Bitcoin Index Highlights Two Accumulations And Five Distribution Waves This C...
Bitcoin has entered a consolidation phase after reaching $124,500 earlier this month and retracing below the $115,000 mark. The sharp move higher followed by weeks of sideways action has left the market in a state of uncertainty, with traders watching closely for the next decisive move. For many analysts, this consolidation is not a sign of weakness but rather a natural pause before the next leg higher. Related Reading: Bitcoin Supply In Profit Hits Historical Threshold – Echoing Past Patterns A push above the all-time high would be the clearest confirmation that the next wave of growth....
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The Waves platform has announced the launch of a new token called the Waves Community Token (WCT). The launch is a part of its recently introduced Custom Application Token (CAT) facility on the mainnet. These new token will be distributed after January 15, 2017. The intention behind the launch of the new token is community-based KYC/screening of new assets. The new token distribution will enable Waves to foster community engagement in the next nine months. Initially, 20 percent of the WCTs will be distributed across all existing Waves wallet addresses based on their average WAVES balance....
Ethereum is trading at a critical level after several days of selling pressure and mounting speculation, with bulls struggling to maintain momentum as Bitcoin and the broader crypto market turn bearish. Price action has shifted into a cautious phase, and ETH now faces the challenge of defending key demand zones that could determine the weeks ahead. Related Reading: Bitcoin Index Highlights Two Accumulations And Five Distribution Waves This Cycle – Details Despite this pullback, Ethereum remains the standout performer in the market. Fresh data from Glassnode reveals that over the past....
Ethereum has faced selling pressure and heightened volatility in recent days, testing the resolve of investors after setting fresh all-time highs last Sunday. Since then, ETH has retraced more than 11%, slipping back to key demand levels that could determine its short-term trajectory. The sharp pullback has introduced renewed uncertainty into the market, with traders debating whether this correction signals a pause before another rally or the beginning of deeper downside. Related Reading: Bitcoin Index Highlights Two Accumulations And Five Distribution Waves This Cycle – Details Despite....
The latest brutal selloff in WAVES leaves it below a key support level and at risk for more downside. Waves (WAVES) lost around half its value in April so far and risks further correction due to weakening technical and fundamental factors.WAVES price risks another 30% decline WAVES dropped from nearly $64 on March 31 to around $27.50 on April 7 — down by over 55%. As it fell, the WAVES/USD pair also broke below a key support confluence, hinting further correction.Notably, the confluence comprises WAVES' 50-day exponential moving average (50-day EMA; the red wave) and the 61.8% Fib line of....
WAVES was once again higher on Friday, with prices now gaining by over 120% in the last seven days. While WAVES soared, XLM also had a stellar showing, as it moved closer to a three-week high on Friday.
WAVES
While crypto markets have been either falling or consolidating over the past week, WAVES has continued to surge, climbing by over 120% in that time.
On Friday, prices rose for a seventh consecutive session, hitting an intraday peak of $10.47 in the process.
This move comes as prices marginally passed resistance at $10.45, nearing their highest level....