Cryptocurrency Analysis and News Portal
XRP (XRP) has risen by an impressive 60% in the first quarter of 2023, helped by rising speculation over Ripple's legal win versus the U.S. Securities and Exchange Commission (SEC) and broader bullish sentiment in the cryptocurrency market.The XRP/USD pair now eyes more gains in the second quarter, primarily due
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Bitcoin (BTC) saw another failure to exit a tight trading range into April 6 as $28,000 again hung in the balance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysis sees traders "compressing" BTC priceData from Cryptox Markets Pro and TradingView showed BTC/USD trading below the the $28,000 mark at the time of
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Monero climbed for a third consecutive session on Thursday, as the token moved marginally closer to a six-week high. This rise in price comes despite the fact that the global market cap mostly consolidated, and is trading just 0.50% higher as of writing. As for LINK, chainlink bulls have so
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“From a technical aspect, the current price action is overheated and we could see a correction toward $25K in the near term. The major market mover will most likely be FOMC, in about 3 days, where the majority of the analysts believe we will see a 25 bps hike at
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The price of Bitcoin (BTC) increased by 28% between March 12-14, reaching $26,500, its highest level since June 2022. Some may attribute the gains to the consumer price index's (CPI) 6% year-over-year increase in February, even though the figure was in line with expectations.The inflation metric reached its lowest level
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The price of Ether (ETH) declined 9.8% between Feb. 19 and Feb. 25 after the price resistance at $1,725 proved stronger than expected. Still, the correction was insufficient to break the 6-week-long ascending channel and did not cause Ether derivatives metrics to turn bearish.Ether (ETH) price index in USD, 1-day.
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The price of Ether (ETH) rallied 18% between Feb. 13 and Feb. 16 but has since been range trading near the $1,700 level. Despite the recent price improvement, Ether derivatives metrics remain neutral-to-bullish ponder the investors the tighter regulatory environment and the potential impact of Ethereum’s Shanghai upgrade.Investors' biggest concern right
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Ether (ETH) fell short of a bullish breakout based on technical and on-chain analysis, suggesting that the consolidation below the $2,000 price level could continue in the medium term. At the same time, a lack of sellers and strong fundamentals will likely protect Ether from steep declines.Ethereum encounters resistance at
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The total crypto market capitalization rejected at $1.13 trillion on Feb. 16, but there was no change in the month-long ascending channel structure. More importantly, this level represents a 43% gain in 2023, which is far from the $3 trillion level achieved in Nov. 2021. Still, the current recovery is
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Bitcoin (BTC) preserved its active trading range into the Feb. 1 Wall Street open as markets looked to the day’s key macroeconomic data.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$23,500 becomes level to beat for Bitcoin bullsData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued to move in
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