Bitcoin and the entire cryptocurrency market have been seeing some rather mixed price action in recent weeks. Although the benchmark digital asset currently remains caught within a prolonged consolidation phase within the upper-$11,000 region, it has been facing multiple rejections at $12,000 that have hampered its near-term outlook. The latest rejection at this level took…
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Ethereum has been on a remarkable rally over the past few weeks. Since the start of July, when the asset was trading closer to ~$220, ETH has literally doubled. It trades just shy of $440 as of this article’s writing, flat in the past 24 hours. Although some see this move as an impulsive surge…
DetailsThe global crypto trading giant OKEx has announced the implementation of OKEx Oracle, a secure signed price feed that serves as a source of reliable on-chain crypto prices for DeFi projects. By making OKEx Oracle available as an API that doesn’t necessitate users to be the platform’s customer, the highly liquid global exchange provides developers…
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Bitcoin is trading in a bullish zone above the $11,650 level against the US Dollar. BTC is likely to accelerate higher once it clears the key $12,050 resistance zone. Bitcoin is gaining bullish momentum and it is approaching the $12,000 resistance zone. The price is forming a strong support near the $11,650 level and the…
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EOS price started a strong increase after it broke the $3.300 resistance zone against the US Dollar. A new monthly high is formed near $3.871 and it seems like there are chances of more upsides. EOS formed a strong support base above $3.000 and rallied over 10% in the past few hours. The price settled…
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XRP has been hovering around the $0.30 region for the past couple of days, with its price breaking back above this level after an extended bout of trading beneath it. The cryptocurrency’s price action in recent weeks has been somewhat mixed, with its rally from the lower-$0.20 being a sign of overt strength, while the…
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EOS has surged 15% in the past 24 hours, making it one of the best-performing cryptocurrencies in the top 20 aside from Chainlink. The cryptocurrency, with this latest rally, is reaching multi-week highs. While the ongoing move is still nascent, analysts think that EOS has fuel to surge even higher in the weeks ahead. The…
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Bitcoin has done extremely well over the past few weeks. Since the start of July, the leading cryptocurrency has gained approximately 30% against the dollar, outperforming a majority of other macro assets. In rallying 30%, BTC has decisively flipped $10,500 into a level of support. To some commentators, this was the one level that Bitcoin…
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Chainlink (LINK) is exploding higher once again. In the past 24 hours, the leading altcoin has surged 12.33% against the U.S. dollar, outperforming Bitcoin’s 0.5% performance. At the $19.00 price that LINK is trading at, the cryptocurrency is at an all-time high. This is the latest high in series of higher highs set over recent…
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Bitcoin’s multi-week consolidation phase comes close on the heels of the strong uptrend that the cryptocurrency was able to post late last month. Despite its macro outlook remaining incredibly strong, it appears that Bitcoin’s short-term outlook is being impeded by the heavy resistance at $12,000. Buyers attempted to shatter this level yesterday, although the selling…
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