Based on the latest metrics, the cryptocurrency landscape has experienced a widespread but modest downturn. Yet, the digital asset solana has risen by 12.2% in the last 24 hours and 43% against the U.S. dollar over the past week. Currently, solana surpassed the $ 200 mark per coin as it closed in on BNB’s …
Ethereum Technical Analysis: ETH Remains Range Bound With Neutral to Bullish Momentum
Ethereum’s price held above $ 2,300 over the past 24 hours, ranging between $ 2,266 and $ 2,333. The cryptocurrency faces technical resistance at its recent highs according to an analysis of key oscillators and moving averages. These indicate continued neutral to bullish momentum over the past month across the daily, 4-hour, …
Ethereum Technical Analysis: ETH Stabilizes in a Narrow Range
Today’s trading session commenced with ethereum oscillating between $ 2,480 and $ 2,532 in the past hour, enclosed within a daily range of $ 2,472 to $ 2,544. This restricted range hints at a brief stabilization period after a spell of recent market swings. Ethereum maintains a strong market capitalization of …
Ethereum Technical Analysis: ETH Hangs Above $2K Range Amid 3% Drop
Similar to bitcoin’s price, the second leading digital currency in terms of market cap, ethereum, is down on Monday, losing 3% against the U.S. dollar. Oscillating within a 24-hour range of $ 2,017 to $ 2,088, ethereum maintains a market capitalization of $ 243 billion. Current technical indicators offer a nuanced perspective …
Bitcoin Technical Analysis: Traders Anticipate US Inflation Data Amidst Tight Trading Range
The crypto market is abuzz with the prospects of bitcoin exchange-traded funds (ETFs), sparking a rush of investments in anticipation of their approval. Investors and traders are bracing for the U.S. inflation report due to drop on Tuesday, which historically shakes up market sentiment and could tip the scales for future Federal Reserve rate hikes. […]