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Here is why Bitcoin price gave back all its intraday gains
14.12.2022
BTC price retraced the entirety of its intraday gains after Fed chair Jerome Powell issued hawkish statements in relation to today’s 0.50% interest rate hike
Biggest Movers: SOL Hits 3-Week High, as ADA Consolidates Ahead of FOMC Meeting
14.12.2022
Solana surged to a three-week high ahead of this afternoon’s Federal Open Market Committee meeting (FOMC). The token rose for a second consecutive day, hitting a key price ceiling in the process. Cardano mainly consolidated on Wednesday, as prices fell from a recent high. Solana (SOL) Solana...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain Higher Ahead of Fed Rate Decision
14.12.2022
Bitcoin continues to trade close to $18,000 on Wednesday, as markets remain bullish, following the latest U.S. inflation report. Following the data, which saw consumer prices rise to 7.1%, many expect the Federal Reserve to increase interest rates by 50 basis points. Ethereum was also higher today...
Avalanche (AVAX) attempts to breach the $14 upper band of its consolidation!
14.12.2022
Blockchains at the current time are being used for processing multiple different types of transactions. Processing all of them throughout the main blockchain can often lead to bottlenecks and lesser TPS. Avalanche handled such situations by creating three distinct chains, namely X-Chain,...
XRP regains the support of $0.4: Should you invest now?
14.12.2022
Ripple (XRP) is a digital asset built for global payments. At the time of writing this analysis, XRP/USD is trading around $0.39, which is a crucial level because, in the last year, it worked as a resistance and support for the short term. Between May-June, it was a support, and it broke the level...
Will Bitcoin (BTC) break out of the $17K mark?
14.12.2022
Bitcoin is a leading decentralized payment protocol with the highest market cap in the crypto industry. At the time of writing this post, BTC USD is trading below $18K, and it is one such cryptocurrency that has yet to regain the previous support after the fall of the FTX liquidity crisis in...
How to trade crypto using Wyckoff accumulation theory
14.12.2022
Not all Wyckoff accumulation setups lead to massive price rallies as far as the Bitcoin and cryptocurrency markets are concerned
Is DeFi back? GMX rallies toward all-time high and LOOKS price gains 30%
13.12.2022
GMX and LOOKS price pulled off double-digit rallies in the last week as former BitMEX CEO Arthur Hayes revealed his investment thesis for both projects
Biggest Movers: AVAX Hits 1-Week High, as LTC Also Climbs Following US Inflation Data
13.12.2022
Avalanche rose to a one-week high on Tuesday, as markets reacted to the latest inflation report in the United States. Consumer prices rose to 7.1% in November, which was lower than the 7.3% markets had expected. The figure was also 0.6% lower than October’s reading of 7.7%. Litecoin also...
Technical analysis picks for easy profits: SmarterWorx (ARTX), Polygon (MATIC), and Cardano (ADA)
13.12.2022
Technical analysis is the study of historical price movements. Technical traders generally use the process as a confluence or an actual reason to get involved in specific cryptocurrency projects. For efficiency, the trading methodology is effective on large crypto projects with high liquidity...
Markets Pro delivers up to 1,123% ROI with quant-style crypto analysis for investors
13.12.2022
25 of Markets Pro’s 45 strategies are beating buy-and-hold strategies, one of which has returned over 21,000% since 2021
Bitcoin, Ethereum Technical Analysis: BTC Rallies to 1-Month High, as ETH Nears $1,300
13.12.2022
Bitcoin surged to a one-month high on Dec. 13, ahead of the latest inflation report from the United States. It is expected that consumer prices will fall to 7.3% in November, which would be a drop of 0.4% from the month prior. Ethereum was also higher in today’s session, as prices neared...
Ethereum Classic finds support from $18 for the short term!
13.12.2022
In the war, better good vs. better, Ethereum might have taken a giant leap with its movement towards proof of stake validation. While ETH simultaneously lost just 35%, Ethereum Classic’s price slipped by over 55%. The growing difference, even after the expectations that miners will be heading...
Bullish DASH is aiming toward $60: Should you invest now?
13.12.2022
Dash is a fork of Litecoin, which itself is a fork of Bitcoin. Dash’s name comes from the two phases, ‘Digital’ and ‘Cash.’ It aims to be a better version of both Litecoin and Bitcoin. There are many other privacy-centric cryptocurrencies, but features like Masternodes, PrivateSend,...
The Graph (GRT) continues the consolidation: Ready to hit $0.1
13.12.2022
The Graph is a leading platform that allows users to buy/sell cryptocurrencies with cards and bank transfers. It is a popular choice for crypto enthusiasts. Although it formed at a 52-week low last month, it is recovering well. At the time of writing this post, GRT/USD is trading around $0.066...
Bitcoin’s bear market is far from over, but data points to improving investor sentiment
12.12.2022
Crypto investor sentiment saw a slight upswing, but the potential of a deep liquidity crisis in the sector could keep investors at bay
Price analysis 12/12: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT
12.12.2022
Cryptocurrency and stock markets could see a sharp spike in volatility due to this week’s CPI print, interest rate hike and a conference from Federal Reserve chair Jerome Powell
Biggest Movers: SHIB Slips to 20-Day Low, DOGE Also Declines
12.12.2022
Shiba inu was in the red to start the week, with prices falling to a 20-day low on Monday. The meme coin has now moved lower for four straight sessions, with the latest decline seeing price move below a key support point. Dogecoin was also down, hitting a two-week low earlier today. Shiba...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower Ahead of US Inflation Data
12.12.2022
Bitcoin was trading under $17,000 to start the week, as markets prepared for a big week of economic announcements. U.S. inflation figures will be released tomorrow, and are expected to fall to 7.3%. Many believe this will give way to the Federal Reserve pivoting from its aggressive rate hike...
Polygon (MATIC) battles with $0.95: Is another drop coming?
12.12.2022
Polygon is a layer two scaling platform on Ethereum architecture. It combines the proof of stake and plasma framework to resolve the scalability issue that negatively impacts the blockchain industry. MATIC is the native coin of the Polygon network. While writing this analysis, the price of Polygon...