Top 5 cryptocurrencies to watch this week: BTC, ADA, AXS, LINK, FTT
ADA, AXS, LINK and FTT may start a strong recovery in the next few days if BTC holds the $45,000 level as support. Source link
ADA, AXS, LINK and FTT may start a strong recovery in the next few days if BTC holds the $45,000 level as support. Source link
This week Bitcoin (BTC) and select altcoins broke above their immediate resistance levels and moved higher, which propelled the total crypto market capitalization above $2 trillion on March 24. One of the triggers that could have driven crypto prices higher was BlackRock CEO Larry Fink’s letter to shareholders where he said that the Russia-Ukraine conflict…
Read more
Bitcoin (BTC) and select altcoins broke above their immediate resistance levels but are struggling to sustain the higher levels, indicating that bears are not ready to give up. It is speculated that the spike in Bitcoin’s price on March 22 may have been caused by reports that Terra had sent 125 million USDT to Binance…
Read more
Bitcoin is attempting to hold on to its recent gains and as the price consolidates, traders may focus their attention on altcoins such as LUNA, AVAX, ETC, and EGLD. Source link
BTC’s technical setup suggests a potential breakout to the upside and charts suggest DOT, SAND, RUNE and ZEC would be the first to benefit from any bullish price action. Source link
Bitcoin (BTC) plunged below $40,000 on March 4 and has been trading below the level throughout the weekend. Although the crypto price action has been volatile in the past few days, Glassnode data shows that institutional investors have been gradually accumulating Bitcoin through the Grayscale Bitcoin Trust (GBTC) shares since December 2021. Another positive sign…
Read more
The speculation regarding the U.S. Federal Reserve’s tightening cycle and recent geopolitical developments may have resulted in panic selling by short-term traders. Analysis from Glassnode suggested that traders who had purchased Bitcoin (BTC) near the November 2021 high liquidated their positions in the past two and half months. This supply was absorbed by high conviction…
Read more
Bitcoin and altcoins surprised investors with a sharp bullish breakout today, signaling a possible change in the short-term trend. Source link
Crypto markets are expected to remain volatile for the foreseeable future, but BTC’s battle to reclaim $40,000 could be followed with rallies from LUNA, AVAX, ATOM and FTM. Source link
BTC is etching daily higher lows and altcoins are holding on to their recent gains, suggesting that a market bottom could be in place. Source link