Tron has been gaining traction for some days, increasing by more than 7% in a week. It broke above a crucial resistance last month and has remained strong since then as bulls now take charge. TRX’s performance has been so impressive over the past months. Since the price recovered from […]
Crypto
Kusama Price Analysis & Prediction (June 6th) – KSM Forms Bullish Pattern Following a 10% Weekly Recovery, Facing Key Resistance Line
In the second quarter of the year, Kusama found base support and started to show signs of strength. It has formed a bullish pattern on the higher timeframe, looking ready for a massive rally. It has seen 3.5% gains today. Just after testing the $25 level in the past weeks, […]
The Adoption of Cryptocurrencies in Arab Nations: Examining Saudi Arabia’s Recent Move
As governments look for alternatives to established financial institutions in an interconnected world, the rise and use of cryptocurrencies have accelerated. According to recent reports, Saudi Arabia, a significant Arab country, is seeking to join the BRICS New Development Bank (NDB). This development raises concerns regarding the use of cryptocurrencies […]
Here’s The Possible Impact The Debt Ceiling Vote Will Have On The Cryptocurrency Space
The debt ceiling vote is a complicated matter with numerous potential effects on the crypto industry. A U.S. debt default, in the opinion of some analysts, would trigger a sell-off of risky assets like cryptocurrencies. This is because a default would indicate that people no longer have faith in the […]
Here’s The Impact Of Russia’s Recent Decision To Use Crypto Exchanges To Settle Cross-border Transactions
Russia, a former critic of crypto, is now embracing and implementing blockchain technology. The decision by Russia to settle cross-border transactions through cryptocurrency exchanges may benefit the overall cryptocurrency sector. This is because it would boost interest in cryptocurrencies and would encourage more businesses and people to adopt them. Additionally, […]
Kusama Price Analysis & Prediction (June 5th) – KSM Forms Bullish Pattern Following a 10% Weekly Recovery, Facing Key Resistance Line
In the second quarter of the year, Kusama found base support and started to show signs of strength. It has formed a bullish pattern on the higher timeframe, looking ready for a massive rally. It has seen 3.5% gains today. Just after testing the $25 level in the past weeks, […]
Arbitrum Price Analysis & Prediction (June 5th) – ARB Remains Above $1 as Volatility Shrinks, Will it Hold?
Arbitrum has shown a sign of strength in the last 24 hours, but the price still looks bearish from a short-term perspective. Though, it is currently consolidating above a key support level. Since the price dropped to a key psychological level of $1 in May, ARB took a breath and […]
Lido DAO Price Analysis & Prediction (June 5th) – LDO Gains 17% Weekly After Bouncing Off a Solid Level
Lido resumes bullish after successfully breaking above a crucial resistance trendline. It retested the trendline as support yesterday and now surging toward a key resistance level. But it seems to be facing resistance. After losing momentum for three months, LDO found support above the $1.5 level and bounced off to […]
Avalanche Price Analysis & Prediction (June 5th) – AVAX Forms Double-Bottom Pattern Above Two-Week Support, Potential Bullish?
Avalanche (AVAX)’s price increased by 2% overnight after failing to sustain negative actions below the previous low. It held as support and formed a double-bottom pattern. A potential bullish reversal is in play. Following the last 24 hours’ gains across the crypto space, Avax appeared to have suspended selling pressure […]
Litecoin Price Analysis & Prediction (June 2nd) – LTC Continues to Foot Bullish, Builds up For a Potential Break
As most altcoins dropped to their bottom following past months of bearish, Litecoin remained bullish and continued to show signs of strength. It has gained almost 13% in a week. The price of Litecoin has continued to increase over the past few weeks following a bullish formation on the daily […]
Ethereum Price Analysis & Prediction (June 1st) – ETH Signals Bearish, Targets $1,700 as Next Swing Low
Ethereum and most top altcoins have suffered a substantial loss amidst the latest crypto market’s downfall. The bears are stepping back to pull the price to $1,700 in the next few days. It lost 2.5% overnight. Following last week’s recovery that pushed the price above the $1900 level last weekend, […]
Cardano Price Analysis & Prediction (June 1st) – ADA Retests This Channel’s Lower Boundary, as it Negotiates For a Break or Bounce
After witnessing a series of drops in the past weeks, Cardano reached a critical trading area where a major bounce or breakdown may come into play. Now negotiating for the next direction. The price of Cardano looks overstretched following past weeks of negative actions across the market. Due to the […]
Considerations Before Investing In BRC 20 Tokens In 2023
Tokens called BRC20, also known as “Bitcoin Request for Comment 20” tokens, are a brand-new kind of token that functions on the Bitcoin network. The Ordinals protocol, which enables users to save a script file on Bitcoin and use that to ascribe tokens to certain satoshis, is used to develop […]
Binance Coin Price Analysis & Prediction (May 31st) – BNB Attempts More Breakdowns After Testing Crucial Support Line
Binance (BNB)’s price depreciated by almost 20% in the last two months due to strong bearish actions. This dragged the price to a crucial support line, where it currently negotiates for a sigh of relief. Following past weeks of fallout, which saw the price through several breakdowns, BNB found support […]
SingularityNET Price Analysis & Prediction (May 26) – AGIX Establishes Support After 60% Correction, Is The Bottom in?
Just today alone, SingularityNET price went up by 13% following a significant volume inflow in the past hours. It has formed a bullish pattern on the lower time frame, looking set for a rally. In the first quarter of the year, the price of AGIX rallied by over 1000% to $0.668. It […]
Render Token Price Analysis & Prediction (May 26) – RNDR Continues to Surge as Crypto Market Loses Over $20 Billion, Jumps 14% daily
Render Token restarted bullish a few days ago after weeks of retracement. It has posted roughly 70% gains since it bounced back last week and shows no signs of weakness at the moment. As most altcoins dropped to their two-week low yesterday, RNDR remained calm and further added a few […]
STEPN Price Analysis & Prediction (May 26th) – GMT’s Recovery Halted Amid Latest Drop, Holds 3% Gains Weekly
Stepn saw a small increase in the last 15 days, but the price looks down today due to the latest drop in the entire crypto market. It lost 1% overnight but still held weekly gains. Two weeks ago, GMT’s price bottomed at $0.25 after initiating a second leg down from […]
Gala Price Analysis & Prediction (May 26th) – GALA Forms Bullish Pattern, Looking Poise For Increase
The gaming cryptocurrency – Gala surged by roughly 2% today following a slight bounce yesterday. The monthly bullishness seems to be suspended as it now forms a bullish pattern on the daily chart. Unlike larger-cap coins that rolled back to the bottom last two weeks, GALA looks a bit far […]