Cryptocurrency News
BNB’s bearish outlook is slowly ending with a recent strong bounce off a key low. The price currently approaches a minor resistance but will likely explode soon following the latest bullish footprints in the market. As anticipated in the past weeks, BNB found solid ground above July’s low and initiated […]
Since the market recovered from July’s low, ICP’s price has remained in range-bound while finding it difficult to break lower. It just rejected a key resistance after charting a notable gain in the past five days. Following July’s rejection at $11, ICP rolled back gains but managed to stay firm […]
While many altcoins are still trading at the bottom due to low demand, Aave has continued to show strength as it reached a new milestone today. The price has retraced briefly to where it currently sits above a resistance. The month of July marked a notable turning point for Aave […]
Dogecoin recently regained strength after witnessing a massive drop in the past months. While its bearish structure remains intact on the daily scale, it is currently looking bullish following a short rebound. August saw Dogecoin through an end to a broader correction following a monthly back-to-back drop to a local […]
As the global market cap increases this week, Apecoin’s price increases and reach a new milestone in two months. This came after reestablishing support above $0.5, now sets for a strong recovery in the short-term. After plummeting below its launch price in mid-June, Apecoin advanced bearish and recorded another 50% […]
The bulls have continued to suffer a loss on a monthly scale as the market recently resumed a sell-off. This puts Ethereum in a more bearish state as it declined by 45% in four months. It is redistributing for a huge drop. ETH saw a slight rejection after almost reclaiming […]
Last Friday, Bitcoin saw a pause in selling after shedding a 12% loss in two weeks. It has been in a retracement mode for three days and is likely to resume selling as the price reaches a key breakdown level. Bitcoin’s mid-term outlook is still under the correctional phase following […]
While many altcoins are still dipping, STRK appears to have found support as it continues to rise daily. It currently looks indecisive, but the landscape may change soon as it shows signs of strength. The last two weeks have been a tough period in the overall crypto space as most […]
After a short retracement, Avax resumed bearish and continued to show signs of weakness. While the volatility appears low this week, it is likely to resume pressure as soon as the selling volume increases. Avax’s overall market outlook is still strongly bearish on the monthly scale as it continued to […]
Polkadot’s market cap has decreased significantly since it initiated drops in March. Selling pressure currently appears low on the day as the price stalled at around $4 after resuming bearish two weeks back. Nothing much has changed over the past week as DOT continued to lose momentum on a daily […]
The recent bearish action has seen BNB through a notable reduction as it cut $100 from its price in two weeks. It sits calmly above March’s low while gathering liquidity for the next major movement. Two weeks back, BNB lost grip above the $600 level after recovering strongly from a […]
Today appeared calm across the crypto market as most altcoins see a minor daily gains. But Ripple’s trend is still looking weak due to a 4% decrease in a week. It may break below a multi-week support shortly. The sentiment for XRP remains positive on the macro level, although the […]
Continuing the bearish momentum, Sol’s price dipped near a key support level this week but quickly recovered. It is currently in the middle of consolidation, gathering momentum for the next major move. Sol closed last month’s trading very weak after failing to push above the $164 level. This led to […]
A lot of meme coins are seriously in a red zone today following a recent meltdown in the entire crypto space. The situation has become worse since yesterday as Dogwifhat declined by 3% near a two-week support. Last week’s trading was painful for WIF holders as they counted losses due […]
TRX is now undergoing a retracement after posting an impressive gain last month. However, it may resume buying as its overall market outlook remains bullish monthly following a 200% increase in the past year. Tron’s bullish trajectory has remained technically valid from a long-term scale despite past months of bearish […]
Ordi’s market structure remains bearish on the monthly scale as it keeps trading in a descending wedge. However, the trading landscape is changing daily following a recent weekly surge from $26. After recovering briefly from August’s low, Ordi encountered resistance and initiated a drop again with a strong monthly bearish […]
OM’s performance has been impressive over the past 24 hours following a quick jump to $1. This came after establishing support at $0.85 during last week’s drop as it formed a double-bottom pattern on the 4h chart. Following a month’s drop from a high of $1.4 in July, OM provided […]
Unlike Litecoin, which has recently decoupled from Bitcoin, Ethereum continues to follow the leading currency pattern with another major drop in a week. Things might get worse as it builds up for a huge fall. The past ten days have been a horrible period for Ethereum as it fell off […]