Cryptocurrency News
The FUD surrounding Bitcoin lately is very much intact, but its recent sideways trend appeared to have kept traders in suspense of the next major movement. However, the price has increased by 2.5% earlier in 24 hours. After initiating a drop from $29,800, Bitcoin declined steadily for a week and […]
While some meme coins gained traction during the recent correction, Dogecoin remained weak as it slipped near a major support level. It currently faces an important resistance line on the daily chart. From the yearly high, Dogecoin fell heavily and lost more than 27% of its price to the low […]
Polkadot suffered a lot of losses in the past months. It looks set up for another dip while the price oscillates around $5.3 for some days. Currently, the price is down 2% daily. DOT has been in the middle of consolidation for close to two weeks now. But the sell-off […]
Earlier last week, Binance (BNB) bears had a stopover above a crucial level following a consistent roller coaster since late April. It recovered a bit and now resumes selling towards that level. Despite the relative calmness across the crypto space for some days now, the bears are not letting go […]
Kusama dropped to a key support area last week and suspended bearish pressure after shedding a huge loss in the past three months. It showed signs of recovery today after consolidating for more than a week. One of the biggest losers in the past months of trading, Kusama saw a […]
Arbitrum’s bear took a break since the price dipped to a marked level last week. The buyers pushed briefly from that price level but faced a pivot resistance due to a series of rejections. The recent drop in ARB’s price appeared to have caused serious pain for the bulls as […]
Since the price rolled back near the previous bottom last week, Shiba Inu (SHIB) remains indecisive and has shown no sort of recovery. It looks extremely oversold after depreciating by roughly 24% in the past month. A few meme coins like Pepe and Floki have gained a lot of traction […]
Mask Network signaled a reversal following an increase above a crucial trendline that has been suppressing buying actions in the past weeks. Trading volatility has increased following a surge above a key level. Just like how Mask’s price picked up from a long trendline to flip a resistance line in […]
Cardano’s price remained intact in a channel pattern after shedding a lot of loss in five months. It recently found support on the channel’s lower boundary after consolidating for a week. Recovery lies ahead! The much-anticipated correction to the $0.35 level finally occurred last week after a three-week decline. At […]
Axie Infinity (AXS) joined other altcoins in the dip as it reached its lowest price last week after a four-month decline. The price remained quiet for some days and witnessed a sudden spike to a key resistance today. It rolled back after facing rejection. Following the existing bearish scenario, which […]
Most metaverse tokens have recently cooled off from bearish heat, including Apecoin, which is slowly taking a U-turn after dipping to a four-month low last week. The past months of losses have positioned Apecoin in a more downward spiral, bringing the price near a key psychological level of $3. Of […]
Stepn’s price looks extremely oversold following several drops in the last four months. It has lost over 50% during this dip and also trades near its previous bottom with no sort of recovery at the moment. GMT tapped $0.688 in the first quarter following a sudden price movement later encountered […]
After falling to its yearly low in March, Terra Luna held it for two months and eventually lost ground in a fresh monthly meltdown. It later found support after losing $1 last week. Bearish actions could resume if it struggles to reclaim the lost level. Terra Luna’s trend has remained […]
This week came with a breathtaking steady three-week bearish after a rejection in mid-April. It attempted a recovery, but there’s not much buying volume to fuel it. The coming week may see the price through a notable pullback before resuming bearish. Gala shed a lot of loss in the past […]
Dogecoin looks bearish following several drops in the past weeks. It found support earlier this week and remained calm with several rejections. Trading volatility is currently low. While some meme coins have charted a massive gain in the past weeks, Dogecoin is still finding a solid level to reverse the […]
Binance (BNB) recently reached a rallying point after witnessing a lot of drawdowns this week. It recovered a bit above $300 and returned 1.4% profit in the past hours. After painting a lot of reds in the past few days, the last 24 hours of buying increased the price of […]
Polkadot continued to suffer loss after witnessing a series of drops in the last month. The selling pressure has cooled off a bit, but it is likely to resume soon. However, it has lost roughly 25% in the past month. The past weeks of bearish correction have caused a lot […]
Litecoin formed a double-top pattern on April 18 and started to lose momentum from $103. So far, it lost almost 11% in a week and now finds a solid support level to contain the ongoing selling pressure. Due to the sudden sell-off that hit the market in mid-April, Litecoin failed […]