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The Bitcoin open interest has remained on the high side despite the price declines, suggesting that interest in the leading cryptocurrency by market cap remains abundant. This interest is no doubt a good thing for the crypto market, especially in the long-term. But looking back at previous trends in…
On the higher time frame, Bitcoin appears to still be in a bearish market with the asset recording a 21.7% decrease away from its all-time high (ATH) above $109,000 recorded in January.However, when slightly zoomed in, it is seen that the asset is seeing a gradual and steady rebound surging 6.8% in …
Ethereum (ETH) continues to hold a crucial support level after recovering from last week’s correction. Its recent bounce from historical demand zones has led some analysts to suggest that the altcoin is gearing up for a breakout.Ethereum Holds Key SupportEthereum has reclaimed the key $1,600 level a…
Data shows the Bitcoin Net Taker Volume has been highly positive on Binance recently, a sign that the bulls are putting up aggressive bets.Bitcoin Binance Net Taker Volume Is Currently At A Notable Positive LevelAs explained by CryptoQuant community analyst Maartunn in a new post on X, Bitcoin taker…
Bitcoin price started a fresh decline from the $86,500 zone. BTC is now consolidating and might continue to decline below the $83,200 support.Bitcoin started a fresh decline from the $86,500 zone.The price is trading below $85,000 and the 100 hourly Simple moving average.There was a break below a co…
XRP price started a fresh increase above the $2.20 resistance. The price is now correcting gains and might find bids near the $2.050 zone.XRP price started a downside correction from the $2.250 resistance zone.The price is now trading below $2.120 and the 100-hourly Simple Moving Average.There was a…
Michael Saylor’s Bitcoin (BTC) proxy firm, Strategy, has made headlines once again by purchasing an additional $285.8 million worth of Bitcoin (BTC) during a week characterized by significant fluctuations in the company’s stock (MSTR) price. Saylor’s Strategy Reports 11.4% Year-to-Date Bitcoin Yield…
Dogecoin started a fresh decline from the $0.1700 zone against the US Dollar. DOGE is consolidating and might struggle to recover above $0.1650.DOGE price started a fresh decline below the $0.1650 and $0.1600 levels.The price is trading below the $0.1620 level and the 100-hourly simple moving averag…
Bitcoin price started a fresh increase above the $83,500 zone. BTC is now consolidating gains and might attempt to clear the $85,500 resistance.Bitcoin started a fresh increase above the $83,500 zone.The price is trading above $83,000 and the 100 hourly Simple moving average.There is a connecting bu…
XRP has emerged as one of the strongest-performing assets in recent weeks, defying broader market volatility and mounting macroeconomic uncertainty. After a rough start to the month, XRP has rebounded sharply, posting a 32% gain from last Monday’s low. The token’s resilience has caught the attention…
Ethereum might be on track to facing renewed pressure, according to an interesting technical outlook. Despite short bursts of recovery attempts, the broader market structure is still trying to flip in favor of bulls, but price movement shows that the bears are still in control. Notably, a posted by…
XRP price started a fresh increase above the $2.050 resistance. The price is now consolidating and must settle above $2.20 for more gains.XRP price started a fresh increase above the $1.980 and $2.050 levels.The price is now trading above $2.080 and the 100-hourly Simple Moving Average.There is a co…