Tag Archives: ADABTC

The latest developments in the US claiming that a Bitcoin ETF might be just around the corner pushed the cryptocurrency to $63,000 hours ago. Most altcoins have failed to follow their leader north, and the BTC dominance reached a near three-month high. Bitcoin Came $2K Away from ATH On October 13th – just three days ago – the primary digital asset had dipped below $55,000 after getting rejected at the $58,000 level. The situation quickly changed in the following days, and BTC...

Ethereum Ethereum managed to increase by 6.4% this week as it continues to climb higher inside an ascending price channel. The price channel formed at the start of October after ETH found support and reversed at $2800. Last week, ETH found resistance at $3600, causing it to fall into the support at $3400. It bounced from $3400 on Wednesday as it hit the lower boundary of the price channel. Yesterday, ETH managed to break $3600 and push higher into resistance at $3790 (bearish...

The price of bitcoin went on another run in the past 24 hours and briefly exceeded $57,000 for the first time in five months. Most alternative coins seem left behind as BTC’s dominance continues to increase. Bitcoin Touched $57K It’s safe to say that BTC has returned to its bullish trajectory after it recovered from its sub-$41,000 dips two weeks ago. In the days that followed, the cryptocurrency added a significant chunk of value, broke above $50,000 for the first time in a...

Following yesterday’s price slide below $54,000, bitcoin has started increasing in value once more and has neared $56,000. Although some altcoins like XRP and DOT have charted notable gains in the past 24 hours, BTC’s dominance has also risen. Bitcoin Aims at $56K The primary cryptocurrency exploded above $50,000 on October 5th and hasn’t looked back since. Just the opposite, it has been mainly on the offensive, which resulted in tapping $56,000 a few days ago for the first...

After touching $56,000 for the first time in five months, bitcoin retraced slightly and currently stands around $55,000. Most altcoins continue with indecisive moves in either direction, except for Shiba Inu, which has gone on the offensive once more with a 35% daily surge. Bitcoin Stalls at $55K The past week or so showed once more how quickly the landscape could change in the cryptocurrency markets. Bitcoin entered October at around $45,000 after recovering $4,000 in days...

Bitcoin Bitcoin is up by an incredible 25.7% this week as the cryptocurrency surges beyond $55,000. The increase started at the beginning of October when it managed to break above a descending price channel and go above the 50-day MA. Since then, BTC surged higher during the week until it broke the September highs at $53,000 and met resistance at $55,400 on Wednesday. It did attempt to break above $55,400 today, reaching as high as $56,000 (1.414 Fib Extension) but is showing...

ADA/USD – Bulls Struggle To Make Ground Above 20-day MA Key Support Levels: $2.20, $2.00, $1.95.Key Resistance Levels: $2.22, $2.36, $2.50. ADA rebounded from the support at $2 (.618 Fib) on Friday and broke above the September descending trend line. Although it did spike above the 20-day MA to reach as high as $2.36 (bearish .382 Fib), it could never close above that level. Over the weekend, ADA continued to trade beneath the 20-day MA as it failed to establish any...

Following the past few days of marking gains, bitcoin has calmed a bit around the $48,000 mark. Some alternative coins have kept climbing, though, with Solana surging 8% and Terra jumping to a new all-time high after a 20% daily increase. LUNA Marks New ATH: Sol 8% Up The alternative coins have been on a roll in the past few days after the mid-week price drops. Ethereum had dipped to $2,900 following the latest Chinese Fud. However, ETH has reclaimed more than $500 since then...

Following yet another price surge in the past 24 hours, bitcoin neared and even briefly exceeded $48,000. The alternative coins are also well in the green, with ETH closing down to $3,300. However, AXS is the most significant gainer once more, with a 50% surge to a new ATH. Bitcoin Tapped $48K A lot can change in the cryptocurrency space in just a few days. Back on September 29th, bitcoin struggled with its third consecutive drop below $41,000. However, the bulls intercepted...

Ethereum Ethereum is up a solid 9% today as the cryptocurrency surges past $3000 again. The coin has now broken the upper boundary of the previous range that it was trading inside over the past fortnight. The range was between $3150 and $2800 and Ethereum bounced from the lower boundary on Wednesday, where it found support at the 100-day MA. Since then, ETH managed to break the September descending trend line and head back above the 20-day MA. Looking ahead, the first...