Bitcoin, the largest cryptocurrency recently gathered some strength to push outside the resistance zone. At press time, BTC surged more than 4% to reach the $37.7k mark. This might sound decent however, the king coin suffered major blow from its previous ATH, $64k last year. Indicators still signal at a bearish trend concerning BTC. Fear […]
Virtually all cryptocurrencies have reached oversold regions. Some are consolidating for a possible rebound. Could the downtrend be over when cryptocurrencies are oversold? When to expect buyers to emerge in the oversold region?
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The crypto-market still remains strongly bearish, and fear is being felt by many market participants. It is not unlikely that Bitcoin could drop further in the days and weeks to come. However, in the short […]
After trading lower for the majority of Monday’s session, cryptocurrency prices were slowly starting to find support, with a few markets rallying, as we headed toward the end of the day. Cosmos One such crypto was cosmos (ATOM), which was the biggest gainer in the top 20, climbing by almost 10% to start the week. […]
With the price of Bitcoin sliding down 50% since the November peak, investor sentiment became increasingly negative, and the focus from making ATH predictions shifted to debates about its rebound potential.
The bulls had a lot of work to do to sustainably reclaim their lost support levels over the past week. They needed to infuse funds on increased volumes to stall the swift downturn. While changing the perception seemed like a mammoth task, Bitcoin Cash and Filecoin saw new lows on 24 January. MANA bears, on […]
The selloff in cryptocurrencies continued to start the week, with bitcoin falling to its lowest level since July. Ethereum was also trading in the red, hitting multi-month lows in the process. This comes as the overall global market cap in cryptos was down close to 9% at the time of writing. Bitcoin Bitcoin (BTC), which […]
ETH/USD tumbled on Monday following the bear attack on Wall Street. NASDAQ dives 3% as the prospect of a Russian attack on Ukraine posed another threat for traders already worried by aggressive US policy tightening. At the time of writing, ETH/USD trades at $2,225.10, down 12% on the day. Luxor prepares to launch Ethereum mining
As the ‘fear’ sentiment got worse, Bitcoin lost over 8% of its value in a few hours. Consequently, Tron and Axie Infinity managed to hit new lows on 24 January. Also, these bearish candlesticks accompanied high volumes, hinting at a strong bear move. The bulls visibly failed to counter the selling pressure. But, is that […]