Price analysis 5/2: BTC, ETH, BNB, SOL, XRP, LUNA, ADA, DOGE, AVAX, DOT
BTC and altcoins are holding at their current support levels, but this week’s comments from the Federal Reserve could be a determining factor in short-term price action.
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BTC and altcoins are holding at their current support levels, but this week’s comments from the Federal Reserve could be a determining factor in short-term price action.
Bitcoin’s inability to hold above $40,000 has traders now targeting extreme lows in the $25,000 zone, a move that would be absolutely deadly for most altcoins.
BTC and select altcoins could be gearing up for an oversold move, but traders beware, it's likely to be a dead cat bounce.
Analysis from CoinShares shows investors favored smaller altcoins last week as capital outflows for Ethereum hit $17 million.
Bitcoin and select altcoins are attempting a recovery, but the most likely outcome of any breakout is strong selling at higher levels.
Bitcoin and altcoins continue to bounce off underlying support areas, raising the chance that a sharp down-side move could occur.
BTC and altcoins remain stuck within a tight range, suggesting that the sideways trading could continue in the short-term.
Bitcoin and select altcoins slipped below their immediate support levels, opening the door for further downside.
The raise comes as total value locked on the Avalanche blockchain remains steady at around $14.6 billion.
New York-based blockchain company, Ava Labs, which leads the development of the Avalanche network, is reportedly raising $350 million at a $5.25 billion valuation. The latest talks about capital infusion…