Bitcoin’s CPI turns positive after 10 days – What does it mean for prices?

Bitcoin Coinbase Premium Index is now positive. This signals a spike in coin accumulation by US-based investors. As a researcher with extensive experience in cryptocurrency markets and analysis, I find the recent development in Bitcoin’s [BTC] Coinbase Premium Index (CPI) noteworthy. The fact that it has turned positive after a ten-day streak of negative values … Read more

XRP at a standstill? What the price indicators suggest

XRP’s price trades close to its key moving averages. This suggests that the market is in consolidation.  As a seasoned crypto investor, I’ve seen my fair share of market consolidations, and XRP‘s current situation is familiar to me. The token’s price trading close to its key moving averages suggests a period of uncertainty, with neither … Read more

AVAX’s defense of $36 – Is a dip next for altcoin’s price?

Avalanche has lackluster capital inflows and signaled bearish momentum in the one-day timeframe. The range formation’s mid-level support at $36 needs to be defended, but the bulls could fail at this task. As a crypto investor with some experience under my belt, I’ve seen my fair share of market fluctuations. Avalanche [AVAX], currently trading within … Read more