Monero enters 'overbought' danger zone after XMR price gains 75% in two weeks

XMR is also nearing a breakdown move led by the formation of rising wedge, a classic bearish reversal pattern. Monero (XMR) price may witness a sharp pullback by June because its 75% rally in the last two weeks has left the gauge almost "overbought."Monero price RSI meets rising wedgeDownside risks have been mounting due to XMR's relative strength index (RSI), which almost hit 70 this May 23, indicating that the market is considered overvalued.

El Salvador Buys Another 500 Bitcoin Amid Market Pullback

As the market bleeds, President Bukele spends another $15 million of his country’s funds on Bitcoin.

CoinShares’ Q1 Financial Results Took a Hit Amid Crypto Market Downturn

CoinShares noted a pullback in its 2021 quarterly financials amidst tepid market conditions in the cryptocurrency space.

ZCash: Amid a bearish divergence, here's where you can expect a pullback

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Zcash showed a bearish divergence on lower timeframes but has The post ZCash: Amid a bearish divergence, here's where you can expect a pullback appeared first on AMBCrypto.

Bitcoin Touches $41,000; Is A Pullback On Its Charts?

Bitcoin had been on a downtrend for the past few weeks, the coin, however, started to show an uptrend over the past 48 hours.

Polkadot: Estimating the probability of a pullback with tips for traders

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Polkadot formed a rising wedge pattern, which generally sees tThe post Polkadot: Estimating the probability of a pullback with tips for traders appeared first on AMBCrypto.

Onward to $100 - LUNA's march might be preceded by this zonal pullback

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice In the last two days alone, Bitcoin has dropped beneath the $40The post Onward to $100 - LUNA's march might be preceded by this zonal pullback appeared first on AMBCrypto.

DOT's 5-day rally is behind it; Here's what's next for the alt

Polkadot’s native cryptocurrency DOT registered a 5-day recovery after kicking off April on the back of a strong bearish pullback.

Why Shiba Inu traders must be on the lookout for this

As anticipated in the previous article, Shiba Inu (SHIB) jumped above its 20/50/200 EMA after facing a slight pullback toward the $0.023 zone.

Crypto Strategist Says All-Time High Coming for One Ethereum Rival, Predicts Pullback in Two Other Altcoins

A popular crypto trader thinks one smart contract platform could skyrocket to an all-time high in the next few weeks.

Crypto Strategist Says All-Time High Coming for One Ethereum Rival, Predicts Pullback in Two Other Altcoins

A popular crypto trader thinks one smart contract platform could skyrocket to an all-time high in the next few weeks.

Whale Games? Top Crypto Strategist Says This Is Driving Current Bitcoin (BTC) Correction

A closely followed crypto strategist and trader is unveiling what he believes is the catalyst behind Bitcoin’s latest pullback.

Cardano: A close below this mark would bolster a further pullback

Cardano (ADA) has been on a near-term downtrend after recently breaking down from the ascending channel on its 4-hour chart.

Bitcoin (BTC) Gearing Up for New Rally As Ethereum (ETH) Takes a Breather: Analyst Michaël van de Poppe

Popular crypto strategist Michaël van de Poppe says Bitcoin (BTC) bulls are setting the stage up for a fresh rally while predicting a shallow pullback for Ethereum (ETH).

Signs of Bitcoin accumulation suggest BTC’s dip to $45K will be short-lived

Bears took a hefty swing at BTC price on April 4, but traders say on-chain and technical analysis data point toward a short-lived correction where investors choose to accumulate on each dip. The cryptocurrency market rally that began on April 1 ran into tough resistance on April 4, sparking a market-wide pullback during the afternoon session after exhausted bulls were overwhelmed by bears who managed to push Bitcoin (BTC) below $45,200. Data from Cointelegraph Markets Pro and TradingView shows that once the afternoon sell-off broke below support at $46,000, the price of BTC hit a daily low of $45,133 before buyers emerged to bid it back above $45,700.

LUNA: Why $150 should not come as a surprise to traders

LUNA's price shows an interesting setup after the recent Bitcoin-induced pullback on 31 March.

Zilliqa has seen a pullback to this level; further upside was likely?

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Buy the rumor, sell the news, goes the adage.

Why Bitcoin Cash consolidating below this resistance is an opportunity to buy in

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin saw a sharp pullback of around 6% from the supply zoneThe post Why Bitcoin Cash consolidating below this resistance is an opportunity to buy in appeared first on AMBCrypto.

Bitcoin 'dormant' for 7+ years moved right before BTC price dropped 5%

More long-dead BTC moved this week than at any time since just before the $20,000 all-time high in December 2017. Bitcoin (BTC) dived $3,000 into the morning of April 1 as a widely-predicted pullback seemed to accompany fresh moves by major investors. As revealed by the Whale Shadows indicator, over 11,000 BTC suddenly left its wallet on March 29, having previously sat there for most of a decade.Dormant coins echo December 2017Whale Shadows, coined by analyst Philip Swift, tracks coins that become active again after spending a considerable amount of time out of circulation.Tuned to only record when 100 BTC or more leave their long-term wallet, spikes in the metric have previously coincided with what Swift argues are "major highs" in price."There was a significant movement on-chain yesterday, with +10k BTC that has not moved for the past 7-10yrs finally moving," he noted Thursday. The spike in that age band, described as involving 7-9 year dormant coins on Swift's analytics site, LookIntoBitcoin, is one of the two largest ever in Bitcoin's history.

Bitcoin sentiment hits 'greed' in 2022 first amid calls for $45K BTC price pullback

It feels like a case of "too much too soon" for many, but only a shallow retracement is expected. Bitcoin (BTC) sentiment is seeing its first significant test of the rally to year-to-date highs as bullish gains dry up.The start of Wall Street trading on March 30 failed to induce a fresh advance on BTC/USD, which threatened to lose support at $47,000.

Ethereum risks 'double-bust' drop despite ETH price rebounding 30% in two weeks

Ether now retests a critical resistance range for a potential pullback towards $1,800. It took Ethereum's native token Ether (ETH) only two months to recover from a brutal selloff at the beginning of 2022.ETH price breaks out but risks remainETH price reached near $3,350 on March 28 after rallying by over 30% in just two weeks, and by more than 50% when measured from its year-to-date low of around $2,160, established Jan.

What This Pattern Spells For Ethereum In The Coming Weeks, Pullback In The Cards?

Ethereum had seen some uptrend that had sent the price up at the start of the week, finally breaking above $3,000 once more.

One Ethereum Competitor Has ‘Lots of Fuel Left in the Tank’, According to Coin Bureau

A popular crypto analyst says the fundamentals of one mid-cap Ethereum competitor remain well-intact despite the project’s recent price pullback.

RUNE: A pullback before a resumption of rally seems imminent

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice RUNE has climbed past the $6.56 level and could retest the $6-The post RUNE: A pullback before a resumption of rally seems imminent appeared first on AMBCrypto.

Bitcoin, Ethereum Technical Analysis: BTC Remains Above $40,000 Despite Recent Pullback

Following a rise to a high beyond $41,700 earlier this week, bitcoin’s price has fallen for two consecutive sessions.

Price analysis 3/11: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE

The sharp pullback in BTC and large-cap altcoins indicates that bears have yet to capitulate and that traders continue to sell the top of each breakout. Bitcoin (BTC) has been volatile in the past few days but the long-term investors seem to be using the current weakness to buy. According to Whale Alert and CryptoQuant, about 30,000 BTC left Coinbase and was deposited in an unknown wallet.

$4,900,000,000 Bitcoin Whale Initiates Massive BTC Transfers As Crypto Market Dips

The world’s richest non-exchange Bitcoin (BTC) whale is accumulating BTC amidst a widespread crypto market pullback.

3 reasons why Bitcoin can rally back to $60K despite erasing last week's gains

Several technical and on-chain indicators are flashing bullish despite the BTC price pullback below $40,000.

Price analysis 3/4: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE

Traders continue to sell the top of each rally, resulting in a sharp pullback in Bitcoin price and several major altcoins. The equity markets in Europe and the United States are seeing a sea of red as traders continue to sell risky assets due to the geopolitical situation.

A pullback or a rally? This is where Cardano can go next

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Swiss cryptocurrency ADA witnessed a surge of nearly 100% withThe post A pullback or a rally? This is where Cardano can go next appeared first on AMBCrypto.