Ethereum started a downside correction from the $248-$250 resistance zone against the US Dollar. ETH could extend its decline, but it must stay above $230 for hopes of a fresh increase. Ethereum is correcting lower and trading near the $235 support zone. The price is now trading below the $242 pivot level and the 100…
DetailsOKEx is known for its constant innovation and introduction of new features. One of the latest developments is the listing of the Compound project’s COMP token which is also available for Spot trading, Margin Trading and Savings and Perpetual Swap Trading. In a recent interview, CEO of OKEx Jay Hao explained how the Compound protocol…
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Ripple traded to a new monthly high at $0.2118 against the US Dollar. XRP price is currently correcting lower, but dips remain well supported near $0.1980 and the 100 hourly SMA. Ripple started a downside correction after trading as high as $0.2118 against the US dollar. The price is currently testing the $0.2000 support and…
DetailsAltcoins have been all the rage over recent weeks, rallying dozens of percent as Bitcoin has stalled in the $9,000s. No better has this been exemplified than in BTC dominance — the percentage of the cryptocurrency market made up by BTC. The metric was recently rejected at an important trendline, analysts say, signaling an impending…
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Bitcoin started a downside correction after it was rejected near $9,500 against the US Dollar. BTC is now trading near the main $9,200 support and it could either start a fresh increase or dive to $9,000. Bitcoin is correcting lower and approaching the $9,200 and $9,180 support levels. The price is currently trading below the…
DetailsA new report from Reuters is claiming that the crypto trading platform Coinbase is in the process of filing for a direct listing in the U.S. markets. The potential listing remains in its early stages, and the company has yet to be approved by the Securities and Exchange Commission for a public listing. If this…
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Bitcoin has rebounded strongly since the capitulation lows seen in March. Since March 13th, in fact, the cryptocurrency has gained in excess of 150%, having rallied from $3,700 to $9,250. With this, many have been certain that BTC is back in a bull market. According to a trader, this is technically not the case. But…
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Chainlink set a new all-time high and has gone parabolic. Dogecoin has gone viral. Even XRP is pumping. The crypto space is clamoring that altcoin season is finally here. However, sell signals appearing on the price charts of numerous alts suggest otherwise. Is alt season already over before it officially began? Altcoin Season Explained Bitcoin…
DetailsTether is about as controversial as it gets when it comes to the crypto space. But the negative stigma over the last year has begun to shed. But there are a few facts about the stablecoin that many crypto investors may not know, and should take note of. Expanding Use Case, Surging Demand Behind Rapid…
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Bitcoin price is once again flirting with resistance above $10,000 but has yet to penetrate and hold above the key level. This latest visit has resulted in a lower high. Unless the cryptocurrency can get through and set a new local peak, the asset is at risk of setting a new lower low. It could…
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