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Charted: Chainlink (LINK) Holding Uptrend Assistance, Why It Might Rally Again

Charted: Chainlink (LINK) Holding Uptrend Assistance, Why It Might Rally Again

Chainlink (LINK) rallied towards the $24.00 level before correcting lower, similar to bitcoin and Ethereum. The price is now trading near a major support zone at $20.00. Chainlink token price traded as high as $23.79 before starting a downside correction against the US dollar. The price is trading above the $20.00 support and it is…
TA: Ethereum Corrects Lower, Why Dips In ETH Remain Appealing

TA: Ethereum Corrects Lower, Why Dips In ETH Remain Appealing

Ethereum traded as high as $1,437 before starting a downside correction against the US Dollar. ETH price is approaching a key support at $1,340 and $1,320. Ethereum surged above $1,400 and traded towards the $1,440 zone. The price is currently correcting lower from $1,437, but it is well above the 100 hourly simple moving average.…
TA: Bitcoin Signaling More Correction, Why BTC Might Review $33 K

TA: Bitcoin Signaling More Correction, Why BTC Might Review $33 K

Bitcoin price failed to clear the $37,500 and $37,800 resistance levels against the US Dollar. BTC is currently moving lower and it could continue to move down towards $34,000 or $33,000. Bitcoin is facing a strong resistance near the $37,800 and $38,000 resistance levels. The price is now trading below the $36,500 support and the…
Central Wealth: The Drawback To Institutional Bitcoin Purchasing

Central Wealth: The Drawback To Institutional Bitcoin Purchasing

The recent Bitcoin rally to as high as $42,000 has been predominantly been driven by institutional investors suddenly waking up and realizing the asset’s long-term value potential. Buying in now, means not paying ultra-high prices some day down the line if it ultimately catches on. And while FOMO from wealthy individuals seeking to protect that…
Newest CME Report Exposes Growing Cravings for Bitcoin Amongst Institutions

Newest CME Report Exposes Growing Cravings for Bitcoin Amongst Institutions

Bitcoin has been consolidating within the $30,000 region throughout the past few days and weeks Bulls and bears have largely reached an impasse, with buyers and sellers both being unable to spark any trend This comes as large institutional inflows show some signs of tapering, with these buyers largely being viewed as the ones responsible…