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Technical Analysis
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Bitcoin futures enter backwardation for the first time in a year
Bitcoin's (BTC) month-to-date chart is very bearish, and the sub-$18,000 level seen over the weekend was the lowest price seen since December 2020. Bulls' current hope depends on turning $20,000 to support, but derivatives metrics tell a…
Synthetix has surged 100% in 24 hours – Here is why
Synthetix (SNX) is now the top-performing cryptocurrency over the past 254 hours. While some of these gains are largely linked to a broader recovery in the market, there is also some outstanding platform news. Synthetix is a major DeFi…
Avalanche reclaims $14 support after June crash
June has been a devastating month for crypto investors. But despite this, we are seeing some recovery as major coins build modest upward momentum. AVAX is not any different, and the coin has now managed to reclaim an important support zone…