Cryptos news Archives - Page 246 of 253

June 03, 2021

Bitcoin Market Analysis: CryptoQuant Reveals Bullish Potential for BTC

According to a new report from CryptoQuant, Bitcoin (BTC) might be on its way to a massive leg up based on several on-chain indications. Some of these indications include the fact that miners have stopped offloading newly-minted coins into the market, likewise long-term hodlers. Also, the Stablecoi...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

June 03, 2021

Band Protocol (BANDUSD) – Neckline of Double Bottom About to Be Broken

Band Protocol Market Analysis BAND dipped into a support zone at 5.900. It created a low on the 23rd of May. It attempted to rally but it was stopped at 9.700. The supply zone defended further increase in price. The price dropped back into the support zone once again at 5.900 on the 29th of […]

#Band Protocol #BANDUSD #Price Chart #Technical Analysis

June 02, 2021

Dogecoin Spikes Following Coinbase Pro Listing

Dogecoin (DOGE) posted a +15% spike yesterday, following an announcement that the sixth-largest cryptocurrency was finally getting listed on Coinbase Pro. Coinbase noted that inbound transfers of DOGE are available across their supported jurisdiction. According to the announcement, customers can be...

#CRYPTOCURRENCY #DOGE #DOGECOIN #NEWS

June 01, 2021

Synthetix (SNXUSD) Flows Through Descending Triangle

Significant Levels on SNXUSD Support Levels: $11.2500, $16.3550Resistance Levels: $22.1350, $19.1350 SNXUSD Market Analysis The market appears to be on a downward trend. This is evident with consistent lower lows formed in the market. A descending channel is also seen to have formed due to the mark...

#Price Action #Price Chart #SNXUSD #Synthetix #Technical Analysis

June 01, 2021

Bitcoin Market Analysis: Long-Term Holders are Not Selling

According to the weekly on-chain report from analytics company Glassnode, the rate at which older Bitcoin (BTC) gets spent has decreased significantly. This insight is indicative that many traders are willing to hold their assets through the current market consolidation. Glassnode noted that: “A pe...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

May 31, 2021

UMA (UMAUSD) Battles $14.00 Resistance to Escape Depression

UMAUSD Key Levels Demand Levels: $14.00, $19.75, $25.90Supply Levels: $1.10, $5.70, $10.00 UMA Market Analysis UMAUSD has been battling to escape depression since a rapid fall in price earlier in the month on the 19th of May. Price had fallen from a height of $25.90 and plunged to $14.00 in one day...

#Price Analysis #Technical Analysis #UMA #UMAUSD

May 31, 2021

Ripple vs. SEC: Court Rules Against SEC’s Request for Ripple Legal Memo

The United States Securities and Exchange Commission has suffered a setback in its ongoing case against Ripple Labs. Magistrate Judge Sarah Netburn ruled against a motion by the SEC to gain access to Ripple’s private memos discussing the sale of XRP with its lawyers. The Commission sought to prove ...

#CRYPTOCURRENCY #NEWS #RIPPLE #SEC #XRP

May 30, 2021

0x (ZRXUSD) Driven to Fill up Imbalances in the Market

ZRXUSD Major Zones: Demand: $0.790, $1.650Supply: $1.150, $2.370 ZRX Market Analysis Increased volatility was seen in ZRXUSD earlier in the year from the 3rd of February 2021 after a long period of consolidation in the market. The long consolidation had ended with a bearish indecision candle on the...

#0x #Crypto #IMBALANCE #Price Chart #Technical Analysis #ZRX #ZRXUSD

May 30, 2021

Bitcoin Price Analysis: Market Regains Modest Bullish Momentum

Last week, the crypto market saw billions of dollars flow out of the industry as Bitcoin (BTC) struggled to stay afloat. After a failed attempt at the $40k level, BTC plunged below the $34k level yesterday. At press time, the benchmark cryptocurrency trades at $36,200 per unit and is up by 4.7% aga...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS