Wednesday, July 3, 2024
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The floppening? Ethereum price weakens post-Merge, risking 55% drop against Bitcoin

Ethereum's native token Ether (ETH) has been forming an inverse-cup-and-handle pattern since May 2021 on the weekly chart, which hints at a potential decline against Bitcoin (BTC). ETH/BTC weekly price chart featuring inverse cup-and-handle breakdown setup. Source: TradingViewAn inverse cup-and-handle is a bearish reversal pattern, accompanied by lower trading volume. It typically

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Cardano gets listed on Robinhood but ADA bulls are running out of steam, risking 40% drop

ThCardano (ADA) market has witnessed back-to-back pieces of good news since Aug. 31, from its listing on Robinhood, a U.S.-based retail investment platform, to the release of its first lending and borrowing protocol, Aada Finance.Additionally, Cardano developer IOHK stated that they are close to clinching "three critical mass indicators" that would lead

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Ethereum sell-off resumes with ETH price risking another 25% decline in June

Ethereum's native token Ether (ETH) slumped on June 16, suggesting that its relief rally coinciding with the Federal Reserve announcing it will hike the benchmark rate by 0.75%, is at risk.Ether bulls trapped?Ether's price slipped by 9.2% to around $1,120 per token a day after it rebounded by 23% after dropping to

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Tesla is Risking Lives by Reopening Gigafactory Amid Coronavirus Outbreak

Tesla has reopened its Gigafactory in Shanghai amid the massive coronavirus outbreak in China. Why is Elon Musk engaging in such a reckless and immoral strategy? The company needs to meet its optimistic guidance forecasts to keep the stock from crashing. How far will Elon Musk go to keep his Tesla (NASDAQ:TSLA) stock

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Bitcoin Just Dropped Below $6,500: Why It’s Risking a Big Fall to $5,000

Bitcoin has closed below its long-term support as it dropped to $6,430 on BitMEX.The breakdown brings the cryptocurrency’s 200-weekly moving average in view as the next pullback target.The said MA in December 2018 had capped the asset’s downtrend from flourishing.As of now, it sits near the lower-$5,000 levels.Bitcoin risks plunging

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