Analysis

Number Of Active Entities Remain In Bear Market Channel

Data shows the number of active Bitcoin entities has been steadily going up, but the growth pattern still remains in the bear market channel. Number...

Bitcoin Monthly Outflows Reach Historically High Value

On-chain data shows the Bitcoin monthly outflows have recently reached values only seen a few times before in the crypto’s entire history. Bitcoin Exchange Outflows...

Glassnode’s RHODL Ratio May Suggest Bitcoin Market Is Near Capitulation

Glassnode data shows the RHODL Ratio’s current trend suggests that the Bitcoin market could be near capitulation. Data Shows Bitcoin RHODL Ratio Has Observed Decline...

7% Rally Pushes Cardano (ADA) Closer To $1

Cardano (ADA) has not had the best start to the year 2022. The digital asset which had hit its all-time high above $3 in...

What Could Trigger A Sharp Increase

Ethereum is consolidating below $2,600 against the US Dollar. ETH price must clear $2,600 and $2,620 to start a major increase in the near...

Ethereum Could Avoid a Major Downtrend if it Closes Above One Key Level

Ethereum extended decline below the $2,500 support zone against the US Dollar. ETH price is recovering, but it must clear $2,680 to start a...

Bitcoin Breaks Above 50-Day SMA, Will BTC Ride It Out To $50,000?

Bitcoin has broken above $44,000 once again. After a couple of weeks of low momentum, bitcoin has been able to begin another recovery trend...

Cardano Daily Transaction Volume Up, But ADA Prices Remain Sluggish

Cardano is now positioning itself among the rapidly growing blockchain networks by 24-hour transaction volume, surpassing Ethereum and threatening to surpass Bitcoin. Along with...

Polygon Token Price Analysis – New All-Time High This Week For MATIC?

As of February 15, 2022, Polygon token MATIC has scaled its price to $1.79 with a 24-hour price change of +11.14%. MATIC posted a low...

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