Alphractal, a leading cryptocurrency analytics firm, has raised concerns that Bitcoin may be entering a bear market. Their analysis uses the Spent Output Profit Ratio (SOPR) to detect market shifts. By combining SOPR with exponential and simple moving averages, they aim to filter out market noise. Analytics Company Claims Bitcoin Could Be Entering a Bear […]
The cryptocurrency landscape in 2017 was a whirlwind of innovation and speculation. Amid this frenzy emerged Justin Sun, a young, ambitious entrepreneur with a vision to reshape the entertainment industry. Fresh from his role as Ripple’s chief representative in Greater China, and mentored by Alibaba’s Jack Ma, Sun introduced TRON (TRX) to the world, a […]
Market Analysis – September 24 NZDUSD is currently characterized by a symmetrical triangle pattern by the price action on the daily chart, defined by lower highs and higher lows. The last encounter with the resistance trendline led to a price drop, but the bulls have quickly recovered, setting up for another attempt to break through […]
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Sponge market under buyers’ increased momentum SPONGEUSDT Price Analysis – 23 September The trend may remain bullish as long as the bulls continue to advance. In the case that the $0.000262 resistance level is breached higher, SPONGEUSDT levels of $0.000330 and $0.000402 could be examined. Support for bears is available at $0.000196, $0.000136, and $0.000081 […]
Buyers’ pressure is decreasing EURUSD Price Analysis –23 September Buyers may have ability to drive the price higher to the $1.12 and $1.13 barrier levels if they can break through the resistance level at $1.11. Prices may drop below the $1.09 and $1.08 support levels if sellers are successful in keeping the price below the […]
Key Highlights Solana’s price is stuck at $152The crypto asset regains a bullish trend Solana (SOL) Current Statistics The current price: $146.25Market Capitalization: $85,532,659,976Trading Volume: $1,994,496,785Major supply zones: $180, $200, $220Major demand zones: $100, $80, $60 Solana (SOL) Price Long-Term Prediction: Bullish Solana’s (SOL) price is on an uptrend but maintains its sideways movement below […]
Market Analysis – September 23 The USDJPY – Guide, Tips & Insights | Learn 2 Trade – Guide, Tips & Insights | Learn 2 Trade pair has experienced a significant decline from its peak of 160.260, with a total drop of 11.40%. This pullback has moved beyond the bullish range that previously pushed the price […]
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Bulls’ momentum may increase at $0.35 level POL (ex-MATIC) Price Analysis – 23 September POL (ex-MATIC) may be able to advance to the $0.47 and $0.52 difficulty levels after surpassing the $0.43 barrier. The market might be able to overcome the $0.35 support level and expose itself to the $0.30 and $0.25 levels if sellers […]
Ethereum (ETH) Current Statistics The current price: $2,576.37Market Capitalization:$310,015,438,234Trading Volume: $12,301,436,754Major supply zones: $3,500, $4,000, $4,500Major demand zones: $2,500, $2,000, $1,500 Ethereum (ETH) Price Analysis September 22, 2024 The price of Ethereum (ETH) crossed above the moving average lines on September 20 but it has reverted to its range. On September 13, the bullish trend […]
