Cryptocurrency News
Ripple turned down a key resistance level weeks back and showed signs of weakness. After the price fell to a seven-week low, it recovered sharply and remained calm for a while before resuming pressure. XRP’s performance has been quite unimpressive for some days due to the ongoing meltdown across the […]
Solana remained in a range bound following a temporal hold above two-week support. The price is still within the bulls’ radar. A sharp nosedive at this support should trigger a big down surge. By market cap, the 11th best-performing cryptocurrency seems to have found support above the $20 mark after […]
Ethereum went through a lot of squeezes in late February and closed bearish. The price continued to drop this month and has lost almost 7% in the last 72 hours of trading. By this time last week, Ethereum saw a recovery at $1,560 and pushed higher to test January’s resistance […]
After Apecoin retraced in late January, it initiated another sell in the following month, which now brought the price to a 7-week low. The trend appears to be changing in favor of the bears. The mid-February rebound was expected to fuel a continuation of the previous positive actions. But unfortunately, […]
Polygon‘s MATIC lost momentum in the past month after posting several gains for six weeks. The price looks weak as it is yet to find a solid level for recovery. Aside from the early year increase, which saw the price to a multi-month high in February, MATIC has returned over […]
Litecoin continues to preserve past months of gains as it slowly recovers from its monthly support level. It could start a fresh rally with a double-bottom pattern spotted on the higher time frame. Litecoin’s price has recovered well following a series of gains over the past months. It rejected $105 […]
With several projects being built on the network, Polygon is a layer-two (L2) blockchain for Ethereum that makes use of various scaling mechanisms to increase the scalability of the Ethereum mainnet. Polygon Ecosystem Tokens has a total market capitalization of $30,832,533,735 and a total trading volume of $5,183,888,870 in the […]
Lido DAO has shown no sign of weakness despite the ongoing correction across the crypto market. The price continues to increase by the day. During the 2022 bear cycle, Lido DAO established solid support at $0.44 and $0.88, respectively, before starting to show signs of strength that led to this […]
Cardano resumed bearish last week after marking a multi-month high at $0.42. After trading calmly above the monthly low for two days, it is now trying to initiate another sell-off due to the latest reduction across the crypto space. The month of February has appeared to be a correction phase […]
This month came with a retracement after weeks of positive momentum. Bitcoin later found support and bounced back with about 18% gains but failed to extend bullishly. It is now following a negative sentiment. Bitcoin has started to show signs of weakness again after losing grip above the critical $25k […]
The price of XRP increased by 6.2% in the past week following a monthly recovery above $0.36. It is currently in the middle of consolidation and will likely move out of the phase soon. Ripple found support above the $0.36 level and has managed to recover briefly in the past […]
The meme coin market continues to rise along with Elon as it recently resumes positive actions after a decent pullback. The asset could gain huge trading attention as the price approaches a breakpoint. Elon continued to maintain its upward movement after locating support at the $0.000000356 level weeks back. The […]
After months of recovery, Polygon’s price increased by 100% this year to test the April 2022 breakdown level. It rejected that level yesterday and slipped slowly – now looking for solid support. Last week saw MATIC through its first major correction of the month after marking a 9-month resistance at […]
After registering a 40% rally in the past month, Bitcoin retraced earlier this month and found support this week. It bounced back strongly and broke through the previous resistance level with a heavy surge. BTC now trades well above the $24k level after bouncing back above $22k and reclaimed several […]
Tron’s price has been gaining traction lately following a lot of development that evolves around its ecosystem. However, it has performed well and has increased by 40% since the start of the year. After witnessing a 30% rally in January, Tron went on a long squeeze and broke out to […]
Following the past week’s downturn, Dogecoin briefly regained momentum and registered a 3% gain over the past 24 hours. The buyers appeared to have stepped back, and they look forward to claiming higher levels. While some meme coins have been performing wonderfully well lately, Dogecoin has appeared to lag over […]
After GALA saw a two-week correction, it found solid support and made a U-turn with roughly 25% gains this week. It aims at the previous high and will likely break it in the next couple of days. A few hours after the CPI release on Tuesday, the market sentiment turned […]
Binance Coin finally underwent a correction after experiencing a consistent rally for eight weeks. The price plunged to January 18 low and sharply bounced off. Right now, it looks calm and prepared for another surge. A week ago, BNB lost a key support level and further fell through the $300 […]