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Ethereum is currently on the cusp of breaking back into its long-established trading range between $230 and $250.A recent influx of selling pressure experienced by the cryptocurrency forced its price to break below the lower boundary of this trading range for an extended period of time, with ETH even testing
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After a more than 150% rally from March’s lows, Bitcoin’s upward momentum has petered out over recent weeks. For nearly two months, the cryptocurrency has been caught in a tight range between $8,500-10,000.This has resulted in a key trend indicator halting its uptrend. According to a trader, if the indicator
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Bitcoin started a downside correction from the $9,780 swing high against the US Dollar. BTC found support near $9,600 and it is currently gaining bullish momentum for a fresh rally.Bitcoin is trading nicely above the $9,500 support zone and the 100 hourly simple moving average.A short-term downside correction seems to
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Ethereum is up more than 4% and it surged above the $240 resistance against the US Dollar. ETH is currently showing a lot of bullish signs and it is likely to accelerate above $250.Ethereum is gaining bullish momentum and it is trading nicely above $240.The price traded close to the
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Ethereum is following a bearish pattern and it recently failed to surpass $240 against the US Dollar. ETH price is likely to continue lower and it may soon retest the $200 support zone.Ethereum failed to clear the main $240 resistance zone and started a fresh decline.The price is now trading
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Just 24 hours ago, Bitcoin had rocketed back above $10,000 for the first time in weeks. It was a move that liquidated over $100 million worth of BitMEX shorts, shocking investors across the industry.At the time, investors were extremely optimistic.Galaxy Digital co-founder and CEO Mike Novogratz shared around the time
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Ethereum is trading in a strong uptrend above the $230 pivot zone against the US Dollar. ETH price is likely to continue higher above the $245 and $250 resistance levels.Ethereum started a downside correction from the $250 resistance zone.The price corrected below the $240 level, but it found support near
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Bitcoin is trading in a bearish zone below $9,000 against the US Dollar. BTC price is likely to accelerate lower if it breaks the $8,680 and $8,600 support levels.Bitcoin is declining and trading well below the key $9,100 pivot level.The price is likely to continue lower towards the $8,400 and
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Bitcoin price fell 9.9 percent last week to log its most significant decline since the second week of March 2020.The cryptocurrency rebounded higher in Europe and Asia session Monday after testing interim support near $8,750.The jump accompanied thin volume, raising the possibilities of a negative breakout ahead of June.Bitcoin was
Read MoreWhat needs to happen for Bitcoin (BTC) to cement its role in the public eye as a valid investment option?"Time," Aleks Svetski, CEO and co-founder of Bitcoin investment platform Amber, told Cryptox in an email. "This is NOT a technological revolution," he clarified, adding:"It’s a monetary revolution - which takes (traditionally)
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