Ripple is attempting an upside break above the $0.365 resistance zone against the US Dollar. XRP price could fail to gain pace if it stays below the $0.3720 resistance. Ripple is currently recovering above the $0.355 resistance zone against the US dollar. The price is now trading near $0.360 and the 100 simple moving average…
Bitcoin price is still attempting an upside break above $17,000. BTC could gain bullish momentum if there is a daily close above the $17,000 and $17,200 resistance levels. Bitcoin is again attempting an upside break above the $17,000 and $17,200 levels. The price is trading above $16,750 and the 100 hourly simple moving average. There…
Bitcoin volatility has been on a decline since the start of December. This has been a culmination of both low interest from investors, as well as the declining prices of digital assets in the market. It has not led bitcoin to record its lowest volatility level on record yet. Bitcoin At All-Time Low Volatility Will…
The on-chain data for the stablecoin redemptions during the recent price plunge could suggest there aren’t many Bitcoin holders selling anymore. Stablecoin Redeem Count Has Remained Low Recently As pointed out by an analyst in a CryptoQuant post, large stablecoin redemptions have usually accompanied major declines in the Bitcoin price during this bear market. A…
Litecoin (LTC) emerged as the top gainer over Christmas Day with an impressive performance. This put it ahead of market leaders such as bitcoin and ethereum in terms of performance, solidifying its position as the market leader through the first half of the holidays. Litecoin Tops List Of Gainers Over the last 24 hours, Litecoin…
On-chain data shows small Bitcoin holders have accumulated recently while whale holdings have decreased, a sign that may be bullish in the long term. Bitcoin Investors With 0-1,000 Coins Have Increased Their Holdings Recently As a Twitter user has pointed out using data from Santiment, holders with wallet amounts in the 0-1,000 coins range have…
It has been a roller coaster ride for crypto investors this 2022. This month, total crypto market capitalization fell from around $2.2 trillion at the start of the year to approximately $850 billion. Several high-profile bankruptcies this year exacerbated the precipitous decline in valuation. The market for cryptocurrencies is still consolidating, with the majority of assets…
Litecoin price remained well bid above the $60 support zone against the US Dollar. LTC is rising and might attempt a fresh rally above the $70 level. Litecoin started a fresh decline below $80 support against the US Dollar. The price is now trading below $70 and the 100 simple moving average (4-hours). There is…
Optimism blockchain network has recently noticed an enormous uptick in both USDC and USDT transactions which have eclipsed $1 billion. What seems to have caught people’s attention is the fact that the Optimism chain seems to be unrivaled and unmoved by the chaos happening in the crypto space. This is now tagged as an unusual…
Ethereum is consolidating below the $1,230 resistance against the US Dollar. ETH could start a steady increase if it clears the $1,230 and $1,250 resistance levels. Ethereum is slowly moving higher from the $1,190 support zone. The price is now trading above $1,210 and the 100 hourly simple moving average. There was a break above…
