Bitcoin has recently seen an uptick in retail investor activity following months of subdued participation, according to a report by CryptoQuant analyst caueconomy. The analyst highlighted this in a post on the CryptoQuant QuickTake platform, disclosing how this return in retail demand could be one of the signs of a bull market. Bitcoin Retail Activity…
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Fantom (FTM) registered a remarkable performance over the past 24 hours, attempting to break above a crucial horizontal level. Some market watchers forecasted a 345% surge before the year’s end but set the key levels to reclaim before FTM’s new all-time high (ATH). Fantom Breaks Out Of Downtrend As Sunday ended, Fantom’s price jumped 8.2%…
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Multiple market watchers suggest that memecoin sensation Popcat (POPCAT) is about to rally towards a new all-time high (ATH). As the token attempts to reclaim key resistance levels, some analysts warn the cat-themed memecoin could see a correction soon toward its monthly opening. Popcat Retest $1.4 Resistance Level Memecoin sensation Popcat has been one of…
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Bitcoin (BTC) has been on an upward trend in recent weeks, showing positive price movements that appear quite appealing to investors. According to a recent CryptoQuant analysis, a key metric, “active address momentum,” paints a bullish picture for the cryptocurrency. Active Address Momentum Signals Upward Market Structure Active addresses represent the number of unique addresses conducting transactions…
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Bitcoin (BTC) has continued its ascent in recent weeks, reclaiming major highs. However, recent analysis suggests that the $57,000 level could be one of the most critical support points for the ongoing bull rally. This insight comes from a CryptoQuant analyst, Burak Kesmeci, who highlighted the role of Bitcoin Spot Exchange-Traded Funds (ETFs) in shaping…
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Following the market’s recent performance, Ethereum (ETH) attempted to break out of a bullish formation. Some analysts believe the cryptocurrency is preparing to catch up with Bitcoin and aim for March highs. Ethereum Getting Ready To Challenge BTC This week, Ethereum has successfully reclaimed the $2,500 support zone following the market’s recent performance. The second-largest…
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Bitcoin has been experiencing a notable increase in network activity, as indicated by a surge in active addresses. Data shows that the cryptocurrency has seen a resurgence in user engagement following a sluggish performance during July and August since the start of September. With this uptick in activity, it is worth assessing Bitcoin to see what…
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As Bitcoin continues its journey toward recovery, recent market activity has revealed an interesting shift in investor behaviour. According to a CryptoQuant analyst known as caueconomy, institutional investors are quietly accumulating Bitcoin as retail traders reduce their positions. This observation was shared in a post on the CryptoQuant QuickTake platform, highlighting a growing trend where…
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Polkadot (DOT) has seen a price increase in the daily timeframe as the crypto market soars. Some market watchers suggested the cryptocurrency is gearing up for a breakout, setting new targets for the short and mid-term timeframes. Polkadot Breaks Out Of Falling Wedge Pattern Polkadot has registered a 10.9% increase in the last week following…
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Bitcoin has seen a significant price movement today, reaching a high of $67,803, breaking above a descending falling wedge pattern on the daily chart. While this breakout has captured attention, Bitcoin is yet to close a daily candle above this resistance, which would confirm the breakout as successful. Regardless, this development has sparked fresh analyses…
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