All articles tagged with #cryptotrading
Originally Published 7 months ago — by AMBCrypto
Despite a 7% dip amid macroeconomic fears and geopolitical tensions, Bitcoin has shown resilience with a quick recovery, supported by institutional buying and cautious derivatives trading, suggesting market maturity and reducing the likelihood of deeper losses.
Originally Published 1 year ago — by Cointelegraph
Crypto traders are optimistic about Ethereum's potential to reach a new all-time high within the next week, as its price shows structural changes and increased ETF flows. Currently priced at $3,946, Ether would need a 24% gain to surpass its previous high of $4,878. Analysts suggest that Ether's underperformance against Bitcoin may be ending, with potential for significant gains. However, readers are advised to conduct their own research before making investment decisions.
Originally Published 1 year ago — by The Daily Hodl
Crypto strategist Justin Bennett predicts potential rallies for Ethereum and Dogecoin. He suggests Ethereum could reach $5,000 if it maintains strength above $3,950 and flips the 0.04 BTC resistance into support. For Dogecoin, Bennett anticipates a new all-time high, predicting a breakout above $0.76, contingent on surpassing the $0.45 resistance level. Both cryptocurrencies are poised for significant gains if these conditions are met.
Originally Published 1 year ago — by AMBCrypto News
The cryptocurrency market has seen significant liquidations, particularly in short positions, as Bitcoin and Ethereum reach new price levels. On November 9th, market liquidations exceeded $280 million, with short positions accounting for $189 million. Bitcoin's price surged to nearly $80,000, leading to $87 million in short liquidations. Ethereum also faced substantial liquidations, with $56 million in short positions. The Fear and Greed Index indicates extreme greed, suggesting potential for further volatility and liquidations as traders react to market movements.