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Showing posts with the label moving averages

Latest Market Overview 26th Mar: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, AVAX, XLM

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The Bitcoin Market continues to encounter resistance near $90,000, yet the modest decline suggests that traders are once again seizing price dips as buying opportunities. Bullish investors remain persistent, striving to push the price beyond the $90,000 threshold. A promising indicator for the bulls is the sustained inflow into US spot Bitcoin exchange-traded funds, which have recorded net gains for eight consecutive trading days, according to data from SoSoValue. This trend suggests a gradual return of institutional investors. Additionally, a Bitcoin whale significantly increased their holdings by acquiring 2,400 BTC—valued at over $200 million—on 24 March, bringing the total stash to more than 15,000 BTC, as reported by blockchain analytics firm Arkham Intelligence in a post on X. Crypto market data daily view. Source:  Coin360 However, a Bitcoin rally may not be easy as bulls are expected to encounter solid selling near $90,000. Alphractal CEO Joao Wedson...

aixbt by Virtuals Price Prediction: AIXBT Skyrockets 41% As This New Pepe Derivative Raises Over $48.3 Million In Presale

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The aixbt by Virtuals price skyrocketed 41% in the last 24 hours to trade at $0.6565 as of 11:21 p.m. EST on trading volume that surged 90% to $478 million. aixbt by Virtuals Price Poised For A Bullish Rally The AIXBT price Analysis on the 4-hour timeframe reveals a clear bullish trend following the formation of a double bottom pattern around the $0.38 level.  This classic reversal pattern signaled the end of a prior downtrend, leading to a sharp rally toward the $0.669 resistance level, according to GeckoTerminal data. The breakout above the neckline of the double bottom pattern further confirms the strength of the upward move. After testing the $0.669 resistance, the aixbt by Virtuals price is consolidating just below this level, suggesting a potential bullish continuation if buyers maintain control. The 50-day Simple Moving Average (SMA) at $0.4807 has consistently acted as support during minor pullbacks, while the 200-day SMA at $0.4043 is trending upward and far below ...

Tornado Cash Price Soars 383% In A Week as Court Reverses US Sanctions Ruling And Traders Pivot To This Staking Crypto With 100X Potential

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The Tornado Cash price has soared 383% in the past week and 13% in the last 24 hours to trade at $16.49 as of 3:20 a.m. EST on a 30% drop in trading volume to $82 million. This surge comes as a U.S. federal appeals court overturned Treasury Department sanctions against Tornado Cash, a cryptocurrency mixer accused of facilitating $455 million in laundering by North Korea’s Lazarus Group. The court ruled that Tornado Cash’s immutable smart contracts, designed to enhance transaction privacy, do not qualify as “property” under the International Emergency Economic Powers Act (IEEPA), thus exceeding the Treasury’s authority. Tornado Cash $TORN spiked +700% after US court rules sanctions placed against @TornadoCash were unlawful. Despite the price hovering around ~$20 (-96% from its ATH at $408), emission on $TORN supply has indicated its unlocked supply to be similar in value after almost 4 years.… pic.twitter.com/ih8YscxK8o — Tokenomist (...