A textbook bullish indicator whose last appearance in mid-February contributed to Bitcoin’s price rise to its record high has flashed again. Dubbed as MACD Bull Cross, the signal develops when the output of the difference between an asset’s 26-period and 12-period exponential coverage surges above its 9-period exponential moving average known as a signal line.…
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A DAO-governed platform that offers to users over ten revenue streams such as IPO participation, Nimbus has recently announced the launch of its Governance Token, GNBU. GNBU will be launched on the 10th of March 2021, at 12 PM GMT on their official website. This launch will help the company become a complete decentralized ecosystem…
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Gold hit its lowest levels in more than eight months on Tuesday, a day after holdings in the precious metal-backed exchange-traded funds fell by 14 tonnes, logging the biggest outflow seen in 2021. Analysts blamed signs of an economic global recovery and rising US bond yields for the said decline. That is because gold does…
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Binance coin price started a fresh rally above the $250 resistance against the USDT. BNB is gaining momentum and it is likely to clear the $300 barrier in the near term. Binance coin price started a fresh rally above the $250 and $260 resistance levels against the USDT. The price is now trading well above…
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Ethereum climbed further above the $1,800 and $1,850 resistance levels against the US Dollar. ETH price is correcting gains, but it is likely to find bids near $1,725. Ethereum extended its rise and traded to a new monthly high above $1,875. The price is now trading below $1,800, but it is still well above the…
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Bitcoin price extended its rise above the $55,000 resistance against the US Dollar. BTC is correcting lower from $55,800 and it could find bids near the $52,500 zone. Bitcoin climbed further above the $54,500 and $55,000 resistance levels. The price is now trading well above $52,500 and the 100 hourly simple moving average. There is…
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Bitcoin price is well above $50,000, but there’s no denying that some of the momentum that the asset had to start the year has been lost. Volatility lowering also could suggest that the “hype run” might have “passed” for the time being. But rather than see a sizable correction, Bitcoin price action could instead trade…
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Litecoin was among the top performers of the last bull market, but during this market cycle the cryptocurrency that once led altcoin seasons, is now lagging far behind. However, according to one crypto analyst’s take on the LTCBTC chart, the altcoin will be the next to follow in the footsteps of Dogecoin and “teleport” higher…
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Bitcoin has the potential to hit $56,000 in the coming sessions, asserted independent market analyst Josh Rager. The Blockroot.com founder said in a tweet published Tuesday that BTC/USD could keep on rallying higher based on two reasons. First, the recent approval of US President Joe Biden’s $1.9 trillion stimulus package in the Senate could assist…
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Non-Fungible Tokens (NFTs) are the latest class of assets in the crypto world. These tokens share almost all the inherent characteristics of a cryptocurrency except for fungibility, meaning each NFT is distinct from another. Due to their unique nature, NFTs are gaining prominence as assets with virtually unlimited value and are considered the next big…
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