The token now grapples with a notorious multi-month resistance trendline. Internet Computer (ICP) has entered 2022 with a bang. The ICP price rose by over 56% in the first five days of the new year, reaching a 30-day high of $38 on Jan. 5. Its massive upside move accompanied a spike in trading volumes, underscoring…
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Bitcoin price failed to clear the USD 47,500 resistance zone and started a fresh decline. BTC traded below the USD 46,200 support zone. It is currently (04:17 UTC) consolidating near USD 46,500 and facing resistance near USD 47,000. Similarly, most major altcoins are struggling to gain pace. ETH is facing resistance near the USD…
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The total value locked (TVL) in decentralized finance (defi) has risen 4% during the first four days of the new year from $245 billion on January 1, to $255.84 billion three days later. While the defi protocol Curve Finance dominates with a TVL of $24.44 billion, Convex Finance is closing in on the dominance with…
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A mix of technical, macroeconomic and on-chain indicators point toward a price rally in the Ethereum market this quarter. Ethereum’s native token Ether (ETH) has plunged by more than 20% after establishing its record high at around $4,867 on Nov. 10, 2021. Nonetheless, the sharp price pullback does not mean ETH can’t pursue a new…
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Bitcoin price found support near the USD 45,800 zone. BTC started a recovery wave above the USD 46,500 level and is currently (12:13 UTC) trading near USD 46,700. Similarly, most major altcoins are also facing key hurdles. ETH declined below USD 3,800, but the bulls are protecting USD 3,680. XRP was moving lower towards…
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Bitcoin price failed to clear the USD 48,500 resistance zone and started a fresh decline. BTC traded below the USD 47,000 support zone. It is currently (04:34 UTC) trading near USD 46,400 and remains at a risk of a larger decline. Similarly, most major altcoins are moving lower. ETH declined below USD 3,800, but…
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Bitcoin price was able to recover above the USD 47,000 level. However, BTC is facing a strong resistance near the USD 48,000 level. It is currently (12:43 UTC) showing positive signs, but the USD 48,000 zone holds the key. Similarly, most major altcoins are eyeing an upside break. ETH climbed above USD 3,800 and…
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Bitcoin price attempted a clear upside break above the USD 48,500 zone. However, BTC failed to gain pace for a move above the USD 48,500 and started a fresh decline. It is currently (04:24 UTC) consolidating near USD 47,000 and there is a risk of a fresh decline towards USD 46,200…. Read More: Bitcoin and…
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Bitcoin price started a slow recovery wave above the USD 47,500 level. BTC even climbed above USD 48,700 and is now (12:21 UTC) correcting gains near USD 48,000. A close above USD 48,500 might spark a steady increase. Similarly, most major altcoins are consolidating below key hurdles. ETH is eyeing an upside break above…
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Bitcoin price started a minor upside correction above the USD 47,000 zone. BTC climbed above the USD 47,500 level but failed to clear USD 48,000. It is currently (04:27 UTC) consolidating near USD 47,400 and there is a risk of further declines below USD 46,500. Similarly, most major altcoins are facing hurdles. ETH is…
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