Bitcoin price failed to clear the $10,900 and $11,000 resistance levels against the US Dollar. BTC is currently declining and it seems like there are chances of an extended decline to $10,000. Bitcoin failed to gain strength and it remained well below the $11,000 resistance. The price is now trading below the $10,800 support and…
Across crypto Twitter, analysts claim that Bitcoin price just had an extremely bullish close, but a crucial momentum measuring indicator says otherwise. In fact, the tool just flipped bearish for the first time on weekly timeframes since April 2020, right after the Black Thursday rebound and pre-halving rally. Bitcoin Weekly MACD Opens Bearish For First…
Despite the entire crypto market currently showing signs of strength, Uniswap’s governance token – called UNI – has been struggling throughout the past day, with sellers gaining full control of its near-term trend. The token is currently in the process of invalidating its bullish market structure as its price dives lower. This latest decline has…
KuCoin, a somewhat popular cryptocurrency exchange headquartered in Singapore, experienced a major security breach last week that led to the loss of over $150 million worth of crypto tokens, including Bitcoin, Chainlink, Ethereum, and a plethora of altcoins. Although this has yet to have any grave impacts on the crypto market, the selling patterns from…
Cosmos’s native token ATOM has surged more than 38 percent in the last five days, validating a textbook technical indicator that now predicts additional 70 percent gains for the cryptocurrency. ATOMUSD breaks out of its Falling Wedge pattern. Source: TradingView.com ATOMUSD breaks out of its Falling Wedge pattern. Source: TradingView.com As shown in the chart…
ADA was trading higher in the early trading session Monday as traders piled up behind the token over its optimistic fundamentals. The Cardano blockchain project’s native asset surged 3.3 percent to 970 sats as of 10:25 GMT. The gains followed a wild upside move the began on September 24, 2020. Since then, the ADA/BTC exchange…
Cardano’s price rallied more than 8% and it broke the $0.1000 resistance. ADA is likely to accelerate higher once it surpasses the key $0.1050 resistance zone. ADA is up over 8% and it broke the $0.1000 resistance zone against the US dollar. The price is currently testing the $0.1050 resistance and trading above the 100…
Ethereum is slowly moving into a positive zone above the $350 resistance against the US Dollar. ETH price must break the $362 and $365 resistance levels to continue higher. Ethereum traded above the $350 and $355 resistance levels to move into a positive zone. The price seems to be forming a support base above $350…
Bitcoin started a fresh increase from the $10,140 swing low against the US Dollar. BTC broke the $10,550 resistance and it seems like the bulls are aiming a clear break above $11,000. Bitcoin stayed above the $10,000 support and started a decent recovery wave. The price is currently trading well above the $10,550 resistance and…
Chainlink has been one of the most volatile altcoins throughout the past several days and weeks, with its buyers and sellers both vying for control over its near-term trend. This has resulted in the cryptocurrency seeing some relatively large price movements, with a bout of capitulation sending it down to lows of $7.50 earlier this…