Bitcoin price action has been positive over the last few weeks, following the Black Thursday collapse last month. Crypto investors have been breathing a sigh of relief that a higher low was set just ahead of the halving. However, could an unusual astrological event coming this June cause another collapse of a similar magnitude? The…
DetailsEthereum has seen some immense bullishness today against Bitcoin, with the cryptocurrency firmly outperforming its peers as its buyers vie to shatter the resistance that has been firmly established around $198. This latest upside movement comes close on the heels of ETH’s recent rejection at this level, and its ability to rally while BTC consolidates…
DetailsTezos’ founders, Arthur and Kathleen Breitman, have been in the center of controversy after hinting that they could be stepping away from the project. Arthur’s recent exclusion from the Tezos Technical Advisory Committee and Kathleen’s disinterest in running her upcoming blockchain-game on top of this protocol set off the alerts among XTZ’s supporters. While emotions…
DetailsMany investors and analysts have been pointing to Bitcoin’s upcoming mining rewards halving event as a reason for why the benchmark cryptocurrency is fundamentally bullish, and it certainly is a positive event from a long-term perspective. There are other key data metrics that support the theory that BTC is fundamentally strong – and maybe even…
DetailsBitcoin has seen some lackluster price action throughout the past few days, generally finding itself caught within a bout of sideways trading within the mid-$7,000 region as bulls struggle to surmount the heavy resistance that has been laced throughout the upper-$7,000 region. It now appears that bulls are close to turning the tides firmly back…
DetailsAfter trading below $7.800 for days on end, Bitcoin attempted a run at the level just minutes ago. At first, it seemed like the cryptocurrency had a chance, rallying from $7,770 to $7,870 — a gain of approximately 1.2% — within the span of two minutes. Chart from TradingView.com Unfortunately for bulls, as fast as…
DetailsBitcoin is showing bullish signs above the $7,700 level against the US Dollar. BTC could start a strong pre-halving rally if it breaks the $8,000 resistance and the 100-day simple moving average. Bitcoin is following a positive path above the $7,500 pivot level against the US Dollar. The price is now facing a major hurdle…
DetailsEthereum, like most of its peers, has incurred a slight amount of selling pressure today that has led it to decline from highs of just under $200 that were set yesterday. This tempered move lower comes as the crypto is caught within a firm mid-term uptrend. It does appear that this uptrend may be short-lived,…
DetailsBitcoin is struggling to surpass the $7,800 resistance area against the US Dollar. It seems like BTC price could dip towards $7,600 or $7,400 before a fresh rally towards $8,000. Bitcoin made two attempts to clear the $7,800 hurdle against the US Dollar, but it failed. The price is showing a few bearish signs and…
DetailsEthereum is following a short term declining pattern from the $198 resistance against the US Dollar. ETH could spike towards the $188 or $185 support before it rallies above $200. Ethereum is slowly moving lower after it failed to surpass the $198 and $200 resistance levels. The price is currently trading near the $192 support…
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