Bitcoin is showing signs of weakening demand as September, a month often associated with declining prices, approaches Possible interest rate cuts in the U.S and other bullish catalysts could stir volatility August was a volatile month for Bitcoin’s (BTC) price. BTC started trading at around $63k on 1 August and barely one week into the…
A bearish divergence appeared on BTC’s dominance chart If SOL turns bullish, then it might target $187 in the coming weeks Bitcoin’s [BTC] dominance has been rising for multiple weeks now, suggesting that altcoins might have to wait longer for a rally. However, the situation can change soon as a bullish divergence seemed to appear…
Dogecoin has shown signs of recovery after a recent dip, with analysts pointing to bullish reversal patterns. A potential MACD crossover and RSI suggested a possible surge in Dogecoin’s price. Dogecoin [DOGE], the popular meme-based cryptocurrency, has seen a noticeable decline in its price over the past week, dropping by 5%. However, the asset was…
Bitcoin shows a slight recovery after a significant drop, influencing correlated altcoins like Cardano. Analysts suggest monitoring the positive correlation between Bitcoin and altcoins for potential market shifts. Bitcoin [BTC], after experiencing a sharp decline earlier this week as it dropped by more than 10% within just two days, has shown a slight rebound over…
Bitcoin’s historical post-halving cycles suggested a potential top between June and October 2025, with projections nearing $200K. Technical indicators like MACD and Bollinger Bands showed bullish signs, but traders should remain cautious of potential reversals. Bitcoin [BTC] closed above $64,000 on Monday after a week of upward momentum driven by encouraging signals from the U.S….
Metric revealed that Bitcoin was overvalued. A price correction might bring BTC down to $61k again. After going near $65k, Bitcoin [BTC] once again turned bearish as the king of cryptos’ daily chart turned red. While that happened, short-term holders continued to sell their holdings. Does this mean a trend reversal or a continued price…
A breakout above the pattern could push XRP towards $3. Buying pressure increased on the token, but market sentiment turned bearish. After a weeklong of price upticks, XRP bears stepped up their game in the last 24 hours by pushing the token down. However, this just might be the beginning of a new bull rally….
The Bitcoin Rainbow Chart suggested that BTC was “still cheap.” Selling pressure was rising on BTC, which could cause trouble. Sentiment around Bitcoin [BTC] remained bullish as the king of cryptos managed to trade well above the $61k mark. In fact, if the latest data is to be considered, then things might get even better….
SHIB’s price surged in double digits last week. However, a few indicators turned bearish on the memecoin. The crypto market remained bullish last week, allowing several cryptos, including Shiba Inu [SHIB], to register massive gains. Thanks to that, the world’s second-largest memecoin managed to break above a bullish pattern, suggesting a further price hike in…
BTC’s NVT ratio indicated that it was undervalued on the charts A few metrics were bearish, hinting at a drop towards $57k Bitcoin [BTC] investors, at press time, were having a good time as the king of cryptos’ price action once again turned bullish. The latest BTC price uptick also pushed a key indicator into…
Ethereum formed similar structures on the price charts at similar times ETH set to close the gap created after falling below the critical support band Ethereum’s [ETH] recent price recovery from the $2,100-level has sparked speculation that it may replicate its 2016 and 2019 successes in 2024. With Ethereum (ETH) poised to close a weekly…
Jerome Powell spoke about rate cuts as short-term Fed liquidity weakened Bitcoin and the broader crypto market have been showing signs of bullish sentiment Jerome Powell’s recent statement has set the stage for significant shifts in the cryptocurrency market. Powell’s indication that “The time has come for policy to adjust” suggests that U.S rate cuts…
Bitcoin is likely to continue to trend downward in the coming weeks. The short-term holders’ average cost basis marked out a potential local top for Bitcoin. Bitcoin [BTC] experienced heightened volatility over the past couple of days. It reached $61.8k on the 21st of August, but a few hours later fell to $59.7k a few…
Cardano’s price surged by more than 4% in the last 24 hours. In case of a breakout, ADA might first reach $0.45. Cardano [ADA] investors were having a good time as the token gained bullish momentum. In fact, things can get even better in the coming days because of a pattern that emerged on the…
Analyst predicts a 500% surge for Dogecoin, with RSI showing a potential breakout. Despite market downturns, Dogecoin’s bullish signals and strong holder support indicate a possible rally. Dogecoin [DOGE] has maintained a relatively stable price over the past month despite the wider crypto market’s downturn. However, according to market analyst Javon Marks, the situation could…