Cryptocurrency Analysis and News Portal
The Fear and Greed Index (FGI) for crypto is currently neutral at 53. The last time it was at this level, a 30 percent drop occurred for bitcoin in November 2019 from $9,400 to $6,410.The signaling of the indicator follows a swift six percent drop from $9,100 to $8,500, which
Read MoreBitcoin failed to extend gains above $9,200 and started a downside correction against the US Dollar. BTC price tested the $8,500 support and it could bounce back.Bitcoin price is down more than 5% from the $9,186 high against the US Dollar.The $8,500 support area could play an important role in
Read MoreRipple extended its rise above the $0.2450 resistance against the US Dollar, similar to bitcoin above $8,800. XRP price topped near the $0.2540 area and recently corrected lower.Ripple price is down more than 6% and broke the $0.2400 support against the US dollar.The price is now trading below $0.2350, but
Read MoreThe bitcoin price dropped by six percent from $9,060 to $8,505 across major crypto exchanges including Binance in just five minutes. It is the steepest drop in terms of time to decline percentage ratio at least in the past two months.What caused the bitcoin price to drop so suddenly?The biggest
Read MoreThe entire crypto market has been on a tear over the past week, gaining dozens of percent. But altcoins like XRP, especially, have done rather well. In fact, the third-largest cryptocurrency over the past week gained over 15%, per data from Coin360.Although this price surge has brought XRP to only
Read MoreBitcoin is climbing steadily above $8,800 and $9,000 against the US Dollar. BTC price could start a massive rally towards $10K and $11K if there is a daily close above $9,300.Bitcoin price is gaining momentum above the $9,000 resistance area against the US Dollar.A new 2020 high is formed near
Read MoreEthereum gained bullish momentum above the $170 resistance against the US Dollar, and bitcoin jumped above $9K. ETH price is likely to continue higher towards the $195-$200 resistance area.ETH price is showing a lot of positive signs above the $165 and $170 levels against the US Dollar.The price traded to
Read MoreAfter Bitcoin (BTC) rocketed from $3,000 to $14,000 in the span of six months, analysts have been sure that the cryptocurrency would never revisit the $3,000s again. Indeed, the logarithmic price curve that has contained the asset’s price action for the past decade predicts BTC will never again hit $3,000.But,
Read MoreAfter Bitcoin (BTC) rocketed from $3,000 to $14,000 in the span of six months, analysts have been sure that the cryptocurrency would never revisit the $3,000s again. Indeed, the logarithmic price curve that has contained the asset’s price action for the past decade predicts BTC will never again hit $3,000.But,
Read MoreBitcoin is technically still in a bearish trend. It is down by more than 30 percent since the 2019 yearly high when it surpassed $13,000. This month will decide whether BTC enters a new extended bull market or falls back into a bear market.It all depends on the monthly close
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