A bullish technical indicator in the bitcoin market flashed for the first time since December 2019. The tool studies the behavior of bitcoin producers – the miners – to identify potential price tops and bottoms. It now indicates that bitcoin price has bottomed out near $3,800 in March 2020. A black swan event in March…
DetailsTezos failed to retest its all-time high after finding sellers near its local top. The XTZ-to-dollar exchange rate corrected downwards by more than 9 percent after logging four consecutive bullish sessions. It is now eyeing a deeper pullback but could resume its uptrend owing to macro cryptocurrency market narrative. Tezos (XTZ) was going to establish…
DetailsDigitex Futures, the zero-fee trading platform that runs on its own DGTX token, has today opened the doors of its mainnet platform. The launch comes as the first step of a phased onboarding approach, with an initial group of 20 traders being granted access. The company plans to onboard more users in phases over the…
DetailsBitcoin‘s halving is in less than three weeks away, and the biggest event in crypto has everyone talking and speculating once again. But while things are potentially looking bullish for Bitcoin, altcoins could get crushed during the explosive volatility expected when the BTC block reward halves in just a couple short weeks from now. Here’s…
DetailsBitcoin price has been in a downtrend for nearly two years now, with only a short-lived rally in Q2 2019 giving crypto investors a break from the bear market. However, a long-term momentum indicator is about to flip bullish on Bitcoin price charts, and it could signal that a major trend change is about to…
DetailsMore than $80 billion have been injected in the cryptocurrency market over the past month. The substantial inflow of capital allowed most digital assets to recover the losses incurred during the Mar. 12 crash. However, a well-known technical index among institutional investors suggests that a retracement is underway. Bitcoin current chart thoughts. Have had a…
DetailsXRP is yet another cryptocurrency that has been relatively stagnant. But just like another altcoin that is very closely related to the number three ranked crypto asset that recently saw a strong surge in price, a repeating fractal on XRPUSD price charts could point to a redemption rally and the start of a new uptrend.…
DetailsDespite being one of the most bullish cryptocurrencies from a macro-perspective, Chainlink has seen an intense decline today that has led it to plummet by over 6%. Today’s downturn marks an extension of that which was first incurred a couple of days ago when LINK tapped highs of nearly $4.00. The strong resistance at this…
DetailsBitcoin’s rebound from its mid-March lows has led the cryptocurrency to climb up towards $8,000 – a price point that is proving to be a major resistance level for BTC. This resistance has led the crypto to face multiple harsh rejections here, although buyers have remained largely unphased due to the strength of this recent…
DetailsXRP has been struggling to garner any notable momentum in recent times, with the latest market-wide uptrend leading the embattled cryptocurrency up to its near-term resistance at $0.20 – a level that it has failed to surmount since mid-February. The crypto is continuing to show some signs of weakness as it hovers just below this…
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