The latest crash of Ethereum spread panic among investors throughout the market especially, when the second-largest cryptocurrency on the market fell below the $1,000 mark. However, other investors feel ETH has not yet bottomed and the market should be prepared for another decline. Daniel Cheung, Co-founder of Pangea Fund thinks that the worst months for...
“We are in the midst of the fifth of these parabolic cycles. The first rule has already been met when in December 2020, we traded above the previous record high ($20,00), and the monthly candle doubled in size. However, the final two characteristics point to the possibility that Bitcoin has yet to fully correct from the current record high in the market. For...
Ripple has announced the CBDC Innovate challenge, with a total prize pool of $197,000. The Ripple CBDC Innovate challenge seeks to inspire programmers to build applications capable of running on the XRP Ledger and supporting retail CBDCs, interoperability and financial inclusion. The deadline for the first batch of submissions is expected to be August...
Dogecoin (DOGE), the most significant meme token, which continues to remain in the news thanks to the push from Elon Musk, fondly known as the 'Doge Father' by the masses. The token has rallied over 13 percent in the last 24 hours to $0.07768 from $0.06858, the data from Coinmarketcap suggested, with its market cap scaling more than the $10.3 billion mark. The...
Bitcoin tested resistance levels early today. A move through to $22,000 would support an extended rally through the afternoon session. On Saturday, bitcoin (BTC) rose by 1.20%. Following a 0.57% gain on Friday, bitcoin ended the day at $21,474. Bitcoin logged a three-day winning streak for a second time this week. A bullish start to the day saw bitcoin rise to a...
SHIB was trading by as much as 10% higher on Saturday, as crypto markets were mainly in the green. NEAR was also higher on Saturday, prices having now risen for three consecutive sessions. Overall, crypto markets are up 2.73% as of writing. SHIB was one of the notable movers in crypto markets on Saturday, as prices rose by over 10% to start the weekend. The...
Solana looks exactly like Polkadot with one small difference... Notice the "W" pattern with a higher low. We have the rejection, twice, at EMA100. And now we see prices challenging/fighting/holding this level. This is the decision point or consolidation phase. It is the flip of a coin but based on what we've been tracking, we are leaning bullish after a higher low.
Bitcoin surged past $20,000 Sunday afternoon to $20,580 a coin, a 16.9% gain off its Saturday lows. The rally comes just one day after bitcoin ( BTC ), the largest cryptocurrency by market capitalization, fell below $20,000, its lowest price since November 2020. As of press time, bitcoin was trading at about $20,383 a coin. Bitcoin’s price surge reflects...
Since its founding in 2015, Ethereum has skyrocketed nearly 153,000% to an all-time high price of $4,892 in November 2021. However, with the overall decline in the cryptocurrency market, the world's second most valuable digital asset now sells for $1,077 per token as of this writing. Reaching $5,000 per token would equate to a 364% return from today, and it would...
Today I want to to talk with you about the BTC chart. Last few months/weeks/days BTC traded in a downtrend. I think the local bottom for BTC was 17500 USD and now the price can back above 20k. And I think the price also can go to my target around the level $22,500 So, I'm waiting for this scenario. This is my opinion, I really hope this will be useful for...
Ripple (XRP) bounced off $0.66 on Feb. 2 and the bulls pushed the price above the 50-day SMA ($0.72). The buyers will now attempt to clear the overhead hurdle at $0.75. If they manage to do that, the XRP/USDT pair could rise to the downtrend line. The bulls will have to push the pair above this line to indicate that bulls are back in the game. The pair could then...