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
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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
Bitcoin ‘gives back gains’ after Fed comments ‘add downside risks’ to crypto markets
Analysts foresee prolonged weakness in BTC and altcoins following hawkish comments from the Federal Reserve. Go to Source Powered by WPeMatico
SEC reportedly probing crypto lending products by Gemini and Celsius
The SEC’s main concern reportedly lies with the high-yield offering by crypto lending services which are often considerably higher than most saving banks. Go to Source Powered by WPeMatico
Ethereum bulls aim to flip $2.8K to support before calling a trend reversal
ETH price appears to be bottoming but analysts are watching for $2,850 to flip from resistance to support before calling a bullish reversal. Go to Source Powered by WPeMatico
Polygon (MATIC) sees a strong oversold bounce after $250B crypto market rebound
MATIC price secured a near 40% gain as crypto market sentiment improves in the wake of a notable $250 billion relief rally. Go to Source Powered by WPeMatico
Euro Inflation Hits Record Highs, ECB Not in Rush to Raise Interest Rates
The European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in time, the executive unveiled. ECB Sees No Reason to Adjust Interest Rates Despite Eurozone Inflation Reaching 5% … Read more
Bitcoin dip below $40K follows Fed signal of a possible fourth rate hike in 2022
BTC’s abrupt drop to $39,650 came after the Federal Reserve floated the prospect of a fourth rate hike in 2022. Go to Source Powered by WPeMatico
Mike Novogratz Says Bitcoin Should Bottom Around $40K, Sees ‘Tremendous’ Demand From Institutional Investors
Galaxy Digital CEO Mike Novogratz expects the price of bitcoin to bottom at around $38K-$40K. “I know big institutions who are going through their process to put positions on. They’re going to see those as attractive levels to buy,” he said. Mike Novogratz on Future Outlook of Crypto Market The CEO of Galaxy Digital, Mike … Read more
