The current worst case scenario involves a 28% wick below the 200-week moving average, one theory suggests.
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Category: Market Analysis
Top 3 cryptocurrencies that are faring the best in the 2022 bear market
The list is curated after studying the drawdowns of the top 30 crypto assets by market cap from their record highs.
fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) price higher
FTM price recovers from its May 12 low after the launch of the fUSD stablecoin and the possible return of Andre Cronje.
Monero enters ‘overbought’ danger zone after XMR price gains 75% in two weeks
XMR is also nearing a breakdown move led by the formation of rising wedge, a classic bearish reversal pattern.
Bitcoin’s current setup creates an interesting risk-reward situation for bulls
A slight improvement in equities markets and the resilience of a few key BTC price metrics are giving bulls hope of a reversal.
Avalanche nears key breakdown level that could sink AVAX price by another 65%
Strongly bearish fundamentals act as tailwind to Avalanche’s technically bearish setup.
Top 5 cryptocurrencies to watch this week: BTC, BNB, XMR, ETC, MANA
BTC price continues to encounter selling pressure, but a brief rally or the start of consolidation could lead to sharp gains in BNB, XMR, ETC […]
Bitcoin dives to fill CME gap amid claim new all-time highs will take 2 years
Don’t hold your breath for a return to $69,000 this year or next, one commentator says.
Largest difficulty drop since July 2021 — 5 things to know in Bitcoin this week
Bitcoin is getting a dose of reality this week as the World Economic Forum convenes, and analysts still favor a fresh BTC price drop.
Bitcoin price coma greets Wall Street open amid signs market ‘calling for rally’
BTC price is yet to decide on a target as $30,000 just about holds into the new week’s Wall Street trading.