On Friday, bitcoin reached its highest price since late July, coming within just $ 2 of breaking through the $ 69,000 mark. Recent data shows the cryptocurrency market has been on a consistent upward trend, with the entire digital asset economy now valued at $ 2.35 trillion, reflecting a 2.63% rise over …
Ethereum Technical Analysis: ETH Struggles Below Resistance
Ethereum Technical Analysis: ETH Faces Pivotal Resistance
On Sept. 9, 2024, ethereum’s price hovers at $ 2,309 as it struggles to break free from a strong downtrend, observed across multiple timeframes. The market reflects uncertainty, with oscillators showing mixed signals and moving averages signaling a bearish outlook. While there are signs of accumulation near current support levels, the broader market environment …
Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000
On September 9, 2024, bitcoin is trading for $ 55,321, rebounding from recent lows but facing strong resistance around the $ 56,000 mark. Oscillators and moving averages present a mixed picture, with signals split between sell and buy actions. Bitcoin Bitcoin’s price saw a short-term recovery, rising from a low of $ …
Bitcoin Technical Analysis: BTC Fails to Break Key Resistance Levels
On September 2, 2024, at 7:30 a.m. EDT, bitcoin’s price stood at $ 58,388, fluctuating within an intraday range of $ 57,257 to $ 58,698. With a trading volume of $ 29.57 billion and a market capitalization of $ 1.15 trillion, the leading crypto asset demonstrated significant volatility. Technical indicators …