It’s been an explosive past few days for Ethereum. After consolidating under $400 for a number of days, the leading cryptocurrency shot higher on Thursday and then continued its ascent into Friday. As of this article’s writing, ETH is up 12% in the past 24 hours. It trades at $444, surging decisively past the previous…
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XRP has been seeing mixed price action in recent weeks. The cryptocurrency was able to post some massive gains just a couple of weeks ago, but its momentum has since stalled after it faced a firm rejection at $0.33. From the point forward, the crypto has been drifting lower ever since, eventually tapping lows of…
DetailsThe crypto market has taken a strange turn in recent weeks. What started out as a perfectly sustainable trend of rapidly growing DeFi projects, has turned into a weird world of worthless assets. Rather than new money coming in, as one economist points out, it is crypto insiders who know better that are buying these…
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Bitcoin has broken out from downtrend resistance and appears to be poised for a new uptrend. Market conditions change dramatically when a switch from bear to bull occurs, and a “buy the dip” strategy is often the most effective. For investors and traders unsure of how to do that, history shows that one specific level…
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Bitcoin is once again trading within the upper-$11,000 region. This is where its price has found immense stability throughout the past couple of weeks. The cryptocurrency’s sideways trading has led it to oscillate between $11,200 and $12,000 – with these two levels marking the upper and lower boundaries of a trading range formed over the…
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Kyber Network’s native token KNC appreciated enormously on Friday, with its price hitting $2 for the first time since May 2018. The 41nd-largest cryptocurrency market cap surged 20 percent in the last 24 hours. The gains appeared without any real fundamental catalysts, pointing to more considerable price speculation among daytraders who rely on chart signals.…
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The CEO of Ripple, Brad Garlinghouse, has re-established his commitment to cross-border payment solutions by saying the firm has no plans to change tack. Garlinghouse claims the company is already making great strides in capturing the $10 trillion cross-border payments market. With that, he sees no need to pursue other ventures. “Ripple has absolutely no…
DetailsMatic Network (MATIC), a popular altcoin, has surged 9% in the past 24 hours. The asset’s strong price performance comes in spite of Bitcoin and Ethereum stagnating, giving altcoins the opportunity to break higher. While the ongoing move is nascent, analysts are optimistic about MATIC’s long-term price prospects. These analysts cite technical factors and the…
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Ethereum (Symbol: ETHBTC) could surge by another 50 percent as its price tests a long-term weekly resistance level. That is, according to Teddy Cleps, a crypto-focused market analyst-cum-daytrader. He spotted ETHBTC inching towards a price ceiling that had historically capped the pair from extending its upside moves. The level also served as strong support during…
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Bitcoin price remained well bid above $11,400 and it broke the key $11,600 barrier against the US Dollar. BTC is now trading above the 100 hourly SMA and it could continue to grind higher. Bitcoin is back in a positive zone above the $11,500 and $11,600 resistance levels. The price settled nicely above the 100…
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