Bitcoin, Ethereum Technical Analysis: ETH, BTC Remain Lower as Commodity Prices Hit New Highs

Cryptocurrencies were once again trading lower on Tuesday, as markets were mainly focused on surging commodity prices. Crude oil climbed to a 14-year high of over $130 per barrel, whilst gold was fast approaching its own all-time high. Bitcoin Bitcoin was trading below $40,000 on Tuesday, as the volatility surrounding the war in Ukraine continued … Read more

Technical Analysis: WAVES Almost 20% Higher to Start the Week, as FLOW Also Rises

WAVES was once again trading higher, as cryptocurrency markets marginally climbed to start the week. Although the weekend’s red wave has not fully faded, FLOW was also able to move higher on Monday. WAVES WAVES rose for a second consecutive session to start the week, breaking out of its long-term resistance level in the process. … Read more

Bitcoin, Ethereum Technical Analysis: BTC Consolidates, Following Turbulent Weekend of Trading

Recent declines in the world’s two largest cryptocurrencies eased to start the week, as both seemed to have found their respective floors. Bitcoin consolidated losses during Monday’s session, while ETH continued to trade sideways. Bitcoin Following a drop to a one-week low below $38,000 on Sunday, the price of bitcoin rebounded to start the week, … Read more

Technical Analysis: Record Broken, as ANC Falls Over 20% on Sunday

Following a week-long winning streak, ANC finally fell on Sunday, as crypto bears finally entered the fray. Despite this, WAVES managed to maintain recent highs, and has now climbed close to 60% in the last week. Anchor protocol (ANC) Following a streak of fresh record highs from Wednesday to Saturday, Sunday saw anchor protocol (ANC) … Read more

Bitcoin, Ethereum Technical Analysis: ETH Prepares for Rally, While BTC Seeks Support

Bitcoin remained under the $40,000 level on Sunday, as bears continued to pressure cryptocurrency markets. This pressure also kept ethereum lower, with the world’s second-largest crypto hovering around its long-term support level. Bitcoin Sunday saw the price of bitcoin (BTC) trade lower for a fifth consecutive session, as it was unable to shake off recent … Read more

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $40,000 to Start Weekend

Bitcoin has fallen below $40,000 to start the weekend, as cryptocurrency markets extend recent losses. ETH was also lower on Saturday, falling to its lowest point this week in the process. Bitcoin BTC fell for its fourth consecutive session on Saturday, as the world’s largest cryptocurrency dropped below its long-term support level. The price of … Read more

Technical Analysis: ANC Captures Friday’s Largest Gains, as WAVES up Nearly 100% in the Last Week

Anchor protocol and WAVES were some of Friday’s biggest gainers, as crypto markets mainly traded lower at the end of the week. At the time of writing, the global cryptocurrency market cap has dropped over 4%, with GALA and MKR, the day’s biggest decliners. WAVES WAVES extended its recent streak on Friday, as the world’s … Read more

Bitcoin, Ethereum Technical Analysis: BTC Approaching $40,000 Support on NFP Day

Following three consecutive sessions of declines, BTC was fast approaching its support level of $40,000 on Friday, as markets prepared for February’s nonfarm payrolls report. This came as ETH also fell lower, and is approaching its own floor of $2,500 in the process. Bitcoin BTC bulls have been few and far between over the last … Read more

Bitcoin, Ethereum Technical Analysis: BTC Surge Stalls at Key Resistance Level

Following Tuesday’s price surge, bitcoin was trading lower during today’s session, as markets hit a key resistance point. This comes as ETH was once again trading below the $3,000 level. As of writing, the crypto market cap is down 1.87%. Bitcoin BTC bulls ran into a stumbling block on Wednesday, as traders appeared to once … Read more

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