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Bitcoin, Ethereum Technical Analysis: BTC Rallies to 1-Month High, as ETH Nears $1,300
13.12.2022
Bitcoin surged to a one-month high on Dec. 13, ahead of the latest inflation report from the United States. It is expected that consumer prices will fall to 7.3% in November, which would be a drop of 0.4% from the month prior. Ethereum was also higher in today’s session, as prices neared...
Ethereum Classic finds support from $18 for the short term!
13.12.2022
In the war, better good vs. better, Ethereum might have taken a giant leap with its movement towards proof of stake validation. While ETH simultaneously lost just 35%, Ethereum Classic’s price slipped by over 55%. The growing difference, even after the expectations that miners will be heading...
Bullish DASH is aiming toward $60: Should you invest now?
13.12.2022
Dash is a fork of Litecoin, which itself is a fork of Bitcoin. Dash’s name comes from the two phases, ‘Digital’ and ‘Cash.’ It aims to be a better version of both Litecoin and Bitcoin. There are many other privacy-centric cryptocurrencies, but features like Masternodes, PrivateSend,...
The Graph (GRT) continues the consolidation: Ready to hit $0.1
13.12.2022
The Graph is a leading platform that allows users to buy/sell cryptocurrencies with cards and bank transfers. It is a popular choice for crypto enthusiasts. Although it formed at a 52-week low last month, it is recovering well. At the time of writing this post, GRT/USD is trading around $0.066...
Bitcoin’s bear market is far from over, but data points to improving investor sentiment
12.12.2022
Crypto investor sentiment saw a slight upswing, but the potential of a deep liquidity crisis in the sector could keep investors at bay
Price analysis 12/12: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT
12.12.2022
Cryptocurrency and stock markets could see a sharp spike in volatility due to this week’s CPI print, interest rate hike and a conference from Federal Reserve chair Jerome Powell
Biggest Movers: SHIB Slips to 20-Day Low, DOGE Also Declines
12.12.2022
Shiba inu was in the red to start the week, with prices falling to a 20-day low on Monday. The meme coin has now moved lower for four straight sessions, with the latest decline seeing price move below a key support point. Dogecoin was also down, hitting a two-week low earlier today. Shiba...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower Ahead of US Inflation Data
12.12.2022
Bitcoin was trading under $17,000 to start the week, as markets prepared for a big week of economic announcements. U.S. inflation figures will be released tomorrow, and are expected to fall to 7.3%. Many believe this will give way to the Federal Reserve pivoting from its aggressive rate hike...
Polygon (MATIC) battles with $0.95: Is another drop coming?
12.12.2022
Polygon is a layer two scaling platform on Ethereum architecture. It combines the proof of stake and plasma framework to resolve the scalability issue that negatively impacts the blockchain industry. MATIC is the native coin of the Polygon network. While writing this analysis, the price of Polygon...
TON price crosses resistance: Should you invest for the next bull rally?
12.12.2022
Toncoin is a layer-one blockchain decentralized protocol that was used by Telegram. Later, it was taken over by TON Foundations and renamed ‘The Open Network.’ It was started in 2018, but since 2020, it has been developed by a non-commercial group of supporters and independent enthusiasts. ...
What is a Doji candle pattern and how to trade with it?
12.12.2022
ADoji candlestick shows indecisiveness in the market, wherein buying and selling behavior offset each other in a particular timeframe
Bitcoin’s boring price action allows XMR, TON, TWT and AXS to gather strength
12.12.2022
BTC’s price range is tightening in preparation for a potential range expansion. Meanwhile, XMR, TON, TWT and AXS are maintaining their bullish momentum
Biggest Movers: UNI Higher, DOGE in Red on Saturday
10.12.2022
Uniswap was in the green to start the weekend, despite cryptocurrency markets mostly consolidating. The token rebounded from losses suffered on Friday, moving closer to a key resistance level in the process. Dogecoin, on the other hand, fell lower on Saturday as traders attempted to find a stable...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate to Start the Weekend
10.12.2022
Bitcoin started the weekend trading above $17,000, as traders prepare for next week’s U.S. Federal Reserve interest decision. Markets now expect that the Fed could continue hiking rates, following a higher than expected increase in producer prices. Ethereum mainly consolidated on Saturday...
Bitcoin bulls protect $17K as trader eyes key China BTC price catalyst
10.12.2022
China offers a potential leading indicator for Bitcoin price strength with U.S. economic data due next week
Data shows the Bitcoin mining bear market has a ways to go
9.12.2022
The 2022 bear market is impacting BTC miners in more extreme ways than previous downturns, especially with so many publicly listed miners struggling with their debt obligations
Price analysis 12/9: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
9.12.2022
Bitcoin and most major altcoins remain stuck inside a range as traders keep a close eye on next week’s macroeconomic events
Biggest Movers: MATIC, QNT Move Higher on Friday, as Cryptos Rebound
9.12.2022
Polygon was a notable gainer on Friday, as cryptocurrencies moved higher following a turbulent week of trading. The global crypto market cap is 2.28% higher as of writing, as markets prepared for the release of U.S. consumer sentiment data. Quant was another big mover, as prices surged for a second...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound on Friday, Following Volatile Week of Trading
9.12.2022
Bitcoin was back in the green on Friday, with prices once again moving above the $17,000 level. Cryptocurrencies were mostly higher in today’s session, as prices rebounded from recent losses. Ethereum also surged earlier in the day, climbing closer to the $1,300 level. Bitcoin Bitcoin (BTC)...
BNB is facing consolidation near the 100 EMA curve!
9.12.2022
BNB currently ranks 4th in the market capitalization of $46 billion, with 80% of BNB tokens entered into the circulation supply. Being the first token network to apply the deflationary scheme of burning tokens at repeated intervals. By December 2022, Binance has already burnt close to 20% of...