The sentiment around Bitcoin has turned decidedly bullish following a surprise surge past $66,000 on Wednesday, now climbing above $67,200. This price jump has sparked renewed interest among large holders. Notably, addresses holding over 1,000 BTC have collectively increased their holdings by 250,000 BTC since the launch of Bitcoin ETFs, […]
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Ethereum Poised For Strong Performance In H2 2024 Despite Early Struggles
Despite Ethereum’s poor performance year-to-date, Coinbase analysis suggests a bullish outlook for the second half of 2024. The potential approval of an ETH SPOT ETF, which has a 30% to 40% chance of passing, is a significant factor. Even if the ETF is rejected, there is a high likelihood of […]
Chainlink Market Cap Surges 19% As Whales Take Profits Amid Bullish Trends
Chainlink (LINK) has experienced a significant surge, with its market cap climbing by 19% in the past 24 hours, decoupling from the broader altcoin market. This rally has brought the number of 100,000+ LINK holders to 564, marking a 4.6% increase in just five weeks. If social dominance remains stable […]
POLYGON MATIC PRICE ANALYSIS & PREDICTION (May 19) – Matic Continues To Range At This Wedge’s Support, Incoming Big Move
Matic’s bull appears a bit weak today after witnessing a small growth in the last couple of days. However, the trend is still looking bearish daily while it ranges above a six-month broadening wedge’s support. Since last month, Matic has been finding it difficult to regain momentum as the price […]
CARDANO PRICE ANALYSIS & PREDICTION (May 19) – ADA Stays Calms After Witnessing A Short Bounce, Are Buyers Weak?
After remaining indecisive for weeks, Cardano ADA found support again this week and began to show signs of strength following a 13% gain in four days. It has temporarily suspended bearish and now foots a fresh increase. Starting the second quarter of the year on a negative note, ADA shed […]
INTERNET COMPUTER PRICE ANALYSIS & PREDICTION (May 17) – ICP Bulls Push Back After Short Pullback, Can They Sustain Pressure?
ICP is slowly picking up again after witnessing a huge reduction in the past weeks. Showing signs of strength in the past hours, the price is now up 15% following a sharp bounce off a key level this week. More gains lie ahead! The past month’s recovery appeared to have […]
CHAINLINK PRICE ANALYSIS & PREDICTION (May 17) – Link Breaks Out Following A 17% Surge Overnight, Targets $17
After correcting by almost 50% in a month, Chainlink LINK found support and began to range until it located a key level on Wednesday. It initiated a surge and steadily increased until the price broke out of a range bound. The past month of trading has been indecisive for Link […]
Memecoins Surge In Q2: Massive Gains Amid Whale Accumulation As Trader Turned 9 SOL To 1,238 SOL In Minutes
The memecoin sector has been leading the charge in the cryptocurrency market during Q2, with significant surges across various assets. Leading the pack are $PEPE (+100%), $PONKE (+96%), $MAGA (+80%), $TURBO (+78%), and even $BITCOIN (+76%). This past week alone, meme assets have seen a remarkable 136% increase in trading […]
Render Token Faces Significant Decline Amid Whale Activity
Render Token (RNDR) has experienced a sharp decline, dropping another 11% today and trading just below the $10 mark. This decline follows a series of large transactions by major holders. According to on-chain data, Whale 0x4e4 recently deposited an additional 150,000 RNDR, worth approximately $1.57 million, to Binance at a […]
Gamestop And AMC Craze Fuels Crypto Frenzy: Massive Gains And Painful Losses
The Gamestop and AMC mania has permeated the cryptocurrency market, drawing parallels between the speculative nature and crowd empowerment seen in both sectors. These two companies have become the top trending topics on cryptocurrency platforms, capturing the attention of traders and investors alike. 🎮📽️ The #Gamestop and #AMC craze has […]
TheRoaringKitty’s Comeback Sparks Memecoin Frenzy: $PEPE Faces Potential Retrace
The return of TheRoaringKitty to the crypto scene has stirred excitement among enthusiasts, particularly within the memecoin community. While some alternative coins may experience significant growth, others, like $PEPE, could be poised for a pullback following a recent surge that propelled it to an all-time high earlier this week. Analyst […]
Bitcoin ETF Volume Surges, Hitting Highest Levels Since March
Bitcoin ETF volumes are gaining significant momentum, with the seven largest ETFs recording a combined $5.65 billion, marking the highest daily volume since March 24th. This surge indicates a shift in market dynamics, moving beyond the days when whales predominantly accumulated Bitcoin on-chain. 📈 #BitcoinETF volume is picking up major […]
ARBITRUM PRICE ANALYSIS & PREDICTION (May 16) – ARB Rejects $1 Amid Recent Surge, Is More Drops Around The Corner?
Following a quick bounce from a two-month low, ARB climbed above a key psychological level and later lost momentum due to a rejection. It quickly turned weak again and now trades back near its recent low. Arbitrum went through a lot of reductions in the last two months, losing more […]
POLKADOT PRICE ANALYSIS & PREDICTION (May 16) – DOT Tests $7 Following A Short Bounce, Can It Scale Through?
After taking a two-week downturn, DOT located a threshold and initiated a fresh increase following a sudden 5% surge yesterday. It paused buying and now looks indecisively weak on the daily chart. Since the price bounced sharply from $5.7 last month, DOT has remained in a consolidation phase, looking for […]
RIPPLE PRICE ANALYSIS & PREDICTION (May 16) – XRP Signals Bullish But Remains Trap In A Range, Breakout Lies Ahead
While trading in a range-bound, Ripple showed signs of strength today as it tapped a 4% gain. Despite a steady decline in the daily volume indicator, it found support again and continues to foot a fresh increase. Ripple’s XRP has reacted positively to the latest increase across the market, bouncing […]
SOLANA PRICE ANALYSIS & PREDICTION (May 16) – Sol Resurges Near This Critical Resistance, Will It Break This Time?
After locating solid support for two weeks, Sol resurged today and flipped through the $150 level to where it trades near a key resistance level. Breaking through this resistance should foster a fresh bullish sentiment. Following this month’s recovery from a low of $120 to a high of $159, Solana […]
FLOKI PRICE ANALYSIS & PREDICTION (May 16) – Floki Faces Rejection Again After Rising 10% Weekly, Can It Scale Through This Tough Resistance
Following another rejection, Floki paused buying earlier today and pulled back on the lower timeframe. But it appeared to be rising back after increasing by 3% increase in the past hours – looking for a breakout. So far, Floki has registered notable gains since it started to show signs of […]
PEPE PRICE ANALYSIS & PREDICTION (May 16) – Pepe Fakes Out Following Over 100% Gains In A Month, New Potential Rally In Play?
The recent performance in Pepe’s price has signalled a notable shift in the trend as it set a new bullish tone for other meme coins. Sentiment has changed and the bulls are now prepared for a massive gain. Increasing by 30% in a week, Pepe fake-out of a crucial monthly […]