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Uniswap bounces back: 64.25% surge in open interest signals bullish trend
17.6.2024
Uniswap (UNI), a leading decentralized finance (DeFi) protocol, has experienced a significant price rebound, accompanied by a notable 64.25% increase in open interest. This surge in activity has captured the attention of traders and analysts, raising questions about the factors driving this...
Shiba Inu’s burn rate explodes over 800%, signals a buying trend
17.6.2024
Shiba Inu is modestly trading around $0.00002023, down by 2.36% in the last 24 hours at the time of writing this article. While it does not showcase a bullish run at the moment, speculation is that SHIB could eventually rebound to a higher value. This thesis gains strength from the fact that...
Polkadot faces further declines as ‘Death Cross’ pattern signals bearish trend
10.6.2024
Polkadot’s value dropped considerably as reservations regarding its ecosystem persisted ahead of the JAM chain update. On Monday morning, the DOT token experienced a dramatic decrease to $6.42 at 6:48 a.m. GMT, representing a plunge of over 45% from its high this year. This occurred...
Bitcoin Technical Analysis: Bulls Poised for Next Leg up, Targeting $70K
3.6.2024
Over the past hour, bitcoin’s price has ranged from $68,915 to $69,121, with an intraday spread between $67,440 and $69,305. The 24-hour trading volume for bitcoin (BTC) is $23.02 billion, indicating robust market activity. The market capitalization of bitcoin remains strong at $1.36...
Bitcoin Technical Analysis: BTC Maintains Stability in Narrow Triangular Formation
31.5.2024
Bitcoin’s valuation presently resides at $68,402, boasting a market capitalization of $1.34 trillion and a 24-hour trading volume of $23.93 billion. Throughout the previous day, BTC’s price has maintained a tightly consolidated triangular pattern. Bitcoin Bitcoin’s (BTC) daily...
Bitcoin Technical Analysis: BTC Shows Consolidation Phase Amid Recent Volatility
29.5.2024
Bitcoin’s price on May 29, 2024, reflects a period of consolidation following recent volatility. The current price stands at $67,739 with an intraday range of $67,201 to $68,880. Technical indicators and moving averages provide a mixed outlook, indicating both potential stability and...
Ethereum Technical Analysis: Bullish Signals Dominate as Ether Trends Higher
27.5.2024
Ethereum’s price on May 27, 2024, stands at $3,908, reflecting a strong upward trend in the recent trading sessions. Ether’s intraday range has been between $3,795 to $3,953 over the past 24 hours. Ethereum Ethereum’s 1-hour chart reveals a steady upward trend starting from May 26, peaking...
Bitcoin Technical Analysis: BTC’s Uptrend Held Back by Strong Resistance at $70K
27.5.2024
As of May 27, 2024, bitcoin is trading at $68,457 with a market capitalization of $1.34 trillion. The leading crypto asset has experienced an intraday price range of $68,308 to $69,340 with a 24-hour trade volume of $10.74 billion. Bitcoin The short-term analysis based on BTC’s 1-hour chart...
Ethereum ETF Greenlight Signals Path for More Crypto Investment Funds: TD Cowen
26.5.2024
The recent approval of Ethereum ETFs has opened the doors for more crypto investment products, according to research from TD Cowen's Washington Research Group.
The post Ethereum ETF Greenlight Signals Path for More Crypto Investment Funds: TD Cowen appeared first on Cryptonews
Bitcoin Technical Analysis: BTC Consolidation Signals Range-Bound Activity
24.5.2024
Bitcoin is currently priced at $67,350, with a market capitalization of $1.32 trillion and a trading volume of $42.36 billion. The cryptocurrency’s price has fluctuated within the range of $66,665 to $70,028 over the last 24 hours. Bitcoin Recent trends in the daily chart reveal bitcoin...
Crypto market headed for downturn? Key signals point to retracement
23.5.2024
The cryptocurrency market, known for its volatility and rapid price movements, appears to be on the brink of another significant retracement. Several indicators and recent developments suggest that the market may be headed for a downturn, sparking concerns among investors and analysts alike....
Discussion Began, Crypto Market Optimism Grows on Spot-Ether ETF Approval Amid Positive SEC Signals
23.5.2024
The crypto world is ready to mark today in history as the day when the SEC will approve or deny 19b-4 form for Ethereum ETFs. Analysts are positive that ETF approval will happen today, considering how approval was granted for Bitcoin ETFs. According to a source, discussions on S-1 forms have...
Bitcoin surges: Multiple BUY signals triggered; seize the opportunity!
22.5.2024
New trends in digital currencies suggest positive changes, particularly for Bitcoin and Ethereum, as financial experts have noted. Specifically, on May 18, there was an alert for Bitcoin ETFs, which showed an excellent opportunity to trade. This was backed by another analysis on May 20 that showed...
Shiba Inu likely to rally 25% after it flashes buy signals
21.5.2024
Shiba Inu (SHIB) has recently breached key milestones, briefly signaling to buy sentiments and the potential to mark a 25% uptick. Volatility and overall uncertainty in the crypto market accompany the rally. Nevertheless, the sentiment of buying SHIB is evidently prevalent. The current listing...
Phantom Wallet climbs Apple app store charts — Bullish sign for Solana?
19.5.2024
Phantom Wallet has climbed to third position on the utility category on the Apple app store and several crypto commentators are taking it as a bullish signal for Solana
China’s $53.3B Divestment in US Treasuries Signals Massive Shift From Dollar Assets
18.5.2024
According to records, China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some analysts suggest this reduction in foreign exchange reserves might be China’s strategic move to leverage its holdings against the United States. China’s Treasury...
Bitcoin Price Prediction as Bulls Defend $61,000 Level – Here are Key Levels to Watch Next
12.5.2024
As Bitcoin defends the key $61,000 level, technical indicators suggest mixed signals, with immediate resistance and support levels closely watched by traders.
The post Bitcoin Price Prediction as Bulls Defend $61,000 Level – Here are Key Levels to Watch Next appeared first...
Is the altcoin market set for an ‘explosive rally?’ Analysts eye these 3 indicators
12.5.2024
Although the altcoin market cap has declined nearly 20% over the past month, traders remain bullish, anticipating that an "explosive rally" phase is yet to come
Bitcoin Price Prediction: Surges to $64,265, Eyeing $70,000 Milestone
5.5.2024
Bitcoin's surge past the 50-day EMA signals a bullish trend, potentially pushing its price toward resistance levels at $66,796 and $69,328.
The post Bitcoin Price Prediction: Surges to $64,265, Eyeing $70,000 Milestone appeared first on Cryptonews
Ripple Price Prediction as Charts Show Potential for 50x Returns And Analysts Predict A Spike – Time to Buy?
5.5.2024
With Ripple's XRP trading at $0.5283 amid a $675 million daily volume, investors closely watch for signals that might hint at a 50x return potential.
The post Ripple Price Prediction as Charts Show Potential for 50x Returns And Analysts Predict A Spike – Time to Buy? appeared first...