The crypto market sure is a crazy unpredictable animal, right? One minute, people are wailing in the streets about the forthcoming altcoin season, and the next, experienced, battle-hardened professionals are getting the fire extinguisher out. Today, the hot topic is direct access to token markets, with the world’s blockchain developers...
Analysts at crypto services firm Matrixport think altcoins will be hard-pressed to enjoy much of a rally in the immediate future. A combination of factors paints this grim picture. Major contributing factors are the U.S. Federal Reserve’s monetary policy, macroeconomic uncertainty, and an absence of robust liquidity motivators. The approval...
Ethereum has had an extremely volatile trading period, managing to build a solid support base above $1,550 before starting a big breakout. This cryptocurrency came under heavy sell pressure after shooting up to $1,690. At present, Ethereum appears to have capitulated as per recent trading activity with ETH down by...
Bitcoin (BTC) is going through a tough time right now, facing ongoing resistance at the $85,000 mark. The cryptocurrency has been on a bearish trend, failing to regain bullish momentum. A few weeks of price action later and we’re looking at the possibility of a bearish retest to lower support...
Ethereum is still consolidating in a symmetrical triangle on the hourly chart, suggesting an incoming Ethereum price breakout. This consolidation, in tandem with important on-chain activity, has contributed to a greater sense of curiosity about Ethereum’s direction.The Ethereum cryptocurrency is currently trading at $1,666, with a marketcap trading volume of...
Ethereum (ETH) is taking form of a symmetrical triangle pattern which indicates that a big price range breakout is looming. This pattern forms when the price oscillates within a narrowing range, bounded by two converging trend lines. For traders and investors alike, knowing this pattern is important for predicting potential...
Ethereum has showed impressive recovery, bouncing back more than 20% in the past five days, now trading around $1,700. This revival has generated bullish sentiment among the analysts, with some expecting this to trigger a major rally across the rest of the large-cap altcoins. Even with the recent Ethereum price...
You’re hooked on the intraday charts now, aren’t you? Seeing those EMA and SMA moving averages cross each other over and back, running around after the RSI signals like a dog after a tennis ball. Let me ask you something: are you really seeing the whole picture? I’m going to...
Bitcoin flirting with $85,000... again. Ether tagging along. The usual suspects – SOL, AVAX – again leading the altcoin charge. Stocks are up. Crypto stocks are up. Everything's sunshine and rainbows, right? Wrong.Don't let the green candles fool you. But lurking below the surface is a potential economic earthquake, and...
Ethereum, the world’s second-largest cryptocurrency, is back in the spotlight. Still, its price gets stuck at 10x October 2023 prices even though it has a $200 billion market cap. Peter Brandt, a highly regarded presence in financial markets since the 1970s, has sounded his oft-printed skeptical trumpet again. He called...
