Tag: altcoin

Crypto, News

Bitcoin’s Rally Sparks General Cryptocurrency Market Surge

Bitcoin’s recent impressive performance has been the driving force behind the significant rise in the cryptocurrency market, leaving investors reaping profits as digital currencies experience a sharp increase in value. The correlation between Bitcoin and stocks has notably strengthened over the past two months, indicating investor optimism surrounding the possibility […]

Crypto, News

Polygon MATIC Experiences Range-Bound Trading Amidst Selling Pressure

Today, Polygon MATIC token is exhibiting a range-bound behavior, encountering slight selling pressure in the early trading hours. The selling pressure emanated from reports provided by Spotonchain, indicating that Wallet 0xa31, associated with the Hermez Network, deposited 3 million MATIC tokens ($2.85 million) to Kraken at an average price of $0.95 […]

Market Analysis

RIPPLE PRICE ANALYSIS & PREDICTION (February 17) – XRP Aims For A Retest After Breaking Out Of This Crucial Resistance Line, Incoming Rebound

Ripple’s price recently broke out of a key resistance line after witnessing a steady increase over the past two weeks. It has encountered resistance and now aims for a retest before resuming buying. Last month saw XRP through an end of a three-month bearish correction after losing about 30% of […]

Market Analysis

POLYGON MATIC PRICE ANALYSIS & PREDICTION (February 17) – Matic Faces Crucial Resistance After Surge, Can It Breakthrough?

Following a nice bounce above the $0.80 range last week, Matic increased by another 15% this week to reclaim a key resistance level. The price is currently stuck as it negotiates for the next major move. Matic’s recovery has been impressive over the past weeks following a sharp bounce off […]

Market Analysis

CARDANO PRICE ANALYSIS & PREDICTION (February 17) – ADA’s Recovery Continues But Now Facing A Key Resistance Level 

Cardano’s ADA bounce is becoming stronger following a daily increase since the start of the month. Although it has cooled off buying pressure a bit after facing a key resistance. But a bigger move lies ahead. Following last month’s recovery, which temporarily stopped at $0.54, ADA pulled back into this […]

Market Analysis

CHAINLINK PRICE ANALYSIS & PREDICTION (February 17) – Chainlink Pauses Buying After Increasing By 30% In Two Weeks, Incoming Retracement?

Since the price broke out of an accumulation face two earlier this month, Chainlink LINK has been struggling to increase but has managed to reach a significant milestone for the first time in two years. It currently appears calm on the daily. The recent monthly break out of an accumulation […]

Market Analysis

VECHAIN PRICE ANALYSIS & PREDICTION (February 17) – VET Completely Breaks Out Of Bearish Zone After A Massive Explosion, Signals Bull Run

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 […]

Crypto, News

Bitcoin Open Interest Hits Highest Level Since April 2022 As Whales Accumulate

The cryptocurrency market is witnessing significant activity, with Bitcoin’s open interest across all exchanges soaring to its highest level since April 2022, reaching an impressive $13.57 billion.  #Bitcoin open interest across all #crypto exchanges, representing the total number of open long and short $BTC positions, has surged to its highest […]

Crypto, News

Ethereum Surges To $2,800 Amidst Bullish Sentiment

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a remarkable surge, reaching $2,800 for the first time since May 2022. #Bitcoin Breaks $52k#Ethereum Breaks $2,800 🔥🚀 pic.twitter.com/hSZsn89k0J — CoinEcho (@mycoinecho) February 15, 2024 This notable increase of 24% since February 1, 2024, underscores renewed optimism among analysts and […]

Crypto, News

Decline In Ethereum-Based ERC-404 Tokens Sparks Whales’ Interest, PANDORA Gets Investor’s Interest 

Recently, there has been a noticeable downturn in the value of Ethereum (ETH)-based ERC-404 tokens, marking a shift in the investment landscape.  Among these tokens, Pandora (PANDORA), the most prominent ERC-404 token and a target of whale activity, has experienced a significant withdrawal.  With a decline of over 4% observed […]