Bitcoin’s choppy pattern continues. Here is why the next breakout could be catastrophic
Since breaking below $19,000, Bitcoin (BTC/USD) has been unable to recover to the crucial psychological level. As of press time, the cryptocurrency trades slightly above $16,000, the level it bottomed…
Mars Token price analysis: MRST could be the next big thing
The Mars Token price has been in a consolidation mode in the past few days as investors assess the future of the coin. MRST was trading at $0.0552, where it…
Solana recovers 20%. Here is what is happening and the potential price action next
Solana (SOL/USD) is again flexing its muscles after losing half of its value in two days. On Friday, the cryptocurrency had recovered more than 20%. That ignites hopes that SOL…
Ripple’s XRP continues to be choppy. What’s the next likely price action?
Ripple (XRP/USD) is trading for 0.4756 against the dollar. The value represents a 2% drop in the past day and a 5% increase in the last week. Despite the drop…
Chainlink is about to pull a bullish trigger. Here is what could happen next
For yet another time, Chainlink (LINK/USD) is showing that it is punching below its knees. LINK has been trading within a tight range, with bearish pressure pushing the cryptocurrency below…
Polygon’s MATIC clears resistance on Meta news. Here is the next potential target
It is another good day for Polygon (MATIC/USD). CoinJournal reported that tech giant Meta would use Polygon for its digital collectibles. Meta says that creators can make their own NFTs…
Ethereum overcomes another key resistance. Here is the next target
Ethereum (ETH/USD) has recaptured $1,500. As of press time, the cryptocurrency trades at $1,550 after gains of 20% in the past one week. Technical indicators show that the cryptocurrency has…
Bitcoin rallies to $20,000. Here is the next potential target
Bitcoin (BTC/USD) trades at $20,660 as of press time, the highest level in 6 weeks. The cryptocurrency had added an intraday of 7%. The gains were accompanied by a 157%…
PancakeSwap maintains a descending triangle setup. Here is what could happen next
After remaining in a bullish momentum since June, PancakeSwap (CAKE/USD) buyers seem to have hit speed bumps. CAKE faced resistance at $5.0 in late September, a level more than double…
Ethereum recovers above 200-day MA. Here is the next price target
How long can Ethereum (ETH/USD) stay in the bear market? Not easy to answer, especially since it remains to be seen how the Federal Reserve will act to tame sky-high…