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First Mover: Bitcoin Low Exchange Balances Looks Bullish, But Chart Looks Bearish as $11K Nears
28.9.2020
Bitcoin balances on exchanges hit 2-year low, seen as a bullish sign that traders are holding for the long term, or tokenizing for use in DeFi
Novogratz: Dangerous Time to Be in Stocks, Bitcoin Has More Upside Than Gold
27.9.2020
Galaxy Digital CEO Michael Novogratz explains why it is a dangerous time to be in the stock market right now, leading up to the U.S. presidential election. While bearish on the dollar, Novogratz is bullish on bitcoin and gold but thinks that bitcoin has more upside than gold. Dangerous Time to...
Stellar (XLM) Gained 12% in 2 Days Yet Appears Bearish
26.9.2020
Stellar Lumens, just like any other crypto of the market, is facing a setback currently and is trading at $0.074 after hitting a high at $0.120 in the previous month. However, over the past 5-6 weeks now, XLM/USD is now down by 38% due to the negative market sentiment, wherein the largest...
Bitcoin’s Bearish September Has Kneecapped Crypto ETP Activity: Report
25.9.2020
Bitcoin's price woes this month likely put investors off from purchasing crypto ETPs, pushing volumes into a nosedive
Aion Appears Completely Bearish Over the Past 30 Days
23.9.2020
Aion—the Open Application Network based digital assets are mostly used to secure and access the OAN. The OAN has its benefit of being built on open standards, and in this regard, it is owned by everyone that uses it. Moreover, the coin is mineable and is majorly used for payments, but the All-Time...
Tether Trades Around $1.00 with a Bearish Bias
22.9.2020
Tether—the US Dollar pegged stable coin has taken over XRP’s position globally and is now ranked on the 3rd position in the market. Since USDT is a stable coin, it is likely to have its value around $1 and is currently trading at $1.0002. Moreover, it was in March when USDT was seen having a …
Small Bitcoin addresses plunge to 4-month low, but is this bearish?
20.9.2020
Bitcoin addresses holding 1 BTC plunged to a 4-month low, but it is premature to suggest it is a bearish sign
Market Outlook: Bitcoin Breaks $11K, Whales Refuse to Sell, Downside Risk Remains
19.9.2020
The price of bitcoin jumped above the $11k threshold on Saturday morning and into the afternoon, after hovering above the $10,900 range the day prior. The entire crypto-economy of 7,600+ coins has gained 2.29% during the last 24 hours touching $344 billion. Bitcoin (BTC) markets have surpassed...
Qtum Trades Below $3 with a Complete Bearish Crossover
15.9.2020
Qtum—the Proof of Stake based smart contract platform is built on Bitcoin’s UTXO transaction and the native token is currently trading at $2.585 against the greenback. It was earlier in the year when the price crashed and hit an All Time Low around $0.70. In a period of 5 months, QTUM/USD...
TrueUSD (TUSD) Trades in Bearish Mode Below $1
15.9.2020
TrueUSD is a US Dollar pegged stable coin and ranked amongst the top 50 cryptos of the market, holding a price movement around $1 with few intermittent candlewicks rise. TrueUSD is a provision of the TrustToken Platform, which has its partnerships with registered fiduciaries and banks that hold...
Macroeconomic Trends Boost Bitcoin and Gold, US Dollar Index Shows Bearish Double-Top
15.9.2020
According to a number of reports and commentary from financial analysts, the world is “drowning in U.S. dollars” after the Federal Reserve decided to pump billions of dollars into the hands of 14 central banks via liquidity swaps. Moreover, recent technical analysis shows...
Bitcoin Options Traders Bet the Price of BTC Can Touch $36K by December
14.9.2020
This past weekend, data shows the most active bitcoin options contracts were calls for $28k, $32k, and $36k by the year’s end. This means a number of options traders are betting the price of bitcoin will exceed the all-time high (ATH) the decentralized currency touched in December 2017....
Status Reclaims Bearish Bias After Breaching 2-Year Resistance
12.9.2020
There are many open-source platforms leading to numerous services in the world of blockchain and crypto. One of the many open-source platforms supporting messaging platform and mobile interface that is designed to interact with applications that run on the Ethereum Network. This increases...
Elrond Dips Below $0.010 & Draws a Bearish Divergence
11.9.2020
Elrond, after hitting a YTD around $0.037, it is currently trading with a complete bearish crossover at $0.0092 against the greenback. Elrond is supported by many exchanges and is made available for mass adoption as a lucrative investment amongst the top 100 cryptos of the market. However, with...
Kyber Network Appears Bearish with No Steady Traction
11.9.2020
Kyber Network extends services such as instant settlement with Decentralized Finance supporting infrastructure and ease of liquidity. Its blockchain-based platform is a completely self-customizable business model, and it was just in the previous month when the token breached a 22-month long...
Compound Gains Over 15% in 7 Days; Yet Appears Intraday Bearish
11.9.2020
Compound—a governance empowered platform that will extend to a mass upgrade of a protocol by the ecosystem built. Moreover, it was just in the ongoing year when COMP—DeFi based token hit an All-Time High and is, therefore, one of the most lucrative platforms amongst the top 50 blockchains of...
ICON Extends the Bearish Run; Trades Below $0.45
10.9.2020
ICON extends its negative bias in the market since the previous week, and alongside, as we end the first ten days of the ongoing month, the bearish crossover lingers. ICX, after having breached the 22-month resistance at $0.80, has gradually pulled back by over 45%. And with the downside correction...
Aave Gains Over 30% in Intraday but Still Appears Bearish
10.9.2020
Aave, in the previous week, was one of the top 30 tokens of the global cryptos market, but with gain in intraday momentum over the past six days, it is on the 25th position, at the time of writing. Having hit a YTD high above $0.70, it dipped below $0.45 and tested supports as low …
Stratis Turns Completely Bearish After a YTD high at $0.775
9.9.2020
Stratis (STRAT) was seen drawing a negative bias today due to a lack of market traction. After having dipped as low as $0.11, the hybrid currency has marked the YTD high at $0.77 and has strengthened by over 600% in five months. However, the recent pullback in the market has led to a complete...
Celsius Consolidates with a Bearish Crossover in 2 Months Now
9.9.2020
Celsius token, at the press time, was seen trading with a bearish consolidation at $0.410. CEL/USD appears flat since July 2020 after having recovered from the lower trading range below $0.200. CEL token marked a YTD high slightly above $0.50 at $0.51 in June 2020 and with a bearish accumulation....