Market Update
Bitcoin eyes a 35% breakout as analysts point to a bullish RSI signal and the upcoming FOMC interest rate decision.
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Price Analysis News
Price analysis is the ongoing process of cryptocurrency traders and analysts finding patterns in the market to determine optimal trading strategies and gauge market sentiment for the cryptocurrency market at large or for specific assets such as Bitcoin (BTC), Ether (ETH), XRP, Litecoin (LTC), etc.
The two main indicators that are sought after are whether or not the market is bullish with upward-trending price action or bearish with downward pressure on price.
Price analysis techniques vary and are often used in unison to provide as detailed a perspective of market conditions as possible. Traders may analyze a cryptocurrency’s volume in relation to its price or use candlestick charts to gauge market sentiment on a daily basis.
The tools and techniques of price analysis are ultimately the means of spotting patterns at the micro and macro levels as indicators of overall industry growth.
- Market Analysis
Bitcoin futures open interest dropped by $2 billion ahead of this week’s FOMC, but the Coinbase premium index shows traders are determined to defend the $115,000 price level.
1427 - Altcoin Watch
Whale selling and a reduction in XRP ledger activity over the past two months increased the downside potential for XRP price to drop toward $2.
6340 - Market Analysis
Bitcoin’s $113,000 zone emerges as a critical support with new investors absorbing whale supply, hinting at one of the last discounts before new highs.
7242 - Price Analysis
Bitcoin is facing solid resistance at $117,500, but the possibility of a rally to $124,474 remains high as long as the price remains above the moving averages.
6335 - Market Analysis
Bitcoin braced for further gains toward $120,000 after finishing the week in the green above $115,000, new price analysis concluded.
2157 - Altcoin Watch
DOGE’s price technicals and onchain data suggest the bull market is not finished, strengthening the case for a move toward $0.60.
20027 - Market Analysis
Bitcoin miners’ current rate of accumulation mirrors a pattern that fueled a 48% rally in 2023, but macroeconomic risks could cap BTC’s gains.
9405 - Price Analysis
Solid inflows into spot Bitcoin ETFs signal sustained demand from the bulls, increasing the likelihood of a break above the $117,500 resistance. Will altcoins follow?
17865 - Market Analysis
Solana futures open interest rose to $16.6 billion as Galaxy and Forward Industries joined the adoption party. Is SOL headed toward $300 next?
4866 - Market Analysis
Bitcoin price sees a modest recovery driven by derivatives, with big overhead resistance above $116,000 in place and several key support levels below.
8101 - Market Analysis
Ether price is pinned below $5,000, but heavy accumulation and record institutional flows set the stage for a potential $6,800 target in Q4.
15950 - Market Analysis
XRP reserves grew by 1.2 billion, and the altcoin’s price topped $3 the next day. Is this a sign that traders expect new highs if an XRP ETF is approved by the SEC?
5992 - Price Analysis
Bitcoin and altcoins picked up momentum after the softer-than-expected US inflation numbers boosted traders' confidence for a rate cut during the Federal Reserve's next meeting.
11034 - Market Update
Bitcoin surged past $114,000 as softer-than-expected US PPI data reinforced Federal Reserve interest rate cut expectations.
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