Why Momentum Trading Works In Crypto
Crypto markets have specific characteristics that align with a strategy of riding momentum in price movements. Source
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Momentum
Bitcoin (BTC) Price Up 14% This Week as ‘Uptober’s’ Bullish Momentum Spreads to Crypto Market
"Big tech is expensive, and following underwhelming results this week, the sector no longer grows fast enough to justify premium prices," he said. "Admittedly, they had plenty of room to reduce costs, but real growth comes from sales rather than costs." Source
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Solana gaining momentum according to Nansen report
Following FTX’s collapse, Nansen on-chain data shows that SOL has outperformed ETH, emerging as the preferred investment choice. At the same time, Kaiko, an alternative source of cryptocurrency market data, reports that Solana is still suffering the effects of the exchange’s bankruptcy. Looking forward According to recent findings from Nansen, Solana’s Total Value Locked has
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Will Bearish Momentum Push It Below $0.06?
Dogecoin (DOGE) finds itself at a critical juncture. The $0.06 support level, a longstanding stronghold for buyers since early June, now faces
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Market turns green with BTC’s bullish momentum, BSV and eCash surge
The global crypto market has gained bullish momentum as investors hop on the “Uptober” bus — a bullish term used by traders. According to data provided by CoinMarketCap (CMC), the global crypto market capitalization has risen by 0.82% in the past 24 hours, reaching a six-week high of $1.09 trillion. The
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Ethereum Price Registers Breakout But Lacks Momentum, $1,620 Is The Key
Ethereum price is attempting a fresh increase above $1,650 against the US Dollar. ETH could accelerate higher if it clears the $1,670
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EUR/USD Pair Loses Momentum as Stronger Dollar and Economic Data Weigh In
The US Census Bureau reported that Durable Goods Orders in August improved by 0.2% month-on-month (m/m) following a 5.6% decline in the previous reading. The EUR/USD currency pair, one of the important barometers of global economic sentiment, found itself under pressure during the early Asian session earlier today, struggling around the
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Will Bullish Momentum Or Bearish Pressure Prevail?
Litecoin (LTC) has spent the past week trading within a tight price range, with its value hovering steadily around the mid-range point
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Bitcoin price eyes $28K as Binance legal battle spurs bullish momentum
The ongoing legal battle between the Binance cryptocurrency exchange and the U.S. Securities and Exchange Commission (SEC) took a surprising turn on Sep. 18. Magistrate Judge Zia M. Faruqui rejected the SEC's request for access to Binance.US's systems. Instead, the Federal Magistrate suggested that the SEC should formulate specific discovery
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Ethereum Price Lacks Momentum Above $1,660, ETH Holders Are Safe: Here’s Why
Ethereum price is still struggling to gain pace above $1,670 and $1,680 against the US Dollar. ETH must stay above $1,620 to
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