Bearish Momentum

Ethereum, Shiba Inu, VeChain Price Analysis: 18 November

Source Node: https://ambcrypto.com/ethereum-shiba-inu-vechain-price-analysis-18-november/
Time Stamp: November 18, 2021 5:30 AM - Modified On: November 18, 2021 - Published By:
Source Cluster:
Republished By Plato

After a bullish rally in October and early November, last week saw a significant correction for most cryptos. Ethereum and Vechain registered double-digit losses over the past week. On the other hand, Shiba Inu has been on a steady downtrend for the past three weeks. Accordingly, near-term technicals for all the aforestated cryptos undeniably reflect a bearish bias. Ethereum (ETH) Source: TradingView, ETH/USDT Ether heightened in a slope between two parallel channels over the past seven weeks. The largest altcoin performed well after registering a 61% ROI from 22 September

Do Bitcoin and other cryptos have any added advantages over equities

Source Node: https://ambcrypto.com/do-bitcoin-and-other-cryptos-have-any-added-advantages-over-equities/
Time Stamp: November 15, 2021 8:30 PM - Modified On: November 15, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin has shot up in price at the start of the week following a major upgrade to its network. Even the rejection of a spot bitcoin ETF by the SEC appears to have done little to damage bitcoin’s price prospects. At press time, the token, post some correction was trading at the $65.8k mark. Nonetheless, what’s the projected price mark for the largest cryptocurrency. Gareth Soloway, the chief market strategist at stock technical guidance platform InTheMoneyStocks.com believes that the token still had some room to left to record a fresh

Shiba Inu Whale Moves Over $1.2 Billion in Coins Again!

Source Node: https://themerkle.com/shiba-inu-whale-moves-over-1-2-billion-in-coins-again/
Time Stamp: November 9, 2021 6:30 AM - Modified On: November 9, 2021 - Published By:
Source Cluster:
Republished By Plato

As of 3 hours ago, the Shiba Inu whale wallet that contained over $8b tokens has moved over $1.2b worth of Shiba Inu to different addresses.Looking at the wallet on etherscan, we can see 4 outgoing transactions. The first two were for small amounts to verify that the big $SHIB deposit is going to the correct address. The latest two transactions moved over 10 trillion $SHIB each, totaling over $1.2b.The last time this particular wallet moved coins was 6 days ago, when it transferred 40 trillion $SHIB to fresh addresses.What’s

Shiba Inu Whale Moves Over $1.2 Billion in Coins Again!

Source Node: https://nulltx.com/shiba-inu-whale-moves-over-1-2-billion-in-coins-again/
Time Stamp: November 9, 2021 6:28 AM - Modified On: November 9, 2021 - Published By:
Source Cluster:
Republished By Plato

As of 3 hours ago, the Shiba Inu whale wallet that contained over $8b tokens has moved over $1.2b worth of Shiba Inu to different addresses. Looking at the wallet on etherscan, we can see 4 outgoing transactions. The first two were for small amounts to verify that the big $SHIB deposit is going to the correct address. The latest two transactions moved over 10 trillion $SHIB each, totaling over $1.2b. The last time this particular wallet moved coins was 6 days ago, when it transferred 40 trillion $SHIB to

Uniswap Resumes Downward After Retesting the $21 High

Source Node: https://coinidol.com/uniswap-21-high/
Time Stamp: September 25, 2021 8:12 AM - Modified On: September 25, 2021 - Published By:
Source Cluster:
Republished By Plato

Sep 25, 2021 at 12:12 // News Uniswap's (UNI) price has continued to fall after dropping below its moving averages. Uniswap has fallen to the low of $18 and there is a tendency of further downward movement of the cryptocurrency. The price of UNI first broke the previous low at $21 and then retreated to retest it. The retest of the previous low suggests that the downward movement will continue. The altcoin will continue to fall to the low of $10. However, the cryptocurrency asset will first find support above

Cardano, Synthetix, VeChain Price Analysis: 07 September

Source Node: https://ambcrypto.com/cardano-synthetix-vechain-price-analysis-07-september/
Time Stamp: September 7, 2021 9:00 PM - Modified On: September 7, 2021 - Published By:
Source Cluster:
Republished By Plato

Quite a few altcoins in the market experienced bearish momentum. The likes of Cardano, Synthetix and VeChain noted a decline on their respective charts. Cardano fell by 2.5% and was expecting to rest near its support zone of $2.49. Synthetix traded right above its support level of $12.49 and threatened to fall below it over immediate trading sessions. VeChain too, experienced loss while consolidating and was moving south towards its one-week price low of $0.124 Cardano (ADA) ADA/USD, TradingView ADA noted downward movement as it registered a 2.5% decline over

Binance Coin: High-risk traders have this longing opportunity awaiting them

Source Node: https://ambcrypto.com/binance-coin-high-risk-traders-have-this-longing-opportunity-awaiting-them/
Time Stamp: August 5, 2021 6:30 AM - Modified On: August 5, 2021 - Published By:
Source Cluster:
Republished By Plato

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Binance has been doing the rounds in the media for a number of reasons. Recently, the Securities Commission of Malaysia ordered the exchange to disable its website and cease offerings in the country for ‘illegally’ operating a Digital Asset Exchange. To add to Binance’s woes, financial services provider HSBC also suspended customer payments to Binance in the U.K., citing regulatory concerns raised by the FCA in June. However, this has

Ethereum Price Analysis: ETH reached $2,200 overnight, bears ready to take over?

Source Node: https://www.cryptopolitan.com/ethereum-price-analysis-2021-07-25/
Time Stamp: July 25, 2021 9:15 AM - Modified On: July 25, 2021 - Published By:
Source Cluster:
Republished By Plato

TL;DR Breakdown ETH continued to rally yesterday.Resistance found around $2,200.Market set to reverse today. Ethereum price analysis indicates bearish momentum to follow later today as the market has reached a $2,200 resistance level and rejected further upside overnight. Therefore, we expect ETH/USD to decline over the next few days and try to retest previous lows. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market trades with mixed results over the last 24 hours after a strong rally was seen yesterday. Bitcoin is up by 1.22 percent, while Ethereum has declined by

Ripple Price Analysis: XRP rejects further upside above $0.62, prepares to move lower?

Source Node: https://www.cryptopolitan.com/ripple-price-analysis-2021-07-25/
Time Stamp: July 25, 2021 8:19 AM - Modified On: July 25, 2021 - Published By:
Source Cluster:
Republished By Plato

TL;DR Breakdown XRP continued to move higher yesterday.Consolidation around $0.61 was established overnight.XRP/USD prepares for further downside. Ripple price analysis indicates bearish momentum to follow next week as further upside was heavily rejected overnight. Therefore, we expect XRP/USD to start declining over the next 24 hours to reach the $0.52 previous low next week. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market traded with a slight bullish momentum over the last 24 hours. Bitcoin increased by 1.77 percent, while Ethereum around 0.35 percent.  Ripple price movement in the last 24

Litecoin Price Analysis: LTC retests descending resistance trendline, reversal back below $125 today?

Source Node: https://www.cryptopolitan.com/litecoin-price-analysis-2021-07-25/
Time Stamp: July 25, 2021 7:14 AM - Modified On: July 25, 2021 - Published By:
Source Cluster:
Republished By Plato

TL;DR Breakdown LTC moved higher yesterday.Descending resistance trendline retested overnight.Market likely to reject further upside. Litecoin price analysis indicates bearish momentum to follow later today as a new lower high was established around $125-$128 price area, and further upside gets rejected as of now. Therefore, we expect LTC/USD to reverse later today and start heading towards the $105 major support next week. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market trades with a slight bullish momentum over the last 24 hours. Bitcoin is up by 1.27 percent, while Ethereum is

Cryptocurrency News Roundup for Aug 3, 2020

Source Node: https://beincrypto.com/cryptocurrency-news-roundup-for-aug-3-2020/
Time Stamp: August 3, 2020 3:43 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin started the week on a positive note after an unusually volatile weekend by recent standards. The BTC/USD price temporarily reached a local high of over $12,000. The eventful weekend was preceded by a credit-rating downgrade from Fitch who placed a “negative outlook” on the United State’s triple-A rating on Friday. Fitch added that a “resurgence of inflation” could be on the cards, which would in turn force the Fed to increase interest rates. It would be interesting to see the effects that would have on Bitcoin and its brethren.