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Cracking the Code of Bitcoin’s(BTC) Price Plunge: Insights into Market Sentiments and Beyond
Bitcoin’s price experienced a sharp and substantial downturn, attributed to the prevailing undercurrent of negative sentiments that were previously elucidated in the preceding analysis, accessible here. In our discussion today, we shall delve into the intricate contours of the market…
Why Did Bitcoin Quickly Drop to 25k?
What is the usual reaction of a crypto trader when an asset suddenly drops a two-digit percentage in a very short period? Who sold their bags today? Retail traders usually point to smart money or big whales whenever an unexpected…
ADA’s Price Odyssey: Navigating September 2023 Through Echoes and Patterns
In the labyrinthine landscape of ADA’s price movements, a discernible pattern weaves a tale of its trajectory. Imagine two lines, one above and one below, forming a parallel corridor that ADA’s price seems to navigate. This corridor, akin to a…
Will Ethereum Price Ever Leave the $1,800 Range? If So, When?
Ethereum is the second largest cryptocurrency apart from Bitcoin. For the longest time, the Ethereum price continues to fluctuate between $1,800. Apparently, it is raising questions of whether the crypto will make any increase from this price. Well, many experts…
Navigating XRP’s Legal and Technical Terrain: An In-Depth Analysis
In a significant legal turn of events last month, a federal judge issued a ruling that shed light on the intricate legal standing of Ripple’s XRP. The judge’s declaration stipulated that although Ripple’s direct sales of XRP to institutional investors…
SHIB and LTC in Focus: Analyzing Trends and Market Signals for the month of August
SHIBA INU: – A whimsical yet contentious player in the dynamic landscape of cryptocurrencies, SHIB has emerged as a captivating phenomenon. Drawing inspiration from the endearing Shiba Inu dog breed and riding the surges of meme culture, SHIB has become…
How high Solana and Tron can go ? A look at Solana and Tron – September 2023
SOLANA: In the weekly timeframe, SOL is currently trading within a parallel channel, delineated by a robust lower support line and an upper resistance line. Additionally, notable on the weekly horizon, SOL demonstrates a pattern of forming Higher-High and Higher-Low…
Charting Ethereum’s Future: A Technical Outlook for Traders – September
Presently, Ethereum finds itself entrenched within a trading range bordered by $1690 and $2033. However, the spotlight falls on a critical resistance zone, firmly established between $2000 and $2100. This pivotal level has wielded considerable influence in the past, evidenced…
Is Cardano Back? ADA Price Enters New Level
Cardano (ADA) is one of the cryptocurrencies heavily affected by the bear market. The Cardano blockchain is a system that allows other crypto developers to create new innovative apps called DeFi applications. The native token of this blockchain is called…