Ethereum Smashes Heavy Resistance: Next Bullish Levels Traders Should Watch
Ethereum gained bullish momentum above the $406 resistance against the US Dollar. ETH price is up over 5%
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Bullish
Ethereum price rallies above $400 resistance on bullish ETH options data
Ether (ETH) options open interest grew by 230% to reach $393 million in the past three months. Although this is an impressive figure, it doesn’t fully reflect how the derivative instruments being used.Ether options open interest, USD. Source: SkewStrike levels appear bullishThe first thing one should take note of is
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Analysts Flip Bullish on Chainlink After Breaking Above Critical Resistance
After an extended period of consolidation, Chainlink’s price is finally breaking out as it begins navigating back up
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Crypto market remains bullish as $1B in Bitcoin derivatives expire
Bitcoin derivatives witnessed a major expiry event with a notional value of over $1 billion. Today, $272 million of Bitcoin futures expired on the Chicago Mercantile Exchange, while over 65,000 Bitcoin options contracts expired across Deribit, CME and OKEx, having a notional value of over $740 million.Usually, major expiry events
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Stock Market Euphoria Peaks – But a Correction Shadows Bullish Earnings
The U.S. stock market marches forward with strong momentum buoyed by optimistic earnings from tech giants. While there are no clear signs of correction, strategists see the emergence of warning signs as the markets enter a phase of “euphoria.” Economists foresee a continuous increase in the U.S. liquidity, which might offset risks
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Indicator Signals Short-Term Top, But Final Bullish Impulse Is Possible
Bitcoin price is up well over 60% year-to-date, and has recovered 200% from the Black Thursday low. The
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Analyst Who Predicted Bitcoin’s $3,000 2018 Low Thinks Ethereum Is Bullish
Bitcoin and Ethereum are bouncing higher after this week’s strong correction to the downside of 9% and 14%,
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Analysts Fear a Strong US Dollar Will Dampen Bitcoin’s Bullish Momentum
On Aug 21, Bitcoin (BTC) price declined by more than 3% from around $11,880 to $11,511 on Coinbase. Coincidentally, the U.S. Dollar Index (DXY) started to rebound from its 4-month downturn.BTC/USD daily chart. Source: TradingView.comAs the dollar increased by 1.3% from $92.28 to $93.20, Bitcoin, major cryptocurrencies, and gold fell
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Analyst on Why Ethereum’s Bullish Market Structure Is Intact After Strong Drop
Like most other crypto assets, Ethereum has slipped lower over the past four days. After peaking on Monday,
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Chainlink is About to Post a Bullish Trendline Break as Buyers Take Control
Chainlink has seen a swift rebound today after posting some intense weakness yesterday. This has allowed it to
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