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Bitcoin faces crucial resistance as submerged cohorts of hodlers affect market sentiment

Quick Take Information drawn from recent data analysis underscores the significant resistance that Bitcoin is encountering, with a price range from $26,419 up to $26,773. This resistance is critical because three different cohorts of average withdrawal prices are currently tagged as underwater, meaning that the current price is below the average price at which the […] The post Bitcoin faces crucial resistance as submerged cohorts of hodlers affect market sentiment appeared first on CryptoSlate. дальше »

2023-8-25 01:00


GMX Token Faces Triple Top Rejection: Key Levels to Watch – Is This a Buying Opportunity or Further Descent Ahead?

In July, The GMX token experienced a surge, hitting our projected resistance level of $60 and even touching the 200-day moving average, which stands at approximately $62. However, this euphoria was short-lived as the token faced three consecutive rejections at this level, possibly indicating a Triple Top formation. дальше »

2023-8-22 18:18


Bitcoin Longs Could Precipitate Plunge To $28,000, This Chart Urges Caution

After a week of moving sideways, the Bitcoin price is finally experiencing some action; bulls are pushing for the most immediate critical resistance. The increasing uncertainty in the macroeconomic landscape supports the spike in price action, but optimist operators might have been too fast at jumping to their positions. дальше »

2023-8-10 19:34