Ethereum started Monday with its price hitting $2,934 per unit, marking a week filled with a strong 14.9% increase. Over the preceding fortnight, the second-leading crypto asset by market cap witnessed a substantial 25.9% upswing. Kicking off this week, ether’s trading volume over the past 24 hours has hovered around $24.74 billion. Ethereum Peering into […] Source CryptoX Portal
Bitcoin’s price has seen a period of consolidation after its recent high of around $52,884, according to price data from Feb. 19, 2024. Technical indicators suggest the leading crypto asset remains in an uptrend and may be poised for a further move higher after this sideways trading range. Shorter timeframe charts point to strengthening bullish […] Original
As bitcoin weaves through its dynamic trading patterns, its valuation on Feb. 16, 2024, reveals pronounced bullish indicators. Floating within a 24-hour trading window of $51,364 to $52,884, the digital currency’s market worth firmly grips the $1.02 trillion mark. Bitcoin The volume of bitcoin’s global trades is cruising at $29.86 billion, showcasing a medium-to-high engagement […] Original
Amid a significant Bitcoin price rally, reaching a new two-year high of $52,000, a renowned social media account known as WhaleWire has made a startling prediction. The account, widely followed for its bold statements and news postings, has forecasted a staggering 99.99% chance of Bitcoin falling below $10,000, directly challenging the prevailing bullish sentiment. Clash Over Potential Bitcoin Price Crash In a recent post on X (formerly Twitter), WhaleWire has voiced concerns about sustainability and alleged manipulation through fraud and price manipulation. The account accuses mainstream media and self-proclaimed Bitcoin…
Bitcoin’s price trajectory on Feb. 14, 2024, showcases a robust bullish trend, with the cryptocurrency reaching a 24-hour high of $51,814. Amidst a consolidating market, the digital asset has seen significant growth, marking a 3% increase today, and 21% over the past month. Bitcoin Bitcoin (BTC) has demonstrated remarkable resilience and growth, with its price […] Original
With its price positioned at $2,485, ethereum’s daily fluctuations have ranged from $2,309 to $2,541, highlighting a market that is both dynamic and erratic. The current market capitalization of ether is approximately $299.25 billion, and in the last 24 hours, ethereum has seen a global trading volume of $6.91 billion. Following a peak in the […] Source CryptoX Portal
As of Feb. 12, 2024, bitcoin displays a robust upward momentum across several charts, underscored by its sharp ascent from $47,593 to $48,814 on Sunday. On the subsequent Monday, bitcoin’s market value reached $939 billion, with a trading volume of $21.57 billion for the day. Currently, the upward trend pauses, with the price dipping below […] Original
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Litecoin might be undervalued NuggetRush presale in progress NUGX might rally on launch While spot Bitcoin ETFs have not had the desired impact on crypto, BTC briefly rose above $48,000. However, Litecoin (LTC) has yet to benefit. Meanwhile, the ongoing NuggetRush (NUGX) presale is attracting more attention. The project combines memes with utility. NuggetRush is bullish NuggetRush offers a unique blend of gaming utility and meme culture. As a play-to-earn…
Wyckoff Analysis (WA) aims to understand why prices of stocks and other market items move due to supply and demand dynamics. It typically is applied to any freely traded market where larger or institutional traders operate (commodities, bonds, currencies, etc.). In this article we will apply WA to the cryptocurrency Storj ($STORJ) to make a forecast for approximate future events. Storj Price Data from MEXC Futures | Source: STORJUSDT.P on tradingview.com. Link to the raw image: https://www.tradingview.com/x/BGsOkzGM Storj is currently in Phase E of a Wyckoff Distribution Schematic #1. StockCharts…
Wyckoff Analysis (WA) aims to understand why prices of stocks and other market items move due to supply and demand dynamics. It typically is applied to any freely traded market where larger or institutional traders operate (commodities, bonds, currencies, etc.). In this article we will apply WA to the cryptocurrency Cosmos ($ATOM) to make a forecast for approximate future events. Cosmos Price Data from MEXC Futures | Source: ATOMUSDT.P on tradingview.com. Link to the raw image: https://www.tradingview.com/x/r8asKWOI Cosmos $ATOM is currently in Phase D of a Wyckoff Accumulation Schematic #1.…