CRYPTOCURRENCY Archives - Page 3 of 213

May 11, 2024

Near Protocol (NEAR/USD) Market Remains Bullish Amidst Several Pullbacks

Near Protocol Price Prediction – May 10 NEARUSD market remains bullish amidst several pullbacks to the downside. The current bullish wave began with a retraction from the bullish order block in the discount zone. The overall market trend has been bullish for a long time. The retraction from the $2....

#Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Expectation #Near Protocol #NEAR/USD #Price Action #Price Analysis #Technical Analysis #TechnicalAnalysis

May 10, 2024

Bitcoin Open Interest Points to Potential Record Highs

As traders head into the weekend, Bitcoin open interest is garnering significant attention, particularly its concentration at a strike price of $75,000 for the end-of-June expiry. This focus is more than just a number; it signifies a strong sense of optimism, indicating a potential for Bitcoin to r...

#Bitcoin Open Interest #CRYPTOCURRENCY #NEWS #Options

May 09, 2024

Enjin Coin (ENJUSD) Price Consolidates in Between Key Zones

Market Analysis – Enjin Coin (ENJUSD) Price Consolidates Between Key Zones Enjin Coin (ENJUSD) recently experienced a peak at $0.7000, followed by a discernible shift in market structure. Notably, the Averages Directional Index surged above 40 preceding the peak, indicative of a pronounced on...

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

May 09, 2024

Bitcoin (BTC/USD) Market Resumes Its Bearish Trend

Bitcoin Price Prediction – May 9 BTCUSD market resumes its bearish trend after a buy-side liquidity grab above $64728.00. The overall market trend is bearish, as the price keeps respecting a major trendline to the downside. According to the MACD (Moving Average Convergence Divergence), the directio...

#BITCOIN #BTC #BTC/USD #Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Expectation #Price Action #Price Analysis #Technical Analysis #TechnicalAnalysis

May 09, 2024

Crypto Trading Volume Declines Amidst Market Uncertainty

The crypto market has experienced an unexpected decline in trading volume, marking the first drop in seven months. April’s trading volume fell by 43.8% to $6.58 trillion, down from the record-breaking $9.12 trillion seen in March. This decline is attributed to several factors, including geopo...

#Binance #CCData #Crypto Trading Volume #CRYPTOCURRENCY #NEWS

May 08, 2024

UNUS SEO LEO (LEO/USD) Market Sets To Break Out

UNUS SEO LEO Price Prediction – May 8 The LEO/USD market is set to break out of the triangle pattern. The consolidation within the triangle pattern began after a crash that led to a sell-side liquidity grab below the $5.670 low. Amidst the consolidation, the overall direction of the market remains ...

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

May 08, 2024

Chiliz (CHZUSD) Retests Breaker Block

Market Analysis: Price Retests Breaker Block Following Bearish Breakout Chiliz has retraced to a breaker block following a consequential bearish breakout. The pronounced dip in price witnessed in April has nullified the previously established bullish trendline on the daily chart. This breakout has ...

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

May 08, 2024

FTX Announces Reorganization Plan to Settle Debts and Reimburse Creditors

Beleaguered crypto exchange FTX has unveiled a bold reorganization plan aimed at resolving its financial crisis. The plan, detailed in a report by Bloomberg, aims to raise between $14.5 billion and $16.3 billion to settle debts owed to creditors and customers. This move represents a significant ste...

#CRYPTOCURRENCY #FTX #NEWS

May 08, 2024

Avalanche (AVAXUSD) Market Accumulates at Discount Zone

Avalanche Price Prediction – May 7 AVAXUSD market accumulates at the discount zone. The accumulation followed a massive crash, which resulted from the rejection of the price at the $65.40 supply zone. The market seems to be gearing up for the bulls as the price is currently in a consolidation phase...

#AVAX/USD #Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Expectation #Price Action #Price Analysis #Technical Analysis #TechnicalAnalysis