The latest Monero price analysis predicts a bullish trend for the day as buyers’ participation has increased and more buying activity has been taking place in the market. The bullish rally has been continuous for the last four days, and the price overcame $132.7 resistance during this time. As the bullish momentum intensifies, further improvement in XMR/USD market value is expected as bulls are preparing to challenge the $140 resistance next. The buyers must remain persistent to achieve… Source link

A popular analyst is digging into the charts to set price targets for six crypto assets as the markets try to end the week on a bright note. Pseudonymous crypto trader Altcoin Sherpa tells his 180,100 Twitter followers he’s looking at the 200-day exponential moving average (EMA) for Bitcoin (BTC) on four-hour candles to plot out both short-term highs and lows. The crypto strategist also says that while Bitcoin has managed to establish a near-term range, he does not believe… Source link

The bear market is the most misunderstood part of the market cycle. Investors run in fear and panic when they see the value of their portfolios plummet. The bear market undoubtedly teaches harsh lessons; do not over-extend in the markets; don’t play with leverage; always keep a cash position. However, if investors learn these lessons, it will drastically improve their investment career. Given time, investors begin to see the bear market for what it is, the perfect time to accumulate. This… Source link

This is an opinion editorial by Andrea Bianconi, a research assistant at the Idaho Freedom Foundation, which is a public policy think tank. An analysis of the fundamentals, recent geopolitical and macroeconomic events and their impact on Bitcoin’s future. Introduction In the last few months, financial markets have lost over 30% from their highs as the Federal Reserve Board took away the punchbowl from the intoxicated market players by hiking interest rates, and now recession (stagflation)… Source link

Jordan Belfort. Source: a video screenshot, Yahoo UK / YouTube   Jordan Belfort, the former stockbroker better known as ‘The Wolf of Wall Street,’ argued that investors who buy bitcoin (BTC) now will “almost certainly” profit. However, this is not the first time Belfort commented about bitcoin and its future – admitting that he has changed his mind about the coin – and his track record has so far been mixed. Belfort’s recent… Source link

After rising to $22,000 on 8 July, Bitcoin [BTC] bulls have another reason to rejoice. The crypto king broke the $20,000 mark against all odds on 14 July.  The intraday low of Bitcoin on 14 July went to $19,613. However, the buyers stepped in with demand and BTC eventually crossed the important psychological level of $20,000. At press time, Bitcoin was at an exact price of $20,873- a 5.55% rise in the last 24 hours. Bears in disbelief? Despite the recent uptick, the indicators on the price… Source link

There’s no rest for the weary during a bear market, and the Crypto Fear and Greed index shows that investor sentiment has been stuck in a state of “extreme fear” for a record 70 consecutive days. As the market looks for a catalyst to reverse the trend, there is little on the horizon besides the Ethereum (ETH) Merge that seems capable of sparking a rally. If that is indeed the case, the market could continue to trend down or sideways until the tentative Merge date of September 19. Data from

Bitcoin (BTC) may have avoided fresh losses since falling to $17,600 last month, but the sentiment is on the floor. Now, one classic crypto market mood gauge is showing just how long and hard the average investor has suffered. 70 days of “extreme fear” While crypto market sentiment was already “comparable to funeral” before the start of 2022, the subsequent price drawdown in Bitcoin and altcoins produced cold feet like never before. This has now been quantified by the Crypto Fear & Greed Index,… Source link

Litecoin Plus (LCP) gets a neutral rating from InvestorsObserver Friday. The crypto is up 73.05% to $0.003753080319 while the broader crypto market is up 6.16%. Litecoin Plus has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin Plus! Neutral Over the last five days, Litecoin Plus has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score… Source link

Members of the Ethereum community have set their sights on a new date for the blockchain’s long-awaited Merge. Come September 19, the network is expected to merge from its current state as a proof-of-work (PoW) blockchain to an energy-efficient proof-of-stake (PoS) network. “This merge timeline isn’t final, but it’s extremely exciting to see it coming together,” tweeted Beacon Chain community manager superphiz.eth. “Please regard this as a planning timeline and look out for official… Source link