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…
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…
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….
SHIB price action remains within the broad triangle with $0.00002100 support and $0.00002700 topside level. The alt sees knee-jerk recovery as peaceful negotiations between Ukraine and Russia suggest a potential relief for the markets. Expect a near-term return to $0.00002400 by SHIB, eyeing an upward aim at $0.00002600, suggesting 11% gains. Shiba Inu (SHIB) price…
Cardano’s total value locked gains 194,000% since 2022 January. A renowned Cardano fan tweeted about the impressive growth in TVL of ADA locked in various DEC within two months. Cardano_Whale, a Twitter user, posted ADA total value locked in Cardano has increased by 194,000% since 7 January 2022. The update shows AD’s total value locked…
Rune’s awaited mainnet launch propelled the coin’s price to the latest highs at $6.01. Also, Terra integrated into the THORChain network, allowing the protocol to support Cosmos-related projects. The THORChain platform hit 1.5M decentralized permissionless swaps. THORChain ($RUNE) token surged by 76.25% within the week. THORChain is a blockchain platform developed through Cosmos SDK, a…
ETH had its price climbing past 50-day Simple Moving Average at $2,853, suggesting increased buying pressure. Success in retesting the 50-day Simple Moving Average will authorize a breakout, targeting $3,200. A 12Hr candle close beneath $2,558 will form lower lows and cancel ETH’s bullish thesis. Ethereum (ETH) has its price movements stuck between two massive…
Though Algorand witnessed remarkable gains from February lows, it showed vulnerability. A decisive close beneath its pattern might see ALGO retesting $0.79. Moreover, Ethereum Classic registered a bullish flip on the EMA Ribbons. Bulls defended 20EMA to avoid a fallout. Axie Infinity climbed past its Simple Moving Averages while its Relative Strength Index overturned from…
The SAND price might witness a steady bullish run as the altcoin creates a triple bottom pattern. A surge in buying momentum might propel Sandbox by 57%, tagging the psychological mark at $5. However, a 24hr candle close under the support of $2.69 will violate the bullish narrative. Sandbox price formed a bottom reversal setup…
Ripple price remains stuck beneath a declining resistance level, bears hammering the token’s uptrends. A plunge to retest the demand territory at $0.56 – $0.63 would be crucial in catalyzing a 35% upsurge to $0.85. A 6hr candlestick close beneath $0.56 will cancel the bullish narrative. Ripple (XRP) has recorded steady downswings with lower peaks…
LUNA tested 78.6% FIB resistance amid market recovery. Moreover, the alt dips into overbought conditions. Avalanche witnessed decent increases within the past few sessions, swaying beyond 20-50-200 Simple Moving Average. Meanwhile, $0.06 remains a crucial level for Tron in detecting potential breakouts. Terra (LUNA) LUNA registered a 50.11% decline after losing the $86 level, hitting…
