Cryptocurrency News
Ethereum’s recovery appeared to be slowing down after testing a key resistance area earlier this week. It is currently in the red following a steady 8% loss this week. The buyers are trying to regroup. Last month, Ethereum recovered from a lower boundary of a channel and broke out of […]
Avax has been gaining traction since it established support in September. This action triggered a pause in its long-term selling as it bounced to test a vital resistance line today. A drop can be expected if a breakout fails. The past weeks saw Avalanche’s price through an impressive gain as […]
XRP and other altcoins are a bit down today after starting the week greenish. Although, the price is slowly building up for a bullish rally, but there’s not much liquidity to initiate positive actions. Ripple versus SEC’s case continued to generate a lot of controversy after experiencing a short victory […]
Amidst the latest positive actions in the overall crypto market, Matic followed the pattern and increased by 12% in a week following a slight break through a crucial descending trendline. More buying could take place if volatility is enhanced. After marking the highest price level at $1.5 earlier this year, […]
Bitcoin’s sentiments continued to follow a bullish trend since it found solid ground last month. Yesterday, it broke through a vital resistance line as it targets August’s breakdown level with 10% gains in a month. Here is a quick recap from last month’s recovery: Bitcoin tested the low of $25,000 […]
Most altcoins have posted impressive gains since last week due to an enhanced volume across the crypto space. Large-cap like ADA has bounced slightly from its five-month low with 4% gains in one week. In April, Cardano rejected the $0.46 level and started to lose momentum after testing the level […]
Solana’s bearish trajectory is still intact from a short-term perspective. But it found support this month and bounced off to test a key resistance. It may resume mid-term bullish if the price breaks through this important resistance. SOL entered the third quarter of the year on positive actions, but the […]
Several meme tokens have recovered briefly from their dip over the last 72 hours as the market cap evaporated above $14 billion. Behind Doge and Shib, Pepe has charted over 30% gains in the last 7 days. After testing the low of $0.00000061 in the mid-month, Pepe’s bears took a […]
Metaverse token like Apecoin has seen an extreme drop in price since the start of the year as the entire crypto market experienced a severe meltdown. It has traded calmly above $1 over the past two weeks, poising for a price break. In January, Ape’s price increased by over 80% […]
After witnessing a massive explosion in June, BCH corrected lower and entered the second half of the year in a bearish mode. However, it later established support and bounced back. Against Bitcoin, the price remains strong. Bitcoin Cash started to gain traction after locating support at $165.5 in August. It […]
Ethereum started the second half of the year on a bearish note with no sign of recovery at the moment. However, the price has stalled below a key level for days. A surge above that level could activate a fresh increase. This month, Ethereum continued to show signs of weakness […]
CRV saw notable gains in the past few days following a recent recovery in the global market cap. However, its mid-term bearish trajectory is still intact. It leads the top-gainer chart with an 18% increase in the past 7 days. Two weeks ago, CRV bounced off a crucial support level […]
The sentiments surrounding Bitcoin lately appeared bullish, but things are still not looking good for the most-traded asset as it remains bearish on the weekly. It currently looks stable with a market dominance of 49.1%. Last week saw Bitcoin suddenly rebound after testing the $24,900 level (April’s resistance) as monthly […]
Solana’s price continues to increase after making a short pullback a few days ago. It’s bullishly heading for a short-term resistance line, where the price is likely to break or make. The price is currently up 17% weekly. As few altcoins enjoyed volatility inflow due to Bitcoin’s indecisiveness for some […]
Litecoin found support after pulling back from its yearly high in the past week. But it is yet to regain momentum due to low trading volatility. However, its mid-term bullish remains intact on the weekly scale. After taking off at $71` last month, Litecoin went through several hurdles and suddenly […]
Avalanche is still looking bearish on the higher time frame. But the recent bounce off a key psychological level seems to have changed the direction of the market as it now turned bullish on the lower timeframe with a 30% gain in a month. Avax has added a few dollars […]
Bitcoin is currently down with a 2% drop in the last 24 hours. It lost $31k today and now diving towards $30k with serious sell pressure. However, its mid-term bullish remains intact on the higher timeframe. Just a few weeks ago, Bitcoin bounced off crucial support as expected and regained […]
BNB remained in the middle of consolidation since the price crashed in June. It showed strength this week and now approaching a key resistance level with a 10% gain in five days. A potential reversal is in play. After pulling back for a week, BNB found support on Wednesday and […]