Tag Archives: Pullback

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey …

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Since the beginning of this year, Dogecoin, the largest meme coin, has been riding the bearish wave, dropping from its yearly high of $0.48 to as low as $0.15. DOGE’s persistent descent is a testament to the highly volatile nature of the cryptocurrency market. Nonetheless, this substantial …

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Dogecoin’s price has been on a wild ride with a wave of steady declines in recent weeks. This decline has caused the meme coin to lose various support levels amidst a steady increase in selling pressure. Notably, this decline has resulted in a pullback of about 66% …

Wednesday’s drop in Chipotle ‘s stock could be a buying opportunity, according to several Wall Street analysts. Shares fell as much as 5.6% in early trading after the fast-casual burrito chain late Tuesday gave a weak same-store sales forecast for the full year and said it saw weaker traffic in January. Chipotle guided for comparable sales in the low- to …

Investors and traders of Dogecoin have been struck with liquidations following a notable price pullback, triggered by a broader crypto market whirlwind. Dogecoin has dropped below the $0.30 level, finding support at the $0.25 mark. While this correction has triggered fear and uncertainty, analysts claim it is a key part of DOGE’s journey to new heights. A Rally To A …

The general crypto market has experienced a strong downward movement. Ethereum is no exception to this bearish development since the digital asset has experienced a pullback below key support levels. With waning market performances hindering investors’ sentiment toward ETH, the altcoin is likely to undergo an extended pullback in the upcoming days. Bearish Forces Weigh On Ethereum’s Price Recent price …

After a short-lived rally past $3,700 in early January, Ethereum struggled to sustain its gains and is now 12% below its recently established local top. The leading altcoin’s market sentiment remains muted. As such, a new analysis suggests that the next significant price shift will largely be influenced by whales. No Whale Frenzy Ethereum’s price has stabilized above $3,000, but …

Ethereum price is struggling below the $3,400 resistance. ETH is showing a few bearish signs and might decline below the $3,150 support. Ethereum failed to gain pace for a close above $3,350 and $3,400. The price is trading below $3,300 and the 100-hourly Simple Moving Average. There was a break below a key contracting triangle with support at $3,270 on …

With shifting market dynamics, Bitcoin has moved into positive territory as prices sights key resistance levels. However, due to the volatile nature of crypto assets, the flagship asset’s recent uptrend might experience a brief drawback before resuming its upward direction. Support Areas For Bitcoin Amid Potential Trend Reversal Cryptocurrency assets are known for their sudden change in price trajectory. Thus …

As Bitcoin (BTC) retests the $90,000 price level after tumbling almost 9% in the past week, institutional investors and corporations are seizing the pullback as an opportunity to increase their BTC reserves. Business intelligence firm MicroStrategy is one such entity, having purchased 2,530 BTC during the ongoing market downturn. MicroStrategy Buys The Bitcoin Dip Undeterred by the crypto market’s decline, …