Here is why MATIC traders can expect selling pressure to increase at $1.03

2023-1-25 00:30

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The $1.05 has posed stern resistance in tThe post Here is why MATIC traders can expect selling pressure to increase at $1.03 appeared first on AMBCrypto.

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Research: Bitcoin remains under pressure ahead of CPI data; Michael Burry makes stagflation call

Analysts forecast a year-over-year increase of 6.5% in the United States Consumer Price Index (CPI) for December 2022 — with the Bureau of Labor Statistics’ official data releasing January 12 — but 2023 could bring some upside as investor Michael Burry expects CPI to move lower this year but warned that any subsequent pivot on interest […] The post Research: Bitcoin remains under pressure ahead of CPI data; Michael Burry makes stagflation call appeared first on CryptoSlate.

2023-1-12 23:35


Will The Bitcoin Short-Term Holder Breakeven Point Act As Resistance Again?

On-chain data shows the Bitcoin short-term holder SOPR is approaching the “breakeven” value, a point that has acted as resistance for the crypto’s price in the past. Bitcoin Short-Term Holder SOPR Surges Up And Approaches A Value Of “1” As pointed out by an analyst in a CryptoQuant post, the selling pressure from the short-term holders may see an increase if their SOPR keeps rising up.

2022-7-31 22:00


Top 3 Metaverse Crypto Coins Below $14 Million Market Cap to Watch in July 2022

With the latest release of CPI data, inflation is rising, and crypto markets continue to face mounting bearish pressure. While some traders might take the short-term selloff as negative news, for long-term investors, the decreasing prices for digital assets spell an increase in opportunity to Dollar-Cost Average and purchase underrated projects at undervalued prices.

2022-7-14 17:55


Ethereum To Delayed Merge?, ETH Price Plunges Below $1,700

Ethereum has broken below $1,700 since July 2021. At that time, ETH’s price was reacting to the downside due to an increase in selling pressure across the crypto market. Related Reading | TA: Ethereum Holds Key Support, Why ETH Must Clear This Hurdle This time, Ethereum seems to be reacting to poor macro-economic conditions, and a potential delay in its most important milestone in recent history: The Merge.

2022-6-11 01:51


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Cardano (ADA) is now available on the Nexo Exchange

Users of Nexo can now purchase and sell the Cardano (ADA/USD) coin, get loans backed by Cardano with interest from around 7% and earn up to 8% interest on the coin. The addition of Cardano will not only create more buying pressure for ADA, but also reduce selling pressure and increase its utility according to […] The post Cardano (ADA) is now available on the Nexo Exchange appeared first on Invezz.

2021-7-2 16:04


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This analyst believes exchanges will spearhead the next bearish Bitcoin tide, but CZ strongly vouches for Binance

The majority of Bitcoin proponents have remained bullish as they go all-in on the oldest and most valued cryptocurrency the world has ever known. With whales betting big on Bitcoin, buying pressure has increased immensely, so much that Bitcoin saw over a 35% increase in the value to its current price within the last two […]

2020-5-10 20:47