Ethereum price (ETH) is in the bullish trend zone as it moves three times closer to the resistance level of $1,920.
Long-term analysis of the Ethereum price: bullish
Since the price cut on May 11, the Ether price has only fluctuated betwee...
The past seven days saw the cryptocurrency market increase, but it wasn’t something particularly considerable. Bitcoin remained rather stagnant and managed an increase of slightly more than one percent. However, there were those who exploded and led the market’s recovery. Namely, XRP. Let’s dive in.
Starting with the BTC price – it wasn’t very impressive during the last week. In fact, the primary cryptocurrency only booked ...
The past 24 hours saw another dip from bitcoin that drove it south to its lowest price position in a week, but the asset managed to erase those losses in the following hours.
The altcoins are slightly in the green on a daily scale now, as ETH has neared $1,900, while ADA and XRP are up by 2-3%.
BTC Uncertain at $27K
Ever since it tapped a two-week high at $28,500 this week, bitcoin’s performance has been quite underwhelming...
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The US economy added 339,000 jobs in May, beating market expectations of 190,000.
May US NFP data release signals a hot job market, with experts saying it is consistent with a soft landing for the economy.
Annual wage growth has slowed, pointing at cooling inflation pressures and thus less likelihood of a rate hike.
...
Bitcoin (BTC) price has continued to move below the moving average lines.
Bitcoin price long-term forecast: bearish
Since the price collapse on May 12, the bitcoin price has been limited to a range between $26,000 and $28,000. Over the past...
Bitcoin’s price slipped once again as May came to its end, and thus the asset registered its first losing month since the start of the year.
Most altcoins are in no better shape, aside from Litecoin, QNT, GRT, and a few more.
BTC First Red Month in 2023
The primary cryptocurrency had a choppy month. Looking at the end of it, one can see that it failed to breach the resistance levels at $27,500 despite several attempts. More...
Cardano (ADA) price rises as it breaks through the moving average lines, but it remains below the 50-day SMA.
Cardano price long-term forecasts: bearish
In other words: After the recent rise, Cardano is trapped between the moving average l...
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Bitcoin price ended its four-month positive return streak as May noted a negative return of 6.92%.
Historical monthly return suggests that BTC is likely to remain in the red for the next quarter as well.
Based on this data, investors can expect the bull run to restart in October 2023.
With worsening macroeconomic c...
After charting a three-week high recently, BTC stalled at around $28,000 but dumped hard in the past several hours.
The altcoins have also turned red, with ETH dropping under $1,900. The total market cap is down by over $20 billion in a day.
BTC Rejected at $28K
Bitcoin fell hard on Thursday to a two-week low below $26,000 but reacted well and recovered almost all losses by the weekend. Sunday saw another minor leg-up that ...
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Coinbase CEO Brian Armstrong said China will benefit from the enforcement of restrictive US crypto policies.
The China coin narrative gains traction as Armstrong highlights Hong Kong emergence as a global crypto hub.
Conflux, NEO, TRON, Alchemy Pay and Sandbox are likely to benefit from China inflows.
Brian Armstro...
