Ethereum Approaches Next Major Break, $3K Is The Key
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summy Morphe
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May 21, 2021
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Ethereum
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Ethereum recovered nicely above the $2,750 resistance zone against the US Dollar. However, ETH price must clear $3,000 for a steady increase in the coming sessions. Ethereum is up over 15% and it cleared the $2,750 resistance zone. The price is still well below the $3,000 level and the 100 hourly simple moving average. There is a crucial contracting triangle …
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Here’s Why BTC Could Rally If It Clears This Key Hurdle
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summy Morphe
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May 21, 2021
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Bitcoin
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Bitcoin price is recovering losses and trading above $40,000 against the US Dollar. BTC is likely to accelerate higher if there is a clear break above the 100 hourly SMA at $42,000. Bitcoin is showing signs of a decent recovery above the $40,000 level. The price is now facing resistance near $42,000 and the 100 hourly simple moving average. There …
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Two Paths Of A Bitcoin Bull Run, And If A Bear Phase Is Next
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summy Morphe
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May 20, 2021
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Bitcoin
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Bitcoin price has plummeted more than 50% from recent highs, falling to as low as $30,000 in a matter of a flash. The selloff was enough to shock the entire market, causing the most liquidations and coins to be deposited since Black Thursday. There’s now talk of the bull run being over, however, there’s potentially two different paths that the …
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Ethereum Down 40% In A Week, Here’s Why ETH Could Recover
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summy Morphe
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May 20, 2021
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Ethereum
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Ethereum declined heavily and it even tested the $2,000 support zone against the US Dollar. ETH price is attempting a recovery and it must clear $2,800 for a steady rise. Ethereum is down over 40% in a week and it even tested the $2,000 support zone. The price is now well below the $3,000 level and the 100 hourly simple …
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Here’s What Could Trigger A Bullish Reversal Above $40K
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summy Morphe
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May 20, 2021
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Bitcoin
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Bitcoin price was dumped yesterday by over 20% against the US Dollar. BTC is recovering from $30K and it might attempt a bullish reversal above $40K. Bitcoin tumbled below the $40,000 and $35,000 support levels. The price is now trading well below $42,000 and the 100 hourly simple moving average. There is a crucial bearish trend line forming with resistance …
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DeFi Takes On Conventional Financial Services
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summy Morphe
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May 19, 2021
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Blockchain
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Today, the world of digital assets has become so popular and accepted all over the world that it is considered to be one of the best investment platforms. During the pandemic year 2020, people needed an alternative platform for investments as almost every industry came down. That is when cryptocurrencies and blockchain gained so much. And along with that, millions …
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Bitcoin Breaks Key Support, Here’s Why BTC Could Dive Below $40K
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summy Morphe
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May 19, 2021
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Bitcoin
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0 Comments
Bitcoin price failed to stay above the key $42,150 support zone against the US Dollar. BTC is declining and it remains at a risk of a sharp decline below $40K. Bitcoin failed to stay above the main $42,000 and $42,150 support levels. The price is now trading well below $45,000 and the 100 hourly simple moving average. There is a …
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2021 price outlook: BTC, ETH, XRP, LTC, BCH, LINK, ADA, BNB, DOT, XLM
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summy Morphe
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May 18, 2021
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Litecoin
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Bitcoin price remains in a strong uptrend and this presents a rosy outlook for BTC and many altcoins.
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Breakneck speed of crypto adoption could result in whiplash, warns wallet exec
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summy Morphe
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May 18, 2021
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Litecoin
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Cryptocurrency adoption on a United Kingdom-based payment app is booming in the first quarter of 2021, but whether that trend continues could depend on the actions of Bitcoin (BTC) evangelists like Elon Musk, warns STICPAY director James Bay.The mobile payments app reported a 48% increase in crypto deposits in the first quarter of the year, while fiat deposits remained static. …
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Ethereum Steadies Above $3,200, Here’s What Could Trigger Strong Surge
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summy Morphe
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May 18, 2021
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Ethereum
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0 Comments
Ethereum is holding the key $3,120 support zone against the US Dollar. ETH price is consolidating and it seems like it could soon clear the $3,500 resistance zone. Ethereum is holding the ground above the $3,120 and $3,200 support levels. The price is still well below the $3,600 level and the 100 hourly simple moving average. There was a break …
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