Cryptocurrency News
The cryptocurrency and blockchain space has grown and thrived despite the opposition from particularly the U.S. government and regulatory agencies like the Securities and Exchange Commission (SEC). Cryptocurrencies, just like Bitcoin and Ethereum, are decentralized digital currencies that allow for peer-to-peer transactions without the need for intermediaries like banks. The […]
Ethereum broke to a new high yesterday after witnessing a steady three-day gain. It retraced today, and now looking for solid support to resume positive actions. The second best-performing crypto by market cap accumulated for three weeks and broke out briefly to mark a 7-month high at $1,942 yesterday. That […]
Introduction: Meme cryptocurrencies like Dogecoin, Shiba Inu, and BabyDoge have gained popularity in recent times, with many investors showing interest in them due to their recent developments, especially BabyDoge. On the other hand, Crypto AI projects have been growing in popularity as well, but they are not as historic as […]
Since Avalanche (AVAX) moved from little-to-no volatility last month, the price remained in a consolidation phase with choppy price action. It attempted a breakout but failed due to rejections. The mid-March bounce saw AVAX through a decent recovery but failed to extend positive actions beyond the critical $18.3 resistance level […]
BTC dominance rises to 45.9% following a roughly $50 billion increase in the global market volume. It found a solid level above $27k this week and has shown signs of strength. A quick recap from last month saw Bitcoin through a massive recovery from $19.6k to a local peak of […]
Avalanche is still on the fall, losing roughly 20% within two months. The price is inching near a two-week low following a slight breakdown from a week consolidation phase. Now looking a bit calm. The leading DeFi token by market capitalization, Avalanche, maintained a downward slope despite bouncing off the […]
Ethereum continues to show strength after reversing in the past week. The price dropped throughout yesterday but recovered today with a 1.8% jump. It looks to tap more highs in the coming hours. After bouncing sharply off the $1,371 level on March 10, ETH recovered higher and increased significantly by […]
Dogelon Mars has joined other meme coins in this week’s recovery, rising by almost 12% in a week. It has formed a bullish pattern and seems ready for a surge in volatility, but the $0.00000039 resistance is suppressing positive actions. Following last week’s rebound, which led to the current gains […]
After two-week of meltdowns, Bitcoin found solid support and started to show strength. The price has recovered fully over the past days as it resumes trading above $26k. Bitcoin started to recover last week following a quick bounce from $19.6k, which happened to be its lowest price in two months. […]
Avalanche’s price decreases significantly in the past hours after retesting last month’s support area as resistance on Tuesday. It encountered a rejection there and rolled over with an 8% loss. The tussle for dominance between the bulls and bears has caused a quick swing of high and low since the […]
Aptos recently found support after witnessing a downward correction for weeks. The price is increasing again as more positive actions could come into play after a pullback. After rallying by almost 700% to the high of $20.4 in January, APT saw a rejection at that price level and lost momentum […]
Cardano appears to have found support on a crucial trendline after past weeks of drops. It must reiterate the latest positive actions for the next few days to signal a bullish reversal. After a three-week decline, Cardano finally retested the eight-month descending trendline that got flipped in January. It found […]
Apecoin fell sharply below $3.6 yesterday but recovered quickly above it today. It is looking for a retest while the trend remains bearish. Earlier this month, Apecoin consolidated around the $5 price level for days and resumed selling pressure following a sudden down surge. This led to a breakdown of […]
The price of Polygon‘s Matic token has continued to remain in a broadening wedge despite the ongoing decline. It currently trades near the wedge’s lower boundary, where a potential buyback could take place. Following sell actions from the upper boundary of the wedge, Matic has shed a lot of losses […]
The roller coaster continues. Polkadot extends bearishness towards the $5 price zone following the recent sell-off. It shows no signs of significant recovery as the price suffers more loss. Many things have happened in this space over the past few days as Avalanche maintains bearish. The ongoing meltdown has continued […]
Litecoin continues to roll down after finding it difficult to extend bullish in February. The recent crackdown has confirmed more bearish play for the 13th best-performing crypto by market cap. The rate at which altcoins are bleeding out has been somewhat worrisome over the past month. Litecoin is not left […]
The price of Terra Luna (LUNC) has dropped drastically over the past few days, bringing it to a low of $0.0000 during last week’s surge. It will likely resume bearish sentiments once the price breaks down from the consolidation phase. Following the period of negative actions and FUD for the […]
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 […]