Category: Analysis

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Bitcoin, Ethereum Technical Analysis: BTC Remains Near 18-Month High, ETH Recaptures $1,800 Level

After a brief spell above $35,000 late on Wednesday, bitcoin retreated below this level during today’s session. Despite the decline, the cryptocurrency continues to trade close to an 18-month high on Thursday. Ethereum rose back above the $1,800 level. Bitcoin Bitcoin once again fell below the $35,000 level on Thursday, after a brief stint above…
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Biggest Movers: LINK, SOL Race to Highest Levels Since 2022

Chainlink extended recent gains on Wednesday, as the cryptocurrency rose to its highest point since last year. Prices rose by as much as 9% today, taking the total gain to 50% over the last seven days. Solana was another notable gainer, surging over the $33.00 mark. Chainlink (LINK) Chainlink (LINK) was a notable gainer on…
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Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Gains, as Traders Anticipate Powell Speech

Bitcoin profit takers swooped in to capture recent profits on Wednesday, as the cryptocurrency retreated below a recent high above $35,000. The decline comes ahead of Federal Reserve Chair Jerome Powell’s speech later today. Ethereum also edged lower, dropping under the $1,800 level. Bitcoin Bitcoin was trading lower on Wednesday, as traders appeared to have…
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Bitcoin, Ethereum Technical Analysis: BTC Explodes Above $35,000 as ETF Speculation Intensifies

Bitcoin rallied to its highest level since May 2022, as bullish sentiment exploded throughout the market. The surge came as traders believed a United States SEC announcement was imminent, over a bitcoin exchange-traded fund (ETF), likely from Blackrock. Ethereum also rose, climbing above $1,800. Bitcoin Bitcoin bulls pushed the cryptocurrency over the $35,000 level on…
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Biggest Movers: XRP Extends Recent Gains, Rising to 8-Week High

XRP rose for a fourth straight day on Tuesday, as overall sentiment in the market was mostly bullish. The global crypto market cap is nearly 10% higher at the time of writing, with the likes of bitcoin trading at a 17-month high. Cardano also surged, recording a 2-month peak. XRP XRP, formerly ripple, was one…
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Bitcoin, Ethereum Technical Analysis: BTC Closes in on $31,000 as S&P 500 Plunges to 4-Month Low

Bitcoin started the week surging towards the $31,000 level, as the S&P 500 fell to a four-month low. Momentum in crypto markets has remained mostly bullish in recent days, following speculation on upcoming exchange-traded fund (ETF) approvals by the United States SEC. Ethereum rose above the $1,700 mark. Bitcoin Bitcoin climbed to a fresh multi-month…
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Biggest Movers: DOGE, MATIC Rally to 2-Month Highs on Monday

Dogecoin rose by over 10% to start the week, as sentiment in cryptocurrency markets remained mostly bullish. The global market cap for crypto is up by 2.34% at the time of writing, which comes as a red wave swept through global stock indices. Polygon was another notable gainer on Monday. Dogecoin (DOGE) Dogecoin was a…
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Biggest Movers: SOL Rallies Towards $30, Following 33% Surge in Price

Solana has undoubtedly been one of this week’s biggest gainers, with price rallying by as much as 33% in recent days. The move comes as the global crypto market cap remained mostly in the green to start the weekend. Chainlink was another big mover, hitting a three-week high. Solana (SOL) Solana (SOL) was on the…
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Lower as Traders Secure This Week’s Profits

Bitcoin traded around the $30,000 region to start the weekend, as markets remained optimistic that an ETF approval could be looming. This has been the topic of the week, with many speculating how high crypto markets could surge on such potential news. Ethereum slipped from Friday’s peak. Bitcoin Bitcoin was hovering marginally below the $30,000…
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Biggest Movers: XRP Surges as SEC Drops Lawsuit Against Ripple’s Senior Management

XRP was a big gainer on Friday, as markets reacted to the SEC’s decision to drop its lawsuit against Ripple’s management team. The commission previously alleged that CEO Brad Garlinghouse and chairman Chris Larsen had violated securities laws. Solana also surged, rising by over 10% today. XRP XRP rose to a two-week high on Friday,…
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