The cryptocurrency market has been known for its volatility and unpredictability, but with the current state of the market and the massive adoption, especially territorial adoptions, it appears that the next few years will be bullish for cryptocurrencies. As an investor, you need to be prepared for this run to […]
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Here’s The Possible Impact Of Hong Kong’s Recent Crypto Adoption
It’s true that Hong Kong has been taking significant steps towards adopting cryptocurrencies, as it looks to become the new thriving Crypto hub. In recent years, the Hong Kong government has introduced new regulations aimed at regulating the use of cryptocurrencies and other digital assets. Additionally, The Hong Kong’s Securities […]
Unraveling the FTX Scandal: The Mysterious Role of BitBoy Crypto
A storm has been brewing in the crypto world, and it’s one that’s left many investors reeling from the sudden collapse of FTX, once the third-largest cryptocurrency exchange in the world. The impact of the company’s downfall was felt worldwide, leading to a devastating crypto crash. But amidst the chaos […]
Shiba Inu Price Analysis & Prediction (May 2nd) – Shiba Drops 5% Amid Latest Crackdown, at the Verge of Losing 4-Month Support
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 […]
Apecoin Price Analysis & Prediction (May 2nd) – Ape Drops Below $4 Following a 4% Daily Loss, Are Bears Back?
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 Coin Price Analysis & Prediction (May 2nd) – BNB Bounces Off Key Support Amid Latest Market Drops
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 Price Analysis & Prediction (May 1st) – SOL is Likely to Repeat This Pattern From $20, Watch out For Breakout Soon
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 […]
STEPN Price Analysis & Prediction (May 1st) – GMT Flattens After Nearing Previous Lows, Records Huge Loss Amid Broader Correction
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 […]
Ethereum Price Analysis & Prediction (May 1st) – ETH Rolls Back Inside Channel as Upper Boundary Stops Recovery
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 […]
MultiversX Price Analysis & Prediction (April 27th) – EGLD Attempts to Break This Channel Prove Abortive, Rejects at $50
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 […]
Bitcoin Price Analysis & Prediction (April 27th) – BTC Reclaims $28k With a Daily 2% Gains, Reliefs Bearish Sentiments
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 Price Analysis & Prediction (Apr 26th) – SHIB Recovers 0.5% Amid Bearish Break, Can It Pick Up?
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 Price Analysis & Prediction (April 26th) – XRP Retests Key Level After Breaking Out Last Month, Possible Rebound Underway
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 Price Analysis & Prediction (April 25th) – LINK Looks Weak But Forms a Bullish Pattern While Ranging
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 […]
Cardano Price Analysis & Prediction (April 25th) – ADA’s Bears Take a Break After Mounting Pressure, Up 2% Daily
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 Price Analysis & Prediction (April 25th) – LTC Attempts to Bounce at Support, Possible Head & Shoulder Formation in Play
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 […]
What’s So Special About EGLD and Why Its Market Cap Is Above $1 Billion
MultiversX (EGLD) is a top tier cryptocurrency that has been making waves in the industry since its inception. With a current market cap of over $1 billion, many investors are wondering what makes this coin so special. Factors Influencing EGLD’s Success One of the main factors contributing to the success […]
Polkadot Price Analysis & Prediction (April 24th) – DOT Targets This Triangle’s Support After Losing 13% Weekly, Incoming Rebound?
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 […]