In our “Analytics” section, we analyze cryptocurrency market trends, price movements, and key developments in the blockchain industry. Here you will find expert insights, market forecasts, and breakdowns of major crypto events that influence Bitcoin, Ethereum, and other digital assets. Read the “Analytics” section on ForkNews to better understand the crypto market and make informed decisions.
Yesterday's sharp increase in market volatility may give way to consolidation in a narrow range
The market has so far managed to maintain positive dynamics and increase its capitalization level to $142 billion
In today's review, as always, we summarize the past week and analyze the overall price dynamics.
At weekly highs, the market turned into a downtrend. The pullback and consolidation will continue with a decline towards the nearest support levels.
The weekly highs were updated on decreasing volumes, so in the near future there is a high probability of market consolidation near key support levels.
Yesterday's impressive volumes of purchases continued to increase prices and, after a pullback from weekly highs, the market is still in the green zone.
Yesterday, altcoins recorded weekly highs. Will the market be able to stay in the green zone today?
Global debt hit another high of $247 trillion in the first quarter of 2018, according to a report released Wednesday. Of this figure, the non-financial sector accounted for $186 trillion, the International Monetary Fund (IMF) said.
If you have any questions about collaboration or interesting new proposals, please contact us at [email protected]
The ForkNews news portal is the ideal advertising platform for anyone involved in cryptocurrency. For advertising and PR inquiries, please contact us at [email protected]
Join us!
