Bitcoin Is Consolidating But Is A Rally Near?

Bitcoin has been laterally trading for almost a week now. The coin has continued to remain under the $30,000 price level. The technical outlook of Bitcoin could be pointing at a turnaround in prices on the long term price chart. On the short term price chart however, king coin’s price action remains quite bearish. At the time of writing, BTC has seemed to settle a slightly above the $28,000 support line. In the past 24 hours, the coin lost 1.2% of its value and in the last week, the coin…

Bitcoin price coma greets Wall Street open amid signs market ‘calling for rally’

Bitcoin (BTC) stayed glued to $30,000 on May 23 as the start of Wall Street trading failed to spark volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin to range before “real breakout?” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering in a tight trading range in place since before the weekend. The pair had closed out the week on its eighth weekly red candle in a row, this becoming a bearish record amid an absence of overall price trajectory. Amid consensus that the macro bottom was not…

Russia INVADING Ukraine! US MASSIVE Sanctions! Bitcoin & Cryptocurrency Being USED! MATIC & LINK

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Sign-up for Choice & receive $50 in free bitcoin 👉 Bitcoin 2022 in Miami 👉 💥 💥 💥 Use code “ALTCOINDAILY” for 10% off! 💥 💥 💥 Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the whole video!) 0:46 – Russia Ukraine Update 1:18 – US, EU, & Others CRACK DOWN on Russia w Massive Sanctions 1:55 – Russia to use Bitcoin to…

ATOM Might Trade Below Its Immediate Support Level Despite A Recent Rally

ATOM had displayed optimistic price action recently after the coin rallied close to 14% a little over 48 hours ago. The coin had managed to undo the loss of 21% that it incurred in the past week with its recent rally. Bearish sentiments are still present across the whole industry and altcoins have also walked along the same price sentiment. Ever since ATOM revisited its all time high in the month of January this year, the coin has struggled to release itself from the grasp of the bears. At the…

Socios fan tokens rally 40%+ after Chiliz rolls out mainnet upgrade and token burn plan

In times of high stress and market turmoil, sports entertainment has served as a valuable escape for people around the world as they get a chance to root for their favorite players and teams while briefly forgetting about the worries of the world.  Amid the ongoing market volatility and falling crypto prices, sports fans have cause to rejoice as multiple fan tokens have bucked the downtrend on May 18 to post 40% plus gains. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Here’s a look…

Ethereum Below $2000; Do We See A Relief Rally Soon?

Ethereum has bled heavily owing to the aftermath of the crypto crash. Prices of other altcoins followed suit as Bitcoin hangs below the $30,000 price mark. Ethereum’s current price has hit a new low in 2022. The altcoin had tried to pull off a brief recovery a week back but the broader market weakness finally crept in and caused it to dip further. At the time of writing, ETH is seen below its major support line of $2500. Selling pressure had accelerated as the increased fear index drove investors out…

The Crypto Market GETTING CRAZY! (HUGE SOLANA NEWS) | Ethereum NFT Collection REVEALED!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Big Things Are Happening in Cryptocurrency!!! 💥💥💥💥💥 Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the whole video!) 0:37 – Paul Krugman Says Bitcoin Resembles Subprime Mortgages. 1:50 – Coinbase Will List BRAND NEW Class of Crypto Assets! 3:20 – Coinbase Ventures Investment Portfolio Breakdown 5:22 – Facebook Crypto Update! (Diem is Dead) 6:17 – Visa Report: Crypto Credit Card Usage Reaches $2.5…

Altcoins stage a relief rally while Bitcoin traders decide whether to buy the dip

The similarity in price action between the crypto and traditional financial markets remains quite strong on May 10 as traders enjoyed a relief bounce across asset classes following the May 9 rout, which saw Bitcoin (BTC) briefly dip to $29,730. Market downturns typically translate to heavier losses in altcoins due to a variety of factors, including thinly traded assets and low liquidity, but this also translates into larger bounces once a recovery ensues. Daily cryptocurrency market performance. Source: Coin360 Several projects notched double-digit gains on May 10, including a 15.75%…

Polygon reaches level that last time triggered a 275% MATIC price rally — will history repeat?

Polygon (MATIC) price reversed course to the upside on May 10 after testing $0.794 as its interim support, thus rising by up to 25% to $0.99. The rebound occurred a day after the token slumped over 17% to reach $0.787, its lowest level since July 2021, amid a global market crash led by the U.S. Federal Reserve’s hawkish policies. MATIC price rebounded after undergoing five days of relentless declines, attracting buyers around the same support level that had preceded a 275% bull run last year. MATIC/USD weekly price chart. Source: TradingView A…