The crypto altcoin asset known as Stellar, or XLM, was among the worst performers during the bear market.However, a powerful fractal found on the asset’s price chart could show just how epic the next crypto bull market can be.Bitcoin Halving Triggered Massive Crypto Upsurge and Alt-Season Last CycleIn late July 2016, Bitcoin had its second-ever…
Bitcoin dominance broke down recently from a long-term trend line, potentially signaling that an altcoin season would soon be upon us.However, Bitcoin’s latest surge ahead of its halving has caused BTC dominance to reclaim the trend line, leaving altcoins vulnerable to another devastating leg down.BTC Dominance Reclaims Lost Trend Line, Alts May Be In TroubleLast…
XRP may have rallied over 100% from its recent local bottom following Black Thursday and 20% within the last ten days alone, but last night’s weekly close could have deadly implications for the number three crypto asset by market cap.Ripple’s Over 100% Rebound From Black Thursday LowsAfter maintaining the title of the worst-performing asset in…
Interest on the Chicago Merchantile Exchange – otherwise known as CME Group – in Bitcoin futures contracts, has reached a record high.However, each time this has happened in the past it’s marked a local top. Will this latest achievement in open interest on CME cause yet another price drop across the crypto market?CME Bitcoin Futures…
Stellar (XLM) has seen some notable underperformance of Bitcoin and the aggregated crypto market throughout 2019 and even 2020, largely being caught within an extended bout of sideways trading.Analysts are now noting that the crypto just broke above an important technical level that it has been caught beneath for many years, with the movement past…
Supply chains have ground to a halt and dozens of millions are unemployed but this hasn’t stopped crypto from getting a big fundamental boost: one of Silicon Valley’s most respected venture capital firms just raised half a billion dollars to invest in industry startups.Related Reading: Crypto Tidbits: Bitcoin Hits $9ks, a16z Raises $500M Crypto Fund,…
Bitcoin has seen some relatively involatile trading in the time following its recent rejection at $9,500, as the cryptocurrency has been able to stabilize within the upper-$8,000 region.It is important to note that this stability has favored buyers due to the crypto being able to show some tempered signs of bullishness as it pushes up…
Despite the roaring recovery in the S&P 500, crypto, and other markets, many facets of the global economy remain in recession. Dozens of millions are unemployed, consumer spending is down, and the global supply chain has come to a screeching halt.With cashflows going negative around the world, meaning firms are at risk of going bankrupt…
Chainlink has seen a notable recovery from its daily lows today, as the crypto’s bulls have stepped up and defended against it seeing further underperformance of Bitcoin and other altcoins.This comes as the cryptocurrency sees some notable fundamental developments, including an imminent listing on Gemini as well as the integration of multiple Chainlink oracles on…
Today is a new month, and that means that last night’s daily close also market the April candle close on Bitcoin monthly price charts.Last night’s close marked the first-ever cryptocurrency’s best April performance since 2013, even easily besting the April 2019 rally that took Bitcoin to over $13,000. Is this a sign that the next…