Cryptofan News Blog

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TA: Ethereum Resumes Decline, Here’s How The Bears Could Take Control

Ethereum failed to recover above the $2,300 resistance zone against the US Dollar. ETH price is moving lower and it is likely to accelerate lower below the $2,000 support. Ethereum failed to move above the $2,300 zone and started a fresh decline. The price is now trading well below $2,200 and the 100 hourly simple […]

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Kraken Daily Market Report for April 19 2021

Overview

Total spot trading volume at $3.1 billion, 72% above the 30-day average of $1.8 billion.

Total futures notional at $709.1 million.

The top five traded coins were, respectively, Bitcoin, Dogecoin, Tether, Ethereum, Ripple.

Strong return fr…

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TA: Here’s Why Bitcoin Price Is Primed To Revisit $52K Support

Bitcoin price struggled to recover above $57,500 against the US Dollar. BTC is now declining and it remains at a risk of more downsides towards $52,000. Bitcoin is facing an uphill task above the $57,000 and $57,500 levels. The price is now trading well below the $57,000 level and the 100 hourly simple moving average. […]