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Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound as Global Markets React to Pelosi’s Visit to Taiwan
3.8.2022
Bitcoin and ethereum were both trading higher on Wednesday, as global financial markets reacted to the tensions caused by U.S. House Speaker Pelosi’s visit to Taiwan. The price of gold dropped by nearly $40 late on Tuesday, after securing a one-month high, while the S&P 500 also faced...
Biggest Movers: DOT Drops Below $8.45 Resistance Level, as CRO Rises to Multi-Week High
2.8.2022
Polkadot dropped for a second straight session on Tuesday, as the token failed to break out of a key resistance level. This move saw the cryptocurrency fall by nearly 10%, as the global market cap was mainly in the red. Cronos, however, managed to rally despite this, hitting an almost seven-week...
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,500 as Prices Extend Recent Declines
2.8.2022
Ethereum was once again trading in the red, as prices of the token fell below $1,600 during today’s session. Tuesday’s drop is the fifth consecutive day that prices of the cryptocurrency have moved lower. Bitcoin also extended its streak of declines, falling under $23,000 in...
PancakeSwap Shows Consolidation; What Does Future Hold for CAKE?
2.8.2022
CAKE token is more of an exchange token also used for governance purposes. The ranking of #76 position is merely based on its in-circulation supply of CAKE tokens, which is 19% of its total supply. PancakeSwap has a total value locked (TVL) of $3,088,813,752, but the market cap is limited to just...
Filecoin Takes Support at 100 MA; Will FIL Target a Strong Bull Run?
2.8.2022
The recently posed outstanding rallies of double digits in July end have left a majority of crypto enthusiasts in dismay. News says Filecoin Foundation has partnered with the Harvard University Library Innovation Lab (LIL). The LIL of Harvard University will be researching the possibilities...
Polygon Fails to Sustain $1 Price; Can MATIC Attract New Buyers?
2.8.2022
MATIC’s name change has merely affected the name of the blockchain, but the actual token name remains MATIC. Polygon utilizes the scaling, infrastructure, and validation process of the Ethereum blockchain to develop a multiple-chain system, enabling developers to enjoy a full-fledged framework...
Bitcoin traders pinpoint key levels to watch as BTC price tests key trendlines
2.8.2022
The 200-week moving average is just one of a series of lines in the sand for Bitcoiners to keep their eye on this week
Biggest Movers: APE Hovers Close to 2-Month High, FIL up Nearly 70% in Last Week
1.8.2022
Apecoin was trading close to a two-month high on Monday, despite crypto prices mainly being in the red to start the week. Global crypto markets are currently down around 2% as of writing. Despite this, filecoin continued its own surge, with prices of the token up nearly 70% in the last seven days....
Price analysis 8/1: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
1.8.2022
Bitcoin and most major altcoins have been rejected by resistance, hinting at a few more days of consolidation
VeChain (VET) Needs a Significant Breakout to Breach the $0.0288 Mark!
1.8.2022
The core application of the VeChain token and its parent blockchain, VeChain Thor, has been towards the supply chain industry. This industry hasn’t witnessed any substantial transformation over the years, and VeChain has partnered with leading product development companies to ease their supply...
Ethereum Faces Resistance at the 100 Ema: ETH Consolidation Awaits!
1.8.2022
Ethereum is not just a blockchain or cryptocurrency but an essential aspect of cryptography that showcases transformation and evolution along the way of its growth. Understanding the changing dynamics, ETH has even prepared the layout to transition towards Proof of Stake to address the energy...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Enter August Trading Below $24,000 and $1,700 Respectively
1.8.2022
Bitcoin was trading marginally lower to start the week, as prices of the token fell lower for a fourth consecutive session. The world’s largest cryptocurrency has suffered from increased market volatility, following last Saturday’s surge to a six-week high above $24,000. Ethereum...
Chiliz Takes Support From Its 100 EMA: Will CHZ Uptrend Sustain?
1.8.2022
Chiliz was developed as a currency to support and control socially enabled platforms. Blockchain-enabled cryptocurrency Chiliz has enabled gaming clubs and organizations to monetize their fan’s suggestions and opinions on specific aspects, creating value for themselves. Using Chiliz...
Pro traders may use this ‘risk averse’ Ethereum options strategy to play the Merge
31.7.2022
Ethereum's “Merge” upgrade is expected to induce volatility in ETH price, but options traders can safely remain long by using this strategy
Top 5 cryptocurrencies to watch this week: BTC, BNB, UNI, FIL, THETA
31.7.2022
Consolidation from BTC has opened the door for BNB, UNI, FIL and THETA to run higher
US Personal Consumption Expenditures Tap Record Highs, Stanford Economist Says Fed Should Increase Rates Above 9%
31.7.2022
On July 29, the U.S. Bureau of Economic Analysis reported on America’s personal consumption expenditures (PCE) price index for the month of June, and the figure saw the largest 12-month increase since 1982. On the same day, Stanford University’s senior fellow at the Hoover Institution...
Biggest Movers: FIL up 25%, as DOT Surges to 6-Week High on Saturday
30.7.2022
Filecoin was one of Saturday’s biggest gainers, as prices rose by as much 24% to start the weekend. The move saw the token reach its highest point since early June, and comes despite cryptos being mostly in the red in today’s session. DOT was also higher, as it too hit a multi-week...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate to Start the Weekend
30.7.2022
Following strong gains on Friday, bitcoin was consolidating under a key resistance level to start the weekend. Bulls opted to secure gains as price uncertainty heightened in crypto markets, which as of writing are down 1% on the day. Ethereum was also marginally lower in the session. Bitcoin After...
Price analysis 7/29: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
29.7.2022
Bitcoin price has hit resistance at the $24,000 level, resulting in a slight pullback in select altcoins. Is the rally over?
Biggest Movers: GRT, LINK Rally to Multi-Week Highs on Friday
29.7.2022
The graph was a notable mover in Friday’s session, as the token rallied to a multi-week high. Prices rose by as much as 16% in today’s session, with chainlink also seeing its price climb by a double-digit percentage. Overall, the global crypto market cap is up 1.92% as of writing....