Top 5 cryptocurrencies to watch this week: BTC, ETH, NEAR, MANA, LEO

on Jan. 25 through River brokerage. On that day, Bitcoin traded roughly between $35,700 and $37,600. If the Texas Senator has held his purchase, he is already in the profit.Although the sharp recovery in Bitcoin’s price may have provided relief to the bulls, data analyst Material Scientist warned that large traders with a ticket size of over $100,000 are selling the rally.

If the price turns down from the overhead zone but does not plummet below $39,600, it will suggest that the level has flipped to support. The bulls will then again try to push the pair above the zone. If they succeed, the next stop could be the 200-day SMA .The 4-hour chart shows an ascending triangle formation, which completed on a break and close above $39,320. This bullish setup has a pattern target at $45,722. The price is currently stuck in a tight range between $42,168 and $40,843.

Alternatively, a break below $2,652 will suggest that the pair may continue to trade inside the channel for a few more days.The 4-hour chart shows the price is rising inside an ascending channel pattern. The 20-EMA and the 50-SMA have turned up and the RSI is in the positive territory, indicating that bulls have the upper hand.

Currently, the recovery is facing stiff resistance at the 200-SMA. If the price rebounds off the 20-EMA, it will suggest that bulls are accumulating on dips. That could improve the prospects of a break above 200-SMA. If that happens, the up-move could reach the pattern target of the setup at $16.36.

Hey Crypto family More Adoption JUST IN The Boxabl home makers have started taking investments in crypto and soon they are going to accept crypto for house payments 🏘️ Boxabl GalianoTiramani PaoloMBTiramani

We don't buy bitcoin We earn bitcoin From Mining I'm ready to show 10 lucky people how to earn 0.1BTC ($4100) and more daily! No referral No withdrawal fees If interested, kindly send a DM

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This bullish Ethereum options trade targets $3.1K ETH price with zero liquidation riskThe crypto market is starting to turn around, raising opportunities for risk averse traders to use the Long Condor options strategy to long ETH. Maybe the keys of the house or car you want so much are in the hands of $SHIB . Are you going to miss this opportunity and just watch? SHIB $BTC Bitcoin $ETH $BNB $SOL $ADA $XRP $DOT $DOGE $AVAX $LUNA $MATIC $MANA $AXS $SAND $BLOK $ENJ $ATOM Metaverse SHIBerse $GREEN is steadily climbing as well, buy and stake before the next explosion! GreenChartArmy
Source: Cointelegraph - 🏆 562. / 51 Read more »

Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% reboundA recent bout of buying in the Ethereum market pushed the ETH price above its 50-week exponential moving average, strong support from the 2020-2021 market boom. BTC 20k first ETH is garbage Urethrium is Garbage shït. Centralised coin of wef
Source: Cointelegraph - 🏆 562. / 51 Read more »

BTC, ETH, XRP, ADA and BNB Price Analysis for February 5Which coin can show a more prolonged rise? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX CardanoStiftung ADAcoin_ Cardano cardano
Source: Utoday_en - 🏆 295. / 63 Read more »