Ethereum loses key support level as ETH price falls to two-month lows against Bitcoin
ETH/BTC dropped below its 200-day exponential moving average for the first time since March 2020, raising risks of more downside. Go to Source Powered by WPeMatico
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Altcoin Roundup: DEXs come to the rescue after China bans crypto
China’s wide-spanning crypto ban puts a hefty dent in token values, but the surge in DEX volumes and BTC’s pop above $55,000 suggest the move was a blessing in disguise. Go to Source Powered by WPeMatico
CME Bitcoin derivative traders had ‘paper hands’ as BTC broke $55K — Report
Traders wound up their long Bitcoin derivatives contracts ahead of the October price rally, ignoring solid on-chain fundamentals. Go to Source Powered by WPeMatico
VORTECS™ Report: How this quant-style indicator foreshadowed Axie Infinity’s rally to a new ATH
AXS wrested control of the 2021 bull market to become one of the top-performing tokens, and Cointelegraph’s Markets Pro indicators accurately tracked each step of the journey. Go to Source Powered by WPeMatico
Is Axie Infinity overheating? AXS price hits record high following 100% QTD rally
The gaming token, which reached $150 in the early UTC hours of Monday, risks correcting below $90 as a key technical indicator identifies its overbought conditions. Go to Source Powered by WPeMatico
3 factors that can send Ethereum price to 100% gains in Q4
The three bullish indicators converge as Ethereum’s native token Ether climbs over 9% Friday to cross $3,000, its psychological resistance level. Go to Source Powered by WPeMatico
Bitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high
Rising jobless claims in the U.S. sparked selloffs in the dollar market. On the other hand, Bitcoin held onto its intraday gains. Go to Source Powered by WPeMatico
DeFi and DEX volumes soar amid China’s crypto ban and ongoing US regulation
Data shows that crypto holders are increasingly shifting to DeFi protocols and DEXs as China continues its cryptocurrency crackdown and fears of heavy-handed regulation scare US-based traders. Go to Source Powered by WPeMatico
Ethereum bears look to score on Friday’s $340M weekly ETH options expiry
Derivatives data shows bears have sufficient incentives to keep ETH price below $3,000 heading into Friday’s $340 million options expiry. Go to Source Powered by WPeMatico
VORTECS™ Report: This key trading algo spotted bullish altcoin setups even as BTC price fell
Even in a red market, solid gains can be made. Here’s how Cointelegraph’s unique trading tools highlighted the assets with the strongest historical outlook. Go to Source Powered by WPeMatico