Cryptocurrency Market Analysis: 5 Biggest Gainers of March, 2021
The month of March has seen many popular cryptocurrency gain much traction. We have seen cryptocurrencies such as Filecoin, TRON, Qtum and OMG Network trade like hot cakes. CoinIdol, a world…
Read More »Canada’s Purpose Bitcoin ETF may be cutting into Grayscale’s market share
Following the launch of Canada’s first Bitcoin ETF, shares in Grayscale’s Bitcoin Trust have spent an entire month trading at a discount compared to spot BTC for the first time.
Read More »Bitcoin Reclaims $58,000 Support, Within Striking Distance of $60,000 Overhead Resistance
Buyers have been struggling to break above the $57,000 resistance zone since March 24. On March 25, the BTC price plunged to $50,350 low after testing the resistance zone.
Read More »Ripple Battles $0.60 Resistance as the Altcoin Eyes $0.65 and $0.78 Highs
Ripple bulls are still struggling to revisit the peak price of $0.75 it attained in February. On March 25, the XRP price broke above the $0.50 resistance as it approached…
Read More »Bitcoin Cash Pushes on the Upside; Can Bulls Regain the $550 Support?
On March 24, Bitcoin Cash crashed to $442.79 low and immediately pulled back. The market has corrected upward after the breakdown. The bears broke the $510 support which has been…
Read More »Ripple Slumps after Formation of a Bearish Double Top, Struggles below $0.50 Resistance
Surprisingly, XRP price slumped again to $0.46 support as bulls bought the dips. Buyers are attempting to push above the moving averages to return to the previous high. The market…
Read More »Digitization Trends: Mobile Wallet Use Sees a 70% Growth
Digital wallets have been here for decades but its adoption and use has grown by about 70% during the Coronavirus plague era and expected to double this figure by 2025.
Read More »Bitcoin Cash Continues Consolidation as Buyers and Sellers Are Undecided About the Next Move
Bitcoin Cash has been confined between $510 and $550 as bulls and bears continue the price tussle since March 15. Today, BCH price is rising above the $510 support after…
Read More »Bitcoin Recovers Above $54,000 Support, Poises to Reclaim the $58,000 High
Following its resistance at the psychological price level, Bitcoin slumped and found support above the $54,000 low on March 22. This was the previous low of March 16, when Bitcoin…
Read More »Ripple Rebounds above $0.46 Support, Breaches More Resistance Levels
On March 20, XRP/USD rebounded above the $0.46 support as XRP resumed upside momentum. The recent breakout attracted more buyers as price rallied to $0.60 high.
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