Bitcoin saw a plummet on Wednesday, losing a vital support floor and catalyzing colossal liquidation of the cryptocurrency marketplace. The crypto’s recent slump seems directly tied to the crash in US tech stocks. The previous 24 hours saw Bitcoin losing 5% of its value, changing hands near $38.5K at this publication. On the other part,…
Zilliqa maintained downward trends since the $0.230 ATH on 1 April. A recovery past $0.16 may offer ZIL what it needs to retest the range’s topside boundary at $0.133. A daily candle close beneath $0.097 will cancel the bullish narrative. Zilliqa (ZIL) presents an impressive recovery following the latest sell-off. This outlook shows bulls defending…
Shina Inu could erase the 36% rally that followed the Robinhood listing. The downward move pushes the meme coin into the demand zone of $0.0000219 – $0.0000246, suggesting a potential bullish impulse in the up-and-coming sessions. A 24hr candle close beneath $0.0000211 will cancel SHIB’s bullish thesis. Shiba Inu sees intensifying consolidation as the Dogecoin…
ApeCoin is a BAYC’s native token. The alternative currency saw remarkable upswings over the previous week. APE gained over 50% within a week as its developer community revealed a massive Metaverse project. Such developments saw the altcoin surging towards $18, even overtaking Decentraland (MANA) as the largest Metaverse coin. Nevertheless, some on-chain metrics saw substantial…
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Ethereum stretched upward past $3,080 and $3.1K. ETH trades above $3,050 and 100hr SMA. ETH/USD’s 1hr chart shows a move past a crucial bearish trend-line with resistance at $3,060. ETH should clear the levels at $3,120 and $3,130 for extended upside in the short term. Ethereum gained momentum beyond the resistance of $3,050. A clear…
The privacy token Monero was among the top performers in the crypto space over the previous 24 hours, recorded massive uptrends. Liquidity squeeze triggered by some XMR traders attributed to the recent gains by the alt. XRM gained around 10% within the last day to explore $267.65, the highest mark since October. Also, the token’s…
The crypto market crashed today, alts such as Avalanche and Cardano tumbling more than Bitcoin. The world’s leading crypto lost more than 7% to $39,417. Remember, BTC has never crashed beneath $40K since 16 March. Ethereum, the 2nd-largest digital coin by market value, lost over 6% to lose the $3,000 mark. Also, the meme crypto…
Buyers shifted the trend to their favor as Shiba Inu climbed higher from the January lows. For now, sellers appear to build tension around the resistance zone at $0.024. (We will multiply SHIB’s prices by 1000 to ensure concision). A decisive close beneath the long-term Point of Control (liquidity range) would see the DOGE competitor…
Bitcoin climbed towards the $48K highs last week before retracing to trade beneath $44,000 at this publication. Though the bellwether crypto plunged into a demand zone, it isn’t clear whether a bullish BTC might trigger highs for XRP. Bears appear strong around the $0.88 – $0.92 range. The remittance token can plummet to the $0.75…
Ethereum kick-started massive declines from the resistance area at $3,530. The price now hovers beneath $3,400 and 100-hourly SMA. ETH/USD’s 1hr chart shows a massive bearish trend-line emerging with resistance at $3,460. The altcoin might encounter massive hurdles around $3,425, then $3,450. Ethereum launched a sharp drop from the $3,530 level. The 2nd-largest crypto by…
Loopring price tries to conquer the hurdle at $1.17 before triggering a swift run-up. Enthusiasts can see a 70% upsurge towards $1.96 with the bulls’ resurgence. A 24hr candlestick close beneath 41.03 will annul the bullish case for Loopring. Loopring (LRC) has seen a vertical upward move since 15 March but currently faces a critical…
Bitcoin sentiment analysis shows improvement from extreme fear to neutral within the previous month. Moreover, Bitcoin’s correlations with other crypto improved during the timeframe. That way, ADA, SHIB, and BNB highlighted bullishness on their respective short-term technicals. However, the overall directional bias requires improvements to support sturdy upside rallies. Cardano (ADA) Cardano experienced a move…
STEPN (GMT), a move-to-earn coin, surged over 30,000% in 30 days and more than 300% within the past seven days. Here’s why. The cryptocurrency industry has proven lucrative for anyone interested in massive returns. Besides Bitcoin, which surged more than 5B percent since 2010 July, many tokens have converted average investors to millionaires in a…
com price shows upside signals amid a possible rounding bottom. Enthusiasts can expect an exponential surge from CRO after flipping $0.53 resistance to the support barrier. A daily candle close below $0.37 support will cancel CRO’s bullish narrative. Crypto.com has its price at the mid-level of completing a bullish pattern. Thus, market players may expect…
Axie Infinity witnessed its price declining sharply during overnight sessions. Ronin Network lost million amid a massive hack Here is why AXS might keep plunging. Axie Infinity recorded price drops late on Tuesday as market players reacted to Ronin Network exploit. AXS changes hands around the $63 mark, nearly 15% beneath its weekly high. Moreover,…
WAVES has recorded a new ATH of $52. The token extends upside, gaining 329% over the previous month. Positive developments in the Waves network drive the token high. The overall crypto market saw significant rallies within the previous week. Nevertheless, some cryptos outperformed others, and WAVES is one example. Waves (WAVES) gained approximately 329% within…
The bull cycle from $37,776 trend-line support pushed Bitcoin prices towards the monthly resistance at $45,000. Remember, the bellwether crypto has encountered many rejections in this area for nearly three months, approaching it for the 5th time. Do buyers have the needed strength to reclaim the value area? Bitcoin price has climbed within an imminent…
Avalanche (AVAX) had its price coiling up for more than two months before breaking out of the technical formation. Though the breakout is bulls, it encounters obstacles that threaten to erase all gains acquired over the previous week. Market players should concentrate on this week’s AVAX action for what the alt’s future holds. Threats Persist…
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ETH price overcame $3,000 as enthusiasts awaited for the Merge, a milestone update on the Ethereum mainnet. The alt’s platform has burned approximately 5 billion Ether tokens as the PoS transition nears Crypto analysts trust ETH is ready for a 20% ascent following a price bounce. The current upside move might see Ethereum price posting…
Shiba Inu and Dogecoin saw bullish moves during the weekend, with SHIB gaining approximately 8.20% over the past day. The leading meme coins led gainers after trailing broad markets amid Friday sessions. SHIB and DOGE overpowering their 100-day exponential moving averages had vital technical indicators turning bullish. Dogecoin and Shiba Inu displayed bullish motions on…
A breakdown from ascending trend-line shows MANA’s continuation setup resulted in sellers’ favoritism. Furthermore, the retest phase authorized the prior support to resistance. Will the metaverse token sustain the bearish pressure to plunge towards January’s lower support of $2? Let’s dig dip. Vital Points MANA price chart displays a post-retest bearish bias continuation. Decentraland buyers…
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The broad crypto market sees strength, registering a 5% recovery within the past day. A surprise move had Bitcoin bouncing back 7%, climbing past the $41.5K mark. The ongoing uptrends come after the market saw massive volatility last week. It appears the market is responding well to the coming executive order by the Biden administration….
