Bitcoin Cools Off below $46.5k, Will High U.S. Inflation Support Bulls?
Bitcoin prices are up a moderate 10 percent from January 2022 lows. However, they are frustratingly stable at the time of writing.
Crypto Economy section, we will publish every week the technical price analysis of Bitcoin [BTC], Ethereum [ETH], Ripple [XRP] and other cryptocurrencies.
These analyzes are prepared by our specialists based on the evolution of the markets.
A technical price analysis provides excellent and useful information that can help us know when is the best time to make movements in our investments or when it is not a good time to operate.
But we must not only take this information into account, the monitoring of the prices of a cryptocurrency must be accompanied by an investigation into the latest news related to it.
So we can get an idea about whether the price increase or decrease has occurred due to an event related to the project or if it could be a market manipulation, etc.
Bitcoin prices are up a moderate 10 percent from January 2022 lows. However, they are frustratingly stable at the time of writing.
For Ethereum traders, it has been a depressing few weeks and a discouraging start of the year. While the crypto January barometer read red, there are
The Ripple could be stable when writing. However, this is not discounting the fact that the coin is under immense selling pressure. To illustrate, XRP is
The Bitcoin selloff continued on Thursday as news from the U.S. Federal Reserve meeting in December came out hawkish.
The Ethereum price is fluctuating in a tight range, reading from details in the daily chart. Thus far, after posting losses on January 3, the recovery
The Ripple price remains in range mode in a bearish formation at the turn of the New Year.
The Bitcoin price continues to swing as the BTC bulls flow back to close 2021 on a stronger foot. At the time of writing, there is
The Ethereum price is trading below $4k, posting double-digit losses on December 28. Following those sharp losses, the trading community is apprehensive, staying on the sidelines
The Ripple price is relatively steady at the time of writing. After mid-last week’s losses, XRP prices are back to the bear way, judging from the
Ethereum prices are largely choppy. Still, after posting sharp losses in early December, there are hints of strength when writing.
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