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Stellar (XLM) has been incurring massive upside throughout the past couple of weeks, with the token’s price surging to fresh yearly highs just days ago.It is currently expressing some signs of weakness, however, as the token’s price recently faced a grim rejection that has since sparked an intense price decline.Analysts
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Bitcoin is maintaining its interim support level near $9,100, but an analyst expects the price to break bearish towards $8,500.The trader forecasted the downside move days after Bitcoin established a second-quarter top near $10,500 on June 1.The cryptocurrency has since accurately moved as predicted, further raising the possibility of a
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There have been many optimistic Bitcoin traders that have been expecting an imminent break into a bull market. Yet an analyst has said that it may be until the end of 2020 that the cryptocurrency markets enter a full-blown bull phase.Related Reading: Crypto Tidbits: Bitcoin At $9k, Grayscale Ethereum Trust,
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In brief:Earlier today, BTC posted a local peak of $9,787.Bitcoin has been oscillating between $8,900 and $9,800 for over a week. BTC is still highly correlated to the S&P 500. Perhaps it is time the correlation worked in favor of Bitcoin to boost it above $10,000. In the last 24 hours, Bitcoin has
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Ethereum is stable above the $230 and $225 support levels against the US Dollar. ETH price seems to be eyeing a major bullish break above $238 and $240.Ethereum is currently attempting an upside break above $234 and the 100 hourly simple moving average.The price is likely to remain well bid
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Can build a better blockchain by paying people to burn one down? Beniamin Mincu, Transylvanian chief executive and founder of the Elrond Network, is in the midst of a 15-day campaign to do just that. Nearly two years after first revealing his “secure proof-of-stake” sharding protocol in a technical white paper,
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Ethereum started a fresh increase from the $235 zone against the US Dollar. ETH price is now trading nicely above $240, but it is still struggling to gain momentum above $245 and $250.Ethereum is trading well above the $240 support and the 100 hourly simple moving average.The price must surpass
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[sociallocker id="55298"] The price of Bitcoin (BTC) has been trying to break above the psychological barrier of $10,000. However, during the week, it failed to go through this resistance. This “fakeout” caused a significant portion of the market to shift from a bullish bias to a bearish bias.Is such a
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[sociallocker id="55298"] As bitcoin struggles to break out of the range it’s largely been stuck in for more than a month, some investors are looking ahead to Thursday’s European Central Bank meeting for fresh monetary stimulus that might underscore the cryptocurrency’s potential as an inflation hedge. Prices for bitcoin shot up
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Ethereum is trading in a strong uptrend above the $230 pivot zone against the US Dollar. ETH price is likely to continue higher above the $245 and $250 resistance levels.Ethereum started a downside correction from the $250 resistance zone.The price corrected below the $240 level, but it found support near
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