Cryptocurrency News
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 […]
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 […]
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 (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 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 […]
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 […]
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 […]
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 […]
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 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 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 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 […]
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 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 […]
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 (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 […]
The metaverse market cap is down 5% today due to the ongoing sell-off across the crypto space. As a result of this, Apecoin lost its spot on the metaverse chain with a 14% weekly drop. It’s currently negotiating $4. Last week’s recovery brought a small increase to Apecoin’s price. It […]
The convergence of cryptocurrency and Artificial Intelligence (AI) has led to the emergence of cryptocurrency AI project tokens, which offer investors an opportunity to invest in the exciting and rapidly growing market of cryptocurrency AI projects. However, investing in these tokens requires careful consideration of several key factors to minimize […]