Price analysis 1/17: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT
Bitcoin’s chart shows a tug-of-war between bulls and bears, and this is having a slight impact on the upward price action of most altcoins.
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Bitcoin’s chart shows a tug-of-war between bulls and bears, and this is having a slight impact on the upward price action of most altcoins.
Bitcoin and select altcoins have risen above stiff overhead resistance levels, signaling that the bottoming process may have begun.
Avalanche was one of Thursday’s big gainers, as the token rose by as much as 22% in today’s session. The move came as inflation in the United States fell to…
A rally in equities markets is providing support to BTC and altcoins, but bulls will likely struggle in keeping the momentum needed to turn overhead resistance levels to support.
Bitcoin and select altcoins are showing signs of starting a sustained recovery over the next few days.
Bitcoin and select altcoins remain under pressure as bounces off support levels are being sold into.
Bitcoin and select altcoins have turned down from overhead resistance levels, indicating that bears remain in control.
Bitcoin and most major altcoins are trading close to their overhead resistance levels, increasing the likelihood of an upward push.
Bitcoin and select altcoins are showing signs of a possible recovery in the near term but higher levels may continue to attract sellers.
The current weakness in BTC and major altcoins shows that investor sentiment remains negative and that bears are active at higher levels.