Bitcoin is gaining momentum and it recently crossed $12,000 against the US Dollar. BTC is showing positive signs and it is likely to continue higher towards $12,400. Bitcoin is trading in a nice uptrend above the $11,800 and $12,000 levels. The price traded to a new monthly high at $12,084 and it is currently well…
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Chainlink (LINK) rallied close to $14.500 before starting a downside correction against the US Dollar. It is currently holding the $12.500 and it seems to be aligning for more gains above $15.000. Chainlink token price is trading in a strong uptrend above $12.500 and $13.000 against the US dollar. The price is likely to accelerate…
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Multiple decentralized finance (DeFi) focused cryptocurrencies have seen parabolic performances in the past few days. This comes in spite of the fact that Bitcoin finally broke out on Monday morning, surging from the $11,700 it was holding at to $12,100 in a rapid rally. Analysts expect this interest in coins like Band Protocol (BAND), Balancer…
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Ethereum has been hovering around the $390 region throughout the past several days and weeks, struggling to break above $400 due to the heavy selling pressure that has been established at this price level. The cryptocurrency has formed an incredibly tight correlation to Bitcoin, which is currently trading within the upper-$11,000 region. Analysts are noting…
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Tezos (XTZ) is breaking out despite stagnation in the prices of Bitcoin, Ethereum, and other leading major cryptocurrencies. The price of the community-favorite altcoin is up 10% in the past 24 hours, surmounting a pivotal resistance in the $3.40 region. Tezos’ ongoing breakout is convincing many analysts that more upside is in the works. Traders…
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XRP over the last month had some of the strongest week over week performance in the space. The third-ranked altcoin rallied by as much as 45% in one week, outperforming the rest of the entire crypto market. The asset often referred to as Ripple beating all other altcoins is the perfect underdog story after spending…
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Bitcoin’s price has been caught within a strong uptrend throughout the past several weeks, although this momentum is showing some signs of stalling as the cryptocurrency consolidates within the upper-$11,000 region. Analysts are now noting that BTC may soon see a strong uptrend due to inflows of capital from retail traders who are just entering…
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Bitcoin has stagnated in the mid-$11,000s over the past few days despite a surge in the value of altcoins. As of the time of this article’s writing, the leading cryptocurrency is trading for $11,700. Although this is a price higher than it was at last week’s candle close, there are some that do not believe…
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Disregarding the ongoing consolidation, Bitcoin has seen an explosive price performance in the past two weeks. In that time frame, the leading cryptocurrency has gained approximately 25.8%. While this latest move higher brought the cryptocurrency above critical resistance levels in the $10,500 range. $10,500 acted as a point at which three separate Bitcoin rallies topped,…
DetailsEarlier this week, the leading cryptocurrency spot and derivatives exchange platform OKEx announced the listing of Xensor (XSR), a futuristic project designed to meet the requirements of smart cities by integrating IoT with blockchain technology. As a part of the listing, OKEx opened XSR deposits on August 4, 2020, followed by spot trading against USDT…
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