Tag Archives: crypto market

Bitcoin Rally Pauses Before $100K—Here’s What Could Happen Next

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Bitcoin recently came close to breaking the $100,000 price mark last week, reaching a high of $99,645 before encountering resistance. According to CryptoQuant analyst Percival, the psychological barrier of round numbers like $100,000 often serves as a point where traders exit positions for “relative safety.” Since climbing from $73,000 to $99,800, Percival highlighted that Bitcoin… Continue reading Bitcoin Rally Pauses Before $100K—Here’s What Could Happen Next→

Polygon: Analyst Sets ‘Wild’ Price Target Amid POL’s 38.2% Weekly Surge

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Polygon (POL) hit its four-month high today following its 11% daily surge. The cryptocurrency surpassed the $0.60 mark before retracing, sparking a bullish sentiment among investors and market watchers. As a result, a renowned crypto analyst predicted a massive 2,500% rally for POL in the coming months. Polygon On-Chain Metrics Turn Bullish Polygon has seen… Continue reading Polygon: Analyst Sets ‘Wild’ Price Target Amid POL’s 38.2% Weekly Surge→

Over $500 Million Wiped Out From The Market As Bitcoin Price Fluctuates Heavily

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Traders have had a torrid start to the week, as over $500 million has been liquidated from the crypto market in the last 24 hours. This has been due to the Bitcoin price, which has continued to fluctuate heavily in recent times.  $500 Million Liquidated As Bitcoin Price Fluctuates Coinglass data shows that over $500… Continue reading Over $500 Million Wiped Out From The Market As Bitcoin Price Fluctuates Heavily→

Cardano Hits 2-Year High Of $0.97, Analyst Bullish On $1 Target For The Weekend

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Cardano (ADA) has had one of the best performances over the last three weeks, surging over 200% toward a 2.5-year high. Today, the cryptocurrency rose over 20% to break above the $0.90 mark, fueling a bullish sentiment for the long-awaited $1 target. Cardano Makes New Year-High Above $0.90 On Friday, Cardano broke past the $0.81… Continue reading Cardano Hits 2-Year High Of $0.97, Analyst Bullish On $1 Target For The Weekend→

Deribit Moves $783M in Ethereum To Cold Storage: A Bullish Signal for ETH?

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While Ethereum seems to have begun its own major rally, the asset has recently experienced significant activity on the Deribit Options Exchange which begs the question of what it means for ETH’s price. A CryptoQuant analyst known as Amr Taha substantial outflows from the exchange to cold wallets, highlighting potential implications for market sentiment and… Continue reading Deribit Moves $783M in Ethereum To Cold Storage: A Bullish Signal for ETH?→

Bitcoin’s MVRV Metric Signals Market Heating Up—Here’s What Investors Should Know

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The ongoing Bitcoin bull market has sparked renewed interest in on-chain metrics to fully understand the bullish trend behind the scenes. Earlier today, Avocado Onchain, a CryptoQuant analyst, shared his perspective on Bitcoin’s market performance, focusing on the widely-used Market Value to Realized Value (MVRV) ratio. This indicator is often used to assess Bitcoin’s valuation… Continue reading Bitcoin’s MVRV Metric Signals Market Heating Up—Here’s What Investors Should Know→

Bitcoin Hits S2F Threshold: Should You Hold Tight Or Take Profits?

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Bitcoin has so far continued to level up in terms of price performance, hitting new highs consistently for the past week. As a result of this, investors seem to be curious about whether it’s time to secure profits or stay bullish for the next leg of the cycle. A recent current phase of Bitcoin’s cycle.… Continue reading Bitcoin Hits S2F Threshold: Should You Hold Tight Or Take Profits?→

Ethereum Attempts Key Breakout: Analysts Set Next Target As ETH Reclaims $3,200

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Ethereum (ETH) price is finally moving after a week of sideways movement. In the last hour, the second-largest crypto has seen a 5% surge to retest the key $3,200 level. Some market watchers believe ETH is about to move toward Q1 highs and kickstart the altseason. Ethereum Retests Key Support Level Ethereum has been heavily… Continue reading Ethereum Attempts Key Breakout: Analysts Set Next Target As ETH Reclaims $3,200→

Analyst Reveals Bitcoin’s Hidden Price Zones: Key Levels Investors Need To Watch

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A recent analysis by CryptoQuant analyst tugbachain sheds light on an important aspect of Bitcoin market behaviour — the UTXO Realized Price Age Distribution. This metric plays a significant role in understanding the holding patterns of different investor groups and the market’s response to price fluctuations. The realized price, calculated as the Realized Cap divided… Continue reading Analyst Reveals Bitcoin’s Hidden Price Zones: Key Levels Investors Need To Watch→

Leveraged Bets On Ethereum Soar: What This Means For Traders and Investors

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The Ethereum (ETH) market may now be heading for a significant shift in momentum as its derivatives market continues to exhibit unprecedented growth. Particularly, while Bitcoin’s price action remains a dominant force in the market, Ethereum’s derivatives activity suggests that it could be gearing up for notable upward momentum. New Highs In ETH Open Interest… Continue reading Leveraged Bets On Ethereum Soar: What This Means For Traders and Investors→