Ether's Failure to Break Through 100-Day Price Average Clouds Bullish Outlook
Ether's trajectory is suddenly in doubt after it failed to push past a key technical threshold on price charts. Source
Read MoreEther's trajectory is suddenly in doubt after it failed to push past a key technical threshold on price charts. Source
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Read MoreAdditionally, the Average True Range (ATR) for BTC prices has been in decline since mid-June, indicating a narrower trading range. Also of note is BTC’s 10-period moving average crossing above its 20-period MA, as well as BTC prices themselves briefly touching the 50-period moving average. The decline in volume, however,
Read MoreOn-chain data shows the Bitcoin NUPL metric is back to a positive value, suggesting the market as a whole is back in profit. Bitcoin NUPL Latest Trend Could Signal The Bottom Is Already In As pointed out by an analyst in a CryptoQuant post, the BTC NUPL breaking above the neutral market
Read MoreSome analysts believe BTC’s consolidation above the SMA could propel the token’s recovery. Original Source
Read MoreEther's bounce above the 50-day average may be fleeting, one chartered market technician said. Source
Read MoreBitcoin (BTC) hovered at $22,000 at the July 18 Wall Street open as analysts warned that bulls would not break resistance in one go.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCan Bitcoin win back bear market support?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to consolidate after hitting highs of
Read MoreThe Ethereum (ETH) ecosystem’s biggest roadblock to mainstream dominance is often attributed to the extremely high transaction fees or gas fees it requires to complete a transaction. However, with Ethereum’s average gas fees coming down to 0.0015 ETH, the narrative is set to change. The average transaction fee on the Ethereum
Read MoreLewis kept his buy rating on all four mining stocks he covers – Riot Blockchain (RIOT), CleanSpark (CLSK), Core Scientific (CORZ) and Marathon Digital (MARA) – and remains optimistic about the longer-term outlook for the industry. “Not surprisingly, our BTC mining price targets are highly sensitive to our BTC price
Read More"Bitcoin held important cloud-based support near $40,000 and has generated an oversold 'buy' signal from the daily stochastics after a three-day rally, supporting a short-term bullish bias," Stockton said in an email. "The daily MACD is pinched as well, reflecting improved short-term momentum that supports a move higher toward next
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