Axie Infinity: Evaluating Potential Recovery for AXS

Axie Infinity buyers attempted to cool the intensified sell-off condition by securing reliable footing near the $28 mark within the past couple of days. As the retracement dragged to token towards multi-month lows, AXS chalked this phase in a downside channel within the previous month. The nearest floor remains crucial in detecting future price actions…

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What New Stablecoin Activity Data Reveals About Market Sentiment

The cryptocurrency market sees a rough start to May. The space encountered two massive dips following announcements by Fed Reserve. The latest crash saw the market losing 3.7% of its value. Besides that, there’s new data that emerged and might worry investors. Stablecoins, USD Coin, and Binance USD show enormous volumes today. Surprisingly, the assets…

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Here’s Why Cardano (ADA) Might Drop Another 40%

Cardano has its price staying above its last support zone. The alt seems primed for a more than 40% downside move. Though upward possibilities exist, they need substantial participation by bulls. Cardano’s price appears ready for massive downward actions from the $0.76 vicinity. Everything seems to support crashes for the token. From Ichimoku, Volume Profile,…

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Tezos (XTZ) Consolidates Near $2.56 – Price Analysis

Tezos Price’s outlook presents bearishness today. The alt currently faces resistance at around $2.59. The current support for XTZ stands at $2.41. Tezos outlook reveals negative market actions today as XTZ prices formed a lower peak at $2.59 plus a lower low near $2.51. For now, the market structure hovers between resistance and support levels…

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ApeCoin (APE) Price Forecast: $27 by 2025, $35 by 2030

The altcoin attracting everyone’s attention, ApeCoin, may steady around the $27 mark before this year ends. That is according to predictions by specialists at the Finder’s fintech industry panel. Dimitrios Salampasis is a financial technology lectures at the Swinburne University of Tech. He is among the highly bullish individuals as far as APE price is…

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Ripple (XRP) Hits Support at $0.58; Buy Again?

XRP sellers dodged a slight consolidation, stretching between $0.87 and $0.68, on 25 April. Losing the foothold freed trapped bearish strength and dragged the remittance token towards the January bottom support floor at $0.58. Vital Points XRP price plummeted by nearly 25.56% within the past two weeks. Possible fallout from $0.55 would cancel XRP’s bullish…

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What Solana’s 408 GitHub Submissions Every Day Means

Market participants best know Solana for its low fees and high speeds. However, individuals highly drawn into the project also recognize Solana’s ambitious goals of attracting increased users and multiple developers in the crypto space. However, is Solana on its way to achieving the targets? The latest insight reports by Santiment on cryptocurrency projects and…

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Bitcoin (BTC): What Triggered the Recent Slump Beneath $40K?

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,…

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Can Zilliqa (ZIL) Dodge Fluctuating Markets to Record New Highs?

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…

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Shiba Inu (SHIB): Is it a Buy-Dip Plunge before a 115% Rally?

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…

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ApeCoin (APE): What Next after More than 50% Rally

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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CoinsMarkets – Top Reasons to Join This Crypto Provider

CoinsMarkets Review Thinking about cryptocurrency trading? It certainly might be appropriate right now, regardless of whether you are currently involved in other asset classes or just starting your way in the financial industry. Digital assets are an innovative tool for those who know how to cope with volatility, and CoinsMarkets is one of the most…

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Ethereum (ETH) Consolidates Gains; Indicators Suggest Further Upside

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…

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Here’s How Holders Are Propelling Monero (XMR) to 6-Month Highs

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…

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Why Bitcoin, Dogecoin, Ether, and Cryptos are Plunging Today

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…

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Shiba Inu (SHIB): The Only Way to Reject the Bearish Disposition

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…

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Ripple (XRP) Holders Can Bid Around These Two Support Zones

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…

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Ethereum (ETH) Turns Red beneath $3.4K; Why Upsides May be Challenging

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…

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Loopring (LRC): Assessing Possibility of $2 Visit after Overcoming This Obstacle

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…

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Cardano, Binance Coin, Shiba Inu Price Analysis – April 4, 2022

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…

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Here’s Why STEPN (GMT) Surged 31,000% in One Month

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…

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Crypto.com (CRO) Might Double in the Coming Few Weeks

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…

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Here’s Why Axie Infinity (AXS) Plunged and What Next

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,…

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Here’s Why Waves (WAVES) Saw Over 300% Monthly Gains

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…

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