Bitcoin’s price has yet to recover above the key 200-day moving average, and if things remain the same, it is seemingly bound to drop to lower levels. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has recently rebounded from the $60K support level following the breakdown below $64K […]
BTC Price Analysis: Can Bears Push Bitcoin Below $60,000 Soon? Read More »
The cryptocurrency market went through a relatively volatile 24 hours, where Bitcoin took center stage and managed to increase above $62,000. The uptick has also given leeway to smaller-cap altcoins to recover, with one viral meme coin exploding by as much as 25% on the day. Let’s dig in. Bitcoin Bulls Reappear, Push Price Above
Bitcoin Price Pumps Above $62,000 but This Viral Meme Coin Skyrockets 25%: Weekend Watch Read More »
The crypto market tumbled significantly as geopolitical tensions escalated after Iran launched missile strikes on Israel. Bitcoin, for one, dropped below $60,500 before staging a modest recovery. Despite this, demand from United States-based investors remains high, according to recent findings. Such a trend could provide Bitcoin with a respite from the bears. US Investor Demand
Bitcoin Price to Recover Soon? This Popular Indicator Gives Hints Read More »
Bitcoin’s price has broken post a key level recently and is seemingly targeting a new all-time high in the short term. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has finally broken above the $64K level and the 200-day moving average, which is located around the same mark.
BTC Price Analysis: Is Bitcoin Targeting $70K in the Short Term? Read More »
On-chain data provided by Lookonchain asserted that two prominent institutions have sent millions worth of ETH to exchanges, which could suggest trouble for the second-largest cryptocurrency. Currently, Ethereum trades close to $2,700 after gaining 5% within the past week. 2 institutions are selling $ETH! A wallet related to #Cumberland deposited 11,800 $ETH($31.88M) into #Coinbase 7
Is Ethereum’s Price About to Dump as These 2 Institutions Are Selling ETH Holdings? Read More »
This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum closed another good week with a 4% price increase. Buyers remain interested and managed to push the price above $2,600. The current target is $2,800, which will also act as key resistance. Momentum slowly turned bullish in September,
Crypto Price Analysis September-27: ETH, XRP, ADA, SHIB, and DOGE Read More »
TL;DR Shiba Inu (SHIB) surged 50% in two weeks, but indicators like high FOMO and an elevated RSI hint at a potential pullback. The rally is possibly fueled by overall market momentum, Shibarium advancements, a spike in burn rate, and the expected launch of a Shiba Inu-related stablecoin. Further Rally or Time for a Correction?
Shiba Inu (SHIB) Price Increased by 50% in the Past 9 Days, is a Correction Imminent? Read More »
Bitcoin’s price is currently at a critical level, and its reaction will likely determine the mid-term trend of the entire crypto market. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the asset has been rallying since it rebounded from the $52K support level and has broken both the $56K and
Bitcoin Price Analysis: Is BTC Heading Toward $70K or $60K Next? Read More »
TL;DR Bitcoin shows signs of a potential rally, with some analysts predicting a jump to a new all-time high. Conversely, increased exchange inflows suggest possible short-term selling pressure. Good News for the Bulls? Bitcoin’s price witnessed enhanced ups and downs in the past week, ranging from $56,000 to over $60,500. Currently, it trades at around
Bitcoin (BTC) Price Predictions: Big Bull Run or a Depressing Bear Market Ahead? Read More »
Bitcoin’s price is still consolidating around the $60K level. Yet, an impulsive move might begin soon. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily timeframe, it is evident that the price has yet to climb back and recover definitively above the $60K level after its rapid rejection and drop from the
