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Bitcoin Price Analysis

Bitcoin Price Analysis: BTC rebounds from $41,200, swift return above $44,000 to follow?

TL;DR Breakdown Bitcoin price analysis is bullish for today. BTC/USD saw another spike lower overnight. Support was found at $41,200. Bitcoin price analysis is bullish for today as a strong spike lower overnight was quickly rejected, pushing the market price back below $44,000 resistance. Therefore, we expect bullish momentum to return later this week, sending …

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Monero price analysis New challenges await the bears beyond

Monero price analysis: New challenges await the bulls as XMR touches $230

TL;DR Breakdown The Monero price analysis shows downtrend is going strong today. Price has decreased up to $230. Support is still at the $225 level. The Monero price analysis is giving an edge to the bears, as the price faced significant loss today. Monero’s price value is now at $230, after undergoing a massive decline …

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nft crypto

NFT Crypto: Are NFTs the New Crypto?

NFTs are digital assets that represent real-world objects like music, art, digital avatars or images, videos, or any other collectible items but cannot be duplicated. They are backed by blockchain technology. The NFTs are sold online, frequently for crypto coins, and are encoded. Although NFTs use the same blockchain technology that powers cryptocurrencies, they’re not a …

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Laos

Laos embraces cryptocurrencies to overcome COVID crisis

TL;DR Breakdown • Laos will host the BTC mining companies that left China due to regulations.• The national government could impose rules on crypto trading to prevent illegal operations. Laos, located in Southeast Asia, has completely revolutionized the air of regulatory policies against cryptocurrencies maintained by neighboring countries. Laos’ government has just accepted crypto trade …

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Bitcoin Price analysis

Bitcoin Price Analysis: BTC spikes to $42,500, is the market ready to reverse?

TL;DR Breakdown Bitcoin price analysis is bullish for today. BTC/USD saw a strong decline overnight. Support was found at $42,500. Bitcoin price analysis is bullish today as strong rejection for further downside was seen over the past hours after a quick spike to the $42,500 mark. Therefore, we expect BTC/USD to regain some of the …

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el salvador

El Salvador adds 150 more Bitcoin to its reserve

TL;DR Breakdown: El Salvador has purchased an additional 150 Bitcoin, raising its holdings to 700 BTC. Meanwhile, there is a complaint filed against the government, which seeks to review their Bitcoin debuts.  The government of El Salvador has remained bullish on the largest cryptocurrency, despite complaints raised by a human rights organization in the country …

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Etherum burning

Ethereum burning: 30k coins worth over 1bn taken out of circulation

TL;DR Breakdown More than 300,000 ETH coins worth over $1Billion have been burned or taken out of circulation. The total ETH burned is expected to reach 1,783,000 by the end of this year. Recently, the Ethereum network experienced a significant upgrade on August 5, 2021, which led to massive Ethereum burning. It is called the …

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Pancakeswap Price analysis

PancakeSwap Price Analysis: CAKE sets higher low at $22, ready to break higher?

TL;DR Breakdown PancakeSwap price analysis is bullish today. CAKE/USD saw a slight retracement today. PancakeSwap is moving for another test of the $23 resistance. PancakeSwap price analysis is bullish for today as a new higher low was set today above $22 and bulls currently push the market higher. Therefore, we expect the $23 resistance to …

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Sushiswap price analysis

Sushiswap Price Analysis: SUSHI moves for a second retest of $12 support, ready to push higher next week?

TL;DR Breakdown Sushiswap price analysis is bullish. SUSHI/USD retests the $12 support for the second time. SUSHI currently rejects further downside. Sushiswap price analysis is bullish for today as the market moved for a second retest of the $12. Since further upside currently gets rejected, we expect SUSHI/USD to move higher over the next 24 …

Sushiswap Price Analysis: SUSHI moves for a second retest of $12 support, ready to push higher next week? Read More »

Avalanche Price analysis

Avalanche Price Analysis: AVAX starts to recover, new all-time high past $75 today?

TL;DR Breakdown Avalanche price analysis is bullish for today. AVAX/USD retraced and found support at $66.5 yesterday. Bulls start to push AVAX higher today again. Avalanche price analysis is bullish for today as the market has set a new higher low and started to move back towards the previous all-time high. Therefore, we expect AVAX/USD …

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