Cryptocurrency News
In the middle of the storm, Bitcoin dropped below $28k in the past hour, looking for support to hold pressure. It may suffer more losses in the hands of the bears. But if solid support is located, a major recovery will start in no time. Bitcoin retested the $30k level […]
The latest meltdown has dragged the price of Shiba Inu to a crucial support level. A crack at the support could lead to a huge decline, which may send the price back to the late 2022 low before it takes a break. A quick recap of what happened since the […]
While some altcoins have charted substantial gains recently, Apecoin remained indecisive and is yet to witness a major price movement. It currently looks calm but lost 4% over the past hours. The past weeks have been so uninteresting for traders and investors amid the negative sentiments that hits the entire […]
Binance (BNB) showed a sign of strength today after slipping from an important resistance level a few days back. However, it appeared to have found temporal support following the latest recovery across space. During last week’s trading, BNB recovered above the $318 level after witnessing significant drops. The price increased […]
Solana is up 2.70%, with a little volatility over the last 24 hours. It recently found support and appeared to be building up for a fresh increase. But the volatility looks low right now. Following the neutral-bearish mode over the past few days, SOL found a solid level at $20 […]
Many altcoins have rolled back to previous lows during a recent meltdown, including GMT which is now trading near March’s low following a 20% dip in almost two weeks. Stepn‘s GMT has been in a calm consolidation phase since the start of the week. While it took a break and […]
Following several gains earlier this month, Ethereum flipped a four-month channel and marked a new high in a year. Failed to sustain momentum and rolled back inside the channel. What happened? Ethereum has been mirroring Bitcoin’s pattern for some weeks now. The correlating price actions made the second-largest crypto by […]
The price of EGLD increased by 13% amid the latest market recovery. Following this gain, it’s spotted as the top gainer of the market on a daily and weekly scale. It encountered resistance and failed to surpass the $50 mark. Just after the crypto market recovered a bit yesterday, EGLD […]
After losing several levels in the past week, Bitcoin found temporal support and traded calmy around the $27k level since the start of the week. More reds could be painted. Just after BTC failed to recover above the $28k level yesterday, the price retraced and started to form another swing […]
Shiba Inu remains weak after decreasing by more than 10% since last week. It is still finding close support to a lay-by for a while before deciding on where next it’s heading. Last week saw the entire crypto market undergo a broader correction. The dogecoin killer – SHIB is not […]
Ripple recently took a downturn after failing to sustain buying pressure above a key supply zone. It fell off that zone and initiated more sell actions. This led to a retest of late March’s breakout. A rebound is likely. The much-anticipated move has finally come into play following a recent […]
Chainlink joined other altcoins in this week’s market meltdown. The price fell by roughly 15% so far but the price is still within a range-bound. It may move out of the box if the current bullish pattern continues to play. Starting the year on a bullish note, Link’s performance has […]
After witnessing low volatility for several days, Cardano surpassed a psychological level and printed a new high. It fell throughout this week and shed a 15% loss in a week. But recovery is underway. Before surging through the $0.40 resistance level last week, Cardano witnessed a serious shrink in volatility […]
Litecoin took a heavy downturn a few days ago after facing a critical resistance zone. The forming H&S pattern could activate a parabolic move if the price recovers above $100. In March, Litecoin recovered from a deep correction and gained traction. It reclaimed several resistance levels on the way up […]
Polkadot (DOT) initiated a fresh decrease during the week after testing the $7 level as resistance. It formed a triangle pattern and now driving towards its lower boundary for support. The price is currently down by 3% today. After witnessing a steady recovery in the past month, Polkadot lost momentum […]
The metaverse market cap is down 5% today due to the ongoing sell-off across the crypto space. As a result of this, Apecoin lost its spot on the metaverse chain with a 14% weekly drop. It’s currently negotiating $4. Last week’s recovery brought a small increase to Apecoin’s price. It […]
Ethereum made a mid-week reversal following the current correction in the overall market. This correction came with a sharp nosedive near the $1.9k level and has remained calm around there ever since. The past two weeks have been so volatile for Ethereum as it broke out of a four-month channel […]
The price of Luna decreased by 3.8% today following a sudden crash that hits the overall market. It rolled back to the $1.3 trading zone. Due to low buying volume over the past weeks, it is yet to show a sign of strength. Since the collapse of the Terra ecosystem […]