Bitcoin is setting up to outperform gold, analysis by Theya Research’s Joe Consorti suggests. This unusual bullish forecast comes on the heels of a trendline breakout and a recently confirmed golden crossover. At the same time, Monero (XMR) offers a positive picture following impressive recovering.Consorti’s analysis has shown that Bitcoin...
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 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%...
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...
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...
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 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 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 (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...