Analysis

Bitcoin, Ethereum Technical Analysis: ETH Hits 3-Week High Ahead of FOMC Minutes

by

Ethereum rose to a three-week high on Jan. 4, as markets prepared for the release of the latest Federal Open Market Committee (FOMC) minutes. Wednesday’s report will likely show the U.S. Federal Reserve’s view on the economy, and further detail its…

Bitcoin, Ethereum Technical Analysis: BTC Nears $17,000 Ahead of Christmas Day

by

Bitcoin rose closer to the $17,000 level on Saturday, despite crypto markets mostly consolidating to start the week. The global cryptocurrency market cap is down 0.32% as of writing. Ethereum was also higher earlier in the day, with prices nearing the…

Biggest Movers: DOGE Rebounds on Thursday, LTC Nears 1-Week High

by

Dogecoin rebounded from Wednesday’s decline, as the meme coin moved away from a key support level. Prices have been hovering close to a two-month low in recent days, with today’s surge bringing optimism to remaining bulls. Litecoin was also higher, as…

Biggest Movers: ETC Moves Away From Multi-Month Lows, as XMR Extends Recent Gains

by

Ethereum classic rallied for a second straight session on Wednesday, following better-than-expected U.S. consumer confidence data. The figures showed that confidence among American consumers rose to the highest level in eight months, with a reading of 108.3. Monero was also higher…

Biggest Movers: ADA Hits Fresh Record Low, BNB Down for Seventh Straight Day

by

Cardano fell to a fresh all-time low on Saturday, as prices plunged by over 10% to start the weekend. The move saw the token drop for a third straight session, as a red wave swept through cryptocurrency markets. Binance coin also…

Biggest Movers: ADA Hits All-Time Low on Friday, MATIC Extends Recent Downtrend

by

Cardano fell to an all-time low on Friday, as sentiment in crypto markets remained bearish in today’s session. The token fell for a third consecutive day, with prices moving below a key price floor in the process. Polygon also extended recent…

Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower Ahead of US Inflation Data

by

Bitcoin was trading under $17,000 to start the week, as markets prepared for a big week of economic announcements. U.S. inflation figures will be released tomorrow, and are expected to fall to 7.3%. Many believe this will give way to the…

Biggest Movers: UNI Higher, DOGE in Red on Saturday

by

Uniswap was in the green to start the weekend, despite cryptocurrency markets mostly consolidating. The token rebounded from losses suffered on Friday, moving closer to a key resistance level in the process. Dogecoin, on the other hand, fell lower on Saturday…

Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,300 Following Monday’s False Breakout

by

Ethereum was in the red on Tuesday, as bears reentered the market following a failed breakout of a key resistance level. Prices failed to sustain yesterday’s move above $1,300, with momentum slipping in today’s session. Bitcoin was also lower, however is…