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Bitcoin’s struggled to overcome the immediate resistance mark (around $21,000) still sees new dates. The bellwether crypto made some trials to overcome the hurdle at $21,650 but couldn’t succeed. Nevertheless, there could be more pain for the token in the upcoming sessions or days. Pain & Suffering The worry about pain does not end within … Read more
Cardano (ADA) experienced a FUND-filled and challenging week recently. The alternative token kick-started uptrends following weeks of restricted performance. Nevertheless, the FUD surrounding the bug discovered on the testnet weighed massively on ADA, plush bearish markets over the previous week. The mentioned factors saw ADA losing approximately 25% within seven days. Though FUD emerged for … Read more
Monero saw an impressive performance within the past few sessions, surging more than 6% within the past day. The altcoin has attracted marketplaces as it climbed to $168 before cooling. Nevertheless, the surge had analysts predicting solid runs for XMR as it performed in July. Meanwhile, Monero has had multiple proposals, targeting moves to migrate … Read more
The crypto landscape could be changing. And this might be the lucrative moment to start placing your bets. If you are planning to join the wave for profitable undertakings, you might have to understand the growth potential of assets like Uniglo (GLO), Chainlink (LINK), and Polkadot (DOT). Uniglo (GLO) Uniglo is a new player within … Read more
Ethereum Classic bulls seem ready to extend their actions after dominating the space, especially in July’s second half. Meanwhile, the alternative token dropped beneath $40 after peaking around the $45 mark. Will ETC suffer more downside? A pullback remained logical after the massive July end ETC upside. Moreover, the selling momentum that emerged early in … Read more
The cryptocurrency market has seen an improved sentiment since August 9. That came after the US CPI updates, which turned out later on August 10. Moreover, analysts speculate that inflation peaked in June because of the cooling supply-chain problems and gas prices. A New York Fed survey this week observed optimistic consumer sentiment since June. … Read more
Tezos saw its price action flip-flopping following low U.S inflation and improved investor enthusiasm. XTZ price seems primed for uptrends, but caution remains crucial. Expect a 10% upside move, and a Fed official signals distress. Tezos saw its price bouncing amidst Wednesday’s euphoria when U.S CPI plunged beneath estimates, emerging as lower-than-anticipated – good news … Read more
LINK traded nearly 60% high from July’s lowest mark and approximately 27% within August’s first ten days. While publishing this content, it was approaching a crucial resistance level that could disrupt Chainlink’s recent upside. While writing this content, LINK traded near $9.17, gaining 4.94% within the past 24 hours. That represented a crucial region since … Read more
The global crypto market capitalization explored higher values of $1.15 trillion, gaining approximately 6.51% within the last 24 hours. Meanwhile, the overall trading volume surged 29% to near $87.71 billion. The crypto market experienced a massive upside action early Thursday as the US inflation fall triggered an amplified appetite for risk assets worldwide. There’s increasing … Read more
XRP reversed Tuesday’s 2.98% slide following a 3.81% uptick yesterday. The absence of updates from the Ripple vs. SEC lawsuit left XRP in U.S CPI hands, and the remittance token propelled to $0.38. Technical indicators flash bullishness, with XRP steadying beyond the 50-dayEMA and today’s U.S wholesale inflation might support a $0.40 return. XRP gained … Read more
Bitcoin recorded an impressive upside as the U.S economic indicators offer the cryptocurrency market essential support. Softer U.S inflation numbers eased 75bp rate hike bets, increasing risky assets demand. The bullish session saw the BTC fear & green index jumping to 41/100 from 31/100, supporting Bitcoin’s upside. Wednesday sessions saw Bitcoin gaining 3.47% to reverse … Read more
This analysis multiplies SHIB prices by 1,000 for brevity. Sellers dragged Shiba Inu towards $0.00738 after the past bear run as the southbound Exponential Moving Average ribbons overstretched. This multi-year foothold supported the efforts by buyers to trigger a much-required bullish overturn on the EMA ribbons. SHIB’s recovery met the ceiling at $0.01217 as buyers … Read more