Category: Analysis

Bitcoin, Ethereum Technical Analysis: BTC Moves Briefly Back Above $25,000

March 16, 2023 Caden

Bitcoin briefly moved back above $25,000 on Thursday, as markets rebounded from a volatile session the day prior. The potential collapse of Credit Suisse was somewhat averted, following an intervention from the Swiss National Bank, which has helped calm markets. Ethereum mostly consolidated in today’s session. Bitcoin Bitcoin (BTC ) rose back above the $25,000…

Analysis, Bitcoin, BTC, ETH, Ethereum, Market Updates

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000, as Powell Warns of Higher Rates

March 8, 2023 Caden

Bitcoin moved below the $22,000 level on March 8, as markets continued to react to U.S. Fed Chair Jerome Powell’s testimony. Speaking in front of the Senate Banking Committee, Powell said he expected rates to be higher than initially anticipated. Ethereum has also slipped on the news. Bitcoin Bitcoin (BTC ) dropped below $22,000 on…

Analysis, Bitcoin, BTC, ETH, Ethereum, Market Updates

Biggest Movers: MATIC Nears 3-Month High, as LINK Extends Recent Gains

January 27, 2023January 27, 2023 Caden

Polygon rose to its highest level since early November on Friday, as markets reacted to the latest U.S. consumer sentiment data. Sentiment rose to 64.9 in January, up from a reading of 59.7 in December. Chainlink also surged in today’s session, hitting its strongest point in nearly two months. Polygon (MATIC) Polygon (MATIC) was a…

Analysis, Chainlink, LiNK, Market Updates, matic, Polygon

Biggest Movers: SOL up 20%, ADA Hits Highest Point Since November

January 21, 2023January 27, 2023 Caden

Solana rose by as much as 20% Saturday, as crypto markets came alive to start the weekend. The token hit a 12-week high in today’s session, breaking out of a key price ceiling in the process. Cardano also rose to its strongest point since November, with the global cryptocurrency market cap up 6.86% as of…

ada, Analysis, Cardano, Market Updates, SOL, Solana

Biggest Movers: AVAX 22% Higher, as DOT Nears 1-Month High

January 12, 2023January 27, 2023 Caden

Avalanche was one of Thursday’s big gainers, as the token rose by as much as 22% in today’s session. The move came as inflation in the United States fell to 6.5% as markets were expecting. Polkadot was another notable mover, with prices climbing close to a four-week high. Avalanche (AVAX) Avalanche (AVAX) rose by as…

Analysis, Avalanche, AVAX, DOT, Market Updates, Polkadot

Bitcoin, Ethereum Technical Analysis: BTC Above $18,000, ETH Hits 2-Month High

January 12, 2023January 27, 2023 Caden

Bitcoin rose to a four-week high on Thursday, as price surged above $18,000 hours before the upcoming U.S. inflation report. This comes as many expect today’s figures to show a considerable drop in consumer prices. Ethereum also moved higher, climbing above $1,400 in the process. Bitcoin Bitcoin (BTC ) surged above $18,000 on Thursday, as…

Analysis, Bitcoin, BTC, ETH, Ethereum, Market Updates

Biggest Movers: ETC Surges 14% to Hit 6-Week High on Saturday

January 7, 2023January 27, 2023 Caden

Ethereum classic was one of the biggest movers to start the weekend, as prices surged to a six-week high. The move saw the token climb by as much as 12%, breaking out of a key resistance level in the process. Polygon also moved higher, as it raced towards a recent price ceiling. Ethereum Classic (ETC…

Analysis, ETC, Ethereum Classic, Market Updates, matic, Polygon

Bitcoin, Ethereum Technical Analysis: BTC, ETH Surge to Start the Weekend, Following Friday’s Payrolls

January 7, 2023January 27, 2023 Caden

Bitcoin moved closer to the $17,000 level to start the weekend, as traders continued to react to the latest U.S. nonfarm payrolls data. December’s payrolls came in at 223,000, which was better than the 200,000 markets had expected. Ethereum was also higher on Saturday, with prices nearing a three-week high. Bitcoin Bitcoin (BTC ) moved…

Analysis, Bitcoin, BTC, ETH, Ethereum, Market Updates

Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,300 to Start the Weekend

October 22, 2022January 27, 2023 Caden

Ethereum was once again trading above $1,300, as cryptocurrency prices rose to start the weekend. Markets were back in the green on Saturday following a volatile week, which came as the U.S. dollar continued to strengthen. Bitcoin also surged higher, moving back above $19,000. Bitcoin Bitcoin (BTC ) rose back above $19,000 on Saturday, as…

Analysis, Bitcoin, BTC, ETH, Ethereum, Market Updates

Biggest Movers: UNI Moves Into Top 20, as SHIB Hits Highest Point Since May

June 21, 2022January 27, 2023 Caden

Uniswap moved into the crypto top 20 on Wednesday, relegating MATIC, after surging by over 10% today. UNI has now gained for four straight sessions, as it approaches a key resistance point. SHIB was once again higher today, with prices hitting their highest point since May. Uniswap (UNI) UNI was trading higher for a fourth…

Analysis, Market Updates, shib, shiba inu, UNI, uniswap