Bitcoin Traders Turn Bearish Despite Price Recovery Above $97,000, Here Are The Numbers
The Bitcoin price has recovered above $97,000, providing a bullish outlook for the flagship crypto. Despite this development, BTC traders still look apprehensive as their strategy suggests they are still bearish on the current price action. Bitcoin Traders Turn Bearish Following Price Recovery In an X post, crypto analyst Ali Martinez revealed that Bitcoin traders…
Cardano Whales Go On A Shopping Spree – 100 Million ADA in 48 Hours
Cardano is at a pivotal moment, striving to hold the $1 mark as a key support level to sustain its upward momentum. The altcoin has experienced significant volatility in recent trading sessions, with a dramatic 15% drop followed by an impressive recovery of over 20% within just 24 hours. This rapid price action has brought…
Social Media Turns Bullish On Dogecoin, Solana As Market Rebounds
Data shows the social media sentiment around Dogecoin and Solana has seen a significant improvement following the market turnaround. Social Media Is Now Bullish On Dogecoin, Solana, & Cardano In a new post on X, the analytics firm Santiment has discussed what sentiment the traders on social media currently hold toward the various top assets…
Bitcoin Price Reaches $100K: A Make-or-Break Moment for Bulls
Bitcoin price is attempting a recovery wave above the $98,000 zone. BTC is rising and now struggles to settle above the $100,000 zone. Bitcoin started a recovery wave above the $98,000 zone. The price is trading above $98,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support…
Ethereum Price Picks Up Speed: Recovery in Full Swing
Ethereum price started a decent recovery wave above the $3,240 zone. ETH is rising and facing hurdles near the $3,480 zone. Ethereum started a minor recovery wave above the $3,240 zone. The price is trading above $3,320 and the 100-hourly Simple Moving Average. There was a break above a short-term contracting triangle with resistance at…
Bitcoin Breakout Alert: Research Company Head Shares Key Timeline
The chief research analyst at 10x Research, Markus Thielen, thinks Bitcoin has a bright future. If Thielen’s crystal ball is correct, the digital asset might potentially experience significant price swings on January 29, 2025, once it breaks out of its so-called “symmetrical triangle” formation. However, the path to this breakout is fraught with variables that…
XRP Price Gains 10%, Stealing The Spotlight from Bitcoin
XRP price started a fresh increase above the $2.80 level. The price is up over 10% and might continue to rise if it clears the $3.20 resistance. XRP price gained over 10% and rallied above the $2.80 zone. The price is now trading above $2.850 and the 100-hourly Simple Moving Average. There is a connecting…
Is Bitcoin’s Upward Cycle Back? Key Insights Into The Latest Recovery
Bitcoin (BTC) has rebounded to trade above $99,000 following its significant dip earlier this week. While the latest US Consumer Price Index (CPI) news appears to have contributed to this quick recovery, it has also drawn attention from analysts, who are closely monitoring key metrics to understand the market’s next move. A CryptoQuant contributor known…
Solana (SOL) Back Above $200: Will It Hold or Fade?
Solana started a decent increase above the $188 resistance. SOL price is back above $200 and might struggle to continue higher above $205. SOL price started a fresh increase above the $185 and $188 levels against the US Dollar. The price is now trading above $195 and the 100-hourly simple moving average. There is a…
Ethereum Whales Absorb $1 Million Loss As Market Caution Intensifies
The current market action of Ethereum has generated significant interest, especially among its large investors. A whale liquidated 10,070 ETH, resulting in an approximate loss of $1 million. The sell-off transpired as Ethereum’s price faltered in sustaining momentum, hovering around $3,280 during the transaction. A Whale’s Desperate Maneuver The decision to sell a large amount…