Bitcoin Stablecoin Liquidity Setup Returns To 2021 Levels – A Historic Signal...
Bitcoin has regained critical levels after a week of intense selling pressure, sparking renewed optimism across the market. Despite uncertainty among traders, key on-chain data from CryptoQuant suggests that a new surge may be brewing — provided current momentum continues to build. Related Reading: Stablecoin Supply Begins to Shrink As BTC Reclaims $105K: Liquidity Cooling? […]
Related News
Quick Facts: 1️⃣ The TOTAL3 chart is mirroring the same bullish setup seen before the 2020-2021 altcoin boom. 2️⃣ The formation of an inverted head and shoulders pattern followed by a key liquidation candle signals that a major altcoin breakout could be imminent. 3️⃣ With the market primed for a strong run-up, some of the […]
Bitcoin managed to touch the 5th arc pair of resistance on the 2-hour chart setup. This generated a sell signal. Since then it managed to re-test the arc and was rejected. The long-term trend is still up. But the short-term trend is likely going to be down. Looking at this bull setup, a reasonable target is the 1×2 Gann angle at ~ 940. Let’s look at a bear setup from the swing high of $1050 (Kraken): I have overlaid the bear setup on top of the bull setup and have labelled the intersection of the 5th arc pair of each setup. There are arrows at each point that stand out as likely targets in....
PRESS RELEASE. xSigma, a decentralized exchange for stablecoin swaps, has successfully launched on the Ethereum network on February 24, 2021. The integrated DEX and liquidity mining platform xSigma, which is backed by a NASDAQ-listed company, has seen great interest in its stablecoin liquidity pools which enable assets to be swapped seamlessly and with minimal slippage. Within the xSigma ecosystem, liquidity providers (LPs) earn SIG tokens, with a 2x bonus to bootstrap liquidity in place for the next fortnight. SIG is the platform’s native utility token with built-in voting and....
According to an analyst, Bitcoin sits in a liquidity set-up that has shown up before big rallies. Prices are not shooting higher yet. At press time Bitcoin trades around $104,500, down 0.5% over the past day. Related Reading: XRP’s Next ‘Face-Melting’ Rally Could Hit Within 6 Weeks—Analyst Traders watched a decline of about 1.8% earlier that pushed the price near $103,400 and it briefly touched $102,850 during the move. Stablecoin Signal Points Toward Accumulation CryptoQuant analyst Moreno points to the Stablecoin Supply Ratio, or SSR, as the first clear indicator. The SSR compares....
A cryptocurrency analyst has pointed out how the Tom Demark (TD) Sequential has just given a buy signal on the weekly XRP price chart. TD Sequential Is Printing A Weekly Buy Signal For XRP In a new post on X, analyst Ali Martinez has talked about a TD Sequential signal that has appeared on the weekly XRP chart. The “TD Sequential” refers to an indicator from technical analysis (TA) that’s generally used for locating points of probable reversal in a given asset’s price. Related Reading: Ethereum Speculators Add $654M In Bets As Price Plunges To $2,800 It involves two....