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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


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Cardano To Shed Its Gains? Profit-Taking Spikes To High Levels

On-chain data shows the profit-taking among Cardano investors has spiked to high levels, a sign that the asset may register a decline in the coming days. Cardano Has Observed High Profit-Taking After The Rally According to data from the on-chain analytics firm Santiment, AAVE, ADA, and CRV are among the altcoins that have recently observed the most extreme profit-taking. дальше »

2023-10-4 20:00


Ethereum’s Top Competitor Outpaces ETH in Gains – Essential Resistance Levels to Watch

Ethereum’s notable rival, Solana (SOL), is currently exhibiting a bullish breakout from a Falling Wedge pattern, indicating a potential trend reversal in the market. This significant development is further highlighted by Solana’s position above the 200-day moving average, which is approximately valued at $21. дальше »

2023-10-2 20:00


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Here’s the biggest risk facing Cardano, Solana, Polygon, XRP, Cosmos

Investors are getting fearful as risks to the financial market rise. The fear and greed index has retreated from the year-to-date high of over 80 to the fear zone of 34. As a result, American stocks have pulled back from their highest levels this year, with the Nasdaq 100, S&P 500, and Dow Jones have […] The post Here’s the biggest risk facing Cardano, Solana, Polygon, XRP, Cosmos appeared first on Invezz. дальше »

2023-9-27 14:13


What The Drop In Spot And Derivatives Volumes Means For The Price Of Bitcoin

It has been a quiet week of caution for Bitcoin traders in terms of price action. This caution has trickled into trading volume in particular, as volumes on major crypto exchanges for both spot Bitcoin trading and Bitcoin derivatives have fallen far below their levels at the beginning of the year. On-chain data from CryptoQuant […] дальше »

2023-9-25 21:50


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Ethereum Network Fees Hit 2023 Lows – Potential Implications for Utility and Market Cap

Ethereum (ETH) has recently experienced a significant drop in network fees, reaching their lowest levels in 2023 at just $1.15 per transaction. This decline in transaction fees is reminiscent of levels last seen in late December 2022, and it carries important implications for both Ethereum’s utility and its potential to recover market capitalization. Lower Network […] дальше »

2023-9-26 10:32