Share: Altcoins have mostly taken a backseat after an explosive move in Bitcoin price in the last few weeks. If BTC takes a breather, it will provide altcoins, with the right narrative, a chance to rally. With the Game Developers Conference … [Continue reading]
Bitcoin price to take a breather as midsize US banks request Fed to insure deposits for two years
Share: Bitcoin price and momentum indicators do not seem to be aligned, suggesting the possibility of a reversal. Investors need to be confident in their approach and decide if they want to sell or accumulate more. Invalidation of the ongoing bull … [Continue reading]
Whale moves $33 million worth of ETH to Binance in one go: What this means for Ethereum price
Share: A whale has moved $33 million worth of Ethereum to Binance in a single transaction. ETH price is now exposed to massive volatility levels, dropping 2.18% from the $1,807 level reported earlier. The general bullish outlook will be invalidated … [Continue reading]
What Ripple holders can expect next week as XRP price coils up for explosive move to this level
Share: XRP price has been struggling to overcome the $0.380 to $0.400 zone for more than nine months. The three-day chart shows that the remittance token is at a pivotal point that could trigger a massive rally. Invalidation of this bullish idea … [Continue reading]
Why Tether (USDT) and TrueUSD (TUSD) whales are key for crypto bull rally?
Share: Bitcoin price hitting $27,000 has caused markets to turn bullish, which has flipped investors' sentiment. Accumulation seems to be a trend as stablecoin whales start increasing their gunpowder in case of a drop. Tether and True USD have … [Continue reading]
Is Dogecoin price preparing for a 25% rally?
Share: Dogecoin price has swept below the range low at $0.0705 and recovered above it, denoting a recovery rally could be brewing. Investors can expect DOGE to trigger a 23% upswing to retest the range high at $0.0946. Invalidation of the bullish … [Continue reading]
Assessing chances of Ethereum price rally to $2,400
Share: Ethereum price action between September 2022 and mid-March 2023 reveals an inverse head-and-shoulders pattern. The forecast for this setup reveals a 37% move is incoming for ETH. Invalidation of the bullish theiss will occur on the … [Continue reading]
Silicon Valley Bank and Signature Bank hearing to be held on March 29, FDIC Chairman set to witness
Share: The Federal Reserve Vice Chair for Supervision, Michael Barr, will also attend the bearing as a witness. The House Financial Services Committee intends to get to the depths of the failure of Silicon Valley Bank and Signature Bank. Crypto is … [Continue reading]
Analyst: This is what can be expected from Bitcoin price before the next halving in April 2023
Share: Bitcoin price has historically breached the macro downtrend between 365 to 397 days before a halving. The next Bitcoin halving is scheduled for April 2023, which stands to be within the expected range of the breakout. On the micro-scale, BTC … [Continue reading]
Gold Price Forecast: XAU/USD gains more than 3%, approaches $2,000
Share: Gold price surged on Friday, extending weekly gains to over $100. New context of lower yields and banking jitters boost gold’s demand. XAU/USD eye best week in years. Gold price moved further to the upside during the … [Continue reading]