Blockchain
BTC/USD Climbs Over $18K; Ready for the higher levels?
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The bitcoin price prediction is showing positive signs as the king coin is heading to the upside, which indicates more higher levels.
Bitcoin forecast stats data:
- Bitcoin price now – $18,114
- Bitcoin market cap – $348.4 billion
- Circulating Bitcoin Supply – 19.2 Million
- Total bitcoin supply – 19.2 million
- Bitcoin Coinmarketcap Ranking – No. 1
BTC/USD Long-Term Trend: Bearish (daily chart)
Key levels:
Resistance Levels: $21,500, $22,500, $23,500
Support levels: $15,500, $14,500, $13,500
The BTC/USD pair is rising above the $18,000 resistance as a new month high approaches. The Bitcoin price He has his eye on $20,000 and the coin will continue to enjoy a sharp uptrend as long as the cryptocurrency can sustain this upward trend. Meanwhile, bitcoin price is within walking distance to form another rally above the previous high of $18,000, which is quite impressive.
Bitcoin Price Prediction: Where will the Bitcoin price go next?
The Bitcoin price It trades comfortably towards the upper boundary of the channel as the price establishes a new bullish signal. For now, traders can say that the long-term outlook favors the bulls, giving the daily close a large bullish engulfing candle with focus now on the daily resistances at $21,500, $22,500, and $23,500, respectively.
Conversely, any decline from the current level could lead to dips in the critical support below the 9-day and 21-day moving averages. However, in case BTC declines and revisits the lower support level at $17,731, the coin can count on the long-term support levels at $15,500, $14,500, and $13,500. Moreover, the technical indicator’s RSI (14) is now floating above the 60 level, which indicates more bullish signs.
BTC/USD medium-term trend: Bullish (4-hour chart)
According to the 4-hour chart, bitcoin price is trading above the 9-day and 21-day moving averages at $18,101. However, today’s price action is an impressive move as it climbed above the long-awaited $18,000 resistance with a sharp rally. On that note, the BTC/USD pair is now maintaining its bullish trend as the RSI (14) technical indicator is moving inside the overbought zone.
In other words, BTC may make a bearish move if the bulls fail to push the price higher, and the coin may break below the 9-day and 21-day moving averages, which could reach the support level at $17,200 or below. However, if the bulls find a suitable resistance level above $18,000, the coin may cross above the channel which could reach the resistance level of $19,000 and above.
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The Bancor price prediction shows that BNT is crossing the 9-day and 21-day moving averages while the coin is taking off to the upside.
Bancor Prediction Statistics Data:
- Bancor price now – $0.34
- Bancor’s market capitalization is $55.8 million
- The circulating supply of Bancor – 162.5 million
- The total supply of Bancor – 162.5 million
- Bancor Coinmarketcap Ranking – #287
BNT/USD market
Key levels:
Resistance levels: $300, $310, $320
Support levels: $130, $120, $110
BNT / USD It is currently trading at $0.345 after touching a daily high of $0.490, and is likely to return above the 9-day and 21-day moving averages. However, in case the buyers can push the price above the $0.50 resistance level, then the daily candlestick may close above this level, and the price may rise towards the upper boundary of the channel.
Bancor Price Prediction: Bancor is preparing for an upward movement
According to the daily chart, the Bancor price It is moving near the $0.40 resistance level as the coin is preparing for additional gains. The technical indicator’s RSI (14) is also moving to cross above the 50 level, where the signal line is pointing up to signal a buy signal.
However, if buyers are able to push the price and hold it above the 9-day and 21-day moving averages, Bancor price could rise towards the upper boundary of the channel to reach the potential resistance levels at $0.50, $0.55, and $0.60. While crossing below the lower border of the channel, it could lift the currency to the support levels at $0.25, $0.20, and $0.15, respectively.
Against Bitcoin, Bancor is following a bullish rally, and it could swing higher to cross above the upper boundary of the channel that could identify the resistance at 2400 SAT and above. On the other hand, if the market price crosses the lower boundary of the channel, it may reach the support level of 1800 SAT and below.
However, the technical indicator’s RSI (14) is currently moving to cross above the 50 level as the signal line is pointing north to confirm the upward move. Moreover, any further upward movement may create additional gains above the channel.
But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.
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- Active pre-sale is live now – dash2trade.com
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join us cable A channel to stay up to date on breaking news coverage
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Since the coin starts the upward movement towards the upside, the dYdX price forecast is likely to move steadily inside the channel.
dYdX prediction stats data:
- DYDX price now – $1.10
- DYDX market capitalization – $72.7 million
- Circulating supply of DYDX – 65.5 million
- Total supply of DYDX – 1 billion
- DYDX Coinmarketcap Rank – #198
DYDX/USD Market
Key levels:
Resistance levels: $2.00, $2.20, $2.40
Support levels: $0.50, $0.30, $0.10
DYDX/USD is likely to cross above the 9-day and 21-day moving averages as the currency begins its upward movement. in the past few days, dYdX price Struggles to cross over to the positive side. According to the daily chart, the RSI (14) technical indicator moved to cross above the 40 level, confirming the bullish movement of the currency.
dYdX Price Prediction: DYDX is ready for an uptrend
the dYdX price It is currently moving north. If the currency continues its upward movement, the bulls may cross above the 9-day and 21-day moving averages, which could reach the resistance levels at $2.00, $2.20, and $2.40. At the time of writing, DYDX/USD is showing a slight bullish movement on the daily chart.
Conversely, if the coin slips below the lower boundary of the channel, it may bring the coin back to the $0.50, $0.30, and $0.10 support levels, respectively. Meanwhile, long-term buyers should not be alarmed by the small impact down the road, as the future of DYDX is assured as evidenced by the technical indicator’s RSI (14).
Against Bitcoin, dYdX price is hovering below its 9-day and 21-day moving averages as the coin is poised for an upward move. The technical indicator’s RSI (14) also confirms the upward movement as the signal line encounters the 40 level. On the contrary, a potential downside move could emerge if the market price crosses below the lower boundary of the channel, which could reach the support level 200 SAT and below.
Meanwhile, any further bullish move above the moving averages could push the coin to the 1200 SAT resistance level and above, and this could take the coin to a new high, and the market could remain in the bullish zone.
But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million.
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- Active pre-sale is live now – dash2trade.com
- Featured in Cointelegraph – $10 Million Raised
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join us cable A channel to stay up to date on breaking news coverage
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