Cryptocurrency Analysis and News Portal
Ethereum failed to clear $2,800 and corrected gains against the US Dollar. ETH price must stay above the $2,600 support to avoid more downsides. Ethereum started a downside correction after it failed to surpass the $2,800 resistance. The price is now trading near $2,650 and the 100 hourly simple moving average. There is
Read More
While the crypto economy shed billions in value this week, 18 different digital assets have accrued double-digit gains during the last week. At the same time, the top two leading crypto assets by market capitalization, bitcoin and ethereum, have lost between 2.8% to 6.2% in value in seven days. 18 Crypto
Read More
Bitcoin failed to clear the $52,000 resistance zone against the US Dollar. BTC is started a major decline and traded below the $50,000 support. Bitcoin made two attempts to clear the $51,800-$52,000 resistance zone but failed. The price is trading below $50,000 and the 100 hourly simple moving average. There was a break
Read More
Bitcoin is struggling to clear the $50,000 resistance zone against the US Dollar. BTC could decline heavily if it stays below $50,000 for a long time. Bitcoin is struggling and showing bearish signs below the $50,000 resistance. The price is now trading just below $49,000 and the 100 hourly simple moving average. There
Read More
Bitcoin exchange reserves have shown a sudden sharp spike recently, despite being in a declining trend for months. After Months Of Downtrend, Bitcoin Exchange Reserves Shoot Up As pointed out by a CryptoQuant post, on-chain data shows that BTC exchange reserves have spiked up in the past couple of weeks. The “all exchanges
Read More
Bitcoin retested the $55,500 support zone against the US Dollar. BTC is recovering, but it could face a strong selling interest near $57,500 in the near term. Bitcoin settled below the key $58,000 and $57,500 resistance levels. The price is now trading below $57,500 and the 100 hourly simple moving average. There is
Read More
Bitcoin price traded to a new all-time high above $66,800 before correcting lower against the US Dollar. BTC traded below $63,000 and it remains at a risk of more downsides. Bitcoin rallied above the $65,000 and $66,000 resistance levels before correcting lower. The price is now trading below $63,000 and the 100
Read More
Ethereum stayed above the $3,400 support zone against the US Dollar. ETH price must clear $3,540 to start a fresh rally in the near term. Ethereum remained well supported above the $3,400 and $3,380 levels. The price is now trading near $3,520 and the 100 hourly simple moving average. There is a major
Read More
Bitcoin (BTC) and spot gold hovered below their key psychological levels on Wednesday as a stronger United States dollar weighed on investors’ appetite for hedging assets.The BTC/USD exchange rate dropped 5.27% to its intraday low of $44,423 but recovered a portion of those losses after reclaiming the $45,000–46,000 range as
Read More
Bitcoin price is facing a strong resistance near $46,700 against the US Dollar. BTC is likely to nosedive if it continues to struggle above the $46,500 resistance. Bitcoin is still struggling to clear the $46,500 and $46,700 resistance levels. The price is now above the $45,000 zone and the 100 hourly simple
Read More