Altcoins are blowing up across the crypto market, for the first time in what feels like forever. The rallies are reminiscent of the cryptocurrency bubble of 2017 and could be a sign that a new bull market is forming. However, one analyst says that the current rally is mere “target practice,” for the full-scale bull…
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Bitcoin price is at a critical moment in its market cycle. And although it’s been said dozens of times before, the next move could choose the trend direction for months to come. At this very moment, the asset is testing a level that in the past, rejection has caused a 40% drop on average. Will…
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Bitcoin has been uncharacteristically stagnant for over two full months now. The trading range has been tightening, which has led to record low levels of volatility in the otherwise volatile asset. But the low volatility taking place currently has reached a level that kicked off an explosive uptrend in April 2019. Will the leading cryptocurrency…
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Ethereum is beginning to flash some signs of strength as it pushes up against the upper boundary of its long-established trading range between $230 and $250. If it can surmount the resistance it is currently facing, it is a strong possibility that it will soon set fresh post-March highs. Analysts are growing increasingly optimistic regarding…
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Forget Bitcoin and Ethereum, Dogecoin (DOGE) has been on an absolute tear over the past few days. Just look at the chart below, which shows that the meme cryptocurrency is up more than 150% in the past three days. As of the time of this article’s writing, it’s trading at $0.048, but set a local…
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One of the so-called “Ethereum killers,” Cardano has made it to the headlines of the cryptocurrency market after the 80% bull run it has seen over the past week. The increasing buying pressure behind it seems to be fueled by the progress the IOHK team has made to finally roll-out the Shelley upgrade. Chart of…
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It isn’t only Cardano, Chainlink, and DeFi coins that are rallying at the moment. VeChain (VET), one of the hottest crypto properties of the last bubble, is up 20% in the past hour alone. Stepping back slightly, the asset’s performance is even more impressive. As depicted in the chart below, VET is up by more…
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Bitcoin is flashing some signs of strength as it pushes towards $9,400. This marks a break above the resistance it has faced at $9,300 over the past week. Although BTC has only climbed slightly today, buyers appear to be in firm control of the aggregated cryptocurrency market. Many altcoins are now finding themselves caught within…
DetailsSingaporean crypto derivatives exchange Bybit has announced that it will soon launch a bi-annual trading competition with a 200 BTC ($1.8 million) prize pool. Dubbed the “World Series of Trading” or WSOT, the contest lays claim to being the world’s largest cryptocurrency trading competition. The inaugural event will take place in August. Bybit is building…
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Chainlink (LINK) is once again entering another parabolic uptrend, with this one coming about in tandem with the surge seen across the aggregated crypto market. The cryptocurrency’s intense uptrend has allowed it to set fresh all-time highs and comes as many other tokens also flash signs of strength. LINK now appears to be entering what…
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