TrendsWide
Contact US
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
No Result
View All Result
Home Cryptocurrency

Crypto Market Rebound! The Start Of Bullish Cycle Or Another Correction Imminent? 2021

by souhaib
November 20, 2021
in Cryptocurrency
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT


 The digital coin market has turned about from the price suppressing momentum as coins from the crypto space initiate to rebound. Numerous cryptocurrencies have registered appreciable greener numbers. The distinctive move by the market has brought cheer amongst traders and investors in the crypto street. 

You might also like

6 Fantastic Uses Of Cryptocurrency

Where to Buy ETH Online?

Identifying a Suitable Platform from Biggest Cryptocurrency Exchanges

Meanwhile, sections do ponder over the possibility of the rise being short-lived. As the market cycles are turning longer than expected. Consecutively, popular crypto analyst hints at a short-term market bounce. 

Should Traders Play Safe?

The crypto street is rising at an appreciable rate, the market cap of the space is up by 7.0% at $2,746,714,145,610. While the dominance of the star crypto is at 40.4%. Most of the leading cryptos have been registering good numbers. Bitcoin is up by about 4.6%, Ethereum by 6.2%, Solana by 9.9%. ADA and XRP by 5.2% and 5.1% respectively. The above-mentioned stats are however from press time.

While folks from the industry praise the bullish leg-up, sections are expecting another correction. Consecutively, the crypto analyst believes that we are in for a short-term bounce on Bitcoin. And the market is very well aware of altcoins following the traits of the leading crypto. 

In addition, sources suggest that the largest 1-hour Tether inflow to exchanges of the entire year occurred on Thursday. With over 771.6 M USDT that was transferred to exchanges. In just about 6-hours time, 454 M USDC was then transferred to exchanges, which is a 4-months high. The movement of stable coins to exchanges signals a massive trader initiative to buy the dip.

Collectively, the forecast of a short-term bounce does seem justifiable, as the market has been witnessing lengthening cycles. We might encounter another pullback along the path. While traders are optimistic about BTC price claiming the $100,000 milestone. Crypto proponent highlights that for BTC to hit $100,000 by year-end, it needs to gain around 1.1% a day. 





Source link

Share this:

  • Twitter
  • Facebook
  • More
  • Pinterest
  • Telegram
  • Email
Share30Tweet19
Previous Post

Victorian child under 10 becomes youngest Australian to die from Covid-19

Next Post

Channel crossings to Britain ‘are being plotted in Germany by criminal trafficking gangs’, UK claims

souhaib

Recommended For You

6 Fantastic Uses Of Cryptocurrency

by souhaib
May 19, 2022
0

While cryptocurrency is definitely a trending topic these days, many people are still unsure of how exactly they could make the most of it. In fact, even 14...

Read more

Where to Buy ETH Online?

by souhaib
March 21, 2022
0
Where to Buy ETH Online?

Have you decided to invest money in ETH? It’s a good choice as Ethereum is a leading coin in the crypto market. It has a great potential to...

Read more

Identifying a Suitable Platform from Biggest Cryptocurrency Exchanges

by souhaib
March 8, 2022
0

There are some biggest cryptocurrency exchanges in the market that are known and used all around the globe. However, these platforms offer various services and are not suitable...

Read more

Fantom(FTM), Loopring(LRC) Price Eye Another 20% Upswing, While Avalanche(AVAX) May Witness a 10% Plunge! – Coinpedia – Fintech & Cryptocurreny News Media 2021

by souhaib
February 7, 2022
0

With the Bitcoin price gaining huge strength, the entire crypto space is gaining a good bullish momentum. And hence as the Ethereum price comfortably hovering above $3000, the...

Read more

Where to buy SuperFarm (SUPER) coin: it is up 24% today after Coingecko listing 2021

by souhaib
February 7, 2022
0

The price of the SuperFarm (SUPER) coin has been rising since mid-January and the bullish momentum gathered momentum after today’s listing on Coingecko. To help investors and traders...

Read more
Next Post

Channel crossings to Britain 'are being plotted in Germany by criminal trafficking gangs', UK claims

No Result
View All Result

Recent Posts

  • PlayOffs NBA 2022: Extreme posterization of Doncic: Wiggins’s kill that leaves Luka on the floor
  • Last minute of the war in Ukraine | Zelenski affirms that kyiv loses every day between 50 and 100 soldiers in Donbas | International
  • Thousands of migrants crowd after extension of Title 42 | Video
  • Faced with the shortage, 31 tons of powdered milk land in the United States
  • the memory and data of the career of the greek composer

Browse by Category

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Categories

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Pages

  • Contact US
  • Newsletter
  • Privacy Policy
  • Terms & Conditions

© 2021 - TrendsWide

No Result
View All Result
  • Home
  • Contact US
  • Privacy Policy
  • Trending
  • U.S.
  • Economie
  • Deals
  • Reviews
  • Cryptocurrency
  • Health
  • Life Style
  • NBA

© 2021 - TrendsWide

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.