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Technical Analysis: DOGUSD 24.03.2023
Dogecoin remains under pressure. Even though it is up roughly 10% in the last trading week, it remains within a bear formation with caps at $0.078. The good news is that DOGE prices are above the middle BB and steady above $0.070. Still, for the uptrend to take shape, there must be a conclusive high volume close above $0.078 in the days ahead.
Technical Analysis: BTCUSD 24.03.2023
Bitcoin prices are steady at spot rates, and the uptrend remains. After contractions on March 22, the recovery yesterday has been noteworthy. Specifically, BTC is inside a rising channel with caps on the upside at $29k. Meanwhile, the uptrend will be so as long as prices are inside or above the range defined on March 17. Support is at March 22 lows at around $26.6k.
Technical Analysis: LTCUSD 23.03.2023
Litecoin remains firm at spot rates. Even though bulls failed to follow through and push the coin above the current consolidation, the uptrend remains, considering their push yesterday. The immediate resistance remains at $90, marking the top of the current expanding wedge.
Technical Analysis: BTCUSD 23.03.2023
Bitcoin is trading lower at spot rates, contracting from recent peaks, and slowing after yesterday's news. Fundamental factors appear to be capping the uptrend, forcing the coin lower, a retracement expected after strong gains. From the daily chart, BTC has support at February highs, and buyers need to break above the current consolidation to reassert their presence.
Technical Analysis: ETHBTC 22.03.2023
Bitcoin bulls are in the driving seat, adding 12% versus ETH, looking at the candlestick arrangement in the daily chart. Notably, the coin is within a breakout formation, forcing ETH back below October 2022 lows. As it is, BTC bulls can continue looking for entries on every attempt higher towards resistance at 0.066 BTC, targeting 0.058 BTC in the short term.
Technical Analysis: BTCUSD 22.03.2023
Bitcoin's march higher continues as of writing. From the daily chart, BTC buyers continue to step up their accumulation, pushing prices higher. BTC may extend their gains, building on recent gains, in continuation of the bullish breakout formation above February highs. The next feasible target stands at $32k.
Technical Analysis: SNXUSD 21.03.2023
Synthetix prices are firm, adding roughly 45% from last week's lows. Though prices are inside a bull flag, buyers are determined to press on. In the short term, resistance remains at around $3.3. Any surge above this reaction line may see the token break higher, printing new 2023 highs in continuation of buying pressure from Q4 2022.
Technical Analysis: BTCUSD 21.03.2023
Bitcoin remains in an uptrend, reading from the performance in the daily chart. Even though there was a contraction on March 20, forcing the coin below $28k, buyers are still in control. As it is, BTC will be bullish, provided prices are above $25k and February 2023 high.
Technical Analysis: ETHUSD 20.03.2023
Like the rest of the crypto market, Ethereum is in a firm uptrend. As an illustration, the coin is up roughly 70% from November lows, breaking above February highs. Technically, buyers are in control, and the bullish formation remains as long as ETH trends above $1.75k.
Technical Analysis: BTCUSD 20.03.2023
Bitcoin is firm at spot rates, up 25% week-to-date, and trading at highs above August 2022 highs. With the trend defined and bulls determined, traders can continue looking for entries to double down, targeting $30k and $32k in the coming days.
Technical Analysis: DSHUSD 17.03.2023
Following steep losses on March 15, DASH remains under pressure. The short-term trend is bearish, and prices are inside a bull flag. For this to change, prices must break above the descending channel, piercing above $60 with increasing participation.
Technical Analysis: BTCUSD 17.03.2023
Bitcoin prices are firm at spot rates and trading volumes are relatively high, supporting the uptrend. Following today’s gains, bulls successfully pushed above February highs and broke from the consolidation, trading above $25.3k. This is an assurance for traders and sets the foundation for another leg up towards $28k or better in the days ahead.
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CryptoAltum does not accept any clients under the age of 18.