Archives par catégorie: Business

Ethereum price seems to be forming a base above the $2,820 level. ETH could break the $3,160 resistance and rise toward the $3,320 resistance. Ethereum is consolidating losses above the $2,880 level. The price is trading above $3,000 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with […]

On-chain data shows that the Bitcoin Market Value to Realized Value (MVRV) ratio is doing a retest that has historically been significant for BTC. Bitcoin MVRV Ratio Is Retesting Its 365-Day SMA Right Now As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin MVRV ratio is retesting a level that has acted […]

Bitcoin price is consolidating losses above the $55,000 level. BTC must settle above $58,500 and then $60,000 to start a recovery wave. Bitcoin dipped again and retested the $54,500 support zone. The price is trading below $58,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at […]

Veteran trader Peter Brandt has raised the possibility of Bitcoin dropping to as low as $44,000. He predicted this could happen based on a technical indicator that paints a bearish outlook for the flagship crypto.  Why Bitcoin Could Drop To $44,000 Brandt predicted in an X (formerly Twitter) post that Bitcoin could drop to as […]

Solana-based meme coins have emerged as notable contenders in the crypto market, outperforming the largest cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) in recent months.  With coins like Bonk Inu (BONK) soaring nearly 7,000% year-to-date, the potential approval of Solana ETFs filed by asset managers VanEck and 21Shares in the United States, is seen […]

Amid the market slowdown, Notcoin (NOT), the Telegram-based sensation, has shown impressive performance in the last three days. The token has skyrocketed 80% over the weekend, making investors and market watchers optimistic about its short-term performance. NOT A Lot Going On At The Moment? A month ago, Notcoin took the market by storm after soaring […]

So far, Bitcoin has seen significant volatility in the last trading session, hinting at frail investor sentiment. Earlier today, the asset soared to as high as $57,300. However, the asset now appears to have run out of steam after reaching this mark as it trades at $55,966, down by 1.6%. This surge in volatility is […]

Crypto analyst Dark Defender has highlighted an important indicator that could cause the XRP price to repeat its legendary price move from 2017. The analyst joins several other analysts who have suggested that XRP could replicate its price gains from that bull run.  How XRP Price Could Replicate 2017 Price Gains Dark Defender claimed in […]

The decentralized oracle network ChainLink and its native token, LINK, have staged a price recovery amid the broader cryptocurrency market’s bounce from a recent significant correction.  Despite experiencing a 16% price retracement over the past month, LINK has regained its stronghold, rising 5% to $13 in the past 24 hours after hitting a six-month low […]

Bitcoin flash crashed on July 4 and 5, extending losses from all-time highs to about 30%. Though there was a relief bounce over the weekend, forcing the world’s most valuable coin up by nearly 11%, BTC remains within a bearish formation. Bitcoin Correction Not Over: Will Bears Break $50,000? One analyst who took to X […]

Recent data shows that the Bitcoin mining difficulty is on the decline and has hit its lowest since May. This is significant considering what this could mean for the Bitcoin ecosystem, specifically Bitcoin’s price. Bitcoin Mining Difficulty Drops To 79.5 T Data from CoinWarz shows that Bitcoin mining difficulty has dropped to 79.5 T at […]

Data shows the Bitcoin sentiment is close to entering into the extreme greed zone. Here’s what this could mean for the cryptocurrency’s price. Bitcoin Fear & Greed Index Has Continued To Decline Recently The “Fear & Greed Index” is an indicator developed by Alternative that tells us about the average sentiment that traders in the […]

The Ethereum price has fallen by around -25% since its mid-March peak at around $4,100 and is currently trading just above $3,000. While this loss is in line with the broader market trend and in particular Bitcoin’s price drop of about -22% in the same time, there could be another reason for ETH’s price slump, […]

The beginning of July has not been bullish for the Bitcoin and crypto market as earlier expected due to a number of events that have shaken the market. For example, the Spot Ethereum ETFs did not debut on July 2nd as expected, and the US and German governments have been reportedly selling large tranches of […]

The NEAR Protocol blockchain is seeing an increase in in user activity, sparking a great deal of positive vibe for its future. Transaction volumes and active addresses have been up in recent months, pushing the protocol up into the spotlight of the cryptocurrency community. Market observers point to several factors driving this growth, including the […]

Dogecoin’s recent recovery has been abruptly halted by renewed bearish pressure, paving the way for a potential further decline. After attempting a rebound, the bears have regained control of the market, pushing DOGE back toward its previous low of  $0.0914. As the crypto asset’s price moves towards this level, speculations are whether it will break […]

The winds of change might be blowing for Polkadot (DOT), a popular blockchain network for connecting different blockchains. After a rough couple of months marked by a nearly 50% price decline from its April peak, DOT is exhibiting signs of a potential resurgence. This positive outlook stems from a confluence of three key factors: whispers […]

On Saturday, Bitcoin experienced a robust rally, climbing above $58,250. Despite this upward movement, it was unable to sustain the momentum and close above the 200-day Exponential Moving Average (EMA). This led to the formation of a bearish engulfing candlestick pattern on Sunday, signaling potential downside momentum. Currently, Bitcoin is trading below $56,000, positioning it […]

Dogecoin struggled to recover above the $0.1150 resistance zone against the US Dollar. DOGE is consolidating and might extend losses below $0.100. DOGE price is struggling to clear the $0.1150 resistance zone. The price is trading below the $0.1080 level and the 100-hourly simple moving average. There is a short-term bearish trend line forming with […]

Ethereum price remained in a bearish zone below $3,150 zone. ETH is again moving lower and the bears could aim for a drop below $2,800. Ethereum started a fresh decline below the $3,000 and $2,950 levels. The price is trading below $3,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line […]