The Crypto Express

22 Jul 2024 09:41

🇺🇸 The news of Joe Biden's rejection of the democratic representation in the upcoming US election led to an immediate small panic drop in crypto prices.

Though wildly different circumstances, the news of the Trump attempted assassination from 2 weeks ago caused a similar price pattern. Throughout the closing hours of Sunday, prices quickly bounced after an initial drop, and are now quite volatile to start the week.

Expect for Biden's endorsement of Kamala Harris as a signal that any news of her or other potential replacement candidates will be consistently trending topics that impact crypto. Regardless of your own vested interest (or indifference) to US politics, social volume of these major topics continue to prove fragile correlations with speculation-driven cryptocurrency prices.

The Crypto Express

21 Jul 2024 21:33

BREAKING: elonmusk IS REPPING LASER EYES PFP

The Crypto Express

21 Jul 2024 19:56

BREAKING: 🇺🇸 Joe Biden officially drops out of the 2024 presidential race.

The Crypto Express

21 Jul 2024 08:36

#BTC/USDT ANALYSIS

Bitcoin is currently maintaining its position above the neckline of the cup and handle pattern, suggesting the potential for a significant upward movement. This bullish sentiment is further supported by the Ichimoku cloud, which also indicates strength in the market.

However, it is important to note that if Bitcoin fails to sustain this level and breaks down below the neckline, the cup and handle pattern will be invalidated, and the anticipated bullish move may not materialize.

The Crypto Express

20 Jul 2024 16:46

#ORDI/USDT ANALYSIS

ORDI is consolidating within a falling wedge pattern, currently rebounding from the wedge's support trendline. The Ichimoku cloud is serving as resistance above the wedge.

A solid breakout above the Ichimoku cloud and the wedge's resistance trendline could signal substantial gains.

Conversely, if ORDI breaks below the wedge's support trendline, the pattern will be invalidated. Patience is key as we await a decisive move to confirm the next trend.

The Crypto Express

20 Jul 2024 07:53

#BTC/USDT ANALYSIS

Bitcoin has recently broken out of the cup and handle pattern, a bullish chart formation that typically signals the continuation of an uptrend. Currently, it is testing above the neckline, a key resistance level.

Adding to the positive sentiment, the 21MA is acting as a support level, providing further stability to the price. If Bitcoin can successfully hold above this level, it could pave the way for a strong bullish rally in the market

The Crypto Express

19 Jul 2024 18:05

Binance gets court approval to put certain customer fiat funds in U.S. Treasury Bills 👈

The Crypto Express

19 Jul 2024 15:40

Retail #Bitcoin  demand plunges to 3-year low.

The Crypto Express

19 Jul 2024 09:20

#BTC/USDT ANALYSIS

Bitcoin is currently consolidating within a descending channel pattern and is facing resistance from the Ichimoku cloud, which indicates bearish momentum.

Meanwhile, the 200MA is acting as support, demonstrating bullish strength. We need to wait for a successful breakout above the Ichimoku cloud and the channel's resistance trendline to signal a potential bullish rally.

On the other hand, if Bitcoin breaks below the 200MA and the channel's support trendline, we could see a market correction.

The Crypto Express

18 Jul 2024 14:45

#CTSI/USDT ANALYSIS

CTSI is rebounding from the support trendline of the wedge pattern and is currently consolidating within the pattern.

Both the 21MA and the 50MA are acting as resistance. A solid breakout above both moving averages and the falling wedge pattern would indicate a bullish trend.

Conversely, if CTSI breaks below the support trendline, the pattern will be invalidated.

The Crypto Express

18 Jul 2024 10:02

Polygon plans to migrate MATIC to POL token on Sept. 4

The Crypto Express

18 Jul 2024 07:26

#BTC/USDT ANALYSIS

Bitcoin is experiencing a robust rebound from its support trendline, yet it faces resistance from the Ichimoku cloud, reflecting current bearish momentum.

To gain a clearer bullish outlook, it is crucial to await a breakout above the Ichimoku cloud and the horizontal supply zone.

This breakout would signal a potential shift in market sentiment and pave the way for Bitcoin to reach new peak levels.

Patience is key as the market tests these critical resistance levels, but a successful breakout could mark the beginning of a significant upward trend.

The Crypto Express

17 Jul 2024 20:54

#TOTAL MARKET CAP ANALYSIS

The total cryptocurrency market cap is consolidating within a bull flag pattern and is presently trading within the Ichimoku cloud. For a bullish continuation, it is crucial to wait for a successful breakout from both the Ichimoku cloud and the bull flag pattern, indicating strong upward momentum.

However, caution is advised as a break below the support trendline of the bull flag would invalidate the pattern, suggesting a potential shift in market sentiment and the possibility of further downside movement.

The Crypto Express

17 Jul 2024 14:30

#FET/USDT ANALYSIS

FET is bouncing from the horizontal demand zone of the descending triangle. The 200MA is acting as support, indicating bullish momentum, while the 50MA is acting as resistance above the triangle's resistance trendline. We need to wait for a successful breakout or breakdown to confirm FET's next move.

The Crypto Express

17 Jul 2024 09:29

Bitcoin spot ETFs had a total net inflow of $423 million on July 16, continuing net inflows for 8 consecutive days. BlackRock ETF IBIT had a single-day inflow of $260 million, and Fidelity ETF FBTC had a single-day inflow of $61.053 million.

The Crypto Express

22 Jul 2024 09:03

#BTC/USDT ANALYSIS

Bitcoin is currently trading near its resistance trendline after a robust rebound from the support trendline, indicating strong upward momentum.

Positioned above the Ichimoku cloud and the 100-day moving average, which are providing significant support, the current price action suggests bullish sentiment.

A breakout above the resistance, followed by a successful retest, could trigger another bullish rally, potentially pushing the price higher.

However, there is also the possibility of a decline if the price fails to break through the resistance trendline, emphasizing the critical nature of this juncture in Bitcoin's price trajectory.

The Crypto Express

21 Jul 2024 21:06

#BTC DOMINANCE ANALYSIS

BTC.D is consolidating within a symmetrical triangle chart pattern, with the Ichimoku cloud serving as a support below the current price action of the BTC.D. Further movement is anticipated within the triangle until a decisive breakout or breakdown occurs. It's noteworthy that BTC.D typically exhibits an inverse relationship with the Alts market cap.

The Crypto Express

21 Jul 2024 13:38

#XRP/USDT ANALYSIS

XRP is consolidating within a symmetrical triangle pattern and currently rebounding from the support trendline. The Ichimoku cloud is acting as resistance above the price action. We need to wait for a solid breakout or breakdown before taking any action.

The Crypto Express

20 Jul 2024 19:42

#S&P 500 ANALYSIS

The S&P 500 has broken out of a cup and handle pattern and is currently trending upward. Additionally, the 21-day moving average is acting as support, and the Ichimoku cloud indicates a bullish trend.

Presently, it is moving downward for a retest and to fill the CME gap, which is above the breakout point. A successful test will likely result in a strong upward movement in the S&P 500.

The Crypto Express

20 Jul 2024 11:06

We have now made the Spot Bitcoin ETF metrics accessible to all our users. View the latest ETF balances and flows from VanEck, BlackRock, Fidelity, and others in near real-time.

The Crypto Express

19 Jul 2024 20:19

#USDT DOMINANCE ANALYSIS

USDT.D is currently forming a rising wedge pattern and appears to be approaching the support trendline. The Ichimoku cloud is acting as a support below the current price action.

A sustained breakdown of the rising wedge and Ichimoku cloud would confirm a bearish trend, whereas a bounce from the support trendline would indicate further consolidation within the wedge pattern. It's important to note that USDT.D tends to move inversely to the crypto market.

The Crypto Express

19 Jul 2024 16:52

Binance Will Support the IoTeX (IOTX) Network Upgrade & Hard Fork
https://www.binance.com/en/support/announcement/5e302f2b6a284093ac18897c7f7bf577

The Crypto Express

19 Jul 2024 15:31

#PEPE/USDT ANALYSIS

PEPE has broken out of the descending channel with significant volume and is currently trading above it. The Ichimoku cloud is now acting as support.

We need to wait for a successful retest. A successful retest above the channel would indicate further bullish momentum for PEPE.

The Crypto Express

18 Jul 2024 21:06

#US DOLLAR ANALYSIS

The US dollar has broken down from a symmetrical triangle pattern with significant volume and is currently trading inside the Ichimoku cloud. We can anticipate a retest of the triangle.

A successful retest could signal the beginning of a bearish trend for the dollar. Interestingly, this development might bode well for the crypto market, as the relationship between the two tends to be inversely proportional.

The Crypto Express

18 Jul 2024 13:33

CME Group futures now represent over 83% of the calendar futures market for Bitcoin and 65% for Ethereum, highlighting CME's growing influence in institutional trading.

The Crypto Express

18 Jul 2024 09:51

🚨 Urgent: Indian Exchange Hacked

WazirXIndia India’s Safe Multisig wallet on the $ETH network has been compromised.

A total of $234.9M has been moved to a new address. Each transaction’s caller is funded by TornadoCash.

The Crypto Express

17 Jul 2024 22:02

BREAKING: 🇺🇸 Donald Trump says Jamie Dimon has suddenly “changed his tune” on his anti #Bitcoin  stance:

The Crypto Express

17 Jul 2024 19:10

StarkWare verifies zero-knowledge proof on Bitcoin test network 👈

The Crypto Express

17 Jul 2024 13:10

Bitcoin currently sees around $46.4 billion in on-chain volume daily, comparable to traditional payment processors like Visa and Mastercard. Filtered economical transfer volumes are closer to $6.5 billion per day.

The Crypto Express

17 Jul 2024 09:12

Trump says he wants US in charge of crypto before China, teases another NFT launch