Cryptocurrency News
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 […]
Arbitrum’s price has further increased by 5% this week after witnessing a solid rebound in October. Having formed a bullish pattern on the daily chart, the price increased above $1 and now targeting July’s high. Amid recent upsurge across the market, ARB has seen a notable gain after establishing base […]
Last week saw Sol through a crucial breakout after staying in an ascending channel for a year. It retraced briefly, bounced back and is now losing steam on a daily. However, the price is still up by 2% today. After testing the upper boundary of its channel last week, Solana […]
Matic’s price continued to increase since it bounced off the $0.50 level weeks back. The trend currently looks bullish in the short term as it shows no signs of weakness. More positive actions should be expected! Following a slight pullback near a broken resistance line last month, Matic found support […]
Today saw XRP through another upsurge as it reached a new milestone in three months. The build-up looks slow, but we can expect a huge rally as soon as volume inflow increases. Resistance lies ahead. XRP increased by a total of 16% in a week as it entered a new […]
EGLD is currently the top gainer of the market following a daily 60% surge to its highest price level in eight months. It encountered resistance and dropped briefly, looking for nearby support to fuel more rally. Following two years of steady decline, EGLD found support above $22 in September and […]
Cardano’s price recently broke out of structure after trading in a wedge for months. The trend now looks bullish across major timeframes with no signs of weakness. A pullback should be expected if the price drops. During last month’s recovery across the market, ADA surged through a vital resistance and […]
Last month saw Litecoin through a slight breakout after finding solid ground. It encountered resistance, fell sharply and remained in a consolidation phase ever since. Now building up for a massive explosion. After mounting new support above the $60 level in October, LTC recovered well and broke out to $73. […]
As some altcoins get out of the woods in the short term, BNB continues to trade in a red zone as it struggles to break higher. It’s currently consolidating after increasing by 15% in three weeks. Since the SEC saga with BNB in the past months, the price dropped heavily […]
The crypto fear and greed index now stands at 72 as the market lost $200 billion in 24 hours. This affected Bitcoin seriously as it slipped under $35,000 after losing 2%. Most altcoins are also bleeding out. Since Bitcoin’s price reached the $35,280 level last week, it has been facing […]
Last month saw DOT through a major breakout of a descending wedge. It retested the wedge as support and rebounded with a substantial gain. The price is now stalled under a key resistance level due to rejection. DOT started to recover in mid-October after experiencing a severe drop to $3.6 […]