Cryptocurrency Analysis and News Portal
Cosmos (ATOM) has the potential to record major gains in the upcoming weeks primarily because its longer-timeframe chart is showing a bullish continuation pattern. Dubbed "bull flag," the structure appears as the asset trends lower while bouncing between two downward sloping trendlines. However, it eventually breaks out of the range, in
Read More
The characteristically volatile nature of the cryptocurrency market is back in full force on Dec. 2 after the optimism of the past couple of days has transformed into fear and Bitcoin price slid back below $57,000.Despite the pressure being exerted on many of the top cryptocurrencies, several altcoins have managed
Read More
Ethereum gained pace above the $4,550 resistance against the US Dollar. ETH is trading above $4,700 and it could accelerate further higher in the near term. Ethereum is trading in a bullish zone above the $4,550 level. The price is now well above $4,650 and the 100 hourly simple moving average. There was
Read More
Despite largely lagging behind the rest of the world on many other metrics, Africa however appears to have taken the lead where cryptocurrency or the blockchain is concerned. Africa-Based Kucoin Users Skyrocket in 2021 In African countries that are plagued by currency woes or hyperinflation, cryptocurrencies have emerged as a genuine
Read More
Much has been said recently about Facebook’s decision to rebrand to Meta, with both arguments for and against but what is without question is the overwhelming effect it has had on the metaverse cryptocurrency market. Over the past couple of weeks, we have seen metaverse cryptocurrencies rally and this looks set
Read More
Good morning, Here’s what’s happening this morning:Market Moves: Crypto.com’s CRO token moons on deal with Los Angeles’ Staples Center, as bitcoin stalls.Technician’s Take: The long-term uptrend remains intact despite slowing price momentum.Catch the latest episodes of CryptoX TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $58,838 -1%Ether
Read More
The main U.S. inflation rate surged last month to its fastest in three decades, according to a Labor Department report Wednesday that’s being viewed as a positive for the price of bitcoin.The Consumer Price Index for all items rose 6.2% in the 12 months through October, the highest since 1990.
Read More
Bond traders are increasing their bets on faster inflation after the U.S. Consumer Price Index jumped 6.2% in the 12 months through October, the highest rate in three decades. Nov 10, 2021 at 2:45 p.m. UTCUpdated Nov 10, 2021 at 2:59 p.m. UTCBitcoin's hourly price chart showing a rally
Read More
Bitcoin price started a fresh rally above $67,000 against the US Dollar. BTC could accelerate higher and it might even test the $70,000 level. Bitcoin started a fresh increase above the $65,500 and $67,500 resistance levels. The price is now trading above $67,000 and the 100 hourly simple moving average. There is a
Read More
Price action in the crypto market has not been for the faint of heart over the past 48 hours and it's clear that volatility following Bitcoin (BTC) and Ether’s (ETH) breakouts brought new all-time highs. While the top two cryptocurrencies fight to hold key support levels, the altcoin market has seen
Read More