Bitcoin’s extended bout of sideways trading has caused the cryptocurrency to see historically low volatility levels. In the past, bouts with volatility this low tend to be followed by massive movements that set the tone for which direction the cryptocurrency will trend in the days and weeks ahead. Analysts are noting that there are a…
Cardano’s price rallied more than 25% in the past few days and it traded close to $0.1400. ADA is currently down 7%, but it is still holding key supports and likely to resume its surge. ADA surged towards the $0.1400 level before correcting lower against the US dollar. The price is currently consolidating above the…
Ripple started a downside correction from the $0.2110 resistance region against the US Dollar. XRP price seems to be following a bullish flag pattern and it could resume its rally above $0.2000 and $0.2100. Ripple price is correcting lower from the $0.2118 swing high against the US dollar. The price is trading nicely above the…
Bitcoin is facing an uphill task near $9,300 and $9,400 against the US Dollar. BTC seems to be preparing for the next big move either above $9,400 or below $9,000. Bitcoin is stuck in a broad range above the $9,120 support zone. The price is struggling to clear the $9,300 and $9,400 resistance levels. There…
Chainlink has seen a monster-sized rally throughout the past couple of years, with its gains being unparalleled by virtually all other major altcoins.This momentum reached a boiling point last night when the crypto surged to highs of nearly $8.50 before hitting some resistance that slowed its ascent and catalyzed a slight selloff.It is important to…
Tezos is beginning to show some immense signs of strength. This comes shortly after Chainlink – another extremely bullish token – incurred parabolic momentum that allowed it to set fresh all-time highs.Some analysts are now pointing to striking parallels between the two cryptocurrency’s price action, as XTZ is currently caught within a similar technical formation…
XRP, the fourth-ranked cryptocurrency in the space, has been among the industry’s worst performers. Yet investors in the asset still hold out hope for a repeat of the massive pumps Ripple is known for.Key indicators reveal that the asset has reached a pivotal moment where a decision must be made. It’s now or never for…
As Bitcoin sails on calm waters, its rival Cardano is up more than 36 percent already in the third quarter.Traders looking to diversify from the top yet flat cryptocurrency could pump Cardano further into July.The upside sentiment takes cues from the altcoin’s upgrade to proof-of-stake at the end of this month.When bitcoin traders get bored,…
Bitcoin is trading almost 12 percent below from its local top near $10,400, but a historically accurate technical indicator hints a trend reversal.The pattern formed on Monday as the short-term moving average of Bitcoin’s hash rate jumped over the long-term moving average, signaling the beginning of a buying setup.Its previous two formations over the last…
Shocking many traders, Chainlink (LINK) continued to rocket higher after our last update on the cryptocurrency. Published about two hours ago, the altcoin had passed above $7.00 for the first time ever.Now, LINK is trading at $8.21 — touching $8.50 just minutes ago as the asset has truly gone parabolic.Chart of LINK's price action over…