Archives par catégorie: Business

Bitcoin Price Stuck In Key Range, Why The Bulls Are Comfortable

Bitcoin Price Stuck In Key Range, Why The Bulls Are Comfortable

Bitcoin price corrected lower below the $19,500 level against the US Dollar. BTC remains in a key range and trading above the $19,000 support zone. Bitcoin failed to gain strength above $19,600 and corrected gains. The price is trading near $19,250 and the 100 hourly simple moving average. There was a break below a key […]

3 Bullish Chart Patterns That Will Help You Become A Better Trader

3 Bullish Chart Patterns That Will Help You Become A Better Trader

Trading crypto in the bear market is one of the most difficult times for most traders, including advanced traders, but as the saying goes, the bear market produces the best traders, and millionaires are born. Trading without the proper skills and implementing your strategy (Bullish chart patterns) is akin to exposing yourself to risk, which […]

XRP Price Forms This Pattern On Its Chart, What Does It Mean For XRP?

XRP Price Forms This Pattern On Its Chart, What Does It Mean For XRP?

The XRP price has appreciated over the last 24 hours as market movers also witnessed the same price movement. The coin gained 1.6% in that time frame. It is, however, still safe to say that the asset is consolidating. In the past week, the XRP price has barely shown any movement, confirming sideways trading. The […]

Exchange Outflows Shows Bitcoin, Ethereum Accumulation Trend Continues

Exchange Outflows Shows Bitcoin, Ethereum Accumulation Trend Continues

Bitcoin and Ethereum outflows from centralized exchanges have been pointing toward a growing accumulation trend among investors. This saw billions of dollars worth of coins leaving exchanges weekly as investors moved them out. Even now, the exchange outflows have continued despite the recovery in the price of bitcoin and Ethereum, showing that investors are not […]

Bitcoin Leads The Hunt For A Green October In Crypto

Bitcoin Leads The Hunt For A Green October In Crypto

Bitcoin might be returning to the bottom of its current range; trapped for months, BTC might be unable to push higher. Driven by macroeconomic forces and uncertainty, the sideways price action has decreased volatility across global financial assets.  At the time of writing, Bitcoin (BTC) trades at $19,400 with sideways movement across all timeframes. Earlier […]

Tezos (XTZ) Breaks Out Of A Falling Wedge As Price Could Hit $2 Mark

Tezos (XTZ) Breaks Out Of A Falling Wedge As Price Could Hit $2 Mark

XTZ’s price shows a spark of strength as price breaks out from a descending triangle as price eyes $2 with good volume.  XTZ continues in a range-bound downtrend movement as the price aims to breakout.  The price of XTZ continues to trade below the 50 and 200 Exponential Moving Averages (EMA) on the daily timeframe.  […]

Bitcoin Price Action Falls Flat | BTCUSD Analysis October 18, 2022

Bitcoin Price Action Falls Flat | BTCUSD Analysis October 18, 2022

In this episode of NewsBTC’s daily technical analysis videos, we are once again examining a possible expanded flat correction in Bitcoin. Once the correction has completed, the bull market could resume. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 18, 2022 In addition to the video highlights listed below the video, […]

What Is Aptos (APT) And Why Is Everyone Talking About It?

What Is Aptos (APT) And Why Is Everyone Talking About It?

Aptos (APT) has been making the rounds in the crypto spaces on social media for more than two months now. This new network caught the attention of many as the team’s vision for the network was praised. On Monday, October 17th, the project announced that its mainnet had finally arrived ahead of listings on exchanges. […]

Shiba Inu Trying To Extricate From Bearish Grip As SHIB Seen Rising This Week

Shiba Inu Trying To Extricate From Bearish Grip As SHIB Seen Rising This Week

Since the beginning of August, Shiba Inu has been actively engaged in corrective activities. The meme coin has been distancing from its origins and has been highly effective with doing so. An actual use case for SHIB was just introduced last month when it became possible to use the token to settle tax obligations in […]

Only In Crypto: A Strudel Pays Rent With THE Protocol Profits

Only In Crypto: A Strudel Pays Rent With THE Protocol Profits

Everyone is talking about THE Protocol in crypto as the project gains momentum. Created as a meme coin, THE has continued to make all-time highs against the ETH and USDT pairs.  In just 24 hours, THE Protocol trades at a 60% profit against Ethereum when large cryptocurrencies are beginning to show positive performance. Across social media, […]

Cardano Finds Breathing Room At $0.35 Support – Is This Enough For ADA?

Cardano Finds Breathing Room At $0.35 Support – Is This Enough For ADA?

Cardano is somehow keeping in-step with cryptocurrency frontrunners Bitcoin and Ethereum, sitting on price increase on its intraday chart. Cardano failed to hold the $0.41 crucial support range and settle to the new support marker of $0.36 ADA is forecasted to trade from $.0403 to $0.416 in the coming days Cardano addresses grow despite bearish […]

Ethereum Shaves Off A Quarter Of Its Price As Whales Dump $4 Billion In ETH

Ethereum Shaves Off A Quarter Of Its Price As Whales Dump $4 Billion In ETH

Ethereum, dubbed as the “king of all altcoins” and the second largest cryptocurrency in terms of market capitalization, managed to trim its recent losses as it continues to struggle in this extended crypto winter. According to tracking from Coingecko, Ethereum is changing hands at $1,332.18, going up by 2.1% over the last 24 hours and […]

Polygon (MATIC) Eyes $1 After Successful Breakout; Will Bulls Push For A Retest?

Polygon (MATIC) Eyes $1 After Successful Breakout; Will Bulls Push For A Retest?

MATIC’s price shows strength as price breaks bounced off from $0.76 with good volume with eyes set to reclaim $1.  MATIC breaks out of a downtrend as the price resumes a bullish structure.  The price of MATIC continues to trade above the 50 Exponential Moving Average (EMA) on the daily timeframe.  The price of Polygon […]

TRON Makes Record For Period Spent In Deflationary State – Good For TRX?

TRON Makes Record For Period Spent In Deflationary State – Good For TRX?

TRON (TRX), a lesser known cryptocurrency when compared to Bitcoin, Ethereum, Cardano and Dogecoin, made a loud noise in April 2021 when Tron Foundation announced the asset successfully leaped into the deflation era. In doing so, TRON managed to be the first ever deflationary virtual currency in the world, reducing its total supply then by […]

Polygon’s MATIC Price Prediction: Why Bulls Aim $1 or Higher

Polygon’s MATIC Price Prediction: Why Bulls Aim $1 or Higher

MATIC price started a steady increase from the $0.720 support zone. Polygon buyers might now aim a push towards the key $1.00 resistance. MATIC price is gaining pace above the $0.80 level against the US dollar. The price is trading well above $0.800 and the 100 simple moving average (4-hours). There was a break above […]

Bitcoin Price Formed A Bearish Wedge Pattern, These Are The Crucial Trading Levels

Bitcoin Price Formed A Bearish Wedge Pattern, These Are The Crucial Trading Levels

Bitcoin price was consolidating yesterday. However, the asset has moved north over the last 24 hours. The coin registered 2.2% appreciation. The crypto has now moved away from the $18,200 support level, although the aforementioned level continues to act as strong support for the Bitcoin price. The technical outlook also pointed towards the bulls not […]

Ethereum Price Is Unstoppable and Why Break Above $1,400 Seems Imminent

Ethereum Price Is Unstoppable and Why Break Above $1,400 Seems Imminent

Ethereum is slowly moving higher above the $1,320 level against the US Dollar. ETH could gain pace above the $1,350 and $1,400 resistance levels. Ethereum remained strong above the $1,265 support zone and started a decent increase. The price is now trading above $1,320 and the 100 hourly simple moving average. There is a major […]

Bitcoin Price Is Rising, Here’s What Could Trigger A Sharp Increase

Bitcoin Price Is Rising, Here’s What Could Trigger A Sharp Increase

Bitcoin price is slowly moving higher above $19,500 against the US Dollar. BTC could gain bullish momentum once it clears the $20,000 resistance zone. Bitcoin remained well bid and started a decent increase above $19,500. The price is trading above $19,400 and the 100 hourly simple moving average. There was a break above a key […]