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Price analysis 6/10: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, AVAX, SHIB
10.6.2022
BTC and altcoins are on the verge of falling below critical support levels, and today’s higher than expected CPI report isn’t helping
Bitcoin Price Outlook for June — Market Conditions Show Uncertainty
10.6.2022
Ten days into June, bitcoin continues to trade lower, with prices hovering close to a twelve-month low. Despite this, there continues to be optimism around potential rallies in price over the next few weeks. Overall, there is still a lot of uncertainty in the market, with the potential for either...
Biggest Movers: AVAX, ALGO Among Crypto Losers as U.S. Inflation Hits 40-Year High
10.6.2022
AVAX and ALGO both fell by nearly 10% on Friday, following the release of the latest inflation figures in the United States. Data showed that inflation is currently at 8.6%, which is close to a 40-year high. Both AVAX and ALGO moved close to one-week lows on the news. Avalanche (AVAX) AVAX moved...
Bitcoin, Ethereum Technical Analysis: BTC Prices Stall, Heading Into Weekend
10.6.2022
Bitcoin prices were mainly unchanged early in Friday’s session, as traders prepared for the weekend. Following a strong start to the week, crypto prices have mostly consolidated in recent days. ETH was once again trading close to support at $1,750. Bitcoin Following a strong start to...
Bitcoin Fails to Retrace; Will BTC Return Profits?
10.6.2022
Being the largest cryptocurrency surely calls for some impact. BTC’s consolidation has already shaken the altcoin valuations, and it will be tough to expect any magical retracements without Bitcoin improving its stance. The steep decline from $48000 to $28000 came as a shock. However, this provided...
ETH is Now “One Step Closer” to Ethereum 2.0
10.6.2022
Ethereum is a popular cryptocurrency. Recently the Ropsten Merge Test upgrade comes with the solutions it used to face in the last few years. The news regarding Ethereum 2.0 has already triggered the butterflies in the stomach of developers, analysts, and investors, who have high expectations...
Polygon Stucks in a Consolidated Zone; Will MATIC Rise From Lows?
10.6.2022
Before diving deeper into the potential of Polygon to venture towards double-digit valuations, Polygon is nothing like other blockchains. It is rather a scaling solution to the existing ecosystem of Ethereum, which can process only 25 transactions per second. Originally named MATIC, it...
Solana price just one breakdown away from a 40% slide in June — here's why
10.6.2022
Network outages and decreasing smart contract reserves add further downside pressure to SOL price
$30K BTC price has 'severe impact' on Bitcoin miner profits — analysis
10.6.2022
Miners are facing an increasingly problematic climate for participating in the Bitcoin blockchain, and only higher BTC prices can help
Biggest Movers: XTZ and LINK Surge to 1-Month Highs on Thursday
9.6.2022
Despite the crypto market trading lower today, Tezos and LINK both rose to one-month highs on Thursday. XTZ was up by 8.5% during today’s session, whilst LINK rose by nearly 9% in the day. Overall, the global crypto market cap is down 0.55% as of writing. Chainlink (LINK) LINK continued...
Yellen Downplays Stimulus Contributing to Inflation, Republicans Grill US Treasury Secretary’s Decisions
9.6.2022
U.S. Treasury secretary Janet Yellen doesn’t think inflationary pressures stem from the stimulus policies enacted after the Covid-19 outbreak. While speaking to lawmakers on Wednesday, during the House Ways and Means Committee, Republicans criticized Yellen for not knowing about the risks...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Slightly Lower Ahead of Friday’s US Inflation Report
9.6.2022
BTC was fighting to stay above $30,000 on Thursday, as markets prepare for the release of U.S. inflation data on Friday. Crypto prices mainly consolidated in today’s session, whilst ETH marginally slipped, falling below $1,800. Bitcoin Bitcoin was attempting to stay above $30,000...
Chainlink Moves Towards 100 DMA; Will LINK Cross It?
9.6.2022
Chainlink aims to create a network where data providers, also called oracles, are incentivized by money to provide truthful and reliable data to a blockchain. Chainlink is run by Oracle, a software that acts as an intermediary for two-way data transfer between smart contracts in the real world....
Neo Holds Potential but Lacks a Positive Stance!
9.6.2022
Created as a company called Antshares in 2014 and rebranded to NIU in 2017, Neo is one of the earliest big-name public blockchains that is still actively working. On track to deliver according to the road map, it set out with the goal of adopting the technology for real-world use. Focusing...
Where Can ETH Price Go After Ethereum’s Ropsten Test Merge?
9.6.2022
In the last couple of years, popular blockchains like Ethereum and Bitcoin have faced various issues related to scalability, eco-friendliness, security, and transactions. Ethereum 2.0 upgrade comes with a solution to many of these problems. It is in the news because of the much-anticipated...
Price analysis 6/8: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, AVAX, SHIB
8.6.2022
Bitcoin and altcoins are losing bullish momentum and persistent selling at overhead resistance suggests that the current consolidation is far from over
Biggest Movers: LINK Remains Near 1-Month High, as ADA Extends Bull Run
8.6.2022
LINK remained close to a one-month high earlier in today’s session, as crypto markets shook off some of Tuesday’s volatile moves. Although price volatility remained, bulls returned to show force, with ADA continuing to climb higher this week. Chainlink (LINK) LINK was trading around...
Bitcoin, Ethereum Technical Analysis: BTC Continues to Consolidate, Prices Move Slightly Above $30,000
8.6.2022
Bitcoin moved away from Tuesday’s lows during the hump-day session, as prices were once again above $30,000. Prices have been hovering above and below this level over the last few weeks, with no significant gains in the period. ETH was also marginally higher. Bitcoin The volatility in crypto...
Ethereum 'double doji' pattern hints at a 50% ETH price rally by September
8.6.2022
ETH's bullish reversal candlesticks form near a strong support confluence, raising anticipations about a sharp upside retracement ahead
AMP Down by 8.64% in a Week; Can It Be Retracted?
8.6.2022
Blockchain was developed for added utility and convenience over complications. AMP-enabled payment firms like Flexa and others utilize the new age technologies to solve many problems. AMP is just a digital network that connects to all hardware and software points of sale online using Flexa....