The Cardano Vasil hard fork has been in the works for a while now. Hype for this hard fork had been overshadowed by that of the Ethereum Merge, but now that the Merge is done and out of the way, the focus has now fallen back on the Cardano network once more. Given this, there […]
Category: Price Analysis
BTC Price Nears $21.7K as Whales Boost Bitcoin ‘Almost Perfectly’
It’s all about the big-volume buy and sell zones for Bitcoin on short timeframes, data reveals. Bitcoin (BTC) sought to overturn August resistance on Sep. 10 as whale buy-levels dictated BTC price action. Whales provide short-term price ceiling Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new multi-week highs of $21,671 on Bitstamp. The pair capitalized on […]
Binance Coin Surpasses 1 Billion Trading Volume After BNB Network Upgrade
There is strength in numbers and Binance Coin (BNB) has proven that time and again with its robust community of Bitcoin enthusiasts whose faith in the coin has always been its strong fortress, the NewsBTC writes. BNB surpasses 1 billion in terms of trading volume following network upgrade BNB price up by 2.04% Binance launches […]
Bitcoin Squeezes Past $20K on US Dollar Dip as BTC Price Gains 8.7%
A comedown for U.S. dollar strength provides the fuel for a short squeeze in Bitcoin liquidating over $60 million of shorts. Bitcoin (BTC) bounced past $20,000 on Sept. 9 as a much-anticipated “short squeeze” took hold. Trader: BTC could go to $25,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD adding as much as $2,700 (8.7%) in hours […]
Why The Ethereum Price Could Rally Above $1,800 Before A Big Crash
The Ethereum price is following Bitcoin as the two largest cryptocurrencies by market capitalization trend to the upside. The market is currently facing low timeframe resisting, but the general sentiment seems to have flipped bullish across the board. At the time of writing, Ethereum price trades at $1,700 with a 5% and 7% profit in […]
Dogecoin Price Movement Thwarted By Sellers, What’s Next On Chart?
Dogecoin price has witnessed a steep fall in the past week. It lost 15% of its market value in that given time duration. Over the last 24 hours, DOGE fell by 0.7%. The current price action pointed towards a range-bound movement. If Dogecoin price continues to consolidate it might fall below its closest line of […]
Bitcoin Price Won’t Go Down Quietly: Key Supports To Watch
Bitcoin extended losses below the $23,650 support zone against the US Dollar. BTC must stay above $23,200 to avoid more losses in the near term, the NewsBTC writes. Bitcoin remained in a bearish zone and traded below the $23,650 support. The price is now trading below the $23,650 level and the 100 hourly simple moving […]
Ethereum Could Take Hit As The Bulls Show Weak Hands
Ethereum extended losses below the $1,850 support against the US Dollar. ETH could decline further if there is a clear move below the $1,800 level, the NewsBTC predicts. Ethereum started a fresh decline from the $1,950 resistance zone. The price is now trading below $1,900 and the 100 hourly simple moving average. There is a […]
Price Analysis: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
Crypto and stock markets corrected as traders grew nervous ahead of August 17’s FOMC minutes, but the real stress point is whether traders will “buy the dip.” Bitcoin’s (BTC) bounce fizzled out near $24,500 on Aug. 17, indicating that the recovery still faces stiff resistance from the bears. On-chain monitoring resource Material Indicators said the […]
EOS Price Jumps 20% for Biggest Gain in 15 Months
EOS attempts to become a fully decentralized network following a key hard fork in September. EOS rose approximately 20% to reach $1.66 on Aug. 17 and was on track to log its best daily performance since May 2021. Initially, the EOS rally came in the wake of its positive correlation with top-ranking cryptocurrencies like Bitcoin (BTC) […]