A handful of on-chain metrics suggest that Bitcoin could be close to bottoming, and if true, the eventual relief rally could induce sharp gains from altcoins. The United States equity markets and the cryptocurrency space are witnessing a relief rally this week. Supporting the rise in risky assets is the U.S. dollar index (DXY), which […]
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Tag: ADA
Cardano At $0.56, Here Are The Crucial Trading Levels For The Coin
Cardano consolidated after the coin attempted to rise on the one day chart. Bitcoin extended losses so broader market continued to flash signs of weakness. The one day chart displays mixed signals which could also mean that the coin might be attempting to head north, the NewsBTC predicts. Over the last 24 hours, ADA gained […]
Cardano (ADA) Is One Of The Worst Performing Crypto In Terms Of Profit
Cardano (ADA) has made it on the list as one of the worst-performing assets when it comes to profitability. The ability to make a profit from a digital asset is what drives the majority of investments when putting money in the asset. However, for some, this has not been the case given that their assets […]
ADA To Rebound With Integration Of USDT And USDC On Cardano?
One of the best performer assets in the crypto top 10 by market cap, Cardano (ADA) keeps strengthening its ecosystem. As the network prepares for its next major Hard Fork Combinator (HFC) event, called Vasil, its DeFi sector could add some of the most popular assets in the space. At the time of writing, ADA’s […]
Price Analysis, March 23: BTC, ETH, BNB, XRP, LUNA, ADA, SOL, AVAX, DOT, DOGE
Bitcoin and most major altcoins remain close to their overhead resistance levels, indicating the possibility of more upside. Bitcoin (BTC) and select altcoins broke above their immediate resistance levels but are struggling to sustain the higher levels, indicating that bears are not ready to give up. It is speculated that the spike in Bitcoin’s price […]
Price analysis, February, 4: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX
BTC and altcoins broke above their overhead resistance levels, but the actions of traders will determine whether bulls are back in control. Bitcoin (BTC) and Ether (ETH) are attempting to build upon their recent recovery as the U.S. equity markets try to resume their relief rally, backed by strong results by Amazon. Bollinger Bands creator […]
Price Analysis, January 28: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX
Technical analysis points toward early bottoming signs in BTC and altcoins, but analysts forecast another sharp downside move. Bitcoin (BTC) and most major altcoins are turning down from overhead resistance levels, indicating that the sentiment remains negative and traders are selling on every available opportunity. Decentrader analyst Philip Swift said that the on-chain spent profit […]
Price Analysis, December 3: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX
It’s clear that bears have nearly extinguished all signs of bullish momentum after BTC price falls below $52,000 and altcoins take a severe belting. Bitcoin (BTC) and Ether (ETH) have turned down from their respective overhead resistance levels, suggesting that bears continue to sell on rallies. New research in Australia suggests that the Ethereum Improvement Proposal (EIP) […]
Price Analysis 11/19: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, SHIB, AVAX
Bitcoin and most major altcoins are attempting a recovery, but higher levels are still likely to attract strong selling. Bitcoin (BTC) dropped below $56,000 on Nov. 19, completing a near 20% correction from the all-time high. The Crypto Fear & Greed Index, which remained in the greed zone for most of the past two months, has […]
Price Analysis, October 27: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, SHIB, LUNA
Bitcoin and Ether may witness a deeper pullback over the coming days and this move could shake weaker hands out of altcoins and other high risk positions. Bitcoin (BTC) has broken back below the psychological support at $60,000. While this seems to be negative in the short term, the price action has continued to mirror its […]