This key trading metric alerted traders to FTM’s bullish outlook on each turn of the altcoin’s parabolic 500% rally.
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This key trading metric alerted traders to FTM’s bullish outlook on each turn of the altcoin’s parabolic 500% rally.
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FRONT, ALGO and PRE rallied in excess of 40% as altcoins capitalize on Bitcoin’s range-bound price action.
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NEAR, ALGO and CVP notched gains in excess of 37% while the wider market attempts to recover from Tuesday’s sharp correction.
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Trading is “easy” when the trend is upward, but remember that in a bull market, cryptocurrencies take the stairs up and the elevator down.
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In the crypto market, it’s often the early bird that gets the worm. Here’s how two quant-style indicators flashed a bullish signal for FIL and NEAR.
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In some cases, unusually high tweet volume can signal that an asset is about to soar, but traders should mind the context.
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Bitcoin price briefly tops $40,000 and Ether climbs above $2,600 as traders gain their composure following last week’s “historic deleveraging event”.
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Another round of FUD helped to push Bitcoin price back below $34,000, placing further pressure on altcoins which now trade below multi-month lows.
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YFI, EOS and REV notched double-digit rallies as altcoins capitalized on the oversold bounce in Bitcoin and Ethereum price.
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CryptoBanter is the first cryptocurrency-centric media outlet available 24/7.
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