Ethereum has recently surged with notable momentum, signaling a bullish uptrend. This increase has seen the price reclaim a critical resistance level, reflecting strong buyer confidence and market participant optimism. By Shayan The Daily Chart A thorough analysis of Ethereum’s daily chart reveals a significant shift in market sentiment, characterized …

After experiencing heightened buying pressure and a robust surge, Bitcoin’s price has breached a significant resistance region, notably the psychological threshold of $50K and the upper boundary of the multi-month ascending channel. This signals a notable bull market, with investors eyeing the possibility of Bitcoin reaching new all-time highs in …

After rebounding from the substantial support region around the 100-day moving average, the price initiated a retracement towards the resistance range of $43,578-$45,606. However, the momentum has weakened, suggesting the potential for a new bearish leg. Technical Analysis By Shayan The Daily Chart A thorough examination of the daily chart …

After encountering a significant rejection at the $48K resistance level, Bitcoin has recently discovered support near the crucial 100-day moving average, prompting a slight retracement. However, if a pullback materializes, the most likely scenario would involve a renewed bearish leg, targeting significant support at $38K. Technical Analysis By Shayan The …

Bitcoin’s prolonged downward correction has encountered a pause in the vicinity of a significant support area, primarily defined by the 200-day moving average, sparking a slight rebound. However, the recent uptick appears to lack the necessary momentum, suggesting a potential phase of sideways consolidation. Technical Analysis By Shayan The Daily …

After facing rejection from the formidable resistance zone at $2.6K, Ethereum underwent a substantial downturn, breaking through multiple critical support levels. However, it has now landed at a substantial and decisive range, suggesting the possibility of a bullish reversal. By Shayan Ethereum Price Analysis: The Daily Chart A detailed analysis …

Bitcoin’s retracement has expanded, driven by heightened selling pressure, pushing the price toward a pivotal and decisive support region that includes the critical 200-day moving average and the middle boundary of the ascending channel. The price action within this significant range holds paramount importance in shaping Bitcoin’s future trajectory. Technical …

In the recent market developments, Ethereum showcased a remarkable upswing, surging to a yearly high of $2717. However, this ascent was met with considerable selling pressure, prompting a slight retracement and setting the stage for a potential short-term consolidation correction. By Shayan Ethereum Price Analysis: The Daily Chart A thorough …

After attempting to breach the critical resistance at $48K, Bitcoin encountered substantial selling pressure, resulting in a notable rejection and a drop to the $41K level. However, the cryptocurrency currently seems likely to undergo a brief consolidation before embarking on its next significant move. Technical Analysis By Shayan Bitcoin Price …

Bitcoin’s price has undergone a consistent surge following the recent announcement of SEC ETF approval, reaching a crucial resistance region. This price range includes the upper boundary of the ascending channel and the static resistance at $48K, presenting challenges in reclaiming this significant level. Technical Analysis By Shayan The Daily …

Bitcoin’s price is undergoing increased volatility fueled by the SEC-ETF controversy and a false SEC tweet announcing ETF approval. However, the price encounters a significant resistance zone, and a breakthrough will possibly initiate a robust upward trend, aiming for new ATHs in 2024. Technical Analysis By Shayan The Daily Chart …

Bitcoin’s price experienced a massive drop yesterday, fluctuating over 10% in 24 hours. While the cryptocurrency has yet to break below any significant support level, analyzing the root of this move and what it means for the market is essential. Yesterday’s crash, albeit caused by a questionable report, provides some …