Tag: signal

A quant has explained how the Bitcoin funding rate (72 hour) may be able to correctly signal tops and bottoms in the price of the crypto. Bitcoin Funding Rate May Be Able To Indicate Tops And Bottoms In The Market As explained by an analyst in a CryptoQuant post, the 72-hour version of the funding…

The post Quant Explains How Bitcoin Funding Rate Predicted The Latest Top appeared first on Bitcoin News Miner.

On-chain data shows the Bitcoin monthly outflows have recently reached values only seen a few times before in the crypto’s entire history. Bitcoin Exchange Outflows Now Have A Value Of 96.2k BTC Per Month According to the latest weekly report from Glassnode, a historically high amount of BTC has exited all exchange wallets recently. The…

The post Bitcoin Monthly Outflows Reach Historically High Value appeared first on Bitcoin News Miner.

UNI coin price breaks above the long-coming downtrend and the $10 mark with a 30% rally. Will the uptrend sustain to reach the $15 mark? Key technical points: UNI coin price breaks above the long-coming resistance trendline. In addition, the price surpasses the 50-day EMA. Finally, the 24-hour trading volume of Uniswap is $245 Million, marking a 25% fall.  Past Performance of UNI UNI coin price shows a double bottom breakout-led bullish reversal from the $8 support level resulting in a price jump of 30%. The rally breaks above the long-coming resistance trendline marking a bullish milestone after a fatal downtrend. Moreover, it surpasses the 50-day EMA, which has provided a constant dynamic barrier.  Source-Tradingview UNI Technical Analysis  UNI coin price shows a retest phase of the trendline and the $10 breakout with a dragonfly candle of 1.92% retracement. Hence, a post-retest reversal rally may start shortly that may surpass the 100-day EMA. Uniswap token rally challenges the bearish aligned EMAs and outperforms the 50-day EMA while ready to approach the 100-day EMA. However, a potential rise to the 200-day EMA is possible with the $12.5 breakout. RSI Indicator: The RSI slope starts a remarkable journey with the bullish divergence generated at the $8 bottom. The rally approaches the overbought boundary and reflects a boom in buying pressure. MACD Indicator: The MACD and signal lines continue the bullish uptrend by undermining two bearish crossovers. Hence, the positive histograms continue to grow despite a few bearish dips. In brief terms, the UNI technical analysis shows a potential trend reversal possibility. Upcoming Trend  UNI coin price gains bullish attention with the long-coming resistance and the $10 breakout that may result in a bullish rally. Post-retest, the rally aims at $12.50. A firmer bullish grip could drive the prices higher to the 200-day EMA closer to $16. Hence, the rally shows a 20-45% price jump potential.  However, price succumbing under the 50-day EMA will rectify the rally and result in a downtrend to the $8 mark. Support Levels: $10 and $8 Resistance Levels: $12 and $16

The post UNI Technical Analysis: Trendline Breakout Eyes 20% Jump appeared first on Cryptoknowmics-Crypto News and Media Platform.

UNI coin price breaks above the long-coming downtrend and the $10 mark with a 30% rally. Will the uptrend sustain to reach the $15 mark? Key technical points: UNI coin price breaks above the long-coming resistance trendline. In addition, the price surpasses the 50-day EMA. Finally, the 24-hour trading volume of Uniswap is $245 Million, marking a 25% fall.  Past Performance of UNI UNI coin price shows a double bottom breakout-led bullish reversal from the $8 support level resulting in a price jump of 30%. The rally breaks above the long-coming resistance trendline marking a bullish milestone after a fatal downtrend. Moreover, it surpasses the 50-day EMA, which has provided a constant dynamic barrier.  Source-Tradingview UNI Technical Analysis  UNI coin price shows a retest phase of the trendline and the $10 breakout with a dragonfly candle of 1.92% retracement. Hence, a post-retest reversal rally may start shortly that may surpass the 100-day EMA. Uniswap token rally challenges the bearish aligned EMAs and outperforms the 50-day EMA while ready to approach the 100-day EMA. However, a potential rise to the 200-day EMA is possible with the $12.5 breakout. RSI Indicator: The RSI slope starts a remarkable journey with the bullish divergence generated at the $8 bottom. The rally approaches the overbought boundary and reflects a boom in buying pressure. MACD Indicator: The MACD and signal lines continue the bullish uptrend by undermining two bearish crossovers. Hence, the positive histograms continue to grow despite a few bearish dips. In brief terms, the UNI technical analysis shows a potential trend reversal possibility. Upcoming Trend  UNI coin price gains bullish attention with the long-coming resistance and the $10 breakout that may result in a bullish rally. Post-retest, the rally aims at $12.50. A firmer bullish grip could drive the prices higher to the 200-day EMA closer to $16. Hence, the rally shows a 20-45% price jump potential.  However, price succumbing under the 50-day EMA will rectify the rally and result in a downtrend to the $8 mark. Support Levels: $10 and $8 Resistance Levels: $12 and $16

The post UNI Technical Analysis: Trendline Breakout Eyes 20% Jump appeared first on Cryptoknowmics-Crypto News and Media Platform.

The post Ethereum Whale Concentration Hits ATH, Yet the ETH Price Expected to Hit $10,000 Very Soon! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The ETH price underwent a gigantic rally through 2021 and achieved levels very close to $5000. Ever since then the asset is witnessing an extreme descending trend that bottomed hard below $2000. However. The second-largest crypto is expected to undergo a decent rally in the upcoming days as the whales have already entered the ring.  …

Star Atlas is a next-generation metaverse project built on the Solana network and is one of the most ambitious projects in the gaming and metaverse scene that I have ever seen. Star Atlas is more than just a blockchain gaming metaverse; it is an entirely new, fully immersive virtual solar system with multi-dimensional play to earn […]

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