, , , , , , , ,

ATOM Enters “Trouble Area” as Price Rallies Another 9%; Pain Ahead?

ATOM was among the biggest gainers on cryptocurrency boards this Wednesday as traders assessed its integration into the US-regulated crypto exchange Coinbase. The Cosmos’ native token rallied 9 percent on a 24-hour adjusted timeframe,…
, , , , , , ,

Bitcoin Expects to Hit Yearly Highs on UBS’s Bullish Gold Call; Here’s Why

Bitcoin is looking to resume its uptrend towards $12,500 based on its proximity with traditional rival gold. The analogy pops out of an erratic positive correlation between the two assets that have caused them to trade in tandem since March…
, , , , , , , , ,

Cosmos Jumps 38%–Textbook Indicator Points to 70% Price Rally

Cosmos’s native token ATOM has surged more than 38 percent in the last five days, validating a textbook technical indicator that now predicts additional 70 percent gains for the cryptocurrency. ATOMUSD breaks out of its Falling Wedge pattern.…
, , , , , , , , ,

UNI Shows Signs of Rebound After Crashing 57%; What’s Ahead?

UNI logged a strong reversal in the running week after crashing by 57 percent in just four days of trading earlier this month. The UniSwap’s governance token was trading about 30 percent higher from its session low at $3.68. Traders came…
, , , , , , , , , , , ,

How BTC Held On Exchanges Matches Bitcoin’s Deadliest Drop Yet

Several signs indicate that Bitcoin is potentially on the brink of a new bull market, and much higher prices are ahead. However, one seemingly bullish sign that investors are preparing for mark up, is actually at the same level as just prior…
, , , , , ,

Critical On-Chain Signal Predicts That Bitcoin’s Next Move Will Be Upward

As many analysts predicted, Bitcoin was cleanly rejected in the low-$11,000s on Wednesday due to a cluster of resistance in that region. $11,000 is a price point that BTC bounced off multiple times during last month’s consolidation. Critical…
, , , , , , , , , ,

Did Bitcoin Just Confirm It’s Largest Reversal Pattern In History?

All eyes are on Bitcoin and more specifically if the cryptocurrency is able to hold above both the “meme” downtrend line and the critical level of $10,000. The asset thus far has held strong, confirming both former resistance levels…
, , , , , ,

This Top Macro Analyst Is Bullish on Ethereum’s Nexus Mutual (NXM)

Ethereum’s decentralized finance space has been catching a lot of attention over the past few weeks. This is for good reason: since the start of the year, the value of tokens locked in DeFi has surged in excess of 1,000%. Certain projects,…
, , , , , , , , ,

CELO Breaks Five-Day Losing Streak With a 30% Rebound; What’s Next

CELO was among the few cryptocurrencies that posted gains in the last 24 hours. The 34th-largest crypto token surged by 30 percent to hit $4.60, its highest level in more than a week. Traders jumped in to the CELO market after Coinbase Pro,…
, , , , , , , , , , , , ,

Pizza & Hot Dogs: How Uniswap’s Profit Buffet Can Burn Crypto Investors

The DeFi space has taken some wild twists as of late, causing crypto Twitter feeds to look a lot more like a menu at a local dining establishment. The bizarre world of decentralized finance and yield farming tokens has taken a turn for the weirder,…