Bitcoin price earlier today broke below $11,500 and within hours slid below $11,400 momentarily. Currently, the leading cryptocurrency by market cap is trying to find support at the critical level. But why is this level so important for bulls to maintain? And if this level is lost, where may targets lie below? Bitcoin Falls Below…
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XRP has been facing some weakness throughout the past several days and weeks, with buyers being unable to propel it above the key $0.30 region. Despite this short-term weakness, analysts believe that its mid-term outlook is incredibly bright. One trader is now noting that he is expecting the cryptocurrency’s price to see a major upswing…
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Bitcoin price just broke below $11,500 briefly, dragging the rest of the crypto market down with it. Since last evening’s daily candle close, the crypto market has lost over $8 billion in value. Is this the start of a greater market correction, or is this yet another opportunity to buy the dip? Bitcoin Falls Below…
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Equilibrium will bring their new governance token to the Polkadot network, incentivizing holders to participate in a token swap that will open the cross-chain DeFi platform’s rich features to an even wider user base. Equilibrium, the team behind the largest EOS-based stablecoin, is announcing that its governance token NUT (Native Utility Token) will be extended…
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One of the year’s most profitable decentralized finance tokens, LEND, is not just about the hype. The 24th-largest cryptocurrency gained more value in the first two days of this week, as its price surged by more than 40 percent. As of Tuesday, the LEND/USD exchange rate was trading at $0.786, its highest level to this…
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Much of Bitcoin’s short-term market bias now hinge on the outcome of the virtual Jackson Hole meeting at the end of this week. The benchmark cryptocurrency showed signs of weakness ahead of the event. It fell by close to 1.5 percent during the early London trading session Tuesday after setting an intraday top at $11,823…
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Following the leads of Bitcoin and Ethereum, XRP has stalled in the past 24 hours after a short push higher. The altcoin has flatlined around $0.285 over the past day, consolidating under the pivotal $0.30 resistance. Despite the consolidation and the medium-term pullback from last week’s local highs, the asset’s on-chain and technical outlook remains…
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Ethereum gained bullish momentum above the $400 resistance against the US Dollar. ETH price is currently consolidating above $400 and it is likely to climb above $410. Ethereum is following a positive path above the $398 and $400 support levels. The price climbed to a new weekly high near $411 and settled above the 100…
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Bitcoin has begun to move higher after a crushing correction towards the end of last week. As of this article’s writing, the leading cryptocurrency trades for $11,750, around 3% higher than last week’s lows and around 5.5% below last week’s highs. According to most analysts, Bitcoin is in no man’s land. It is safely trading…
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Bitcoin price is up well over 60% year-to-date, and has recovered 200% from the Black Thursday low. The cryptocurrency broke free from downtrend resistance, and all signs point to a new uptrend well underway. However, assets never move up in a straight line, and corrections are often healthy for long-term growth. A near-perfect top-sniping indicator…
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