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The Hidden Forces Behind Bitcoin Value: Newest Insights From On-Chain Information

The Hidden Forces Behind Bitcoin Value: Newest Insights From On-Chain Information

Leading on-chain analyst James Check, popularly known as Checkmatey, has recently delved into the intricacies of Bitcoin’s market dynamics, offering a detailed on-chain data analysis that sheds light on the forces driving Bitcoin prices. His latest insights highlight a period he describes as “Quiet and Trending,” suggesting a robust underpinning despite significant sell-side pressures and…
Is Dogecoin About to Take Off? Indicators Recommend Upward Momentum Forward

Is Dogecoin About to Take Off? Indicators Recommend Upward Momentum Forward

Dogecoin corrected gains and tested the $0.150 zone against the US Dollar. DOGE is now forming a base and might start a fresh increase above $0.1520. DOGE price jumped toward $0.160 before correcting gains. The price is trading above the $0.150 level and the 100-hourly simple moving average. There is a key bullish trend line…
Bitcoin Nonetheless Has “A Lot Of Room To Run Earlier than Reversal,” Says High Analyst

Bitcoin Nonetheless Has “A Lot Of Room To Run Earlier than Reversal,” Says High...

An analyst has explained how the data of an oscillator for Bitcoin could suggest the cryptocurrency still has plenty of room to run in this rally. Bitcoin VWAP Oscillator Could Imply Potential For Further Upside In a new post on X, analyst Willy Woo discussed what the latest trend in the Volume-Weighted Average Price (VWAP)…
XRP Value Able to Break Out? Value Motion Factors to Potential Surge

XRP Value Able to Break Out? Value Motion Factors to Potential Surge

XRP price shows positive signs above the $0.5100 resistance. The price could gain bullish momentum if it clears the $0.520 and $0.5220 resistance levels. XRP is eyeing a fresh increase above the $0.520 level. The price is now trading above $0.510 and the 100-hourly Simple Moving Average. There is another short-term declining channel forming with…
Is Bitcoin’s Rally Over? Prime Analysts Predict Imminent Worth Corrections

Is Bitcoin’s Rally Over? Prime Analysts Predict Imminent Worth Corrections

As Bitcoin navigates through significant price changes, varying analyses from crypto analysts have painted a diverse picture of its short-term trajectory. A prominent crypto analyst, Ali, identified a sell signal on Bitcoin’s short-term charts using the TD Sequential indicator. Related Reading According to Ali’s analysis, the TD Sequential indicator suggested that Bitcoin’s current uptrend might…