Cryptocurrency News
The last 24-hour decrease across the market has positioned Shiba in the red as it dropped off its monthly high a few days ago. It will likely shed more losses if the meme coin continues to drop by the day. Shiba is considered bearish from a long-term perspective despite the […]
The overall crypto market is down 1% today with Bitcoin dropping to its lowest level in two weeks. It has recovered briefly in the past hours but is likely to resume selling soon. Its dominance against altcoins currently stands at 52.1%. Bitcoin appeared to have finally suspended bullish after rejecting […]
While most altcoins took a downturn since last week, XRP had seen a substantial loss in the past hour as the price dips below the $0.6 level. More bleeding may occur if the volatility continues to drop. In November, XRP traded as high as $0.75 after increasing by roughly 80% […]
As the entire crypto market took a break in buying, ARB’s price pulled back and lost 3% in a week. It remains bullish on the daily but slowly losing momentum on the hourly alongside other top altcoins. Layer 2 token like ARB has shown a strong reaction to the latest […]
Internet Computer – ICP advanced bullish this week and broke through a key resistance level to reach a new milestone today. It is now trading above April 2022 high after posting over 150% gain in 30 days. The leading metaverse token by market cap – ICP surged by roughly 40% […]
Ethereum lost 3% of its value today following the current drawdown across the crypto market. It has formed a bearish pattern and now looks set for a big drop in the lower timeframe. During the last leg up, ETH touched $2,403 last week and saw a quick rejection there. This […]
The metaverse sector saw a small recovery in the last two months rally across the crypto industry. However, Apecoin increased well as it registered almost 100% gains during the period with a current market cap of $645 million. In the recent bullish rally, which has temporarily paused for almost a […]
While most meme coins lag in the ongoing surge, Bonk’s price increased by 50% today as it breaks higher. This puts the asset in the market top-gainer spot with a traded volume of $281 million in the last 24 hours. Following the January 4 listing on the Bybit exchange, Bonk […]
Despite this week’s meltdown, Binance Coin (BNB) showed strength and continued to increase steadily. It is now forming a bullish pattern after charting a 10% gain in the past week. More gains lie ahead. BNB ended last week’s trading in a slightly bullish mode on the short-term after consolidating under […]
Polkadot jumped by 5% today and reached its highest price level in ten months. The asset looks highly volatile on the daily chart with no sign of slowing down buying pressure. DOT advanced bullish sentiment this week and exploded to a daily high of $7.69 – which is located near […]
As Bitcoin temporarily paused its rally, Litecoin showed strength and posted a small gain today. This led the bulls back on track with a total of 12% gains in three weeks. Currently, it appears gearing up for a surge. Litecoins’s volatility has been a bit low for the past few […]
$Avax resumed bullish this week and flipped the previous resistance level after posting 38% gains in a week. It tapped a new multi-high and saw a slight rejection. More rallies are expected once the demand level keeps rising. Following last month’s correction, which pulled the price to from a high […]
Amid the latest market recovery, Pepe jumped 30% today and broke out of an important resistance after forming a double-bottom. It encountered resistance but looks prime for a big price movement on the daily chart. Pepe started recovery in the fourth quarter of the year after losing momentum for months. […]
Ordinal Protocol’s native token – ORDI resumed bullish and saw roughly 60% gains in the last three days. This led to a breakout as it now targets a new high level. It currently follows Bitcoin’s pattern on a daily. After launching into the market at $10 in May, ORDI fell […]
Avax looks a bit calm on the daily after mounting weekly support around $19. It has formed a bullish pattern above this price level on the hourly and now looking prime for a resurge. The price is currently up 2.5%. Following last month’s surge that took some major altcoins to […]
Since Bitcoin tested the upper boundary of its channel this month, the volatility dropped as it entered a consolidation phase. It is still trying to regain momentum on a daily but lacks enough volume to sustain the rally. Bitcoin’s consolidation phase extended this week amid low volatility. The trend is […]
Luna Classic advanced bullish this week following a strong rebound last Thursday. While the price remains strong on a daily, it looks highly volatile across major timeframes following a huge gain in the past week. Lunc started to show signs of strength after establishing support at $0.000055 in October. Following […]
Amid market indecisiveness, low-cap gems like GMT have reached a new milestone following a 15% surge in the last 24 hours. This surge put the asset into the top gainer spot with a traded volume of $487 million. Stepn’s recovery started last month as it bounced off the $0.14 level. […]