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” Litecoin ‘head fake’ rally? LTC price technicals hint at 65% crash “ Litecoin (LTC) has rebounded by 130% to almost $100 after bottoming out near $40.50 in June 2022. The primary reasons include broadly improving risk-on sentiment and euphoria around the Litecoin halving in August 2023. However, technicals suggest that LTC may wipe out…
” What is an ascending triangle pattern and how to trade it? “ Market analysts rely on many technical indicators to anticipate future trends, one of which is the very-popular ascending triangle chart pattern. What is an ascending triangle pattern? As the name indicates, an ascending triangle on a chart forms when the price consolidates…
” Data shows pro Bitcoin traders want to feel bullish, but the rally to $23K wasn’t enough “ Bitcoin (BTC) price had a mixed reaction on Jan. 25 after the United States reported a 2.9% gross domestic product growth in the fourth quarter, slightly better than expected. Still, the sum of all goods and services…
” Ethereum futures and options data reflect investors’ growing confidence in ETH price “ The price of Ether (ETH) rallied 16% between Jan. 14 and Jan. 21, peaking at $1,680 before facing a 5.4% rejection. Curiously, the same resistance level resulted in a substantial correction in late August 2022 and again in early November 2022. …
” Solana (SOL) price rally could fizzle out due to weak fundamentals “ Solana’s (SOL) recent 250% rally to $25 has shocked many investors in the crypto market. At the same time, traders who had eyes on the negative funding rate for SOL in the futures market could have anticipated the bullish move ahead of…
” Why is crypto pumping? Watch The Market Report live “ This week on The Market Report, the resident experts at Cointelegraph discuss the real reasons behind the recent price pump in the market. Can this lead to a $25,000 Bitcoin (BTC) and beyond, or will some unforeseen event ruin the party? Tune in to…
” Ethereum vs. Bitcoin: ETH price risks 20% drop if key support level breaks “ Ether’s (ETH) rally versus Bitcoin (BTC) is not only showing signs of exhaustion, but is also in danger of breaking below a key technical support level. ETH slides vs. BTC in second half of January The ETH/BTC pair declined nearly…
” Stablecoin data points to ‘healthy appetite’ from bulls and possible Bitcoin rally to $25K “ Bitcoin (BTC) rallied 11% between Jan. 20 and Jan. 21, reaching the $23,000 level and shattering bears’ expectations for a pullback to $20,000. Even more notable is the move brought demand from Asia-based retail investors according to data from…
” Bitcoin miners’ worst days may have passed, but a few key hurdles remain “ Bitcoin’s mining industry has been relatively stable compared to the bearish price action and the tumultuous fallout of exchanges and lending companies. The network’s hashrate dipped slightly toward the end of 2022, primarily due to an unprecedented blizzard in the…
” 3 signs Axie Infinity price risks giving up its 135% gains in January “ Axie Infinity (AXS) has rallied 135% month-to-date to reach approximately $14 on Jan. 23, its highest level in two months. Nonetheless, the AXS/USD pair could suffer major losses in the coming weeks owing to a flurry of negative technical and…