Bitcoin’s Bollinger Bands Hit Record Squeeze: What It Signals and How to Use It

Bitcoin’s weekly Bollinger Bands have coiled to their tightest levels on record—quiet like a library, tense like a drawstring—often a prelude to a forceful move when volatility snaps back. When the Bands Whisper: Bitcoin’s Tightest Weekly Squeeze, Decoded Bitcoin.com News has already published explainers on oscillators and moving averages; consider this your next step in … Read more

Inventor of Bollinger Bands Signals Potential Upside Breakout for Bitcoin

John Bollinger, the inventor of Bollinger Bands, has indicated that bitcoin may be poised for an upside breakout, as noted in a recent social media post. Bollinger, an American author and financial analyst who developed this technical analysis tool in the early 1980s, stated, “Bitcoin looks to be setting up for an upside breakout. $BTCUSD … Read more

Peter Brandt Flags XRP Danger Zone With Breakdown Signal Flashing

Veteran trader Peter Brandt warns XRP may plunge to $1.07, citing a textbook head and shoulders pattern forming as price battles key support near $1.90. Peter Brandt Identifies Classic Reversal in XRP as Tensions Build at Key Level Veteran trader Peter Brandt offered his updated analysis on XRP Wednesday, outlining a bearish outlook based on … Read more

Bitcoin Technical Analysis: Consolidation Continues as Market Tests Key Levels

Bitcoin’s movement held steady over the past hour, trading between $68,856 and $69,156 in a tight range. Bitcoin On the 1-hour chart, bitcoin is facing resistance at $69,444, with support near recent lows of $67,459. This range, paired with low volume, signals a period of consolidation. Traders might consider buying around $67,500 if support holds … Read more

Bitcoin Technical Analysis: BTC Bulls Make Another Attempt at Price Peak

Following a recent boost in bitcoin prices driven by the U.S. jobs report, BTC/USD traded at $71,447 on Nov. 1, 2024, showing encouraging resilience around support zones despite recent price fluctuations. Bitcoin In late October, bitcoin climbed to $73,600 before experiencing a pullback that brought prices below $70,000. Today, the price has seemingly stabilized above … Read more

Ethereum Technical Analysis: ETH Price Holds Key Support, Eyes Upper Breakout

On Oct. 21, 2024, ethereum holds steady at $2,706, sticking within a key trading zone after recently hitting a high of $2,769. Technical indicators across various timeframes paint a mixed picture, as oscillators suggest caution while moving averages still point to a largely bullish trend. As ether hovers between support and resistance, traders should stay … Read more

Ethereum Technical Analysis: Bullish Breakout Needed to Reverse Bearish Trend

As of Oct. 14, 2024, ethereum’s price is $2,541, with a total market cap reaching $305 billion. In the last 24 hours, ETH has swung between $2,436 and $2,555, supported by a trading volume of $14.31 billion. Despite this activity, technical indicators hint at continued bearish momentum, with key support levels under pressure. Ethereum On … Read more