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Bullish or Bearish? What’s Next for Bitcoin Amid Mixed Market Sentiment
5.9.2024
On Sept. 5, 2024, bitcoin held steady, floating just above the $56K mark, sparking ongoing debates about its market direction. Some speculate that bitcoin might be entering a bearish phase, while others still see potential for a bullish breakout. Cryptoquant’s head of research, Julio Moreno...
Bitcoin Technical Analysis: A Collision of Signals and Macro Decisions Ahead of Fed Ruling
31.1.2024
Over the past 60 minutes, bitcoin’s trading value has fluctuated between $42,525 and $42,715, demonstrating a dynamic price range. Its 24-hour price swing extends from a low of $42,340 to a high of $43,853. Currently, bitcoin boasts a market capitalization of $834 billion, coupled with...
Bitcoin Technical Analysis: BTC in Consolidation Phase as Upper Resistance Strengthens
12.1.2024
The leading cryptocurrency, bitcoin, has remained within a limited price range since yesterday. This followed yesterday’s quick surge to the $49K level, which then declined in the early trading hours of Thursday. Although there was a transient increase to the $47K mark, the value has stayed...
Bitcoin Technical Analysis: BTC 15th Anniversary Celebrations Marred by Market Mayhem
3.1.2024
In the wake of bitcoin’s 15th anniversary, the cryptocurrency behemoth confronts a challenging market terrain, as its price dipped 6.7% to prices between $42,350 to $42,619 amidst swirling rumors of spot bitcoin exchange-traded fund (ETF) rejections. Bitcoin The past day saw bitcoin’s...
Ethereum Technical Analysis: Ether Bulls Clench the Reins and Charge Toward Resistance
27.12.2023
Ethereum’s market behavior on Dec. 27, 2023 presents a complex tapestry of signals for traders and investors alike. Oscillating within a 24-hour price range of $2,189 to $2,290, Ethereum demonstrated a consolidation phase, subtly hinting at both potential gains and imminent cautions. As...
Ethereum Technical Analysis: ETH Momentum Stops Short After Hitting $2,100 Barrier
1.12.2023
Similar to bitcoin prices, the second leading crypto asset in terms of market capitalization has risen on Friday, jumping 2% against the U.S. dollar. The 24-hour price range of ether has been recorded between $2,024 and $2,111, reflecting a volatile yet upward trajectory. Ether now stands with...
Chainlink Price Prediction as LINK Pumps 8% After Breaking Key Multi-Week Price Range
19.9.2023
Chainlink (LINK), the cryptocurrency that powers Chainlink’s blockchain interoperability network, surged 8% on Monday, outperforming the vast majority of the broader crypto market.
LINK was last trading in the $6.60s per token, having failed to muster a lasting break above its 200DMA at $6.70...
Rebase Tokens: A Stunning Collapse From $8 Billion to $351 Million in 20 Months
12.8.2023
The crypto winter inflicted a brutal toll on the digital currency landscape, leaving numerous coins with values utterly obliterated. Within this ravaged financial terrain, one specific category — rebase tokens — suffered a tremendous deflation in worth over the previous 20 months. In a stark...
Ethereum Targets $2,000 Bounce: Santiment Predicts August Rally Amid ‘Eerily Quiet’ Market
22.7.2023
Nestled in the second position of the cryptocurrency market cap hierarchy, ethereum (ETH) currently trades below the $1,900 per unit mark. However, the industry experts at Santiment predict a bullish upturn, indicating that the digital asset might claw its way back to the $2,000 territory in...
First Mover Americas: Bitcoin, Ether Remain in Tight Price Range
25.10.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 25, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Shiba Inu Price Analysis: SHIB Trades Towards Crucial Price Range!
26.9.2022
Shiba Inu was created in 2020 to offer competition to Dogecoin. Both these meme coins depend mainly on community sentiment and social media news. SHIB is the native coin of this network, and it provided a huge return in 2020-2021, but now both of these meme coins are in a downtrend. However, Shiba...
Bitcoin Posts a 66-Day Consecutive Streak Above the $10K Price Range
1.10.2020
The Bitcoin network has achieved a few new milestones during the last week, as the price has remained above the $10k range for a record 66 consecutive days. Meanwhile, the network has surpassed 18.5 million bitcoin issued, as the global hashrate coasts along at an all-time high of 140 exahash...
Bitcoin’s Big Believers: 6-Digits ‘Inevitable,’ BTC Has a Better Chance of Going to $100K Than Zero
29.9.2020
For a number of years now bitcoiners have predicted that the price of bitcoin will surpass its all-time high from 2017 and many believe it will rise to the $100k or six-digit price range. This week bitcoin enthusiasts discussed the possibility of the crypto asset reaching $100k at great length....
Bitcoin On-Chain Data Suggests Current Price Range Is a Buy
8.3.2020
Bitcoin price is on the verge of dropping to key support but on-chain data indicates that the current price range could be a buying opportunity
Cardano (ADA) Declines Leisurely as it Forms Narrow Trading Price Range
10.12.2019
Cardano moves stably from almost a week now after having declined from $0.040 The current trading price of ADA coin is due to the downside breakout of the uptrend that it recently formed—observed while having a closer look at the price movement The previous trading month remained moderately...
Despite Bitcoin’s Price Drop, High-Powered Mining Rigs Still Profit
1.12.2019
Since BTC prices slid below the $8K price range, mining operations have been making less revenue. On Sunday, December 1, only 13 mining rigs with an average electricity cost of $0.12 per kWh are profiting at current prices. Of course, miners from China and other regions pay far less per kWh...
Litecoin (LTC) Faces Rejection Above $70, Returns to its Price Range Around $67
4.9.2019
LTC price saw rejection above $70 yesterday, rapidly pulls back Price of Litecoin continues the pullback today, may stop near $67 Technical Indicators give negative signs, while the coin trades under selling pressure Yesterday’s price rise for Litecoin took a break on the same day when it could...