Cryptocurrency News
Chainlink recently broke out of an accumulation phase and is now up by 23% in seven days. It faced rejection and cooled off briefly. While the price remains strong, it may undergo a slight pullback to fuel a fresh increase. Following late January resurge from $13.3, Link climbed above the […]
While Tron ecosystem has attracted a lot of volumes in the past months, its price increased exponentially with over 100% gain in the past year. It is trending highly bullish this month following a recent breakout. The continuous increase in TRX’s price has gained a lot of traction amongst traders […]
Litecoin has shown little strength following the latest surge in Bitcoin’s price but it is still finding it difficult to push above its two-week high. An increase above $80 should bring the coin out of its short-term bearish phase. After rolling back to its local bottom in January, Litecoin saw […]
Bonk appeared to be resuming bearish correction again after staying calm for a week. A clear break below the key $0.00001 support level may trigger a huge drop. Selling pressure appears low at the moment. After correcting by more than 30% to $0.0000093 earlier this year, Bonk bounced and found […]
Doge’s trading has entered a crucial support zone after witnessing several losses in the past months. Amid the latest volatility shrink on the daily chart, it appeared to be preparing for a big expansion. The leading meme coin – Doge has halted selling for the past couple of days as […]
Shiba SHIB has charted some notable loss in the past weeks and has continued to appear weak by the day. It recently initiated a drop, but the gravity is yet unknown if the price will go through or not. Despite a series of lower highs in the past weeks, Shiba […]
Amid market calmness, Ethereum continued to recover but it is likely to face a key resistance soon. Failure to push above this resistance may lead to another drawdown. Its bullish trajectory remains intact from a short-term perspective. Ethereum has shown no sign of correcting lower with the latest price action […]
BNB remained under bearish correction as it continued to respect a six-week resistance line. Despite multiple rejections, it has managed to stay above an important mark level. A drop below it could lead to more correction. Following a slight bearish close in January, BNB started this month with a consolidation […]
Solana has turned slightly weak since it rejected the $106 level in late January, although the trend remains bullish on the higher timeframe. A bounce above last month’s low could fuel an increase. Otherwise, it may break down. The recent indecisiveness in the market has made Solana’s next move unpredictable. […]
Cardano’s ADA recovery phase appeared ended following a recent rejection. It has formed a bearish pattern on the lower timeframe and is now looking set for a decrease, but selling volume seems low at the moment. The past 8 days have been a sigh of relief for Cardano’s bulls due […]
Mantra has been gaining traction for the past couple of days following a daily 30% increase. It has overcome a lot of obstacles in the latest surge as the price nears the buying target level. The surge may end soon. While most altcoins almost reached their top during the pre-bull […]
After several crackdowns in the past two months, Ripple extended bearishness this week and traded back at the bottom. It bounced slightly in the mid-week but remained weak daily as it lost over 20% in two months. XRP has finally rolled back to the bottom following a steady decrease for […]
Gala remained in a bearish condition with no signs of recovery at the moment. It has seen more than 20% loss since the start of the year and is yet to locate firm support to initiate a buy. Going back to late 2023 when Gala started a bullish cycle with […]
After shedding more than 40% loss in almost two months, Curve DAO fell back near its bottom and temporarily halted bearish. It has bounced slightly and now forms a bullish pattern on the lower timeframe. CRV entered this year so weak after ending a two-month rally at $0.73. It lost […]
FTT bounced off a key price level yesterday after retesting it as support. It has provided another big opportunity for a long-term buy after falling to its lowest price level in two months. The trend is likely to reverse soon. Following several drops in the past seven weeks, FTT extended […]
Following last week’s rejection that brought a quick recovery to price, ICP found another support this week and looks poised to break out of its two-week high. It appeared the bulls are back with 12% gains in 7 days. ICP retraced briefly some days ago after failing to push above […]
After months of accumulating above $13, Link broke out today and registered almost 25% gains in the past week. It appears set for a new rally and is likely to post more gains in the coming day. Link started to show signs of strength last week and later became strong […]
This week, Apecoin remained indecisive with no signs of major movements since the start of the week. Today, it showed strength and tapped 8% gains. However, the trend is still on a downward slope. During last week’s mini-recovery, Ape also joined other altcoins in the bounce to a week high […]