XRP, like most crypto, is still reeling from a recent bear market that has caused it to fall more than 36% from its highs this year. Even with this downward streak, a possibly bullish setup has formed on the charts providing some hope to investors. As of today, July 2,...
The dollar index’s weekly chart is painting a pretty ominous picture for Bitcoin bulls. The 50-week simple moving average (SMA) is about to cross below the 200-week CMA, creating a death cross. As a technical pattern, this is a classic indicator of continued downside in the underlying asset.The dollar index...
Litecoin price dropped to $83, losing the ground from the previous 24 hours, after surging to a two-week high of above $88. The cryptocurrency’s price fluctuated between a $2.09 dollar range. This action, amounting to 2.46% of movement, demonstrated traders vigorously testing both support and resistance.Litecoin has been oscillating between...
Bitcoin’s overall market dominance continues to increase, a factor that could further postpone the much awaited altcoin season. Market analyst Tony Severino notes that the current strong momentum of Bitcoin is very evident from recent chart patterns. He argues that altcoins will probably continue to languish in Bitcoin’s wake for...
Bitcoin’s technical and fundamental indicators are undoubtedly bullish as it breaks through crucial resistance areas, indicating the possibility of an upward price movement towards the $116,000 prediction. Recent technical breakthroughs, along with the recent Bitcoin ETF inflows, are creating rising optimism among investors and analysts alike. The cryptocurrency’s capacity to...
BTC is trading at of $107,144 on the daily chart. It demonstrates a very visible, hard horizontal cut off between $103,600 and $109,300. Bitcoin has held onto this range for almost two months now. Traders and investors are waiting on pins and needles for a solid breakthrough. Bitcoin is in...
Bitcoin showed some impressive strength this past week, holding strong consolidation around local highs after a bounce up from the mid-week leg down. The crypto is still relatively high, trading around $106,952 with a price action around these levels of $98,300 and $110,700. Analysts are hyped at a possible technical...
MAGACOIN FINANCE is on fire as a presale token It is getting ready to become a breakout star leader in the cryptocurrency market. The token is in its presale stage and has generated huge interest so far. Its unusual placement within a multi-year long-term symmetrical triangle and more recently, explosive...
Bitcoin’s price chart has transformed into a technical “bull flag” pattern, signaling an imminent breakout to new all-time highs. Over just over six and a half weeks between April 8 and May 22, Bitcoin shot up from approximately $74,700. It hit an all-time record high of almost $111,900. After that...
Solana (SOL) had the largest downturn, plunging 8.1% from $140.39 to $129.02 during the short analysis period. This decrease—$11.37—came at the same time as increased geopolitical tension and overall market sell-offs were negatively affecting global markets. The cryptocurrency’s failure to hold important technical prices added to the downside momentum.SOL’s price...
Okay, I know what you're thinking. "$543 million liquidated? How can that possibly be good for anyone?" Trust me, I get it. Nobody likes seeing that much money evaporate. Every once in a while, it takes a controlled burn to remove all the deadwood and open up space for a...
Last week’s dramatic plunge in the cryptocurrency market saw more than $543 million in positions liquidated. More than enough to underscore the serious risks associated with crypto trading, this event marks the … It’s particularly treacherous when you throw in market volatility, margin trading, and psychological drivers such as fear...
$543 million. Gone. Poof. Gone into the tempestuous flotsam and jetsam of the crypto markets in less than 24 hours. Greed’s price tag to more than 122,000 traders, that was the price tag of greed — a painful lesson imparted with cold and lethal efficiency. Bitcoin recently reached Bermuda Triangle-like...
Picture this: Siti, a young mother from Jakarta, juggling two jobs and dreaming of a future where her kids can go to better schools. She just cannot stop hearing the chatter and buzz around crypto, around how average people are becoming crypto millionaires overnight. She happens to discover Qubetics, notices...
Qubetics has featured widely on the crypto news circuit of late…thanks to a jaw-dropping 950% pump. For those new to the cryptocurrency scene, understanding what Qubetics is, its potential, and its risks is crucial before considering any investment. BlockchainShock is committed to teaching neophytes the fundamental concepts of Qubetics. Here,...
Snorter Bot (SNORT), a new crypto presale happening on the Telegram platform. With the presale coming to an end, it is garnering considerable buzz. The project has so far garnered $1.5 million in investor commitments, indicating high demand among investors. With under 24 hours to go, would-be investors are watching...
Genesis Qubetics, Arbitrum and Cardano are coming into prominence with crypto newcomers, each offering distinctive opportunities and features. Qubetics shot to an all-time high of $4.20 within the first hour of trading. This incredible jump represented a mind-boggling 950 percent gain from its starting value of only $0.40. Arbitrum is...
Is it really that far-fetched? Let's be honest, the world of crypto often feels like a parallel universe, but it's increasingly interwoven with the "real" world of politics and economics. Seeing Bitcoin blast past $112,000 is mind-blowing. And while everyone's talking about ETF inflows and short squeezes, I think we're...