On-chain data shows that bitcoin exchange flows from whales holding between 1 and 10k bitcoin have recently risen, a sign that could be bearish for the price of the cryptocurrency. Bitcoin exchange inflows rise after rising above $24,000 As pointed out by CryptoQuant MailBTC whales ranging in size from 1k to 10k BTC seem to …
Ethereum price flashed a recovery over the past 24 hours after seeing consolidation at the $1800 price tag. Over the past week, ETH recorded a 20% increase. It has been a bullish week for the altcoin king. The last time the altcoin was traded around this price level was about two months ago. It failed …
Ethereum Price Broke Past $1,800 Despite Higher Demand At Lower Levels Read More »
The sentiment of the cryptocurrency market was hit when the price of Bitcoin plunged to a new low of $17,600. With this said, investor sentiment fell to new yearly lows. But slowly, the market sentiment recovered and made its way out of the area of intense fear. This is so far when market sentiment registered …
Market Sentiment Shoots Up As Bitcoin Eyes $25,000 Read More »
Ethereum has recorded win after win over the past month. If that’s not a gain in its price, this is another step forward in its transition to being a stock network proof. These major milestones reverberated throughout its community, spurring bullish sentiment among the most skeptical of investors. Now, another milestone moving onto the horizon …
Ethereum Price Forecast Remains Bullish As Network Nears Another Milestone Read More »
Bitcoin traded near $25,000 before correcting lower against the US Dollar. BTC must stay above the $23,500 support to start another rally. Bitcoin started a fresh increase above the $24,000 resistance area. The price is now trading above the $23,600 level and the 100 hourly simple moving average. There was a break below the major …
Bitcoin Price Tops Near $25K, Why Dips Might Be Limited Read More »
Ethereum gained and cleared the resistance at $1,800 against the US Dollar. ETH is rising and may continue to rise towards the $2000 resistance area. Ethereum kept doing well above the $1,800 support level and rallied higher. The price is now trading above $1,820 and the 100 hourly simple moving average. There is a major …
TA: Ethereum Gearing For Another Lift-Off to $2k: Rally Isn’t Over Yet Read More »
On-chain data shows that the Bitcoin aSOPR indicator has found resistance at the historical crossover between bulls and bears. Bitcoin aSOPR fails to retest the ‘value=1’ line As one of the analysts pointed out, CryptoQuant After that, BTC aSOPR was rejected from the break even mark recently. The “Output Profit Ratio“(or SOPR for short) is …
Bitcoin aSOPR Fails Retest Of Historical Bull-Bear Junction Read More »
Ethereum posted a significant upward movement in the last month following the announcement of the merger. The most specific launch time in September saw the market rally around the altcoin, driving it up exponentially. With each day, the consolidation is getting closer, and Ethereum is testing another technical level. This time around, the cryptocurrency has …
The Polygon Price Prediction (MATIC) is highly dependent on the July CPI numbers. Polygon price up 125% since July 1st; Analysts noted a 68% rise, which led to an 85% rise in earnings. MATIC price overlaps with targets at the $1.25 mark; A correction is still possible at $0.64. A break below the $0.54 mark …
Polygon Maintains Solid Footing As MATIC Balloons By 300% Since June Read More »
The winter of 2022 appears to be one of the most bearish in cryptocurrency history. This has caused the entire cryptocurrency market to drop more than 50% in value since the beginning of the year. Also, the situation in the cryptocurrency market has worsened with the collapse of the Terra-LUNA ecosystem. However, the cryptocurrency market …
Glassnode Report Shows Bitcoin And Ethereum Derivatives Gain Massive Traction Read More »