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Bitcoin, Ethereum Technical Analysis: BTC Jumps to 6-Month High Above $24,000


Bitcoin surged above $24,000 on Feb. 02, as markets continued to react to the latest U.S. Federal Reserve policy decision. On Wednesday, the central bank moved to increase rates by 25 basis points, while signaling that further hikes could be on the cards. Ethereum also rallied, with prices nearing...

Can Bitcoin (BTC) continue the bullish rally for the entire 2023?


Bitcoin dominates the crypto market due to its recognition as the first and largest cryptocurrency. With a large user base and a high level of security, Bitcoin has established itself as a reliable investment option in the digital currency world. It has a strong network effect; the more people...

Polygon (MATIC) breaks out with a strong uptrend movement!


Polygon Network is a promising player in the cryptocurrency market with the potential to dominate. It is a Layer 2 scaling solution for Ethereum aimed at solving scalability issues faced by the Ethereum network. Several factors could contribute to MATIC Network dominating the cryptocurrency market....

Avalanche turns bullish: Can AVAX bulls break past the $50 mark?


Avalanche is a popular multi-chain smart contracts platform that helps to develop decentralized applications, so it is a tough competitor of Ethereum in the blockchain world. At the time of writing this post, AVAX was trading around $21.8, up more than 10% in the last 24 hours. The candlesticks...

Biggest Movers: LTC Races to 9-Month High, ATOM Extends Recent Gains


Litecoin raced to a nine-month high on Feb. 1, following a breakout of a key resistance level. The surge in price comes as the global cryptocurrency market cap rose marginally higher today, and is up by 0.57% as of writing. Cosmos was another notable mover, with prices up for a second straight...

Is BNB ready to begin a rally to overcome its resistance?


BNB, the native cryptocurrency of the Binance exchange, has a tokenomics model focused on creating a decentralized exchange ecosystem. BNB is used as a means of payment for various fees on the Binance platform, such as trading fees, withdrawal fees, and listing fees. Binance uses a portion of...

TRON is bottoming out: Is it time for a long position in TRX?


TRON is a popular decentralized digital platform that has a relevant global presence. It was created in Asia after that; it became popular all over the world in the last few years. As a result, TRX started a rally from $0.01 to $0.19. However, TRX’s price is down because the crypto market...

Biggest Movers: DOGE Hits 8-Week High as Meme Coins Rally on Tuesday


Dogecoin climbed to an eight-week high on Jan. 31, as prices broke out of a key resistance level on Tuesday. The meme coin surged ahead following the release of the latest consumer confidence report in the United States. Shiba inu also moved higher, rebounding from losses to start the week....

Litecoin turns bullish: LTC is all set to surpass the $100 mark!


Litecoin is a decentralized cryptocurrency designed to address the scalability and transaction processing issues faced by Bitcoin. Its tokenomics, including a total supply of 84 million tokens, a block time of 2.5 minutes, and a block reward of 12.5 LTC per block, make it a fast, efficient,...

Chainlink (LINK) sellers regain control over the price action!


The vision behind Chainlink’s LINK token is to create a decentralized oracle network that connects smart contracts on the blockchain to real-world data, events, and systems. The network aims to provide secure and reliable data to decentralized applications and smart contracts, enabling them...

Dogecoin is on the rise: Will DOGE reach $1 in 2023?


Dogecoin is a popular meme coin backed by Tesla CEO Elon Musk, who regarded it as a ‘People’s Coin.’ At the time of writing, DOGE was up more than 5% in 24 hours, and the candlesticks are forming in the upper Bollinger Bands from the second week of January 2023, which suggests a short-term...

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