Trading

Weekly Cryptocurrency Market Analysis: Altcoins Continue Their Downward Trend And Are Unable To Break The Recent High

Five cryptocurrencies showing the biggest price fall of the week are Mina, Maker, Stacks, Bitcoin SV, OKB. Cryptocurrency analysis by Coinidol.com. The cryptocurrencies listed below are the worst performing altcoins this week. The altcoins di...

XRP price reclaims $0.60, eyes 15% rally even as Ripple trading volume hits four-year low in Q3

Share: XRP price is looking to rally toward $0.700 after successfully breaching a 10-week-long barrier. The mostly positive funding rate suggests that this is not the local top, as traders are holding a long position. The biggest driving force for Ripple is its partial win against SEC, given it registered a four-year low in t...

Ripple’s XRP Explodes to $0.6, While Solana (SOL) Price Pushes $40 (Market Watch)

Bitcoin has been consolidating during the past few days, with its price staying firmly above $34K. This has given some altcoins the opportunity to boom, with XRP and SOL leading the pack amid the major cryptocurrencies. Bitcoin’s Consolidation Above $34K Bitcoin’s price has been unable to push above $35K and, instead, has been consolidating passively at around $34.4K, where it currently trades. Many analysts believe that th...

Weekly Cryptocurrency Market Analysis: Altcoins Hold Their Recent Levels And Continue Their Upward Trend

Five best performing according to the price rise cryptocurrencies of the week are THORChain, Arweave, Gala, Pepe, Solana. Cryptocurrency analysis by Coinidol.com. The recent Bitcoin rally has created new buying opportunities for cryptocurrenc...

BTC Price Rally to $40K or Correction to $31K Next? (Bitcoin Price Analysis)

By Shayan Bitcoin’s recent market shifting indicates a strong presence of buyers, signaling a potential bullish trend. However, given the rapid surge in price within a short period and the approach to a significant resistance area, a temporary correction phase in the market seems likely. The Daily Chart Upon examining the daily chart, Bitcoin has been on a noticeable uptrend since the start of 2023, pushing in an ascending...

SushiSwap price climbs 20% with suspicion of manipulation as new wallet buys SUSHI

Share: SushiSwap price is up almost 20%, liquidating thrice the number of shorts than longs. SUSHI could stretch an additional 5% to clear the $0.80 psychological level, with Lookonchain speculating manipulation. A fresh wallet is buying SUSHI on DEX and depositing USDC to perpetual exchanges like dYdX through multiple addres...

BTC Price Unable to Progress as Ripple (XRP) Targets $0.6: Market Watch

Bitcoin’s price is trying to push toward the coveted level of $35K but has so far been unable to progress. The rest of the cryptocurrency market seems to continue with its consolidation, with some altcoins performing better than others. Let’s dive in. Is $35K Slipping Away? As CryptoPotato reported yesterday, the Bitcoin price was trading above $34K and seemingly pushing for $35K. Today, the price remains above $34K, but it...

US Fed interest rate preview: Two scenarios for Bitcoin and Ethereum prices

Share: Bitcoin and Ethereum prices are close to key psychological levels, $34,400 and $1,800, ahead of the Federal Reserve’s interest rate decision.  Cryptocurrencies in the top 10 by market capitalization noted an increase in their prices in the week leading up to the Fed’s decision. Traders foresee a 98.2% probability that ...

Binance could lose its top spot as institutions pour $326 million into crypto investment products

Share: Binance is facing a challenge from the CME Group as the world’s biggest Bitcoin Futures market, with a difference of just $300 million. The increase in institutional interest is one of the biggest contributors to this phenomenon, who are more prone to trade on CME exchanges. The past week registered $326 million worth ...

Bitcoin Price Pushes for $35K as This Altcoin Blows Up (Market Watch)

The past 24 hours saw Bitcoin’s price consolidate and inch closer to the coveted resistance level of $35,000. It hasn’t been the most impressive story, however, as Axie Infinity (AXS) exploded by a whopping 16% throughout the same period. Bitcoin (BTC) Price Pushing $35K As can be seen in the chart below, Bitcoin’s price is currently attempting a push toward the resistance level situated at the coveted $35,000 mark. It’s w...
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