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Tag: #Market Update

# Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first
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# Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first

Admin4 years ago06 mins

” Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first “ The cryptocurrency market was hit with another round of selling on May 26 as Bitcoin (BTC) price dropped to $28,000 and Ether (ETH) briefly fell under $1,800. The ETH/BTC pair also dropped below what traders deem to be an…

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# ‘Extreme fear’ grips Bitcoin price, but analysts point to signs of a potential reversal
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# ‘Extreme fear’ grips Bitcoin price, but analysts point to signs of a potential reversal

Admin4 years ago06 mins

” ‘Extreme fear’ grips Bitcoin price, but analysts point to signs of a potential reversal “ The cryptocurrency market settled into a holding pattern on May 25 after traders opted to sit on the sidelines ahead of the midday Federal Open Market Committee (FOMC) meeting where the Federal Reserve signaled that it intends to continue…

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# fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) price higher
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# fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) price higher

Admin4 years ago08 mins

” fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) price higher “ After a strong 2,000% rally in early 2021, Fantom (FTM) price collapsed alongside multiple altcoins and even though the blockchain has an impressive capability, it has yet to find mass adoption due to the lack of a compelling use case….

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# 20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow
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# 20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow

Admin4 years ago05 mins

” 20% drop in the S&P 500 puts stocks in a bear market, Bitcoin and altcoins follow “ Whoever coined the phrase “sell in May and go away” had brilliant insight and the performance of crypto and stock markets over the past three weeks has shown that the expression still rings true. May 20 has…

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# Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets
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# Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets

Admin4 years ago05 mins

” Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets “ Crypto markets remain volatile and a handful of seasoned traders believe that the bearish trend will continue as long as stock markets are chasing new lows. Most investors would agree that crypto is now in a bear market and the…

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# Cosmos price rebounds 45% in one week despite Terra’s debacle — What’s next for ATOM?
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# Cosmos price rebounds 45% in one week despite Terra’s debacle — What’s next for ATOM?

Admin4 years ago06 mins

” Cosmos price rebounds 45% in one week despite Terra’s debacle — What’s next for ATOM? “ Cosmos (ATOM) emerges as the biggest gainer among the top cryptocurrencies this May 20, brushing aside the fears about its association with Terra (LUNA), an algorithmic stablecoin project whose market valuation fell by 99% last week. Cosmos TVL…

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# Contrarian Bitcoin investors identify buy zones even as extreme fear grips the market
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# Contrarian Bitcoin investors identify buy zones even as extreme fear grips the market

Admin4 years ago07 mins

” Contrarian Bitcoin investors identify buy zones even as extreme fear grips the market “ Bitcoin (BTC) support at the $30,000 level has proven to be quite resilient amidst the turmoil of the past two weeks with many tokens in the top 100 now showing signs of consolidation after prices bounced off their recent lows….

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# Here’s why Terra’s snowball effect could send Avalanche (AVAX) price to
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# Here’s why Terra’s snowball effect could send Avalanche (AVAX) price to $15

Admin4 years ago04 mins

” Here’s why Terra’s snowball effect could send Avalanche (AVAX) price to $15 “ Avalanche (AVAX) has emerged as one of the worst-performing cryptocurrencies among the top-ranking tokens in the last 24 hours, partially due to fears connected to Terra (LUNA) and it’s a near-dead UST algorithmic stablecoin project. Avalanche price dips amid Terra’s tax…

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# Bitcoin price drops under K as Walmart, Target stock lose most since 1987
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# Bitcoin price drops under $29K as Walmart, Target stock lose most since 1987

Admin4 years ago06 mins

” Bitcoin price drops under $29K as Walmart, Target stock lose most since 1987 “ Bitcoin (BTC) headed toward an “interesting” liquidity area on May 18 as United States stock markets opened with a bearish bang. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price nears “interesting” rematch with lows Data from Cointelegraph Markets Pro…

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# Aave price risks a 25% plunge as a classic bearish reversal pattern emerges
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# Aave price risks a 25% plunge as a classic bearish reversal pattern emerges

Admin4 years ago05 mins

” Aave price risks a 25% plunge as a classic bearish reversal pattern emerges “ Technical analysis suggests that a recent uptrend in the price of Aave (AAVE) is showing signs of exhaustion based on early development of a classic bearish reversal pattern. Is AAVE headed to $70? Dubbed a “rising wedge,” the pattern surfaces…

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