TA: Bitcoin Reclaims 100 SMA, Here’s Why BTC Could Surge above $58K

Bitcoin price started a fresh increase above the $57,500 resistance against the US Dollar. BTC is showing positive signs above $58,000 and the 100 hourly SMA. Bitcoin remained well bid above the $56,000 level and it started a fresh increase. The price is now trading above the $58,000 level and the 100 hourly simple moving […]

Bitcoin faced an extreme correction earlier today. Over the span of 12 hours, the cryptocurrency plunged from the $41,000 region to lows on spot exchanges close to $34,000 and lows on futures exchanges close to $35,000. BTC lost over 15% over the span of this rally. The cryptocurrency has since bounced swiftly to the upside, reclaiming a key support level per analysts. Bitcoin Reclaims Key Support Level After Flash Crash Lower Bitcoin faced an extreme […]

Cardano (ADA) declined significantly over the past few days, resulting in a price drop of 22.6%.         ADA price seen losing another 14% in the coming days         Cardano buyers drop support at the 20-day EMA         ADA intraday trading volume registers a 104.6% gain The expanded selling activity results in the offshoot of the critical supporting EMAs that are attempting to break the support zone of $0.45. So, this provides an opportunity for buyers to take advantage of price drops. Related Reading: FLOW Reclaims Green Turf After 7-Day Losing Streak Cardano Shows Bullish Reversal The....

Ethereum remained well bid and it climbed above the $2,400 level against the US Dollar. ETH price is showing positive signs and it might soon surge above USD 2,500. Ethereum gained pace and it cleared the $2,350 resistance zone. The price is now trading well above $2,350 and the 100 hourly simple moving average. There […]

Uniswap’s UNI token has been struggling to garner any strong momentum as of late, with buyers and sellers largely reaching an impasse as the cryptocurrency trades within the lower-$3.00 region. It has been facing some heightened pressure in recent days due to the intensity of the sell-off seen across the aggregated altcoin market. Once again, […]