Cryptocurrency News
Crypto news
Apecoin fell sharply below $3.6 yesterday but recovered quickly above it today. It is looking for a retest while the trend remains bearish. Earlier this month, Apecoin consolidated around the $5 price level for days and resumed selling pressure following a sudden down surge. This led to a breakdown of […]
The price of Polygon‘s Matic token has continued to remain in a broadening wedge despite the ongoing decline. It currently trades near the wedge’s lower boundary, where a potential buyback could take place. Following sell actions from the upper boundary of the wedge, Matic has shed a lot of losses […]
The roller coaster continues. Polkadot extends bearishness towards the $5 price zone following the recent sell-off. It shows no signs of significant recovery as the price suffers more loss. Many things have happened in this space over the past few days as Avalanche maintains bearish. The ongoing meltdown has continued […]
Litecoin continues to roll down after finding it difficult to extend bullish in February. The recent crackdown has confirmed more bearish play for the 13th best-performing crypto by market cap. The rate at which altcoins are bleeding out has been somewhat worrisome over the past month. Litecoin is not left […]
The price of Terra Luna (LUNC) has dropped drastically over the past few days, bringing it to a low of $0.0000 during last week’s surge. It will likely resume bearish sentiments once the price breaks down from the consolidation phase. Following the period of negative actions and FUD for the […]
Ripple turned down a key resistance level weeks back and showed signs of weakness. After the price fell to a seven-week low, it recovered sharply and remained calm for a while before resuming pressure. XRP’s performance has been quite unimpressive for some days due to the ongoing meltdown across the […]
Solana remained in a range bound following a temporal hold above two-week support. The price is still within the bulls’ radar. A sharp nosedive at this support should trigger a big down surge. By market cap, the 11th best-performing cryptocurrency seems to have found support above the $20 mark after […]
Ethereum went through a lot of squeezes in late February and closed bearish. The price continued to drop this month and has lost almost 7% in the last 72 hours of trading. By this time last week, Ethereum saw a recovery at $1,560 and pushed higher to test January’s resistance […]
After Apecoin retraced in late January, it initiated another sell in the following month, which now brought the price to a 7-week low. The trend appears to be changing in favor of the bears. The mid-February rebound was expected to fuel a continuation of the previous positive actions. But unfortunately, […]
Polygon‘s MATIC lost momentum in the past month after posting several gains for six weeks. The price looks weak as it is yet to find a solid level for recovery. Aside from the early year increase, which saw the price to a multi-month high in February, MATIC has returned over […]
Litecoin continues to preserve past months of gains as it slowly recovers from its monthly support level. It could start a fresh rally with a double-bottom pattern spotted on the higher time frame. Litecoin’s price has recovered well following a series of gains over the past months. It rejected $105 […]
With several projects being built on the network, Polygon is a layer-two (L2) blockchain for Ethereum that makes use of various scaling mechanisms to increase the scalability of the Ethereum mainnet. Polygon Ecosystem Tokens has a total market capitalization of $30,832,533,735 and a total trading volume of $5,183,888,870 in the […]
Lido DAO has shown no sign of weakness despite the ongoing correction across the crypto market. The price continues to increase by the day. During the 2022 bear cycle, Lido DAO established solid support at $0.44 and $0.88, respectively, before starting to show signs of strength that led to this […]
Cardano resumed bearish last week after marking a multi-month high at $0.42. After trading calmly above the monthly low for two days, it is now trying to initiate another sell-off due to the latest reduction across the crypto space. The month of February has appeared to be a correction phase […]
This month came with a retracement after weeks of positive momentum. Bitcoin later found support and bounced back with about 18% gains but failed to extend bullishly. It is now following a negative sentiment. Bitcoin has started to show signs of weakness again after losing grip above the critical $25k […]
The price of XRP increased by 6.2% in the past week following a monthly recovery above $0.36. It is currently in the middle of consolidation and will likely move out of the phase soon. Ripple found support above the $0.36 level and has managed to recover briefly in the past […]
The meme coin market continues to rise along with Elon as it recently resumes positive actions after a decent pullback. The asset could gain huge trading attention as the price approaches a breakpoint. Elon continued to maintain its upward movement after locating support at the $0.000000356 level weeks back. The […]
After months of recovery, Polygon’s price increased by 100% this year to test the April 2022 breakdown level. It rejected that level yesterday and slipped slowly – now looking for solid support. Last week saw MATIC through its first major correction of the month after marking a 9-month resistance at […]