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Recovery

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Bitcoin's Recovery Sends Short-Term Holders into Profit, On-Chain Signal Suggests More Uptrend

June 25 (Cointime) - Bitcoin has made a significant recovery in value since the start of the month, reaching an all-time high above $31,000. On-chain signals suggest that there may be more uptrend to come, with over 1.8 million short-term holder coins now in profit.

Dogecoin's Recovery Hinges on Clearing 38.20% Fib Level

June 23 (Cointime) - The writer's opinion is presented and it is not financial, investment, trading, or other types of advice. Dogecoin has seen a significant recovery, with a 9% increase in the past seven days.

Polygon's MATIC Price Attempts Recovery, Could Rise Further Towards Resistance Levels

June 22 (Cointime) - Polygon's MATIC price is attempting to recover after a major decline from above $0.80. The price is currently trading above $0.64 and the 100 simple moving average (4 hours), with a potential rise towards the $0.725 and $0.750 resistance levels.

Bitcoin Price Reaches Six-Week High, Resulting in $155 Million in Liquidations

June 21 (Cointime) - Bitcoin has experienced a significant recovery, reaching almost $29,000 and resulting in around $155 million in liquidations, with short positions making up the majority. The cryptocurrency has been performing well since BlackRock filed to introduce a BTC Spot ETF in the US.

Bitcoin's Recovery and Potential Breakout Hinges on $30,000 Mark, Say Analysts

June 20 (Cointime) - Trader Jordan Lindsey believes that Bitcoin's recovery and potential breakout depend on surpassing the $30,000 mark. Other analysts have noted the resilience of Bitcoin, even after a dip below $25,000, and the risk-reward ratio remaining appealing with a low of $25,000 and upward potential above $30,000.

Bitcoin Price Steadily Recovers, Blackrock's Bid for Spot BTC ETF Boosts Market Sentiments

June 20 (Cointime) - Bitcoin's price has continued to recover steadily, reaching $27,200 for the first time since June 7 despite negative market sentiments. The cryptocurrency is currently trading at $26,938, with a 2% increase in 24 hours. If the bullish outlook stays grounded, Bitcoin's price could push beyond $28,000, bringing the psychological $30,000 hurdle within reach.

Binance Coin Price Attempts Recovery Above $240 Against US Dollar

June 19 (Cointime) - Binance coin (BNB) is showing signs of recovery as it rises above $240 against the US Dollar. However, it needs to surpass the $260 and $270 marks to gain bullish momentum.

Dogecoin Attempts Recovery Wave Above $0.0585 Resistance Against US Dollar

Dogecoin is making an effort to recover and surpass the $0.0585 resistance against the US Dollar, with the potential for a rally if it clears the $0.065 resistance zone. However, DOGE is currently struggling to overcome the $0.0628 resistance and is trading below the $0.065 zone and the 100 simple moving average (4 hours).

Ethereum Price Holds Support Above $1,720, Recovery Possible with Move Above $1,770 Resistance

The price of Ethereum is currently being supported above the $1,720 zone against the US Dollar, but is struggling to break through resistance levels at $1,770 and $1,780. However, a move above these levels could lead to a recovery and push the price towards $1,850 and potentially even $1,920 or $2,040. On the other hand, if Ethereum fails to break through resistance, it may experience a decline towards the $1,640 or even $1,600 support levels. Technical indicators show that the MACD for ETH/USD is losing momentum in the bearish zone, while the RSI is now above 50.

Ethereum Price Attempts Recovery Wave Above $1,740 Against US Dollar

The price of Ethereum is attempting to recover and rise above the $1,740 level against the US Dollar, with the potential for further gains if it surpasses the $1,780 resistance level. However, Ethereum is still trading below the $1,780 and $1,800 resistance levels, and below the 100-hourly Simple Moving Average.