XRP has gained approximately 50% in the past two weeks, following Ethereum on its steep rally higher. Analysts think the altcoin is poised to move higher should it break a critical resistance. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue XRP Breaking This Pivotal Rally Could…
Ethereum has bounced back quickly after last weekend’s 26% crash from its highs. As of the time of this article’s writing, the leading cryptocurrency has a price of $399 — just 4% below the year-to-date high. Analysts say that pressure is building for a large move higher as the $400 resistance comes under fire. Further…
Like Chainlink and other altcoins, Tezos (XTZ) has done extremely well over recent days despite the weekend’s flash crash. On Tuesday, the popular cryptocurrency was up more than 9% on the day at one point, holding above the critical $3.00 level. Analysts say that the asset is primed to head even higher in the days…
Last week, analysts thought XRP was on the verge of a massive breakout. Against the dollar and against Bitcoin, the leading altcoin saw an explosive breakout that reminded some of the start of the infamous 2017/2018 pump. Yet on Saturday night, just before the weekly close, the asset underwent a strong drop, as did many…
Just around 12 hours ago, the Bitcoin and Ethereum market saw the biggest implosion since the March 13th “Black Thursday” crash. In the span of just about five minutes, the two leading cryptocurrencies fell off the face of the earth. From its $12,200 highs, BTC fell by $1,650; from its $415 highs, ETH fell by…
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…
It isn’t only Cardano and DeFi tokens that have performed extremely well over recent days.Stellar Lumens (XLM) is up over 50% in the past four days, having rallied from around $0.06 on the weekend to $0.09 as of the time of this article’s writing. At the local highs, the popular altcoin traded just a few…
Switching Bitcoin price charts from one type to another gives a clear as day look at what appears to be a full-blown breakout into a bull market.Better yet, the price action also shows a retest of downtrend resistance turned support, which could act as a launchpad for the cryptocurrency.Understanding Technical Analysis, Trend Lines, Subjectivity, and…
To many, determining which direction Bitcoin trends from here is a coin toss. One trader shared the image below with the caption: “You guys still trading this garbage? I’m not doing anything until one of these lines gets hit.”That’s to say, the analyst isn’t taking a trading position in Bitcoin because he has no idea…
Bitcoin has been stuck in the $9,000s for the past two months, trading between $8,500 and $10,000 for weeks on end.While the cryptocurrency has maintained the $8,500 support level on multiple occasions, a key indicator shows that the bullish momentum is weakening.Related Reading: Crypto Tidbits: BTC At $9k, Grayscale Ethereum Trust, Cryptocurrency & PayPalBitcoin Has…