Ethereum is back in the spotlight after surging as high as $195 in the last 24 hours. The bullish impulse saw more than 220,000 addresses that had a balance in Ether go to zero, based on IntoTheBlock’s “Daily Active Addresses” model. The selling pressure has been so significant that the drop in addresses nearly outpaced…
DetailsBull and bears are constantly battling it out on cryptocurrency exchanges and trading platforms, hoping to push Bitcoin price higher or lower, and profit immensely from whatever trades they make or positions they take. But their strategies can be easily clouded by their own bullish or bearish bias. Using just one trend line only across…
DetailsCryptocurrency investors were quite disturbed to see Bitcoin trade as a firmly risk-on asset when it closely mirrored the weakness seen by the traditional markets as investors began to understand the depth of the Coronavirus pandemic’s implications. Bitcoin’s weakness reached a boiling point in early-March, when the poor performance seen by the S&P 500 and…
DetailsBitcoin is up more than 5% and it broke the key $7,500 resistance against the US Dollar. BTC is now approaching a major hurdle near $8,000 and the 100-day simple moving average. Bitcoin is gaining bullish momentum above $7,000 and $7,200 against the US Dollar. The price is likely to face a strong resistance near…
DetailsEthereum is gaining bullish momentum above $185 against the US Dollar. ETH is following bitcoin and it is likely to start a parabolic rally if it clears the $200 resistance. Ethereum is trading in a strong uptrend above the $182 and $178 support levels. The price is likely to surpass the $195 and $200 resistance…
DetailsRipple is showing positive signs above the key $0.1920 resistance area against the US Dollar. XRP price is likely to continue higher towards the $0.2050 and $0.2120 resistance levels. Ripple price is gaining bullish momentum above the $0.1920 resistance against the US dollar. The bulls are aiming a larger rally towards the $0.2120 and $0.2200…
DetailsThe entire crypto market saw a notable upswing today that was driven by Bitcoin’s sharp movement up to highs of $7,800 earlier this morning. This has led most major altcoins to push higher, with the aggregated market’s strength continuing to grow. In the time following this movement, Bitcoin’s price has settled back below $7500 –…
DetailsThe aggregated crypto market saw a notable upswing today that was first sparked when Bitcoin rallied from the lower-$7,000 region to highs of $7,800, leading Tezos and other altcoins to surge higher. This movement marked a bullish resolution to an extended bout of consolidation seen by the market when the benchmark cryptocurrency formed a relatively…
DetailsBitcoin price just exploded, setting a new higher high following last month’s plummet to below $4,000. Is this the start of a new bull market as the halving looms closer? Weekly candlesticks suggest that an explosive impulse upward is likely to occur, potentially making for the perfect pre-halving set up for a massive rally. Bitcoin…
DetailsXRP continues to disappoint its investors and community, by being unable to sustain anything resembling a rally over the course of the last year. Prior to that, each short-lived rally was sold down by Ripple themselves, further crushing any hope for positive momentum. But now, a massive surge in volume after XRP exploded out of…
Details
