Archives par catégorie: Business

Bitcoin Bulls Get Rejected As $16,700 Proves Too Strong; Here Is What To Expect

Bitcoin Bulls Get Rejected As $16,700 Proves Too Strong; Here Is What To Expect

BTC’s price is rejected from breaking above $16,700 as this region is too strong for bulls.  BTC’s price remains bearish in the high timeframe as most traders and investors remain cautious.  BTC’s price bounces from a low of $15,500 on the daily timeframe as the price reclaims $16,500 as price struggles to break higher above […]

Tron Latest Update Seen Giving TRX Price A Boost – Here’s Why

Tron Latest Update Seen Giving TRX Price A Boost – Here’s Why

Investor interest in Tron is growing as the protocol receives updates. The new Java-tron GreatVoyage-4.6.0 upgrade, codenamed Socrates, is a required update that includes crucial enhancements that greatly improve the protocol’s ability to utilize storage. Since time is of the essence, here is a quick rundown of TRX: Major new enhancements that will smooth out […]

Dogecoin Jumps 10% As Gokhshtein Claims Buterin And Musk Will Work Together For DOGE

Dogecoin Jumps 10% As Gokhshtein Claims Buterin And Musk Will Work Together For DOGE

Crypto influencer David Gokhshtein has told his nearly 700,00 followers on Twitter that he expects Ethereum co-founder Vitalik Buterin and and Elon Musk to join forces to upgrade Dogecoin. The Dogecoin price, possibly triggered by Gokhshtein’s speculation, saw a massive spike of more than 12% at one point in the aftermath. The price shot up […]

Litecoin (LTC) Must Maintain $77 Level To Sustain Enthusiasm Come December

Litecoin (LTC) Must Maintain $77 Level To Sustain Enthusiasm Come December

Litecoin (LTC) is currently experiencing a sharp price correction, going down by more than 4% during the last hour, according to latest tracking from Coingecko. At the time of this writing, the crypto asset is trading at $75.94 after hovering around the $78 region for most of the day. With its recent price dump, the […]

Key On-Chain Indicator Signals Bottom Is In; Ethereum Core Devs Endorse EIP-4844

Key On-Chain Indicator Signals Bottom Is In; Ethereum Core Devs Endorse EIP-4844

The downfall of FTX has also left its mark on the Ethereum (ETH) price. Over the last 30 days, Ether has recorded a drop of around 20%. At press time, the price was at $1,171, just above the crucial support level of $1,100. In the short term, the ETH price has found support at $1,171. However, […]

XRP Price Prediction: Why The Bulls Could Aim Fresh Rally To $0.45

XRP Price Prediction: Why The Bulls Could Aim Fresh Rally To $0.45

Ripple remained well bid above the $0.35 support against the US Dollar. XRP price seems to be eyeing a fresh rally towards the $0.45 level. Ripple started a decent increase from the $0.32 support zone against the US dollar. The price is now trading above $0.350 and the 100 simple moving average (4-hours). There was […]

Ethereum Price Recovery Could Soon Fade If ETH Fails To Surpass $1,250

Ethereum Price Recovery Could Soon Fade If ETH Fails To Surpass $1,250

Ethereum started a decent recovery wave above $1,180 against the US Dollar. ETH could start a fresh decline if it stays below the $1,250 resistance. Ethereum struggled to gain pace for a move above the $1,230 resistance level. The price is now trading above $1,170 and the 100 hourly simple moving average. There is a […]

Bitcoin Price Faces Rejection, Why BTC Could Resume Its Downtrend

Bitcoin Price Faces Rejection, Why BTC Could Resume Its Downtrend

Bitcoin price struggled to clear the $17,000 resistance. BTC seems to be forming a double top pattern and might dive below the $16,000 support. Bitcoin attempted an upside break above the $17,000 resistance, but failed. The price is trading above $16,300 and the 100 hourly simple moving average. There was a break below a key […]

Dogecoin Holds $0.08 Against All Odds; Here is Why This Will Favor DOGE Army

Dogecoin Holds $0.08 Against All Odds; Here is Why This Will Favor DOGE Army

DOGE’s price continues to show strength as the price hold above the key region of $0.08 as bulls aim to go higher.   DOGE’s price continues to look bearish with the market’s current state, as most traders and investors remain cautious.  DOGE’s price bounces from a low of $0.07 on the daily timeframe as the price […]

Ethereum Price Reclaims Demand Zone Of $1,200 – Here Are Levels To Watch

Ethereum Price Reclaims Demand Zone Of $1,200 – Here Are Levels To Watch

ETH price reclaims demand zone of $1,200 as the price aims to trend higher Price continues to look bearish with the market’s current state, as most traders and investors remain cautious  ETH price bounces from a low of $1,100 on the daily timeframe as it eyes a recapture of $1,300 above the 50 Exponential Moving […]

Survey Suggests Institutional Investors Still Interested In Crypto

Survey Suggests Institutional Investors Still Interested In Crypto

The crypto market is undergoing one of its lowest cycles since the turn of the year. Some crypto forecasts predicted a more positive outlook for the crypto market for November. However, events changed things negatively. The U.S. Federal Reserve (Fed) held onto the rates hike, and FTX’s collapse further plunged the market into chaos. After […]

Bitcoin Capitulation Deepens As aSOPR Metric Plunges To Dec 2018 Lows

Bitcoin Capitulation Deepens As aSOPR Metric Plunges To Dec 2018 Lows

On-chain data shows the Bitcoin aSOPR metric has dropped to lows not seen since December 2018, suggesting that holder capitulation is deepening. Bitcoin aSOPR Plummets To Lows Not Observed Since Almost 4 Years Ago As pointed out by an analyst in a CryptoQuant post,  the current capitulation is deeper than during both the 2015 bear […]

Bitcoin Shakes Off the Bears and Aims for $20,000 By End Of Year, Can It Make It?

Bitcoin Shakes Off the Bears and Aims for $20,000 By End Of Year, Can It Make It?

Bitcoin remains rangebound, hovering around its yearly lows, with some short timeframe bullish momentum. The cryptocurrency suffered amid the FTX’s collapse and the subsequent contagion, but market participants seem more optimistic about potential profits.  As of this writing, Bitcoin has retraced back to yesterday’s highs. The BTC’s price is trading at $16,500 with sideways movement […]

Data Signals Major Red Flag As Chainlink (LINK) Rises 8% Over Last 7 Days

Data Signals Major Red Flag As Chainlink (LINK) Rises 8% Over Last 7 Days

With a price increase of 8% over the last seven days, Chainlink (LINK) is currently one of the best performers on the crypto market, behind Litecoin (LTC) and BNB. Remarkably, the trading volume of LINK has dropped 20% in the last 24 hours to just $389 million. Chainlink was trading at $6.66 at press time, […]

Bitcoin Trades Above $16,500 – Could This Be A Bear Trap?

Bitcoin Trades Above $16,500 – Could This Be A Bear Trap?

BTC’s price lost its all-time high of $18,000 as FTX fiascos continued to affect its price  Price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors  BTC’s price bounces from a low of $15,500 on the daily timeframe as the price reclaims the 50 Exponential Moving […]

Polkadot Soars 8% In Last 24 Hours Courtesy Of Its Dev’t Activity, NFT Ecosystem Growth

Polkadot Soars 8% In Last 24 Hours Courtesy Of Its Dev’t Activity, NFT Ecosystem Growth

With the use of relationships with parachains, Polkadot will be able to expand its ecosystem’s capabilities and reach new heights. Moonbeam Network and its subsidiary, Moon River, have joined forces with Bifrost recently. There’s hope for Polkadot, and here’s a quick article at how the crypto has been faring: The DOT’s price went up because […]

Dump Incoming? Rogue BTC-e Sends $165 Million In Bitcoin To Personal Wallets And Exchanges

Dump Incoming? Rogue BTC-e Sends $165 Million In Bitcoin To Personal Wallets And Exchanges

After a year of near dormancy, Bitcoin funds of the rogue exchange BTC-e are on the move again. Chainalysis, an American blockchain analysis firm headquartered in New York City, is reporting that 10,000 BTC, worth about $165 million, have been transferred. The destination of the transactions are personal wallets, exchange deposit addresses and other services. […]