Cryptocurrency News
Opening this month short, ETH found solid ground after establishing support above $2.3k. This restored buying pressure as the price gradually rose with a double-bottom formation on the short-term scale. Ethereum has continued to subject the market to a sideway move since it rejected the $2,100 level in August. It […]
Last Thursday, Bitcoin reestablished support above the important $60k level following a quick recovery from a small retracement phase. The price currently appears strong as it resurges on a daily scale. Bitcoin’s price is growing stronger daily but trading is still captured in a falling channel for over seven months. […]
As altcoins have recovered since Thursday, TON posted minor gains and briefly turned green. However, it appeared to have found support as it continues to increase daily – now showing signs of strength. TON has been on a buying spree in the last 72 hours, but the pressure is still […]
Tron’s market structure is still looking bullish from a long-term perspective. After taking a little break in buying, it recently initiated another rally after going through a short retracement. After exploding massively to a peak of $0.17 in August, TRX lost steam and retraced in the late month. This retracement […]
This month’s crackdown has subjected DOT to a serious loss, but it appeared to have taken a breath amid the current market recovery. It is climbing back but buying pressure seems low at the moment. Dot’s overall market outlook remains bearish on a long-term scale. But it seemed to be […]
Many altcoins are in green today, including Avax which posted 4% gains in the past 24 hours. This gain was triggered by a bounce off a support line yesterday and is now looking strong on the daily chart. This month’s trading looks a bit dicey due to some minor drops […]
ARB’s structure is still on a downward slope on the macro level, though it took a slight break in selling after posting a small gain months back. It appears down on the day as it traded flat for almost a week. Arbitrum is one of the most promising scaling solutions […]
Last week, Sol took a quick downturn after failing to break above a two-month high in the preceding week. However, it has resumed bullish but buying volume looks low following recent price rejection. After the early-month fallout, Sol created new support at $131, and the price increased nicely as it […]
BNB’s outlook is becoming bullish again after losing grip above key price levels in the past month. Amid a recent bounce, it posted losses overnight but the price is slowly picking up on the lower time frame. The $600 – $618 levels have been a critical resistance zone for BNB […]
Bitcoin fundamentally opened this month on a short after failing to push above $67k in the previous month. However, it appears to have found a strong footing and is now climbing back on a daily scale. The recent monthly drop in Bitcoin’s price was seemingly triggered by the new conflict […]
Following a recent break and rest pattern of a five-month descending channel, Avax found support this week and bounced briefly. It posted gains today and looks ready for another swing high. After marking resistance at the $30 level in late September, Avax started this month weak with a pullback and […]
In line with the recent higher high and higher low formation, Link found new support in the mid-week and gradually regained momentum on a daily scale. This increase could lead to a breakout of a falling channel. The past two months of trading have brought notable increases in Link’s price […]
Amid this week’s meltdown, XRP lost momentum after failing to sustain buying above a key level. It appears bearish on the day but is currently indecisive as it decides on the next move with a 15% loss in a week. During last month’s trading, XRP’s price rose briefly above the […]
Since the price dropped from a key level last weekend, FTT has been in the middle of consolidation, trading calmly under $2.5. However, it looks poise for another rally following a 15% gain in the last 24 hours. Last Sunday saw FTT through a sudden surge in volatility after slowly […]
Last month, POL went through a small retracement, but it seemed to be back in a sell mode after witnessing a double rejection under $0.45. It currently looks set for a breakdown while approaching a key support. After the upgrade from MATIC to POL over a month ago, the market […]
Following a short bearish break in August, Litecoin saw a notable recovery above a key level but it recently lost steam. The price appears weak on the day following a fresh monthly crackdown. As seen among top altcoins across the crypto space, last month’s trading was exciting for the bulls […]
Suspending bearish correction last month, DOT went through a short recovery and retested a key price level. But it currently appeared to have resumed bearish after failing to break above a mid-term resistance line. After opening short in September, DOT located support and increased steadily until the price tested a […]
Sol saw a notable recovery last month following a strong bounce off a crucial support level. However, trading is back in a downward range as it failed to push above a vital resistance level during the last buying phase. This week’s trading has been a thorn in the flesh for […]