Bitcoin price gained nearly 5% and it tested the $12,500 resistance against the US Dollar. BTC is currently correcting gains, but technicals suggest more upsides above $12,500. Bitcoin broke the main $12,000 resistance area to start a strong upward move. The price traded close to the $12,500 resistance and it is currently correcting gains. There…
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Bitcoin price has just today set a new high for 2020 and is showing no signs of slowing down. However, as greed reaches extreme levels and ROI is stacking across the board, could the cryptocurrency see a surprise correction? According to a chart that first debuted around Black Thursday, this latest high will result in…
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The crypto market has been caught in the throes of an incredibly strong uptrend ever since it bottomed in mid-March. The decline seen at this time was intense, with Bitcoin plunging to lows of $3,800 while Ethereum set lows within the sub-$100 region. The intensity of this downturn came about due to a cascade of…
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Tezos has seen some strong price action in recent weeks, with the cryptocurrency pushing as high as $4.40 earlier today before hitting some heavy resistance that slowed its ascent. Despite this strength, the crypto may be in a precarious position due to its inability to take out its weekly pivot against its Bitcoin trading pair.…
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Chainlink (LINK) has finally undergone some price weakness after a record-setting rally. The asset plunged 20% in the span of 30 minutes according to data from TradingView.com. The asset moved from just shy of its local highs at around $18.80 to a low of $14.50 in the span of that 30 minutes. The data suggests…
DetailsBitcoin is pressing higher after consolidating under $12,000 for two weeks. The asset trades at $12,400 as of this article’s writing, having broken above important resistance levels. BTC remains below critical long-term resistances at $14,000, but analysts are expecting the start of a macro bull run. They cite a confluence of fundamental, on-chain, and technical…
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Tron founder and CEO Justin Sun was spotted on Twitter today, promoting a decentralized exchange for liquidity pooling akin to Uniswap and other DeFi platforms that have been booming recently. Is this yet another attempt by the altcoin’s backer to tap into the latest trend, or is this simply meeting market demand with the services…
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Qtum has just launched one of the biggest DeFi development funds to date. $1M has been allocated initially by the Quantum Foundation but Qtum founder Patrick Dai has said that as much as $5M may eventually be assigned to DeFi devs. The fund has been designed for solo developers and teams interested in creating scalable…
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Bitcoin is up over 70% year to date and its recent break through resistance at $10,000 helped propel altcoins toward even stronger ROI. Several altcoins are up well over a few hundred percent, beating out the first-ever cryptocurrency by a wide margin. This all could soon reverse according to a handful of signals on BTC…
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XRP is currently pushing higher alongside Bitcoin and the rest of the cryptocurrency market. The digital asset has been struggling to break above the resistance that exists between $0.30 and $0.33, but it now appears that bulls are vying to push it past this key region. Where it trends next may largely depend on whether…
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