blockchaintechnology

BlockDAG's Live Utility and $216 Million Raise Signal Strong Market Position

BlockDAG's Live Utility and $216 Million Raise Signal Strong Market Position

Let’s take a look at one of the hottest technologies making big waves in the blockchain space – BlockDAG. It is generating momentum through real, concrete functionality rather than just future promises. What makes the platform unique is its focus on solutions that work best. It displays its powers while...

Bitcoin Eyes $90K-$92K After Surpassing Key Resistance Levels

Bitcoin (BTC) continues to display a robust bullish sentiment. As long as it stays above the 30-day EMA of price highs, around $60,500, it could be the start of a rally toward the $90,000-$92,000 zone. This scores positive movement overall in what can be seen as a major momentum change...

Bitcoin Plunges Below $80,000, Flashing Death Cross

Bitcoin is now at a very important demand zone. It recently surpassed the $80,000 milestone for the first time in months and is now trading near $76,100. The cryptocurrency had a dramatic selloff, even dropping to triple bottom support around $74,400 for a brief moment. This decline marks a 31%...

XRP's Price Movement Shows Bullish Momentum Amidst Resistance Challenges

In the last few trading days, XRP has made some huge moves. Its price movements have provided valuable insights, uncovering key support and resistance levels. Following a short respite in March, XRP endured a pullback, though soon confirmed a new support floor at $1.80. After recently hitting a minimum of...

XRP's Bollinger Bandwidth Hints at Impending Price Shift

XRP price is on the verge of a major breakout. The Bollinger Bandwidth indicator, a key indicator of market volatility, shows that a change is due. The indicator, which measures the percentage of the 20-day moving average, is gaining traction among analysts scrutinizing short-term price movements, particularly within the cryptocurrency...

Bitcoin Dominance Faces Key Test, Hinting at Potential Altcoin Rally

Bitcoin dominance approaches a key historic resistance level, igniting hope that an epic BTC to altcoin capitulation will soon be underway into the next altcoin season. The weekly candlestick chart shows how much of a turning point this is. It’s a sign that a turning point in market dynamics could...

Ethereum Grapples with Competition Amidst Price Consolidation

Ethereum has had a tumultuous month thus far as competition continues to heat up from other layer-2 networks such as Base and Arbitrum. Ethereum’s price has been rangebound this week, trading around $1,580. At the same time, crypto investors are mostly remaining on the sidelines. The crypto network continues to...

Ethereum Eyes Key Breakout After 4% Surge

Ethereum (ETH) is at a crucial crossroad as the cryptocurrency continues to trade above $1,625. The cryptocurrency has spiked 4% in value over the past 12 hours alone. Analysts are still on the lookout of its trend in price. Now, the big question is whether Ethereum is truly preparing for...