Tag: News 1

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Earlier in April,...

After the 38.2% Fibonacci resistance refuted the recent bull run, the sellers navigated the trend in their favor by sinking the price toward...

Ethereum price has shattered one-half of a significant support confluence, suggesting that the bears are taking control. However, the said foothold still holds...

Algorand remains one of the top blockchain networks thanks to its focus on innovation and sustainability. However, its native cryptocurrency ALGO has had better days and is currently trading in a critical price point. ALGO traded at $0.70 at the time of writing and has been on a bearish performance since the start of April, […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. XRP witnessed a repeat show after the $0.86-resistance rejected its rally for the second time in three months. As a result, the buyers found it challenging to keep the price afloat above the Point […]

The bloodbath in the crypto space has affected many rallies which were initially primed to slice the consolidation and range high. Such was the...

Bitcoin price action or any other running market often presents fractals. Identifying these templates help get an edge over the market’s moves and allows traders to scalp profitably. This article takes a quick look at what the current template is for Bitcoin’s ranging market. Bitcoin price and the short-term bearish outlook Bitcoin price on the […]

Bitcoin fell under the $41K mark on 21 April, at press time, it was down by 4.27% over the last day. In fact, the whole cryptocurrency market retreated to $1.88 trillion mark. But how’s the morale? Well, still very high. Dominant buyers continue to acquire more Bitcoin despite the price witnessing a correction. On-chain data […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Justin Sun, the founder of TRON, announced the launch of USDD, a decentralized stablecoin on the TRON blockchain. The price of TRX climbed nearly 15% after Justin Sun tweeted the announcement. In the past few […]

The race for greater crypto adoption often leads to competition between so-called developed countries and developing countries. While economies in which crypto helps unbanked people often see high levels of adoption, residents in the Global North enjoy easier – and often, legal – access to crypto-based services. However, according to a study by Chainalysis, one […]

Forming renewed highs above 23.6% Fibonacci resistance, AAVE was under another northbound leg on the daily chart. A close above the 38.2% Fibonacci level would allow the altcoin to propel to a newer high around the $207-mark. Thus, eventually opening a route towards the 200 EMA (green) and the $224-level. On the other end of […]

RUNE has faced stiff resistance around the 38.2% Fibonacci level in the current month. Sellers were seemingly inclined to initiate a likely pullback, potentially exposing the market to short-term lows toward their EMAs (20,50). Meanwhile, the friction between the buyers and sellers at the Point of Control (POC, red) could continue to exist while the […]