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Ethereum failed again to settle above the $1,620 zone against the US Dollar. ETH is sliding and might struggle to stay above the $1,480 support. Ethereum started another decline after there was a false break above $1,620. The price is now trading below $1,560 and the 100 hourly simple moving average. There is
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The price of Solana (SOL) has been unable to break out of a tight range between $32 and $33 during the past few days. As of this writing, SOL is trading at $32.72, down 16.5% in the last seven days – and around the same level it was trading Friday, data
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Bitcoin (BTC) failed to reclaim recent losses into July 2 as traders prepared for stagnant price action to continue.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Downtrend acceleration" still in forceData from Cryptox Markets Pro and TradingView tracked a limp BTC/USD as it chopped around the $19,000 mark into the weekend.The Wall
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Bitcoin is holding the key $29,500 support against the US Dollar. BTC must clear the $31,500 resistance zone to start a major increase in the near term. Bitcoin is showing a few positive signs above the $29,500 support zone. The price is now trading below the $30,500 level and the 100 hourly
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Meanwhile, most alternative cryptos (altcoins) underperformed bitcoin on Tuesday, which suggests traders are still not comfortable with taking on additional risk. Bitcoin's market cap relative to the total crypto market cap ticked higher over the past three days after breaking above a yearlong downtrend on May 13. Typically, alts underperform
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Bitcoin (BTC) analysts faced another day of frustration on May 28 as BTC/USD refused to offer volatility up or down.BTC/USD 1-day candle chart (Bitstamp). Source: TradingView"Not the decoupling we wanted"Data from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency sticking in a narrow short-term range into the weekend.Previously forecast support
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Bitcoin (BTC) is on track to end the month in red. The cryptocurrency declined by 3% over the past 24 hours, although some analysts expect brief stabilization. Original Source
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Bitcoin failed again to clear the $30,600 resistance zone against the US Dollar. BTC is declining, but the bulls might remain active near $28,500. Bitcoin failed to gain strength for a move above the $30,600 resistance zone. The price is now trading below the $30,000 level and the 100 hourly simple moving
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This time, however, rising inflation is thrown into the mix. Commodities, a traditional inflation hedge, tend to rally during the start of an inflationary cycle. Therefore, the correlation between bitcoin and commodities collapsed in recent months to more normal levels (zero correlation). Source
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Bitcoin (BTC) recovered from one-week lows on March 8 after a lack of progress in Russia-Ukraine talks sent markets tumbling.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCommodities "trading like meme stocks"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing at $37,170 on Bitstamp after Monday’s Wall Street open.Overnight progress maintained
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