Bitcoin is moving sideways on the higher range of $30,000 with bullish indicators in lower timeframes. The bulls expect a break-out on the previous support, now turned resistance, around $40,000. In the past day, the first cryptocurrency by market cap recorded a low at $33,000 and currently trades at $38,3000. But while the outlook is […]
Bitcoin has been hit by another succession of FUD. At the time of writing, the first cryptocurrency by market cap sits at the higher area of $30,000. Price action is still choppy and uncertainty about a persistent downside trend appears to be taking a toll on the bulls. A report published by investment firm Coinshares, […]
Ethereum Classic has been one of the year's best performers, with the alt recording YTD returns of 1,247% at press time. That is an astonishing figure, especially since the alt, at the time, was 45% o
This week, Bitcoin crashed by 50%. Videos spread across TikTok and Twitter of college age men crying as the money that was supposed to go toward tuition was instead evaporated. The market is in chaos. Yet this is nothing for the cryptocurrency asset class. Here’s why the crash was so impactful despite the percentages themselves […]
Ethereum noted its biggest weekly drawdown since March 2020 after its descent from $43,75 was met at a low of $1880. Several factors played a role during the meltdown, with BTC's decline driving the m
TL;DR Breakdown Cardano price undergoes bullish reversal that pushes it above the 50-day SMA. Apart from ADA, the majority of coins are struggling to overpower the 200-day SMA. Cardano breaks into a head and shoulder pattern on the 4-hour chart Cardano Price Prediction: General price overview Cardano(ADA) posted a remarkable recovery on the 24-hours daily […]
Despite the market crash, ARK Invest Analyst @yassineARK points out that Bitcoin is still +400% up compared to this time last year. A look back to that period shows BTC priced at $9.5k, and uncertainty over the “corona-crash” was dominating sentiment. “Even down 40% from its peak, Bitcoin is up 400% in the last year. […]