Cryptocurrency News
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 […]
The Ethereum layer 2 blockchain, Optimism, has been facing bearish trends across all timeframes for its $OP token, as highlighted by Coinmarketcap data. Amidst price volatility and market uncertainty, OP trading volume spiked by over 70%. A recent report from Spotonchain revealed that a whale sold 2.095 million $OP tokens […]
Earlier this month, Toncoin found support and started to increase after undergoing a short correction in April. That increase brought a full price recovery but it appeared to be rolling back following this bearish pattern. From $7.6 during last month crypto clampdown, TON took a sharp downturn and slowly declined […]
The sentiment surrounding top cryptocurrency assets continues to lean towards negativity, a trend that has persisted since the Bitcoin halving on April 19th failed to immediately spur market growth across the crypto sector. With uncertainty prevailing, the departure of small wallets from the market may serve as the catalyst needed […]
The Lido DAO token (LDO), integral to the decentralized finance (DeFi) protocol operating on the Ethereum network, has experienced a 7% decline in value today. Currently ranked at number 65 among cryptocurrencies, LDO’s performance appears bearish across daily, weekly, and monthly charts. In recent hours, notable activity involving LDO has […]
Despite the prevailing bearish sentiment in the cryptocurrency market today, Frontier $FRONT, the decentralized finance aggregator, has emerged as a standout performer, boasting a remarkable 112% gain over the past 7 days. At the time of writing, FRONT is up by an additional 8%, demonstrating its resilience in the face […]
After dipping below $3k last month, Ethereum found support and climbed back significantly. While the bears are still in disbelief, it continued to show signs of strength but the price is still down 3% on a weekly scale. Last Wednesday, Ethereum traded as low as $2,817 following weeks of crackdown. […]
Decentralized Exchanges Jupiter and DYDX to Become Mainstream in Bear Market? DTX Seems Poised for Growth As the cryptocurrency bear market unfolds, decentralized exchanges (DEXs) like Jupiter, dYdX, and DTX are gaining traction among traders. These platforms are celebrated for their robust security, minimal dependence on centralized authorities, and the […]
Solana SOL saw a nice recovery in the mid-month but quickly lost steam after retesting a key price level. It is currently in the red following a 15% cut in the last eight days. Now looking for another solid ground to halt selling. Last week, Solana traded as high as […]
Today, the crypto markets received a significant boost as Bitcoin surged back to $64.9K, just hours before its highly anticipated halving event. This resurgence in Bitcoin’s price has sparked optimism among investors, signaling potential upward momentum in the market. 📈 #Crypto markets have seen a boost today, as #Bitcoin has […]
Recent market movements have sparked discussions within the cryptocurrency community, with many suggesting that the bull market has come to an end following Bitcoin’s 16% drop from its all-time high of $73.6K reached on March 14th. As sentiments shift towards bearish territory, historical trends indicate a potential reversal in prices, […]
Alongside other meme coins, Dogecoin recovered from a dip a few days ago and revisited a key price level yesterday. Unfortunately, it faced rejection there, dropped and now appears weak on the intraday trading. Last week, Doge witnessed a notable loss following a bearish crossover from the previous month. It […]
Chainlink has seen some substantial reduction in the past week, failing to provide a major discount. However, the price is currently weak as it gathers liquidity for a massive sell-off on the daily chart. Since Link rejected the $18.3 level, the price has been on a steady fall with no […]
Cardano ADA resumed bearish actions this week following a fresh meltdown across the crypto space. The price appears weak as it heads towards a support line, where a major break or bounce is likely to play. In mid-March, Cardano went through a serious drop after testing the $0.8 level. It […]
BlockDAG (BDAG) has emerged as the highest trending crypto, amassing an impressive $10.5 million in presale funding. This advanced technology, aimed at enhancing scalability and transaction speed beyond traditional blockchains, is reshaping investor expectations. While BlockDAG reaches new heights, Filecoin experiences bearish price movements, and Helium discontinues its price oracles, […]
Who would have thought that amidst a sea of volatility in the cryptocurrency market, a new crypto innovation like BlockDAG (BDAG) would emerge as the highest trending crypto, successfully amassing a presale figure of $10.4 million? This cutting-edge technology, designed to enhance scalability and transaction speed beyond what traditional blockchains […]
In an era where the cryptocurrency market is characterized by its volatility and unpredictability, a new DeFi token, Option2Trade (O2T), priced at $0.0181, is making waves by defying the bearish market trends that have dominated recent months. This remarkable defiance has caught the eye of both investors and analysts, including […]