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Price analysis 7/6: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO
6.7.2022
Bitcoin and select altcoins are making an attempt at flipping key resistance levels, but negative news-flow and selling from BTC miners could continue to weigh on market sentiment
Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge
6.7.2022
On July 6, the crypto mining rig manufacturer Bitmain announced the launch of the highly anticipated Antminer E9 after revealing the device on April 15, 2021. The machine boasts speeds of up to 2.4 gigahash per second (GH/s) and Bitmain is selling the device for $9,999 per unit. Bitmain Launches...
Bitcoin, Ethereum Technical Analysis: BTC Hovers Slightly Above $20,000, as Crypto Volatility Continues
6.7.2022
BTC was trading higher on hump day, as bullish momentum picked up as the week progressed. Prices once again tested a key resistance level above $20,000, with ETH also hovering around a ceiling of its own during Wednesday’s session. Bitcoin Bitcoin was trading in the green for most...
Bitcoin and Ethereum Still Range-Bound, AVAX and SAND Accelerate
6.7.2022
Bitcoin price is still consolidating above the USD 19,500 support zone and is currently (11:47 UTC) trading near USD 20,100, with a key hurdle near USD 20,500. BTC increased over 2% in a day, erasing its weekly losses.
Similarly, most major altcoins are eyeing an upside break. ETH is moving...
Bitcoin and Ethereum Fluctuate, CEL Keeps Dropping
6.7.2022
Bitcoin price stayed above the key USD 18,800 support zone and settled above the USD 19,500 level, but it is struggling to settle above the USD 20,500 zone. It is currently (03:49 UTC) trading near USD 19,900 and is down 2% in a day and a week.
Similarly, most major altcoins remain supported....
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,100 as BTC Briefly Hits $20K on Tuesday
5.7.2022
BTC briefly rose back above $20,000 on Tuesday, as U.S. markets reopened following yesterday’s Independence Day holiday. Prices of ETH also surged, climbing over its $1,100 resistance level. Overall, the crypto market cap is trading 0.63% higher. Bitcoin On Tuesday, bitcoin rallied back...
Bitcoin, Ethereum, and Altcoins Correct Gains
5.7.2022
Bitcoin price struggled to clear the USD 20,500 resistance zone and moved below USD 20,000 again. It is currently (11:50 UTC) trading near USD 19,700 and is almost unchanged in a day and down 5% in a week.
Similarly, most major altcoins are also correcting gains. ETH tested USD 1,175 but...
Bitcoin Returns Above USD 20K, Ethereum Rallies, CEL Keeps Outperforming
5.7.2022
Bitcoin price remained well bid above the USD 18,800 support zone and started a fresh recovery wave above the USD 20,000 resistance zone. It is currently (04:09 UTC) trading near USD 20,300 and is up 6% in a day and down 2% in a week.
Similarly, most major altcoins gained pace and recovered some...
Price analysis 7/4: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, LEO, SHIB
4.7.2022
Bitcoin and altcoins have held their immediate support levels, suggesting the start of a relief rally in the short term
Bitcoin price spikes to $20K as whale bought BTC confirms support
4.7.2022
Bitcoin bounces to five-day highs while Ethereum rises above the $1,100 mark
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hover at Key Support Levels to Start Week
4.7.2022
Bitcoin continues to hover below $20,000 to start the week, as U.S. markets were mainly closed due to the Independence Day celebrations. This past weekend’s volatility carried forward into Monday’s session, with ETH remaining close to a breakout below $1,000. Bitcoin Bitcoin started...
Bitcoin and Ethereum Stuck in Key Range, CEL Outperforms
4.7.2022
Bitcoin price remained well bid above the USD 19,000 support zone and is currently (11:46 UTC) moving higher, but there are many hurdles near USD 20,000. A clear move above USD 20,000 could set the pace for a recovery wave. For now, BTC trades near USD 19,600 and is up almost 3% in a day and still...
Bitcoin and Ethereum Struggle to Recover, AR and RUNE Accelerate
4.7.2022
Bitcoin price settled below the USD 20,000 support zone. BTC is currently (04:05 UTC) consolidating near USD 19,100 and is down 1% in a day and 9% in a week.
Similarly, most major altcoins are trading below key support levels. ETH is well below USD 1,100 while XRP is struggling below USD 0.325....
Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low
3.7.2022
On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022....
Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $18,800 Support Level on Saturday
2.7.2022
Bitcoin moved closer to its long-term support level of $18,800 to start the weekend, as prices of cryptocurrencies were once again lower. While bitcoin has now fallen for seven straight sessions, ethereum also saw similar declines, and as of writing is down 2.40% from yesterday’s high....
Study: AUM of Crypto Investment Products at Record Lows in June, Trust Products Garner Lowest Total Since December 2020
2.7.2022
The latest data from Cryptocompare shows that assets under management (AUM) of crypto investment products reached record lows during the month of June. The data also shows 21 Shares Short Bitcoin ETP as the only digital investment product that registered a positive 30-day return (30.8%) as of June...
Price analysis 7/1: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, LEO, SHIB
1.7.2022
Traders expect Bitcoin to swoop below its swing low before the price flattens out and altcoins begin to recover
Bitcoin, Ethereum Technical Analysis: BTC Rebounds on Friday, Following a Drop Below $19,000
1.7.2022
Following a move below $19,000 on Thursday, BTC was able to rise above $20,000 during today’s trading session. ETH also was able to remain above $1,000, following an attempt by bears to push price under this level during yesterday’s session. Bitcoin Bitcoin was trading marginally...
Bitcoin and Ethereum Trend Lower, Best Performing Altcoins Trim Gains
1.7.2022
Bitcoin price is back below the USD 19,500 support zone. It is currently (11:44 UTC) consolidating near USD 19,200 and is almost unchanged in a day and down 7% in a week. Earlier today, BTC ested USD 20,500.
Similarly, most major altcoins are struggling to recover losses. ETH is nearing USD 1,000...
Gnox Gains Over 60% with Analysis Suggesting x100, While BTC & ETH Showing Signs Of Bullish Reversal
1.7.2022
The newly released altcoin Gnox (GNOX) has entered the market with surprising momentum, surging its price by 60% in presale. Analysts believe that this newcomer DeFi cryptocurrency will grow its value 100 times. The groundbreaking Gnox, built on the successful Binance Smart Chain, is the reflecting...