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Daily Crypto Update: Market Stays Bearish as August Ends
30.8.2024
With August coming to a close, the crypto market is in a tough spot. The industry is undergoing…
Ethereum Technical Analysis: ETH Faces Critical Resistance at $2,800 Amid Market Indecision
26.8.2024
On August 26, 2024, ethereum’s price hovered around the $2,739 mark, reflecting a cautious market sentiment as traders weigh the potential for further gains against looming resistance. Technical indicators across multiple timeframes reveal a mixed outlook, with key support and resistance...
Bitcoin Technical Analysis: Key Resistance Levels Test Bullish Momentum
26.8.2024
On Aug. 26, 2024, bitcoin is navigating a crucial juncture, with prices hovering around $63,908. Despite a recent recovery attempt, the cryptocurrency faces significant resistance between $64,000 and $65,000. Bitcoin Bitcoin’s 1-hour chart reveals a recent peak at $65,103, followed by a sharp...
Bitcoin miner OTC balances reach 2-year high — Why it’s a bearish signal
23.8.2024
The rising amount of Bitcoin OTC desk balances for miners indicates “significant selling activity” among miners
Dogecoin Shows Bearish Signal; Can $DOGE Support Level Hold?
19.8.2024
Following today’s crypto market downturn, the dog-themed meme coin Dogecoin has experienced heightened bearish sentiment. Its price dropped…
Ethereum Technical Analysis: Indicators Signal Caution for Ether as Bears Maintain Control
19.8.2024
Ethereum’s price on August 19, 2024, stands at $2,582, with a 24-hour intraday range of $2,572 to $2,681. The cryptocurrency recorded a trading volume of $9.5 billion, contributing to a market capitalization of $310 billion. Despite these figures, ethereum’s technical indicators reveal...
Bitcoin Technical Analysis: BTC Faces Continued Downward Pressure
19.8.2024
As of August 19, 2024, bitcoin is trading at $58,061, with a 24-hour intraday range between $57,918 and $60,191. The crypto asset saw a trading volume of $20.7 billion and maintains a market capitalization of $1.14 trillion. Multiple timeframes reveal a sustained downtrend, with key resistance...
PEPE Dips 12% Amid Bearish Trend; Can $0.000006931 Hold?
16.8.2024
Over the past week, Pepe, a frog-themed memecoin, has exhibited solid negative price action, with its value receding…
Bitcoin funding rates hit YTD lows, bearish trend looms: CryptoQuant
16.8.2024
Bitcoin funding rates on Binance turn negative, reflecting a surge in short positions as institutional interest wanes
Bitcoin critical indicator prints ‘bearish cross’ as it sinks below $58K
16.8.2024
The crossing of this indicator on two different timeframes has signaled to traders that short-term performance may be weakening, sparking fear in the market
Bitcoin stagnates as bearish headwinds continue to blow
16.8.2024
Bitcoin price falls as demand for leveraged long BTC futures and stablecoins drops
Why is Bitcoin price volatile today?
12.8.2024
Bitcoin price opens the week with whipsaw price action ahead of a busy macroeconomic data week, and investors hope that the] US Federal Reserve will cut rates
Ethereum Technical Analysis: ETH Faces Persistent Downtrend Despite Strong Market Activity
12.8.2024
On August 12, 2024, ethereum (ETH) was priced at $2,683, fluctuating within a 24-hour range of $2,523 to $2,720. With a market capitalization of $321 billion and a trading volume of $17.58 billion, ether continues to exhibit significant market activity. However, technical indicators suggest ongoing...
Bitcoin Technical Analysis: BTC Struggles Amidst Bearish Pressure, Eyes Key Support Levels
12.8.2024
Bitcoin’s price on August 12, 2024, stands at $59,777, with intraday 24-hour prices ranging between $57,814 and $61,054. The cryptocurrency’s market capitalization is $1.16 trillion, supported by a 24-hour trade volume of $29.81 billion. As bitcoin navigates this challenging...
Cryptoquant Insights Warn: Bitcoin’s MVRV Ratio Signals Bearish Turn
9.8.2024
The price of bitcoin (BTC) recently fell sharply due to unfavorable macroeconomic factors, with key support levels being tested once again. Analytics provided by Cryptoquant’s Institutional Insights report reveal that the market sentiment has turned bearish, with increased selling pressure...
Ethereum Technical Analysis: ETH Faces Bearish Momentum With Potential for Short-Term Recovery
5.8.2024
On August 5, 2024, ethereum’s price action has been dominated by strong bearish sentiment across multiple timeframes. While short-term consolidation suggests some indecision, the overall market indicators point towards continued downward pressure. With critical support levels approaching...
Bitcoin Technical Analysis: $50,000 Support Under Siege as Bearish Trends Persist
5.8.2024
Bitcoin’s price reached a five-month low, dipping to $49,647 at 2:25 a.m. EDT on Monday, Aug. 5. This decline is fueled by growing concerns about an impending recession, with Japan’s Nikkei experiencing its steepest daily drop since ‘Black Monday’ in 1987. Futures for the Dow, Nasdaq...
Dogwifhat Retests Bearish Trendline; WIF Rebound to $3.00?
23.7.2024
Dogwifhat’s WIF token has exhibited a solid bearish sentiment in the last 24 hours, marking today’s top loser in the crypto market. As a result of this negative price action, WIF’s price fell to an intraday low of $2.5253, which recorded a 10% decrease at the time. However,...
Daily Crypto Update: Bearish day puts top tokens in a minor slump
23.7.2024
After a quick bullish session, the crypto market is showing signs of correction. The majority of the top cryptocurrencies have been unable to establish a consistent rhythm over the past 24 hours. From Bitcoin and Ethereum to Cardano, the top 10 cryptocurrencies (barring USDC and USDT stablecoins)...
Why is Bitcoin price volatile today?
22.7.2024
Bitcoin price whipsawed to $66,000 before recovering the top of its intraday range. Analysts explain why BTC is volatile today