BTC price inched toward 2020's support with traders expecting more gains if a breakout occurs.

VeChain price has been on a free-fall since June 30 shedding over 68% towards the range low at $0.055. The appearance of a morning doji star candle on Wednesday saw VET start a V-shaped recovery targeting areas beyond $0.08.

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The senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has been long on bitcoin for a while now and he said last month that bitcoin has a “bullish ace up its sleeve.” This week the strategist’s analysis notes that bitcoin prices will likely revert toward the $60K handle in contrast to the $20K support range.

Cardano price analysis is bullish for the next 24 hours as the market price continues moving towards further highs after consolidation above the $1.20 mark overnight. Therefore, we can expect ADA/USD to target the $1.30 next resistance early next week.

Throughout the past few days, ADA price has experienced a decent revival as price has risen nearly 25% of lows. This is a great sign to see for the bulls, but compared to other coins in its class, price is lagging behind a bit. Although, Cardano price has printed enormous gains the last year, leading ahead of many other coins in the top 10. Once ADA clears its major resistance zone, price will be free for a large revival not seen in months.

Over the monthly chart, the vechain token is trading on a bearish note, but the recent price action breaks its falling trend line. The crypto asset at the monthly chart has broken out from the falling trend line, but the volume action is lower.

The Dogecoin price seems to be stuck in a rut with very little movement either way. However, the general trend appears to be a bearish one with DOGE sinking below the $0.20 level and looking poised for further losses short term.

The XLM Token’s price has been moving lower and breaking many key support levels under the strong downtrend influence of opposing EMAs and parabolic SAR.

According CoinGecko.com, Ethereum (ETH) has gained about 15% in the previous seven days. The second-largest cryptocurrency is up over 5% for the day. ETH has now risen beyond $2,100, continuing its upward trend. Large addresses (whales) are known for buying when prices are falling and selling when prices are rising, but latest information suggests that ETH whales have taken a different path this time. Whales have purchased almost 1.65 million coins in the last six days, according to Ethereum’s on-chain activities.

“How to mine Dogecoin” is a Google search query that’s skyrocketing in popularity as more people seek to acquire DOGE without purchasing it on a cryptocurrency exchange. Instead of buying Dogecoin with your hard-earned money, you can kick your feet up and allow your idle hardware to DOGE mining rewards for you.

Ethereum rebounded from support at $1710 (June lows) earlier this week, as it quickly surged back above $2000 on Wednesday. It then continued to surpass the 20-day moving average (MA) line and the 200-day MA, on Friday, along with breaking above a descending trend line that dates back to the start of June.

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In technical analysis, traders interpret the head and shoulders formation as a strong sign that a trend reversal is in process.

In T-minus 10 days, the Ethereum blockchain will undergo its 11th backward-incompatible upgrade, also called a “hard fork.” This hard fork, dubbed “London,” contains five Ethereum Improvement Proposals (EIPs), each featuring code changes aimed at optimizing and improving the world’s second-largest cryptocurrency by market capitalization.

Search interest for the meme-inspired cryptocurrency Dogecoin (DOGE) exploded during the cryptocurrency’s massive 10,000% price rally, going from an average of 135,000 monthly searches in April 2020 to 16.5 million in April 2021.

ETH 2.0 staking has breached 200,000 validators, with over 6.6 million in ETH currently being staked, totaling over $14 billion.

Bitcoin whales have reportedly accumulated over $3 billion worth of the flagship cryptocurrency over the last three weeks, when its price was ranging close to $30,000 and ultimately dipped below that mark before recovering.

A recent development in the crypto industry shows that clients of the second-largest bank in America can now engage in Bitcoin futures trading.