News with the tag "death cross"

Ether is on the verge of slipping into a death cross, an ominous momentum indicator, with a mixed record of predicting price trends.

XRP’s price action has taken a sharp downturn in the past 24 hours to extend its seven-day losses. Notably, this downturn has seen the asset slipping below a critical support level at $2.50 after weeks of intense work to break above it. This break below $2.50 opens the risk of a continued fall to re...

On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Ratio has recently been nearing in on a death cross formation. Bitcoin 30-Day MA MVRV Ratio May Be About To Cross Under 365-Day MA As explained by an analyst in a CryptoQuant Quicktake post, the MVRV Ratio is at risk of going thro...

Bitcoin price slipped below $60,000 after the weekend crash, but has since recovered close to retesting this psychological level. The death cross showcases the potential bearish outlook that BTC could face, but on-chain data clearly shows whales or institutions are unbothered by this sell signal. Bi...

Crypto analyst Benjamin Cowen recently discussed the impact of the death cross indicator, which has appeared again on Bitcoin’s chart. Thanks to this indicator, the $62,000 price level has become crucial to Bitcoin avoiding another price crash. Cowen noted in a video posted on his YouTube channel th...

Retail investors could be coming back into the market after a recent upward trend in new Bitcoin addresses.

Bitcoin appears on the verge of confirming a death cross, but one analyst says historical data suggests it's nothing to worry about.

Bitcoin swooned, and crypto markets followed. Should blockchain-project founders and developers be worried? PLUS: We break down Ronin Network's $12 million run-in with white-hat hackers.

The death cross is known to cause catastrophizing among inexperienced investors. But it's an unreliable indicator.

Dogecoin price resumed its downward trend on Wednesday as the mood in the crypto industry darkened. DOGE dropped more than 4% Wednesday morning, consistent with the performance of Bitcoin, Ethereum, and BNB Coin. Dogecoin is now down nearly 50% from its…