Cryptocurrency Analysis and News Portal
MATIC is trending sideways after bottoming out in mid-March.The underperforming token is, nevertheless, flirting with key resistance area to pursue a breakout.Favorable fundamentals hint a near-term bullish scenario for the cryptocurrency.Matic, a cryptocurrency that underwent a huge pump-and-dump last year, has been unable to revive its bullish momentum in 2020.The
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As May approaches and Bitcoin’s next halving draws near, hodlers, traders, and investors are all keen to know how this quadrennial event will affect the price of the world’s foremost cryptocurrency. To delve further into the halving, we talked to traders Michaël van de Poppe and Scott Melker (aka The Wolf
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The price of Bitcoin (BTC) has seen a relatively stable week, as BTC/USD has been hovering between $6,000 and $7,300.However, due to the low volatility, the volume also diminished, which is a sign of a big move in the works. What can be expected of the markets while the
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Since the 2019 low, Tesla’s stock has rallied over 400%. Long-suffering short sellers recently managed to catch a lucky break amid the coronavirus-induced selling. TSLA is overwhelmingly the most shorted stock currently. Despite incurring massive losses due to Tesla’s (NASDAQ:TSLA) 2019-20 rally, short sellers are yet to give up.
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The benchmark 10-year Treasury yield plunged to record lows on Tuesday. The yield curve inverted again, triggering fears of a looming recession. Stock markets are plunging again, with the Dow Jones Industrial Average falling as much as 400 points. America’s bond market flashed another ominous warning sign on Tuesday,
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Ethereum is showing positive signs above the $142 and $140 supports versus the US Dollar. ETH is likely to smash $148 and $150 to start a new rally, especially if bitcoin rallies above $8,200.Ether price is holding the key $140 and $142 support levels against the US Dollar.The price is
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Ethereum rallied sharply above the $150 resistance, but failed near $152 against the US Dollar.The price is trimming gains and it is back to pre-rally levels near the $144 support.There is a short term bullish trend line forming with support near $145 on the hourly chart of ETH/USD (data feed
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Ripple price is trading in a bearish zone and recently broke the $0.2500 support against the US dollar.Bitcoin price is down around 5% and Ethereum price declined close to 10%.There is a key bearish trend line forming with resistance near $0.2610 on the hourly chart of the XRP/USD pair (data
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