The downward move is expected to continue until Bitcoin reaches at least one of the key support levels outlined below.   Support Levels For Bitcoin On Nov. 27, BTC created a massive bearish candlestick, dropping from a high of $18,911 to a low of $16,218. The decrease…
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According to Glassnode, there are more than 15.1 million Ethereum available to accumulate even as demand for ETH grows before the much-awaited protocol conversion to proof-of-stake. At a periodic high, supply amounts to nearly 40 million. Even so, the active Ethereum supply has dropped to its lowest…
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This year, just like many previous ones have seen a lot of altcoins put up performances worth mentioning. One of such coins is OMG Network (OMG), a Toyota-backed digital project which first burst onto the crypto scene in 2017 after its parent club SYNQA (formerly known as…
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Bitcoin price indicators equivalent to the price-to-earnings (PE) ratio for stocks point towards an uptrend, according to leading on-chain analysts. The growth in total mining hashrate is also setting BTC up for more gains.
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At press time, Bitcoin is holding up strong at a price of $10,700. The market sentiments among analysts and traders are similar; an $11,000 price breakout is in sight. Yesterday, the bulls fired up and broke through the sideways price movement that left Bitcoin peaking between the…
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The Ripple (XRP) price has retraced all the way back to an important support level. If the support holds and can give XRP a bounce, there is a lot of room to the upside for the price to go. XRP Long-Term Breakout At the beginning of July,…
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The ChainLink (LINK) price has been increasing since a strong bounce on September 5. A breakout above one of the resistance levels outlined below could mean that the price has begun a new upward trend and will head towards a new all-time high. Range Trading The LINK…
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Check out our new platform: https://thecapital.io/The landscape of the cryptocurrency market is changing all the time, and while there are many trading platforms available that have been in the market for many years, every few months it seems like new platforms are being introduced that provide bigger…
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According to Blockchain security firm Quantstamp, based on a security assessment of the SushiSwap protocol, it seems that as many as ten issues are lingering in the platform’s machinery. Among them, there are two medium problems, three low-risk issues, and five information-related issues with the code. 3/18…
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The Binance Coin (BNB) price has broken out from a long-term resistance area. If the price successfully moves above $24, it is likely to accelerate its rate of increase. Breakout From Long-Term Resistance The BNB price had been following a descending resistance line since June 2019, when…
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