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Bitcoin price analysis: BTC faces difficult resistance level ahead (www.blockcast.cc)

Bitcoin (BTC/USD) price picked up notable momentum on Wednesday as the digital currency hit a new 2023 high. Granted, 2023 is a mere 6 weeks old and the current bull run looks pretty insignificant on the one-year chart. BTC/USD chart by TradingView But I’m not here to ruin the party, rather just trying to gather […]

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Polkadot flips demand zone to resistance, what’s next for DOT on the charts (www.blockcast.cc)

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The bullish order block was flipped to a bearish breaker The higher timeframe market structure was bearish after the move below $5.73 recently Polkadot fell right beneath the $6.3 region of support on 9 […]

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MATIC breaks above key resistance, can it breakout past the $1 mark (www.blockcast.cc)

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. A rejection at $0.92 was expected for MATIC but did not materialize Market structure flips bullish once more, mid-range retested as support as well From 21 October to 26 October, the USDT Dominance metric saw […]

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Assessing the odds of CAKE breaking above its near-term resistance (www.blockcast.cc)

Good news recently came in for PancakeSwap investors as CAKE was able to make it to several lists that had the potential to change CAKE’s fate in the short term. For instance, CAKE was among the top-voted BNB chain projects on CoinGecko, a crypto data aggregator. Apart from CAKE, Baby Doge Coin, SafeMoon, and RichQuake were […]

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MATIC crucial resistance level breaks, bulls plan their next assault (www.blockcast.cc)

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Polygon swift to climb past the mid-range mark last week Buyers look to be in control as Bitcoin battles to stay above $19k USDT Dominance has ranged from 7.28% to 7.7% since the third […]

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MATIC crucial resistance level breaks, bulls plan their next assault (www.blockcast.cc)

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Polygon swift to climb past the mid-range mark last week Buyers look to be in control as Bitcoin battles to stay above $19k USDT Dominance has ranged from 7.28% to 7.7% since the third […]

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Theta Network price crossed a key resistance. Is it a buy? (www.blockcast.cc)

Theta Network (THETA/USD) price went parabolic on Friday as demand for the coin jumped. It rose to a high of $1.6512, which was the highest level since May 11th of this year. It has risen by over 75% from its lowest level this year, bringing its total market cap to over $1.4 billion.  Why is […]

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Why DOT bulls should closely monitor this resistance range to remain profitable (www.blockcast.cc)

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. For over eight months, Polkadot [DOT] has been struggling to bring forth a change in the long-term bearish narrative. The last two weeks, however, have been somewhat hopeful as the alt finds a position […]

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Bitcoin Cash traders should look for a close above this resistance (www.blockcast.cc)

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Since dropping from the $275 baseline in early May, Bitcoin Cash [BCH] finally found rebounding opportunities after plunging to its record low in the $96-zone. The price has been hovering near the upper band […]

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Why Algorand rally is unable to break above mid-range resistance (www.blockcast.cc)

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Over the past couple of days, Algorand [ALGO] has posted gains of nearly 10%. From $0.3 to $0.328, ALGO has moved at the same time Bitcoin bounced from the $20.8k level to reach $23k. […]

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