News

Welcome to our cryptocurrency news page! Here you will find the latest news, analytical articles, and updates from the world of cryptocurrencies. We strive to provide you with the most up-to-date and reliable information.

We'll get to see another CPI Data release 2.5 hours from now. The past few releases have come in mostly according to estimates. The markets have generally not been reacting much to these numbers lately. Unless there's a huge miss, I think this will mostly be a nothing burger.
$SOL vs $ETH is one of the more interesting charts out there. No doubt SOL (and it's ecosystem) have been massively outperforming ETH. Yet, it has been stalling at this same price level, which was also the 2021 all time high. Key area to see where this trend wants to go next.
$DXY Has been bouncing from its range low on the back of stronger economic data in recent weeks. This has put some pressure on risk markets which have been stalling for the past few weeks. The 103-104 area should offer some decent resistance. After that we can possibly look…
#Bitcoin Is in between its recently made higher high and higher low. Both the Daily 200MA/EMA are putting up a fight keeping price within them. The bulls would want to trade back to the 66.5K+ level to give $70K a go. Below 60K the low timeframe trend could start to shift.
$ETH Chart still very straight forward. All you need on the higher timeframe is these two horizontal price regions. Anything in between here will just be seen as chop/sideways action on the larger timeframe.
And yes, BTC is still up more than double SPX Year-to-date. Doing just fine. Just hope we'll get some fun again soon for everyone's sanity :)
Would be cool if #Bitcoin were to stop underperforming stocks for a change. Probably doesn't help all our buying liquidity is getting diluted to the max with all these alts & meme coins
This week pretty much went nowhere. Some specific outperformers but generally all coins and sectors have remained pretty flat. AI slight outperformer mostly fueled by $TAO as usual.
#Bitcoin Has some rather big liquidation clusters sitting at $61.4K & $62.6K. The reason for these being relatively big is the time spend around this $62K price level which has been quite choppy. Good amount of positions built up here by now.
Interestingly enough, The Zach & Murad debacle has added an additional risk factor on these meme coins. Murad is basically locked into holding on to his coins because any sell by him would trigger a massive sell off. This is pretty consensus. The fact that this is now dependent…
$CPOOL Clean breakout. Following the idea. That $0.16 level was a tough one to break but now leaves room for higher prices. Eyes on this local ~$0.18 level. After that, there's not much resistance left until quite a bit higher.
#Bitcoin Getting very compressed again after trading at this same price level for the past couple of days. Next move likely going to be a large one. Direction will depend entirely on which side breaks out. Your best bet is to wait for confirmation in times like these.…
Although many #altcoins recovered since last month, the average weekly RSI still sits at just 44. This means that there's no strong bullish or bearish momentum on the higher timeframes. It also means that if coins start moving bigger, there's a lot of room for them to do so.
#Bitcoin It's often difficult to measure out targets while a coin is in price discovery. At that point there's no horizontals or anything you can draw. The main thing I use for this is fibonacci extension levels. Primarily 1.618 & 2.618. This is just an example :)
#Bitcoin Still stuck between the Daily 200MA/EMA which are both holding their ground so far. Until a clear break of either one of these, I think price will remain pretty choppy.
Price action not the greatest but dips been getting slurped rather quickly across the board. If that sustains, it's a matter of time until the sellers run out of coins in this price area.
$EIGEN Breaking out. Red zone important going forward. If held, I'm looking for $4.2+ next.
Imagine how fun it will be on here again if the market breaks out and starts trending for a couple of months. No arguing, everyone just vibing as numbers go up. Currently sentiment pretty neutral. Not as bad as during the August lows. Not nearly as good as during Q1 2024. I'm…
#Bitcoin Has been trading alongside the 4H 200MA/EMA for some time now. It held as support earlier this week but is testing the 4H 200EMA again. As long as these are held, the low/mid timeframe momentum favors the bulls. Do want to see price sustain and move higher though.
$EIGEN Trading right at the high volume node near the middle of its range. If this were to break the $3.7-$3.75 resistance, then you're probably wise to start paying attention. These airdrop coins generally trade down, range for a bit until they attempt to rally.