ApeCoin Traders Should Expect The Next Few Days To Be Tough.
[ad_1] Since its release on May 22 this year, ApeCoin has experienced lots of challenges. To date, its prices have steadily decreased. The difficulties started in the middle of the May–June crypto market meltdown. Although ApeCoin was designed to aid the APE project on its Web3 journey, the token’s...
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Bitcoin Price Rockets to $22k, Next Bullish Levels Traders Should Watch
[ad_1] Bitcoin gained pace and even spiked above the $22,000 resistance against the US Dollar. BTC is correcting gains, but dips might be limited below $21,500. Bitcoin was able to clear the $21,200 and $21,500 resistance levels. The price is now trading above $21,500 and the 100 hourly simple...
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3 reasons why Bitcoin traders should be bullish on BTC
[ad_1] Bitcoin (BTC) has been in a rut, and BTC’s price is likely to stay in its current downtrend. But like I mentioned last week, when nobody is talking about Bitcoin, that’s usually the best time to be buying Bitcoin. In the last week, the price took another tumble,...
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Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first
[ad_1] The cryptocurrency market was hit with another round of selling on May 26 as Bitcoin (BTC) price dropped to $28,000 and Ether (ETH) briefly fell under $1,800. The ETH/BTC pair also dropped below what traders deem to be an important ascending trendline, a move that traders say could result...
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Traders pin Ethereum’s route to new ATH to eventual Bitcoin ETF approval
[ad_1] Ether (ETH) price is lagging Bitcoin’s (BTC) price action by 13% in October, but is this relevant? To date, the altcoin has still outperformed BTC by 274% in 2021. However, traders tend to be short-sighted and some will question whether the Ethereum network can successfully migrate to proof...
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Pro traders know it’s time to range trade when this classic pattern shows up
[ad_1] A bull trend is formed when demand exceeds supply and a bear trend occurs when sellers overpower the buyers. When the bulls and bears hold their ground without budging, it results in the formation of a trading range. Sometimes, this leads to the formation of a rectangle pattern,...
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Bitcoin fails to flip $40K with traders eyeing $36K or lower for support
[ad_1] Bitcoin (BTC) saw tough resistance after nearing $41,000 on July 28 amid calls for consolidation of recent gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $40,000 yet to stick as new support Data from Cointelegraph Markets Pro and TradingView showed BTC/USD pulling back below the $40,000 mark as...
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