Ethereum has witnessed a significant surge in price, breaking above the crucial $3,250 resistance zone. This bullish momentum has propelled ETH past $3,300, indicating a strong potential for further upside movement in the near future. The price action is currently above $3,250 and is supported by the 100-hourly Simple Moving Average. A connecting bullish trend
In recent trading sessions, Bitcoin has shown a strong uptrend, breaking through key resistance levels and climbing towards the $63,200 mark. This surge in price is a bullish sign for the cryptocurrency market as a whole, indicating potential further gains in the near future. Looking at the technical indicators, the hourly MACD for Bitcoin is
The recent recovery of the Bitcoin price has brought it back above $58,000, signaling possible bullish momentum in the market. A prominent crypto analyst has identified an ascending triangle pattern on the four-hour price chart, indicating a potential continuation of this resurgence. This pattern consists of a horizontal line drawn along swing highs and a
Semilore Faleti is a prominent figure in the world of cryptocurrency journalism and content creation. With a background in writing, Semilore has dedicated his career to unraveling the complexities of blockchain technology and digital assets. His passion for the efficiency of digital assets in storing and transferring value has driven him to become a staunch
Jamie Coutts, the chief crypto analyst at Real Vision, has brought attention to a key indicator that suggests a bullish future for Bitcoin (BTC). Coutts highlighted that the decline in Bitcoin’s hash rate is slowing down, a trend that typically signals a bottom and a reversal of bearish sentiment. However, he cautioned that a successful
Semilore Faleti is a prominent figure in the world of cryptocurrency writing, with a specialization in journalism and content creation. His journey in the realm of crypto journalism began with a wide range of subjects, but it wasn’t long before he discovered his passion for unraveling the complexities and intricacies of blockchains and digital currencies.
Godspower Owie, a native of Edo State, Nigeria, credits his upbringing and family for shaping his character and values. With three siblings who served as his idols and mentors, he learned important life lessons that guided him through his journey. His parents, in particular, provided unwavering support and a sense of security that helped him
The recent crash in the Bitcoin price back towards $56,000 has left many investors concerned about the future direction of the cryptocurrency. Despite a brief pump triggered by the CPI data release showing lower than expected inflation rates, the bearish trend has continued. This has led to desperate attempts from bulls to keep the price
In recent times, the XRP price has managed to outperform its counterparts in the top ten largest cryptocurrencies, experiencing a substantial surge of 13.5% within just one week. This surge comes after a prolonged decline from its yearly high of $0.745 back in March. The current market capitalization of XRP sits at an impressive $26
Elon Musk, the CTO and chairman of X, recently took to social media to make a bold accusation against the European Commission. He claimed that the EC had offered X an “illegal secret deal” to censor speech in order to avoid being fined in the EU. Musk stated that the Commission proposed that X “quietly