ETH/USD Daily bearish . Recommended ratio: 5% ETH, 95% Cash. *The House of Cards is continuing to fall in leveraged crypto land with 3AC, Celsius and Babel all either pausing or limiting withdrawals/redemptions; not to mention Microstrategy quickly approaching a margin call on their leverage long BTC position that may have actually been hit when BTC touched...
Max pain for bears ??? The truth is in the pudding. My first target is 50k… then 250k!! Sorry bears!
Cardano has been one of the most popular cryptocurrencies this week, having clocked around 100 million social engagements per day this week, as per LunarCrush data. Like Solana, ADA/USD looks on course to end the week about 1.5% higher close to the $0.50 level, around the middle of this week’s $0.43-0.55ish range. Cardano’s failure to get back above its 21DMA...
Hello my friends, today I want to talk with you about BTC. For last few days BTC fell more than 50% down from 31,500 to around 20k for now. And for now at the deep from support zone 20,000-21,000 USD price created a divergence with RSI index. As you can see BTC created 3 lows but the RSI index create new highs. That means we can see upward impulse from a...
TRON (TRX) prices have jumped by over 24% since the U.S. Federal Reserve raised the interest rates by 75 basis points. Meanwhile, the TRON blockchain has also gained the support of Crypto finance, an asset management group. The TRX token has registered a tumbling week as it dropped with correlating with the other major cryptocurrencies. However, the recent surge...
The Avalanche price analysis shows that AVAX has finally found support at the $18.00 mark, which has caused significant bearish pressure to subside. However, it is unlikely that the asset would show a sharp recovery since the trading activity remains low across the short term. The broader cryptocurrency market observed a bearish market sentiment over the last...
Binance said it will not support the MimbleWimble Extension Blocks function, which was recently deployed on the Litecoin blockchain. The world’s largest crypto exchange said that it will specifically not accept deposits made through the function, as due to its privacy-heavy nature, the exchange will be unable to verify the sender’s address. ADVERTISEMENT Any...
Ethereum , the world’s largest altcoin, might be losing its plot despite anticipation around the Merge. Rather, one can say that the token is seeing a delayed plot. Ethereum core developer Tim Beiko recently opined that the merge to proof-of-stake (PoS) would happen between August and November. This announcement follows more bad news for Ethereum enthusiasts...
Dogecoin is once more gaining attention from Tesla CEO Elon Musk, as the latter teased support for Dogecoin's "web69." A Dogecoin user, "Wandrinstar," indicated in a recent tweet, "If Jack and Bitcoin can create web5, then Dogecoin can create web69." The tweet caught the attention of former Twitter CEO and Block founder, Jack Dorsey, who tagged Elon Musk while...
Solana (SOL) has created a $100Million fund to support cryptocurrency projects in the country. The main sectors to benefit from the fund are DeFi, gaming, and Non-fungible tokens (NFTs). Also, the fund is to support some projects built on the Terra network after the terrible crash. The Terra Network crash caused a lot of pain in the crypto community. One of its...
With Fidelity announcing that it would allow customers to add crypto to their 401Ks, and Janet Yellen pronouncing that crypto isn’t a suitable retirement option, what are the drawbacks and advantages? Fidelity is the largest retirement plan provider in the U.S., and when it announced recently that it would offer investors the opportunity to add bitcoin into their...
Ethereum price analysis is bearish today as we have seen further consolidation and an inability to recover over the last 24 hours. Therefore, ETH/USD should follow along with the overall trend and break lower again by the end of this week. The market has traded with mixed results over the past day. The leader, Bitcoin, lost just 0.23 percent as consolidation...
Polkadot (DOT) has bounced off the support at $15.80, indicating that the bulls have not given up and they continue to buy at lower levels. The RSI is showing signs of forming a positive divergence, suggesting that the selling momentum could be weakening. The DOT/USDT pair could now rise to the downtrend line, which is likely to act as a strong resistance. If the...