CRYPTOCURRENCY Archives - cryptosignals.org

April 26, 2024

Enjin Coin (ENJUSD) Selling Momentum Declines

Market Analysis – Major Correction as the Third Wave Ends ENJUSD’s selling momentum declines as the bearish wave ends. The reversal from $0.730 seems to be coming to an end as the selling momentum declines. The overall trend of the market since last month has been bearish. This was foll...

#Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #ENJ #ENJIN #Enjin Coin #ENJUSD #Market Expectation #Price Action #Price Analysis #Technical Analysis #TechnicalAnalysis

April 25, 2024

Bitcoin ETF Inflows Stall as BlackRock’s IBIT Faces Investor Exodus

BlackRock’s spot bitcoin exchange-traded fund (ETF), known as IBIT, hit a roadblock on Wednesday as it failed to attract any new investor capital for the first time since its launch on January 11. The fund’s unexpected stagnation ended a 71-day streak of inflows, surprising many in the ...

#Bitcoin ETF #BlackRock #CRYPTOCURRENCY

April 25, 2024

Chiliz Buyers Trigger More Buys As Price Leaves Discount Zone

CHZUSD Analysis – Chiliz Resumes Bullish Trend Chiliz buyers trigger more buys as the price leaves the discount zone. The current direction of the price is bullish, as it aligns with the overall market trend. The resumption of the bullish trend follows the bounce off the major trendline, acti...

#Chiliz #CHZUSD #Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Expectation #Price Action #Price Analysis #Technical Analysis #TechnicalAnalysis

April 24, 2024

Changpeng Zhao vs. DOJ: DOJ Pushes for 36-Month Jailtime

In a landmark case that has gripped the cryptocurrency world, Changpeng “CZ” Zhao, the founder of the renowned digital currency exchange Binance, faces a potential three-year prison sentence. The U.S. Department of Justice (DOJ) has aggressively pursued a 36-month incarceration term for Zhao, who h...

#Binnace #Changpeng Zhao #CRYPTOCURRENCY #DOJ #NEWS #Regulation

April 24, 2024

Compound Experiences Bearish Breakout From Symmetrical Triangle

Market Analysis – Price Strikes Major Resistance Zone Compound has just experienced a bearish breakout from a symmetrical triangle on the daily chart. Prior to the breakout, the Hull butterfly indicator signalled a price decline with its red hue. Compound (COMPUSD) has been locked in an enduring st...

#Compound #COMPUSD #Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Expectation #Price Action #Price Analysis #Technical Analysis #TechnicalAnalysis

April 24, 2024

Shiba Inu Bulls Face Obstacle with Sellers Likely to Take Turn

Market Analysis – Sellers Are Ready to Take Charge Shiba Inu bulls face obstacles, with sellers likely to take turns. Shiba Inu has captured the interest of many investors. However, like any other cryptocurrency, Shiba Inu is not immune to market fluctuations. The recent weeks have witnessed ...

#Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Expectation #Price Action #Price Analysis #SHIB #Shiba Inu #Shibarium #SHIBUSD #Technical Analysis #TechnicalAnalysis

April 23, 2024

Crypto Outflows Persist for Second Week Amid Interest Rate Concerns

Crypto investment products have witnessed a second consecutive week of crypto outflows totaling $206 million, as reported by CoinShares. This decline coincides with a slight decrease in trading volumes of Exchange-Traded Products (ETPs), now standing at $18 billion. Interestingly, these figures rep...

#BITCOIN #CRYPTOCURRENCY #NEWS #Standard Chartered

April 23, 2024

Decentraland (MANAUSD) Reverses as Prices Avoid New Lows

Market Analysis – Prices Avoid New Lows MANAUSD experienced a reversal as price action failed to register a new lower low. This indicates a potential shift in market sentiment as buyers are eager to take control. MANAUSD Key Levels Demand Levels: $0.4250, $0.3270Supply Levels: $0.5680, $0.790...

#Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #decentraland #manausd #Market Expectation #Price Action #Price Analysis #Technical Analysis #TechnicalAnalysis

April 23, 2024

Compound (COMPUSD) Experiences Bearish Reversal

Market Analysis – Price Strikes Major Resistance Zone Compound (COMPUSD) has been embroiled in a protracted battle with resistance, particularly around the $74.460 mark, spanning nearly two years. Despite persistent efforts, the price has struggled to breach this significant barrier, with the...

#COMP/USD #Compound #COMPUSD #Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Expectation #Price Action #Price Analysis #Technical Analysis #TechnicalAnalysis