pressure

Bitcoin (BTC) Slumps Below $60,000 As Selling Pressure Intensifies

Source Node: https://beincrypto.com/bitcoin-btc-slumps-below-60000-selling-pressure-intensifies/
Time Stamp: November 17, 2021 2:17 AM - Modified On: November 17, 2021 - Published By:
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Republished By Plato

Bitcoin (BTC) decreased considerably on Nov 16 and is in process of breaking down from a short-term corrective pattern, which could further intensify the downward movement.Sponsored Sponsored BTC has been falling since Nov 10 after it reached an all-time high price of $69,000. The downward move was preceded by bearish divergence in both the MACD and RSI. This is a bearish sign that often kicks off bearish trend reversals. BTC has already touched the first support area at $57,850. This is the short-term 0.382 Fib retracement support level. Sponsored Sponsored However,

Here’s how Cardano can break away from its bearish shackles

Source Node: https://ambcrypto.com/heres-how-cardano-can-break-away-from-its-bearish-shackles/
Time Stamp: November 15, 2021 6:30 PM - Modified On: November 15, 2021 - Published By:
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Republished By Plato

Cardano has been in a constant downtrend since early-September and has struggled to recover lost ground even during broader market rallies. The last rally was observed between 5-10 November, although bulls were unable to clear the 38.2% Fibonacci level. Over the near-term, ADA could continue its consolidation and expect traders to shift back to long positions once ADA closes above $2.30. At the time of writing, ADA traded at $2.06, up by 1.2% over the last 24 hours. Cardano Daily Chart Source: ADA/USD, TradingView A look at ADA’s On Balance

Shiba Inu Leads the Pack — Top Altcoin Gainers of October 2021

Source Node: https://beincrypto.com/shiba-inu-leads-top-altcoin-gainers-october-2021/
Time Stamp: November 2, 2021 8:24 AM - Modified On: November 2, 2021 - Published By:
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Republished By Plato

October was a very bullish month for cryptocurrencies. Bitcoin (BTC) increased by 32% and reached a new all-time high price on Oct 20 and six altcoins increased by triple digits, led by Shiba Inu (SHIB).Sponsored Sponsored The ten altcoins that increased the most during the month of October were: Shiba Inu (SHIB): 1005%Secret (SCRT): 350%Frax Share Price (FRX): 224%Fantom (FTM): 190%Curve DAO Token (CRV): 120%Harmony (ONE): 100%1Inch (1INCH): 97%Near Protocol (NEAR): 79%Thorchain (RUNE): 75%Axie Infinity (AXS): 67% SHIB SHIB has been moving upwards since the beginning of October. It has

Facebook’s ‘Meta’ rebrand and how it can affect MANA & other alts

Source Node: https://ambcrypto.com/facebooks-meta-rebrand-and-how-it-can-affect-mana-other-alts/
Time Stamp: November 2, 2021 7:30 AM - Modified On: November 2, 2021 - Published By:
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Republished By Plato

MANA-mania swept the crypto-verse off of its feet after the token charted some unexpected gains on the back of Facebook’s ‘Meta’ rebrand. Decentraland, a decentralized 3-D virtual reality platform supported by the Ethereum blockchain, saw its native token MANA soar to an all-time high of $4.11 on 31 October.  With the crypto surging by 164% in just half a day, once again, the significant role played by bigger players in pumping cryptos was at the fore. So, how exactly did Facebook announcing its name change to Meta push the price

Bitcoin Records Highest Monthly Close Ever, What’s Next for BTC?

Source Node: https://www.coinbureau.com/news/bitcoin-records-highest-monthly-close-ever-whats-next-for-btc/
Time Stamp: November 1, 2021 10:52 AM - Modified On: November 1, 2021 - Published By:
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Republished By Plato

Bitcoin closed the month of October at $61,343, which is its highest monthly close ever recorded. As Bitcoin Archive notes on Twitter, all-time high monthly closes are quite often a sign of more strength to come.  Bitcoin’s closing price was roughly 3% away from analyst PlanB’s floor price prediction of $63,000, though that level was already hit earlier in the month. PlanB is now shooting for $98,000 in November, or about a 58% gain over the next 30 days.  Some analysts are looking to previous bull markets to forecast what’s

Ripple Price Prediction: XRP/USD Touches $1.171 Resistance

Source Node: https://insidebitcoins.com/news/ripple-price-prediction-xrp-usd-touches-1-171-resistance
Time Stamp: October 6, 2021 1:27 PM - Modified On: October 6, 2021 - Published By:
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Republished By Plato

Ripple Price Prediction – October 6 The Ripple price is improving as the coin is now facing up in an intraday zone above the moving averages. XRP/USD Market Key Levels: Resistance levels: $1.30, $1.35, $1.40 Support levels: $0.85, $0.80, $0.75 XRPUSD – Daily Chart XRP/USD is now hovering above the 9-day and 21-day moving averages amid global recovery on the cryptocurrency market. The Ripple price keeps improving as the coin touched the intraday high at $1.171 level. At the time of writing, XRP/USD is still warming up to gain more

Ethereum Retraces as Buyers Recoup Above $3,300 Support

Source Node: https://coinidol.com/ethereum-3300-support/
Time Stamp: October 4, 2021 6:56 AM - Modified On: October 4, 2021 - Published By:
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Republished By Plato

Oct 04, 2021 at 10:56 // News The price of Ethereum (ETH) fell to a low of $3,327 today and continues its sideways movement. At the current price level, the largest altcoin is considered to have fallen into oversold territory in the market. Selling pressure is expected to be exhausted when the price reaches the oversold region. In the meantime, the market is moving above support at $3,300, and if the current support holds, Ethereum will break back up through resistance at $3,500. However, if the bears surprisingly break the

AXS has gained by >150% in 12 days, but is this rally too good to last

Source Node: https://ambcrypto.com/axs-has-gained-by-150-in-12-days-but-is-this-rally-too-good-to-last/
Time Stamp: October 2, 2021 6:30 AM - Modified On: October 2, 2021 - Published By:
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Republished By Plato

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice To say that Axie Infinity has been on a bull run is an understatement. Its price rose from $48 to an all-time high of $120, marking a jump of over 150% in just 12 days. Spot volumes across exchanges clocked in at $5.6 billion, making AXS the fifth most-traded crypto (excluding USDT) over the last 24 hours. Meanwhile, the play-to-earn giant has been building its community presence via huge

Amount of Bitcoin Stored on Exchanges at Lowest Point Since May 2019

Source Node: https://cryptopotato.com/amount-of-bitcoin-stored-on-exchanges-at-lowest-point-since-may-2019/
Time Stamp: September 28, 2021 5:44 AM - Modified On: September 28, 2021 - Published By:
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Republished By Plato

On-chain analytics provider Santiment has reported that the supply of Bitcoin sitting on exchanges has fallen to levels not seen since May 2019. This is usually considered bullish as investors take BTC off exchanges when they’re in a position to hold and are not interested in selling. Santiment called it a “good sign of sell-off risk decreasing.” Bitcoin prices have been falling this week in the wake of a renewed crackdown in China and another round of FUD (fear, uncertainty, and doubt) that followed it. Since Monday, BTC prices have

DeFi protocol run by ex-Coinbase dev just did $3.6 billion in daily trading volume

Source Node: https://cryptoslate.com/defi-protocol-run-by-ex-coinbase-dev-just-did-3-6-billion-in-daily-trading-volume/
Time Stamp: September 28, 2021 5:00 AM - Modified On: September 28, 2021 - Published By:
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Republished By Plato

dYdX (DYDX), a decentralized derivatives exchange that runs on Ethereum (ETH), has surpassed Coinbase’s volume for the first time, executing over $3.6 billion in trades in a 24-hour period.The protocol’s success came in the midst of Beijing stepping up its clampdown on crypto, which spurred the recent interest in decentralized exchanges (DEXs) and other decentralized finance (DeFi) products among Chinese users.Ethereum Layer-2 DEX doing more volume than Coinbase“5 years ago I left Coinbase and eventually founded dYdX. Today, for the first time, dYdX protocol is doing more trade volume than

Litecoin’s comeback is possible provided this happens

Source Node: https://ambcrypto.com/litecoins-comeback-is-possible-provided-this-happens/
Time Stamp: September 27, 2021 7:30 AM - Modified On: September 27, 2021 - Published By:
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Republished By Plato

Litecoin’s price has seen its own share of ups and downs this month. However, of late, the downs have been more prominent than the ups on the charts. Inevitably, the alt’s market cap shrank. As a result LTC has slipped on CoinMarketCap’s rankings chart as well. The alt that was once a part of the top 10, occupied the 16th position at the time of writing. Barring one instance since 7 May, LTC was evidently trading below $200. In fact, its press time state was even worse with the alt