Big Week Ahead For Bitcoin And Crypto: This Will Be Crucial
The Bitcoin and crypto markets have seen a strong weekly close. Bitcoin’s price moved straight up into the current key resistance at $28,600. After seven failed attempts, this puts the price once again just below the current key level that separates BTC from $30,000. A powerful price move will also benefit the broader crypto market […]
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Ethereum rival Enjin is facing the prospect of posting a massive breakout rally ahead, according to a classic technical indicator and a crucial network update.
Bitcoin rose for a seventh consecutive session on Tuesday, as the token moved to a three-week high. The price surge came ahead of this afternoon’s U.S. inflation report, which is expected to come in at 8.1% for August. Ethereum continued to trade lower in today’s session, as volatility remained high ahead of The Merge. Bitcoin Bitcoin (BTC) rose for a seventh consecutive session on Tuesday, as markets anticipated the release of the U.S. consumer price index. Inflation in the United States is expected to fall to 8.1% in August, following a decline to 8.5% the month prior.....
Bitcoin plunged on Thursday, stalling a price rally driven by fears of the US dollar debasement and higher inflation. The benchmark cryptocurrency fell to $16,200 a token, a multi-week low, ahead of the New York trading session. By doing so, Bitcoin also broke below a crucial parabolic support that had offered it a concrete price […]
Ethereum price spiked higher this past week and closed above a major hurdle against the US Dollar. More gains possible in ETH/USD moving ahead? Key Highlights. Ethereum price finally managed to gain traction this past week against the US Dollar for a move towards $11.00. There was a crucial bearish trend line formed on the daily chart of ETH/USD (data feed via SimpleFX), which was broken during the upside move. The price is currently in the bullish zone, but struggling to gain further momentum above $11.00. Ethereum Price Upside Break. This past we saw how there was an upside break in....
All eyes are on Chainlink (LINK) as the altcoin market resumes its recovery. The price of the leading cryptocurrency has gained 25% in the past week, reclaiming the $13 support as buyers have flooded back in. Chainlink is primed to move higher in the weeks ahead, analysts say. They cite positive fundamental trends and technical […]