Cryptocurrency News
Arbitrum’s price has further increased by 5% this week after witnessing a solid rebound in October. Having formed a bullish pattern on the daily chart, the price increased above $1 and now targeting July’s high. Amid recent upsurge across the market, ARB has seen a notable gain after establishing base […]
Last week saw Sol through a crucial breakout after staying in an ascending channel for a year. It retraced briefly, bounced back and is now losing steam on a daily. However, the price is still up by 2% today. After testing the upper boundary of its channel last week, Solana […]
Matic’s price continued to increase since it bounced off the $0.50 level weeks back. The trend currently looks bullish in the short term as it shows no signs of weakness. More positive actions should be expected! Following a slight pullback near a broken resistance line last month, Matic found support […]
Today saw XRP through another upsurge as it reached a new milestone in three months. The build-up looks slow, but we can expect a huge rally as soon as volume inflow increases. Resistance lies ahead. XRP increased by a total of 16% in a week as it entered a new […]
EGLD is currently the top gainer of the market following a daily 60% surge to its highest price level in eight months. It encountered resistance and dropped briefly, looking for nearby support to fuel more rally. Following two years of steady decline, EGLD found support above $22 in September and […]
Cardano’s price recently broke out of structure after trading in a wedge for months. The trend now looks bullish across major timeframes with no signs of weakness. A pullback should be expected if the price drops. During last month’s recovery across the market, ADA surged through a vital resistance and […]
Last month saw Litecoin through a slight breakout after finding solid ground. It encountered resistance, fell sharply and remained in a consolidation phase ever since. Now building up for a massive explosion. After mounting new support above the $60 level in October, LTC recovered well and broke out to $73. […]
As some altcoins get out of the woods in the short term, BNB continues to trade in a red zone as it struggles to break higher. It’s currently consolidating after increasing by 15% in three weeks. Since the SEC saga with BNB in the past months, the price dropped heavily […]
The crypto fear and greed index now stands at 72 as the market lost $200 billion in 24 hours. This affected Bitcoin seriously as it slipped under $35,000 after losing 2%. Most altcoins are also bleeding out. Since Bitcoin’s price reached the $35,280 level last week, it has been facing […]
Last month saw DOT through a major breakout of a descending wedge. It retested the wedge as support and rebounded with a substantial gain. The price is now stalled under a key resistance level due to rejection. DOT started to recover in mid-October after experiencing a severe drop to $3.6 […]
Ethereum has reached a critical trading area – where a fresh decrease could take place. However, it remained bullish but has now entered a consolidation phase with a daily 1% loss. A week ago, Ethereum was trading as high as $1,865 after witnessing an impressive 20% growth within three weeks. […]
Solana’s bullish trajectory remains intact on a mid-term, but it seems to have reached an exhaustion point as it tests its channel’s upper boundary today. A broader retracement is likely if the price keeps respecting this channel. Sol has been forming inside an ascending channel since the price dipped to […]
This month saw Bitcoin through a massive explosion after taking off near its 7-month low. It cooled off a bit and later resumed buying. The price is now looking poise for a bigger rally on the higher timeframe. After surging through several key resistance levels in the past week, it […]
Kusama regained momentum a few days ago and joined other layer 2 tokens in the recent market surge. It flipped through a descending trendline to test a key level following a 20% growth in a week. Earlier this year, KSM traded as high as $49 following a 150% rally in […]
Apecoin recently suspended its bearish cycle after finding support above a psychological level. It appeared to have found a bottom due to a bullish formation in the past few days. The price is currently up by 1% today. After dropping slightly below last month’s low, Apecoin found support above the […]
Floki resumed positive actions last weekend and broke through key resistance levels in the past week. It has greenlighted short-term bullish and currently leads the altcoins rally with a 40% gain in the last 24 hours. After eight months of bearishness, Floki found solid support above the $0.000015 level in […]
Avax lost steam earlier this month after facing a sharp rejection. However, it regained momentum last week and later pushed near the monthly rejection level today. It has retraced briefly, but more positive actions lie ahead. Last week saw Avax through a notable recovery after dropping for days. It managed […]
Following a resurge from base support, Gala reclaimed its previous high and marked a new monthly high yesterday. It pulled back but still holds a daily 8% gain. More growth is expected once it finds support. Gala has been on a steady rise for some days now, but it appeared […]