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The ZCash bulls have overcome the $300 local resistance with ease, but can they defend it and push prices higher?

The high-volume surge into a key supply zone and subsequent rejection in recent hours was cause for worry for the bulls.

After the recent crypto drop, a lot of investors and traders are thinking twice about their next move. Bitcoin has kept falling and is now down close to half from its peak. Ethereum and XRP have also dropped, wiping out a big part of their recent gains.  Instead of waiting for another strong rally, attentionContinue reading “Varntix begins accumulating Bitcoin, Ethereum, and XRP”

Traders and investors should remember that TAO’s long-term trend remains bearish.

Using the H4 chart’s swing move lower in the first week of February, a set of retracement levels was plotted.

The rebound from the 78.6% retracement level of the weekly swing move was an interesting development for traders and investors.

Crypto traders did not start paying attention to traditional finance because they suddenly love banks. They started paying attention because TradFi moves capital, sets macro conditions, and increasingly shapes what happens in crypto. TradFi, short for traditional finance, includes the financial system most people grew up with: banks, stock exchanges, brokers, funds, payment rails, andContinue reading “PrimeXBT: What is TradFi and why crypto traders are paying attention now”

The price reaction after the BUIDL integration news was instant, but short-lived.

There were two imbalances (white) on the daily chart that were likely to be tested as supply zones next.