Cryptocurrency Analysis and News Portal
A rebound rally in the Terra (LUNA) market this week risks exhaustion as the price retests a key trendline for a potential pullback.Descending channel risks LUNA declineLUNA has been trending lower inside a falling channel—made up of two parallel descending trendlines—since December 2021. In doing so, the Terra token typically
Read More
Terra (LUNA) has fared better than its top crypto rivals when it comes to withstanding the negative market impacts of the ongoing Ukraine-Russia conflict.LUNA's price rallied nearly 18% this week to over $58, more than Bitcoin (BTC), whose returns in the same period came out to be a little over
Read More
A recent price boom in the Tezos (XTZ) market risks exhaustion as it triggers a classic bearish pattern.Dubbed as Ascending Broadening Wedge, the pattern develops when the price oscillates between two upward but diverging trendlines. According to its creator Thomas Bulkowski, these Wedges tell less about buying exhaustion and more
Read More
Bitcoin price has been consolidating since mid-May, where a lot of events making an impact on BTC happened. Bitcoin (BTC) price climbed as high as $40,499 on July 26, 2020, adding approximately 5.52% during the day. The digital asset, however, closed yesterday trading at $37,337 according to Binance-backed
Read More
As new institutional and retail investors enter the cryptocurrency space on a daily basis, large-cap top performers like Bitcoin (BTC) and Ether (ETH) attract the lion's share of investor's attention as they are the well-known 'secure' blockchain projects. Once these new investors get a taste of the mainstay cryptocurrencies and how
Read More
Cryptocurrencies rallied Wednesday, led by gains in the Bitcoin and the Ethereum markets as traders pinned hopes on additional stimulus packages in the United States. The cost to purchase one Bitcoin shot past $36,000 while Ethereum’s native token Ether notched a new record high at $1,574. Other large-cap tokens, including Polkadot’s
Read More
Ethereum saw a massive breakout rally today that came about alongside Bitcoin BTC’s surge from $32,000 to highs of $38,500 came about as the result of Elon Musk changing his Twitter bio to “#Bitcoin” and calling the change “inevitable” in hindsight This dragged all the major altcoins higher, but the focus remains
Read More
Bitcoin and the aggregated crypto market have seen some mixed price action over the past few days, with
Read More
The Dow Jones scored its third straight daily gain on Thursday. Awful economic data releases continue to create no headwinds for a buoyant U.S. stock market. Dow bulls are banking on a big third quarter, with little margin for error. Dow bulls ignored another wave of titanic unemployment claims
Read More
The Dow Jones rallied more than 300 points on Wednesday, erasing most of the previous day’s losses. Stock market bulls ignored several big warnings from the Federal Reserve and World Health Organization. The Dow is proving remarkably resilient as Donald Trump gets tough on China. The Dow Jones leaped
Read More