Bitcoin has bounced over 10% from the lows set two weeks ago at around $ 9,800. The cryptocurrency, though, still has a crucial level to move above to confirm that a full-blown bullish reversal is in the works. Related Reading: Ethereum Transaction Fees Surge to All-Time Highs After Uniswap Launch Bitcoin Needs to Surmount This […]
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Bitcoin’s Weekly Candle Just Closed—And We’re In the “Middle of Nowhere”
Just an hour ago, Bitcoin’s weekly candle closed after an eventual week in which the leading cryptocurrency surged from lows near $ 10,000 to a local high at $ 11,150. The coin now trades at $ 10,950 as of this article’s writing, slightly above the ~$ 10,850 weekly close. The cryptocurrency, while above the pivotal […]
Uniswap’s UNI Sees Funding Flip Negative Once Again as Bulls Roar
Uniswap’s token UNI has been seeing massive inflows of capital throughout the past few days and weeks, with investors flocking to try to garner governance rights over Uniswap – which has rapidly become the most popular AMM in the market. This has caused the price of UNI to surge, hitting highs of over $ 8.40 […]
Bitcoin Price is Primed For a Rally And Only 1 Thing is Holding it Back
Bitcoin is showing positive signs above the $ 10,800 support against the US Dollar. BTC broke the $ 11,000 level and it is currently correcting lower towards key supports. Bitcoin gained pace and traded to a new weekly high at $ 11,176. The price is currently correcting below $ 11,000, but it is well above […]
Ethereum is Struggling Near $400, But 100 SMA Could Trigger Bullish Break
Ethereum recovered above the $ 380 and $ 385 resistance levels against the US Dollar. ETH price is struggling to clear the $ 400 resistance, but it is holding the key 100 SMA (H4). ETH price is trading well above the $ 360 and $ 375 resistance levels against the US Dollar. The price traded […]
These 5 Technical Trends Show Bitcoin Could Drop After Passing $11k
Bitcoin has pushed above $ 11,000 after consolidating under that pivotal resistance for a number of days. The leading cryptocurrency now trades for $ 11,070, pushing slightly higher after legacy markets closed on Friday evening. While Bitcoin retaking $ 11,000 is a bullish sign, a historically accurate trader thinks that a bearish reversal here is […]
Bitcoin is About to Tap a “Do or Die” Level; Will Bulls Break It?
Bitcoin’s price action has been somewhat stagnant as of late, with the selling pressure found throughout the lower-$ 11,000 region proving to be too much for bulls to break. Today, however, buyers have been stepping up and attempting to generate some significant buying pressure, likely with the aim of breaking above $ 11,300. Because this […]
Top DeFi Coins Drop Despite Ethereum Rally: Here’s Why
Ethereum pressed higher on Thursday after Uniswap released the UNI token to the world. ETH surged around 10% from the time of Uniswap’s announcement to the daily highs. This rally came in spite of Bitcoin topping just over $ 11,000, responding to weakness in legacy markets like the S&P 500. Despite the rally in the […]
The Key Reason Why Ethereum Could Move Even Higher After 20% Bounce
While legacy markets and Bitcoin have rejected from local highs, Ethereum has been holding up well. Since the launch of Uniswap’s UNI token, the price of the leading cryptocurrency has surged around 6-7%. From the lows set earlier this month, the coin is up in excess of 20%, shocking some commentators who thought this market […]
This Level Holds the Key to Bitcoin Soon Retesting the Critical $12k Level
Bitcoin faced a strong rejection at the pivotal $ 12,000 level after rallying to that resistance earlier this month. After failing to hold above $ 12,000, the coin plunged by just over $ 2,000 in the days that followed. At the lows, BTC traded for $ 9,800 — $ 2,200 below the local highs and […]
XRP Could Be Gearing Up for a “Moon Mission” as Bulls Reclaim Key Level
XRP and the aggregated altcoin market is currently caught within a consolidation phase as Bitcoin struggles to gain any decisive momentum. It does appear that these tokens are awaiting more directionality from BTC before they make any sizeable movements. This has, in turn, caused smaller altcoins to also fall into bouts of sideways trading. Although […]
Bakkt To The Futures: Last Year’s Hottest Bitcoin Platform Breaks All-Time
A blast from Bitcoin’s past is making a comeback, reaching a new all-time highs trading volume after abysmal launch turnout sent the cryptocurrency’s price tumbling last year. What’s going on with Bakkt that suddenly has its Bitcoin Futures trading desk soaring in trading activity? Bakkt The Truck Up: Remembering The Reason For Crypto’s 2019 Collapse […]
Here’s Why Bitcoin Traders Should Be Favoring Longs Right Now
Bitcoin has been stalling around the high-$ 10,000s over the past few days despite the surged earlier this week. The coin now trades at $ 10,850 as of this article’s writing, a few percent shy of the local high. Analysts are certain that investors should be favoring longs right now. Here’s why they think so. […]
Bitcoin Whales Aren’t Selling Their BTC; It May Be Boosting Its Price
Bitcoin’s price action has been rather mixed as of late. Although the cryptocurrency has been slowly grinding higher, the lower-$ 11,000 region has proven to be a heavy resistance zone that is hampering its growth. The intensity of the selling pressure here seems to indicate that bulls may not be quite as strong as they […]
Nasty Meghan Markle Fans Bully Sasha Exeter – And It’s Getting Ugly
Sasha Exeter has been at the center of a public spat with Meghan Markle’s friend Jessica Mulroney. Since then, Jessica has apologized and accepted that she was in the wrong to approach the situation in the way she did. That hasn’t stopped Meghan Markle fans from bullying and threatening Sasha Exeter. I think it’s fair […]