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Ethereum Price Analysis: 23 January

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Ethereum's price registered a new ATH on the charts recently. How The post Ethereum Price Analysis: 23 January appeared first on AMBCrypto.

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Binance Coin price prediction: BNB ready to test previous highs

TL;DR Breakdown BNB trades around $40 Resistance above at $44,5 Closest support at $36-$37 Binance Coin price prediction for today is bullish as the market has continued to move higher after a strong rejection of further downside. Binance Coin currently trades at $40 on Binance. Cryptocurrency heat map by Coin360 The overall market is sending […]

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Bitcoin: Has the bull market faded?

2021 has proven itself to be quite a promising year for Bitcoin, with its price action on the charts enabling it to register new ATHs. However, over the past 7 days, the bullish momentum has faded, wi The post Bitcoin: Has the bull market faded? appeared first on AMBCrypto.

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Bitcoin price prediction: Dead cat bounce from $29k worries BTC bulls

Bitcoin price prediction oscillates from bullish to bearish BTC/USD touches $29,000 low amid bearish price action Bitcoin holds onto key trendline and the daily support at $30,000 Rangebound price movement is slowly grinding south with $32,686 as resistance TL;DR Breakdown Bitcoin price prediction is all but bearish, with the slideways movement opening up lower support […]

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Popular analyst prefers altcoins LINK, UNI, others during Bitcoin & Eth’s correction phase

After reaching all-time highs, both Bitcoin and Ether have faced a wave of correction; while the former seems to be stagnated, the latter slid further. Experts believe the current dip in prices is a t The post Popular analyst prefers altcoins LINK, UNI, others during Bitcoin & Eth's correction phase appeared first on AMBCrypto.

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Polkadot price prediction: DOT to rise to $20.00

TL;DR Breakdown Polkadot price expected to climb to $20.00. The closest support level lies at $16.00. DOT faces resistance in crossing above the $17.50 mark. Polkadot price has risen to the $17.50 mark in order to retest the resistance level. The price has rebounded after falling to the $15.00 support level. DOT has observed strong […]

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Bitcoin whale MicroStrategy invests more in Bitcoin during dip

TL; DR Breakdown Institutional Bitcoin Whale, MicroStrategy buys more BTC during dip. Another firm hint at investing in Bitcoin. Bitcoin whale MicroStrategy has again invested another $10 million in Bitcoin after the crypto fell more than 5 percent to a three-week low of $28,800. The crypto, however, showed signs of a resurgence on Friday after […]

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Bitcoin mining chips scarcity: Samsung planning to Bankroll chip making plant

TL;DR Breakdown • Samsung to return a portion of the microchips market occupied by China to the U.S. • China’s duopoly is coming to an end. • Demand for Bitcoin mining chips rises. According to Bloomberg, Samsung is contemplating expending over $10 billion to capitalize on a Bitcoin mining chip plant located in Austin Texas. […]

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EOS Price Analysis: 22 January

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Over the past two months, EOS has faced stiff resistance from th The post EOS Price Analysis: 22 January appeared first on AMBCrypto.

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Polkadot price prediction: DOT to rise to $20.00

TL;DR Breakdown Polkadot price expected to climb to $20.00 The closest support level lies at $16.00 DOT faces resistance in crossing above the $17.50 mark Polkadot price has risen to the $17.500 mark in order to retest the resistance level. The price has rebounded after falling to the $15.00 support level. DOT observes strong bullish […]

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Bitcoin whale MicroStrategy invests more in Bitcoin during dip

TL; DR Breakdown Institutional Bitcoin Whale, MicroStrategy buys more BTC during dip Another firm hint at investing in Bitcoin Bitcoin whale MicroStrategy has again invested another $10 million in Bitcoin after the crypto fell more than 5 percent to a three-week low of $28,800. The crypto, however, showed signs of a resurgence on Friday after […]

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Bitcoin mining chips scarcity: Samsung planning to Bankroll chip making plant

TL;DR Breakdown • Samsung to return a portion of the microchips market occupied by China to the U.S. • China’s duopoly is coming to an end. • Demand for Bitcoin mining chips rises. According to Bloomberg, Samsung is contemplating on expending over $10 billion to capitalize a Bitcoin mining chip plant located in Austin Texas. […]

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UBS economist explains why cryptos can’t be “actual currencies”

TL;DR Breakdown: A UBS economist opined that cryptos are not fit to make actual currencies. This is based on the supply rate, which can’t be reduced when demand drops. Cryptocurrencies have been gaining attention in recent times due to recent surges in price. The confidence in this technology is raising narratives that they can actually […]

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Upbit establishes Thailand presence as Bitkub faces technical hurdles

TL;DR Breakdown: Upbit has launched a new exchange for the Thailand market. The new exchange comes as the market leader, Bitkub, faces technical difficulties. A leading cryptocurrency exchange in South Korea, Upbit, has expanded its presence in Asia following the launch of a crypto trading unit in Thailand. This is coming a few days after […]

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Chainlink price prediction: LINK testing key support at $18

TL;DR Breakdown  LINK/USD price continued to move downwards.  LINK rejected the $18 support.  Next minor support at 16.75. Chainlink price prediction for today is neutral as the market continues to retrace. LINK currently trades around $19.5, with a market cap of $7.7 billion.  Cryptocurrency heat map by Coin360 The overall market is in the red […]

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Bitcoin price prediction: BTC/USD tested $30k support before moving higher

TL;DR Breakdown  BTC/USD moved lower yesterday.  Bitcoin trading near $30,000 support.  Next resistance at $34,000. Bitcoin price prediction for today has Bitcoin as bullish; however, caution is advised. BTC currently trades around $32,000 on Coinbase with a market cap of $588 billion.  Cryptocurrency heat map by Coin360 As seen in the heat map, the market […]

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Litecoin price prediction: LTC rebounds after failing to reach $120

TL;DR Breakdown LTC has regained some of the loss seen yesterday. Litecoin currently trades at $139. Closest resistance around 61.8 percent Fibonacci level at $150. Litecoin price prediction for today is bullish as the market continued to rebound after a strong sell-off yesterday. Litecoin currently trades at $139 on Coinbase.  Cryptocurrency heat map by Coin360 […]

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Crypto Price Analysis & Overview January 22nd: Bitcoin, Ethereum, Ripple, Polkadot, and Chainlink

During the past seven days, we saw an extended correction in Bitcoin’s price which failed to recover to its previous all-time highs. However, while BTC is down, a lot of altcoins started popping and gaining some serious value. For this week’s analysis, we’ve decided to take a closer look at Bitcoin, Ethereum, Ripple, Polkadot, and […]

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Ripple price prediction: XRP rejecting further upside at $0.31

TL;DR Breakdown XRP briefly tested above $0.31. Ripple continues trading in an ascending triangle. Closest support at $0.26. Ripple price prediction for today is bearish as the price has rejected further upside. XRP currently trades at $0.30 on Coinbase and looks to reverse to the $0.26 support. Cryptocurrency heat map by Coin360 The heat map […]

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Bitcoin Miners in China hit with dearth of chips

TL;DR Breakdown Chips’ scarcity affects other market players. Bitcoin Miners keen on getting more mining equipment. Mining Gears’ Price has been hiked. Reuters stated that Bitcoin Miners in China are experiencing a scarcity of computer chips needed to construct rigs for the purpose of minting Bitcoin and other cryptocurrencies. Bitcoin miners and other market players […]

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Monero Price Analysis: 22 January

Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Bitcoin's fall on the price charts had a lasting impact on many o The post Monero Price Analysis: 22 January appeared first on AMBCrypto.

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Ripple price prediction: XRP rejecting further upside at $0.31

TL;DR Breakdown XRP briefly tested above $0.31. Ripple continues trading in an ascending triangle. Closest support at $0.26. Ripple price prediction for today is bearish as the price has rejected further upside. XRP currently trades at $0.30 on Coinbase and looks to reverse back to $0.26 support. Cryptocurrency heat map by Coin360 The heat map […]

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Bitcoin Miners in China hit with Dearth of Chips

TL;DR Breakdown Chips’ scarcity affects other market players. Bitcoin Miners keen on getting more mining equipment. Mining Gears’ Price has been hiked. Reuters stated that Bitcoin Miners in China are experiencing a scarcity of computer chips needed to construct rigs for the purpose of minting Bitcoin and other cryptocurrencies. Bitcoin miners and other market players […]

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BambooDeFi Commences Final Phase of IEO on Three Partner Platforms

[PRESS RELEASE – Please Read Disclaimer] BambooDeFi, a decentralized finance protocol aiming to grant users access to additional cryptocurrency revenue streams, has recently commenced the final phase of its Initial Exchange Offering. The third round of the IEO kicked off on the 17th of January, 2021, and will last until the 30th of January at […]

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Biggest Bitcoin exchange in Brazil pushing to expand across Latin America

TL;DR Breakdown Mercado Bitcoin exchange wants to expand across South America. The exchange raised over $35 million in funding  The largest Bitcoin exchange in Brazil, Mercado Bitcoin, has announced its intention to spread its tentacles over South America. This was made known by Reinaldo Rabelo who is the CEO of the crypto exchange firm. According […]

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