Cryptocurrency News
Following a recent monthly bounce, which brought the bulls back after a short break, TRX advanced higher this week with another 10% gains. It appeared strongly bullish, looking set for a bigger price movement. Recent data from Token Terminal has shown that Tron’s protocol revenue has outperformed Ethereum’s by 50%. […]
This week saw ZEC through a new milestone following a series of surges since last month. However, it lost steam in the mid-week and now trades calmly due to a sudden volatility drop – is still up by over 50% monthly. After declining by more than 60% in four months, […]
While most altcoins took a slight downturn this week, Litecoin’s price remained strong and showed signs of strength daily. It seems to have reached a rejection point, where a fresh drop may occur. Litecoin’s market structure is still bearish on the daily chart following a lower low and lower high […]
Correcting by more than 65% in five months, DOT rolled back to local bottom and entered oversold condition. However, it recovered briefly but has resumed drop due to a rejection. It currently appeared weak. The late July meltdown saw Polkadot through its biggest drop since May but it later found […]
Sol’s bullish bias has continued to suspend amid the latest meltdown. It has turned bearish again after seeing a short but significant recovery last week. The price is down 8% weekly, looking poise for a big crash. The recent price recovery from a monthly low of $110 appeared to have […]
After increasing by more than 25% from the monthly low, Binance Coin faced rejection and remained indecisive for the past week. It may repeat a recent bearish pattern if the price continues to turn weak daily. Last week, BNB bounced sharply off a key price level after witnessing a crash. […]
After closing last week’s trading above a crucial resistance line, SUI advanced buying this week and reached a new milestone after two months of trading. It signals a bullish move but is currently down on the day. Lifting off the $0.46 level last week, Sui increased by over 100% and […]
In continuation of the recent recovery, Toncoin tapped a month high with a 14% surge overnight. The price may explode massively as it poises for a breakout following a new bullish formation on the daily chart. Following last week’s bounce in Bitcoin’s price that triggered a recovery amongst many altcoins, […]
Since the start of the drop in March, Ordi has lost more than 70% of its value to a ten-month low. Although it has regained strength briefly from this low, it has continued to trade inside a descending wedge. After nearly touching $100 in the first quarter of the year, […]
Following a sharp bounce off the lower boundary of a long descending channel last week, Chainlink revisited its previous monthly low but is now stalled due to low volatility. It may resume bearish if supply rises. Starting the third quarter a bit strong, Chainlink later turned weak and began to […]
Ethereum is showing signs of weakness again after rejecting $2,700 last weekend. There’s still room for a retracement if the volume keeps rising. However, things might later get uglier with the latest bearish signal. Following the monthly breakdown of the important $2,817 support level, ETH rolled back to the yearly […]
Bitcoin’s daily outlook is becoming more bearish with the latest drop, although it remains bullish on the macro level. Selling could get worse as the fear and greed index reaches 50 with a dominance of 56.2%. The fear of missing out – FOMO on Bitcoin’s parabolic bull run has significantly […]
Losing more than 60% of its value in two months, Notcoin found support this week and increased a little. Due to a significant drop in buy volume, the price has remained stagnant as it decides on the next major move. If not all, most gaming assets have reset back to […]
Following a monthly bearish crossover, which led to another dip, AKT posted losses and slipped under $2 after nine months of trading. It found support and entered a retracement mode at the start of the week. In continuation of the correction phase, Akash’s price broke lower last week to test […]
ARB’s Price is up by more than 4% today despite the relative loss amongst altcoins in the past hours. However, it is still maintaining a downward movement following a recent price breakdown. Last week was a bit painful for Arbitrum as it broke through the $0.6 level (its launch price […]
Today, most altcoins across the crypto market appear calmer after charting a significant gain in the past few days. Mid-cap token like Tron is waxing stronger with no signs of slowing down at the moment. The remaining half of July saw TRX through a notable reduction after crossing over into […]
SUI shows signs of a bullish reversal following a slight breakout of a resistance line. Its bearish structure remains intact but is leading the top gainers chart with a traded volume of $400 million in the last 24 hours. From a peak of $2.2, SUI initiated a drop and lost […]
Litecoin joined other top coins in the recent increase but it has slowed down buying today after facing a key level. While it appears weak, the asset may resume bearish momentum if the supply level increases. Last month’s trading was a bit relieving due to a slight break in selling […]