Polkadot ‘cup and handle’ setup sees DOT price 50% higher by September
Polkadot (DOT) looks ready to extend its ongoing price recovery due to a classic bullish pattern forming on its daily chart.DOT paints "cup and handle" patternNotably, DOT has been forming a "cup and handle" pattern since mid-June, confirmed by...
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Bitcoin price clips $23K on Pelosi Taiwan visit as trading range persists
Bitcoin (BTC) saw volatility after the Aug. 2 Wall Street open amid ongoing market reactions to tensions between the United States and China.BTC price U-turns as Pelosi lands in TaipeiData from Cointelegraph Markets Pro and TradingView showed...
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Bitcoin network activity decline suggests longer bear market: Glassnode
With several on-chain metrics for Bitcoin (BTC) still in a bearish range, a continuation of the recent price recovery will require increased demand and fees spent over the network, says Glassnode. The assessment of mediocre market growth over...
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BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
After strong monthly gains in July, Bitcoin (BTC) and the altcoins have started the new month on a tentative note. Even the United States equities markets have started August on a soft note. Is the bottom in?BofA Securities head of...
Best monthly gains since October 2021 — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week and a new month on a cautiously positive footing after protecting crucial levels.After an intense July in which macro factors provided significant volatility, BTC price action managed to provide both a weekly and...
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Historically accurate Bitcoin metric exits buy zone in ‘unprecedented’ 2022 bear market
Bitcoin (BTC) is enjoying what some are calling a "bear market rally" and has gained 20% in July, but price action is still confusing analysts.As the July monthly close approaches, the Puell Multiple has left its bottom zone, leading...
Bitcoin price eyes $24K July close as sentiment exits ‘fear’ zone
Bitcoin (BTC) dropped volatility on the last weekend of July as the monthly close drew near.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView200-week moving average in focus for July closeData from Cointelegraph Markets Pro and...
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Uniswap’s 80% gains in July are in danger with UNI price painting a classic bearish pattern
Uniswap (UNI) looks ready to post its best monthly performance in more than a year as it rallied approximately 80% in July, but signs of an extended pullback in the near term are emerging. Uniswap price nearly doubles in JulyUNI's...
Ethereum chain split is possible after the Merge, survey finds — But will ETC price keep climbing?
Ethereum's proof-of-work (PoW) powered by GPUs generated approximately $19 billion in revenue last year for ETH miners. But these revenue streams are in danger as Ethereum is expected to become a proof-of-stake (PoS) blockchain via "the...
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BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
Bitcoin (BTC) hit a six-week high above $24,000 on July 29, extending its rally that picked up momentum after the United States Federal Reserve hiked rates by 75 basis points on July 27. If the rally sustains for the...
Bitcoin price rejects at $24K as ‘classic short setup’ spoils bulls’ fun
Bitcoin (BTC) saw fresh volatility after July's final Wall Street open as highs north of $24,000 remained solid resistance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewResistance strikes BTC at $24,000Data from Cointelegraph Markets...
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Bitcoin bull run ‘getting interesting’ as BTC price hits 6-week high
Bitcoin (BTC) delivered a swift six-week high into July 29 as the aftermath of the latest macro developments boosted risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMonthly close could seal 20% gainsData from Cointelegraph...
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Bitcoin rallies after Fed interest rate hike, but bears can still win Friday’s $1.76B options expiry
Bitcoin's (BTC) price has been stuck in a descending channel since July 20 and it is currently heading toward the $20,000 support by the end of July. Adding to this bearish price action, BTC is down 50% year-to-date, while...
3 Bitcoin trading behaviors hint that BTC’s rebound to $24K is a ‘fakeout’
Bitcoin (BTC) price rallied toward $24,200 on July 28 after a near 10.5% surge that began a day earlier.The gains appeared after Federal Reserve Chairman Jerome Powell signaled intentions to slow down their prevailing tightening spree. They...
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$1.26B in Ethereum options expire on Friday and bulls are ready to push ETH price higher
Ether's (ETH) 53% rally between July 13 and 18 gave bulls an edge in July's $1.26 billion monthly options expiry. The move happened as Ethereum developers set a tentative date for the "Merge," a transition out of the burdensome...
Bitcoin price battles $23K as data says US in ’technical recession’
Bitcoin (BTC) regained more lost ground on the July 28 Wall Street open amid confusion over whether the United States had entered a new recession.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysts call recession for United States...
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IMF recession warning sees Bitcoin dip under $21K amid fresh $1M BTC price forecast
Bitcoin (BTC) fell below $21,000 for the first time in eight days on July 26 as Wall Street prepared for a decision on United States' anti-inflation policy.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed jitters test market...
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Ethereum’s bearish U-turn? ETH price momentum fades after $1.6K rejection
Ethereum's native token Ether (ETH) tumbled on July 26, reducing hopes of an extended price recovery. The ETH/USD pair dropped by roughly 5%, followed by a modest rebound to over $1,550.Ethereum gets rejected at $1,650 These overnight moves...
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Solana eyes 40% jump in August despite long-term bearish signals
Solana (SOL) dipped to a two-week low at around $35.50 on July 26, mirroring downside moves elsewhere in the crypto market. Nonetheless, technicals suggests that Solana's price flirts with the prospects of rising 40% in August.SOL hits key...
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