Ethereum is slowly rising and trading above the $460 resistance against the US Dollar. ETH price is likely to rally towards $495 or $500 if it clears the $470 resistance zone. Ethereum is showing positive signs above the $450 and $455 support levels. The price is currently trading above the $460 resistance and well above…
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Bitcoin price is facing a strong resistance near $15,500 and $15,600 against the US Dollar. BTC could clear the $15,500 resistance unless there is a clear break below the 100 hourly SMA. Bitcoin is facing a strong barrier near the $15,500 and $15,600 resistance levels. The price is currently holding the $15,200 support and the…
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Even after the recent rally, the prices of top DeFi coins are down massively since the summer highs. Data from CoinGecko indicates that the average DeFi coin has dropped by approximately 60-70% from their summer highs, underperforming Bitcoin massively. This comes in spite of the fact that the total value locked in DeFi contracts has…
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Bitcoin has seen some immense volatility throughout the past few days, rallying to highs of $15,800 just over a day ago before facing a sudden influx of selling pressure that sent its price plunging to lows of $14,800. This $1,000 movement wiped out over-leveraged positions from both bulls and bears and has resulted in the…
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Ethereum spent the summer months easily outperforming Bitcoin, but that trend reversed as soon as the fall months hit. The change in tune towards the DeFi trend helped take the second-ranked cryptocurrency down to retest resistance turned support. The bullish retest has since held, and it could take the altcoin back to retest highs on…
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Aave (AAVE) has rapidly become one of the best-performing crypto-assets over the past few days. From its lows set late last week, the coin has gained approximately 150%, rallying from $27 to $67 as of this article’s writing. AAVE is currently the best-performing crypto-asset in the top 100 by market capitalization. The coin trades up…
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Uniswap’s UNI governance token has been rocketing higher alongside the aggregated DeFi sector throughout the past few days, once again surmounting $3.00 as buyers aim at it seeing further upside in the mid-term. The cryptocurrency is one of the DeFi “blue-chips” that has been seeing immense momentum as of late and is widely viewed as…
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Yearn.finance’s YFI has been caught within the throes of an intense uptrend throughout the past few days, with its recent lows of $7,500 looking more and more like a long-term bottom as money keeps flowing into the altcoin market. In particular, DeFi tokens have seen immense strength throughout the past few days, with the blue-chip…
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Bitcoin price is gaining in momentum, tracking along well with the many scarcity-based valuations models that exist. These theories all believe that the cryptocurrency’s block reward halving kicks off a markup phase of epic proportions. Currently, there are only two previous samples to go by, each where the asset explodes in ROI post-halving. At present,…
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Bitcoin has settled into a consolidation range following its significant climb since the start of October. However, increasing sell pressure has many analysts calling for a sharp correction in the near term if $15k fails to hold. Currently, the price of Bitcoin is down 1% in the last 24-hours to $15.3k. Source: BTCUSDT on TradingView.com…
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