Bitcoin’s price on August 12, 2024, stands at $ 59,777, with intraday 24-hour prices ranging between $ 57,814 and $ 61,054. The cryptocurrency’s market capitalization is $ 1.16 trillion, supported by a 24-hour trade volume of $ 29.81 billion. As bitcoin navigates this challenging environment, technical indicators reveal continued bearish …
Mutiny to Cease Operations Amid Technical Challenges in Bitcoin Lightning Wallet Development
Mutiny Wallet has announced that it will be shutting down its operations by the end of 2024 due to significant technical challenges in Bitcoin Lightning wallet development. The company is exploring alternative products and has decided to wind down the wallet as it becomes increasingly complex to maintain. Users will still have the option to […]
Ethereum Technical Analysis: ETH Faces Bearish Momentum With Potential for Short-Term Recovery
On August 5, 2024, ethereum’s price action has been dominated by strong bearish sentiment across multiple timeframes. While short-term consolidation suggests some indecision, the overall market indicators point towards continued downward pressure. With critical support levels approaching, traders should exercise caution as the market searches for stability. Ethereum Ethereum’s price is facing significant downward pressure […]
Bitcoin Technical Analysis: $50,000 Support Under Siege as Bearish Trends PersistÂ
Bitcoin’s price reached a five-month low, dipping to $ 49,647 at 2:25 a.m. EDT on Monday, Aug. 5. This decline is fueled by growing concerns about an impending recession, with Japan’s Nikkei experiencing its steepest daily drop since ‘Black Monday’ in 1987. Futures for the Dow, Nasdaq, and S&P 500 have also shown signs …
Ethereum Technical Analysis: ETH Shows Signs of Recovery as Bulls Eye $3,400 Breakout
Ethereum is currently priced at $ 3,374, with intraday fluctuations ranging from $ 3,253 to $ 3,395. Boasting a market capitalization of $ 407 billion and a 24-hour trade volume of $ 11.49 billion, ETH demonstrates significant market activity. Ethereum The hourly chart for ethereum (ETH) depicts a sharp decline …
Ethereum Technical Analysis: ETH Eyes Bullish Rebound Amidst Consolidation
Ethereum’s price on July 22, 2024, stands at $ 3,497, showing a dynamic interplay of market forces. The cryptocurrency’s recent movements exhibit consolidation with a potential bullish resurgence. Ethereum The 1-hour ETH/USD chart reveals critical support at $ 3,411 and resistance at $ 3,565. Ethereum’s price has been oscillating within these boundaries, …
Bitcoin Technical Analysis: BTC Balances Short-Term Corrections and Long-Term Bullish Momentum
Ethereum Technical Analysis: ETH’s Bullish Momentum Continues Amid Uptrend
As of July 15, 2024, ethereum (ETH) maintains its bullish trajectory, showing promising signs across various technical indicators. With its current price at $ 3,341 and a market capitalization of $ 401 billion, ether has demonstrated strong performance over recent trading sessions. Ethereum The 1-hour chart illustrates ethereum’s short-term uptrend, moving from a …
Bitcoin Technical Analysis: BTC Pushes Through Resistance, Bullish Momentum Builds
Bitcoin Technical Analysis: Bulls Held Back by Selling Pressure and Key Resistance
Bitcoin’s price on July 12, 2024, exhibits a clear bearish trend across multiple timeframes. The leading cryptocurrency’s current price stands at $ 57,237, with a notable intraday range from $ 56,608 to $ 59,516. Bitcoin On the 1-hour chart, bitcoin shows a decline from a high of $ 59,516, forming lower …
Ethereum Technical Analysis: ETH Clings to $3,000 Threshold Post-Rebound
Ethereum (ETH) has experienced notable price movements recently, currently trading at $ 3,037. The intraday range has fluctuated between $ 2,803 and $ 3,096, with a market capitalization standing at $ 364 billion. Ethereum The 1-hour ETH/USD chart reveals a recent uptrend beginning at $ 2,803, marked by a significant …
Bitcoin Technical Analysis: First Drawdown of Over 25% in 14 Months
Bitcoin Technical Analysis: BTC Slips Below $60K Closing CME Gap
Bitcoin Technical Analysis: BTC Bulls Test Upper Resistance
Bitcoin’s price on July 1, 2024, stands at $ 62,769, with a 24-hour intraday price range of $ 61,261 to $ 63,694. The cryptocurrency’s market capitalization is $ 1.23 trillion, and the 24-hour trade volume is $ 21.98 billion. Bitcoin Bitcoin’s hourly chart presents a strong upward trend starting from …