Cryptocurrency Analysis and News Portal
The Altcoin Index Perpetual Futures broke out of a major resistance level in the past week, which may indicate that due to the strong momentum in the crypto market, major altcoins are in a prime position to sustain their upward movement.$ALT perp:Breakout ✅Retest ✅Consolidation ✅Continuation ✅ pic.twitter.com/V3Q3Kv9fwy— The Crypto Monk
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Major crypto assets like EOS, Litecoin, and Ethereum are up by around five percent on average, and investors have been quick to call the start to an altseason.In crypto, an altseason refers to when so-called alternative cryptocurrencies begin to surge in value amidst rising momentum in the market.Many crypto assets
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Bitcoin rallied more than 5% and broke key hurdles near $8,250 and $8,500 against the US Dollar. BTC price might continue to rise towards $8,780 and $8,800 in the near term.Bitcoin price is gaining bullish momentum above the $8,400 resistance against the US Dollar.There was a crucial upside break above
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Bitcoin SV price rallied more than 20% recently and climbed towards the $200.00 resistance. BSV is currently trading with a strong bullish bias and it could even surge above $200.00 and $205.00.Bitcoin SV price is up more than $100.00 this month and doubled in the value against the US Dollar.The
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Ethereum is gaining bullish momentum above the $145 resistance versus the US Dollar. ETH is likely to surge above the $148 and $150 resistance levels, while bitcoin already broke the key $8,400 resistance.Ether price is showing a lot of positive signs above the $142 and $145 levels against the US
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Over the weekend, the bitcoin price spiked to as high as $8,200 prior to the highly anticipated weekly close. Despite it being the first strong breakout since November 2019, there was not enough buying demand to push it to higher levels.Many traders expected bitcoin to hit upper resistance levels including
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According of a research report from BitMEX, the largest cryptocurrency margin trading platform in the global market, the usage of the lightning network on bitcoin has surpassed expectations.More than 60,000 lightning network non-cooperative channel closures were recorded, and around 6,000 BTC were spent for closure transactions.The lightning network is a
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Bitcoin price is confined in a range below the key $8,200 resistance against the US Dollar, suggesting a short term accumulation phase. BTC could either rally above $8,200 or it might dip to $7,700 before a decent bounce.Bitcoin is moving in a range between $8,200 and $8,000 against the US
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Ripple is facing hurdles near the $0.2200 resistance against the US Dollar, similar to bitcoin near $8,200. XRP price is declining, but the bulls are likely to protect $0.2080 and $0.2070.Ripple price is correcting lower after it failed to surpass the $0.2200 resistance against the US dollar.The price remains well
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The bitcoin price looked to be en route of surpassing a key resistance level at $8,250 that would leave it open to testing $9,000 and levels higher above it. But, the weekly close below $8,500 may leave it vulnerable for a steep pullback.In short-term trading, a weekly close is considered
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