Reaching the bottom of the market is not possible until it hits zero, but local lows are often good opportunities for people to buy low and hold. Unfortunately, the current crisis in the global economy forced some long-term holders to forfeit their long positions, but many still do not sell. Well, now is the best…
After Elon Musk provided a sneak peek at the new Twitter update program, DOGE’s price increased immediately. Investors in Dogecoin remain optimistic that Elon’s plan for the new version of Twitter might incorporate DOGE in some way. A short tweet boost the price of DOGE by twenty percent A brief almost twenty percent price increase…
On Wednesday, the on-chain analytical service Chainalysis made a comparison of the most recent FTX breakdown case with the 1st BTC trader to go under, Mt. Gox. As a result, the analytical system came to the decision that the cryptocurrency market survived the previous crisis, and it will unquestionably survive the new incident. Similarities between…
Cardano’s value seems to have sparked a significant number of short places after failing to overcome the $0.4400 resistance. Platforms for smart contracts failed due to rising costs, while investors made money. At $0.4000, ADA ought to immediately resume support. Before the bulls have another opportunity to raise the price, a rally to $0.3730 is…
According to a DappRadar report from October, the cryptocurrency market has recovered and now has a $1 trillion market cap. Over one trillion dollars is invested in cryptocurrencies Despite reports that a hack during the month resulted in losses of $1 billion, Bitcoin’s marketplace capitalization enhanced up to one trillion dollars. By the middle of…
It is quite enjoyable to play the “will it, won’t it” game when volatility hits the market. Unfortunately, we have been playing this game only in the negative context during the whole crypto winter. Occasionally, we would start making predictions about the next resistance level, but support lines that the Bulls had to hold were…
The recovery patch for cryptos isn’t a smooth road, and revival amidst dented market sentiment means more challenges. However, that doesn’t imply an impossible thing. For now, Ethereum contemplates an upside move following recent bearish actions. The price charts confirm such a narrative as they indicate massive momentum that pushed Ether towards a crucial region….
The crypto market suffers a bloodbath, with most tokens displaying ugly performances during May’s sessions. However, there’re a few exceptions. Furthermore, the marketplace saw new coins arriving. Let us check the top recently added cryptos to consider in June this year. As a rule of the game, research whenever considering crypto investments. Digital tokens are…
Bitcoin has its price gaining momentum beyond the resistance zones at $29.5K and $30K. For now, the crypto trades beyond $29K and the 100-hourly Simple Moving Average. Kraken data shows BTC broke past a massive pessimistic line with resistance at $29.2K on the 1hr chart. Bitcoin can climb to conquer the resistance at $30.6K. BTC…
Monero (XMR) has been among the large-cap alts with somehow attractive performance on the charts since the May 12 decline. Raking 25th by market cap, XMR responded to the decline towards $133 with a remarkable 70% increase to touch $207. That emerged when Bitcoin hovered inside a range, making Monero’s near-term bullishness more enticing for…
UST’s demise sent tremors through the cryptocurrency world. And according to researcher Nansen, they can’t trace it back to a single perpetrator. Rather, they discovered the trades of a limited number of traders, one of whom was the Celsius Network. There were expectations for UST to preserve its USD-peg. By using algorithms and trade rewards….
Providing regulatory clarity on virtual currencies is the goal of every country’s central bank globally. Since 2020, nations have clamored for better oversight in the crypto industry to curb illicit transactions and safeguard investors. Turkey has reportedly joined the long list of countries that aims to develop its cryptocurrency sector with improved oversight. The European…
Tezos (XTZ) has come from far from its former status as a ghost platform. Nevertheless, the 37th largest crypto by value faces intense competition from projects dominating the headlines. Still, Tezos has experienced lucrative price actions that fearless market players can follow. XTZ 1Day Timeframe – Rallies While writing this content, XTZ changed hands near…
VeChain price sees upside movements. VET price faces resistance near $0.03245. VET/USD support stands at $0.02978. VeChain price presents a bullish bias following upside actions towards the $0.0312 high. For now, the altcoin encounters resistance at $0.03245. Overcoming the hurdle will see VET extending its leg up towards $0.03400. Though the alt suffered bearish tendencies…
Earlier this month, the Terra network crash resulted in an intense sell-off in the crypto market. Analysts estimate that the crypto market cap dipped by nearly $500B following the crash. All digital assets are still well off their ATHs. The Leading digital asset, BTC, continues to trade at sub-$30K levels. After the network crash, the…
Polkadot has traded at this current value area for some time. Consistent declines by the top market moves had most alternative tokens near their closest support floors and beneath immediate resistance zones. Indeed, the latest conditions in the marketplace have been harsh for crypto investors. Polkadot experienced a swift decline in buying momentum due to…
Bitcoin trades on the edge of closing another week in the red. That would translate to stretching the pessimistic action to two months. Though challenging the $30K mark several times, Bitcoin seems weak to overcome the area as it spends more time beneath the crucial zone. The previous 24 hours saw bullish reactions within the…
The largest stablecoin lost its USD peg last week, which resulted in many holders converting their USDT holdings to other stablecoins or fiat. The USDT de-pegging also created intense selling pressure in the wider crypto market. Tether Holdings Ease Fears Of Usdt Holders A part of the latest quarterly report by Tether holdings was dedicated…
Polkadot price experiences a steep fall. The altcoin breached the buyer’s region on DOT’s TSI. Polkadot should climb past $14.25 to invalidate this bearish bias. Polkadot (DOT) appears weaker than most cryptos in the marketplace. For now, it may be a no home for traders. Interested individuals should give the token more time to…
Cosmos (ATOM) bears joined the space to ensure consistent pressure since the alt touched its ATH on January 7. Gradual downside moves beneath the multi-month trend-line resistance gave sellers the needed momentum to trigger trend-shifting reversals. For now, ATOM hovers at a tricky level. The 23.6% FIB resistance might reshape the short-term trend trajectory. While…