Cryptocurrency News
After increasing by 50% in two months, Bitcoin paused its rally and slipped under $37,000. Despite that, the trend remains bullish on the higher timeframe. Amid the latest drops, its dominance stands at 51.1%. The latest drop in Bitcoin’s price was triggered by a sudden rejection after almost hitting $38,000 […]
Doge remained bullish on the daily timeframe but has seen a small 2.5% drop in the last 24 hours. A bounce above the $0.75 level is likely to keep the bulls on track. It currently looks weak as it nears a dynamic resistance. After bouncing off the $0.057 level last […]
Avax appeared to be reversing the trend following the latest surge in volatility. It experienced a massive gain in the last two days and registered 40% profits in a week. The price is now testing a key level. Last month, Avax mounted support above the $8.5 level after losing momentum […]
After staying in the middle of consolidation for months, Luna broke out overnight and rallied heavily near $0.9. The sudden price movement has brought the price out of the short-term bearish zone. Luna halted bearish two months ago after locating solid ground at $0.39 in August. After that, it consolidated […]
Ethereum finally broke out of a falling channel after increasing steadily for four weeks. While looking so bullish on the daily chart, it currently sits at a vital resistance level, gathering momentum to advance higher. Last month, Ethereum found support above the $1,500 level after undergoing a correction for months. […]
Bitcoin (BTC) has witnessed a striking rally, surging by an extra 4%, flagging renewed bullish sentiment in the cryptocurrency market. This surge lines up with the expectation encompassing a huge Bitcoin ETF approval window, as highlighted by James Seyffart, a senior ETF strategist at Bloomberg. 90% Chance Of Spot Bitcoin […]
Matic’s price continued to increase since it bounced off the $0.50 level weeks back. The trend currently looks bullish in the short term as it shows no signs of weakness. More positive actions should be expected! Following a slight pullback near a broken resistance line last month, Matic found support […]
EGLD is currently the top gainer of the market following a daily 60% surge to its highest price level in eight months. It encountered resistance and dropped briefly, looking for nearby support to fuel more rally. Following two years of steady decline, EGLD found support above $22 in September and […]
As some altcoins get out of the woods in the short term, BNB continues to trade in a red zone as it struggles to break higher. It’s currently consolidating after increasing by 15% in three weeks. Since the SEC saga with BNB in the past months, the price dropped heavily […]
The crypto fear and greed index now stands at 72 as the market lost $200 billion in 24 hours. This affected Bitcoin seriously as it slipped under $35,000 after losing 2%. Most altcoins are also bleeding out. Since Bitcoin’s price reached the $35,280 level last week, it has been facing […]
Last month saw DOT through a major breakout of a descending wedge. It retested the wedge as support and rebounded with a substantial gain. The price is now stalled under a key resistance level due to rejection. DOT started to recover in mid-October after experiencing a severe drop to $3.6 […]
Ethereum has reached a critical trading area – where a fresh decrease could take place. However, it remained bullish but has now entered a consolidation phase with a daily 1% loss. A week ago, Ethereum was trading as high as $1,865 after witnessing an impressive 20% growth within three weeks. […]
Cryptocurrencies have widely been known as volatile investment vehicles since Bitcoin’s first bull market in 2013. However, this volatility creates massive opportunities for novice investors looking to tap into the realm as it grows. The industry bears much potential in the near and long term with increasing cryptocurrency demands worldwide. […]
Kusama regained momentum a few days ago and joined other layer 2 tokens in the recent market surge. It flipped through a descending trendline to test a key level following a 20% growth in a week. Earlier this year, KSM traded as high as $49 following a 150% rally in […]
Apecoin recently suspended its bearish cycle after finding support above a psychological level. It appeared to have found a bottom due to a bullish formation in the past few days. The price is currently up by 1% today. After dropping slightly below last month’s low, Apecoin found support above the […]
Everlodge (ELDG), an emerging player in the vacation rental sector, is currently running a presale event that’s attracting attention from whales of the Fantom (FTM) and Litecoin (LTC) community. Let’s jump into why these whales are getting excited over this project and what it means for the future of vacation […]
TLDR: Ethereum Classic (ETC) awakens following Bitcoin’s (BTC) recent bullish surge. NuggetRush (NUGX) has increased utility in the meme coin space, creating a defined future for the token group. Filecoin has been on a rollercoaster due to a mix of news, which seems to be pushing FIL lower persistently. Ethereum […]
Floki resumed positive actions last weekend and broke through key resistance levels in the past week. It has greenlighted short-term bullish and currently leads the altcoins rally with a 40% gain in the last 24 hours. After eight months of bearishness, Floki found solid support above the $0.000015 level in […]