Ethereum started a downside correction below the $460 support level against the US Dollar. ETH price is now trading below $450 and it remains at a risk of more downsides. Ethereum is showing a few bearish signs below the $460 and $455 support levels. The price is now trading well below $460 level the 100…
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DeFi Despite positive technological developments, the decentralized finance (DeFi) space is still rife with hacks and exploits. This much was made clear just recently, when $7 million was siphoned out of a cryptocurrency vault based on Ethereum. While many users have been adversely affected by this exploit, the unknown attack did make a move to…
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Bitcoin price started a downside correction from well above $16,200 against the US Dollar. BTC is likely to accelerate losses if there is a clear break below the $15,800 support. Bitcoin failed to stay above the $16,200 support and extended its decline. The price is currently trading below $16,000 and the 100 hourly simple moving…
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Ethereum currently trades for $450 as of this article’s writing, stuck in a short-term range with DeFi coins as Bitcoin has entered a phase of consolidation. Analysts are optimistic about the leading cryptocurrency due to technical signs indicating it may run back toward the highs. Bitcoin is also seen as bullish by many analysts, who…
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Bitcoin has begun to slide lower over the past few days as selling pressure has tapered off at the $16,500 highs. The leading cryptocurrency currently trades for $15,900, a few percent below those highs but still situated above key support levels. Analysts remain optimistic despite the downward-sloping price action. One trader says that if the…
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Yearn.finance’s YFI governance token has been struggling to gain any momentum throughout the past few days and weeks, with buyers aiming at sending the cryptocurrency significantly higher. YFI’s token has been flashing immense signs of strength throughout the past few weeks, with buyers taking control of its price action after massive inflows of selling pressure…
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Bitcoin has been struggling to hold above $16,000 throughout the past couple of days, which is a somewhat grim sign Its weekly candle close is just a couple of hours away, and how it trades heading into this will likely set the tone for where it trends in the week ahead The ongoing influx of…
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It appears that the decentralized finance (DeFi) bull market has returned after a two-month hiatus. Top coins pertaining to this space have seen a rapid surge over the past few weeks as buying pressure returns to this space. Mostly, it’s been large-cap investments that have enjoyed strong rallies: Yearn.finance’s YFI, Synthetix Network Token (SNX), and…
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SushiSwap’s SUSHI token has been one of the best-performing crypto-assets of the past few days. In the past day, it has surged 30%, making it the best-performing coin in the top 100 by market capitalization. Analysts are confident that the cryptocurrency has room to grow to the upside despite it already rallying 100% higher in…
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Ethereum traded above the $450 resistance, but it is struggle near $480 against the US Dollar. ETH price is correcting gains, but it is likely to find strong bids near $440. ETH price traded to a new multi-month high near $478 against the US Dollar. The price is currently correcting lower below $465, but it…
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