While Bitcoin continues to struggle to exceed the $30,000 range, latest figures on key Bitcoin price metrics indicate a more bearish sentiment. Last week’s drastic meltdown of Terra ecosystem had a di...
Tag: metrics
Three Metrics Suggest a Key Trend on Stablecoins Following Terra UST Collapse
The Terra ecosystem collapsed earlier this month, with the LUNA token plunging to zero after the UST stablecoin lost its peg. The contagion risk subsequently spread to the stablecoin landscape. ? #Sta...
Altcoin prices briefly rebounded, but derivatives metrics predict worsening conditions
On May 12, the total crypto market capitalization reached its lowest close in 10 months and the metric continues to test the $1.23 trillion support level. However, the following seven days were reason...
Traders Shift From USDT To USDC Due To These Metrics! What Next ? – Coinpedia – Fintech & Cryptocurreny News Media
Last week as the Terra blockchain collapsed, the turbulence was felt by the whole cryptocurrency market as the major cryptocurrencies collapsed to its lowest level of 2022. In a week, more than $30 bi...
Does XRP have a chance of a bullish breakout? The metrics and indicators say…
XRP’s price is twisting and turning by the day as new developments from the SEC vs Ripple case and market movements influence the controversial coin. A day ago, XRP was down by around 5%, but at press...
Crucial Time For Cardano Holders! Here’s What Metrics Hints For ADA Price!
Since the time Cardano has plunged from its prime resistance level, Cardano is having a tough time dealing with the strong bearish influence. The Cardano’s native ADA price action still depicts a bear...
Is ApeCoin [APE] finally tired of swinging? Here’s what the metrics say about stability
ApeCoin [APE] has achieved a good deal of fame – and notoriety – thanks to its reputation of being a monkey token that swings both high and low without warning. But are recent events a sign that the t...
2 key Ethereum price metrics suggest traders will struggle to hold the $2K support level
Ether (ETH) price has been trying to establish an ascending channel since the May 12 market-wide crash that sent its price to $1,790. Currently, the altcoin’s support stands at $2,000, but the high co...
Two Ethereum Rivals Are Far Outperforming ETH in Pair of Key Metrics, Says Venture Capital Giant Andreessen Horowitz
Two altcoins are crushing Ethereum (ETH) in terms of active addresses and daily transactions, according to a new report from venture capital giant Andreessen Horowitz (a16z). The venture capital firm ...
Bitcoin Shows Signs of Bottoming per These Two Metrics
Contents Crypto Fear & Greed Index reaches March 2020 levels Weak hands are shaking off Bitcoin (BTC) is still trading near $30,000, which marks the bottom of a year-long price range. Despite over...
3 Metrics That Point Out Bitcoin May Ignite a Larger Move Very soon!
Bitcoin in a longer time frame appears to be pretty unsure of its upcoming move, but in the short-term, the asset is on the verge to make a huge move. In a 4-hr chart, the price is swinging with a bul...
3 Major Metrics Suggesting Bitcoin Is on Strong Support as BTC Aims at Upward Move
Arman Shirinyan Despite 60% retrace, long-term holders are still in business Jurrien Timmer, the director of global macro at Fidelity has provided many metrics about the current place of Bitcoin on th...
These Metrics Could Help Time the Bitcoin Market Bottom
Key Takeaways Bitcoin has lost more than 43,600 points over the past seven months. The top cryptocurrency now hovers around $30,000 while threatening to dip lower. Technical indicators suggest marke...
Cardano: Post sell-off, what do these on-chain metrics have to say about ADA’s future
Cardano, one of the most promising ecosystems has witnessed significant developments since its inception. These updates directly or indirectly had affected (aided) the native token, ADA’s price. Likew...
ApeCoin [APE] to swing high or stumble even lower? Metrics have the answer
The market’s latest stumble left Bitcoin trading at $31,456.23 while Ether was changing hands at $2,367.80. Naturally, altcoins are having a difficult time at the moment, but some tokens that usually ...
The Bitcoin conundrum: Metrics depict conflicting views for BTC
Bitcoin crashed to a weary low of $35,000 yesterday before stabilizing and moving sideways. It is a worrying time to be Bitcoin HODLers but, 2022 has been a turbulent year for them. Beginning with tig...
3 key metrics signal Terra (LUNA) price is preparing for a recovery
Terra (LUNA) price lost 31% over the past four weeks, erasing all of the gains accrued year-to-date and even though the token continues to outperform the broader cryptocurrency market by 20%, Terra is...
IOTA [MIOTA] comes to Panama and here’s how the metrics reacted
Alts are not having an easy time of it recently, as market fear and macro events prompt traders to look at Bitcoin [BTC], Ethereum [ETH], and other big coins as they search out stability and security....
2 key metrics point toward further downside for the entire crypto market
The total crypto market capitalization has been holding a slightly ascending trend for the past three months, and the $1.75 trillion support was most recently tested on April 27 as Bitcoin (BTC) bounc...
XRP Price Forecast : No Bull Rally Soon, On-Chain Metrics Hints Short Term Pull Back – Coinpedia – Fintech & Cryptocurreny News Media
Over the past few days, along with Bitcoin and other major cryptocurrencies, XRP too had declined. However, today, Ripple’s XRP is trading above its immediate resistance level of $0.60. Yet overall th...
XRP Faces Rejection At Key Resistance; Here’s What On-Chain Metrics Suggest
XRP has been on a downtrend owing to a lack of demand for over a week now. The coin has retouched a multi-month low at the time of writing. Broader market weakness also remains to be blamed along with...
Bullish on Bitcoin – Glassnode Pointed To Positive Changes in BTC’s Fundamental Metrics » NullTX
With the decline in activity in the bitcoin derivatives market, there is a formation of constructive medium- and long-term trends. These are the conclusions made by analysts of Glassnode. Over the pas...
Decentralized Trade Quantities Are Visible In Metrics In This Year And Will Be Even Worse
The current 30-day dex trade volume, according to Dune Analytics’ DEX Metrics dashboard, is at $70 billion. To catch up to March’s rise, it will take a lot of transaction volume, which doesn’t appear ...
Ethereum: What these metrics say about the good ol’ days
This past week, indications on price charts showed that altcoins’ performances toed the same line as BTC. Most altcoins recorded a significant decline in price. Although Ethereum recorded a day-high ...
Ethereum on-chain metrics trifecta flashes this signal for investors
Ethereum’s price has been trying to get out of the $3,000 range for quite some time but has failed in the face of investors booking profits. ETH has spent plenty of time stuck in this range. And, now ...
Twitter lags behind its competitors ‘in a lot of key metrics’
As a result of Elon Musk’s recent unsolicited $43 million bid to purchase Twitter (NYSE: TWTR), the social media network has received a great deal of attention, not just in terms of its stock price, b...
The Sandbox: $400M investment or not, traders, eye these SAND metrics!
The crypto-grapevine today is all abuzz with news about The Sandbox [SAND] as both mainstream news channels and crypto-companies reported on the Metaverse project’s latest update. The air is thick wit...
Is Bitcoin ‘cheap’ below $40,000? BTC derivative metrics are mixed
Bitcoin (BTC) dipped below $40,000 support on April 18, and the two-week 15% correction was enough to prompt predictions of $30,000 prices in the near term. Meanwhile, regulatory uncertainties contin...
Solana NFT marketplace integration and DApp metrics shine even after SOL’s 20% drop
Solana (SOL) price reached $143.50 on April 2 after an incredible 82% rally over a 20 day period. This positive performance can be attributed to recent NFT markets-related news and a marketwide bounce...
THORChain: Bearish charts yet positive metrics, here’s what to do with RUNE
THORChain has seen better days, definitely. Back towards the end of October, it had rallied nearly 120% and recently over 200% due to the low base effect. But looking at the larger picture shows a sli...