If Bitcoin price remains in the current range, ADA, THETA, XMR and AMP could bounce higher over the coming days.
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.
DOT emerged as one of the best-performing tokens week-to-date as traders' focus shifted to its listing on Coinbase Pro and Kusama's first-ever parachain auction, set to go live on June 15.26543
One random cryptocurrency’s market valuation jumped by billions of dollars in just three hours, reaching the 17th spot on the top crypto index.55719
Spot Bitcoin prices rallied toward $40,000 over the weekend but hinted at bullish exhaustion as CME Bitcoin futures opened Monday with a $1,500-plus gap.22679
AAVE, KSM, ALGO and TFUEL are showing signs of strength while Bitcoin bulls attempt to push BTC price over $38,000.43396
Bitcoin market sentiments remain skewed to the downside even after it becomes a legal tender in El Salvador following a parliamentary nod.19666
Bitcoin is on the verge of a trend defining move and if bulls succeed, ETH, ADA, SOL and THETA could rally higher.62861
The U.S. dollar index recorded its best daily performance in almost nine months just as the BTC/USD exchange rate fell following Elon Musk's cryptic tweet.33138
The token emerged as one of the top performers in the cryptocurrency market — even as traders mass-dumped other assets.27410
The Dogecoin bull run is not over thanks to its Coinbase listing and simultaneous DOGE price rally.18780
MATIC, EOS, XMR and AAVE could rally higher over the coming days if Bitcoin price can sustain within the $30,000 to $33,000 support zone.79672
A recent market outlook published by Glassnode shows institutions are returning to the Bitcoin market after May 19 crash.68632
A majority of Bitcoin investors that held the cryptocurrency during its turbulent periods stand profitable.54290
The money printer is going brrr in the United States.62010
New data shows a dramatic rise in the number of Bitcoin wallets holding anywhere between 100 BTC to 1,000 BTC — but there may be a catch.46495