Bitcoin (BTC) Price Analysis for February 1
A further drop remains the more likely scenario for most of the coins, according to CoinStats.BTC/USDThe rate of Bitcoin (BTC) has declined by 5.35% over the last day.On the hourly chart, the price of BTC is about to fix below the local support at $77,181. If it happens, the decline may lead to a…
Stellar (XLM) Price Analysis for February 1
The crypto market keeps reaching new local lows, according to CoinStats.XLM/USDThe rate of Stellar (XLM) has declined by 2.11% since yesterday. Over the last week, the price has fallen by 16.6%.On the hourly chart, the price of XLM is about to break the local support at $0.1743. If bears' pressure…
SHIB Price Analysis for February 1
The end of the week is bearish for most of the coins, according to CoinMarketCap.SHIB/USDThe price of SHIB has dropped by 0.17% over the last 24 hours.On the hourly chart, the rate of SHIB keeps going down after a false breakout of the local support at $0.00000671. If the daily bar closes below…
20x ETH Long Emerges as Ethereum Crashes 10%, Reversal Coming?
Ethereum has crashed below $2,400, but a whale's contrarian approach is drawing attention in the market.Ethereum fell to a low of $2,245 on Saturday as selling intensified in the crypto market. As Ethereum fell in the market, Lookonchain revealed a whale opened a 20× long on 6,000 ETH worth $14.37…