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XRP’s price action has been similar to how it has been for the past couple of years, with it consolidating in the mid-$ 0.20 region while being wholly unable to garner any type of sustainable trend. This consolidation phase has come about despite the strength seen by Bitcoin and the rest of the crypto market. […]
Ethereum is expected to move much higher in the months ahead as the leading cryptocurrency prints a bullish technical signal. Ethereum Bounces Cleanly Off $ 390 Horizontal Region in Bullish Move As the chart shared below shows, ETH recently bounced off the $ 380-390 horizontal region, which marks a win for bulls. The chart shows […]
The price of Bitcoin closed this past week at $ 13,113 – its highest level since January 2018 Bitcoin (BTC) is trading at around $ 13,106, slightly off its weekly close of $ 13,113 and just lower from its 2020 high of $ 13,350. BTC/USD closed the week with a +13.6% candle, posting the highest […]
Ethereum traded to a new monthly high at $ 422 before correcting lower against the US Dollar. ETH price is trading well above the 100 SMA (H4) and it is likely to resume its upside above $ 422. ETH price is trading in a strong uptrend above the $ 400 support against the US Dollar. […]
Bitcoin has seen a strong uptick in institutional adoption over recent weeks and months amid the worst economic trends in many decades. Wall Street analysts think that the asset may act as a hedge against the U.S. dollar dropping and other geopolitical and macro trends. JP Morgan made this much clear when the firm released […]
Ethereum has undergone a strong rally over the past few days amid a Bitcoin push higher. In the past seven days, ETH has gained around 10%, pushing from the $ 370 region to $ 410 as of this article’s writing. ETH is expected to push higher as there are fundamental and on-chain trends that favor […]
Bitcoin has very few resistance levels left to clear before a new bull run is on, and the leading cryptocurrency by market cap returns to price discovery mode in search of its next all-time high. And while that break out into a bull market draws nearer with each passing day, so far, there’s no volume […]
Yearn.finance used to be the darling of the DeFi sector, with investors pouring massive sums of capital into the YFI token while largely looking towards it to become one of the largest and most widely used platforms within the decentralized finance ecosystem. The sentiment surrounding the Yearn project began to shift a few weeks ago, […]
Yearn.finance’s short-term outlook has been grave, with bears being in full control of its price action as buying pressure begins drying up. The cryptocurrency’s recent descent has come about due to a myriad of different factors, including heightened founder risk, a fractured community, as well as the overall downturn in the DeFi sector. Additionally, relatively […]
Cardano’s price surged above the main $ 0.1000 resistance level and started a strong increase. ADA is likely to continue higher towards $ 0.1250 in the coming days. ADA is showing positive signs and it is now trading well above $ 0.1000 against the US dollar. The price cleared the $ 0.1120 resistance and trading […]
Bitcoin has seen muted price action over the past few days after plunging from the $ 10,900 weekly highs as a result of negative new regarding BitMEX. Gold may soon be primed to retake a crucial support level on a medium-term scale, which may help to boost BTC after the aforementioned correction. Related Reading: Ethereum […]
Bitcoin price is showing early signs of a bullish break above $ 10,800 against the US Dollar. BTC could continue higher as long as it is above the 100 hourly SMA. Bitcoin is struggling to gain bullish momentum, but it slowly moved above the $ 10,800 resistance. The price is now above the 100 hourly […]
Ethereum is showing positive signs above the key $ 355 support against the US Dollar. ETH price could accelerate higher if it clears the $ 365 resistance zone. Ethereum is slowly rising and it is now trading well above the $ 355 support. The price is currently testing the $ 362 resistance and is above […]
Bitcoin is looking to resume its uptrend towards $ 12,500 based on its proximity with traditional rival gold. The analogy pops out of an erratic positive correlation between the two assets that have caused them to trade in tandem since March 2020. Both gold and Bitcoin receive their cues from the same set of fundamentals: […]
Yearn.finance’s price has seen some turbulence in the weeks following its intense rally to all-time highs of over $ 40,000. The governance token for the Yearn ecosystem – YFI – has been largely consolidating in the time since, with both buyers and sellers being unable to spark any sustained trend. This may be due to […]