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Ethereum [ETH] has shown significant movement in the past week and has shot above $1,550 as of 19 July. However, ETH doesn’t seem to be the only benefactor from the latest Merge update. Another old face from the past is reaping benefits from the news. Ethereum Classic [ETC] has also received a major upward movementContinue reading “Would Ethereum Classic be a replacement for ETH miners after Merge”

Ethereum Classic [ETC] registered radical gains after rebounding from its 15-month support near the $13.6-mark. The recent buying spree positioned the altcoin above the 50% Fibonacci resistance. ETC’s leaped over its EMA ribbons post the market-wide near-term buying resurgence after breaking down from the bearish pennant. A reversal from the 61.8% Fibonacci resistance could constrictContinue reading “Ethereum Classic: Slowdown from this mark would aid sellers in retesting…”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. There was an influx of developers into the Cardano [ADA] Github development network in recent months. Despite developments on the technical side, the sentiment remained bearish. On the price charts as well, the trendContinue reading “Cardano [ADA] would need to climb past this level to break its bearish movement”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. For Bitcoin [BTC], the entire region from $20.8k to $21.8k presented stiff resistance. In the past two weeks, the price saw a minor bounce from this area to test $23k as resistance, before promptlyContinue reading “Axie Infinity: Risk would be to buy range lows with a stop-loss at…”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Despite the strong bounce from the $18k lows, Bitcoin [BTC] has a bearish outlook on the longer timeframe charts. In order to initiate a recovery, BTC would need to climb past the $23k markContinue reading “If Solana [SOL] defends this zone, probability of a move higher would be high”

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Ethereum [ETH] has seen rough times in recent weeks on the price charts. During the harsh drop on 12 May across the market, Ethereum had managed to hold on to the $1750-$1950Continue reading “For Ethereum’s conservative traders, risk would be to enter short position below…”

Online chatter has recently increased multi-fold around Three Arrows Capital post speculations related to insolvency. There are swirling rumors that the company will be the latest to crash in a domino effect- after LUNA. Well, not to forget, Celsius Network’s latest announcement too had an impact on the broader market condition. Three Arrows Capital soldContinue reading “Would 3AC be the latest domino to fall after UST and Celsius”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin [BTC] dropped to a low of $20.8k in the hours preceding press time. This was a level that Bitcoin last traded at eighteen months ago. The global crypto market capitalization stood at $928 billion,Continue reading “Bitcoin’s revisit to this area would be a good shorting opportunity”

Are you a football fan? Have you ever thought of collecting and owning a special edition jersey of your favorite footballer as a digital collectible? Well, wish no more. With the upcoming 2022 FIFA World Cup and the ongoing craze surrounding digital collectibles, you might just be able to do so; courtesy of just announcedContinue reading “Algorand: This is how 2022 FIFA World Cup would be affecting ALGO traders”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin held on to the $38k level as support but has seen consecutive shallow bounces from the support level in the past ten days. If BTC falls beneath this support level, it could usherContinue reading “Would Shiba Inu descend lower on the price charts after a rejection at this zone”

Different metrics are telling different stories for the flagship cryptocurrency. Bitcoin worth more than $2.2 billion has been taken out of exchanges in the past weeks. Investors are keeping the prized crypto asset in cold storage and private wallets. This can be taken as a huge bullish signal. Despite periods of market volatility, Bitcoin hasContinue reading “Would Bitcoin traders see a bull ride in the coming month”

Although high computational requirements are compelling ETH to move to the PoS model, the Bitcoin PoW mining cycle is currently exhibiting bullish behavior. The hashrate of the token is also expected to rise by the end of 2022. BitMEX, via its latest report, stated that the current hashrate of 220 EH/S would rise to 320Continue reading “‘BTC hashrate of 220 EH/S would rise to 320 EH/S in 2022;’ the price will…”