Bitcoin price seems ready for another uptrend as it recovers from its recent pullback. This resurgence of bullish momentum for BTC seems to be seeping into Ethereum, Ripple and other altcoins.
Cosmos price is facing some difficulties returning to the $30 level. It fell below the daily Tenkan-Sen on February 10 and has not regained a close above that level. Additionally, ATOM moved and closed below the 50% Fibonacci retracement, creating further bearish pressure.
Polkadot price has left plenty of uncollected liquidity since January 24. The resulting uptrend faces multiple hurdles, suggesting that DOT could head lower before establishing a firm bullish bias.
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A brief technical and on-chain analysis on Dogecoin price. Here, FXStreet's analysts evaluate where DOGE could be heading next.
Litecoin undergoes some profit-taking around the crucial technical indicator. LTC set to continue on the wings of the relief rally over into the end of the week, with around 11% of gains on the table.
A brief technical and on-chain analysis on Polygon price. Here, FXStreet's analysts evaluate where MATIC could be heading next.
A brief technical and on-chain analysis on Decentraland price. Here, FXStreet's analysts evaluate where MANA could be heading next.
Bitcoin price is at an inflection point of its recent uptrend and is likely to reverse and establish a directional bias. If BTC sets a higher low, there is a good chance the rally will continue; else, investors can expect a steep correction.
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