Text size Bitcoin may have just rallied, but crypto prices have all but collapsed in recent months. Dreamstime … Source link

BTC was trading higher on hump day, as bullish momentum picked up as the week progressed. Prices once again tested a key resistance level above $20,000, with ETH also hovering around a ceiling of its own during Wednesday’s session. Bitcoin Bitcoin was trading in the green for most of Wednesday’s session, as bullish pressure continued to intensify. Following a low of $19,341.23 on Tuesday, BTC/USD was up by over $1,000 from this point earlier today. Prices rose to a peak of… Source link

Monero Classic receives a weak long-term technical score of 1 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. XMC currently holds a superior long-term technical… Source link

Monero (XMR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Digital Money has increased 2.48% to $124.54. InvestorsObserver is giving Monero a 38 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero! Moderately Volatile InvestorsObserver gives Monero a moderate volatility rank of 38, placing it in the bottom 38% of cryptos on… Source link

Under proof-of-work, Ethereum has two major stakeholders on the transaction side: users and miners. There are, of course, several other key groups such as core developers, exchanges and wallets, but without users and miners, there would be no network. Source link

Under proof-of-work, Ethereum has two major stakeholders on the transaction side: users and miners. There are, of course, several other key groups such as core developers, exchanges and wallets, but without users and miners, there would be no network. Source link

Text size Bitcoin may have just rallied, but crypto prices have all but collapsed in recent months. Dreamstime … Source link

A popular analyst is predicting if and when three cryptos can break out of the lingering market downtrend to achieve a short-term rally. Pseudonymous crypto trader Altcoin Sherpa tells his 180,000 Twitter followers he’s not encouraged by altcoins on their one-hour to daily high time frame [HTF] charts but thinks there could be temporary upside potential for certain projects. Sherpa thinks both Cosmos (ATOM) and layer-1 scaling solution NEAR Protocol (NEAR) can do well. “The… Source link

Bitcoin (BTC) approached the July 6 Wall Street open near $20,000 as a fresh battle between support and resistance loomed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Whale levels close by Data from Cointelegraph Markets Pro and TradingView showed BTC/USD wedged in a tight trading range with liquidity creeping closer to spot on the day. After recovering 6% losses from the day before, order book data confirmed that support and resistance was now almost… Source link

Ethereum (ETH) climbed about 10 percent in the past 24 hours to $1,155, after coming close to falling back under $1,000. The world’s second-biggest cryptocurrency has experienced a robust comeback in a short span of time, with buying activity over the U.S. market holiday bolstering prices. But, can ETH sustain this rally? Or, will it be for the time being. This year, concerns about a U.S. economic slump and a slew of crypto bankruptcy have harmed the altcoin. In the previous 24 hours,… Source link