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With our unique list of cryptocurrency exchanges and wallets, stay up to date on all price movements in the industry. Already hold cryptocurrency? Take advantage of the My Crypto Portfolio section and track your cryptocurrency holdings.
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Bitcoin Analyst/Economist, Willy Woo, is known for his stellar work on signaling models and tools to aid investment decisions. Well, now he has unleashed a new metric, the Bitcoin Difficulty Ribbon. How Difficult Can One Bitcoin Be? The ‘ribbon’ consists of several simple moving averages of mining difficulty, on timescales from 9 to 200 days. As difficulty generally goes up, …
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Ripple price is holding the $0.3140 support area, but struggling to gain traction against the US dollar. The price is facing a strong resistance near the $0.3200 and $0.3220 levels. There is a key bullish trend line forming with support near $0.3140 on the hourly chart of the XRP/USD pair (data source from Kraken). The price is likely to climb …
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ETH price found support near the $210 level and recently climbed higher against the US Dollar. The price broke the $215 resistance and it seems like there could be more gains in the near term. There is a connecting bullish trend line forming with support near $214 on the hourly chart of ETH/USD (data feed via Kraken). The pair is …
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Popular on-chain metrics analyst Willy Woo claims to have developed a Bitcoin price indicator that shows good opportunities to invest in the digital asset. He calls his discovery the “Bitcoin Difficulty Ribbon”. The indicator looks at how mining impacts Bitcoin’s price. The analyst believes that miner capitulation in the wake of increasing difficulty reduces selling pressure and leaves space for bullish …
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When it comes to determining the popularity of cryptocurrencies in Europe, it seems things are not looking all that great. For some reason, the continent has not seen much cryptocurrency-related activity, although things are not as dire as one might think. A new report by BitPanda confirms several countries note decent adoption rates in this regard, albeit there is still …
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