Here is how one algorithmic indicator anticipated multiple phases of FXS’ protracted rally
Altcoins can rally for an infinite number of reasons, but some price spikes are more historically similar than others. Go to Source Powered by WPeMatico
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Altcoins can rally for an infinite number of reasons, but some price spikes are more historically similar than others. Go to Source Powered by WPeMatico
Derivatives data suggests that sentiment-wise, pro traders are still neutral on Bitcoin’s price prospects ahead of Friday’s $750 million options expiry. Go to Source Powered by WPeMatico
3 key Bitcoin price indicators suggest that the $40,000 level will hold as support throughout 2022. Go to Source Powered by WPeMatico
Aggregate trading volumes and TVL in the Cosmos ecosystem are lifting the same metrics at Osmosis DEX, resulting in OSMO price hitting new all-time highs. Go to Source Powered by WPeMatico
Bitcoin and most major altcoins have started a strong recovery that could reach overhead resistance levels where bears may mount a strong defense. Go to Source Powered by WPeMatico
ANY, KP3R and WEMIX lead today’s altcoin charge after BTC price broke out of range higher with a surge to $44,000. Go to Source Powered by WPeMatico
BTC bulls seem to believe the bounce off $39,650 marked the bottom, but bears warn that a looming death cross on the daily chart is a sign of further downside. Go to Source Powered by WPeMatico
ETH’s futures markets are slightly bearish, but options traders appear to be interpreting the rally to $3,200 as a bottoming signal. Go to Source Powered by WPeMatico
Key BTC trading metrics are sitting on the edge of the “worst outcome” scenario, suggesting that the current sell-off is far from over. Go to Source Powered by WPeMatico
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