A Bitcoin (BTC) trading veteran says BTC’s 200-week moving average (200WMA) and relative strength index (RSI) are flashing positive signals. Pseudonymous analyst Plan B tells his 1.9 million followers...
Tag: metrics
Bitcoin Bear Market Sends On-Chain Metrics Into Sideways Trend
Data shows the Bitcoin bear environment has caused the market to become inactive as transaction fees continues to be extremely low. Bitcoin On-Chain Activity Remains Low As Price Action Stays Stale As...
Bitcoin’s On-Chain Metrics Hit Records in Many Areas
At a time of misunderstanding, fear and greed on the crypto market, it is important to have a solid foundation for making investment decisions, and that is where data from reliable crypto analysts, be...
Key Metrics to Measure Blockchain Network Performance
Everything out there has a particular set of characteristics against which its performance can be measured. Be it something as simple as a car or as intricately intertwined as the blockchain. These fa...
Bitcoin Flirts With $19k As Key Metrics Point At $15,000 Price Floor ⋆ ZyCrypto
Advertisement     On Monday, Bitcoin continued to display frailty alongside other cryptocurrencies with most volatility being sapped over the weekend ahead of today’s ...
VET investors should consider these metrics before placing long bets
The price of VET continues to plummet despite the many ecosystem upgrades to the veChainThor blockchain. On 28 June, the VEchain Foundation announced its partnership with Supply@ME Capital PLC, the fi...
Chainlink [LINK] traders can consider these metrics before shorting market
Chainlink [LINK], the most widely used oracle network for powering hybrid smart contracts has been through a tumultuous journey in 2022. In 2020, LINK climbed 15 places up in under a year and stood am...
Key Bitcoin price metrics say BTC bottomed, but traders still fear a drop to $10K
The crypto market is currently going through a period of heightened volatility as global economic conditions continue to worsen amid a backdrop of rising inflation and interest rates. As the headwind...
Different this time? ‘Almost all’ Bitcoin metrics are now hinting at a price bottom
Bitcoin (BTC) played wait-and-see with traders on June 28 as Wall Street opened to flat performance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bollinger eyes “logical placeR...
Avalanche [AVAX] traders can check these metrics before going short
The Avalanche [AVAX] network suffered massively following the crypto crash in June. However, it has been making huge strides in the market as of 25 June. The native token, AVAX, has also received a go...
Bitcoin: On-chain metrics to consider in this bear cycle before going…
The crypto market has had quite a ride this month after bearish waves struck down major cryptocurrencies. The global crypto market capitalization also fell below $1 trillion leading to failing crypto ...
Convex Finance: First token unlocking and metrics to make winning trades
Convex Finance is a DeFi protocol built on Curve Finance and aims to reward liquidity providers and those who stake Curve Finance’s native token, CRV, with additional yields. According to data from Cu...
AAVE traders caught in dilemma should take a look at these metrics for clarity
The presence of the AAVE protocol and token in the DeFi space has been prominent since its launch. And, with its third iteration, AAVE has cemented itself as a top lending protocol. Regardless, its na...
Ethereum price risks a drop below $1K if these key price metrics turn bearish
Ether (ETH) price is down 37.5% in the last seven days and recent news reported that developers decided to postpone the network’s migration to a proof-of-stake (PoS) consensus. This upgrade is e...
Bitcoin crash: These three metrics show how bad the carnage is, and what to expect next
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on T...
Bitcoin (BTC) On-Chain Analysis: Market Metrics Show Capitulation
Be[in]Crypto takes a look at Bitcoin (BTC) on-chain indicators, focusing this week on the Market-Value-To-Realized-Value (MVRV), Reserve Risk and Puell Multiple. MVRV Z-Score MVRV is defined as the ra...
These 3 metrics suggest the Bitcoin price crash is not over
Bitcoin (BTC) near $20,000 is worrying the market, but after narrowly avoiding breaking support, is the worst really over? According to multiple on-chain indicators, it seems that max pain has yet to ...
Four Metrics Suggest the Bitcoin Market Bottom Is Near
Key Takeaways Bitcoin has dropped by nearly 70% from its all-time high. Several metrics now suggest that the market bottom is near. Still, BTC could fall to $15,670 before the trend reverses. Shar...
Traders think Bitcoin bottomed, but on-chain metrics point to one more capitulation event
The bull market euphoria that carried prices to new highs throughout 2021 has given way to bear market doldrums for any Bitcoin (BTC) buyer who made a purchase since Jan. 1, 2021. Data from Glassnode ...
On-Chain Metrics Suggest This Crypto Bear Market Won’t Be As Brutal as Past Cycles: Analytics Firm IntoTheBlock
Certain on-chain indicators suggest the crypto market’s current downtrend may not end up being as brutal as past bear markets, according to Lucas Outumuro, head of research at analytics firm IntoTheBl...
Total crypto market cap risks a dip below $1 trillion if these 3 metrics don’t improve
The total crypto market capitalization has ranged from $1.19 trillion to $1.36 trillion for the past 23 days, which is a relatively tight 13% range. During the same time, Bitcoin’s (BTC) 3.5% and Ethe...
5 metrics to monitor before investing in crypto during a bear market
Cryptocurrency bear markets destroy portfolio value and they have a dangerous tendency to drag on for longer than anyone expects. Fortunately, one of the silver linings of market-wide pullbacks is tha...
Axie Infinity [AXS] breaks out of tight range with these metrics hinting at a b…
AXS made it into the list of 31 May’s top gainers after rallying by more than 20% in the last 24 hours. The price pump was strong enough to knock AXS out of its tight range where it has been stuck for...
Bitcoin To Explode Higher Next Month? Crypto Analyst Benjamin Cowen Says Three Metrics Suggest June Rally Incoming
Popular crypto analyst Benjamin Cowen says three metrics indicate Bitcoin (BTC) could see a price bounce in June. In a new strategy session, Cowen tells his 746,000 YouTube subscribers the first metri...
Dogecoin Price To Surge 50%, Suggests This On-Chain Metrics
The Dogecoin price suggests an exciting scenario that might result in big profits for investors. Following a short setback, this upswing will commence, allowing market players to grab DOGE at a discou...
Bitcoin’s recent gains have traders calling a bottom, but various metrics remain bearish
On May 30, the total crypto market capitalization gained 4% and currently is within reach of a $1.3 trillion market capitalization. The move was enough to erase the losses from the previous seven days...
3 metrics contrarian crypto investors use to know when to buy Bitcoin
Buying low and selling high is easier said than done, especially when emotion and volatile markets are thrown into the mix. Historically speaking, the best deals are to be found when there is “blood o...
Fantom’s [FTM] TVL and metrics reveal that future price performance will be…
Bulls rearing to run this morning were dealt a shocking blow as Bitcoin fell below $29,000 and Ether crashed below $2,000 – once again. Other alts were quick to plunge, and so did their total-value-lo...
Cardano’s on-chain metrics reveal where ADA holders can book profit
While the world prepares for the Vasil Hard fork, a much-anticipated event set for next month, people seem to be taking their attention away from what Cardano is today in the excitement of what it can...
Decoding the metrics behind UNUS SED LEO [LEO] and its short-lived rally
It’s hard to resist a near-vertical rally, and especially when it comes from a top 20 cryptocurrency. Can such a trend last, or will it be gone with the wind? UNUS SED LEO [LEO] was one of those asset...
Ethereum’s on-chain metrics are troubled but ETH can go up high only if…
The crypto market has had quite a rough ride of late. The king altcoin Ethereum in the last 24 hours tanked by 3.54%. It followed BTC’s movement closely as ETH’s correlation to the king coin stood at ...
Is STEPN’s [GMT] run coming to an end? On-chain metrics indicate…
GMT, the token of recently hot “move-to-earn” mobile running game STEPN, went up nearly 39% in mid-May. In fact, the move-to-earn fitness app also saw its token GMT register strong gains in March and ...