Bitcoin Rebounds After Dropping To $59,000 Level — Path To New Peak?

The price has bounced off an important level without turning about. Is that a signal of a continuation of the trend? Will the upward trend continue? Without holding at the level of $416, Bitcoin’s price has once again followed the ongoing trend. The Bulls are holding the advantage so far. Until a turnabout happens at the $416 mark, the upward trend will continue. Why is the $416 level so important? If you analyze the upward trend as a whole, including its rebounds, you’ll see that the peak of the new rebound is exactly at the point of $416. Hence, it’s the most profitable price for Bullish....

Content moderation decisions from Amazon, Shopify and Twitter following the Capitol riots in Washington, D.C., on Jan. 6 have put efforts to “decentralize” the web into sharp relief.

Altcoins are in a downward trend. How strong is that trend, and for how long will the fall continue? At which levels are the current trends most likely to change? ETH/USD. Ethereum’s price has went along the downward scenario and formed the third wave of decline. The key level for that scenario was at $10.3. Ethereum’s price is at a key long-term resistance line, where rebounds usually happen. The critical level for a rebound is the line with the largest accumulated trading volume, somewhere around $10. If the coin’s price manages to fortify at that level and form a turn to growth, there....

Ethereum is forming a short-term trend, which is also a wave of a medium-term flat. The price has approached the top limit of that flat. Will there be a downward rebound? On Friday, we found the level of $14, where Ethereum’s price formed a turn to decline within a correction toward the whole upward movement, which started at $10. There were short rebounds within that medium-term movement, which means that the downward movement is highly limited. A flat usually forms under such limiting circumstances. The market will choose the future medium-term direction while inside that flat. A drop to....

SAND was up by over 15% on Friday, as crypto prices rebounded following sell-offs during Thursday’s trading session. SAND fell to a one-week low yesterday, with MATIC, another notable gainer, dropping to nearly a ten-day low on Thursday. Overall, crypto markets are up 1.30% as of writing. The Sandbox (SAND) SAND was one of the most notable movers during today’s trading session, as crypto prices rebounded on Friday. Following a low of $0.9644 on Thursday, SAND/USD rallied to an intraday peak of $1.17 to start the month of July. Prices of the....