NEAR’s escalated devaluation within the past seven weeks dragged the alternative token to discover new multi-month lows on the charts. However, the crypto rose gradually beyond the 23.6% mark as bulls finally triggered a downward channel breakout. For now, Near Protocol surge as the broad market sees improved sentiment. The buying momentum uptick might welcome…
LUNA 2.0 drops 80% within hours of listing. The token is in the innovation phase on Binance, the world’s leading crypto exchange. While publishing this content, LUNA 2.0 traded at $5.75. The LUNA 2.0 went live on 28 May, and multiple wallets received the token’s airdrop. The chain started with an initial price of $0.30…
Filecoin (FIL) has declined on its charts since September 2021. Buyers haven’t triggered any trend-shifting rally for approximately nine months now. Moreover, current market sentiments are visibly favoring bears. Such cases would see FIL dropping towards all-time lows on May 12. The prevailing indications show the altcoin will likely extend the squeeze phase around the…
The Africa Blockchain Report 2021 by Standard Bank and CV VC (Crypto Valley Venture Capital) revealed that African cryptocurrency businesses experienced more venture capital in 2022 Q1 than in 2021 Q1. Compared to the same timeframe in 2021, blockchain companies in Africa raised about $91 million in 2022 Q1, translating to a 1,668% cash inflows…
Solana has currently traded inside a consolidation phase. Despite recovery outlooks on the charts, the altcoin trades around value areas last witnessed in August 2021. SOL recorded lateral price actions over the past couple of days. Presumptions are SOL would experience a trend shift following a consolidated phase. The technical picture revealed positive price movements…
The past couple of weeks had Bitcoin hitting 16-month levels as the digital asset space saw colossal sell-offs. Combined with the TerraUSD stablecoin crisis, bears remained in the front seats, and they canceled any upside attempt within no time. With the antique financial advice of dip-buying, market players might be looking for hidden gems in…
Bitcoin’s downtrends since April have meant a massive impact on Loopring’s price actions. LRC traded beyond $1 in March this year before being swiftly forced to surrender the territory claimed in March to bears. While publishing this content, the alternative token hovered 64% down from March high. Moreover, LRC might experience more declines in the…
A new report shows the Dogecoin competitor, Shiba Inu, primed for massive declines this year, as most market players indicate ‘sell.’ Finder, a blockchain data platform, revealed that 73% of surveyed panelists supported the narrative that investors need to sell Shiba Inu. Finder interviewed 36 financial technology experts in April. The general narrative is that…
Though Litecoin isn’t a frontrunner within the cryptocurrency world, market players know it for being present no matter the case. The alternative token remains relevant due to its minimal and expansive use case. To date, traders/investors have backed on the use cases to recover losses. Litecoin Secures New Audience Another leading Canadian company introduced Litecoin…
Decentraland price lost some momentum after recording upsurges for two successive sessions. The alternative token opened lower before inching high amid sustained buying pressure. The increasing volume supported the current price movements as the market structure remains oversold. MANA saw its price retreating from higher-value areas after two successive sessions of uptrends. A bullish pattern…
Thursday trading sessions saw Bitcoin breaking beneath two crucial support barriers amid escalated bloodbath in the market. While its recent fall emerged because of a higher-than-anticipated US inflation stat, other factors send participants out of the crypto market. Bitcoin lost approximately 15% over the previous 24 hours to change hands near $26,848. The world’s leading…
Avalanche’s price outlook displays a bearish picture. Prices plunged towards the $37 mark. AXAX’s support sits at $36.4. Avalanche’s (AVAX) price outlook favors bears as it noted another drop within the past day. The market has maintained bearishness since May 5, 2022. The previous 24 hours saw AVAX at a loss again as bears stopped…
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…
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…
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,…
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…
Ethereum price revealed interesting price actions since last week. Though the leading alt crashed down, ETH appears ready to present impressive upticks this week, moving higher to explore significant price levels. Ethereum On Recovery Mood Ethereum lost around 23% within the past month to print a swing low near $2,714. This move saw the alt…
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…
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…
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…
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…
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…
