Price fragmentation is a growing issue in the crypto domain. It means that the low communication between crypto exchanges is causing significant price variations. The considerable differences in crypto prices on exchanges are causing the phenomenon of arbitrage investments. It means that investors look for different exchanges offering the lowest and highest rates on crypto,…
Top cryptos will have to overpower Tuesday’s obstacles to ensure higher price breakouts. Ethereum Ethereum (ETH) lost 0.64% of its value on Tuesday. After the 4.92% Monday rally, the leading alt ended its day near $3,142.09. Yesterdays mixed morning sessions had ETH rising to $3,235 in the early morning before reversing. Meanwhile, ETH dropped in…
Litecoin (LTC) maintains its upside moves in an ascending channel, claiming the $170 mark again since June. Ripple settles over $0.8 as it lacks momentum to break towards $1. The crypto bulls have controlled the market for the past few weeks. The last week’s sessions showed massive bullishness as Bitcoin overpowered the $45,000 zone. Meanwhile,…
The early Monday sessions saw Ethereum (ETH), the leading alt by market cap, dipping beneath $3,000. Most market analysts attribute the losses to the frenzy surrounding the United States Infrastructure bill discussions. ETH currently trades at $2,955, losing 5% over the past day. The leading alternative coin attempts to regain the crucial level at $3K…
If you are a crypto fan, you might be used to market volatility. Cryptocurrencies have proven to be more volatile than other assets for retail investors. Crypto coins can rally to record highs within two days or plummet drastically in an unpredictable way. Though that sounds like a risky game, expert investors know how to…
Briefly – ADA surged 35% from the lows it had over the past weeks. ADA’s price finally overpowered the midterm plunging trend. RSI remains coiled, waiting for a bullish break. ADA Holds 200-MA after 2-Month Attempts Cardano has maintained the $1.00 level for several months now as the asset’s bulls hold ADA from trading beneath….
The recent positive sentiments in the financial space saw the overall crypto market cap reaching another high of $1.660 trillion. That came as Bitcoin and other alternative assets traded in the green zone. Bitcoin bulls extended their massive push over the past day, taking the coin to another two-month record of more than $42.5K. Meanwhile,…
Briefly – Ethereum and Bitcoin saw price spikes on Wednesday after Musk’s panel comments at the B-Word conference. Ethereum value hits around $2,000 as enthusiasts aim $2,400. DOGE registered recoveries as well, closing the $0.2 gap. The crypto market had most assets trading in the green on mid-Wednesday after the losses at the start of…
Briefly – SafeMoon indicates extended sell-offs after dropping beneath $0.00000273, the range low. The asset has to swing high over $0.00000295 to confirm the upsurges. A break beneath $0.00000216, 20 July lows, will overturn the potential bullishness. At the moment, SafeMoon has its price attempting to move to the range low, planning to reclaim the…
Briefly – The meme market experiences unprecedented selling pressure at the moment. According to FTX and Trading View, Dogecoin has its prices dropping by 35.3% as of this time in July. The meme cryptocurrencies saw a decreased performance in June than May. This month, most meme asset posts negative price gains. Dogecoin, the leading meme…
Briefly – AXS rallied to its ATH on 10 July. STX, FLOW, and KCS broke out. SNX completes a 4th wave pullback. Here are the best alternative coins that saw massive gains since last week. Will they keep the momentum? Axie Infinity (AXS): 116.54% KuCoin Token (KCS): 81.78% Flow (FLOW): 74.58% Stacks (STX): 57.46% Synthetix…
ADA trades 5% lower today as it declines into the 20-day moving average line support. Currently, ADA battles the 50-day MA against BTC as it consolidates in a rising triangle. ADA-USD – ADA on 20-d MA Support Vital support levels – $1.34, $1.30 and $1.20 Vital resistance levels – $1.40, $1.45 to $1.50 and $1.72….
Bitcoin’s net loss has touched an all-time low for the first time since last year. Last week, the net unrealized loss reached $3.5 billion, underscoring the severity of the present bear market. A Bitcoin watcher noted that the new record surpasses that of 2020, suggesting that this year’s slaughter is much more severe than prior…
JPMorgan analysts revealed that Bitcoin (BTC) could still experience an adverse impact on its growth. The analysts further commented about Grayscale’s GBTC sales and how this could be a potential headwind for Bitcoin. The JPMorgan strategists remain reluctant in altering the stance about the potential negative outlook regarding Bitcoin as well as the crypto market…
ETH is currently the second largest cryptocurrency which has caught the attention of not just retail workers, but many organizations as well over the previous year. The main facilitator for this sudden upsurge in its reputation is the highly anticipated update to Ethereum v2.0. The ratio of ETH to BTC has approximately tripled over the…
An analyst and a BTC YouTuber that goes by the name “BTC Jack Sparrow” has mentioned what he believes to be the becoming of the Ethereum Network. The famous trader has gathered about 190,000 Twitter followers and is popular for revealing his price analysis to the crypto community recently and why he believes that the…
Despite the recent market fluctuations that sent the crypto market tumbling, virtual assets have had a smooth journey, with new records in 2021. Litecoin price surged by around 70% at the start of this year. However, with the current volatility in the cryptocurrency space, the asset has had wild movements, valuing $205.20 when writing this….
