Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound
Ethereum price is back above its 50-week exponential moving average, a credible support level from the 2020-2021 market boom. Go to Source Powered by WPeMatico
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Fed and MIT’s CBDC research: Distributed Ledger tech has ‘downsides’
The researchers published results from “Project Hamilton,” which was first announced in 2020 to explore the use of existing and new tech to build and test a hypothetical CBDC platform. Go to Source Powered by WPeMatico
Canadian Bitcoin ETF sees its third-biggest daily inflow ever
Purpose Bitcoin ETF attracted over 1,000 BTC in inflows on Tuesday, its third-largest daily inflow since launch. Go to Source Powered by WPeMatico
The US Federal Reserve is making some analysts bullish on Bitcoin again
Recent U.S. economic data could spoil the Fed’s hawkish plans for 2022. Go to Source Powered by WPeMatico
Can Ethereum price reach $4K after a triple-support bounce?
A combination of multiple support levels, including a 21-month exponential moving average, helped ETH price rebound by nearly 30% from its local bottom. Go to Source Powered by WPeMatico
Bottom ahead? Solana paints its first ‘death cross’ as SOL losses 50% in January
Recently, death crosses between the 50-day and 200-day exponential moving averages have acted as a reliable predictors of bottoms. Go to Source Powered by WPeMatico
Ethereum price risks dropping to $2K on ‘bear flag’ setup
The bearish outlook appears against the backdrop of the Federal Reserve’s tightening policies. Go to Source Powered by WPeMatico
JPMorgan Lowers Its Bitcoin Fair Price Estimate to $38K Amidst Volatility
Leading investment bank JPMorgan has changed its view on the estimate of bitcoin’s price on a long-term basis. The institution had estimated a long-term price of $146K back in November when bitcoin was over $60K. One of the most important reasons for this change has to do with the increased volatility the asset has faced … Read more
Terra (LUNA) at risk of 50% drop if bearish head and shoulders pattern plays out
LUNA price is at risk of further downside, but analysts point to a possible rebound as the altcoin tests a reliable, multi-month moving average as support. Go to Source Powered by WPeMatico
Bitcoin ‘Doji’ points to bullish reversal scenario as BTC holds $36K support
BTC is more than 50% down from its $69,000 all-time high and traders seem to have no clue about the digital asset’s next direction. Go to Source Powered by WPeMatico
