Analysis Daily TheBitTimes.com

Buyers Defend $19.5K Support as It Challenges the $20.5K High – August 30, 2022 BTC/USD is in a downtrend but recovers as it challenges the $20.5K high. The crypto’s price is making a series of lower highs and lower lows. BTC price has declined to the low of 19,540 as it reaches the oversold region. Bitcoin Price Statistics Data: •Bitcoin price now – $20,328.36 •Bitcoin market cap – $388,933,350,676 •Bitcoin circulating supply – 19,137,562.00 BTC •Bitcoin total supply – $426,807,040,320 •Bitcoin Coinmarketcap ranking – # 1 Resistance Levels: $50,000, $55, 000, $60,000 Support Levels: $25,000, $20,000, $15,000 Buy Bitcoin Now Your capital is at risk. Buyers have been able to push Bitcoin above the $20,000 psychological price level. The cryptocurrency is likely to rise again if the current support holds. The bearish trend will be weakened if the BTC price breaks above the 21-day line SMA. Nonetheless, Bi...

Bullish momentum wanes as SEI hits $0.1715 resistance. SEI stabilizes around support after a 2.22% drop from the high. High trading volume and indicators suggest a potential SEI rebound. Bullish momentum for the Sei (SEI) project has weakened in the previous 24 hours after hitting resistance at the 7-day high of $0.1715. As a result, negative momentum swept in, lowering the price to an intraday low of $0.1426, where support was established. Since then, the price has steadied, hanging around the support level, signaling that a consolidation period is imminent. SEI was trading at $0.1422, a 2.22% decrease from the intraday high. Profit-taking by traders who purchased at the support level may account for this drop. SEI’s market capitalization fell 1.63% to $255,897,911, while its 24-hour trading volume increased 40.40% to $394,759,480. Despite the recent price drop, this surge in trading volume demonstrates that there is still strong interest and activi...

Join Our Telegram channel to stay up to date on breaking news coverage ApeCoin is targeting $5.9 resistance level APEUSD Price Analysis – September 18 A breakup at the resistance level of $5.9 will expose ApeCoin to $7.5 and $8.5 resistance levels. Below the current price level are found support levels at $5.2, $4.7 and $4.1. Key Levels: Resistance levels: $5.9, $7.5, $8.5 Support levels: $5.2, $4.7, $4.1 APE/USD Long-term Trend: Bullish ApeCoin is on the bullish movement in the daily chart. The bears could not break down the support level of $4.1 when the price tested the level on September 06. The bulls reacted against the bearish movement and strong daily bullish candle emerges and the price increases to the resistance level of $5.9. The level has been tested twice and pulled back. However, further price increase envisaged. The Relative strength index Period 14 on the daily chart is at 51 level with the signal line pointing downwards which indicate a bearish si...

Join Our Telegram channel to stay up to date on breaking news coverage The price action formed Double bottom in CRO market CRO/USD Price Analysis September 27 The breaking up of the $0.130 resistance level may push up CRO to penetrate $0.141 and the price will target the resistance levels at $0.157. Inability to break up the resistance at $0.130 level may decrease the price towards the support levels at $0.110, $0.100, and $0.091. CRO/USD Market: Key Levels: Resistance zone: $0.130, $0.141, $0.157 Support zone: $0.110, $0.100, $0.091 CRO/USD Price Long-term Trend: Bullish Cronos is bullish on long-term outlook. A bullish chart pattern formed on the daily time frame, it is called a double bottom chart pattern.  The support level of $0.100 has been tested twice; the first touch was on June 18, while the second touch was on September 21. The bullish engulfing candle formed at the mentioned level has triggered a bullish movement. The price is increasing towards the resis...

BTC bulls were liquidated during the drop to $15,500 on Nov. 21, and more downside could occur if bears profit $245 million during Friday’s expiry. Bitcoin (BTC) faced a 7.3% drop between Nov. 20-21 as it tested the $15,500 support. While the correction seems small, the movement has caused $230 million in liquidations in futures contracts. Consequently, bulls using leverage came out ill-prepared for the $1.14 billion monthly options expiry on Nov. 25. Bitcoin investors’ sentiment worsened after Genesis Trading, which is part of the Digital Currency Group (DCG) conglomerate, halted payouts at its crypto lending arm on Nov. 16. More importantly, DCG owns the fund management company Grayscale, which is responsible for the largest institutional Bitcoin investment vehicle, the Grayscale Bitcoin Trust (GBTC). Additionally, Bitcoin miner Core Scientific has warned of “substantial doubt” about its continued operations over the next 12 months given its financial uncertainty. In its quarterly r...

Table of contents What is Arbitrum (ARB)? Arbitrum (ARB) Market Overview Analysts’ View on Arbitrum (ARB) Arbitrum (ARB) Current Market Status Arbitrum (ARB) Price Analysis 2023 Arbitrum (ARB) Price Analysis – Keltner Channel Arbitrum (ARB) Price Analysis – Relative Strength Index Arbitrum (ARB) Price Prediction 2023 Arbitrum (ARB) Price Prediction 2024 Arbitrum (ARB) Price Prediction 2025 Arbitrum (ARB) Price Prediction 2026 Arbitrum (ARB) Price Prediction 2027 Arbitrum (ARB) Price Prediction 2028 Arbitrum (ARB) Price Prediction 2029 Arbitrum (ARB)  Price Prediction 2030 Arbitrum (ARB) Price Prediction 2040 Arbitrum (ARB) Price Prediction 2050 Conclusion FAQ What is Arbitrum (ARB)? Arbitrum is a layer-two (L2) scaling solution built on the Ethereum network, which utilizes optimistic rollups to enhance the speed, scalability, and cost-efficiency of Ethereum transactions. By shifting most of the computation and storage load off-chain, Arbitrum offers higher throughput and lo...

Avalanche Blockchain is a layer one blockchain and is considered one of the most cost-effective and eco-friendly blockchains in the crypto and blockchain industry. AVAX is the native token of the Avalanche blockchain. AVAX can be used as a utility token within the Avalanche ecosystem. As one of the top-rated altcoins, AVAX investors are still bullish on the token. Moreover, AVAX hodlers and stakers could receive gains and rewards over time. If you are interested in the future of Avalanche (AVAX) and would want to know the price analysis and price prediction of AVAX for 2023, 2024, 2025, 2026, and up to 2050, keep reading this CoinEdition article. Avalanche(AVAX) Market Overview Name Avalanche Symbol avax Rank #17 Price $17.63 Price Change (1h) -0.24773 % Price Change (24h) 0.37996 % Price Change (7d) -0.50464 % Market Cap $5753575560 All Time High $144.96 All Time Low $2.8 Circulating Supply 326136844.689 avax Total Supply 422199472.502 avax What is Avalanche (A...