Cryptocurrency News
This week saw Solana through a small increase after establishing new support above the monthly low. However, it encountered rejection as it failed to sustain recovery above a minor resistance – currently up by 2%. Sol’s bulls lost steam lately after marking a two-year high at $68 two weeks ago. […]
Avax looks a bit calm on the daily after mounting weekly support around $19. It has formed a bullish pattern above this price level on the hourly and now looking prime for a resurge. The price is currently up 2.5%. Following last month’s surge that took some major altcoins to […]
Since Bitcoin tested the upper boundary of its channel this month, the volatility dropped as it entered a consolidation phase. It is still trying to regain momentum on a daily but lacks enough volume to sustain the rally. Bitcoin’s consolidation phase extended this week amid low volatility. The trend is […]
Luna Classic advanced bullish this week following a strong rebound last Thursday. While the price remains strong on a daily, it looks highly volatile across major timeframes following a huge gain in the past week. Lunc started to show signs of strength after establishing support at $0.000055 in October. Following […]
Amid market indecisiveness, low-cap gems like GMT have reached a new milestone following a 15% surge in the last 24 hours. This surge put the asset into the top gainer spot with a traded volume of $487 million. Stepn’s recovery started last month as it bounced off the $0.14 level. […]
Most top altcoins have been relatively calm for the past three weeks, including Cardano which is now in a consolidation phase. However, the buyers are still in control. A surge from this phase would determine where it would head next. Following last month’s rally, which brought Cardano to a seven-month […]
Most top altcoins have retraced briefly in the past few days due to a slight drop in the global market cap. Solana looks a bit strong today following a resurge from $51. The price is up 8% in the last 24 hours. Last week, Sol lost steam and corrected briefly […]
Due to the latest price drops across the market, Bitcoin went red and lost over 4% in the last 24 hours. Still, its dominance stands at 51.8% as the fear and greed index drops to 67. More bleeding may surface! Bitcoin appeared to be losing ground again after a quick recovery […]
Near advanced rally this week after pulling back slightly last weekend. The price looks strong on the daily with no signs of weakness. Currently, it leads the top gainer chart with a 21% increase in 24 hours. After losing momentum for almost two years, Near found a solid ground level […]
Following recent drops across the market, XRP halted buying and saw an 8% correction in the past week. It found a temporal support this week and now remained calm above it. More bleeding is likely if the support cracks. Earlier this month, XRP tapped $0.73 and held it as resistance […]
After increasing by 50% in two months, Bitcoin paused its rally and slipped under $37,000. Despite that, the trend remains bullish on the higher timeframe. Amid the latest drops, its dominance stands at 51.1%. The latest drop in Bitcoin’s price was triggered by a sudden rejection after almost hitting $38,000 […]
Doge remained bullish on the daily timeframe but has seen a small 2.5% drop in the last 24 hours. A bounce above the $0.75 level is likely to keep the bulls on track. It currently looks weak as it nears a dynamic resistance. After bouncing off the $0.057 level last […]
As most altcoins witnessed a serious surge throughout this week, Litecoin remains indecisive after recovering by almost 25% in a month. The trend still looks bullish as it traded well above the $70 level. Amongst other cryptocurrencies, Litecoin appeared lagging in the latest surge in volatility. However, it has seen […]
Avax appeared to be reversing the trend following the latest surge in volatility. It experienced a massive gain in the last two days and registered 40% profits in a week. The price is now testing a key level. Last month, Avax mounted support above the $8.5 level after losing momentum […]
After staying in the middle of consolidation for months, Luna broke out overnight and rallied heavily near $0.9. The sudden price movement has brought the price out of the short-term bearish zone. Luna halted bearish two months ago after locating solid ground at $0.39 in August. After that, it consolidated […]
Ethereum finally broke out of a falling channel after increasing steadily for four weeks. While looking so bullish on the daily chart, it currently sits at a vital resistance level, gathering momentum to advance higher. Last month, Ethereum found support above the $1,500 level after undergoing a correction for months. […]
This week, Cronos’s price reached a crucial supply zone after rising consistently for a month. It has rejected that zone twice and is now deciding on where next to head. However, it remained bullish on a daily. After finding solid ground above the $0.05 level, CRO consolidated for two months […]
After initiating a buy in September, Chainlink increased significantly and formed an inverse “head and shoulder” pattern. This led to a massive surge near its two-year high with 170% gains in two months. Link appeared extremely bullish from a short-term perspective following a huge breakout of a long tight range […]