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Ethereum Technical Analysis: ETH Faces Critical Resistance at $2,800 Amid Market Indecision
26.8.2024
On August 26, 2024, ethereum’s price hovered around the $2,739 mark, reflecting a cautious market sentiment as traders weigh the potential for further gains against looming resistance. Technical indicators across multiple timeframes reveal a mixed outlook, with key support and resistance...
Ethereum Technical Analysis: ETH Faces Persistent Downtrend Despite Strong Market Activity
12.8.2024
On August 12, 2024, ethereum (ETH) was priced at $2,683, fluctuating within a 24-hour range of $2,523 to $2,720. With a market capitalization of $321 billion and a trading volume of $17.58 billion, ether continues to exhibit significant market activity. However, technical indicators suggest ongoing...
Bitcoin Technical Analysis: Key Indicators Signal Bearish Outlook
17.4.2024
As bitcoin’s price action shows signs of continued bearishness, the digital currency’s trading volume and market capitalization suggest a volatile but keenly watched market. Bitcoin Bitcoin’s (BTC) current trading price of $62,891 to $63,075 per unit underscores a market...
Bitcoin Slumps Under $26K as Bearish Outlook Engulfs Crypto Market
28.8.2023
Price-charts suggest more declines ahead even as large investors are adding on their bitcoin holdings, one trader said
Short Bitcoin ETF Sees Slow Start in Market Despite Bearish Outlook for Bitcoin
23.6.2022
The newly launched short bitcoin (BTC) exchange-traded fund (ETF) from ProShares with the ticker BITI saw a slow start in the market on its first day of trading, before interest picked up noticeably on the second day....
Read More: Short Bitcoin ETF Sees Slow Start in Market Despite Bearish...
On-chain metrics hint at a bearish outlook for Bitcoin
22.2.2022
Bitcoin on-chain analysis is showing more short-term holders registering losses, and they are statistically more likely to sell according to Glassnode
Bearish Outlook as Bitcoin’s Seven-Day Average Sinks 25%, ADA Shines During the Storm
28.2.2021
Digital currency markets have been bearish in recent days as prices have continued to sink lower. The entire market capitalization of all the crypto assets in existence is down over 8% on Sunday at $1.25 trillion. Bitcoin has plummeted from its all-time high (ATH) of $58,350 last Sunday...
Analysts Predict US Presidential Election Outcome Could Collapse Dollar, Boost Bitcoin and Gold
25.8.2020
Analysts have predicted a bearish outlook for the U.S. dollar as the country’s 2020 presidential election approaches. One analyst says gold will correct with Donald Trump’s victory followed by the collapse of the U.S. dollar. Bitcoin, on the other hand, stands to gain from the election....
Options Market Shows Bearish Outlook on Ethereum Price
4.5.2020
Despite the recent strong sentiment seen in the spot market, options traders appear to be skeptical about current ethereum (ETH) price, with contracts expiring in May, June, September, and December all showing higher than 50% probability that the price will fall.
Currently trading around the...
Binance Coin Price on a Continual Downswing; Holds a Strong Bearish Outlook
21.11.2019
BNB coin has been exhibiting a slithering trend since the past 6 months with negligible traces to rise beyond BNB/USD 1-month movement shows a moderate fall comparatively, while a long-term movement is indicating only a plunge throughout The intraday movement of Binance Coin also indicate...
Tezos (XTZ) maintains a Levelled Movement Amidst the Bearish Outlook
21.9.2019
Tezos recently announced its global summit, Tquorum, that will be hosted between September 29 to October 1. The foundation aims at bringing together the business community, developers, researchers, and validators through this summit. The important topics that will be discussed include the state...
IOTA Price Analysis: Bears Continue To Dominate IOTA, Trades With A Bearish Outlook
8.8.2019
Let us look at the price comparison of the coin since the past month. IOTA was valued at $0.41 on 8-July-19 at 19:00 UTC. It could not sustain its performance and began to recede downwards without a major rise in the price. There were few sharp falls, and the price fell as low as $0.25 …
The...
NEO Price Analysis: NEO March Pasts The Bearish Outlook
27.6.2019
John deVadoss, Head of NGD Seattle, participated recently in Washington Technology Industry Association Cascadia Blockchain Council Panel which was held on 20th June. There were many Washington based members form the industry of blockchain who participated in the discussion of SB 5638, recently...