Bitcoin dips as whales exit: Is $53K the next stop? – AMBCrypto News
The indicators reveal that Bitcoin is overvalued. If the price decline continues, BTC could fall to $53,000 again. Bitcoin [BTC] Bulls managed to push the coin’s price to a promising high last week. However, the trend has changed in the past few hours, with the daily chart of the king coin turning red again. Notably, […]
Bitcoin falls below $60k again! Another bearish week ahead? – AMBCrypto News
BTC has surged 9.92% over the past seven days, but is back down at the time of writing. Despite the surge, BTC remains in a bear market, especially due to declining trading volumes. Bitcoin last week [BTC] It briefly recovered to the $60,000 level. Bitcoin hit a local low a week ago and attempts to […]
XRP price prediction: What lies ahead at the $0.60 supply zone? – AMBCrypto News
XRP’s rally has brought it closer to the Q3 supply zone. Will whales again step up profit taking in this zone? Ripple [XRP] It recorded an 11% increase last week, driven in part by Grayscale adding XRP Trust to its line of cryptocurrency products. However, the altcoin was on the verge of reaching the Q3 […]
Bitcoin at $58K: A price surge or drop, what’s next for BTC? – AMBCrypto News
Bitcoin is facing resistance near the $58,000 mark, with analysts suggesting a big price move could be imminent. The increase in whale trading and the convergence of Coinbase Premium indicate market tensions and hint at possible future volatility. Bitcoin [BTC] The recent few days have seen fluctuating momentum with a mix of bullish and bearish […]
Bitcoin: Top reasons why BTC’s ‘bull cycle’ is far from over – AMBCrypto News
Bitcoin price movements have shown low order book depth. Market indicators show an upward trend. Recently, Bitcoin [BTC] Like other cryptocurrencies, it experienced a significant drop after the market crash on August 5th. Bitcoin briefly recovered and rose to $60,000, but faced strong resistance and quickly fell back to $54,000. On the hourly chart, BTC […]
Cardano nears critical $0.3172 support: Will ADA bulls step in? – AMBCrypto News
Contributor Posted on: September 7, 2024 Cardano was trading close to the critical support level of $0.3172. Indicators point to growing market interest. Cardano [ADA] Prices have fallen 1.47% in the past 24 hours and an even bigger drop of 11.04% in the past week. At the time of publication, the company's market capitalization was […]
Can Telegram CEO’s arrest spur interest in Monero again? – AMBCrypto News
Monero's emphasis on privacy is a double-edged sword, but it is also its greatest strength and a deterrent to price increases. Despite being recently delisted from major exchanges, XMR has proven resilient in the spot market. Prices for most cryptocurrencies fell late Tuesday, with Bitcoin (BTC) dropping below $59,000, while Ethereum (ETH) saw a more […]
XRP might soon rally towards $3 if these conditions are met – AMBCrypto News
A breakout above this pattern could see XRP approach $3. Buying pressure for the token increased, but market sentiment turned bearish. After a week of price increases, Ripple Bears have stepped up their offensive by pushing the token down over the past 24 hours, but this may just be the beginning of a new bull […]
As Chainlink breaks $10.6, could $16.8 be next? Analysts weigh in! – AMBCrypto News
Chainlink breaks out with strong momentum. Historical correlation and the onset of altcoin season fuel the LINK bull market. Chain link [LINK] Recently, it broke through the key resistance level at $10.6 on the 4-hours, resulting in an impressive return on investment of 18.58%. The breakout was marked by strong momentum and is not expected […]
Ethereum ETFs show mixed results: ‘Should we be worried?’ – AMBCrypto News
ETHA surpassed $1 billion in inflows, leading the way among Ethereum ETFs despite mixed market sentiment. While ETHE has faced continued outflows, Bitcoin ETFs such as IBIT have significantly outperformed Ethereum investments. Following the debut of Ethereum [ETH] The ETF market has experienced significant volatility. BlackRock’s iShares Ethereum Trust (ETHA) has quickly established itself as […]