Cryptocurrency News
As most Doge-themed coins continued to gain traction, Floki’s price further increased by 15% today to reach its highest trading level in four weeks. It currently appears strong on the day but remains bearish. In continuation of the early monthly bounce, Floki has attracted another 20% gains in a fresh […]
BNB’s price is reaching a crucial breakpoint again after experiencing a steady increase from a five-month low. A big move lurks around the corner as the price approaches a key resistance level. Following a sudden price rejection at exactly $400 earlier this month, BNB faced a lot of hurdles but […]
Amid market indecisiveness, Matic increased by 7% today following a steady increase in the past few days. While the bulls show signs of commitment, it is important to note that the trend is still bearish. The last five months of drops saw Matic through an 80% correction as the price […]
In a fresh surge, Tron’s price broke out to a multi-year high following a significant increase in demand this week. The price has increased by over 27% in the last 24 hours, and it looks bullish on the weekly chart. TRX bounced off the $0.116 level three weeks ago after […]
Joining other meme coins in the latest surge, Dogwifhat’s price jumped 15% in the last 24 hours after establishing new support. While its mid-term bearish bias remains intact, it currently shows strength daily. The psychological $1 level has held well this month as Dogwifhat failed to extend its mid-term bearish. […]
After recent Defi tokens surged, most meme coins are now on the rise this week as volume flows into the industry. Brett’s price appears strong, leading altcoins rally following an impressive surge since yesterday. Throughout last week, Brett showed weakness as it posted several losses after resuming bearish actions an […]
Ethereum’s bias remains bearish on the daily chart following a recent crash to a yearly low. It has recovered slightly but is now trapped in a consolidation phase. A huge drop is expected if the supply level rises. Since Ethereum rejected $2,780 last week, the price has remained weak as […]
Bitcoin’s price is still weak but has seen a small increase after rejecting $60,300 last weekend. However, it is gathering momentum as it forms a new bearish pattern with a 55.8% dominance at press time. After tapping $62,750 two weeks ago, Bitcoin marked resistance there and showed signs of weakness. […]
After providing bigger discounts for long-term accumulation earlier this month, Rune increased for two weeks and tested a key level today. It saw a rejection and turned weak, looking poise for a drop on the day. Rune’s bearish structure remains intact on the daily timeframe, although it has been showing […]
Klay has retraced notably in the last two weeks but the trend is still in a downward range on a higher timeframe. It currently appears weak as more negative actions may surface when the bears resume pressure. The past two weeks of trading have been a sigh of relief for […]
Following a recent monthly bounce, which brought the bulls back after a short break, TRX advanced higher this week with another 10% gains. It appeared strongly bullish, looking set for a bigger price movement. Recent data from Token Terminal has shown that Tron’s protocol revenue has outperformed Ethereum’s by 50%. […]
This week saw ZEC through a new milestone following a series of surges since last month. However, it lost steam in the mid-week and now trades calmly due to a sudden volatility drop – is still up by over 50% monthly. After declining by more than 60% in four months, […]
While most altcoins took a slight downturn this week, Litecoin’s price remained strong and showed signs of strength daily. It seems to have reached a rejection point, where a fresh drop may occur. Litecoin’s market structure is still bearish on the daily chart following a lower low and lower high […]
Correcting by more than 65% in five months, DOT rolled back to local bottom and entered oversold condition. However, it recovered briefly but has resumed drop due to a rejection. It currently appeared weak. The late July meltdown saw Polkadot through its biggest drop since May but it later found […]
Sol’s bullish bias has continued to suspend amid the latest meltdown. It has turned bearish again after seeing a short but significant recovery last week. The price is down 8% weekly, looking poise for a big crash. The recent price recovery from a monthly low of $110 appeared to have […]
After increasing by more than 25% from the monthly low, Binance Coin faced rejection and remained indecisive for the past week. It may repeat a recent bearish pattern if the price continues to turn weak daily. Last week, BNB bounced sharply off a key price level after witnessing a crash. […]
After closing last week’s trading above a crucial resistance line, SUI advanced buying this week and reached a new milestone after two months of trading. It signals a bullish move but is currently down on the day. Lifting off the $0.46 level last week, Sui increased by over 100% and […]
In continuation of the recent recovery, Toncoin tapped a month high with a 14% surge overnight. The price may explode massively as it poises for a breakout following a new bullish formation on the daily chart. Following last week’s bounce in Bitcoin’s price that triggered a recovery amongst many altcoins, […]