Bitcoin Price Signals Fresh Increase But $29K Is The Key To More Gains
Bitcoin price is correcting higher from the $27,000 support. BTC must clear $29,000 to continue higher in the near term. Bitcoin formed a base and corrected higher above the $27,500 resistance. The price is trading above $27,800 and the 100 hourly…
Cardano (ADA) Could Be Poised For A Bullish Breakout, Here’s Why
Cardano (ADA) is a blockchain-based platform that allows developers to build decentralized applications (dApps) and smart contracts. Created by Charles Hoskinson, one of the co-founders of Ethereum to address some of the scalability and…
Notorious B.I.D. 2.0: Biggie-Sized Bidder Will Fuel Bitcoin Rally Again?
The cryptocurrency market has experienced significant volatility in recent months, with the price of Bitcoin (BTC) dropping from its new yearly high of $31,000 to its current trading price of $27,300. This pullback has left Bitcoin at a crossroads…
Banking Crisis Redux: Bitcoin Priced In First Republic Bank Shares Rockets Higher
Bitcoin rallied earlier this year on the back of some of the biggest bank runs in decades. The banking sector crisis could be making a comeback, according to a second-leg up in BTC priced in First Republic Bank shares. Take a look below. Bitcoin…
Ethereum Staking Takes A Leap Forward: Here’s What’s On The Horizon
Ethereum’s (ETH) staking ecosystem has made headlines in the blockchain space since the recent Shanghai upgrade. As the crypto market continues to grow, Ethereum has emerged as a market leader in staking, offering some of the best yields and…
Bitcoin Market At Decision Point: aSOPR Retests Crucial Level
The Bitcoin market may be close to a decision point as on-chain data shows the Adjusted Spent Output Profit Ratio (aSOPR) is retesting the 1.0 level. Bitcoin aSOPR Has Declined Towards A Value Of 1.0 Recently According to the latest weekly report…
Dormant Bitcoin Whales Waking Up, A Concern For BTC Price?
In five short days, three Bitcoin whales have activated addresses with thousands of BTC. The community is concerned that the quick activation of these big BTC wallets might be due to a security flaw affecting wallet private key generators and would…
The price of Ripple XRP plummeted below the $0.46 level for the second time in the past three weeks as XRP records increased transactions amid the prevailing bearish trend on the entire crypto market. The firm behind the XRP coin has moved millions…
Bullish Momentum Expected For ARB As Arbitrum Completes DAO Airdrop
The Arbitrum Foundation has just concluded its distribution of the ARB airdrop to decentralized autonomous organizations (DAOs) and it has triggered some positive expectations among the community. DAOs Receive 90 Million ARB Following the 1 billion…
Shiba Inu Lead Dev Touts “Go Mode”, Will Price Follow?
Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, has shared an exciting message with the SHIB community in the official Shibarium Telegram group today. It comes at a time when the SHIB price is facing a make-or-break moment, as…
Will AVAX Price Get A Lift From Avalanche NFTs? Let’s Examine The Metrics
AVAX, the native token of Avalanche blockchain, has been making headlines lately as the Avalanche NFT transfers soared to record figures in the month of April alone. As the blockchain world continues to expand, the surge in NFT transfers on the…
Polygon Exchange Supply Spikes, More Downtrend Incoming?
On-chain data shows the Polygon exchange supply has seen a sharp spike recently, something that could lead to a further downtrend for the asset. Polygon Exchange Supply Rises As Whale Makes 60 Million MATIC Deposit According to data from the…
Polygon (MATIC) Continues To Plunge; Why Are The Bears Still Dominant?
Polygon (MATIC) is below the $1 mark today as the bears continue to pressure its price. From April 19, 2023, it moved into a downtrend gradually to its current price level of $0.966 today. The recent price volatility and decline experienced by…
Pepe Coin’s Mega Rise Pinned To This Smart Contract Fix
Pepe Coin (PEPE) is soaring and has become one of the most popular meme coins behind Dogecoin and Shiba Inu. However, this wouldn’t have been the case if the Pepe Coin smart contract deployer had not chosen to do what was good for the project and…
Total Ethereum (ETH) Locked Hits New Highs On Increase In Deposits Over Withdrawals
Ethereum (ETH) has seen a surge in price throughout April, and this increase has corresponded with a significant milestone for Ethereum’s Layer 2 networks: the total value locked (TVL) has surpassed $10 billion as of April 14, according to…
Bitcoin Wyckoff And Elliott Wave Predict This Next Price Move
The Bitcoin (BTC) price has been trading in a range between $27,000 and $28,000 since Friday last week, with $27,800 currently being the most important resistance level to kick off a move to the upside. As recently as last Tuesday, BTC was trading…
Floki Inu Joins Binance.US And Surges By 50% As Investors Pile In
Floki Inu (FLOKI) is barking up a storm in the crypto world with news of its listing on Binance.US. As excitement grows, the value of FLOKI has surged by almost 50% in just one day, with gains of nearly 10% in the past week, making it one of the…
XRP Price Prediction: Ripple Trades Near Make-or-Breaks Levels
Ripple is consolidating above the $0.440 support against the US Dollar. XRP price could recover if it clears the $0.480 resistance zone. Ripple started a fresh decline from the $0.5380 zone against the US dollar. The price is now trading below…
Ethereum Price Signaled “Sell” And Remains At Risk of More Losses
Ethereum price is showing bearish signs below $1,920 against the US Dollar. ETH could continue to move down if it clears the $1,800 support zone. Ethereum failed to recover and stayed well below the $1,920 resistance. The price is trading below…
Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $28K
Bitcoin price is showing bearish signs below the $28,000 zone. BTC must clear $28,000 to avoid more losses in the coming sessions. Bitcoin struggled to gain pace above the $28,000 resistance zone. The price is trading below $27,800 and the 100…
Filecoin Experiences Sharp Sell-Off, Potential For Price To Drop Below $5
The bearish onslaught has taken a toll on the price of Filecoin, which slipped below the $6 mark, and the bears now have a strong foothold. On the one-day chart, Filecoin is showing consolidation with a loss of 1.1%. Over the last week, the coin…
The Bitcoin (BTC) market has faced some resistance this week, according to a report by cryptocurrency analytics firm Glassnode. The market reverted from a weekly high of over $31,000 to a low of $27,000, signaling a potential correction in the…
CELR On A 16% Bear Strike, Bulls Must Hold The Line At This Level
CELR, the official native token of Celer Network, is down badly from its previous week’s highs of $0.031, recording a disappointing -16% in today’s trade session. While several cryptocurrencies have shown price weakness, the Celer…
Standard Chartered Predicts Bitcoin Could Reach $100,000 By End of 2024
Bitcoin, the world’s most well-known cryptocurrency, has been on a wild ride over the past few years, with its price surging to new highs before crashing back down. Despite this, some experts still believe the asset could record new…
Why Bitcoin May Have Completed The “Perfect” Pullback
Bitcoin price is trading at around $27,000 per coin after failing to hold above $30,000. Crypto market sentiment would suggest that BTC is already back at lows, ready for a fresh decline. However, if a perfected TD buy setup is an indication, then…
Bitcoin ‘ESR’ Continues To Show Bullish Divergence, Will Price Follow?
Bitcoin on-chain indicator Exchange Stablecoin Ratio (ESR) has continued to show bullish divergence recently. Will the price also mimic this? Bitcoin ESR Has Continued To Sharply Ascend In Recent Weeks As explained by an analyst in a CryptoQuant…
Cardano At Risk Of Falling 8% If It Doesn’t Hold Above Key Support Line
The Cardano price surged as it broke through a critical resistance trendline on its chart, a few days ago. However, the bullish momentum was short-lived, and ADA has since lost 0.5% of its value on the daily chart. The past week saw a significant…
Solana (SOL) Rebounding After A Major Drop, Will It Recover Previous Losses?
Many investors are unsure what will happen to the Solana (SOL) price going forward after its recent 7 days decline of 13%. Will SOL make a strong comeback? Solana has emerged as one of the most popular blockchains in the cryptocurrency industry…
Crypto Analyst Explains Why XRP Will Not Fall To $0.10
XRP price is trading sideways alongside most cryptocurrencies in the market today. The coin had been trading above $0.5 until April 21, when a bearish wave pushed it below $0.45 to $0.43. The token has witnessed a slight recovery above $0.46 today…
Losses Dominate Crypto Over The Weekend, Has The Bear Market Returned?
The crypto market was hit hard during the weekend as prices from Bitcoin to altcoins fell rapidly. During this time, there was also a decline in the trading volume and momentum in the market, which was partly responsible for the losses recorded…
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