Buyers

Ethereum: Buyers and sellers parley at $3,000 as symmetrical triangle takes shape

Ethereum: Buyers and sellers parley at $3,000 as symmetrical triangle takes shape

Ethereum was in a delicate position on the charts. Trading between its EMA Ribbons and the 200-SMA (green), ETH faced pressure from either side. However, bulls needed to go the extra mile to save ETH from additional drawdowns. A close above $3,200 would help flush out majority of sellers and present opportunities for bullish traders. …

Ethereum: Buyers and sellers parley at $3,000 as symmetrical triangle takes shape Read More »

Market Wrap: Crypto Market Cap Breaks $1.5T as Buyers Show Up for the Dip

Market Wrap: Crypto Market Cap Breaks $1.5T as Buyers Show Up for the Dip

Bitcoin has fully pared losses from Sunday’s dip as the leading cryptocurrency fell from around $48,600 to below $46,000 early Monday morning. As of 21:00 UTC (4 p.m. ET), bitcoin was trading above $48,600 on Coinbase. But the leading cryptocurrency still has yet to trade above the psychologically significant $50,000 mark.  Much of bitcoin’s choppy …

Market Wrap: Crypto Market Cap Breaks $1.5T as Buyers Show Up for the Dip Read More »