Cryptocurrency News
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 […]
The native token of the web3 venture studio Memeland, $MEME, has encountered a challenging trading week, with a notable decline of 10% in its value today alone. Over the past seven days, the token has experienced a cumulative loss of 2%. Recent on-chain reports shed light on the activity surrounding […]
The Ethereum-based memecoin, $Shib, has encountered a bearish trading week, marking a notable downturn after experiencing significant value gains in previous weeks. Today, $Shib saw a 10% decline in its value, further reflecting a broader negative trend observed over the past seven days, with a cumulative loss of 17%. On-chain […]
Most altcoins are in red today with ICP shedding about 15% loss since the start of the week. This led to a crack below a dynamic support as it signals reversal pattern following latest bearish sentiment. ICP witnessed a nice recovery over the past weeks but it appeared to have […]
As volatility flows into the lower-cap altcoins, VeChain’s price exploded by 100% weekly and rallied hard to a new multi-month high after two years of trading in a bearish zone. It signals bullish and looks ready for a bull run. After marking resistance near the $0.039 level during the late […]
After remaining calm through last weekend, Solana SOL advanced higher this week as it recorded a total gain of 40% in the past 22 days of recovery. It looks bullish and now aims to reclaim its two-month high. Sol has continued to show signs of strength as it passed through […]
Floki (FLOKI) received an allegation lately which led the cryptocurrency to ban Hong Kong citizens from accessing the platform, subsequently leading to a slight decline in its price. Similarly, Bonk (BONK) is also experiencing a downward trend, losing momentum over the past 30 days. However, amidst these challenges faced by […]
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 […]
Aave, a prominent DeFi platform, has encountered a downward trend over the past three months, witnessing a significant 25% decline in its value. The bearish sentiment persists, with additional losses of 12% and 3% observed over the past 7 days and 24 hours, respectively. Insights from on-chain analytics provided by […]
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 […]
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 […]
Litecoin appeared bearish on the daily chart but has seen little increase in the last 24 hours. After days of consolidation, it found support and now tries to recover some loss. Trading volume currently appears low. This month has been quite horrible for Litecoin following a price crash near the […]
Dogecoin has been relatively calm for three days, although it looks weak as it negotiates for the next major move. It trades well above two-week support but is likely to post more losses once the bears return. Amid the latest meltdown, the leading meme coin has shed several losses in […]
After sliding by 27% to $6 in the last 30 days, Polkadot saw a recovery overnight and trades calmly above this price level. It is currently taking a break as it retests a crucial level. Likely to resume bleeding shortly. From around $9.3 at the top, DOT saw a roller […]
Bitcoin went through a serious decline in the past weeks after testing a two-year high earlier this month. It has shown no signs of stopping yet as it may witness a bigger bloodbath in the upcoming weeks. Last weekend came with a small relief for BTC after losing momentum throughout […]
Apecoin looks weak on the daily chart but has seen a little recovery in the last 24 hours after initiating a drawdown this week. It is more likely to resume selling as soon as the bear steps back. Following a decline from $1.88 in the past weeks, Ape tested a […]
Cardano lost buzz in December and initiated a drop below the $0.6 level. It attempted this level last week but the price fell back and continued to dip. Now facing a minor support level after shedding a 5% loss in a week. ADA’s short-term bullish ended last month after testing […]
Avax initiated a drop and decreased by almost 15% in the past weeks. It held the $35 level as support and remained indecisive above it. A drop from that level could slip the price back to the monthly low with a potential breakdown. Following multiple rejections in the past weeks, Avax’s […]