Cryptocurrency News
Since the start of the drop in March, Ordi has lost more than 70% of its value to a ten-month low. Although it has regained strength briefly from this low, it has continued to trade inside a descending wedge. After nearly touching $100 in the first quarter of the year, […]
Following a sharp bounce off the lower boundary of a long descending channel last week, Chainlink revisited its previous monthly low but is now stalled due to low volatility. It may resume bearish if supply rises. Starting the third quarter a bit strong, Chainlink later turned weak and began to […]
Ethereum is showing signs of weakness again after rejecting $2,700 last weekend. There’s still room for a retracement if the volume keeps rising. However, things might later get uglier with the latest bearish signal. Following the monthly breakdown of the important $2,817 support level, ETH rolled back to the yearly […]
Bitcoin’s daily outlook is becoming more bearish with the latest drop, although it remains bullish on the macro level. Selling could get worse as the fear and greed index reaches 50 with a dominance of 56.2%. The fear of missing out – FOMO on Bitcoin’s parabolic bull run has significantly […]
Losing more than 60% of its value in two months, Notcoin found support this week and increased a little. Due to a significant drop in buy volume, the price has remained stagnant as it decides on the next major move. If not all, most gaming assets have reset back to […]
Following a monthly bearish crossover, which led to another dip, AKT posted losses and slipped under $2 after nine months of trading. It found support and entered a retracement mode at the start of the week. In continuation of the correction phase, Akash’s price broke lower last week to test […]
ARB’s Price is up by more than 4% today despite the relative loss amongst altcoins in the past hours. However, it is still maintaining a downward movement following a recent price breakdown. Last week was a bit painful for Arbitrum as it broke through the $0.6 level (its launch price […]
Today, most altcoins across the crypto market appear calmer after charting a significant gain in the past few days. Mid-cap token like Tron is waxing stronger with no signs of slowing down at the moment. The remaining half of July saw TRX through a notable reduction after crossing over into […]
SUI shows signs of a bullish reversal following a slight breakout of a resistance line. Its bearish structure remains intact but is leading the top gainers chart with a traded volume of $400 million in the last 24 hours. From a peak of $2.2, SUI initiated a drop and lost […]
Litecoin joined other top coins in the recent increase but it has slowed down buying today after facing a key level. While it appears weak, the asset may resume bearish momentum if the supply level increases. Last month’s trading was a bit relieving due to a slight break in selling […]
After undergoing eight months of decline, Ripple found support and regained strength. The market is currently bullish on the daily chart following a 50% increase this week but is yet to break out of the structure. The past month of trading saw XRP through its highest buying volatile period since […]
Bouncing off key support earlier this week, Toncoin appeared strongly bullish today because of a high-volume inflow in the last 24 hours. It is now amongst the market’s top gainers with a 15% surge since yesterday. In July, TON initiated a bearish move after posting several gains in the previous […]
In the latest recovery, meme coins are charting the most gains along with Dogwifhat, which has increased by over 70% since it tested a key level on Monday. The price is strong but the bearish bias remains intact. After losing momentum for two weeks, WIF found a solid ground an […]
Floki’s outlook has turned more bearish due to the recent price breakdown to a five-month low. It bounced briefly off the low and is now showing signs of strength on the day following a 10% increase since yesterday. Last month, Floki went through a short retracement after rejecting a crucial […]
In the recent crash, Solana lost almost 40% of its valuation but suddenly regained strength after testing a five-month low yesterday. The price appeared strong today as it trades back in a green zone. Sol saw a noticeable growth last month following a major bounce off a critical support level. […]
Yesterday, BNB’s price reached an oversold condition after dropping consistently for a week. However, it has recovered significantly from the latest dip but the trend remains bearish on the daily chart. As the bull run continued to suspend due to the recent major sell-offs across the crypto space, BNB rolled […]
Losing 25% of its value in a week, Bitcoin recorded its biggest fall since it started correcting in March and dipped under the controversial $50k level today. Due to this, several altcoins have rolled back their bottoms. For the first time in six months, Bitcoin tested a low of $49k […]
Breaking down crucial multi-month support last week, Ethereum saw a heavy drop and crashed back to its yearly low. However, it recovered slightly earlier today following a sudden rejection. A week ago, Ethereum traded as high as $3,400 after making a short bounce from a reestablished support of $3,100. The […]