BTCUSD (Coinbase) Bitcoin buyers are still holding the upper hand and have new reasons to continue actively buying, considering the price managed to break above the $49k – $50k key resistance area. The new week comes in hand with additional gains, as BTC is now trading above $52k for the
Weekly Crypto Analysis by Crypto Frontline
Ethereum’s trading price surged by almost 5 percent during yesterday’s trading session, September 1. For the first-ever time since May 15, 2021, the world’s second most valuable cryptocurrency crossed the trading price level of US$3,500. We feel elated to read this latest development about Ethereum. We think it is among
BTCUSD (Coinbase) The $50k area turns out to be a stronger resistance for Bitcoin buyers as the price failed to break and hold above it. BTC is trading a little over $48k now that September is near and due to month-end flows, some profit-taking should not be ruled out, after
BTCUSD (Coinbase) The past week saw Bitcoin treating the daily 200 SMA as support and that is an encouraging sign moving forward. We can see the price reached the resistance area highlighted a week and some hesitation from the buy side, but it could also be due to the reduced
BTCUSD (Coinbase) Although Bitcoin buyers were able to push the price towards new highs, the gains are not impressive, suggesting the bullish sentiment is weakening. BTC is now above the $40k area by a large, yet sellers are more active around the daily 200 SMA, which is thus far preventing
Philipp Plein is a fashion designer from Germany who is behind the Philipp Plein International Group. His company confirmed that they are accepting payments in 15 different virtual currencies. We feel quite interested to learn about this fashion update related to cryptocurrencies. We think it is worth sharing with our
BTCUSD (Coinbase) Bitcoin managed to break above the $41k area and reached the daily 200 SMA where it is currently struggling to cope with some selling interest. The move up is very impulsive and solid, suggesting buyers have been entering the market in full force. However, this does not mean
BTCUSD (Coinbase) The Bitcoin recovery continued as the price managed to reach and even break above the $40,000 key resistance area, It also managed to overcome the high seen on June 15th and that is negating the short-term bearish bias we had in place. Looking ahead, it would be critical
BTCUSD (Coinbase) After weeks of waiting, Bitcoin buyers have finally stepped in more aggressively and pushed the price away from the $30k key support area. At the time of writing, BTC is consolidating above the $34k area, having breached above the 4h chart 200 SMA, a dynamic resistance level that
AXIA Systems Incorporated announced the official launch of its inclusive financial ecosystem project. The asset-supported international cryptocurrency AXIA Coin’s developer has reportedly worked on the ingenious model for several years. We find this report significant for our readers to learn about. We think it demonstrates the vibrant and ever-expanding cryptocurrency
