Cardano price did what was expected, after the pressure built up on $0.46 to break
Cardano price sees investors focusing on retail numbers out of the US today, as markets try to get their heads around a myriad of moving elements – from the EU measures to tackle the energy crisis, to Japan where the central bank is near to intervening in forex markets. The risk for Cardano price is that a rejection from the monthly pivot could trigger a further drop lower.
Crypto.com Price Prediction: CRO hints at a 16% move
Crypto.com price planted its flag on a higher high as it rallied between September 7 and 10 – despite the broader downtrend. This blip can be attributed to an explosion in Bitcoin price, the aftereffects of which were felt by the broader crypto market, including Crypto.com. The pullback after this peak now seems to be stabilizing, suggesting a bottom may be in for CRO bulls to take the reins and trigger a small rally.
Ethereum Merge begins, the good, bad and ugly of crypto’s $22 billion bet
Ethereum Merge will have a massive impact on the crypto ecosystem. Despite its short history, crypto has several key updates lined up, the Merge and the ETHW hard fork. The successful completion of the Merge could alter the future of the DeFi ecosystem and several dApps that rely on the Ethereum blockchain for conducting business.
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Bitcoin reaches new highs near $90,000, on-chain data show chances of pullback
Bitcoin hit a new all-time high of $89,900 on Tuesday before easing to around $86,000, following a 30% surge since November 5. Technical indicators suggest the rally may be overstretched, with a potential corrective pullback ahead.
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On Monday, a Gigachad (GIGA) investor lost $6.09 million due to a phishing attack involving a fake Zoom link. Crypto investigation firm Scam Sniffer declared the scam that led the victim to a malicious site, compromising their wallet.
Tron, Avalanche and Uniswap: Double-digit gains on the cards, technical indicators show
Tron is breaking above an ascending triangle formation on Tuesday, signaling a potential rally continuation. While AVAX and UNI are retesting their crucial support level — if supported, this suggests an upside move — all three altcoins look poised for double-digit gains as the crypto rally continues.
BNB: Bullish technical pattern validated, eyes all-time high
Binance Coin trades slightly down on Tuesday after breaking above an ascending triangle formation on the weekly chart, following a 12.5% rally last week. The technical outlook suggests a bullish breakout pattern and continuation of the rally, with a target set for a new all-time high of $825.
Bitcoin: Further upside likely after hitting new all-time high
Bitcoin hit a fresh high of $76,849 on Thursday as crypto-friendly candidate Donald Trump won the US presidential election. Institutional demand returned with the highest single-day inflow on Thursday since the ETFs’ launch in January.
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