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“# 3 reasons why Ethereum can reach $5,000 in Q1 ” Ethereum’s native token Ether (ETH) has plunged by more than 20% after establishing its record high at around $4,867 on Nov. 10, 2021. Nonetheless, the sharp price pullback does not mean ETH can’t pursue a new record high in the next few months, as…
“# Yearn Finance risks pullback after YFI price gains 100% in less than 3 weeks ” Yearn Finance (YFI) looks poised for a price correction after rising five days in a row to approach $42,000. Notably, an absence of enough buying volume coupled with overbought risks is behind the bearish outlook. The YFI price rally…
“# Little forkers: BCH and BSV get crushed by Bitcoin price in 2021 ” Bitcoin (BTC) looks set to beat its forked versions Bitcoin Cash (BCH) and Bitcoin SV (BSV) in terms of price-performance in 2021, market data shows. Notably, BTC’s year-to-date (YTD) returns sat near 60% at press time as its price wobbled near…
“# Ethereum whales dumping ETH as price slides below $4K, data shows ” Ethereum is having difficulty keeping its richest investors in line as its native token, Ether (ETH), hints at logging more losses in the near term. Blockchain data analytics service Glassnode revealed that the number of Ethereum addresses holding at least 1,000 ETH…
“# Bitcoin rises above $51K as the dollar flexes muscles against the euro ” Bitcoin (BTC) regained its bullish strength after reclaiming $50,000 last week and continued to hold the psychological level as support on Dec. 27. Meanwhile, its rival for the top safe-haven spot, the U.S. dollar, also bounced off a critical price floor,…
“# Bitcoin ‘death cross’ that pushed BTC price to $28.8K reappears ” A technical sell signal is about to appear on the Bitcoin (BTC) daily chart. On Dec. 18, the BTC price will experience a death cross, a market indicator that occurs when a short-term moving average slips below a long-term moving average. In this…
“# Avalanche eyes 60% rally as AVAX price breaks out of bull flag ” Avalanche (AVAX) strengthened its case for a potential upside run towards $160 in the coming sessions as it broke out of a classic bullish pattern earlier this week. Dubbed “bull flag,” the pattern emerges when the price consolidates lower/sideways between two…
“# YFI price gains 46% in just four days after Yearn Finance’s $7.5M buyback ” Yearn Finance (YFI) emerged as one of the best performers in the crypto market this week, rallying by over 46% in just four days to reach a two-week high above $29,100. YFI/USD daily price chart featuring its four-day bull run….
“# 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…
“# Cardano: ADA price eyes 30% rally with a potential ‘triple bottom’ setup ” Cardano (ADA) may rally by nearly 30% in the coming days as it hints at forming a classic bullish reversal pattern. Sharp ADA rebound underway Dubbed “triple bottom,” the pattern typically occurs at the end of a downtrend and consists of…