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Crypto Prices Bullish Once More - What’s Fueling the Recovery?


Prices of major cryptocurrencies are again looking bullish, as traders eye hope that inflation has peaked, and attention shifts to the next US interest rate announcement. The bullish price action in bitcoin (BTC), ethereum (ETH) and other major coins today came despite a more hawkish tone than...

Will Cosmos sustain the recovery amid mixed market trends?


Cosmos is a blockchain communication network that helps share and transfer files through the cosmos hub. It solves the interoperability problem of different decentralized networks by enabling them to connect seamlessly to different decentralized networks. Cosmos was developed by Ethan Buchan...

Dogecoin (DOGE) Price Spikes But Not Equivalent to a Recovery!


After the recent news of the Twitter acquisition by Elon Musk, the Dogecoin price drove hugely last week. Before that news, Dogecoin was consolidating within a range, it is still consolidating, but it has formed higher highs on the short-term chart. The deal was full of turns and twists because...

Bitcoin Falls Back to Support; Will BTC Make a U-Shaped Recovery?


Bitcoin has been reeling under massive volatile price action, with the outlook of this token seemingly negative in the short term. From a broader perspective, things look dimmer, but dip buyers are happy to add more BTC to their holdings. BTC’s previous low in June 2022 was near $18000, and...

Compound (COMP) Recovery Looks Strong for a Bull Run!


A compound is a platform to borrow and lend crypto assets without a central authority. The lenders are like investors who want to generate more value, but borrowers pay interest on the amount. The crypto assets enter into a liquidity pool where a series of smart contracts match the available loans...

Zcash Price Analysis: ZEC Crypto Tries for a Recovery!


Zcash gained prominence out of its features that defeated the anonymous promises of major cryptocurrencies. The ZEC token didn’t reveal its users’ identities or the amount being processed. However, there is an option for relieving this autonomous data to authorities for auditing or meeting...

LBank Donated Relief Goods to Pakistan Flood-Hit Areas for Recovery Efforts


In the last few weeks, torrential monsoon rains caused devastating floods that badly damaged a few parts of Pakistan. As a result, thousands of people from Punjab, Balochistan, Sindh, and Khyber Pakhtunkhwa have migrated from their homes to shelters. The most affected area of Pakistan was Swat...

XRP Price Storms 20%, Leads Recovery in Bitcoin and Ethereum


Bitcoin price managed to escape a bearish breakdown below the $18,000 support. BTC is currently (03:10 UTC) trading above $19,000. A clear move above the $19,550 and $19,600 resistance levels might start a decent increase. Similarly, most major altcoins are moving higher. ETH gained over 5%...

Bitcoin Price and Ethereum Consolidate, Recovery Could Be Capped


Bitcoin price remained in a bearish zone below the $19,000 level. BTC is currently (11:00 UTC) consolidating near the $18,500 level. A short-term recovery wave could face resistance near the $18,865 and $19,000 levels. Similarly, most major altcoins might face resistance if there is a recovery...

Cardano Shows No Recovery Sign; ADA on the Verge of Another Decline!


The Cardano platform is approaching the Vasil hard fork upgrade, while the remaining candidates have generated 94% of the blocks. Many experts think this hard fork is the second most anticipated event in the crypto industry. As a result, the ADA price is expected to rise in the next few weeks. ...

Bitcoin and Ethereum Consolidate Losses, Recovery Could Be Limited


Bitcoin price declined heavily below the USD 19,500 support. BTC even settled below the USD 19,000 level. It is currently (11:20 UTC) consolidating losses above the USD 18,500 level, with slim chances of a recovery wave. Similarly, most major altcoins are consolidating losses. ETH is stuck near...

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