Analysis Crypto by Thebittimes.Com

Join Our Telegram channel to stay up to date on breaking news coverage The bearish market season is still ongoing. Nevertheless, some coins have been outperforming others well, while certain coins are also displaying indications of a shift in the market’s downward trend . This demonstrates that as they increase their orders in demand zones, the majority of bulls are starting to feel more optimistic. Among the coins with potential profits are Loopring and Axie Infinity. As the SMA indicator signaled bullish, LRC/USD engulfed more than twenty daily bearish candlesticks in just one day. This reveals the intention of the bulls to squeeze the bears out of the market. Axie Infinity now recuperates from the oversold region. The liquidity void appears to be the first exit for the bull. Loopring (LRC/USD) The market’s overall trend has been bearish since April 2022. Amidst the bears’ dominance, the bulls strived to drive the market upward within an ascending chan...

Join Our Telegram channel to stay up to date on breaking news coverage Whilst the bear market season hasn’t ended, some coins have been performing well for weeks now. Some coins are also showing signs of change in the market trend to the upside. This shows that most bulls are beginning to have their hopes raised as they build up orders in demand zones. Dogecoin has had a quick rally in the past few days, with over 100% returns made in less than one week. Dogecoin continues to rally as it keeps breaking market structure to the upside. Following the bullish divergence on Waves’ daily chart, the bulls stormed the market and never ceased to open more long positions. Dogecoin (DOGE/USD) The market&rsquo ;s downtrend ended in June 2022 when prices hit the $0.050 demand zone. Following the rebuff at the $0.090 supply zone, DOGE/USD fell, but only to consolidate within a range. The Relative Strength Index (RSI) indicator reveals that the market is currently in an overbo...

The Bitcoin price is trading bearish near $20,600 during the Asian session, having bounced off the $20,000 support level. Similarly, Ethereum has gained over 4% to $1,585 and is heading north toward the 78.6% Fibonacci retracement level. Early on October 29, major cryptocurrencies were trading in the green, as the global crypto market cap surpassed $1 trillion, up from $979.72 billion the day before. DeFi's total volume was $4.00 billion, accounting for 4% of the crypto market's total 24-hour volume. Top Altcoin Gainers and Losers Mina (MINA), Dogecoin (DOGE), and Shiba Inu (SHIB) were the top performers in the last 24 hours. MINA's price has increased by more than 29% to $0.77, while DOGE's price has increased by nearly 15% to $0.086. At the same time, SHIB has gained more than 12% to trade at $0.000011. Top Altcoin Gainers and Losers - Source: Coin360  TerraClassicUSD (USTC) has dropped more than 4% this week to $0.041. Casper (CSPR) ...

During the Asian session, the Bitcoin price's bullish streak continues, and BTC has soared over 2% to $20,735. In contrast, Ethereum is on a tear, rising more than 5% in the last 24 hours to trade at $1,560. Major cryptocurrencies were trading in the green early on October 27 as the global crypto market value gained, rising from $976 billion to $1 trillion.  A top US bank regulator has stated that the government wants to make it easier for banks and their clients to hold cryptocurrencies while maintaining control over the rapidly growing asset.   In an interview published on Monday by Reuters, Jelena McWilliams, chair of the Federal Deposit Insurance Corporation, said that a group of US bank regulators is working on a guide for financial institutions to use when dealing with cryptocurrency.  This is considered good news because it will help increase crypto adoption and demand in the long run. Let's take a look at the top winners and...

Join Our Telegram channel to stay up to date on breaking news coverage Klaytn and Chiliz coin have been in an upward rally for the past few days. The rapid surge in the price of Klaytn from the oversold region within the last three days reveals the intention of the bulls to change the market’s environment to the upside. Similarly, with CHZ/USD, the demand zone at $0.1630 has already been hit. This indicates an impending bullish move. Amongst the potentially bullish coins, Tamadoge seems to be prominent and promising as it approaches a pool of buy orders inside an oversold region. An expansion from this oversold region might attract more bulls into the market. Klaytn (KLAY/USD) After a successful breakout below the previous support at $0.209220, KLAY/USD made a final bearish move into both an oversold region and the demand zone at $0.120200. The price is currently expected to make a short retracement into the daily fair value gap before expanding further upward. ...

  Yesterday’s AAVE bullish market took the price to exactly the $90 price level before the bearish resistance made the market pull back. As today’s market opened, the bullish market attempted the same $90 price level and it was rejected again. This time, the price fell to $87. It is looking like the market has formed a major resistance level at $88.85 where the price was rejected. AAVE Market Price Statistic: AAVE/USD price now: $87.14 AAVE/USD market cap: $1,229,385,392 AAVE/USD circulating supply: 14,093,192.58 AAVE/USD total supply: 16,000,000 AAVE/USD coin market ranking: #44 Key Levels Resistance: $0.900, $0.950, $1.000  Support: $0.8250, $0.8000, $0.761 Aave Market Price Analysis: The Indicators’ Point of View Although the upper band of the Bollinger widened due to yesterday’s strong bullish market , it is now pulling back because today’s bullish price was rejected at the $90 resistance level . And now due to a reduction in ...

Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin Price Prediction – October 20 Buyers and sellers are not pushing for a significant direction in the BTC/USD market operation. Therefore, the situation is dense as the price may relax near the $20,000 line for some time. After rising and decreasing between $19,342.12 and $18,923.03, price now trades around $19,280.42 at a minute 0.79 percent positive. BTC/USD Market Key Levels: Resistance levels: $22,500, $25,000, $27,500 Support levels: $17,500, $15,000, $12,500 BTC/USD – Daily Chart The daily chart reveals Bitcoin market may relax closely below $20,000 against the US Dollar for a while. The 145-day SMA indicator is at $19,457.29, beneath the $21,395.04 value point of the 50-day SMA indicator. Variant trading Japanese candlesticks have been forthcoming to characterize lower lows around the trend line of the smaller SMA. The Stochastic Oscillators have faintly swerved northbound from wit...

Join Our Telegram channel to stay up to date on breaking news coverage Amidst the current bearishness in the cryptocurrency market , HT, XCN, and TAMA are looking spectacular as they make potential bullish moves. With Huobi Token (HT) making a sudden breakout out of its diagonal resistance, XCN keeps heading towards its diagonal resistance with full buying force. Huobi Token (HT/USD) Until the sudden breakout, a diagonal resistance has been keeping the Huobi Token in a downward trend for a very long time. This sudden breakout was due to the liquidity grab below the equal lows around the $4.50 demand zone. The RSI indicator has already indicated that the market is currently overbought. Therefore, a correction downward is expected until the liquidity void is filled, after which the buyers can resume the market trend upward. Huobi Token (HT/USD) Current Price: $7.82 Market Capitalization: $1.2B Trading Volume: $35M 7-day Gain: 8.23% Chain (XCN/USD) The descending trend of ...