Bitcoin

Can Monero (XMR) Maintain Upside Amid Recovering Market Sentiment?
31 May

Can Monero (XMR) Maintain Upside Amid Recovering Market Sentiment?

Edward RichardsonBitcoin, Crypto News, Cryptocurrency, Monero (XMR), Price Analysis, Trading
Monero can be one of the lucrative cryptos for investors interested in riding recovery waves following the crypto crash of May. The alternative token recorded an impressive jump as most assets struggled to rebound. Furthermore, XMR maintains an attractive stance for this week, as some upticks allowed it to retrain the latest gains. Monero surged nearly 75% from the May 12 local low. The remarkable upside move seems to have seen hindrance at 0.236 FIB line, peaking near $208. The resistance led to a brief correction as the previous week ended. Fortunately, bulls stepped up during the past weekend, triggering…
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Shiba Inu (SHIB): Tips for Holders to Sail Through Crypto Winter
29 May

Shiba Inu (SHIB): Tips for Holders to Sail Through Crypto Winter

Edward RichardsonBitcoin, Crypto News, Cryptocurrency, Dogecoin (DOGE), Price Analysis, Shiba Inu (SHIB)
For now, the crypto market struggles to overcome persistent bearishness. Though the space appears scary, faith and patience might be essential. Meanwhile, Shiba Inu holders out to go with the HOLDLing law. Also, they should trust in the prevailing market situations to maximize profits. The DOGE competitor has lost many weak hands as the redistribution event flourished. While publishing this content, about 75% of Shiba Inu holders remained in losses with cryptocurrency winter dominating. Moreover, several partnerships have failed to push the alt higher on its price chart. Shiba Inu traded near $0.00001073 at this publication, relatively flat within the…
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Tezos (XTZ) Might Challenge $2.5 Daily Resistance – Price Analysis
25 May

Tezos (XTZ) Might Challenge $2.5 Daily Resistance – Price Analysis

Edward RichardsonBitcoin, Crypto News, Cryptocurrency, Decentralized Finance (DeFi), Price Analysis, Tezos (XTZ)
Tezos price trends reveal bullish trends. XTZ has resistance at $2.5. The support level stands at $1.81. Tezos price reveals bullishness as the alternative token climes towards $2.09 following a slight consolidation around the $1.80 value area. Bulls stepped up to catalyze upside actions after XTZ broke past an ascending triangle setup. Meanwhile, Tezos dipped into a consolidation period after rising towards $2.49, trading within an ascending triangle setup as bears and bulls battled for market dominance. Bulls saw victory as they drove XTZ to $2.09, eyeing the target at $2.49. Breaking beyond this area would see Tezos exploring $3…
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Bitcoin (BTC) Explores sub-$29K Despite NASDAQ Rally
24 May

Bitcoin (BTC) Explores sub-$29K Despite NASDAQ Rally

Noe CliffBitcoin, Crypto News, Cryptocurrency, Price Analysis, Trading
Bitcoin reversed on Monday as regulatory reforms dented market sentiment. The declines emerged even as NASDAQ 100 recorded a rally. Bitcoin stretched the previous week's 3.30% drop with yesterday's 3.93% drop, ending the day near $29,076. The bearish reaction emerged regardless of NASDAQ 100 gaining 1.59%, with crypto space anxiety amidst possible regulatory landscape shift. BTC indicators display red as the token stayed under50-dayEMA. Bitcoin lost 3.39% yesterday to reverse Sunday's 2.9% increase, ending the day near $29,076. Meanwhile, NASDAQ 100 recovered from its red to end the day in a positive region. BTC dip buyers could not offer support…
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Bitcoin (BTC) Records Massive Bullish Divergence, Moving Above $30K
23 May

Bitcoin (BTC) Records Massive Bullish Divergence, Moving Above $30K

Edward RichardsonBitcoin, Crypto News, Cryptocurrency, Price Analysis
After hovering beneath $30,000 for most of the week, Bitcoin noted a steady bullish divergence during Sunday's late sessions. While publishing this content, BTC traded at $30,167.58, gaining 2.89% within the last 24 hours. Maintaining beyond the crucial hurdle of $30K is critical for near-term upticks. Renowned cryptocurrency analyst Lark Davis stated that BTC presented a massive bullish divergence, a case never seen in the past year. Can that mean a colossal upside rally in the making? Davis added that there's hope following dominant bearishness regardless of the pessimistic readings from the global macro formation. It remains fascinating to see…
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Dogecoin (DOGE) Still Faces Rejection Beneath $0.1 – Price Analysis
22 May

Dogecoin (DOGE) Still Faces Rejection Beneath $0.1 – Price Analysis

Edward RichardsonAvalanche (AVAX), Bitcoin, Cardano (ADA), Crypto News, Cryptocurrency, Dogecoin (DOGE), Ethereum (ETH), Polkadot (DOT), Price Analysis, Ripple (XRP), Solana (SOL)
Dogecoin's price reveals stagnations near the $0.08 level. The meme coin has hovered near $0.1 since the 11 May colossal fall. Dogecoin's 24hr trading volume declined by 32%. Dogecoin price exhibits bearish signals today, maintaining similar trends seen over the previous three days. The meme coin has stagnated near the $0.08 level. While publishing this content, Dogecoin traded at a day high at $0.08647, gaining 2.48% within the past 24 hours. Nevertheless, Dogecoin has failed to trigger sustained upswings since the 11 May massive crash. The current price action reveals stagnation conditions, and the meme coin might drop before uptrends.…
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Cryptos to Watch This Week: BTC, XRP, SOL
16 May

Cryptos to Watch This Week: BTC, XRP, SOL

Edward RichardsonBitcoin, Decentralized Finance (DeFi), Price Analysis, Ripple (XRP), Solana (SOL), Terra (LUNA)
Bitcoin's drop to $25.8K and the Terra ecosystem fallout triggered crashes in the marketplace as most tokens witnessed double-digit losses. Bitcoin price tried to regain levels beyond $30,000. The global crypto market capitalization hovers beneath $1.3 trillion. Some of the cryptos to watch this week are BTC, XRP, and SOL. The broad crypto marketplace witnessed bearish waves over the past week as Bitcoin lost near 30% within ten days to hit $25K, levels last seen in late 2020. The Bitcoin-driven plummets and fallouts in Terra's UST and LUNA saw the cumulative market cap crash to $1.28 trillion at this publication.…
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Should You Continue Shorting IOTA in The Upcoming Days?
11 May

Should You Continue Shorting IOTA in The Upcoming Days?

Edward RichardsonAltcoins, Bitcoin, Crypto News, Cryptocurrency, Price Analysis
The past couple of months had IOTA's action backing a bearish thesis. An extended downside wave since September 2021 peaks showed a bull cycle end. Meanwhile, the current dominant bears saw the alternative coin plummeting towards a multi-month baseline near $0.389. Considering the liquidity range, IOTA needed to overcome the 23.6% obstacle to reignite any massive bull run chances. While publishing this content, IOTA traded near $0.4372, surging 1.81% within the past day. IOTA Daily Timeframe IOTA witnessed a significant breakdown from its long-term downward channel's upper trend-line. After barely hovering beyond the 20 Exponential Moving Average and 50 Exponential…
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