Coinpedia’s Price Analysis provides you with the latest content on the recent market trend that enables you to get closer to the price movements & actions of the various cryptocurrencies. With the precise analysis and projections, one can get an idea of the upcoming price movements with the short-term & long-term predictions. 2478 articles
In the ongoing correction, Dogecoin falls 25% in value in just 23 days, reaching the bottom support level of $0.60. Falling around 20% last week, the crashing markets fueled the negative cycle in Dogecoin, breaking multiple support levels. However, the meme coin finds support and hatches a reversal plan to reboot a bull run. Dogecoin …
ERElena R·22 Aug 20231 min
Crashing markets push the XRP price below the support trendline of the falling channel, resulting in a drop to $0.43 before closing at $0.50. With a morning start pattern to resurface above the 200-day EMA, the XRP price jumps by 6.63% over the weekend. The weekend recovery retests the broken falling channel and subsides under …
Sohrab Khawas·21 Aug 20232 min
Ethereum (ETH), a prominent smart contract and DeFi platform with a Total Value Locked (TVL) exceeding $22 billion, has recently introduced the Shanghai upgrade, a move aimed at facilitating the withdrawal of staked Ethers. However, this development has not managed to dispel the persisting bearish sentiment that has loomed for the past four months. The …
Zameer Attar·21 Aug 20232 min
The crypto market experienced significant turbulence with a billion-dollar loss within a day, leaving crypto assets in a precarious position. Bitcoin’s current value of approximately $26,000 reflects a complex interplay of factors that have triggered widespread selling among traders. One pivotal element contributing to this uncertainty is the ongoing Grayscale versus US SEC case, which …
Sohrab Khawas·21 Aug 20232 min
With altcoins marking a third bearish day this week, the BNB coin price faces extensive selling from its investors. Breaking below a bullish pattern, Binance coin price succumbs to bearish market conditions, leading to a 5.78% drop in the last 8 days. Failing to rise above the 50-day EMA and $250, the BNB coin price …
Sohrab Khawas·19 Aug 20231 min
Following the remarkable recovery in early 2023, the AVAX price action enters a crushing correction phase. Experiencing extensive selling pressure at $21, the AVAX prices fail to find support at any crucial level for long. Bouncing back from $11 in June lit lamps of hope for Avalanche, leading to a 32% gain to reach $15. …
Qadir AK·19 Aug 20231 min
A few days before the ongoing correction phase, the Bitcoin price action was approaching the 2023 bull run support trendline. However, the sharp increase in selling pressure breaks the trendline and brings BTC’s market value to $26K. Unline Bitcoin, Shiba Inu coin price manages to bounce back from the support trendline with a lower price …
Qadir AK·19 Aug 20231 min
With the buyer’s confidence going haywire, the altcoins are struggling to find a solid footing to hold the downfall. With top coins like Bitcoin(BTC) and Ethereum(ETH) down by 7.52% and 6.02%, Litecoin faces intense bearish pressure. Trending lower within a channel to complete a negative cycle in a rising channel LTC price action creates a …
Sohrab Khawas·18 Aug 20231 min
With a market-wide FUD crashing altcoins, Bitcoin Cash price ends the consolidation range and falls under the 50-day EMA. Making two consecutive bearish candles, accounting for a 20% drop in BCH price, the breakdown rally tests the 200-day EMA. At the confluence of the 200-day EMA and the 61.80% Fibonacci level, a lower price rejection …
Sohrab Khawas·18 Aug 20231 min