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Price analysis 11/21: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT
21.11.2022
Crypto markets have started the week on a weak note, suggesting that buyers remain skeptical about buying any significant dips
Biggest Movers: NEAR Slips to 16-Month Bottom, ALGO Over 11% Lower on Monday
21.11.2022
Near protocol fell to its lowest level in over sixteen months, as bearish pressure intensified on Nov. 21. Overall, cryptocurrencies started the week trading lower, following increased speculation on a prolonged market crash. Algorand was another notable token to fall, dropping by over 11% today....
Bitcoin, Ethereum Technical Analysis: BTC Below $16,000 Amid Increased Market Volatility
21.11.2022
Bitcoin slipped below $16,000 on Nov. 21, as markets continued to react to the news that the FTX contagion had impacted yet another firm. Hong Kong-based crypto ATM firm Genesis Block halted its operations, as it looks to stabilize its liquidity pool. Ethereum was also lower, as prices remained...
Dogecoin (DOGE) takes support from the 200 EMA curve!
21.11.2022
Dogecoin has been one of the most critical cryptos; it mostly relies on price action and buying sentiment; fundamentals don’t matter at all. Holding the 9th spot in the overall cryptocurrency rankings as per market value, Dogecoin has perhaps become the better-performing cryptocurrency in...
Bitcoin close to the $16k mark: Will BTC test $10k?
21.11.2022
Bitcoin is a leading cryptocurrency, but due to the FTX liquidity crisis, BTC price has broken the strong support of $19K. Now it is trading at $16,001, around the lower range of the Bollinger Bands. Most other technical indicators are bearish, suggesting it will consolidate within a range of $18K...
Will Ethereum (ETH) break the long-term support of $1000?
21.11.2022
Ethereum is the second largest cryptocurrency, and it has become even more popular after the merge upgrade because it runs on Proof of Stake consensus, which is energy-efficient and sustainable for the long term. Ethereum has wide use cases, so ETH as an asset will provide long-term capital...
TON, TWT, CHZ and QNT breakout amid traders’ crypto contagion fears
20.11.2022
Bitcoin price is stuck in a tight range, but TON, CHZ, QNT and TWT caught a bid in the past week
Biggest Movers: ALGO Nearly 10% Higher, TRX Extends Recent Gains
19.11.2022
Algorand has been a notable exception in what has been a relatively bearish start to the weekend. On Nov. 19, the token rose by nearly 10%, as cryptocurrency markets mostly traded lower. Another noteworthy exception was tron, which climbed for a second consecutive day. Algorand (ALGO) Algorand...
Bitcoin, Ethereum Technical Analysis: ETH Heads Towards $1,200 Breakout on Saturday
19.11.2022
Ethereum was once again nearing a breakout of its $1,200 level, as bearish sentiment returned to start the weekend. Following price rebounds on Friday, cryptocurrency markets were back in the red, and are trading 0.68% lower as of writing. Bitcoin also slipped in today’s session. Bitcoin...
People Are Still ‘Bullish’ About FTT and CEL, 2 Tokens Backed by Bankrupt Crypto Businesses
18.11.2022
Despite the recent collapse and the exchange filing for bankruptcy protection, crypto traders are still paying more than a U.S. dollar for FTX’s FTT token on Friday, Nov. 18, 2022. FTT was once a top-30 crypto asset, and now the token has no rank on specific coin market aggregation sites...
Price analysis 11/18: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, UNI, LTC
18.11.2022
Bitcoin and select altcoins are struggling to rise above their immediate resistance levels, indicating that bears remain in full control
Analysis of FTX and Alameda Collapse Points to Terra LUNA Fallout Starting the Domino Effect
18.11.2022
An analysis of the FTX and Alameda Research collapse has been published by the blockchain and crypto analytics firm Nansen and the report notes that the Terra stablecoin collapse, and the liquidity crunch that ensued, likely started the domino effect that led to the company’s implosion. The study...
Biggest Movers: LTC Rallies to 1-Week High, as UNI Snaps Recent Losses
18.11.2022
Litecoin rallied to a one-week high on Friday, as the token rose for a second consecutive session. The move saw prices climb by close to 8% earlier in the day, and comes as crypto markets mostly traded higher. Uniswap also gained, rebounding from recent losses. Litecoin (LTC) Litecoin (LTC) was...
Banks still show interest in digital assets and DeFi amid market chaos
18.11.2022
Traditional financial institutions continue to demonstrate use cases for digital asset support, along with DeFi capabilities, despite current market conditions
Bitcoin price may still drop 40% after FTX 'Lehman moment' — analysis
18.11.2022
BTC price targets now include $12,000, with Ethereum potentially falling to $800 for the pit of the bear market
Bitcoin, Ethereum Technical Analysis: BTC Nears $17,000 Heading Into the Weekend
18.11.2022
Bitcoin was closing in on the $17,000 level on Friday, as cryptocurrency markets rebounded heading into the weekend. The token moved away from a recent support point of $16,200 in today’s session, as bulls reentered the market. Ethereum also moved higher, climbing back above $1,200. Bitcoin...
Biggest Movers: XMR, LEO Move Towards 1-Week Highs on Thursday
17.11.2022
Unus sed leo was a notable gainer on Thursday, as the token surged towards a one-week high. The move comes as crypto markets seem to have settled, a week on from the turbulence caused by the FTX collapse. Monero also rallied, climbing above the $130 level. Monero (XMR) Monero (XMR) was closing...
Breaking down FTX’s bankruptcy: How it differs from other Chapter 11 cases
17.11.2022
The FTX bankruptcy has left creditors, investors and industry experts questioning what will happen next — Here is what we can expect
Bitcoin, Ethereum Technical Analysis: BTC, ETH Decline as USD Strengthens Following Retail Sales Data
17.11.2022
Bitcoin was in the red for a second consecutive session, as markets continued to digest the latest U.S. retail sales figures. Sales rose by more than expected in October, coming in at 1.3%, versus expectations of a 1% increase. The result fueled market belief that the U.S Federal Reserve will...
Dash hits yearly low: Should You buy it for the long term?
17.11.2022
Dash is an open-source blockchain technology, a fork of Bitcoin that also offers similar features with improved technology. However, after the FTX liquidity crisis, investors show less faith in DASH than in Bitcoin, but both are trading around the yearly low. At the time of writing this post, DASH...