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Bitcoin, Ethereum Technical Analysis: ETH Nears $1,230 Resistance, Following Strong US GDP Data
23.12.2022
Ethereum edged closer to a key resistance level of $1,230 on Dec. 23, as markets continued to react to better than expected U.S. GDP data. Gross domestic product in the United States was revised higher to 3.2%, better than the 2.9% expected. Bitcoin mostly consolidated in today’s session...
Biggest Movers: DOGE Rebounds on Thursday, LTC Nears 1-Week High
22.12.2022
Dogecoin rebounded from Wednesday’s decline, as the meme coin moved away from a key support level. Prices have been hovering close to a two-month low in recent days, with today’s surge bringing optimism to remaining bulls. Litecoin was also higher, as the token remained close to...
5 cryptocurrencies to keep an eye on in 2023
22.12.2022
Analysts expect the bear market to loosen its grip in 2023. Here are five cryptocurrencies to keep an eye on
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of United States GDP Data
22.12.2022
Cryptocurrency prices mostly consolidated on Thursday, ahead of upcoming GDP figures from the United States. Bitcoin remained close to the $17,000 level in today’s session, with the global market cap trading 0.01% lower as of writing. Ethereum was largely unchanged, as prices continued...
Polkadot (DOT) breaks strong support and trades near $4!
22.12.2022
Polkadot is a fully sharded blockchain that was created to interlink the permissionless and private blockchains that relate to a decentralized web allowing holders of the DOT tokens to be in control. Hence, the Polkadot relay chain and its multi-sharded origins would become a strong platform...
Shiba Inu faces rejection from sellers: Can SHIB turn bullish?
22.12.2022
According to the latest data, Ethereum whales dumped more than 72.4 billion SHIB coins overnight, but SHIB remains on the top ten list of the Ethereum whales’ holdings. SHIB coin was created to compete with the highly successful Dogecoin. Both are meme coins and do not have strong...
VeChain close to its $0.010 support: Can VET bounce in 2023?
22.12.2022
VeChain is a decentralized model that manages supply chains for corporate houses. VeChain is a fundamentally strong and sustainable cryptocurrency, so many enthusiasts add it to their portfolios as an asset. At the time of writing this post, VET was trading around $0.016, forming a bearish pattern...
Bitcoin low volume sparks BTC price warning as metric hits 'value zone'
22.12.2022
Bitcoin NVT signal data presents conflicting views of what might happen to the current BTC price range
Price analysis 12/21: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI
21.12.2022
Bitcoin and select altcoins are showing signs of a possible recovery in the near term but higher levels may continue to attract sellers
Biggest Movers: ETC Moves Away From Multi-Month Lows, as XMR Extends Recent Gains
21.12.2022
Ethereum classic rallied for a second straight session on Wednesday, following better-than-expected U.S. consumer confidence data. The figures showed that confidence among American consumers rose to the highest level in eight months, with a reading of 108.3. Monero was also higher on the news,...
Bitcoin rebound to $18.4K? BTC price derivatives show strength at key support zone
21.12.2022
Miners are in deep trouble due to increased hash rate and energy costs, but pro traders slightly added to their longs despite the recent BTC pullback
Bitcoin, Ethereum Technical Analysis: BTC Briefly Above $17,000 Ahead of US Consumer Confidence Report
21.12.2022
Bitcoin was briefly trading above $17,000 on Wednesday, as markets prepared for the release of the upcoming U.S. consumer confidence report. Today’s figure is expected to come in at a reading of 101.00 for December, which is higher than last month’s number of 100.2. Ethereum was also...
Ethereum attempts to overcome selling: What’s next for ETH?
21.12.2022
Ethereum brings the idea of change and the change-making potential of its progressive blockchain. The movement for its blockchain cryptocurrency ETH might have taken a back seat in 2022, but the outlook compared to its competitors, such as SOL, ADA, and others, is pure gold. Transition validation...
XRP fails to end consolidation near 100 EMA repeatedly!
21.12.2022
In December 2022, someone mentioning XRP immediately thinks about the update on its SEC lawsuit. While there have been some legal complications made aware to the public, the resulting movement for XRP shouldn’t be affected by the same. XRP has been working as a decentralized ledger, but there...
Bitcoin (BTC) continues consolidation in hopes of a breakout!
21.12.2022
Bitcoin might be considered a digital gold or a broader representation of the functioning and growth of the cryptocurrency industry. In reality, the idea that something digital can hold weight is based on supply and demand dynamics. If enough people say it’s worth $100,000, it would surely...
What blockchain analysis can and can't do to find FTX's missing funds: Blockchain.com CEO
21.12.2022
Peter Smith said the hardest thing to trace was the funds that enter the banking system
Biggest Movers: LTC Snaps Extended Bear Run, as LINK Hits 4-Day High
20.12.2022
Litecoin snapped a recent bear run on Tuesday, as cryptocurrency prices moved marginally higher. The token was up by nearly 3% in today’s session, ending a six-day losing streak in the process. Chainlink was also in the green, as it rebounded from a key support point. Litecoin (LTC) Litecoin...
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,200 as Bank of Japan Policy Decision Impacts Markets
20.12.2022
Ethereum rose back above the $1,200 level on Tuesday, as the dollar rebounded following the latest Bank of Japan (BOJ) policy decision. The bank adjusted its yield curve control, which increased its cap on the 10-year government bond, allowing moves of up to 50 basis points (bps), up from 25 bps....
Cosmos tanks close to 50%: Can ATOM end the negative action?
20.12.2022
Tendermint has been the greatest contribution of Cosmos blockchain to the cryptocurrency world which is now close to an 810 billion strong market. Even during the rainy negative season for crypto, Cosmos has been able to become a base of protocol operations for 100s of blockchains. A majority...
Compound heads towards its support of $27: Will COMP revive?
20.12.2022
The Compound was founded by economists Robert Leshner and Geoffrey Hayes and is a decentralized protocol. It is developed on a system of accessible smart contracts on the Ethereum blockchain that allows a system of borrowers and lenders. It acts as a middleman with modern technology at...