Many of the market’s cryptocurrencies were unable to hold on to the price gains seen over the last few days. For Ethereum, for instance, it has been a particularly mixed week of trading, with ETH finally moving past the $2300 resistance level, before dipping below it once again. At press time, however, the coin had …
Ethereum, Polkadot, Chainlink Price Analysis: 06 July Read More »
Despite an optimistic market, Bitcoin fell by 8.4% over the last 24 hours. The effects of this fall were observed on the market’s altcoins as well, with the likes of Dogecoin, Polkadot, and Uniswap noting some corrections. Uniswap made some headlines earlier today by becoming the first exchange to be supported by CoinMarketCap’s newly launched …
The Bitcoin price has marched 21% within a day. The recovery has pushed the value of the largest digital asset to $36k, however, the altcoins have not seen a bullish shift in price. XRP, Cardano [ADA], and Uniswap [UNI] either continued to consolidate or plunge due to the bearishness in the market. However, going forward, …
Ethereum’s price has been inching towards higher ground after it turned bouncing off of support at $2,584. The price surged by 9.36% within a day and ETH was trading at $2,784. As Ethereum moved along this price range, there could be a small period of consolidation which may turn into a bearish trend in the …
More than two dozens of crypto influencers on Weibo suddenly found their accounts suspended by the Chinese social media company in what appeared to be a targeted censorship effort. Around 10:00 UTC time on Saturday, Chinese users on Weibo started to share that as many as 25 accounts of influencers and media outlets who had …
Bitcoin’s price slips as Weibo suspends crypto influencer accounts Read More »
Volatility across alts such as MATIC, Polkadot and Ethereum Classic remained low as Bitcoin traded below $38,000. However, these alts held on to key support marks and prepared for their next leg upward. MATIC Source: MATIC/USD, TradingView MATIC largely traded at the helm of $1.95 resistance over the past few sessions. ADX’s downtrend suggested that …
MATIC, Polkadot, Ethereum Classic Price Analysis: 31 May Read More »
Cardano was in jeopardy of a 20% fall in case of a descending triangle breakdown. ICP could move to the demand zone of $111-$85 over the coming sessions. Finally, the lack of buying pressure could see DOGE concede $0.291 to the sellers. Cardano [ADA] Source: ADA/USD, TradingView Several warning signs lay ahead for Cardano’s short-term …
The XRP market has been responding to the updates in the ‘Ripple v SEC’ lawsuit. Although the proceedings seem like a never-ending game, XRP’s value has been striving to breach the $1 price level. Ethereum [ETH] was witnessing a period of low activity. Meanwhile, Dogecoin [DOGE] has kept the traders on their toes as it …
The price of ether, the native cryptocurrency of Ethereum, is significantly down from its all-time high this month, but May is still set to represent a record-breaking month for ETH miners. Data collected by The Block Research shows that as of May 23, ETH miners have hauled in some $1.93 billion in revenue. Of that …
Ethereum mining revenue set for record-breaking month despite price declines Read More »
Over the past 4 days, Binance Coin has consistently tested a support range between $275 and $285 on the daily chart. While other major assets have indicated a higher wick on each day going forward (besides XRP), the correction levels for BNB have been similar. While it may solidify the bottom, it could also lead …