Ethereum started a strong recovery from the $1,425 zone against the US Dollar. ETH is back above $1,500 and might rise further towards the $1,600 resistance. Ethereum remained well supported above the $1,425 zone. The price is now trading above $1,500 and the 100 hourly simple moving average. There was a break above a key…
In bear markets, holders accumulate showing unwavering faith. The other side of that is a decrease in the “willingness to spend” or use the assets. The latest Intotheblock report “highlights the diverging pictures between on-chain demand and accumulation of the largest two crypto-assets.” Some people still have trouble admitting we’re currently in a bear market,…
Recent developments suggest that Tezos and its native coin, XTZ, may have placed itself in a precarious scenario. XTZ price reveals a bullish trend Key resistance spotted at $1.48 Tezos price support present at $1.44 On August 25, a group of network contributors under the name Baking Bad claimed that the cryptocurrency exchange Binance had…
Ethereum started a major decline below the $1,600 zone against the US Dollar. ETH even declined below $1,500 and now any recovery could face hurdles. Ethereum extended its drop below the $1,600 and $1,500 levels. The price is now trading below $1,500 and the 100 hourly simple moving average. There is a key bearish trend…
On-chain data shows the Ethereum funding rates have now declined to the lowest value in 14 months, something that could pave way for a short squeeze in the market. Ethereum Funding Rates Reach Highly Negative Value As pointed out by an analyst in a CryptoQuant post, the ETH funding rates are currently at their least…
FLOW, a blockchain-powered coin, is back in its element. FLOW price plunged by 4.00% Network releases MetaplierFlow gave rise to collaboration with CelerNetwork Coin performance may not attract short-term traders Even though the network may not currently be experiencing a strong bull run, it does appear to be focused on giving consumers who access its…
The price movement of Cardano (ADA) has been in the negative direction, and the seven-day chart was predominantly red. ADA resistance key seen at the $0.4694 level Cardano price up by 3.74% Fed tensions negatively impacted crypto market; including ADA price Following a recent market correction, ADA encountered resistance at the $0.4694 level. After the…
One of the top-performing meme currencies of the week, Vita Inu (VINU), is hogging the headlines. Vita Inu meme coin is up by almost 200% Coin’s price spikes by 3.13% as of this writing Vita Inu nearing the overbought zone Since the beginning of August, the value of the Vita Inu meme has skyrocketed by…
Ethereum price registered a fresh decline on its chart over the last 24 hours. The altcoin declined by 7% over the past day. In the last week, ETH fell by 9% and started to trade below the support level of $1,520. The broader market weakness could be blamed for most major altcoin’s southward movement on…