Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Cryptocurrency market in bloodbath as OKEx halts operations
A bearish wave swept through the cryptocurrency market like a tsunami on Friday, leaving most cryptoassets in the red. Bitcoin, as reported, plummeted to $11,200 after losing $300 in a matter of minutes. The unexpected selloff is reflected by the drop in the total market capitalization from $364 billion on Thursday to the current $356 billion. On the other hand, the 24-hour trading volume surged from $78 billion to $85 billion. Read more ...
Uniswap Price Analysis: UNI jumps 18% after OKEx suspends withdrawals
The incredible price action following the communication from OKEx hit a barrier formed by a confluence of the 100 Simple Moving Average (SMA) and 200 SMA. However, a bullish divergence of the Relative Strength Index (RSI) shows that buyers still have the upper hand. If bulls can flip the confluence into support, UNI may resume the uptrend to $3.8. Unfortunately, buying pressure is diminishing. Read More ...
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Ethereum Price Prediction: Rejections at key resistance forces ETH to consolidate – Confluence Detector
Between September 2 and September 5, Ethereum dropped from $475.85 to $335. Since then, the smart contract giant went through a consolidation period before finding support at the 100-day SMA and bouncing up from $342 to $389 between October 7 and October 12. Since then, the buyers seemed to have lost steam near the $385 resistance line and has entered another consolidation period. Read more ...
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Is Altcoin Season here as Bitcoin reaches a new all-time high?
Bitcoin reaches a new all-time high of $98,384 on Thursday, with altcoins following the suit. Reports highlight that the recent surge in altcoins was fueled by the victory of crypto-friendly candidate Donal Trump in the US presidential election.
Shanghai court confirms legal recognition of crypto ownership
A Shanghai court has confirmed that owning digital assets, including Bitcoin, is legal under Chinese law. Judge Sun Jie of the Shanghai Songjiang People’s Court shared this opinion through the WeChat account of the Shanghai High People’s Court.
BTC hits an all-time high above $97,850, inches away from the $100K mark
Bitcoin hit a new all-time high of $97,852 on Thursday, and the technical outlook suggests a possible continuation of the rally to $100,000. BTC futures have surged past the $100,000 price mark on Deribit, and Lookonchain data shows whales are accumulating.
Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange
Shiba Inu trades slightly higher, around $0.000024, on Thursday after declining more than 5% the previous week. SHIB’s on-chain metrics project a bullish outlook as holders accumulate recent dips, and dormant wallets are on the move, all pointing to a recovery in the cards.
Bitcoin: New high of $100K or correction to $78K?
Bitcoin surged to a new all-time high of $93,265 in the first half of the week, followed by a slight decline in the latter half. Reports highlight that Bitcoin’s current level is still not overvalued and could target levels above $100,000 in the coming weeks.
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