Cryptocurrency News
As the global market cap decreases this week, XRP turns slightly bearish after tapping $0.63. It has seen a 10% loss but is still charging for more drops. This may lead to a huge fallout if the bulls fail to intercept. Since the price dropped from the $0.66 level in […]
Bouncing off a multi-month low earlier this month, Ethereum retraced for three weeks to retest crucial breakdown support as resistance last weekend. It saw a rejection and now looks set for a drop. Ethereum’s market structure is still looking much more bearish on the short-term trend following a lower low […]
Since last week, Bitcoin’s price has increased notably following a sharp rise to $65k. It has paused buying and now looks calm with choppy price actions. A surge above the $70k level should confirm a bullish breakout. Bitcoin started this month rough following a massive breakdown from $63k to $49k […]
Notcoin is down 18% today following a notable drop below the $0.01 level. While the bulls are off the market, it is slowly reaching the bottom as the overall market outlook remains bearish on the daily chart. Following this month’s recovery across the crypto space, Notcoin did not see much […]
The past 24 hours have seen TON through another downturn following a sharp drop under $6. While it appears highly bearish daily, it may roll back to the yearly low if the price breaks below its five-month support. After witnessing multiple rejections at around $7 in the last two weeks […]
After remaining relatively calm throughout last week, Cardano regained momentum and advanced buying near a key level today. while the bulls appeared back in action, the trend remains bearish on a mid-term scale. Starting this month on a bearish note, ADA dumped to the $0.28 level and later bounced back […]
Following a slight pullback this week, Litecoin found support nearby and resumed buying pressure but is now facing small hurdles at a key resistance level, where the next major move is likely to take place. Litecoin has recovered nicely from the recent dip and is now footing a bullish move […]
The last 48 hours mark the most volatile session in the market since Avalanche started to recover two weeks back. It appeared strong on the week but bias remains bearish on the monthly scale. Last week’s trading was painful as Avax briefly turned weak after posting small gains from the […]
Following the monthly breakdown, which later turned false due to a sudden price recovery, Solana traded back in a five-month range and stayed indecisive since last week. Now negotiating the next major move. Since Sol saw a quick recovery back in a range earlier this month, it failed to advance […]
As most Doge-themed coins continued to gain traction, Floki’s price further increased by 15% today to reach its highest trading level in four weeks. It currently appears strong on the day but remains bearish. In continuation of the early monthly bounce, Floki has attracted another 20% gains in a fresh […]
BNB’s price is reaching a crucial breakpoint again after experiencing a steady increase from a five-month low. A big move lurks around the corner as the price approaches a key resistance level. Following a sudden price rejection at exactly $400 earlier this month, BNB faced a lot of hurdles but […]
Amid market indecisiveness, Matic increased by 7% today following a steady increase in the past few days. While the bulls show signs of commitment, it is important to note that the trend is still bearish. The last five months of drops saw Matic through an 80% correction as the price […]
In a fresh surge, Tron’s price broke out to a multi-year high following a significant increase in demand this week. The price has increased by over 27% in the last 24 hours, and it looks bullish on the weekly chart. TRX bounced off the $0.116 level three weeks ago after […]
Joining other meme coins in the latest surge, Dogwifhat’s price jumped 15% in the last 24 hours after establishing new support. While its mid-term bearish bias remains intact, it currently shows strength daily. The psychological $1 level has held well this month as Dogwifhat failed to extend its mid-term bearish. […]
After recent Defi tokens surged, most meme coins are now on the rise this week as volume flows into the industry. Brett’s price appears strong, leading altcoins rally following an impressive surge since yesterday. Throughout last week, Brett showed weakness as it posted several losses after resuming bearish actions an […]
Ethereum’s bias remains bearish on the daily chart following a recent crash to a yearly low. It has recovered slightly but is now trapped in a consolidation phase. A huge drop is expected if the supply level rises. Since Ethereum rejected $2,780 last week, the price has remained weak as […]
Bitcoin’s price is still weak but has seen a small increase after rejecting $60,300 last weekend. However, it is gathering momentum as it forms a new bearish pattern with a 55.8% dominance at press time. After tapping $62,750 two weeks ago, Bitcoin marked resistance there and showed signs of weakness. […]
After providing bigger discounts for long-term accumulation earlier this month, Rune increased for two weeks and tested a key level today. It saw a rejection and turned weak, looking poise for a drop on the day. Rune’s bearish structure remains intact on the daily timeframe, although it has been showing […]