Cryptocurrency News
Last week saw Bitcoin through another major decline but after a lot of indecisiveness around a key level, it finally broke lower and closed the week strongly bearish. It currently looks ready for a bigger fall. We recall that August started painful for Bitcoin after falling from $70k in the […]
Amid recent price falls, Litecoin regained strength after locating support this week. This puts the asset in a 4% gain with a traded volume of $331 million in the last 24 hours. Still, it remains bearish on the mid-term. Two weeks ago, Litecoin rejected the $70 level after recovering nicely […]
Following several bounces off crucial support in the past months, Sol faced tough resistance again and began to lose traction. The price is currently on the verge of breaking through a three-week support. This month’s trading has been quite interesting as Sol bounced sharply from a dip but things turned […]
Gala’s market structure is still looking bearish on the daily chart but the trading landscape might change soon as it recently revisited a local bottom. A surge above the previous high could activate a reversal. As several altcoins post losses today, Gala remained strong as it resumed buying after finding […]
This week started a bit ugly for ICP but the price is looking strong today following a small increase from a temporal support level yesterday. However, the overall market remains bearish as it charges for gains. Since ICP found solid ground in early July, the $5.8 level has remained firm […]
Dogecoin extended bearishness this week after facing resistance in the preceding week. It has found a grip above $0.095 following a small gain but there’s still room for drops if the bearish pattern continues to play. After witnessing a three-week recovery from the monthly dip, Dogecoin initiated a drop and […]
While most altcoins saw a major recovery since the monthly crash, ARB’s price remained relatively calm due to low volatility. It has initiated a drop again and is now losing momentum as the market bleeds. ARB appears back on a selling mode after initiating a false break above a five-month […]
Amid the latest drops, BNB’s price declined by 3% weekly as it showed signs of weakness on a daily scale. However, it has bounced slightly from a weekly low but is currently footing another bearish move. Last week marked an end to BNB’s retracement after experiencing a major recovery from […]
While most meme coins have taken a downturn in the latest market fall, Floki remains bullish as it reclaims its monthly high earlier today. Despite facing a rejection, it is one of the daily top gainers with a 1.7% increase. Floki further shows signs of strength today following a 10-day […]
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 […]