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Resilient Bitcoin defies interest rate pressures and technical resistance

Quick Take In a striking reversal from the start of the week, CryptoSlate reports a resurgence of Bitcoin, which was grappling beneath key technical levels but has since ascended above them. This recovery is significant, given the substantial resistance observed near $28,000, a level influenced by the 200-week, 200-day, and 111-day moving averages and the […] The post Resilient Bitcoin defies interest rate pressures and technical resistance appeared first on CryptoSlate. дальше »

2023-10-19 12:55


Traders Bet On Kaspa (KAS) Rally After Spotting This Bullish Indicator During 12% Surge

The analysis of Kaspa (KAS) shows that the MACD (Moving Average Convergence Divergence) is tantalizingly close to a bullish crossover, a sign often considered a green light by traders. For the uninitiated, MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. дальше »

2023-9-6 16:00


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Bitcoin Freefall Alert: On-Chain Metrics Expose Vulnerability, Targets $23,000

The recent decline in Bitcoin (BTC) has raised concerns among market participants as the largest cryptocurrency struggles to maintain its upward momentum.   With the loss of key moving averages and the $27,000 level, BTC’s sharp decline has been exacerbated by negative market sentiment and delays in the approval of spot Bitcoin Exchange-Traded Funds (ETFs) by the US Securities and Exchange Commission (SEC). дальше »

2023-9-1 21:00


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Bitcoin Price Supported By Thin $40 Million Bid Pool, But For How Long?

In the ongoing market turbulence on higher timeframes, Bitcoin (BTC) is at a crucial juncture as a great consolidation phase persists. Research and analysis firm Material Indicators closely monitored the recent weekly candle close/open, paying particular attention to two key factors: the trend line and the 21-day, 21-week, and 21-month moving averages (MA) – all of which are currently influential in shaping market dynamics. дальше »

2023-8-15 02:00


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Fidelity Backs Ethereum: Wall Street’s Biggest Players Bet On Crypto’s Number 2

Fidelity, a leading financial services provider, has recently released a report on Ethereum (ETH) that sheds light on some key metrics to watch for the cryptocurrency in the coming months.   The report highlights several important indicators, including the 50-day and 200-day moving averages (MA), the realized price, the Net Unrealized Profit/Loss (NUPL) ratio, Market Value to Realized Value (MVRV) Z-Score, percent in profit, and the Pi Cycle indicators, all of which can provide valuable insights into market sentiment and potential price movements. дальше »

2023-7-25 05:00


Stablecoin Supply Approaches Death Cross, Bad News For Bitcoin?

On-chain data shows the stablecoin supply long-term and short-term moving averages are close to a death cross. Here’s what it means for Bitcoin. Stablecoin Circulating Supply Moving Averages Close In On Death Cross As pointed out by an analyst in a CryptoQuant post, if the stablecoin supply doesn’t increase, a bear market could return for Bitcoin. дальше »

2023-2-1 15:52