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Category: Price Analysis

Market Outlook for the Week; BTC, ETH and Alts 

  For the past one week, we witnessed Bitcoin (BTC) stabilizing and bringing some greens to the market. It is currently trading above the 35k levels aiming to cross the next resistance around the 36k region.    This saw ETH and other Alts seeing gains. ETH broke $2,000 and is currently trading at 2,324 at…

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Price Analysis

Market Outlook for the Week; BTC and Altcoins

    Not much is going on in the cryptocurrency markets with the ranging or to say boring state of the market. There was a “fake” pump close to the 41k levels last week before it started a fresh decline when it couldn’t go above the 38k levels. It is currently struggling below 33k and…

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Price Analysis

Ethereum May Be Gearing Up for Bullish Movement as On-Chain Volume Declines

Ethereum (ETH) has been closely tracking Bitcoin’s price action over the past several days and weeks and was able to incur some bullish momentum this past Tuesday separate from Bitcoin, although this movement was short-lived and was closely followed by a retrace back towards its current price levels. Analysts are now nothing that Ethereum may…

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Cryptocurrency

Bitcoin Leads Momentum as Top Cryptos Trade Below Key Price Average

As reported on Coindesk, Bitcoin (BTC) and Bitcoin SV (BSV) are the only cryptocurrencies within the top 10 by market capitalization to have jumped back above their long-term moving averages. The 200-day moving average (MA) is often regarded as a marker for bullish long-term health when prices are above and bearish long-term market health when…

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Bitcoin

How to Use Stop Losses in Bitcoin Investing

Stop orders, which are orders to buy or sell a security once it reaches a certain price, can help bitcoin investors lock in gains or limit losses. These orders can make it easier for you to meet your investment objectives by automating trades and can be thought of as insurance to help increase your chances…

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Bitcoin

Bitcoin Price Hits Five-Week High Above $10,000

Bitcoin’s price was quoted in five digits across cryptocurrency exchanges earlier today, but the breakout into $10,000 was short-lived. The number one cryptocurrency by market value jumped to $10,350 at 01:45 UTC – the highest level since Sept. 24 – according to Bitstamp data. Meanwhile, the global average price, as calculated by CoinDesk’s Bitcoin Price…

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Bitcoin

Why is Bitcoin Going Down / Up? What Determines Price?

Bitcoin’s price is probably the most commonly searched aspect of the digital currency. This post explains how the price is determined and what makes it go up or down. Why is Bitcoin Going Down / Up Summary Bitcoin’s price is defined by the last trade conducted on a specific exchange. Price goes up when buying…

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Bitcoin

Ubex Ad Platform Launch Hikes Token Prices Up By 80%

The blockchain-based Ubex advertising platform that uses AI and neural networks for precise ad targeting has launched its long-awaited ad platform, spurring turbulent growth for its native UBEX Token. The launch of the revolutionary Ubex ad platform is a milestone event for both the project and the entire advertising industry. The possibilities of using AI…

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