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“# Price analysis 12/20: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE ” Bitcoin (BTC) continues to lose ground in December, a signal that traders may be locking in their gains before the end of the year. The lack of a Santa rally in the U.S. equity markets indicates that the risk-off sentiment…
“# Fish food? Data shows retail investors are buying Bitcoin, whales are selling ” Bitcoin (BTC) staged an impressive recovery after dropping to its three-month low of $42,333 on Dec. 4, rising to as high as $51,000 since. The BTC price retracement primarily surfaced due to increased buying activity among addresses that hold less than…
“# Small Ethereum investors increase exposure as ETH loses $4K level ” Ethereum’s native token Ether (ETH) has dropped by over 18% after establishing an all-time high around $4,867 on Nov. 10, now trading near $3,900. Nonetheless, the plunge has not deterred retail investors from buying the token in small quantities. According to data gathered…
“# Trader who called 2017 Bitcoin price crash raises concerns over ‘double top’ ” Bitcoin (BTC) could be forming a so-called “double top” pattern after falling by over 30% from its record high of $69,000, suggests Peter Brandt, a veteran trader known for correctly calling the crypto market top in December 2017. The bubble has…
“# Price analysis 12/6: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX ” Bitcoin (BTC) is attempting to extend its recovery by rising above the psychological mark at $50,000, but several popular analysts believe that BTC could remain range-bound for a few weeks or even months. On-chain analytics firm CryptoQuant said that Bitcoin…
“# Ethereum bulls retain hopes of $10K despite ETH price chart bear flag ” Ethereum’s native token Ether (ETH) looks poised to extend its selloff this week as it wobbles near a key support level of $4,000. ETH price dropped by over 5.50% on Dec. 6 to an intraday low at $3,913. In doing so,…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, MATIC, ALGO, EGLD ” Bitcoin (BTC) and most altcoins sold off on Dec. 4 with massive deleveraging seen in the crypto derivatives markets. Data suggests more than $2.5 billion of crypto liquidations over a 24-hour period. During the recent fall, Ether (ETH) has continued to…
“# Traders say ATOM could eventually do an AVAX-like surge to $100 ” Cosmos (ATOM) has the potential to record major gains in the upcoming weeks primarily because its longer-timeframe chart is showing a bullish continuation pattern. Dubbed “bull flag,” the structure appears as the asset trends lower while bouncing between two downward sloping trendlines….
“# Price analysis 12/3: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX ” Bitcoin (BTC) and Ether (ETH) have turned down from their respective overhead resistance levels, suggesting that bears continue to sell on rallies. New research in Australia suggests that the Ethereum Improvement Proposal (EIP) 1559 upgrade has turned Ether into a better…
“# Price analysis 12/1: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB ” Bitcoin (BTC) finished the month of November with a decline of about 7%. This was in sharp contrast to the prediction of the “worst-case scenario” of $98,000 by PlanB, the creator of the popular stock-to-flow model. Although the analyst described…