At present, XRP is contending with a bearish trade setup marked by unabated resistance, strong selling pressure and clear bearish indicators displayed on its futures market. Noted crypto analyst Dark Defender has found key support and resistance levels that may dictate the crypto’s next big move. Though recent price action...
Another green flag On March 24, the Hash Ribbon technical analysis tool — one of the best market sentiment indicators for Bitcoin — printed a buy signal. This was our first buy signal in eight months! This bullish signal is noticeable on daily and weekly timeframes, pointing towards a strong...
The Movement Network Foundation will execute a three-month buyback of MOVE tokens, utilizing $38 million recovered from a market maker. This decision follows an incident where the market maker, tasked with providing liquidity for the MOVE token on Binance, allegedly engaged in misconduct after the token's listing. The organization has...
In tandem with this news, Dogecoin (DOGE) continues to experience a spectacular price rally. In that time, it surged nearly 7% to hit $0.181 as of March 25. En route to that high, at its intraday peak the memecoin traded as high as $0.189, which is its highest price in...
Solana (SOL) is one of the few assets that has enjoyed a tremendous price jump recently, surging above $140. This march is driven by a combination of anger, frustration, and hope. Heightened network activity, stratospheric growth in decentralized finance (DeFi) protocols, and widespread speculation about an imminent spot Exchange Traded...
Bitcoin continued its bullish momentum late on Sunday March 23rd. This robust movement earned it its strongest weekly performance in more than two months. The rally pushed Bitcoin up 4.24% to an intra-day high at $88,804, providing a weekly close above $84,600. This has boosted the chances of BTC potentially...
Binance Coin (BNB) is very close to one of its more important support levels right now. Today, analysts are looking out for the 20-day Exponential Moving Average (EMA), which is at $613. This price level acts as a major psychological barrier that may define the short-term direction of BNB’s price...
Bitcoin (BTC) finds itself at a critical inflection point today. It needs to retake an important support level soon or it risks all time new local lows, according to Crypto Market Analysis. This all comes as BTC/USD broke above $88,772 on Bitstamp, its highest price since March 7. The market...
MicroStrategy recently made a big splash with the crypto-asset, adding another $584 million of Bitcoin to its balance sheet. Together, this sharp move matches brighter macroeconomic knife turns emerging in process policy. After all, the US central bank is loosening monetary policy and President Trump has hinted in recent days...
XRP has entered one of its most important crossroads as it nears a significant resistance zone at $2.66. Looking at data from a recent one-month liquidation heatmap on Binance, we can see the large concentration of liquidations clustered very closely around this price point. That means a substantial amount of...