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29/12/2021

Do you believe in the success of Ethereum?

The last week marked a reasonable recovery while Ethereum poked their two-week highs on 24 December. Ethereum seemed to hold the $4,000 mark and now strove to test its immediate resistance.

ETH grew by nearly 11.9% (from 17 December low) and poked its two-week high on 25 December. The bulls managed to sustain the price above the $4000-level while the bears tested it twice in the last two days.

The rally continued to find resistance at the $4,156-mark that coincided with the upper channel and 200-SMA. Now, the immediate testing support stood at the $4,000-level.

At press time, ETH traded at $4,088. The RSI saw a pullout after poking the 66-point and now swayed near the 48-mark. However, The OBV did not correspond with the uptrend. Also, the broader directional strength for ETH remained substantially weak as per the ADX.
https://buff.ly/3EyFWvO

ETH has been successful in keeping its price above $4,000. However, the upwards momentum is weak. Key Support levels: $4,000 Key Resistance levels:

29/12/2021

Do you believe in the prediction of cryptocurrency growth?

The cryptocurrency market has become bullish, with the total market value of the crypto sector reaching $2.53 trillion, https://buff.ly/32F8FSH reported. Bitcoin (BTC) showed the biggest increase, rising 3.28% and breaking the psychological barrier of $51,000 to reach $51,382. The market value of BTC reached $964 billion.

Most alternative coins have mimicked BTC’s performance as of late, and the past 24 hours are quite similar. Ethereum went down to $4,000 yesterday, but a minor daily increase has reaffirmed its stance above that particular level.

Binance Coin, Avalanche, Polygon MATIC are also slightly in green.

Nonetheless, with low retail euphoria and overheated futures market whether the recent trajectory is, in fact, a bull run or a mere bull trap before the year closes, is still a matter of debate.

https://buff.ly/3qxS6jw

28/12/2021

And your opinion: does the Bitcoin rally continue?

Bitcoin (BTC) has been hovering under the key resistance of $51K for the past week despite the market sentiments growing bullish in the holiday season and earlier today it finally managed to breach it.

After an eventful first quarter of 2021, the crypto market registered two massive market corrections of over 50% during the second quarter.

However, things started to look bullish again with October as BTC and several other altcoins hit new all-time highs, but November and December turned bearish again.

BTC is now looking to gain back some bullish momentum towards the end of December mimicking the start of the bull season last year. The circumstances also seem quite similar since COVID’s new variant omicron along with growing inflation and financial stability could again make Bitcoin the go-to store of value.

Bitcoin price analysis further shows that an engulfing weeklycandle witnessed on Sunday might prove beneficial for the price action. The MACD indicator that

25/12/2021

To our valued business partners and clients, all of us here at CloseCross wish you happiness and peace.

Here is a special greeting at Christmas time to express to you our sincere appreciation for your confidence and loyalty over the last year.

In warm appreciation of our association over the past year, we extend our very best wishes to you and your families and look forward to working with you again in the new year.

Christmas is the perfect time of year to let you know how much we appreciate you. Wishing you and your loved ones a very Merry Christmas and a Happy New Year.

25/12/2021

Do you believe in Ethereum breakthrough above $ 5,000?

The recessive mood of the market has evident impacts on the market’s giants. Ethereum was the leading gainer but has been affected by the change to bearishness.

The previous few days recorded gains for it, and it seemed to be going in the right direction. The recent change has reversed its profits, as it has lost 2.38% in the last 24 hours.

The Ethereum 2.0 might help with the volatile situation, seeing growth. Investors are mainly attracted to those coins where they see prospects for gains, and Ethereum can do that. The global market cap will also improve if Ethereum sees a breakthrough.


The recent developments have brought its price to $3.930K, while its trading volume is estimated to be $14,720,00,793 for the last 24 hours. A peek at the market cap shows that it is approximately $467,611,090,253.

It is yet to be seen how long will Ethereum continue to linger and regain its track.

Ethereum price has rallied approximately 3% in the past 24 hours to reclaim the crucial $4,000 level as the market turns green.

24/12/2021

At what price do you think Bitcoin will enter 2022?

The Bitcoin (BTC/USD) price has been in a tight range in the past few months. The coin has found substantial support at about $45,000. It has also resisted moving above the psychological level of $50,000.

Other leading cryptocurrencies like Ethereum and Litecoin have had the same price action.

A quick look at the four-hour chart shows that a dangerous pattern has emerged. As you can see, the Bitcoin price has found substantial support at about $45,000 level. This is a similar pattern that happened in July when it struggled to move below $30,000. But now, the coin has formed a descending triangle pattern that is usually a bearish sign.

Therefore, a break below $45,000 will signal that bears have prevailed, meaning that they could drag the coin below $40,000. A move above the upper side of the triangle will signal that the descending triangle has been invalidated.

Even though Bitcoin and Ethereum are growing, the market is in a bearish mood, where the small coins are continuing to lose.

24/12/2021

Do you believe the Bitcoin rally will continue?

The flagship cryptocurrency has been ranging between $46K and $50K ever since it gained momentum after nosediving to the $42,000 level on December 4.

Bitcoin was just a stone throw away from the psychological price of $50,000 by hovering around $49,310 during intraday trading, according to CoinMarketCap.

Meanwhile, the hodling culture in the Bitcoin market continues to gain steam, given that the number of addresses hodling more than 10,000 BTC recently rose to 90.

It is too early to say anything at this point whether today’s price surge represents a trend reversal from the downfall. The fluctuations might continue as the price correction might take time. Also, if the Santa rally reinforces it, Bitcoin might grow even further, taking the market up with itself.

The world's largest cryptocurrency Bitcoin has been showing volatile price swings in recent times. After falling under $46,000 on Monday, December 20, the

20/12/2021

Where do you think the price of crypto will be at Christmas?

The time for recovery is no more a dream, and the market has begun to improve.

The biggest change in the market is the improvement seen in bitcoin. It had lagged in development and saw significant setbacks. The losses amounted to more than $10K, a blow to a skyrocketing currency.

Since bitcoin has begun to recover, it hopes that it will be back on track to its previous gains. The last two days have been especially hopeful when it turned the bearish trend to bullish.

Ethereum, like bitcoin, is also on the positive side of trajectory and has remained bullish during the last 24 hours. It was also amongst the top affected during the last few days. It suffered a loss amounting to $1K, which means it shed a significant amount.

Investors are expecting further improvement in the market, which will soar higher if favorable conditions.

Bitcoin's comeback to the market is seen as a positive sign for the overall growth of the market as it will add value to the global market cap.

20/12/2021

How do you feel about the volatility of Bitcoin?

The worldwide crypto market capitalization is currently $2.20 trillion, increasing 3.36% over the last day. Whereas the total crypto market volume over the last 24 hours is $101.01 billion, which makes a 0.73% increase.

Ethereum started a steady recovery wave above the $3,800 and $3,850 resistance levels. ETH was able to gain pace after there was a close above the $3,850 level.
The bulls push the price above the 50% Fib retracement level of the key decline from the $4,175 swing high to $3,666 low. Besides, there was a break above a key bearish trend line with resistance near $3,840 on the hourly chart of ETH/USD.

The top altcoin even after the recent selloffs maintained above the crucial $3955 level but lost over 10% price at press time.

15/12/2021

Are you ready to break through resistance at Christmas?

The current situation of bitcoin seems to be stable after the previous steep changes. It was on a free fall from $59K and had reached $48K. Since then, it has kept the prices stable and has made efforts for further stability.

The situation for Ethereum has not improved either. It is most likely as the aftershocks of bitcoin’s suffering that other coins in the market are witnessing losses. Bitcoin’s role as the flag-bearer currency in the crypto market has made it responsible for stability.

Ethereum is likely to get affected if there is some major change taking place in the value of Bitcoin. The same happened to it during the recent recession, where it showed positive signs as well, but the overall trend was that of shedding price.

So far, Ether has withstood the sellers' onslaught, defending the round level and the September highs area. However, a fifth consecutive week of declines is lousy publicity for cryptocurrencies. The key demand drivers are still speculative expectations of price growth rather than company performance as in shares.

Investors should also note that Bitcoin often makes strong moves around Christmas
https://buff.ly/3oSonlR.

After a mixed week, Bitcoin (BTC) and Ethereum (ETH) would need to revisit last week's highs to avoid a week in the deep red.

14/12/2021

You probably don't like the fact that the largest cryptocurrency goes sideways either?

Bitcoin tried its hand once again at the $50,000 mark but, as with all recent previous attempts, failed. The altcoins are also indecisive in their movements, with most slightly in the red. Ethereum fights to stay above $4,000.

The cryptocurrency market was nursing its weekend wounds as investors tried to gradually pick up beaten-down altcoins. However, the majority of tokens, including Bitcoin and Ethereum, continued to bleed.

The largest cryptocurrency by market capitalization, Bitcoin, faced a bit of a sell-off and hovered around $48,000 mark and ETH too fell lower. If Ethereum falls below the crucial support at $4,000, we might see a major dip across altcoins.

Ever since last Saturday’s crash when BTC dumped from $58,000 to $42,000, the asset has been unable to reclaim $50,000, despite trying on multiple occasions.

The global crypto market cap declined about a percent to $2.25 trillion mark as compared to the last day.

Not financial advice. Capital at risk

Bitcoin price is hovering around a crucial support level for the ninth day in a row. This sideways movement indicates a lack of strength and is likely

09/12/2021

Admit that you have no doubts about Etherium?

Ethereum’s price action during the flash crash is pretty remarkable. Most altcoins are lower by double digit percentages either their daily or weekly candlesticks and some are down on both.

Heck, some altcoins are lower by more than 30%. Ethereum, however, appeared unfazed by the move. ETH was down almost 15% at one point last week, but bulls came in hard and rallied Ethereum to a modest -2.21% weekly close.

There is an extremely high probability of a renewed uptrend for Ethereum any day now.

Etheruem’s daily chart shows more indications that a new uptrend may occur very soon. There is a clear defense of the $4,000 to $4,100 value area as support as any clear attempt to push ETH lower has been met with strong buying.

Ethereum is facing resistance near the $4,250 zone against the US Dollar. ETH must stay above $4,000 to start a steady increase in the near term.