcoin remained in a bearish zone and traded below $64,500. The price is trading below $65,500 and the 100 hourly Simple moving average. There is a connecting trend line forming with resistance at $65,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains at risk of more…

XRP nears critical support line, suggesting a significant potential rally. Technical indicators signal a bullish trend; whale moves 80M XRP. According to the most recent research by cryptocurrency analyst Cryptobilbuwoo0 via X, XRP is about to have a big upward surge. A thorough chart analysis highlighting important technical indicators and historical patterns contrasts XRP against the whole cryptocurrency market cap, therefore highlighting this potential. #xrp #Ripple #total Looking at the XRP/Total chart, XRP has always risen significantly from the rebound…

XRP price started a decent recovery wave above $0.4850. The price reclaimed the 100-hourly SMA and might aim for more upsides. XRP price found support at $0.4600 and started a recovery wave. The price is now trading above $0.4850 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $0.4860 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise unless it fails…