Tag: bullish

Bitcoin on-chain metrics are now bullish: Bitfinex

Bitfinex market report points to bullish metrics for BTC Supply in Profit, Bitcoin Realised HODL (RHODL) Multiple and Reserve Risk ratio are all flashing green. Bitcoin has traded to above $23k again after slipping on Monday following broader market reaction to economic news. Bitcoin is trading around $23,360 at the time of writing, about 2.4% […]

Polygon (MATIC/USD) jumps 3% on Mastercard partnership. Is it now bullish?

Polygon’s MATIC rose more than 3% after its partnership with Mastercard for Web3 The network had a range of Web3 partnerships in 2022 MATIC still lacks sufficient upside and is vulnerable at $0.77 Polygon (MATIC/USD), a Layer-2 scaling solution on Ethereum, is showing little signs of stopping in 2023. After the busy year 2022, the […]

Ethereum ETH recovering above $1,250. Is this a bullish trigger?

Ethereum hovered around the $1,250 resistance on Wednesday Ethereum network surpassed Bitcoin in transaction volumes in 2022 Wait for a bullish confirmation before buying ETH Ethereum (ETH/USD) is trading at its crucial resistance zone of $1,250 after recovering 3% on Wednesday. This level has proved difficult to crack since plunging below it in mid-Dec. The […]

Solana interest grows as price eyes a bullish push after weekly 40% gains

Solana token has gained by almost 40% in a week as network activity surge The weekly gains have been inspired by the Bonk token airdrop SOL faces resistance at $14 Solana (SOL/USD) is making a strong return after a difficult spell in 2022. Frequent hacks, FTX collapse, and a prolonged crypto winter are some of […]

Bitcoin is edging closer to $17k as bullish sentiment grows stronger

The crypto market is trading in the green zone for the second-consecutive day this week. Bitcoin is closing in on the $17k resistance level and could cross it a few hours from now. The total crypto market cap is now close to $815 billion. Bitcoin closes in on the $17k level Bitcoin, the world’s leading […]

Bitcoin struggles but Okcoin CEO thinks 3 catalysts will make it bullish

Bitcoin has steadied above $16,000 Okcoin CEO expects Bitcoin’s bear market to be driven by key developments The cryptocurrency could come under pressure after falling below moving averages No Santa Claus rally for Bitcoin (BTC/USD) lovers? This is the clearest sign as the BTC price crashed below the moving averages. Despite bulls successfully defending $16,000, Bitcoin […]

Is PancakeSwap (CAKE/USD) bullish market over?

PancakeSwap was bullish up to November, doubling in price PancakeSwap token has been weighed by the risk contingencies of the FTX sage The cryptocurrency remains on a downtrend and risks a lower low It seems that PancakeSwap (CAKE/USD) will have to end 2022 on a low note. CAKE was among a handful of cryptocurrencies that looked […]