Tag: altcoins

Crypto, News

Arbitrum Token Experiences Price Correction Amidst Concerns About Token Unlock And Massive Sell-offs

The native token of Arbitrum, a blockchain network designed to enhance scalability for Ethereum, has recently encountered a significant price correction.  With the token’s value dipping to $1.84 in the past 24 hours, marking a 9% decline, investors have been closely monitoring its performance. At the time of writing, there […]

Crypto, News

Starknet’s STRK Token Faces Price Decline After Listing

Following its recent listing, Starknet’s native token, STRK, experienced a significant downturn, with its price plummeting by 27% within a 24-hour period.  The drop can be attributed largely to sell-offs triggered by a major airdrop, revealing challenges associated with token issuance strategies. Despite the potential of Starknet’s technology, the current […]

Crypto, News

JasmyCoin (JASMY) Surges Amidst Whales’ Accumulation and Profit-Taking Concerns

In a notable development within Japan’s cryptocurrency landscape, JasmyCoin (JASMY), the country’s largest cryptocurrency project, has experienced a remarkable surge in price over the past month. With gains exceeding 140% in the last 30 days and over 100% in the past week alone, JASMY has garnered significant attention from investors […]

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 […]