Cryptocurrency News
Litecoin showed sign of strength yesterday but the price seems to be down today following 2% drops overnight. However, it has found support daily but the volume is not strong enough activate a buy. Starting this month on a weak note due to the recent bearish sentiment in the market, […]
BNB appeared set for another leg up following a 6% increase in a week. It broke out of a symmetry triangle and now looks a bit strong on the day. The bulls are in control but trading volume seems low at press time. The last four weeks of trading have […]
After witnessing a deeper correction throughout last month, Tron TRX found a solid ground level and increased slightly. The price appeared strong this month as it created another bullish setup on the daily timeframe. Going back to where TRX started to increase in 2023, the price has seen nice growth […]
ADA’s bullish trajectory remains intact from a long-term perspective. Hence, it is still undergoing correction as it faces a crucial support line. Failure to regain strength may result in a serious crackdown. Last Thursday, ADA found support (at $0.55) above a crucial ascending trendline after witnessing drawbacks for three weeks. […]
While many larger cap altcoins increased notably in the past week, Solana SOL remained weak on the daily chart as it struggled to recover. It has formed a double-top pattern with an additional 2% loss overnight. Amid last week’s meltdown, Sol witnessed a lot of loss and rolled to its […]
Alongside other meme coins, Dogecoin recovered from a dip a few days ago and revisited a key price level yesterday. Unfortunately, it faced rejection there, dropped and now appears weak on the intraday trading. Last week, Doge witnessed a notable loss following a bearish crossover from the previous month. It […]
After a mixed reaction in the past week, Ethereum ETH is slowly gaining traction again as the bulls return. It appears lagging as it follows BTC pattern, but has found a solid ground and remains bullish on the day. Ethereum started this month on a negative note after dropping from […]
Following a quick shift in sentiment, Bitcoin BTC is now looking strong again as it charges $73,000. It has established a base support and formed a new bullish pattern on the daily. It is currently set for an explosion. As the halving draws nearer, Bitcoin’s price level has changed again […]
The past three weeks saw DOT through a major corrective phase after posting 80% gains in two months. But now, it appeared to have ended the phase as it bounced off a key support trendline, looking poise for another run-up. Looking at the latest daily price actions, the asset has […]
ARB appeared to have found support with the latest positive actions across the market. Although, it remains bearish weekly as it may dip lower in the coming week. Otherwise, more recoveries are expected. As expected in the past months, Arbitrum’s price corrected deeper for three weeks and traded as low […]
Chainlink has seen some substantial reduction in the past week, failing to provide a major discount. However, the price is currently weak as it gathers liquidity for a massive sell-off on the daily chart. Since Link rejected the $18.3 level, the price has been on a steady fall with no […]
Despite recent market falls, BNB remains strong on the weekly outlook and simultaneously forms a continuation pattern on the daily. The bullish signal may turn invalid if the latest supply outweighs demand. Yesterday saw BNB through a slight retracement after experiencing a 5% cut in price since the start of […]
Bitcoin Cash BCH resumed positive actions today amid a temporal relief in the market. The bulls are not slowing down momentum as they aim to retake the weekly high. It is currently one of the top gainers with an 8% daily gain. In the recent bearish, BCH didn’t fade much […]
Today looks a bit calm for Ripple XRP after experiencing serious bleeding since the start of the week. It saw a rejection and now holds temporarily above a key level. The price is currently facing minor resistance. Last month saw XRP through the end of a bullish phase after rallying 50% […]
Solana SOL dipped to a week low yesterday but has managed to recover overnight. The bears appeared back but are now taking a short break. Following the relief, it is looking for a key retest level to initiate another sell-off. Going back to where the price started to fall in […]
Losing 6% overnight, Litecoin is currently in the red due to the ongoing bloodbath in the crypto space. Despite that, the price is still looking strong and its short-term outlook remains bullish on the daily chart. After moving out from an accumulation phase in the past month, Litecoin increased significantly […]
Matic is in a downward range again after facing resistance in the past week. It has lost 5% this week with no sign of stopping yet. However, the price is trading at a key support level, negotiating for the next leg down. A week ago, Matic initiated another sell after […]
Cardano ADA resumed bearish actions this week following a fresh meltdown across the crypto space. The price appears weak as it heads towards a support line, where a major break or bounce is likely to play. In mid-March, Cardano went through a serious drop after testing the $0.8 level. It […]