The cryptocurrency rally this month was so robust that traders are looking out for the price bottom. Is the market there yet, or will bears take the prices back down to key optical support at $20K? Here are four new bullish indicators for the BTC price. Solid MA Crossover in New Bitcoin Addresses On-chain intelligence and insights firm Glassnode has spotted a bullish technical signal in Bitcoin addresses. The 30-day simple moving average (SMA) has charted above the 200-day...
Read More »Top Celebs and Investors Still Stand with Bitcoin
Bitcoin had a rough 2022, but that hasn’t stopped high-ranking celebrities and investors from praising it. They feel that while bitcoin may have had a rough 12 months, things can always return to form, and they’re not turning their backs on the world’s number one digital currency by market cap yet. Bitcoin Is Still the Apple of Many Celebrities’ Eyes Bitcoin hit a new all-time high of about $68,000 per unit in November of 2021. Just a year later, the currency was trading...
Read More »XRP Battles for $0.40 as Bears Starting to Poak Their Heads (Ripple Price Analysis)
Ripple’s price has been on the rise over the last couple of weeks following Bitcoin’s rally. However, there are still significant resistance levels that should be claimed before a bullish shift in the market structure takes shape. Technical Analysis By: Edris XRP/USDT Daily Chart: On the daily USDT chart, the price has been rallying following a rebound from the critical $0.3 level earlier in the month. Ripple is currently trapped between the 50-day and 100-day moving...
Read More »Warning Signs Flash for Ethereum as Rally Cools Down (ETH Price Analysis)
Ethereum’s price surge has seemingly halted after rallying over the past couple of weeks. With multiple key resistance levels broken, the market seems likely to enter a bullish phase. However, some warning signals are emerging. Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has broken past the $1300 resistance level, and the 200-day moving average is around the $1400 mark. Yet, bullish momentum has been fading recently, making a bearish...
Read More »Alphabet Reportedly Set to Layoff 12,000 Employees
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Read More »Ericsson Q4 2022 Earnings Report Sees Income Slide on Waning 5G Equipment Sales in Key Markets
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Read More »Netflix Overthrows Expectation on Subscribers in Q4, CEO Steps Down
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Read More »Procter & Gamble Reveals Underwhelming Revenue Impacted by Higher Product Prices in Fiscal Q2 2023 Statement
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Read More »Coinbase wird Premium Partner von Borussia Dortmund
Coinbase, die globale Krypto-Plattform baut seine Partnerschaft mit Borussia Dortmund aus und wird Premium Partner des Fußball-Bundesligisten und achtmaligen Deutschen Meisters. „Wir freuen uns, unser Engagement auf dem deutschen Markt zu vertiefen und auf die Zusammenarbeit mit dem BVB. Coinbase mit seiner Krypto-Plattform und Borussia Dortmund im sportlichen Bereich stehen beide für Innovation, Vertrauen und Verantwortung. Wir freuen uns sehr, einen Partner zu haben, der an die...
Read More »Bitcoin Cash Analysis: Dips Remain Attractive Near $115
Bitcoin cash started a decent increase above the $108 and $112 resistance levels against the US Dollar. The price is now trading above the $115 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $118 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $125 and $130 to continue higher in the near term. Bitcoin cash price is climbing above $115 against the US Dollar, similar to...
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