Ethereum Reaches Crucial Resistance: Technicals Hint A 5% pullback is Likely
Ethereum is currently correcting higher above $350 against the US Dollar. ETH price is now trading near a
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Bitcoin price charts hint at double-bottom, relief rally to $10,800
Last weekend was incredibly rough for most cryptocurrency investors as massive sell-offs occurred. The price of Bitcoin (BTC) dipped below $10K several times but seems to have found short-term support at this level. The primary question for the markets is whether a relief rally is around the corner or further downside
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Fed Chair Powell’s Jackson Hole Speech Could Hint at US Dollar’s Future
A speech by Federal Reserve Chair Jerome Powell scheduled for Thursday offers a reminder of just how dramatically once-slow-moving monetary forces have accelerated due to the devastating economic toll of the coronavirus pandemic. This time last year, President Donald Trump was vehemently criticizing Powell on Twitter for setting interest rates too
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Bitcoin Price Climbs to $11,200, But Three Factors Hint at a Pullback
The price of Bitcoin (BTC) has increased from $10,995 to over $10,200 in the past 12 hours. But while the momentum of BTC also pushed up the price of other top cryptocurrencies, including Ether (ETH), key metrics and technical patterns suggest the chances of a pullback are rising. Cryptocurrency market snapshot
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VeChain Surges to 2018 Levels, But These Metrics Hint the Run-Up Isn’t Over Yet
VeChain has been on a tear over the last couple of weeks. Since the beginning of the month, VET entered a bull run that has seen its price appreciate more than 149%.The blockchain-based supply chain management token went from trading at a low of $0.0088 to hit a new yearly
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Bitcoin Volatiliy Levels Hint “Great Sell-Off,” Skew Data Finds
Bitcoin 10-day realized volatility reaches 20 percent for the first time since November 2018, according to data collected by Skew.The dip follows the cryptocurrency’s sideways consolidation moves in a narrow trading range across the last two weeks.Skew alerted the current volatility levels risks a “great sell-off,” citing a similar downside
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Research: Bitcoin Volatility Reaches 1-Year Low, May Hint Big Move is Near
According to Skew, the implied volatility of Bitcoin reached a 1-year low at 46%. The last time BTC’s volatility reached such a low point, a big price movement followed.Researchers said:“BTC 1month ATM Implied Volatility reaches a 1-year+ low at 46%.”The volatility of Bitcoin last dropped to around 50% in the
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Bitcoin Whales’ Exchange Withdrawals Hint at 5-Digit Prices in July
Bitcoin (BTC) investors should buy BTC when whales do one thing in particular — bull runs begin several months later.That was the latest insight from Ki Young Ju, CEO of on-chain analysis resource CryptoQuant, who revealed that when whales withdraw Bitcoin from exchanges, it’s time to enter the market.Analyst: Buy
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Bitcoin At Risk of Correction at $9.1k as U.S. Futures Hint a Sell-Off
Bitcoin is holding its intraday gains above $9,100 on Thursday.But the cryptocurrency risks downside correction as the U.S. futures hint at a shaky start after New York opening bell Thursday.The unsteadiness surfaced as China approved a proposal for a national security law in Hong Kong, raising possibilities of a new
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Bitcoin Price Charts Hint at the Most Exciting Breakout in Over a Year
The price of the top-ranked cryptocurrency by market capitalization, Bitcoin (BTC), is set to explode in the coming week providing the weekly candle opens above $9,200. This would signal the end of a 46-week descending channel that BTC/USD has been locked in since it nearly tapped $14,000 in the summer
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