The Crypto Express

06 Sep 2024 17:27

VanEck announced today that it plans to close and liquidate its Ethereum futures ETF (EFUT). VanEck said it continuously monitors and evaluates its ETF offerings across a number of factors, including performance, liquidity, assets under management, and investor interest, among others. The decision was made to liquidate the Fund based on an analysis of these factors and other operational considerations.

The Crypto Express

06 Sep 2024 12:48

#WAXP/USDT ANALYSIS

WAXP is consolidating within a descending channel, with the price facing rejection from the resistance trendline.

Additionally, the Ichimoku Cloud is acting as a significant barrier. A clear breakout above the pattern is needed to confirm a potential upward move for WAXP.

The Crypto Express

06 Sep 2024 07:49

#BTC/USDT ANALYSIS

Bitcoin is consolidating within a falling wedge pattern, with recent price action facing rejection at the resistance trendline. The 21-day moving average is also acting as overhead resistance.

A breakout above the wedge could signal a strong upward move. However, if the price breaks below the support trendline, the pattern will be invalidated, potentially leading to further downside.

The Crypto Express

05 Sep 2024 15:48

#DYM testnet coming soon 👈

The Crypto Express

05 Sep 2024 11:44

#INJ/USDT ANALYSIS

INJ is currently consolidating within a falling wedge pattern, facing rejection from the resistance trendline. The 200-day moving average also acts as a resistance above the current price action.

A decisive breakout from the wedge would confirm a bullish move, while a breakdown below the support trendline would invalidate the pattern.

The Crypto Express

05 Sep 2024 06:28

Binance Will Support the Optimism (OP) Network Upgrade & Hard Fork
https://www.binance.com/en/support/announcement/e470c47567a64b4ba42cded18ceda5e1

The Crypto Express

04 Sep 2024 18:51

VC Giants a16z, Union Square Ventures get subpoenaed by New York about Uniswap

The Crypto Express

04 Sep 2024 17:39

CFTC issues order against Uniswap Labs for offering illegal digital asset derivatives trading 👀

The Crypto Express

04 Sep 2024 11:39

#IDEX/USDT ANALYSIS

IDEX is gaining momentum from the support trendline of a falling wedge pattern. It’s currently trading below the Ichimoku Cloud, which is serving as resistance.

A breakout above the Ichimoku Cloud and the wedge pattern could signal the start of a bullish trend.

The Crypto Express

04 Sep 2024 09:17

US spot bitcoin ETFs see $287 million in net outflows, largest negative flows since May

The Crypto Express

04 Sep 2024 06:28

Trump family members hacked to promote apparent crypto scam

The Crypto Express

03 Sep 2024 17:56

SEC charges crypto-focused advisory firm Galois Capital for custody failures

The Crypto Express

03 Sep 2024 15:16

#TON/USDT ANALYSIS

TON is consolidating firmly within a descending triangle, currently trading just above a key horizontal demand zone.

The Ichimoku Cloud overhead is acting as a strong resistance barrier.

A decisive breakout from both the triangle and the Ichimoku Cloud would likely trigger a significant bullish rally in TON.

Conversely, if TON breaks down from the triangle, it could lead to a further decline in price.

The Crypto Express

03 Sep 2024 08:51

#BTC/USDT ANALYSIS

Bitcoin is currently consolidating within an ascending triangle on the weekly timeframe, signaling potential bullish momentum. Trading above the Ichimoku Cloud, which acts as a dynamic support, further reinforces this strength.

The cloud’s support combined with the pattern’s structure suggests that Bitcoin may be gearing up for a breakout.

However, it’s crucial to wait for a decisive move beyond the triangle's resistance or a breakdown below the support level to confirm the next directional move.

Until then, patience is key as the market could go either way depending on forthcoming price action.

The Crypto Express

02 Sep 2024 16:18

#ETH/USDT ANALYSIS

ETH is currently consolidating within an ascending broadening wedge pattern, trading just above the support trendline. Both the 200MA and 100MA are acting as strong support, contributing to the bullish momentum.

A bounce from the trendline is likely if this momentum holds. However, if ETH breaks below the support trendline, it could signal further correction.

The Crypto Express

06 Sep 2024 15:44

#PEOPLE/USDT ANALYSIS

PEOPLE is trading within a descending triangle, with the price currently rejected by the resistance trendline. The 100MA is providing support below the current price action, while the 50MA is acting as a resistance barrier. A breakout or breakdown is required to confirm PEOPLE's next move.

The Crypto Express

06 Sep 2024 10:26

Ethereum Foundation to release financial report, holds roughly $650 million in main wallet.

The Crypto Express

05 Sep 2024 19:02

#USDT DOMINANCE ANALYSIS

USDT Dominance (USDT.D) is currently trading within an ascending channel, with the Ichimoku Cloud signaling bullish momentum. This points to a potential continuation of the current trend.

To confirm the next significant move, it’s essential to watch for a decisive breakout above the channel, which would suggest further USDT strength, or a breakdown below, indicating a possible reversal.

Since USDT.D usually moves inversely to the broader cryptocurrency market, these developments could provide insight into the overall market direction.

The Crypto Express

05 Sep 2024 14:23

#LTC/USDT ANALYSIS

LTC is currently trading within a descending channel and attempting to break through the channel's resistance trendline. Additionally, the Ichimoku Cloud is providing resistance just above the channel.

A decisive breakout above this trendline, followed by a successful retest, could signal the start of a bullish trend. Keep a close watch for confirmation.

The Crypto Express

05 Sep 2024 07:32

#BTC/USDT ANALYSIS

Bitcoin continues to trade within the descending triangle, currently holding above a key horizontal demand zone. The 200-day moving average is acting as resistance just above the triangle.

A breakout from this pattern could signal a bullish trend reversal. However, if the price breaks below the demand zone and confirms the breakdown with a retest, it may lead to further downside in the market.

The Crypto Express

04 Sep 2024 20:48

#US DOLLAR ANALYSIS

The US dollar recently broke down from a symmetrical triangle pattern with significant volume, signaling potential bearish momentum. The Ichimoku Cloud is also indicating a bearish outlook.

The dollar is currently retesting the broken support level. A successful retest would confirm the start of a bearish trend, while a failed retest could lead to further consolidation within the triangle.

This development could be bullish for the crypto market, as the US dollar and cryptocurrencies often exhibit an inverse relationship.

The Crypto Express

04 Sep 2024 18:47

#CFX

Pumped 7% after tweet alert✌️

We share all the important tweet news before anyone else, turn on our post notification and Pin our channel on top📍

The Crypto Express

04 Sep 2024 14:56

#FTT/USDT ANALYSIS

FTT is rebounding from the horizontal demand zone within a descending triangle and is currently consolidating inside the pattern.

The 100-day moving average is acting as resistance above the triangle.

A strong breakout above both the 100MA and the triangle, followed by a successful retest, would confirm a bullish trend.

The Crypto Express

04 Sep 2024 10:06

Polygon developers transition MATIC token to POL 👈

The Crypto Express

04 Sep 2024 07:09

#BTC/USDT ANALYSIS

Bitcoin is currently consolidating within a descending triangle, with a sharp rejection from the descending resistance trendline.

The price is now holding above the horizontal demand zone within the triangle, while the Ichimoku Cloud is acting as overhead resistance.

It’s crucial to wait for a decisive breakout or breakdown of the pattern. Keep a close watch on this setup.

The Crypto Express

03 Sep 2024 21:14

#TOTAL MARKET CAP ANALYSIS

The total cryptocurrency market cap is currently consolidating within a descending broadening wedge pattern, a structure often associated with potential reversals.

However, the Ichimoku Cloud is exerting significant resistance above the current price, leading to recent rejections at key levels. This resistance suggests that the market could experience further declines in the near term.

On the other hand, if the price manages to break above the Ichimoku Cloud, it would signal a shift in momentum, potentially leading to an upward movement across the crypto market.

This breakout could indicate a reversal of the current trend and open the door for a broader recovery in market prices.

The Crypto Express

03 Sep 2024 16:42

Is #Bitcoin Poised for a Turnaround? Short-Term Sharpe Ratio Mirrors September-October 2023 Levels!

“For those with a bullish outlook, the current dip in the Sharpe ratio might suggest an upcoming period of recovery... a bearish interpretation could see this as an indication of sustained volatility.

The Crypto Express

03 Sep 2024 12:31

#FLUX/USDT ANALYSIS

FLUX is currently exhibiting strong momentum, but it’s encountering resistance at a key horizontal supply zone. Despite this rejection, the Ichimoku Cloud beneath the price action indicates underlying bullish strength, suggesting the potential for further upward movement.

A breakout above the supply zone, followed by a successful retest, would provide a strong bullish confirmation, signaling the continuation of the upward trend.

The Crypto Express

02 Sep 2024 20:29

#ALTS MARKET CAP ANALYSIS

The ALTS market cap is currently consolidating within a symmetrical triangle, reflecting a phase of indecision with the potential for a significant move upon breakout or breakdown.

The 200MA is providing strong support, indicating bullish strength, while the 100MA is acting as a resistance barrier.

This resistance heightens uncertainty, suggesting that a decisive move above the 100MA could trigger a bullish breakout, while a breakdown below the triangle may confirm a bearish trend.

The Crypto Express

02 Sep 2024 15:13

NEW: #Bitcoin miners sold 2,655 BTC (💵 $154M) in the last two days 👀