Bitcoin price may be trading sideways, but it continues to hold above a key level that in the past led to over 5,000% returns. BTCUSD has now held for its seventh consecutive weekly close above the Ichimoku cloud, but there’s a shocking twist coming that could shake up the sideways trend.Bitcoin Price Closes Seventh Weekly…
Ripple is still trading above the $0.1920 support zone against the US Dollar. XRP price seems to be following a bullish flag pattern and it could rally above $0.2100. Ripple price is showing positive signs above the $0.1920 and $0.1900 support levels against the US dollar. The price is trading near the $0.2000 resistance, but…
Bitcoin has been forming a striking correlation to the S&P 500 and the rest of the stock market throughout the past few months. This correlation has only grown in recent weeks, and today’s slide in the equities market has led the benchmark cryptocurrency down to a crucial support level Analysts are now pointing to this…
Cardano’s intense uptrend has started showing signs of faltering as the aggregated cryptocurrency market flashes some warning signals. Although the token is still trading just a hair below its 2020 highs, it has now faced two harsh rejection at $0.135 – elucidating that this is a massive resistance level. Overnight, sellers pushed ADA to lows…
Ethereum has been trading in close tandem with Bitcoin throughout the past several days and weeks, and this correlation isn’t showing any signs of breaking. It now appears that buyers may be laying the groundwork for ETH to see a notable upswing, however, as the crypto is currently on the cusp of breaking above a…
Chainlink’s immense multi-year uptrend is showing no signs of faltering as LINK continues racing higher. Despite facing a firm rejection within the mid-$8.00 region earlier this week, the crypto has since rallied past this level and just set a fresh all-time high. Analysts are now noting that this momentum could extend significantly further in the…
With Bitcoin trading sideways for so long and volatility dropping to such uncharacteristic lows, crypto analysts are watching the Bollinger Bands closely. Even the tools creator has since spoken out about the current price action in BTCUSD. In the past, when he speaks, a major move often follows. Is it once again time to pay…
Chainlink’s native token LINK slipped about 10 percent a day after establishing its all-time high at $8.53. The downside correction, nevertheless, failed to dismiss the prevailing bullish sentiment as LINK rose by more than 10 percent in the last 24 hours. Santiment’s latest research shows that the token may continue its uptrend based on favorable…
A dollar invested in KNC crypto token at the beginning of 2020 is now worth $6. The supersonic price rally appeared amid an escalating craze around decentralized finance projects. KNC, a DeFi crypto itself, powers Kyber, one of the most active decentralized exchanges by volume. Meanwhile, the token is also at the center of a…
Bulls are once again driving Chainlink (LINK) higher after a slight retracement on parabolic price action. As of the time of this article’s writing, the asset is up by around 15% in the past 24 hours, rallying past $8.00 once again. It now trades for $8.30 — just a few percentage points below the all-time…