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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In crypto technical Analysis , a price spike followed by a period of consolidation can often lead into a break out, meaning a sudden, powerful price movement in either direction. While it’s harder to say whether that break out will be positive or negative, spotting break out patterns can be more reliable. El Hippo near all all-time high HIPP was recently listed on Bitget, causing an all-time high of $0.0000000137, a 450% increase since launching just months ago in August. Now trading at $0.00000000114, HIPP is up 104% this month alone. The Bitget listing, accompanied by a $54,000 rewards program to allow users to earn free HIPP for depositing or trading HIPP on Bitget, has sent prices high. You might also like: Bitget listing triggers El Hippo price surge Still, analysts now need to decide whether the bull run for HIPP ...

If BTC price consolidates in the $25,000 range, ETH, XRP, LDO and RNDR could be the first altcoins to break out with recovery rallies. Altcoin price s crumbled after the United States Securities and Exchange Commission (SEC) announced lawsuits against Binance and Coinbase at the start of the week. Apart from the action against the two biggest crypto exchanges, investors seem to be nervous because the SEC labeled 23 cryptocurrencies as securities in the two lawsuits. That brings the total number of cryptocurrencies termed as securities by the SEC to 67. Among the mayhem, a minor positive is that Bitcoin (BTC) and Ether (ETH) have held out relatively well. This suggests that institutional investors are not panicking and dumping their positions. Due to their outperformance, Bitcoin’s dominance has risen to a year-to-date high of 47.6% and Ether’s to 20%. Crypto market data daily view. Source: Coin360 The uncertainty in the near term is likely to keep several investors on the sidelines. ...

Bitcoin has turned bullish, but is it a dead cat bounce? If BTC bulls keep pace, LTC, OKB, BIT and FTM could see strong rallies. The cryptocurrency markets have made a strong comeback in the past few days. That drove the total crypto market capitalization to $995 billion on Jan. 14, according to CoinMarketCap data. Bitcoin (BTC) led the recovery from the front and skyrocketed above $21,000 on Jan. 14. After the sharp rally, the big question is whether the recovery is a dead cat bounce that is a selling opportunity, or is it the start of a new uptrend. It is difficult to predict with certainty if a macro bottom has been made but the charts suggest that a bottoming process has begun. Crypto market data daily view. Source: Coin360 Independent market analyst HornHairs highlighted that the 2017 to 2018 bear market lasted for 364 days and from 2021 to the current market low, the duration is again 364 days. Another interesting similarity is that the 2015 to 2017 bull market and the 2018 to ...