Bitcoin is trading at prices between $ 62,856 to $ 63,016 at press time, with a market cap of $ 1.24 trillion and a 24-hour trade volume of $ 23.87 billion. Intraday, prices fluctuated between $ 62,120 and $ 63,909, showing signs of consolidation. Despite the overall uptrend, oscillators …
Ethereum Technical Analysis: Indicators Signal Caution for Ether as Bears Maintain Control
Ethereum’s price on August 19, 2024, stands at $ 2,582, with a 24-hour intraday range of $ 2,572 to $ 2,681. The cryptocurrency recorded a trading volume of $ 9.5 billion, contributing to a market capitalization of $ 310 billion. Despite these figures, ethereum’s technical indicators reveal a bearish outlook, …
6 Indicators of Economic Trouble: Is a US Recession on the Horizon?
At the end of the week, U.S. equities experienced a sharp decline, which reverberated through the cryptocurrency market, reducing its value from $ 2.4 trillion to $ 2.09 trillion since July 29. Recently, discussions have intensified around the likelihood of an impending U.S. recession, with a soft landing seemingly off the table. Below …
Bitcoin Technical Analysis: Key Indicators Signal Bearish Outlook
As bitcoin’s price action shows signs of continued bearishness, the digital currency’s trading volume and market capitalization suggest a volatile but keenly watched market. Bitcoin Bitcoin’s (BTC) current trading price of $ 62,891 to $ 63,075 per unit underscores a market grappling with uncertainty, reflected in an intraday trading range between $ …
Bitcoin Technical Analysis: Indicators Suggest a Potential Shift in Market Momentum
As of April 15, 2024, bitcoin presents a mixed landscape of consolidation and subtle recovery hints, reflecting a crucial moment for potential bullish or bearish trends. Bitcoin Despite the current market indecisiveness indicated by the 1-hour chart, the 4-hour and daily charts suggest underlying movements that could influence future price actions. The 1-hour chart displays […]