Friday, April 26, 2024
Home > Profittaking

Chainlink (LINK) Price Tops $10 Amid Profit-Taking Signal From Rising Inflows to Crypto Exchanges, Blockchain Data Suggests

The token's price rallied about 9% in the past 24 hours, hitting $11 after trading sideways within roughly $5 and $9 range since May 2022. It has since given up some of its gains but has still managed to advance 43% over the past month, making it one of the

Read More

BTC may need to dip to $19.3K to cool Bitcoin profit-taking — new data

Bitcoin (BTC) would need to return below $20,000 to reset a key metric which covers speculative profit-taking, data shows.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode revealed that short-term holders (STHs) may be dictating BTC price resistance.Profit-taking reinforces resistance levelsAs BTC/USD climbed towards $25,000,

Read More

Capitulation or profit-taking? Bitcoin whale moves 32K BTC dormant since 2018

Bitcoin (BTC) worth over $600 million moved for the first time since the last bear market on Oct. 18, analysis has revealed.In a Twitter thread, monitoring resource Whalemap flagged a transaction involving 32,000 BTC.Buyer could be “willing to acquire” 32,000 BTC at $19,000In the latest sign that the current spot

Read More

Analysts say Bitcoin price pullback and profit-taking at $50K ‘was expected’

The euphoria seen across the cryptocurrency ecosystem over the past couple of weeks was tampered down on Aug. 26 as an early morning attempt by bulls to push the price of Bitcoin to $50,000 was soundly rejected. Data from Cointelegraph Markets Pro and TradingView shows that following its rejection, the price

Read More