Tag Archives: Crypto Market Recovery

Ethereum Tops $2,100 As BitMine Ramps Up ETH Bet With $137M Purchase

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Bitmine has increased its bet on Ethereum (ETH) with a $137 million purchase, as the King of Altcoins reclaims the crucial $2,150 level, and some market observers call for the end of the crypto market correction. Bitmine Adds 65,000 ETH Amid End Of Crypto Winter Calls On Monday, the largest Ethereum treasury in the world,… Continue reading Ethereum Tops $2,100 As BitMine Ramps Up ETH Bet With $137M Purchase→

The End Of Ethereum’s Downtrend? Key Indicator Flashes First Bullish Signal Since September

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As the crypto market bounces, a key indicator has flashed a key bullish signal on the Ethereum (ETH) daily chart, suggesting the end of its six-month downtrend could be near. However, some analysts have warned investors of a possible bull trap and a subsequent reversal to new lows. Ethereum Eyes Trend Reversal Ethereum kicked off… Continue reading The End Of Ethereum’s Downtrend? Key Indicator Flashes First Bullish Signal Since September→

Bitcoin ‘Sandwiched’ Between Two Key Zones As Price Tops $71,000 – Major Move Ahead?

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Bitcoin (BTC) is retesting resistance levels as its price recovers the $71,000 mark. However, an analyst has warned that the bear market is expected to continue and that the latest bounce could be short-lived. Bitcoin Eyes Reclaim Of Former All-Time High Resistance On Tuesday, Bitcoin surged 7.5% from the Sunday lows toward the $71,000 area,… Continue reading Bitcoin ‘Sandwiched’ Between Two Key Zones As Price Tops $71,000 – Major Move Ahead?→

Dogecoin Risks More Pain As Price Retests Critical Support – Analyst Warns Of 37% Breakdown

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While some market observers remain optimistic about Dogecoin (DOGE)’s long-term prospects, an analyst has identified a bearish continuation pattern in the short-term chart that could lead to another major correction for the memecoin. Dogecoin Bottom May Be Lower On Monday, Dogecoin bounced 3% from Sunday’s lows and reclaimed the $0.091 level, which had been lost… Continue reading Dogecoin Risks More Pain As Price Retests Critical Support – Analyst Warns Of 37% Breakdown→

Ethereum ETFs Record Best Single-Day Performance Since January With $169M Inflows

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As the crypto market bounces from the latest shakeout, Ethereum (ETH) and investment products based on the King of Altcoins recorded a remarkable single-day performance, potentially setting the stage for further recovery. Ethereum ETFs Recover Amid Market Bounce Ethereum-based spot Exchange-Traded Funds (ETFs) recovered from Tuesday’s weak performance and recorded their best single-day in nearly… Continue reading Ethereum ETFs Record Best Single-Day Performance Since January With $169M Inflows→

Ethereum’s Fate Hangs On This Multi-Year Support – Recovery Or Deeper Pullback Next?

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As the end of the month approaches, Ethereum (ETH) is attempting to end February above the crucial $2,000 barrier. Some analysts have suggested that the upcoming monthly close could determine the fate of the King of Altcoin’s price trajectory. Ethereum Trajectory Could Be Defined This Weekend On Thursday, Ethereum briefly fell from its recent highs… Continue reading Ethereum’s Fate Hangs On This Multi-Year Support – Recovery Or Deeper Pullback Next?→

XRP Rally Incoming? Analyst Forecasts March-April Recovery If This Level Breaks

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During the Wednesday market recovery, XRP surged 7.9% to hit a one-week high of $1.47. The cryptocurrency has been hovering between $1.35-$1.50 over the past three weeks but has failed to break above the local range’s upper boundary. As the price nears this resistance once again, an analyst has suggested that a short-term rally toward… Continue reading XRP Rally Incoming? Analyst Forecasts March-April Recovery If This Level Breaks→

Solana Reclaims $80 Amid Friday Market Bounce – Analysts Set Next Targets

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As the crypto market recovers, Solana (SOL) has bounced from a major level trendline and momentarily reclaimed a key horizontal level. Some analysts have signaled that a retest of a crucial short-term resistance could be coming, while others have warned that a breakdown to new lows remains possible. Solana Bounces From Two-Year Trendline On Friday,… Continue reading Solana Reclaims $80 Amid Friday Market Bounce – Analysts Set Next Targets→

Ethereum $1,900 Retest Could Decide Next Major Move – Is ETH Preparing For New Lows?

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As most of the crypto market retests crucial levels, Ethereum (ETH) is attempting to reclaim a major horizontal area. Some market observers have warned that cryptocurrency could fall to new lows if the price doesn’t bounce soon. Ethereum Weekly Close On Sight On Thursday, Ethereum dropped 1.4% to retest a key area for the second… Continue reading Ethereum $1,900 Retest Could Decide Next Major Move – Is ETH Preparing For New Lows?→

Bitcoin Could See New Drop To $60,000 Despite Bounce – Here’s The Level To Defend

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As the crypto market recovers from last week’s correction, Bitcoin (BTC) is attempting to reclaim a crucial price zone. Despite the bounce, some analysts have warned that the bottom may not be in yet, suggesting the flagship crypto could soon retest its recent lows. Bitcoin Bottom Below $60,000, Says Analyst On Monday, Bitcoin continued its… Continue reading Bitcoin Could See New Drop To $60,000 Despite Bounce – Here’s The Level To Defend→