JUST IN: 🇭🇰 Hong Kong approves spot #Bitcoin & #EthereumETF application.
🧐ETF flows are driving #crypto
🧐ETF flows are driving #crypto
#Snx
Gave Us Another Chance For Entry Middle East Tensions Cause More Correction Than Our Expectations Now Testing Solid Support Incase Of Successful Retest Expecting Higher High Soon Still Expecting 3-4x Bullish Wave In #Synthetix
Gave Us Another Chance For Entry Middle East Tensions Cause More Correction Than Our Expectations Now Testing Solid Support Incase Of Successful Retest Expecting Higher High Soon Still Expecting 3-4x Bullish Wave In #Synthetix
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#Coti
Getting Ready For Another Bullish Rally Breakout & Retest Has Already Confirmed Expecting 3-4x Bullish Wave In Midterm
Getting Ready For Another Bullish Rally Breakout & Retest Has Already Confirmed Expecting 3-4x Bullish Wave In Midterm
#Link
Moving As Expected Already Running 200%+ Since Breakout Now Seems Like Healthy Correction Has Completed And Getting Ready For Another Solid Bullish Rally Towards 30 & Than Final Target 45-50$ In Coming Months
Moving As Expected Already Running 200%+ Since Breakout Now Seems Like Healthy Correction Has Completed And Getting Ready For Another Solid Bullish Rally Towards 30 & Than Final Target 45-50$ In Coming Months
#Floki
Formed Bullish Flag & On Verge Of Breakout Incase Of Successful Breakout Expecting 60-65% Bullish Wave In Coming Days
Formed Bullish Flag & On Verge Of Breakout Incase Of Successful Breakout Expecting 60-65% Bullish Wave In Coming Days
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Calm Before the Storm: XRP Anticipating Massive News (Ripple Price Analysis)
Ripple has been one of the underperforming cryptocurrencies during the recent bull market, as it failed to rise like Bitcoin and Ethereum over the last few months. Yet, things might be about to change soon.
Ripple Price Analysis: Technicals
The USDT Paired Chart
Against USDT, the cryptocurrency has recently rebounded from the $0.43 and $0.50 support levels and is on its way to testing the $0.6 resistance zone. The 200-day moving average is also around the $0.6 level and can provide additional resistance.
However, if the price successfully climbs back above this area, investors can be hopeful that a rally toward the $0.7 mark and potentially beyond is probable.
Ripple has been one of the underperforming cryptocurrencies during the recent bull market, as it failed to rise like Bitcoin and Ethereum over the last few months. Yet, things might be about to change soon.
Ripple Price Analysis: Technicals
The USDT Paired Chart
Against USDT, the cryptocurrency has recently rebounded from the $0.43 and $0.50 support levels and is on its way to testing the $0.6 resistance zone. The 200-day moving average is also around the $0.6 level and can provide additional resistance.
However, if the price successfully climbs back above this area, investors can be hopeful that a rally toward the $0.7 mark and potentially beyond is probable.
Bitcoin ETF Outflows Hit $120M as BTC Price Slipped by $4K Daily
BlackRock’s IBIT broke its 71-day inflow streak, halting its ascent on the list of the top ten ETFs with the longest inflow streaks.
After a few days of hovering above $66,000, bitcoin has dropped to a low of $63,500 amid heightened volatility.
Coincidentally (or not), the amount of outflows from the United States spot Bitcoin exchange-traded funds market on April 24 hit $120 million.
BTC Plunges by 4.5%
Data from CoinMarketCap shows that BTC lost roughly 4.5% of its value within a few hours, plummeting from $66,700 to $63,500. Although the leading cryptocurrency had recovered slightly by the time of writing and was changing hands at $64,000, it was still in the red and down 3.8% from its value the previous day.
Bitcoin’s fall from the $66,000 level dragged a large portion of the crypto market down, wrecking over 91,000 traders with liquidations running into $208 million, per data from CoinGlass. Short liquidations totaled $32.18 million.
BlackRock’s IBIT broke its 71-day inflow streak, halting its ascent on the list of the top ten ETFs with the longest inflow streaks.
After a few days of hovering above $66,000, bitcoin has dropped to a low of $63,500 amid heightened volatility.
Coincidentally (or not), the amount of outflows from the United States spot Bitcoin exchange-traded funds market on April 24 hit $120 million.
BTC Plunges by 4.5%
Data from CoinMarketCap shows that BTC lost roughly 4.5% of its value within a few hours, plummeting from $66,700 to $63,500. Although the leading cryptocurrency had recovered slightly by the time of writing and was changing hands at $64,000, it was still in the red and down 3.8% from its value the previous day.
Bitcoin’s fall from the $66,000 level dragged a large portion of the crypto market down, wrecking over 91,000 traders with liquidations running into $208 million, per data from CoinGlass. Short liquidations totaled $32.18 million.