Cryptocurrency News
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 […]
Matic is down 3% today following a recent price rejection. This led to a slight decrease over the past hour as bearish actions slowly returned to the lower time frame. Matic further recovered this week and completed a retracement movement after testing $0.83. It faced rejection there and initiated a […]
As most top altcoins turn red today, Ethereum Classic remains strong on the daily but has retraced briefly. Buying pressure is still intact following a 10% gain in the last 7 days. This month, ETC witnessed a massive surge in volatility and tapped $32.4. The price pulled back from that […]
Polkadot DOT resumed a downtrend this week after failing to sustain recovery. The bears appeared back in control as they slowly released pressure. We can expect bigger drops if the price breaks below $6. After ending a week retracement at $7.3, DOT initiated a fresh drop on Monday and continued […]
After witnessing a nice recovery all through last week, Avax tumbles and turns weak again due to the latest drops. It has registered a 7% loss in the last 48 hours and will likely shed more in the coming days. Last week, Avax took a little break from the dip […]
The past 9 days saw Arbitrum, ARB through a notable recovery of about 15%. But it appeared the bears are back following yesterday’s interception. The price is back under $1.8 and is now looking poise for a big sell-off. A quick recap from the peak of $2.42 where ARB started […]
Yesterday saw Matic through a slight break in buying after rising for a week. It has resumed positive actions following an increase in volume inflow over the past hours. It looks stuck at a key resistance at the moment. The bearish correctional phase seemed to be fading on the daily […]
Following a slight rejection during last week’s drops, Solana, SOL increased by 28% to mark a new multi-week high today. The price currently looks strong as more gains lie ahead. Sol fell hard this month but has managed to halt selling after dipping to $79. It rejected this price level […]
Ethereum, ETH bounced 3% weekly to retest a key price level after declining for two weeks. It looks strong in the 4-hour time frame but is currently calm as it faces resistance. However, it charges for more gains. After witnessing a series of highs and lows this month, Ethereum showed […]