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"Typically, but not always, prices will break above the neckline [resistance] and then return to that level, currently between $24,000 [and] $25,000," Olszewicz said in a weekly market update. "This behavior is described as a ‘throwback,’ which in this case also includes a nearly three-month bullish reversal falling wedge chart
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At press time, dogecoin traded near $0.073. The world's leading meme cryptocurrency, currently valued at $10.22 billion, has risen just 3% this year. Meanwhile, market leaders bitcoin and ether have gained 68% and 60% respectively, per CryptoX data. Source
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Ichimoku Cloud, created by Japanese journalist Goichi Hosada in the 1960s, is widely used to gauge momentum and trend strength. Source
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Ether’s price has been stuck below $1,920 for the past 16 days, which is especially concerning since the latest breakout attempt on May 6 lasted less than 24 hours. Excluding this brief price pump, Ether’s (ETH) journey below $1,920 was initiated on April 21, over 30 days ago.One can likely blame
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Defense lawyer and former federal prosecutor, James K. Filan, expects the infamous Hinman Speech documents to be released to the public by June 6, citing a previous court order.The Hinman documents relate to a 2018 speech from former Securities and Exchange Commission (SEC) corporation finance division director Bill Hinman, who essentially
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Democratic Party members of the U.S. House Committee on Financial Services were handed a memo instructing them to back the party’s position on crypto regulation moments before the commencement of the hearings on May 10. According to the party’s leaked memo, Democrats on the committee were expected to point to
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Ether (ETH) price has shown weakness after failing to break above the $1,950 resistance on April 26. The subsequent correction drove ETH to $1,810 on May 1, nearing its lowest level in four weeks. Curiously, the movement happened while the First Republic Bank (FRB) was closed by the California Department
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International Business Machines Corp. (IBM) is expecting to put a “pause” on hiring for "back-office" roles that could be potentially automated by artificial intelligence (AI) instead.IBM CEO Arvind Krishna explained in a May 1 interview with Bloomberg that many “back-office” positions such as those in the human resources and accounting
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Republican lawmakers with the United States House Financial Services Committee have released a draft of a bill focused on payment stablecoins rather than overseeing other aspects of digital asset markets.A senior Republican committee staffer involved in drafting the legislation told reporters on April 24 that they had narrowed the scope
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Bitcoin (BTC) is still on track to hit $180,000 in its next halving cycle, a longtime market participant said.In a new analysis published on March 3, Filbfilb, co-founder of trading suite DecenTrader, doubled down on his bullish BTC price outlook for the years ahead.Filbfilb keeps faith in Bitcoin halving cyclesWith BTC/USD
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