market sentiment

XRP, the cryptocurrency associated with Ripple, has recently seen a significant price drop, falling below two important support levels. It is currently trading at $0.5224, below both the 50 EMA (Exponential Moving Average) and close to the 200 EMA. While this might raise concerns, a closer examinati ...

The cryptocurrency market is experiencing a phenomenon referred to as "paper BTC," which is essentially the combined open interest value of Bitcoin futures contracts. Analysts are examining how this "paper BTC" compares to the actual Bitcoin being traded and its impact on the market. Key points h ...

Bitcoin (BTC) experienced a significant surge during Asian trading hours, pushing its price back to nearly $26,000 after a recent decline that saw it hit three-month lows below $25,000. This uptick in price is attributed to a short squeeze, characterized by a rally driven by the unwinding of bearish ...

Bitcoin (BTC) has shown remarkable resilience in the face of what on-chain data is calling a "black swan" event. This event has drawn comparisons to the significant crash that occurred in March 2020 during the early days of the COVID-19 pandemic. On-chain analytics platform CryptoQuant recently h ...

CryptoQuant Research Head Weighs in On Possibility of Binance Bank Run, Citing On-chain Data CryptoQuant Head of Research Moreno has provided data addressing concerns of a bank run on Binance amid growing allegations surrounding the exchange. Am ...

A popular cryptocurrency analyst under the pseudonym DonAlt believes that the market is once again in a bearish trend and it is bitcoin sellers who are now playing a dominant role. In a new YouTube video, the analyst said that bitcoin's drop to $26 000 accurately indicates that "the bears are onc ...

While Democrats and Republicans in the U.S. are trying to agree on the debt ceiling, investors are waiting for rates to rise before the sell-off. The cryptocurrency did not show any serious dynamics last week. Bitcoin In the week ...

The Ethereum (ETH) has been losing ground against the dollar for the past four weeks, but compared to bitcoin it's holding up quite well Wave analysis and indicator readings on the daily chart suggest that ETH will continue to outperform BTC, reaching its highest levels since 2018. ...

The Ethereum (ETH) price has been falling since early April, when it temporarily deviated above an important long-term horizontal resistance While this may lead to further declines in ETH, both bullish and bearish wave analyses are still relevant. Thus, the direction of the long-term trend of ETH ...

The XRP token has fallen below the critical support line, jeopardizing the entire bullish narrative. Whether to expect further decline in cryptocurrency The price dynamics and Relative Strength Index (RSI) values on several timeframes confirm a further decline. Thus, a run-up of bearish dynami ...

The Axie Infinity (AXS) p2e token tested in the $9.50 area on April 18 April, but since the coin has fallen in price by nearly a third. Let's see if the recent announcements in the ecosystem can bring interest in the game and provoke the AXS rally to new heights The value of Axie Infinity (AXS ...

May 11 bitcoin made a bearish breakout. Although the decline was halted and BTC rebounded, it was never able to recover above the breakout level If bitcoin (BTC) fails to recover anytime soon, the price decline could continue. Has the correction begun? As the results of technical analysis o ...

It competes with gold and Treasury bonds But the traditional "hedge currencies," the yen and Swiss franc, have fallen far behind The risk of a technical default in the United States is gradually growing. If Republicans and Democrats do not agree on the debt limit ...

Litecoin (LTC) has been losing ground since February, but the price has just made a bullish breakout from a short-term bullish pattern If the daily close confirms this bullish breakout, we can expect LTC to rise towards the long-term resistance area. Litecoin finds ground after falli ...

Experts in the cryptocurrency market attribute the recent three-day decline in the price of Bitcoin to excessively positive market sentiment and the announcement of a potential interest rate hike by the US Federal Reserve. According to CoinGecko, Bitcoin's market price has continued to drop for t ...

Cryptocurrencies rose in value for over a month. But in mid-April, the course graphs turned red again. The reason for this was a combination of negative factors, noticeable through fundamental and technical analysis. Bi ...

The sentiment indicator known as Fear and Greed has surged to a new high of 69 in the Bitcoin market. Analysts use a combination of data sources such as cryptocurrency volatility and social media messaging to calculate the index, which is divided into five categories ranging from extreme fear to ...

According to a recent report by Paxos experts, despite the downfall of several prominent cryptocurrency firms, centralized platforms still remain a trusted source for users to store their funds. The study, conducted by Paxos analysts on January 5-6, aimed to gauge market sentiment after a challen ...