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Bitcoin Squeezed Within Bearish Flag, Break Lower to 53K in the Cards?

25 Nov 2021 2 minute read 0 comments FX Empire $0.24

Bitcoin is being squeezed within a bearish flag, with support in the mid-55,000s holding for now, but the risk of a bearish breakout growing. Bitcoin (BTC/USD) has spent the last week consolidating within a bearish triangle formation. To the downsid...

Ether (ETH) Holds Above $4,200 While Selling Pressure Persists

25 Nov 2021 1 minute read 0 comments FX Empire $0.42

The $4,000 level is presenting itself as the “line in the sand” for the sellers in Ether in the short term. Ether (ETH) is trapped in a stagnation zone around the $4,300 level while being supported by the 50-period simple moving average at th...

Ethereum Price Prediction – A Bullish Cross Would Bring $4,700 Into Play

24 Nov 2021 1 minute read 0 comments FX Empire $0.24

It’s been a bearish morning. Avoiding a fall back through the day’s pivot, however, would give the bulls a run at $4,700… At the time of writing, Ethereum, ETH to USD, was down by 1.12% to $4,292.98. Ethereum rose to an early morning high $4,359.88...

Shiba Inu Drops in Coinbase Volume Rankings. Is SHIB's Popularity Fading?

24 Nov 2021 1 minute read 0 comments FX Empire $0.07

SHIB has slipped to the twelfth place in crypto market ranking as the frenzy reduces. Shiba Inu was one of the best-performing cryptocurrencies a few weeks ago, but it has now slipped in terms of market ranking. Shiba Inu Slips in Coinba...

Institutional Investors Not Concerned By The Crypto Sell-Off

24 Nov 2021 1 minute read 2 comments FX Empire $0.58

Top crypto asset manager Grayscale revealed on November 19 that it saw over $51.9 billion in assets under management. Institutional investors’ behavior tends to favor the “buying the dips” strategy when the crypto market gets knocked off by a sellin...

CBDCs appeal more to governments than proper cryptocurrencies.

24 Nov 2021 2 minute read 5 comments Dzoelx $0.83

Source For a moment I thought; “that move by El Salvador was supposed to trigger an era of national cryptocurrency adoption”. Well, it was actually too early to say that. National governments will have a very hard time accepting cryptocurrency in it...

Bitcoin Elliott Wave Analysis: Possible Short-Term Recovery Before Turning Down

24 Nov 2021 1 minute read 0 comments FX Empire $0.47

Crypto market remains under bearish pressure and there can be room for more weakness, especially now when we see strong daily reversal on stocks, just watch out for intraday pullbacks. Two days ago Microstrategy CEO Michael Saylor Discussed that...

Dogecoin (DOGE) Attempts To Sustain Buying Interest Above $0.22

23 Nov 2021 1 minute read 0 comments FX Empire $0.55

DOGE should hold above $0.21 to allow another bullish wave that takes it towards the $0.30 level. The major meme coin, Dogecoin (DOGE), has been hovering within negative waters below the $0.23 level following a selling wave that smashed the price ac...

Michael Saylor: Bitcoin to Replace Gold This Decade

22 Nov 2021 1 minute read 0 comments FX Empire $0.46

The MicroStrategy chief said there’s a war going on, with bitcoin one side vs. gold and silver on the other. With bitcoin hovering below $60,000, the cryptocurrency community has shifted its attention toward building once again instead of pri...

Google Searches for NFTs Skyrocketed to All-Time Highs

21 Nov 2021 1 minute read 0 comments FX Empire $0.25

The Asian region has the biggest search queries for “non-fungible token” and “NFT” terms. Did somebody say that NFTs are on fire? That’s one of the main phrases that it’s being read across the crypto communities, and it’s something prove...