As we reach mid-October, Bitcoin’s price has yet to showcase its anticipated ‘Uptober’ potential, having only registered a $3.5K increase since September. Furthermore, Bitcoin’s surge is currently encountering short-term selling pressure, plunging the bullish hope of reaching a $30K milestone. Consequently, the upcoming week may witness continued low volatility as buyer confidence in Bitcoin declines....Read More
The crypto market has been trading negatively as the market continues to trade under the influence of the bears. Top cryptocurrencies have displayed a sideways pattern for the first time in over a week, indicating a possibility for the crypto industry to rebound soon. The month of October had started on a bullish note as...Read More
The crypto space struggles to regain momentum as the market constantly trades in the red. Bitcoin and top altcoins continue to hover around their support levels as the industry trades under the bear’s influence. The APE price has been trading in a consolidated range of $1.078 and $1.135 since the start of September, following which...Read More
The TWT price displays a sharp increase in bullish momentum in the first few days of October. With the spirit of Uptober clearly visible in the TWT uptrend, the possibility of a prolonged uptrend is skyrocketing for Trust Wallet tokens. Before the uptrend rally, the TWT coin price moved sideways between $0.80 and $0.95. However,...Read More
Recently, a lot of people have started selling their holdings, which has caused the prices of major ones, like Bitcoin, to fall sharply. Right now, the prices of altcoins are kind of stable, but they’re at a low point that we’ve seen in the past month. Bitcoin’s price is currently knocking $27,000, and it’s testing...Read More
After a week of notable declines in Terra Luna Classic (LUNC) value, the altcoin has sparked hopes of a potential revival. Recently, buyers have boldly capitalized on LUNC’s price dip, establishing robust support and forcing the price into an upward correction. Nonetheless, concerns are rising over a possible pause in the recovery rally, as sentiment...Read More
In a sudden move, Solana (SOL), one of the most talked-about altcoins currently in the market, has encountered a significant resistance that has halted its upward journey. Interestingly, the current bearish rally is echoing the turbulence of March 2022 as this week saw the largest inflow for Solana since 2022. This was mainly due to...Read More
The bitcoin price is struggling to rise above $28,000 after facing a couple of rejections at these levels. Due to this, altcoins currently appear to be uncertain about the impending trend, while a major shift is fast approaching. This could result in altcoins having an upper hand compared to Bitcoin. However, this certainly may not...Read More
October began bullish for the crypto market, with Bitcoin price tapping the $28K level. However, just as ‘Uptober’ was getting started, it experienced a halt as large and long-term holders began booking their profits. Although this momentarily faded the revival of the ‘Uptober’ trend, the market has since rebounded significantly due to increased buying demand...Read More
Bitcoin has recently grabbed headlines with its fluctuating price of around $28K. While Bitcoin’s price is trying to accelerate buyer confidence, sellers are increasingly active near resistance levels. Consequently, the psychological $30K threshold seems unlikely to be reached by Bitcoin next week. This sentiment is further supported by various on-chain metrics, particularly the rising NVT...Read More
In the wake of a broad market selloff yesterday, numerous altcoins, Ethereum included, touched their pivotal support levels. However, the sudden comeback of buyers’ interest in combating rising sell pressure facilitated an ETH price bounce from its sturdy support zone. At present, Ethereum’s price is showing bullish on-chain indicators, bringing confidence among those holding long...Read More
Bitcoin’s price has been holding above a crucial support level but has been trading sideways, waiting for a decisive move. The traditional markets have also witnessed important events, with some indicators hinting at potential market shifts. Recently, Santiment observed that Bitcoin crossed the $28,000 mark, a level it hasn’t seen since August 17th. They also...Read More
Ever since the beginning of the year 2023, the crypto markets have been experiencing a roller coaster ride, with the volatility varying on larger scales. The bitcoin price also underwent drastic changes, with the value marking higher highs and lows. Hence, it displays the growing dominance of bulls in the long term, despite the fact...Read More
Recently, BTC’s price encountered resistance at $28.5K, taking a dip towards the pivotal $28K mark. Similarly, the meme coin sector is experiencing challenges. Top meme coins, Dogecoin and Shiba Inu are currently experiencing slight declines near their resistance points as sellers find opportunities from price spikes. Sellers Prepare For A Downward Correction Over the past...Read More
The cryptocurrency industry starts the month of October in green as the market witnesses a jump in its value for the second consecutive day. With the top cryptos now stabilized and gaining value daily, the market is expected to trade the month on a bullish note. Following the price dip in mid-September, the coin experienced...Read More
Brian Armstrong, the CEO and founder of Coinbase, a pioneering public cryptocurrency exchange in the U.S., recently shared his insights on the future trajectory of cryptocurrency. Having weathered the storms of U.S. regulation and watched the digital currency space evolve, Armstrong’s take on what lies ahead is both fascinating and important for us crypto enthusiasts....Read More
While the crypto market began September with a downward trend, it concluded the month on a high note, with Bitcoin (BTC) stabilizing just under $27K and Ethereum (ETH) trading close to $1,650. As we step into October, there’s curiosity about which altcoins might shine. Given the continued interest in Bitcoin Cash (BCH), Chainlink (LINK), and...Read More
In September, Bitcoin experienced a significant bearish trend, only to rebound slightly to $27K as the month ended. Yet, October promises increased excitement with several major events on the edge, including the SEC’s verdict on Grayscale and multiple spot ETF launches. Consequently, we might see intense price fluctuations for BTC, potentially tilting in favor of...Read More
The crypto industry is on track to stabilize the market, but on the other hand, the top coins continue to hover around their support levels as the top 10 coins are currently trading in the red. The BNB coin has been experiencing massive price volatility since the start of the month. Following the dip, the...Read More
In the long picture, the ETC price took multiple bearish hits over the past year, resulting in a strong resistance trendline. With each falling trend creating a secondary correction, the breakout brings a buying opportunity. Finally, after months of downtrend, the Ethereum Classice Price Prediction is giving a breakout signal that may soon result in...Read More
Chainlink (LINK), a prominent provider of reliable price oracles for DeFi developers, appears poised for a significant breakthrough after several months of consolidation. The Chainlink ecosystem boasts a robust community comprising node operators, data consumers, and investors. Furthermore, the Chainlink team’s collaboration with developers through the BUILD program has strengthened its position in the crypto...Read More
Breaking past the short-term resistance trendline, the BCH price struggles to find bullish momentum to prolong the breakout rally. Facing rejections from the overhead resistance at $228, the higher price rejections keep the breakout rally under the fence. Moreover, a bearish pattern warns of Bitcoin Cash crashing under the 50-day EMA. Will Bitcoin Cash price...Read More
Dubbed the “Dogecoin killer,” SHIB’s price had been in a bearish consolidation phase in recent days. However, a reversal occurred as the meme coin executed a 180 turnaround, surging above critical resistance thresholds to break free from its bearish grip. This remarkable surge was accelerated by a sharp uptick in whale activity, hinting at the...Read More
The crypto industry continues to trade sideways as the bulls constantly fail to hold the price and continue struggling to stabilize the market. On the other hand, Chainlink has become the top performer among the cryptocurrencies in the past week. Following the massive price volatility the token experienced in the first half of the month,...Read More
In the past day, Terra Luna Classic experienced a significant uptick, breaking through key resistance barriers, sparking hope for a potential bullish surge. While LUNC claimed the title of ‘top gainer’ today, it’s now struggling with maintaining its upward momentum due to unfavorable on-chain signals. This has led to rising concerns of a sharp drop,...Read More
In a recent Twitter thread, Chill|TheResponsibleDΞGΞN (@ChillTRD) has presented a compelling case for the impending arrival of Bitcoin’s most substantial bull market. At the heart of his analysis are two critical factors poised to reshape the cryptocurrency landscape 2023: the Debt Crisis and Rising Interest Rates. A new Bitcoin ATH and the biggest bull market...Read More
As Bitcoin struggles to maintain its price level above $27,500, Ethereum is also attempting to rally past the critical $1,650 threshold. Amidst the increased volatile day, whales are not sitting idle; even those who have been dormant are now making significant plays. With a noticeable uptick in large-scale transactions, traders are left wondering whether more...Read More
After weeks of sideways trading, Litecoin finally broke free from its resistance level, sparking a wave of buying demand among investors. The digital silver to Bitcoin’s gold is currently aiming for a $70 price point following the bullish breakout. However, there’s a growing concern about a plunge from the upcoming resistance level as the LTC...Read More
The month of September turned out to be harsh for the crypto space as the market has been experiencing massive price volatility for cryptocurrencies. Following last week’s price plunge, the industry has managed to push itself back up and regain momentum as the top performers have leveled their losses. The bulls and bears are constantly...Read More
The altcoin sector has been showing signs of recovery over the past week, following Bitcoin’s price breaking through the significant $26,500 threshold due to increased buying interest. At present, investor focus seems to be shifting towards altcoins, as numerous tokens—including key metaverse coins—have experienced a price uptick this week. This could potentially trigger a new...Read More
