Cryptocurrency Analysis and News Portal
After the block reward halving, many analysts in the Bitcoin space expected a “death spiral.”The term is one created by a professor who, in 2018 speculated that BTC could fall to $0 due to a collapse in miners. A “death spiral,” per the journalist, takes place when Bitcoin miners leave
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Tron price formed a strong support base above $0.0150 against the US Dollar. TRX is currently up over 5% and it seems like the bulls are aiming a larger rally in the near term.Tron price is gaining traction and it is trading nicely above $0.0168 against the US dollar.The price
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Ethereum is struggling to clear the $230 resistance level against the US Dollar. ETH price is showing positive signs and it seems like a close above the 100 SMA (H4) could trigger a fresh rally.ETH price is slowly moving higher towards the $230 resistance against the US Dollar.A close above
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Bitcoin is currently correcting higher from the $8,813 swing low against the US Dollar. BTC is trading above $9,000, but it is facing many hurdles near $9,200 and $9,300.Bitcoin started an upside correction after trading to a new monthly low at $8,813.The price is recovering nicely and it is trading
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Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks, which exposed it to some intense downwards pressure yesterday.It has been able to post a swift recovery from its daily lows, and has remained firmly within its long-held consolidation phase within the $230 to $250
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Ethereum gained traction above the $245 resistance, but it struggled to clear the $250 resistance against the US Dollar. ETH price is likely to find support near $245 and it could rally again.Ethereum traded to a new intraday high after a spike above the $245 resistance.The price is currently retreating
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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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Litecoin retreated from the $50.00 resistance and found support near $45.00 against the US Dollar.The price is currently rising and it could surge if it clears the $48.00 resistance.There is a major bullish trend line forming with support near $46.50 on the 4-hours chart of the LTC/USD pair (data feed
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Bitcoin is currently correcting higher from the $9,300 support against the US Dollar. BTC price must clear the $9,740 and $9,800 resistance levels to continue higher in the near term.Bitcoin is currently showing a few positive signs above the $9,500 and $9,600 levels.The price is likely to gain bullish momentum
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Bitcoin is up more than 5% and it broke the main $10,000 resistance against the US Dollar. BTC price could correct lower in the short term towards $9,950 before it starts a fresh increase.Bitcoin rallied recently and broke many key hurdles near $9,950 and $10,000 (as discussed yesterday).The price traded
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