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
While the cryptocurrency market experienced a welcome upswing this week, reaching a high of $26,500 for Bitcoin, PEPE’s price didn’t follow suit. It remained cold, unable to capture the bullish momentum, thereby keeping the price in a bearish zone. As the week draws to a close with PEPE still on a downward trend, holders of...Read More
Following a significant sell-off triggered by FTX’s crypto liquidation news, Bitcoin is now showing signs of a recovery rally. In recent hours, the price of BTC has been climbing steadily, fueled by renewed investor interest in buying the dip. Additionally, current on-chain data points toward the potential for a sharp upward trend for Bitcoin by...Read More
As Bitcoin price faces challenges, Ethereum stands out with its ongoing recovery rally, encountering minimal obstacles. Additionally, the U.S. Bureau of Labor Statistics’ August CPI data revealed a 3.7% year-on-year inflation rate, inducing volatility for BTC around the $26K mark. In contrast, Ethereum remains largely stable, backed by a growing buying interest among investors. 1073K...Read More
TRX price analysis shows an overall bullish trend in 2023. The Tron coin price has a year-to-date growth of 48.45%. This leads to a strong support trendline visible in the daily chart. However, the Tron price met critical resistance at $0.085. This led to a pullback to the 200-day EMA. A sideways trend formed between...Read More
In a trading environment where a bearish outlook has taken center stage, leading to heavy asset liquidation every hour, Litecoin (LTC) is capturing attention for all the right reasons. As traders prepare for another wave of selling pressure following tomorrow’s highly awaited court approval that will enable FTX to offload its $3.4 billion in cryptocurrency...Read More
FTX, formerly a top-tier cryptocurrency exchange now facing bankruptcy, is seeking court approval for a colossal $3.4 billion crypto selloff scheduled for September 13. The mere announcement of this planned liquidation has already sent the market into a downturn, signaling potential bearish trends for Wednesday. Notably, FTX holds a substantial amount of Solana, among other...Read More
Bitcoin (BTC) clings precariously to its critical support level of approximately $25.6k as it faces a looming threat of a daily death cross between the 50 and 200 Moving Averages (MA). The cryptocurrency closed the previous week with an indecisive Doji candlestick, leaving traders and investors on edge. This impending death cross is likely to...Read More
In a surprising turn of events, the hype surrounding Shibarium may have faded, but the Shiba Inu coin’s burn rate has skyrocketed by an impressive 270% within the last 24 hours. This remarkable surge in the burn rate translates to a significant reduction in the total supply of Shiba Inu coins, potentially paving the way...Read More
Bitcoin received a minor push just before the previous day’s close and almost reached one of the interim resistance levels but failed to surpass $26,500. Nevertheless, the BTC price continues to trade above $26,200 at the moment. While the bulls manifest some strength, the traders remain pessimistic about the markets. Despite the minor jump, Bitcoin...Read More
As Ripple’s ongoing legal battle with the SEC keeps traders and investors on edge, the company has recently taken some significant actions that have sparked a surge in trading and whale movements in the XRP market. Additionally, an increase in outflow signals a potential bullish comeback for XRP, fueling bullish hope for an upward push...Read More
