Cryptocurrency News
While most altcoins are yet to find a bottom in the recent dip, LDO has bounced back and is now bullish again after increasing notably in a week. It approaches a key resistance where a potential break lies. After the late 2023 surge that triggered a rally from a low […]
Ethereum recently took a slight bearish break to retest the $3,660 level but is currently down 1% amid the latest drops in the market. A dip below last week’s low should confirm more meltdowns soon. So far, Ethereum’s value has decreased by more than 10% since it initiated drops from […]
Bitcoin’s dominance has not changed much since it lost the $70k level two weeks ago. However, the price is down by 6% weekly following the latest reductions. Its fear and greed index now stands neutrally at 55. Starting this month on a strong note, Bitcoin encountered resistance and halted buying […]
Following a recent breakdown from a two-month wedge, Litecoin LTC found a solid support level and remained indecisive ever since. It showed signs of strength yesterday but there’s not enough volatility to reiterate actions. During last week’s drops, Litecoin lost grip above the important $82 support level to a new […]
BNB witnessed a strong broke out last week but is now looking weak again after dropping off a new all-time high. It lost a key level during the week but is now back above the level following a small bounce. Breaking out from a two-month accumulation phase earlier last week, […]
Amid a slight break in selling, some altcoins have recovered a little with Bome posting gains in the last 48 hours. This was triggered by an increase in buying volume but it appeared not enough to bring the bulls back. The frog-inspired meme coin – Bome is still positioned in […]
After losing momentum for a couple of days, Notcoin found support and showed signs of strength in the last 48 hours, poising for another rally on the lower timeframe. Bearish actions may return if it fails to sustain buying pressure. Late last month saw NOT through a significant increase after […]
Solana failed to advance bullishly above a key resistance trendline due to a rejection. This was triggered by a sudden sell-off, which generated a negative sentiment and similarly positioned the market in a bearish state. Last week, Sol signalled a bullish move after locating support above the $160 level. Unfortunately, […]
Since Avax switched its bearish correction to a sideways movement in April, trading has remained in a tight range – looking for a breakpoint. Once it finds that breakpoint, we can expect a massive liquidity run. Amid low trading volatility, the last three weeks have been rough for Avax as […]
While most altcoins recently broke down to a new monthly low, XRP is still captured in a tight range as it slowly gathered momentum for a big move. While bias remains bearish, it is deciding on where next to head. In the middle of the storm, Ripple posted a small […]
Against the latest market trends, TRX is up and strong on the daily chart following a consistent increase since last weekend. If trading volume increases, we can expect it to gain more traction in the next few days. Tron went through ups and downs in the past months but has […]
Ethereum’s ETH outlook remains bullish on the daily chart despite posting notable losses in the past week. However, it is currently on the verge of losing a key support level to retest a recently broken resistance line. The past month saw Ethereum through a sudden surge through the $3k level […]
Following the recent shakeout in the global market, Bitcoin BTC lost a key psychological level and closed at a loss last week. It is still weak on the day, looking for solid ground to resume its bullish trajectory. Last Friday came with a big shockwave in the entire crypto […]
Polkadot DOT faced resistance this week and posted a double-digit loss following a crackdown across the crypto space. This brought the price back to last month’s low, invalidating its recent bullish build-up. DOT halted its bullish continuation this week after failing to sustain buying above the $7.3 level, which is […]
The recent meltdown has put Arbitrum ARB in a more bearish condition as it lost a key level. While providing a discount for a long-term buy, it has found support and now decides on where next to head on a daily scale. After witnessing a short bounce, ARB saw a […]
As expected last week, Litecoin initiated a surge yesterday and dropped below a wedge pattern, confirming a bearish pennant breakdown on the daily chart. it appeared weak and now follows a bearish sentiment. The last two months of trading have been an interesting period for LTC as it regained momentum […]
While reaccumulating for the next leg up, Doge witnessed an unexpected move and dipped to a new monthly low in the latest clampdown. It has recovered slightly overnight but appears set for another drop as bias turned bearish. Doge has posted a substantial gain in the past month in continuation […]
Sol is up today and is currently prime for a big move on the daily chart. It has dropped slightly from a daily high, looking for a key rebound level. Sol went through a nice recovery phase last month, posting roughly 50% gains in the first two weeks. It encountered […]