Bitcoin’s key momentum metric just flashed bearish with BTC price pinned under $50K
The relative strength index is making lower highs while correcting from its overbought area. Go to Source Powered by WPeMatico
Market Analysis
Auto Added by WPeMatico
Altcoin Roundup: Layer-one protocols chip away at Ethereum’s dominance.
Layer-one projects register a steady inflow of new users as the cost of using the Ethereum network gives projects like Avalanche and Cardano room to gain a foothold in the market. Go to Source Powered by WPeMatico
VORTECS™ Spotlight: This indicator flashed bullish prior to Voyager’s (VGX) 200% rally
Every trader is a genius during a bull market, but how does one know when a rally is fading and when it’s primed for continuation? Go to Source Powered by WPeMatico
Number of Cardano millionaires rises by 173% after ADA price hit new highs
The total number of Cardano wallets with at least a $1 million balance has surged from 3,625 on July 20 to 9,830 on Aug. 24. Go to Source Powered by WPeMatico
Bitcoin rejects $51K after Michael Saylor reveals new BTC purchase — What’s next?
Bitcoin correcting after a big announcement of Michael Saylor and facing crucial resistance at $51K. Go to Source Powered by WPeMatico
Altcoins rally higher while Bitcoin bulls target $50,000
SYS, SWAP and PRQ lead altcoins higher while Bitcoin bulls place their focus on the $50,000 mark. Go to Source Powered by WPeMatico
Avalanche (AVAX) in ‘overbought’ zone after 100% gains in a week — Correction ahead?
The AVAX/USD exchange rate slips more than 16% after testing its May 2021 resistance level. Go to Source Powered by WPeMatico
Analysts say this key metric suggests an altcoin season is at hand
A series of new all-time highs from altcoins and a drop in the Bitcoin dominance metric has many analysts convinced that an alt season has started. Go to Source Powered by WPeMatico
Bitcoin set to replace gold, says Bloomberg strategist on Bretton Woods 50th anniversary
The statement appeared as a takeaway from Blockworks’ Bretton Woods: The Realignment conference that gathered economists, macro analysts, and investors to discuss Bitcoin. Go to Source Powered by WPeMatico
Wen Dogecoin moon? On-chain data and trading volumes suggest soon
On-chain activity and trading volumes at major exchanges have analysts convinced that DOGE is turning bullish again. Go to Source Powered by WPeMatico