Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Decentraland registered a low in May at $0.629. It has not yet broken that low in June, and in fact, has established a range over the past week and...
Source: Adobe/3D motion As Bitcoin (BTC) and the broader crypto market are trying to recover after diving below crucial levels this past weekend, analysts are digging into data, trying to identify the next steps in the market. “The selloff over the weekend can be considered to have plunged profitability and...
Ethereum has recovered by more than 30% in the past four days. Relative calmness has returned to the market, but it can’t yet be viewed as a bottom signal. The sharp trends always go through short-term ranging stages where the market is adsorbing the resistance or support levels. Technical Analysis...
Dogecoin DOGE/USD co-creator Jackson Palmer has compared cryptocurrencies to playing at the roulette table and said their bottom has “started to crumble,” in yet another critical take on digital coins. What Happened: In a recent Australian TV talk show, Palmer said the latest cryptocurrency downturn was not yet the end, but a...
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Although the crypto market is going through a challenging phase, the core systems are functioning well, crypto-financial service provider Bitcoin Suisse’s Director Giles Keating told CNBC. In an interview earlier today, Keating said the core blockchains...
London, UK –News Direct– Huobi Research Institute Following the recent US interest rate hike, the crypto market has witnessed significant volatility accompanied by institutional capitulation involving the likes of Three Arrows Capital, Celsius and the Ether Fund. These developments have led to increased levels of fear, uncertainty and doubt (FUD)...
Bitcoin’s price is currently testing the 2017 all-time high range between $17K and $20K and is constantly shadowing lower prices, indicating excess pressure from sellers. Yesterday BTC recorded a new 18-month low of $17.6K and quickly recovered to $20K in the following hours. However, the downtrend momentum shows no indications...
At times when the crypto market is reeling under heavy pressure as several crypto giants face liquidation risks, several crypto analysts believe Bitcoin (BTC) at the current level is the perfect ‘buy-the-dip’ opportunity. The Bitcoin (BTC) price is currently trading below the $20k level, falling to the lowest price of...
Enjin coin noted its latest 52-week low of $0.04056 last night after a downtrend below the downsloping trendline. The Stoch RSI indicator is recovering from its highly oversold zone in terms of the daily price chart. The Enjin token, which belongs to the bitcoin pair, is trading at 0.000002069 satoshis,...
Bitcoin, Ethereum and other major coins traded sharply lower Thursday evening as the global cryptocurrency market cap fell 8.7% to $886.54 billion. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin BTC/USD -8.9% -31.1% $20,538.49...