Cryptocurrency Analysis and News Portal
Bitcoin (BTC) lost a key bear market trendline last week as it shed almost 12%, but other chart data offers a silver lining for bulls.As noted by popular Twitter user Dave the wave on Aug. 24, long-term moving averages (MAs) are about to repeat classic bullish behavior.Analyst: Bulls could be
Read More
Bitcoin (BTC) hovered above $43,000 on Feb. 11 as volatility waned after a fresh local peak.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSupport and resistance zones narrowData from Cointelegraph Markets Pro and TradingView showed BTC/USD awaiting a trigger to test either support or resistance nearby as Wall Street opened on Feb. 11.The
Read More
Ethereum fees remain high as the network continues to see some of the highest traffic in the industry. Daily transaction volumes put Ethereum in the billions per day and all of these transactions carry a higher than average fee. This fee structure which has caused concern among users seems to
Read More
Yearn.finance (YFI) has surged higher in the past 24 hours despite stagnation in the price of Bitcoin and
Read More
Ethereum has seen some slight weakness throughout the past couple of days. This has come about despite the
Read More
Bitcoin recently made a “Golden Cross” where the 50-day moving average closed above the 200-day moving average, a positive development for traders who sees it as a very bullish indicator. However, the benchmark cryptocurrency fell sharply right after forming the bullish crossover.The bitcoin-to-dollar exchange rate slipped below both the 50-
Read More
The golden cross and death cross have long helped traders predict and confirm long-term price trends. Here’s a primer for crypto investors. Source
Read More