Category: Analysis

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Biggest Movers: DOGE Moves Away From Support Level, XLM Nears 1-Month High

Dogecoin moved away from a key price floor on Saturday, as the meme coin ended a three-day winless run. Price has traded in the red since Wednesday, leading to a collision with a support point of $0.0620. Stellar also rallied, nearing a one-month high in the process. Dogecoin (DOGE) Dogecoin (DOGE) snapped a three-day losing…
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Bitcoin, Ethereum Technical Analysis: Price Movement in BTC, ETH Stalls to Start the Weekend

Bitcoin consolidated for yet another week, as price entered Saturday around the same point at which it stood on Monday. Despite a brief rally on Thursday, which saw the price move above $28,000, the cryptocurrency has largely been unchanged. Bitcoin Bitcoin started the weekend trading close to the $26,000 level, as bulls attempted to break…
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Bitcoin, Ethereum Technical Analysis: Volatility Returns to BTC, ETH During Friday’s Session

After price climbing above the $26,000 level earlier in the day, bitcoin bulls have retreated from earlier positions, sending prices lower in the process. The decline comes after price collided with a key resistance point. Ethereum has also slipped, after moving closer to $1,700. Bitcoin Volatility was back in cryptocurrency markets on Friday, as…
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The Fed could lose $100B — Does this spell catastrophe for Bitcoin?

On the latest episode of “Macro Markets,” Marcel Pechman explains the potential implications for crypto of the Federal Reserve losing $100 billion. On this week’s episode of “Macro Markets,” Cointelegraph analyst Marcel Pechman delves into a thought-provoking discussion on the United States Federal Reserve’s financial woes. Pechman opens by highlighting how the Fed is grappling with…
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Bitcoin, Ethereum Technical Analysis: ETH Stalls Around Key Price Floor, as BTC Bulls Remain Sidelined

Ethereum continued to trade around a key price floor of $1,630 on Thursday, as price uncertainty in the market remained high. Volatility has slowed in recent days, leading to crypto prices mostly trending sideways. Bitcoin fell below a support point of its own earlier in today’s session. Bitcoin Bitcoin was trading marginally lower on Thursday,…
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Bitcoin, Ethereum Technical Analysis: BTC Consolidation Continues, as Moving Average ‘Death Cross’ Nears

Bitcoin was largely unchanged on Wednesday, as moving averages closed in on a potential upward crossover. The potential for a “death cross” will likely be in the mind of would-be bulls, looking for an opportune time to reenter. Ethereum continues to hover close to a floor of $1,630. Bitcoin Bitcoin’s consolidation continued on Wednesday, as…
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Biggest Movers: SHIB Hovers Higher, Despite Market Consolidation

Shiba inu was a notable gainer in today’s session, as the cryptocurrency rose for a second straight session. The global market cap is marginally higher at the time of writing, as prices mostly consolidated. Solana retreated from a near one-week high. Shiba Inu (SHIB) Shiba inu (SHIB) was in the green for a second session…
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Biggest Movers: XLM 7% Higher, TON Nears $2.00 Threshold

Stellar surged by as much as 7% on Monday, despite sentiment in crypto markets being mostly bearish to start the week. The token rallied for a second straight session, after a recent collision with a key price floor. Toncoin also rose, hitting a fresh multi-month high. Stellar (XLM) XLM was one of Monday’s biggest movers,…
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Bitcoin, Ethereum Technical Analysis: BTC Consolidates, ETH Avoids Falling Below $1,600 on Labor Day

Sentiment in bitcoin remained bearish to start the week, as the cryptocurrency remained below $26,000 on Monday. Market volume was relatively low in today’s session, as a result of the U.S. Labor Day celebration. Ethereum was slightly higher, as the price managed to remain above $1,600. Bitcoin Bitcoin was trading below $26,000 on Labor Day,…
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Bitcoin, Ethereum Technical Analysis: BTC Starts Weekend Trading Close to $25,000

Bitcoin started the weekend trading below the $26,000 level, as bears seized market momentum to end the week. Price surged during the early part of the week, climbing over the $28,000 mark. However in the days that followed, sentiment has mostly trended lower. Ethereum remains in the red. Bitcoin Bitcoin continued to trend lower on…
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