Day: January 29, 2025

Ethereum Reserves Hit Multi-Year Lows—Are We On The Verge Of A Bull Run?

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Ethereum is experiencing a gradual recovery as its price climbs above $3,100. This marks a 2.3% increase over the past day. However, the asset remains in a state of overall decline, down 3.3% over the week. While this modest rebound offers some relief, Ethereum is still grappling with the effects of an overall bearish trend. The ongoing price movement has prompted some analysts to revisit Ethereum’s underlying on-chain metrics to understand what may lie ahead for the cryptocurrency. One key area of focus is Ethereum’s spot exchange reserves. According to…

Can Bulls Turn It Around?

Este artículo también está disponible en español. Ethereum price struggled to continue higher above $3,220 and dipped. ETH is now consolidating losses and might face resistance near the $3,200 zone. Ethereum started a fresh decline below the $3,150 zone. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,250 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another decline if it stays below the $3,220 level. Ethereum Price Dips Again…

Bitcoin Price Faces Tough Resistance: A Breakout In The Cards?

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Bitcoin price started a fresh upward move above $100,000. BTC is facing resistance at $103,000 and might aim for an upside break. Bitcoin started a decent upward move above the $100,000 zone. The price is trading below $103,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $102,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another decline if it stays below the $103,000 zone. Bitcoin Price Holds Support Bitcoin price started a…

Bitcoin MPI Crossover Could Suggest Bull Run Still On

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On-chain data shows the Bitcoin Miners’ Position Index (MPI) has recently formed a crossover that has historically been bullish for the asset’s price. Bitcoin MPI Has Seen Its 90-Day MA Cross Above The 365-Day As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin MPI momentum has recently given a bullish signal for Bitcoin. The “MPI” refers to an on-chain metric that keeps track of the ratio between the total miner outflow and its 365-day moving average (MA). The miner outflow here is naturally the amount of the…

Will Deepseek’s Rise Send Bitcoin Price Spiraling Lower? Expert Weighs In

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Bitcoin’s decline has rattled markets, with China’s Deepseek fueling volatility, yet an expert suggests this is no time to panic, hinting at hidden opportunities ahead. Bitcoin Price Sliding: Will Deepseek’s Impact Drag BTC Lower? Expert Explains Bitcoin’s recent slip below the $100,000 threshold has sparked apprehension among investors, but Nigel Green, CEO of the global […] Original

Dogecoin Still In Play As Price Gears Up For Another 600% Run Above $2

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Este artículo también está disponible en español. Despite the recent Dogecoin pullback, crypto analyst Javon Marks has provided a bullish outlook for the foremost meme coin. According to m, DOGE’s price is gearing up for a move that could send it above $2.  Dogecoin Gears Up For 600% Run Above $2 In an X post, Javon Marks predicted that Dogecoin could record a 600% price rally and surge above $2. This came as he provided some optimism despite the recent pullback, with DOGE dropping to as low as $0.30. He…