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]
CAD likely to find it difficult to hold its ground against the USD – Commerzbank
Share: In a risk-averse environment, the Canadian Dollar is likely to find it difficult to hold its ground against the US Dollar, in the opinion of economists at Commerzbank. Limited CAD recovery potential against the USD “The jitters on the … [Continue reading]