2021-9-17 16:25 |
The illiquid supply floor demands the preservation of levels not far below $40,000 as supply drops and demand surges across the board.
Similar to Notcoin - Blum - Airdrops In 2024
2021-9-17 16:25 |
The illiquid supply floor demands the preservation of levels not far below $40,000 as supply drops and demand surges across the board.
Similar to Notcoin - Blum - Airdrops In 2024
As Bitcoin dips back below $50,000, data is emerging of a possible short-term bearish outlook. The post Bitcoin (BTC) on-chain analyst reveals short term ‘bearish outlook’ as ‘supply shock’ looms appeared first on CryptoSlate.
2021-8-26 07:00 | |
The growth of USDC in 2021 is more tremendous than that of Tether. The Ethereum-based USDC stablecoin is gaining immense traction as the experts deem it as the most dominant asset. In coming weeks it is very likely USDT’s share of the stablecoin supply on Ethereum will fall below 50% for the first time. USDC […]
2021-7-2 01:29 | |
Following a massive recovery from the drop below the $49,000-level, Bitcoin made a comeback to hit $54,000 on the charts. However, while BTC's price performance is worth noting, what might have been mThe post What should you know about Bitcoin's supply shortage? appeared first on AMBCrypto.
2021-3-10 18:00 | |
Chainlink’s price is sliding lower today as the entire crypto market shows some signs of weakness. Its ongoing descent comes as BTC breaks below $19,000 and as other cryptocurrencies like ETH also turn lower.
2020-12-8 02:00 | |
The figures for Bitcoin flowing into exchanges were below their 90-day average this week, with a drop in supply seen as a bullish sign for the world's largest cryptocurrency. Further down the cryptThe post EOS, Algorand, Compound Price Analysis: 18 October appeared first on AMBCrypto.
2020-10-18 11:30 | |
The total volume of stablecoins in circulation is closing in on the $20 billion mark, while the market-leading coin, USDT’s share of the total circulating supply continues to shrink, data from Coinmetrics shows.
2020-9-29 08:30 | |
Ampleforth is currently caught in the throes of an intense downtrend that has caused it to decline significantly This comes as its economic structure begins having adverse impacts on its price action Analysts are widely noting that this sort of price decline is essentially by design, due to its elastic circulating supply Despite being designed to trade around $1 – a level that it has since broken below – it may not see a sharp […]
2020-7-31 23:00 | |
Bitcoin’s intense uptrend throughout the past week led its price to highs of $11,400 before it lost some momentum and declined slightly. This latest uptrend has made it so that BTC is less than 45% below its all-time highs.
2020-7-30 02:00 | |
Data from CoinMarketCap shows Bitcoin dominance below 70 percent but in reality, the number could be a lot higher. Unlimited Altcoin Token Supply Makes Market Cap a Meaningless Metric In a report by BTSE Academy, a free Bitcoin learning platform, there are better ways to get Bitcoin’s dominance apart from using the popular market capRead MoreRead More.
2020-7-2 08:39 | |
Like most other markets, Bitcoin’s price is predicated on supply and demand dynamics. This is depicted in the chart below, with the equilibrium price of an asset being related to how an asset’s supply relates to demand.
2020-5-28 04:00 | |
Key Highlights • XRP/USD market operations trade in a tight range zone below $0. 20 mark. • Bears tend to be gaining grand around the $0. 20 range trading line at the expense of bulls’relaxation. • It is most likely that the current range price moves will linger on for a while.
2020-5-13 11:54 | |
Oil prices are gaining momentum, but the same supply issues that pushed the commodity below $0 still exist despite easing lockdowns. The post Here’s Why Oil Prices Will Never Recover appeared first on CCN.com
2020-5-6 02:06 | |
In the time following Bitcoin’s recent break above its key near-term resistance level at $7,200, the benchmark cryptocurrency’s bears have lost some of their steam as it declines below this level, with it now being at risk of revisiting its support at $7,000.
2020-4-20 19:00 | |
The recent price action in Bitcoin has been particularly devastating to miners who had to turn off their expensive to operate machines after the price of the cryptocurrency fell below the cost of production.
2020-3-27 19:00 | |
Oil prices face a perfect storm of falling demand and increasing supply. One Wall Street analyst thinks prices could go below zero. The post This Is How Oil Prices Can Crash Below $0 (Yes, Really) appeared first on CCN.com
2020-3-19 02:06 | |
U. S. imports from China have plummeted significantly in the past two weeks due to the coronavirus. Many fear that the result could be ‘supply shocks’ that lead to a recession — and Bitcoin might not be immune.
2020-2-28 23:22 | |
Key Highlights XRP/USD market consolidates below the $0. 30 supply zone for about a couple of days. The XRP price now experiences a pit stop between $0. 30 and $0. 20 lines. Either a breakout or a reversal at $0.
2020-2-9 16:59 | |
Some of the TRON enthusiasts are accusing Justin Sun, TRON’s CEO, of lying about TRX’s fixed amount supply, with Misha Lederman calling on him to keep TRX at below 100 billion. A few TRON fans have expressed on Twitter their negative feelings about Sun and the deception they think he brought to their community. The […]
2020-2-4 00:17 | |
Bitcoin’s $132 billion market cap might be a far cry from its 2017 all-time high, but it doesn’t mean it’s not playing in the big leagues. According to data from the CIA, Bitcoin’s current market cap makes it the 34th largest economy in terms of M1 money supply, just below the United Arab Emirates (UAE) […] The post Bitcoin’s $132bn market cap puts it above Turkey in terms of M1 money supply appeared first on CryptoSlate.
2020-1-1 00:33 | |
Because Bitcoin is a new, emerging technology unlike anything before it, it is difficult to give the speculative asset a meaningful value, and instead, market dynamics like supply and demand take over.
2019-11-28 22:00 | |
Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours.
2019-9-22 12:34 | |
Tether, the issuer of the USDT dollar-pegged coin, is running the money printer again, increasing the supply to 4. 088 billion USDT. After Bitcoin (BTC) price once again threatened to drop below $10,000, a USDT liquidity injection may boost prices.
2019-9-11 17:30 | |
On-chain metrics analyst Willy Woo believes we may never see another $6,000 Bitcoin again. The trader bases his theory on his latest technical indicator, the Bitcoin Difficulty Ribbon. Woo argues that a miner capitulation he expects to see in 2020, along with the halving of Bitcoin supply next May, will “add more fuel to the.
2019-8-8 00:00 | |
Bitcoinist Senior Analyst, FilbFilb, believes that the basic rule of supply and demand will prevent Bitcoin from dropping to a new 2019 low. FUD to Drive Bitcoin to a New Bottom? Bitcoin’s most recent price action has presented a plethora of challenges to cryptocurrency traders, and the drop below $10,000 has the most bearish traders calling for Bitcoin to revisit the $5,000 – $7,500 range.
2019-7-18 17:00 | |
ONT/USD market operations still fall under bearish settings outlook in spite of its small range moves. The ONT/USD market bulls are expected as well to get set below $0. 95 and $0. 85 market lines for either correction or a violent spike.
2019-7-16 18:32 | |
Zcoin, a cryptocurrency that focuses on anonymity and privacy with the implementation of the Zerocoin protocol, released an official statement pertaining to the Zerocoin vulnerability discovered by the team.
2019-4-27 15:30 | |
The XRP price depreciated by 3% of its capitalization in the month of April. The crypto’s price is below the EMAs which suggest that price is likely to fall. XRP /USD Price Long-term Trend: Bearish Supply levels: $0.
2019-4-27 12:21 | |
The crypto’s price will rise to retest the $0. 34 and $0. 35 resistance levels if the $0. 33 price level holds. On the other hand, if the bears break below the $0. 33 price level, the crypto’s price will fall to the low at $0.
2019-4-20 08:16 | |
Both the medium and the short terms of VET/USD market have been engulfed by variant range price movements. The VET/USD pair still stands a chance of dipping below its 50-day SMA prior to having a decent set-up for the bulls.
2019-4-17 14:49 | |
Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections.
2019-3-29 02:21 | |
Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume.
2019-3-19 01:17 | |
The crypto’s price is trading in a tight range. Nevertheless, if the XRP price rises it is expected to test or break the $0. 33 resistance level. On the other hand, if the price is resisted at the $0.
2019-3-16 15:45 | |
Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation.
2019-3-16 01:56 | |
After days and days of consolidation, bitcoin finally managed to break a new high for the first time in almost two weeks. This new high, so far, has been short lived, however, as it was almost immediately sold into by eager bears:Figure 1: BTC-USD, 4-Hour Candles, New HighOur current 4-hour candle is seeing a relatively easy retracement after days and days of an upward grind.
2019-3-9 02:08 | |
VET/USD trade declined from around $0. 0046 and eventually briefly dropped a bit below $0. 0042 mark. The pair may soon begin to witness price consolidation movements a bit above its 50-day SMA. VET/USD Medium-term Trend: Bearish Supply levels: $0.
2019-3-5 19:17 | |
Leading into the London open, bitcoin broke through its local support level in a move that seems to be hinting toward a downward continuation:Figure 1: BTC-USD, Daily Candles, Broken Local SupportSo far, our daily candle has yet to close, but it is currently on schedule to close below local support.
2019-3-5 02:43 | |
Shortly after falling from its test of the low $4,000s, bitcoin managed to find support in the mid $3,500s. This has proven to be a relevant level over the last few months, and finding support here would be a sign of relatively strong demand:Figure 1: BTC-USD, Daily Candles, Local SupportThe high candle spread rejection following our test of the low $4,000s was an indication that we had strong levels of supply left in the market, but for the time being we are holding support.
2019-3-1 03:44 | |
Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above.
2019-2-26 02:42 | |
Ontology has, at least temporarily, surpassed the market cap of its sister project NEO. The coin’s value increased by 54% over the week of Feb. 18, allowing it to gradually creep up on the value of NEO’s total coin supply.
2019-2-26 20:34 | |
Ethereum (ETH) the number two cryptocurrency by market capitalization according to Coin Market Cap, has experienced a strange decline in ETH supply in the face of the general cryptocurrency market recovery.
2019-2-23 22:59 | |
There was a time when one Bitcoin Cash (BCH) was worth 5x or even ten times more than one eth due to bch’s far lower supply, but bitcoin cash has... The post Bitcoin Cash Falls Below Ethereum’s Price appeared first on Trustnodes.
2019-2-17 20:34 | |
Last week, we saw a violent move to the upside as bitcoin rallied 11% over the course of one day. Since peaking in the upper $3,600s, bitcoin has seen close to zero bullish follow-through, and the price has begun to drift downward over the course of the last week:Figure 1: BTC-USD, Hourly Candles, Downward DriftDownward-drifting markets like this can often be a sign that distribution is taking place.
2019-2-15 00:21 | |
Ripple price steady, likely to find support at 30 cents Jed McCaleb wallets are dormant, yet to sell XRP from Jan 11, 2019 Transactional volumes low, pump possible Unless there is a collapse below 30 cents, XRP bulls are in control.
2019-2-6 21:00 | |
ADA/USD Long-term Trend –Ranging Supply zone: $0.0600, $0.0800, $0.1000 Demand zone: $0.0100, $0.0080, $0.0060 ADA stays in a range-bound market in its long-term outlook. $0.03800 at the lower demand area of the range was broken twice within the week but failed to close below the line. The bulls gradually set in due to a retest […]
2019-2-3 01:59 | |
Days and days of sideways consolidation and tightening volume has been the name of the game for the bitcoin market. A narrow range of $200 has caused a weeks worth of activity to coil and consolidate in preparation for bitcoin’s next move:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe figure above shows just how narrow the range has been over the last week as the market has continued to grind out support and fail to break above overhanging resistance.
2019-1-26 03:13 | |
Following last Friday’s drop, bitcoin has found itself coiled, once again, at the bottom of the range it established back in December. With the current market unable to close a new high, the market finds itself in a precarious position:Figure 1: BTC-USD, Daily Candles, Range Support TestThe blue support level shown above illustrates the boundary of the multi-week range bitcoin has been bound by.
2019-1-18 02:02 | |
Finally, after about a week or so of a tight, range-bound market, bitcoin poked right through support. This swift move dropped the price nearly 10% in the span of just a few short hours:Figure 1: BTC-USD, Hourly Candles, 11% DropNot only did this move occur on high spread, it occured on high volume.
2019-1-12 02:21 | |
ETC/USD Medium-term Trend: Bullish Supply levels: $6, $6. 50, $7 Demand levels: $3. 50, $3, $2. 50 ETC/USD market has been kept on a northward-trending mode above the buy signal line of the 50-day SMA’s trend-line barely over a week.
2018-12-25 14:42 | |
XRP /USD Price Long-term Trend: Bearish Supply levels: $0. 56, $0. 58, $ 0. 60 Demand levels: $0. 25, $0. 23, $0. 21 The price of XRP had been in a bearish trend since April 2018. The price of XRP has fallen to the low of $0.
2018-12-15 10:47 | |