Cryptocurrency prices saw significant declines, with Bitcoin falling 5.31% to $60,512 and Ethereum dropping 10.83% to $1,584.16. Other major coins like Binance Coin, Solana, and Cardano also experienced sharp losses. This broad sell-off reflects increased market volatility and investor caution. The downturn may impact investor sentiment and trading strategies in the near term.
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
ZCash (ZEC) surged 13.85% on July 14 and continued rising by 1.6% the next day, breaking through key resistance levels at $500 and $560. This follows a recovery from a critical vulnerability discovered in May that caused a sell-off. Technical indicat...
ZCash (ZEC) rallied over 11% in 24 hours, driven mainly by $12.75 million in short liquidations and a shift in funding rates favoring bulls. The price broke above a key resistance at $538, suggesting a potential rise to $626 if it maintains this leve...
