Bitcoin Faces Fifth Consecutive Rejection At $72,000, Is Another Correction Coming?

Ahead of its monthly close, Bitcoin (BTC) has seen another unsuccessful attempt to reclaim the $72,000 resistance as a support level. Despite the drop, some analysts consider the cryptocurrency is still in a strong position for an upcoming breakout, setting the next levels to watch. BTC’s Sweet 16 Party Turns Spooky Bitcoin, the largest cryptocurrency… Continue reading Bitcoin Faces Fifth Consecutive Rejection At $72,000, Is Another Correction Coming?

Analyst Claims Ethereum ‘Is Not Dying,’ Bitcoin Surge No Threat To Ether

This week has witnessed remarkable growth in the global cryptocurrency market, spearheaded by Bitcoin. Today, the total market capitalization of the cryptocurrency market stands at $2.44 trillion, an increase of 1.61% from the previous day. Most of the digital assets are in the green zone meaning that their prices are rising and the outlook of… Continue reading Analyst Claims Ethereum ‘Is Not Dying,’ Bitcoin Surge No Threat To Ether

Ethereum Price Completes 12 Weeks Of Bottom Formation, Analyst Says Don’t Aim Lower Than $4,900 ATH

Technical analysis suggests the days of the Ethereum price consolidation might be over very soon. At the time of writing, current consolidation situation it finds itself under.  However, according to a technical analysis on TradingView, the Ethereum price could be well on its way to reaching a new all-time high after 12 weeks of consolidation.… Continue reading Ethereum Price Completes 12 Weeks Of Bottom Formation, Analyst Says Don’t Aim Lower Than $4,900 ATH

Ethereum Price Consolidates Gains: Is It Ready for Another Push?

Ethereum price started a fresh increase above the $2,600 resistance. ETH is consolidating gains and might aim for a move above the $2,720 resistance. Ethereum started a decent increase above the $2,650 zone. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support… Continue reading Ethereum Price Consolidates Gains: Is It Ready for Another Push?

Analyst Says It’s ‘Time To Be Bullish On Ethereum’ As ETH Retests $2,700

On Wednesday, Ethereum (ETH) surged above the $2,700 mark for the first time in over a week, sparking a bullish sentiment among several crypto analysts. Some suggested that the second-largest cryptocurrency will soon break from the next resistance level and reclaim the $3,000 mark. Ethereum Retests $2,700 Ethereum surged above a key resistance level on… Continue reading Analyst Says It’s ‘Time To Be Bullish On Ethereum’ As ETH Retests $2,700

Ethereum Holds Key Support To Set A $6,000 Target – Analyst

Ethereum (ETH) is showing strength, finding support at a critical level around $2,400 and pushing to local highs near $2,800. Top analyst Ali Martinez shared a technical analysis highlighting Ethereum’s potential to break out. Holding this key level suggests ETH could be on the verge of a significant rally.  Martinez’s analysis points to a large… Continue reading Ethereum Holds Key Support To Set A $6,000 Target – Analyst

Ethereum Price Lags While Bitcoin Moves Toward New ATH

Ethereum price started a fresh increase above the $2,580 resistance. ETH is still very far from a new all-time high while Bitcoin is near ATH. Ethereum started a decent increase above the $2,620 zone. The price is trading above $2,580 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with… Continue reading Ethereum Price Lags While Bitcoin Moves Toward New ATH

Analyst Eyes $6,000 For Ethereum As Key Support Level Emerges – Details

Price action in Ethereum has attracted the attention of investors and analysts alike, as it trades near a critical support level at $2,600. Analyst Ali Martinez has pinpointed this region as the critical threshold that Ethereum will cross before it makes its next significant move. If this support is sustained, according to Martinez, it shall… Continue reading Analyst Eyes $6,000 For Ethereum As Key Support Level Emerges – Details

Bitcoin Dominates $3.4 Billion October Crypto Inflows—What’s Behind the Boom?

Investment activity in digital assets surged almost throughout October, as crypto investment products, especially that of Bitcoin, experienced substantial inflows, according to the latest data released by CoinShares. Last week alone, global crypto funds attracted $901 million in net inflows, pushing the total for the month to $3.4 billion. Bitcoin Dominates Inflows As Ethereum Sees… Continue reading Bitcoin Dominates $3.4 Billion October Crypto Inflows—What’s Behind the Boom?

Ethereum Price Follows Bitcoin’s Rally, But Momentum Falls Short

Ethereum price started a fresh increase above the $2,550 resistance. ETH is following Bitcoin’s rally, but it is lacking the same strength. Ethereum started a decent increase above the $2,600 zone. The price is trading above $2,550 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,520… Continue reading Ethereum Price Follows Bitcoin’s Rally, But Momentum Falls Short