Cryptocurrency News
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 […]
Bitcoin’s price performance in 2024 has closely mirrored the trends observed during previous halving years, such as 2016 and 2020. Historically, significant price surges have occurred in the fourth quarter, suggesting that if a rally is to happen, it may still be on the horizon. #Bitcoin price performance in halving […]
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 […]
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 saw a notable 10% weekly drop in the latest dip and lost a key level. While the trend looks highly bearish on the daily chart, it has seen a slight increase in the past hour. Last week was a bit calm for Litecoin as it stayed in a consolidation […]
Bitcoin’s recent downturn has left many bulls reeling. Data from @coinglass_com reveals that over $2.50 billion in leveraged long positions were liquidated as BTC fell below $63,000. A bunch of #Bitcoin bulls got rekt in this downswing. According to data from @coinglass_com, over $2.50 billion in leveraged long positions got […]
Polkadot has reached a crucial trading level again after posting a huge loss in the past two weeks. It has reclaimed key support and is now on the verge of breaking lower. The 2023 bottom is the next low to watch. The last two weeks have seen Dot’s price through […]
TON decreased by 1% today in continuation of the monthly drawdown, but it is still trading in the buying zone on the monthly timeframe. A drop below the May low may fuel huge selling pressure in the coming week. Last month, TON reached a new milestone after rallying by 3x […]
The cryptocurrency market’s ongoing unpredictability is evident as the popular meme coin Shiba Inu (SHIB) recently saw a significant price drop. This decline has triggered discussions among traders and analysts regarding whether it signifies a minor pullback or a more substantial bearish trend. In the meantime, the emerging project Algotech […]
Posting a 20% gain in two weeks, Bitcoin broke through several crucial resistance levels and swiftly changed negative sentiment to positive. A monthly close above June’s high will confirm a complete trend reversal. Following the latest movement in Bitcoin’s price, which drove the global crypto market cap up lately, a […]
$ENA is currently not looking promising, with its price approaching the next support level of $0.30 amidst persistent bearish trends. Despite this, there is anticipation for a reversal, as Ethena holds the potential to excel during the upcoming bull market, having seen 140% gains in the previous rally. $ENA is […]
Yield Guild Games (YGG) is facing a persistent bearish trend, with its value declining across all time frames. As of today, YGG has lost an additional 7%. CoinMarketCap data reveals a steep decline of 23% over the past week, 47% over the past month, and a significant 65% over the […]
The past week has been uglier for Ethereum as it witnessed a heavy drop to a critical support level. After a short bounce, it rolled back again and is now on the verge of breaking lower with a 17.2% market share. Ethereum has continued to suspend bullish following a major […]
As predicted last week, BNB finally took a downturn yesterday and fell by another 6% near April’s low. It appears bearish on the day as bigger drops are underway. March’s breakpoint is a key target to watch for retests. Going back to where BNB started to lose momentum at $725 […]
Investors are becoming increasingly impatient with Chainlink (LINK) as it continues to struggle under bearish pressure, and many of them now flocking towards an excellently performing meme coin called Raboo (RABT) which has over 8,000 registered users and has raised over $1.8 million in its token presale. Interestingly, Raboo’s performance […]
The last four days have seen Dogwifhat WIF through a notable recovery after witnessing a roller coaster for a month. But things are looking a bit dicey as the leading Solana meme coin has faced rejection since yesterday. Following a lower low and lower high movement from $4.08 in late […]
Solana appeared strong today following a 9% recovery over the last 24 hours. While it remains under the bears’ radar on the micro level, it may resume drops if the bulls fail to sustain pressure above the monthly high. Yesterday, Sol faced rejection on the way down and further halted […]
While most cryptocurrencies are experiencing a severe bearish trend at the beginning of the last week of June, Solana’s largest memecoin, Dogwifhat ($WIF), has bucked the trend with a slight bullish uptick, rising by 3% today. However, despite $WIF’s modest gains, a significant whale in the market has suffered substantial […]