Author: NBTC
Bitcoin shows hidden bullish divergence, hinting at a potential rally. Analyst Javon Marks highlights key support and resistance levels to watch. Confirmation of the divergence is crucial for validating the bullish signal. Bitcoin (BTC) may be on the verge of another bullish move, according to crypto analyst Javon Marks. He points out a hidden bullish divergence forming on BTC’s 3-hour (3H) chart. #BTC (Bitcoin)’s 3h Chart confirms a Hidden Bullish Divergence that can be pointing towards another bullish move in the near term! pic.twitter.com/sSEBKtlXoS — JAVON⚡️MARKS (@JavonTM1) September 17, 2024 This technical pattern often signals a potential price increase in…
Ethereum, in the last 24 hours surpassed $2.5K for the first time since October 1. The altcoin’s daily trading volume surged 35.69% as per CMC data. Another week begins with investors still holding strong to their optimism. The community awaits the anticipated bull runs, while the price charts depict modest gains. In the last 24 hours, the overall crypto market has shown increases in both its market cap and trading volume. Notably, leading altcoin Ethereum has transcended its resistance at the $2.5K level in a remarkable move. Meanwhile, the largest cryptocurrency, Bitcoin, has shown gains, attempting to hit $64,000. This…
In a surprising move, a major investor has made waves in the cryptocurrency market by purchasing a staggering 6 million $MOODENG tokens. These major investors are called whales in the world of cryptocurrency. As per Lookonchain data, this particular whale made this mammoth purchase just a few hours ago with 10,156 $SOL which translates to $1.59 million. Crazy buying of #MOODENG!A whale spent 10,156 $SOL($1.59M) to buy 6M $MOODENG at an average price of $0.2655 in the past 8 hours.https://t.co/e6IHotznDt pic.twitter.com/WEwQ7MefZ9 — Lookonchain (@lookonchain) September 28, 2024 $0.2655 Average Price Sparks Interest in $MOODENG Tokens The average price for these…
Founded in 2014, NiceHash is one of the most recognized names in the cryptocurrency industry. As a bitcoin-focused platform, NiceHash provides a complete ecosystem of mining, hashrate, and payment solutions, aiming to accelerate Bitcoin adoption worldwide. The company serves over 1 million miners across 190+ countries and boasts a community of over 500,000 users.—In an exciting development, NiceHash has launched the world’s first firmware tailored specifically for Antminer Kaspa ASICs. These specialized machines are designed for mining cryptocurrency and are finely tuned for optimal performance on the Kaspa blockchain. Unlike regular computers, Antminer Kaspa ASICs are highly efficient tools that…
Whales are actively capitalizing on Bitcoin’s price decline by making significant purchases of the dip. First Digital Lab transferred nearly $80 million FDUSD to Binance, potentially to buy Bitcoin. Bitcoin could fall by another 5% to the $54,000 level if it closes its daily candle below the $57,000 level. Despite bearish market sentiment for Bitcoin (BTC), the world’s biggest cryptocurrency by market cap, it seems that this trend may not last for long. On September 17, 2024, the crypto analytic firm CryptoQuant shared a post on X (previously Twitter) indicating that new whales and Binance traders are actively capitalizing on…
Ethereum is in a crucial phase, with an inverted head and shoulders pattern forming on the daily chart and a double-bottom pattern on the 4-hour chart, both pointing toward the possibility of a slight bullish reversal. The $2.7K neckline and $2.1K support level will be key areas to watch, as a breakout or breakdown will determine the next primary direction. By Shayan The Daily Chart Ethereum is undergoing a descending consolidation phase, with no clear directional bias emerging recently. However, an important inverted head and shoulders pattern has formed near the $2.1K support zone, a critical level where buyers have…
Enjin has been around for almost a decade, and by now, the Enjin gaming universe is full of innovative titles that seamlessly blend blockchain technology with engaging and rewarding gameplay. You’ll find immersive worlds in games like The Six Dragons and Dvision Network, alongside competitive experiences in War of Ants and Pandemic Multiverse. With Lost Relics and AlterVerse standing out for their expansive gameplay and NFT integration, the Enjin games of 2024 offer unique experiences for both casual and experienced gamers. But of so many titles, which ones are the best, what really sets them apart, and which ones should…
Este artículo también está disponible en español. Bitcoin price started another decline from the $60,650 resistance. BTC is now at risk of more downsides below the $57,500 support zone. Bitcoin is correcting gains and gaining bearish pace below the $59,000 level. The price is trading below $58,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $58,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could climb again if it stays above the $57,500 support zone. Bitcoin Price Turns Red Bitcoin price struggled to clear…
As of Oct. 14, 2024, ethereum’s price is $2,541, with a total market cap reaching $305 billion. In the last 24 hours, ETH has swung between $2,436 and $2,555, supported by a trading volume of $14.31 billion. Despite this activity, technical indicators hint at continued bearish momentum, with key support levels under pressure. Ethereum On the 1-hour chart, ethereum continues to show weakness, trading below both its 50- and 200-hour moving averages, signaling a short-term bearish trend. Oscillators like the relative strength index (RSI) sit around 45, indicating neutral to slightly bearish momentum. The moving average convergence divergence (MACD) remains…
A crypto strategist who continues to build a following with timely Bitcoin calls is unveiling two roads that BTC could take en route to new all-time highs. Pseudonymous analyst Credible Crypto tells his 419,300 followers on the social media platform X that he thinks Bitcoin’s market structure is being set up to annihilate BTC bears. According to the trader, BTC bears are piling up liquidity by building large short positions as Bitcoin continues to print lower highs. Credible believes that the lower highs are a guise to make BTC bears complacent before their positions become rocket fuel for short squeezes.…