Polkadot’s DOT remained strong above the $25.00 support zone against the US Dollar. It is now trading nicely above $28.00 and it may soon surpass the $30.00 resistance zone. DOT started a fresh increase after a minor correction towards the $25.00 support against the US dollar. The price is trading nicely above the $28.00 support…
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Ethereum managed to remain stable above $1,750 against the US Dollar. ETH price is now eyeing an upside break above the $1,850 and $1,880 resistance levels. Ethereum started a fresh increase after trading towards the $1,650 support zone. The price is now trading well above $1,750 and the 100 hourly simple moving average. There is…
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Bitcoin price recovered nicely after diving towards the $46,000 zone against the US Dollar. BTC is eyeing a fresh increase above $49,000 and it may even test the $50,000 barrier. Bitcoin started a fresh increase after correcting lower to $45,700. The price is trading above the $47,000 support, but it is below the 100 hourly…
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Bitcoin price has been trending upward for months, but the general consensus amongst crypto investors is that the point of no return hasn’t been reached yet, so there’s still plenty of time to get into position for the next move up. Overly eager long traders, however, had their hearts broken when $1.9 billion in positions…
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Bitcoin dipped on Monday after hitting a new record high in the previous session, pointing to a spike in profit-taking sentiment among daytraders. The analogy was visible in the statistics shared by an independent analyst on Twitter. The pseudonymous entity noted an 11.5 percent a 12 percent decline in the number of newly-created and active…
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An early session slipover in the SushiSwap’s SUSHI market turned into a buying opportunity for traders that were seeking safety against a dwindling cryptocurrency market this Monday. The SUSHI/USD exchange rate climbed by more than 24 percent from its intraday low of $12.80. Traders spotted upside opportunities in the pair as its relative strength indicator…
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Imagine a huge company creating a public blockchain project, for a real-world use case, which is guaranteed to get a strong userbase from day-one with a lot of room for others to adopt and join the crowd. Now, if this project is created in a place where crypto adoption is on the verge of hitting…
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The popular emerging DeFi token, YFBTC has recently announced the launch of its yield farming program enabling Bitcoin hodlers to farm additional returns. The program also allows users holding wBTC & renBTC providing LP on UniSwap to gain additional farming yields through YFBTC.net. YFBTC is an alternative DeFi token to BTC, which is designed to…
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Cardano’s price traded to a new multi-month high at $0.9860 before correcting lower. ADA declined over 20%, but it is likely to remain well bid near the $0.7000 level. ADA started a strong surge and climbed above $0.9000 before correcting lower against the US dollar. The price is still trading well above $0.7000 and the…
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Ethereum started a sharp decline after it failed to surpass the $1,850 resistance against the US Dollar. ETH price tested $1,660 and it is currently facing hurdles near $1,760. Ethereum started a strong downside correction from the $1,850 and $1,860 resistance levels. The price is now trading well below $1,800 and the 100 hourly simple…
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