Ethereum price shows an interesting development over the course of last week. Despite crashing down, ETH seems to be in a position to show positive returns this week that could push it higher to significant levels. Ethereum price recovery in progress Ethereum price crashed 23% over the last month and set a swing low aroundContinue reading “Three reasons why Ethereum [ETH] is likely to reach $3,800 soon”
Latest Articles from Indrashish Mitra
Cryptocurrency regulations. This has been an extremely contentious topic of debate within the cryptocurrency community across the globe. Why isn’t any country bringing about structured crypto-regulations? Well, I’ll try to answer that in the context of India and extrapolate it to the world. The Indian government has introduced prohibitively high taxation on crypto-trading in theContinue reading “Cryptos, governments, and the real reasons why they don’t really get along”
Ethereum price is hovering inside a compact trading range for the third month. The recent developments suggest that a move outside the upper limit could soon arrive and push ETH to significant barriers. Ethereum price finds a stable base Ethereum price is still trading in its range that extends from $2,158 to $3,282. The saidContinue reading “Why Ethereum [ETH] may be preparing to revisit $4,000 level”
Axie Infinity price approaches an oversold condition that hints at a reversal in trend favoring the bulls. This price action for AXS has also produced a bullish technical formation that adds further credence to the optimistic outlook. Axie Infinity price ready for a quick run-up Axie Infinity price rallied 62% between 24 January 24 andContinue reading “Axie Infinity: This new bullish divergence may trigger a near 75% upswing”
Ethereum price has shattered one-half of a significant support confluence, suggesting that the bears are taking control. However, the said foothold still holds true and hence, the chances of reversal are not extinguished completely. Ethereum price to restart its upswing Ethereum’s price is set a range extending from $2,158 to $3,282 after rallying 52% betweenContinue reading “Can Ethereum bulls defend the last support and mount a rally to $3,500”
Shiba Inu price has been on a consolidation rally for more than three months and is sitting inside a massively bullish, bottom reversal pattern. Therefore, investors need to keep a close eye on this altcoin as SHIB could explore any time and trigger a massive rally. Shiba Inu price awaits explosion Shiba Inu price coilsContinue reading “Shiba Inu’s price action hints at an explosive rally thanks to this pattern”
Dogecoin price shows an interesting development after its breakout from a bullish setup on 23 March. The initial move was volatile, however, DOGE seems to be stuck consolidating, hinting at an explosive, especially when on-chain metrics show that whales are increasing their rate of accumulation. A higher recovery on the cards? Dogecoin price action fromContinue reading “Dogecoin [DOGE]: Mid-range flipped into demand zone could mean…”
One of the first proper alternatives to Bitcoin, Litecoin has amassed a huge following all across the crypto-community. While never as popular as BTC, LTC has carved a niche for itself, with its price valuation reflecting the same as well. Attractive valuations? Like most altcoins, Litecoin registered an incredible price rally too. Towards the beginningContinue reading “Litecoin [LTC]: What is a ‘good time’ to buy into the altcoin”
From being used to issue verifiable caste certificates in Maharashtra, India to pledging $20 million to eliminate carbon footprint by the end of 2022, Polygon network has done it all. It even has over $4.1 billion in total-value-locked, according to DeiLlama, coming in eighth on the leaderboard. Here’s how the charts look However, it hasContinue reading “MATIC’s recent drawdowns mean this may be the way to invest”
The OG cryptocurrency, Bitcoin, has been a source of sorrow for many in 2022. Since the beginning of the year, it has been stuck in a range, peaking at around $48,000. Back in November 2021 – cryptos were on a roll and it seemed like nothing could stop them. Then came the crash that wipedContinue reading “Bitcoin: Is there a case for ‘speculating’ on BTC’s fundamentals”
XRP investors clearly don’t know what to do with their investment, and understandably so. With the SEC lawsuit hanging over their necks, XRP has seen much better days in the past. Its near 50% correction from its November 2021 highs has been devastating for many. Positivity abound Meanwhile, Ripple CEO Brad Garlinghouse has expressed hisContinue reading “Third time’s a charm: Can XRP breach the crucial supply zone this time around”
Ethereum price is in a tough spot after the recent bounce from a support level. Although the uptick is bullish, there might be a revisit or perhaps a sweep of the said barrier before a full-blown uptrend begins. Ethereum needs to survive the test of faith Ethereum price action between 24 January and 27 MarchContinue reading “Why Ethereum may touch sub-$3000 levels amid delay in the ‘Merge’ upgrade”