Bitcoin is well above its former record, thanks in part to the digital gold narrative taking hold in 2020 with institutional investors. But as those who get into cryptocurrencies consider diversifying beyond BTC, one entrepreneur and crypto trader says that Ethereum is the digital version of silver, not Litecoin as it has long been called.…
2020 was the year of the digital gold narrative amid a pandemic and unprecedented money printing. In 2021, only Bitcoin matters and comparing it to gold at this point is selling the coin short. Now is the age of cryptocurrency, and no comparison shows that better than the two charts you are about to see…
Crypto analyst Tripy has highlighted a double-top Adam and Eve pattern that could send the Dogecoin price as low as $0.16. Meanwhile, crypto XAU has also highlighted a bearish setup that could spark a further decline to $0.15. Dogecoin Price Risks Drop To $0.16 With Double Top Adam And Eve Pattern In a TradingView post,…
Gold traded around a major short-term decision point of interest as traders observed how the most recent rebound could hold below resistance. XAUUSD traded roughly $4,573 on the H1 chart and has just recovered from lower levels. Meanwhile, Gold continues to face a bearish setup under the 4,590 zone. New charts by analysts on X…
Gold is consolidating on the daily chart after a recent sell-off in the area of a potential range bottom. Gold has rallied off the selling pressure seen in recent trading and is now approaching a decision zone on the daily time frame. The XAU/USD remains above short-term support, but any potential buyers have to break…