The cryptocurrency market continued with upward movements. The world’s oldest digital coin, Bitcoin, gained more than 3% over the past day, trading around $44,811.17. Let us check the day’s losers and gainers. The global crypto market capitalized gained 1.15% within the past 24 hours towards $2.02 trillion. Meanwhile, trading volume dropped by 24.77% to $77.78…
DOT price lost over 5% within the last 24 hours, moving to the lows of $21.21. Trading volume surged around 25%, confirming the bearish case. Sellers set stop-losses at today’s peak of $23, eyeing profit-taking. Polkadot (DOT) remains largely bearish today as the alternative token lost more than 5%, hitting low levels of $21.21. The…
Shiba Inu was among the alts with impressive upswings since last week. With that, it challenged the Point of Control that provided the highest liquidity for almost three months. Moreover, VeChain and Binance Coin had short-term technicals projecting 1-sided bullish favoritism. Meanwhile, the trio indicated overbought RSI that may target to test immediate supports. Shiba…
SAND price has seen massive bullish moves lately. The metaverse coin climbed by 78% from the lowest zone this year. Here’s is why SAND surged and what you may expect. Sandbox (SAND/USD) recorded massive recoveries over the last few weeks as enthusiasts waited for the forthcoming Alpha Season 2. For now, SAND changes hands near…
XTZ/USD highlights bullishness today. The pair holds under the resistance of $4.5 Immediate support stands at $3.5. Tezos price appears to gain momentum as the alt approaches the $4 level as the Moving Average Convergence Divergence presents a buy signal. Meanwhile, there are no massive rejection signs for more upside, which means XTZ will likely…
Ethereum began sliding after failing to overcome the resistance at $2.8K. For now, the prices hover around $2,650 and 100hr SMA. ETH’s 1-hr chart shows a critical bullish trend-line developing with the $2,645 support. A move beneath $2,645 and $2,600 might trigger a massive fall for Ether. Ethereum corrected its gains after failing to conquer…
Cardano records a lucrative recovery rate amid a 20% rally over the last ten days. Transaction and technical data indicate a temporary surge to $1.26 A 24hr candle close beneath $1 will cancel the bullish case with further declines. Cardano (ADA) presents bullish signs. However, the resulting uptrend will likely persist because of the many…
SHIB consolidates beyond the $0.0000158 – $0.0000193 demand zone. Transaction data suggests SHIB is in a crucial support zone and might see a near-term downswing. Large investors’ absence shows the uptrend may be temporary. Shiba Inu (SHIB) sliced critical support barriers during its latest sudden fall, and the meme coin consolidates at the moment. For…
VeChain price analysis reveals bullishness today. VET’s massive resistance sits at $0.0878. VeChain trades at $0.0554. VeChain price outlook shows the alternative coin followed a massive upside trend within the past 24 hours. The price maintained a positive stance, recording significant surges, nearing the value zone at $0.0560. The crypto surged 0.84% today, with its…
BNB price needs to reclaim footing at $414 for bulls to eye higher zones. Meanwhile, the massive obstacle around the 50% retracement mark of $504 may confront Binance Coin bulls. Failure to rally past $414 might witness the exchange coin falling lower to 200 3-day SMA. Binance Coin (BNB) plunged under a crucial defense line…
CRO secures early footing following Tuesday’s upswings. A decisive move past $0.60 will see Crypto.com exploring November’s all-time highs. Crypto.com is a blockchain platform supporting crypto trading and other cryptocurrency-related services. Moreover, users can utilize the site to earn, borrow, and spend cryptos. The network has CRO as its native coin. Crypto.com Brand Goals Indeed…
BTC remained within a bearish territory beneath the $38K and $36.5K support zones. The price attempted a recovery, targeting $36.5K and 100hr Simple Moving Average. BTC/USD one-hour chart shows a break past the pessimistic trend-line with resistance around $35,450. Bitcoin should overpower the levels at $38K resistance for a massive upside move. Bitcoin (BTC) extended…
MANA has lost approximately 70% of its ATH. The asset’s market capitalization has dipped to around $2.4 billion. Should you buy or sell the metaverse coin? Here is our view. Decentraland (MANA) witnessed bearishness within the last few months as the crypto industry sees fading momentum. The metaverse coin trades around $1.87, its lowest level…
Polygon price printed a bearish chart setup, confirming a potential 17% drop. MATIC might fall to $1.245 before enthusiasts can expect a rebound. For now, bulls should revisit levels at $1.978 to prevent more losses. Polygon (MATIC) price displayed a bearish chart pattern that indicates a pessimistic outlook for the layer2 token. The alternative coin…
Ripple rebounded from its 5-moth support following a bullish divergence between its CMF and price. On the other side, NEAR appeared to slow down but secured massive support at $16.4. Meanwhile, the overall crypto market flashes bullish actions. While publishing this content, the global market capitalization stands at $1.98 trillion, suggesting a 0.03% increase within…
Binance Coin hovered beneath the 20, 50, and 200 SMA amid pessimistic reactions in the crypto space within the past 24hrs. The alternative coin recorded 24-hour plummets following the January 17 engulfing candle as its Chaikin Money Flow weakened. Contrarily Ethereum Classic witnessed surges within the last 24 hours but remained with low volatility. Binance…
Cardano’s price experienced an approximately 53% weekly surge after hitting the demand zone, stretching from $1.02 to $1.20. The upward move has ADA in the $1.54 – $1.76 supply area, pausing its upward rally. A 6-hour candle close beyond $1.76 will violate the bearish case. Cardano (ADA) saw a remarkable price surge within the…
Fantom (FTM) is among the ETH-layer1 competitors that have trended recently. The weekend had the altcoin rallying higher towards $3.40, registering another ATH. That came after FTOM noted a stable 15% upsurge on 16 January yesterday. According to on-chain analytic firm Santiment, Fantom’s funding rate on sites like Binance turns negative, showing massive shorts. Nevertheless,…
Most top alt, including DOGE, MATIC, LUNA, and DOT, gained more than 15% over the week. Meanwhile, Near Protocol saw its native coin NEAR surging over 35% as the Layer1 network witnessed intensified competition. Bitcoin noted a tide shift this week, rising past the psychological level of $42,000. That comes after the leading crypto lost…
Shiba Inu shows signs of life amid positive developments following listing by Mexico’s leading crypto exchange Bitso. Nevertheless, SHIB enthusiasts should watch whether SHIB will keep the momentum or repeat actions seen after the Kraken listing. CoinDesk reports show Shiba Inu gained 16% today, Thursday. That comes after Bitso listing and Robinhood listing rumors. Indeed…
VeChain and Tron broke out of reversal patterns as Bitcoin’s 4hr RSI secured a close past the midline after hovering beneath the level for fourteen days. As VET reclaimed the critical level at $0.076, Tron crossed the short-term 20-Simple Moving Average obstacle. The broad market flashed bullish moves over the last day. However, more volumes…
AXS plunged under a vital technical support zone. Axie Infinity might see another retracement, losing 16 – 30%. Expect recoveries back past $85 if the bulls gather for upside action. Axie Infinity (AXS) appears in a rough condition and accelerated downtrends at the start of this year. Market players seem not interested in the token…
Ethereum gas charges surge as NFTs saw tremendous growth in 2022’s first week. Non-fungible token projects on the Ethereum platform have reached nearly 250,000 transactions. A technical indicator shows that Ether bulls, contemplating reversing the underperformance period. Non-fungible tokens (NFTs) present continuous growth after tremendous upswings last year. The top NT market registered more than…
Though Bitcoin lost more than 10% in January’s first week, it is not the only digital token that seemed to start the year on a ‘wrong’ foot. Solana, one of 2021’s best performers, appeared to undergo a somewhat challenging time. The downbeat in the overall crypto space dragged SOL price down on the charts. That…
SAND price exhibits bearish sentiments. The alt’s massive support stands at $4.5 Sandbox’s crucial resistance zone is near $6.8. Sandbox (SAND) has followed shaky trends over the past sessions as the token’s price fluctuates beneath the $5 level. Meanwhile, the altcoin hit $5.2 yesterday, 7 January, after recoiling from $5.3. However, Saturday market moves saw…
