This latest development sees the relationship between the US Securities and Exchange Commission and spot BTC exchange-traded fund continues to take attention-grabbing turns. However, the outcome stays constant – indefinite delay. An exchange-traded fund (ETF) is a saving vehicle that monitors the performance of assets or an asset. User can diversify their portfolios efficiently without…
Bitcoin has its price actions beyond the support of $39.5K, changing hands near $40,203.20 at this publication. The world’s largest crypto appears weak and more downtrends in the coming few days would translate to dips in the alt marketplace. Solana and Terra traded inside a near-term range. However, SOL exhibited more bullishness. Terra (LUNA) As…
Bitcoin traded sideways over the past day after meeting the $41.5K resistance. BTC’s swift climb past $40K had the altcoin market assuming a bullish picture. Meanwhile, Avalanche encountered massive resistance in the $82 region, whereas NEAR and Polkadot presented short-term buying opportunities. Avalanche (AVAX) Avalanche trades inside the $65.5 – $98.8 range. The range’s mid-point…
Zilliqa shows buying momentum resurgence as the alt gains 14% over the past 12 hours, The upward action emerged after ZIL dropped towards the demand zone of $0.097 – $0.121. A daily candle close under $0.097 will cancel Zilliqa’s bullish thesis. ZIL price action is back in bullish control as the alternative token relaunches its…
Panelists explained their bullish stance about BTC during the latest podcast on Bitcoin Sessions. Experts revealed their optimistic attitudes despite the recent dip under the $40,000 mark. While publishing this content, Bitcoin traded at $40,456.45, gaining 0.67% over the past day (Coinmarketcap data). Mark Stephany, the theprogressivebitcoiner founder, briefed his bullish reasons for BTC. Stephany…
Dogecoin and Shiba Inu secure early foothold following Monday’s broad market crash. Failure to keep pivots away would see the meme coins under pressure. DOGE and SHIB saw bearish sessions as the meme tokens succumbed to broad market forces. Elon Musk hit DOGE earlier on the day as news of the Tesla CEO not joining…
Ethereum (ETH) is nearly ending the week on a bearish note. Bears stepped up to push the 2nd-largest crypto lower after the alt hit the $3,547 weekly peak. For now, the daily 20MA line serves as a dependable support floor, and ETH bulls struggle to keep the zone. Ethereum Daily Chart According to the 24hr…
ATOM price exhibited massive bearish bias within the past couple of days. Cosmos ecosystem performed well, thanks to LUNA’s DeFi projects. Gravity DEX airdrop would be the next catalyst. Cosmos (ATOM/USD) has experienced massive bearishness over the past couple of days as investors remained worried about stock and cryptocurrencies. The altcoin declined to $26.03, its…
MATIC has its price nearing the demand zone at $1.44 – $1.53. Technical viewpoints and on-chain metrics support bullish actions towards $2. A 24hr candlestick close beneath $1.44 will cancel MATC’s bullish thesis. Polygon (MATIC) shows exhaustion signals, but the alt nears a steady support floor that might be crucial in catalyzing an upward move…
Solana, the 6th-largest crypto by market cap, saw a slight decline on Tuesday following massive rallies within the previous month. However, the drops show the altcoin readying for sharp upswings toward new all-time highs. SOL lost nearly 7% towards the $126.94 mark and traded around $132.76 at this writing, following a 3.32% fall over the…
Twitter shares surged up after serial entrepreneur and CEO of Tesla, Elon Musk, spent a whopping sum of over $2.89 billion to purchase a 9.2% share in Twitter. Also, the news sparked a jump by over 10% in Dogecoin’s trading price as the DOGE community reacted to the report. Elon Musk Invests In Twitter Billionaire…
Cardano has its holders in a dilemma as ADA price hovers near $1.20. The breaker at $1.22 – $1.35 remains a significant obstacle, preventing bulls’ actions towards the $1.60 level. A daily candle close under $1 will cancel DOT’s bullish thesis. Cardano (ADA) displays momentum slowdown following a swift upside move from a psychological area….
APE price still faces challenges moving past the crucial resistance zone at $13. The alt has resolved two trade ideas noted yesterday. Another long opportunity exists, but downtrend risks remain a concern. ApeCoin (APE) maintained sideways actions on Saturday, hovering inside the $13.80 – $12.40 price range. Bulls attempted a breakout on Friday, but a…
Loopring price highlights signals of an upcoming bullish rally after the alt flipped resistance barrier at $1.17 into the support floor. The latest move clears the path for an exponential uptick towards $2 for LRC. A daily candlestick close under $1.03 will annul Loopring bullish thesis. Loopring price formed a steady bottom after its downtrends…
MATIC shows continued surge signals if the support level at $1.63 and $1.53 hold. Transaction data indicated moderate hurdles in bulls’ road towards higher levels past $2. A daily candle close under $1.53 will annul Polygon’s bullish thesis. Polygon (MATIC) seems prepared for another surge as the alt moves beyond a critical resistance level. The…
Since this week, there have been substantial cash inflows into smart contract networks, notably Ethereum, Cardano, and Solana. On-chain analytics platform, Santiment, claimed that the surging demand for decentralized solutions might be the reason for this funds inflow. Short Order Liquidation Volume Soars After ETH price surged past the $3K level, Santiment’s data feed observed…
Algorand hovers at $0.796 after kick-starting its 60% upswing. Enthusiasts can expect the alt to extend its leg-up to $1.1, with an impending upside rally. A daily candle close under $0.675 will form a lower low, invalidating ALGO’s bullish thesis. Algorand launched a recovery move with colossal upward potential after finding a dependable support level…
Avalanche has had a lucrative week, gaining more than 25% over the past seven days. That had it take its market capitalization higher to $23 billion at this publication (Coinmarketcap data). Moreover, AVAX gained approximately 10% within the past 24 hours. Such developments raised eyebrows among market participants. Moreover, will the alt remain a profitable…
The past few days saw Avalanche recording impressive gains, climbing towards a supply zone. AVAX might retest the former resistance mark at around $77.3 in the coming hours. NEAR kept its price actions within a range in March, whereas Algorand contemplates a higher move following recent buying pressure. Avalanche (AVAX) Avalanche trades inside a descending…
LUNA price outlook shows price explored the lows of $84.86 within the past day. The alt seems ready to hit the support at $84 beneath critical MAs. Further downswings might launch a bearish move to $70. Terra price unveils a bearish picture today. That’s after LUNA extended the downward journey initiated on 15 March. The…