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” Price analysis 5/20: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB “ Bitcoin’s (BTC) tight correlation with the legacy markets continues to be a drag, especially as the United States equity markets remain in a firm bear trend. The Dow Jones Industrial Average is on track for its eighth consecutive negative week…
” 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…
” Bitcoin ‘death cross’ data hints 43% drop due in BTC price bear market “ Bitcoin (BTC) may fall more than 40% from last week’s bottom, new data warns as one analyst confronts what he says is now a bear market. In a series of tweets on May 20, popular trader and analyst Rekt Capital…
” Ethereum preparing a ‘bear trap’ ahead of the Merge — ETH price to $4K next? “ Ethereum’s native token, Ether (ETH), continues to face downside risks in a higher interest rate environment. But one analyst believes that the token’s next selloff move could turn into a bear trap as the market factors in the possible…
” 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…
” Weaker dollar lifts Bitcoin to $30.7K as analyst eyes 60% BTC dominance “ Bitcoin (BTC) hit 48-hour highs overnight into May 20 as U.S. dollar weakness gave bulls some much-needed respite. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar strength declines after 20-year record Data from Cointelegraph Markets Pro and TradingView recorded a high…
” 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….
” 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…
” Here’s why bears aim to keep Bitcoin under $29K ahead of Friday’s $640M BTC options expiry “ Over the past nine days, Bitcoin’s (BTC) daily closing price fluctuated in a tight range between $28,700 and $31,300. The May 12 collapse of TerraUSD (UST), previously the third-largest stablecoin by market cap, negatively impacted investor confidence…
” Lost SOL? Persistent challenges continue to impact Solana price “ The past thirty days have been an extremely bearish time for cryptocurrencies. The sector’s aggregate market capitalization plunged 33% to $1.31 trillion and Solana’s (SOL) downfall has been even more brutal. Currently, SOL has seen a 50% correction and trades at $51. Solana/USD price…