TechnicalAnalysis Archives - Page 112 of 139

July 27, 2022

Solana NFT Trading Volume Plummets as Bearish Trend Persists

Solana (SOL)’s non-fungible tokens (NFTs) sale took a beating in June amid persistent bearish trends in the NFT space. Solana currently holds the position as the third-most successful blockchain, boasting about $2.5 billion in combined NFT sales volume. However, the platform recorded only $91.5 mil...

#CRYPTOCURRENCY #NEWS #SOL #Solana #TechnicalAnalysis

July 26, 2022

Synthetix (SNXUSD) Reveals the Readiness for a Selloff

SNXUSD Analysis – The Market Reveals Readiness for a Selloff SNXUSD reveals readiness for a selloff in an oversold region. The market has been trapped between the support level at $2.20 and the resistance level at $3.60. SNXUSD Major Zones Support Zones: $1.500, $2.200, $4.450 Resistance Zone...

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

July 26, 2022

Bitcoin Impairment: Tesla Reports BTC Conversion in Latest SEC Filing

In its latest filing to the US Securities and Exchange Commission (SEC) on Monday, Tesla revealed a massive Bitcoin (BTC) conversion. The giant electric vehicle manufacturer noted in its Q2 report that it converted 75% of its Bitcoin holdings into fiat currency, a move it originally promised it wou...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

July 25, 2022

Ripple Loses $0.3500 Support Following Momentum Change

Over the weekend, Ripple (XRP) recorded a solid 4.7% rally to $0.3668, paring back most of the losses recorded on Friday. This bullish move tracked the general sentiment across the market, which rose by 5.5% within the same period. However, the crypto market suffered a sharp decline in the Asian op...

#CRYPTOCURRENCY #New #RIPPLE #TechnicalAnalysis #XRP

July 24, 2022

Bitcoin Could be a Good Hedge for the Impending Depression: Kiyosaki

Award-winning author and investor Robert Kiyosaki recently warned investors about what he believes could be the “biggest bond crash since 1788” while touting Bitcoin (BTC) as one of the perfect hedges. The Rich Dad Poor Dad author explained in a tweet on Friday: “U.S. bond market crashes. Biggest b...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

July 22, 2022

Ethereum Classic Records 100% Rebound Amid Excitement of ETH Merge Upgrade

Ethereum (ETH)’s upcoming Proof-of-Stake upgrade has triggered a windfall for Ethereum Classic (ETC), with the ETC/ETH pair at a ten-month high. ETC has also been one of the stronger performers in recent weeks, jumping by an impressive 72% over the past seven days, according to data from CoinMarket...

#CRYPTOCURRENCY #ETC #Ethereum Classic #NEWS #TechnicalAnalysis

July 21, 2022

Bitcoin Still has Dark Days Ahead: Grayscale Investments

The world’s largest digital asset manager Grayscale Investments made some bearish projections for Bitcoin (BTC) in a report published this week titled “Bear Markets in Perspective.” In the report, the investments firm explained: “The length, time to peak and trough, and recovery time to previous al...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis

July 20, 2022

Ethereum to Hit $14,000 by 2030: Finder’s Survey Report

Popular survey portal Finder updated its Ethereum (ETH) price predictions on Monday. The research company collates expert predictions on possible Ethereum price movements using weekly and quarterly surveys. In its latest (Q2) survey, the company “asks a panel of 54 industry experts for their though...

#CRYPTOCURRENCY #ETH #Ethereum #NEWS #Survey #TechnicalAnalysis

July 19, 2022

Bitcoin Treasuries Shrink Following Crash and Heightened Volatility

In 2021, Bitcoin (BTC) recorded a massive price rally that saw the benchmark cryptocurrency tapping an all-time high of $69K in November. Since that event, BTC has shed about 70% of its value. At the same time when Bitcoin soared in value, reports showed a growing list of companies, organizations, ...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #TechnicalAnalysis