Bitcoin Price Holding But May Slip
Bitcoin price has held above a significant support level all day, but keeps retesting it as if not sure about moving higher just yet. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 16h59 UTC. BTC-China 15-Minute Chart. From the analysis pages of xbt.social, earlier today: The 15-minute chart shows the 1.618 Fib extension target identified yesterday, near 1680 CNY / $275, as well as a lower target at 1650 CNY / $264 - indicated with a....
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Crypto is still holding up to all of the onslaughts. It, like other financial markets, has been subject to a lot of stress following the political tensions that continue to rage on. However, investors have found solace in the digital assets that have continued to hold up. Although returns have not been great, there has not been too high a slip in prices. But it hasn’t helped market sentiment much. The crypto market is propelled a lot by investor sentiment. Depending on where sentiment skews, it can be an indicator of where the market is headed. Currently, market sentiment is very much in....
The latest bearish streak sees $32,600 come and go, with selling pressure in evidence as BTC/USD sheds another 2.7%. Bitcoin (BTC) fell to support which could determine a $30,000 retest on July 13 as bulls failed to make their case for fresh gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bulls see $33,000 slip awayData from Cointelegraph Markets Pro and TradingView showed another lackluster performance for BTC/USD on Tuesday, with local lows at $32,240 on Bitstamp.Ranging above $33,000, viewed as the support level to hold as a springboard for bullish continuation,....
After weeks of lower highs and higher lows, XRP’s daily candlestick price chart is now giving a signal that could dictate the next major move. Although the token is still holding above key horizontal levels near $2.13, technical data suggests momentum is starting to slip. A technical analysis of XRP’s daily RSI indicator offers a clue into what comes next, and it’s not necessarily bullish in the short term. XRP RSI Breakdown: Loss Of Strength In Momentum According to an analysis posted by crypto chartist CasiTrades on the social media platform X, XRP’s Relative Strength Index (RSI) has....