Bitcoin Market At Decision Point: aSOPR Retests Crucial Level
The Bitcoin market may be close to a decision point as on-chain data shows the Adjusted Spent Output Profit Ratio (aSOPR) is retesting the 1.0 level. Bitcoin aSOPR Has Declined…
Dormant Bitcoin Whales Waking Up, A Concern For BTC Price?
In five short days, three Bitcoin whales have activated addresses with thousands of BTC. The community is concerned that the quick activation of these big BTC wallets might be due…
Whales Move Ripple XRP Holdings As Token Plunges Below $0.46, What’s Ahead?
The price of Ripple XRP plummeted below the $0.46 level for the second time in the past three weeks as XRP records increased transactions amid the prevailing bearish trend on…
Standard Chartered Predicts Bitcoin Could Reach $100,000 By End of 2024
Bitcoin, the world’s most well-known cryptocurrency, has been on a wild ride over the past few years, with its price surging to new highs before crashing back down. Despite this,…
Why Bitcoin May Have Completed The “Perfect” Pullback
Bitcoin price is trading at around $27,000 per coin after failing to hold above $30,000. Crypto market sentiment would suggest that BTC is already back at lows, ready for a…
Bitcoin ‘ESR’ Continues To Show Bullish Divergence, Will Price Follow?
Bitcoin on-chain indicator Exchange Stablecoin Ratio (ESR) has continued to show bullish divergence recently. Will the price also mimic this? Bitcoin ESR Has Continued To Sharply Ascend In Recent Weeks…
Ethereum Price Vulnerable To More Losses If It Stays Below $1,920
Ethereum price extended its decline below $1,920 against the US Dollar. ETH could continue to move down if it breaks the $1,820 support zone. Ethereum traded further lower below the…
Bitcoin Price Could Resume Increase But 100 SMA Is The Key
Bitcoin price is attempting a fresh increase from the $27,200 support. BTC must clear $28,000 to start a decent increase in the near term. Bitcoin extended its decline below the…
Avalanche Struggles Under $18 – More Losses Seem Likely
Over the last few days, Avalanche has experienced significant losses, plunging by almost 20%. On a weekly timeframe, AVAX has lost 10% of its market value. Although the daily timeframe…
PepeCoin (PEPE) Rallies By 42% As Interest In Memecoins Rises
PepeCoin (PEPE), a newly launched memecoin, has been a focal point of investors’ interest in the last few days due to its massive market gains. In a crypto market that…