Since February 2023, the Bitcoin MVRV Ratio has dipped below -8.40% on four occasions, each time triggering significant price jumps of 63%, 100%, 92%, and 28%. With Bitcoin currently priced under $60,000 and the MVRV Ratio at -8.96%, this might be an ideal time to buy the dip. Since February […]
Tag: crypto
SOLANA PRICE ANALYSIS & PREDICTION (June 26) – SOL Remains Bearish But Can This Recovery Bring The Bulls Back?
Solana appeared strong today following a 9% recovery over the last 24 hours. While it remains under the bears’ radar on the micro level, it may resume drops if the bulls fail to sustain pressure above the monthly high. Yesterday, Sol faced rejection on the way down and further halted […]
$POPCAT Surges 60% Amid Market Turbulence, Emerges As Top Cat-Themed Meme Coin On Solana
Despite a turbulent market, $POPCAT has demonstrated remarkable resilience and strength. 🚨 TOP 10 #Crypto gainers In The Last 24hours (among top 500) 🔥 🚀#POPCAT 60.22% #MOG 50.13% #NOS 36.65% #DORA 29.21% #SHDW 26.87% #APU 25.01% #WIF 23.37% #TRUMP 21.97% #AGIX 21.57% #LISTA 21.23% Source: #CoinMarketCap pic.twitter.com/urfIAAfsoI — CoinEcho (@mycoinecho) […]
Bitcoin Price Plummets 16% Amid Market Turmoil And Mt. Gox Repayment News
Bitcoin (BTC) has experienced a sharp decline, dropping over 16% since reaching its all-time high of more than $73,000 in March 2024. Currently trading below $62,000, Bitcoin’s daily Relative Strength Index (RSI) has hit oversold territory, a condition that has previously led to significant price surges of 60%, 63%, and […]
Digital Asset Outflows Reach $584M, Yet Smart Traders Accumulate ETH Amid Dip
According to CoinShares, digital asset investment products experienced significant outflows totaling $584 million last week, shaving off US$1.2bn in total. Bitcoin led the pack with outflows of $630 million, while Ethereum saw $58 million in outflows. In contrast, multi-asset products attracted inflows of $98 million, suggesting that investors view weakness […]
Bitcoin And Altcoins Suffer As Market Sentiment Turns Gloomy
The last week of June began on a somber note with Bitcoin falling 5%, dropping its value below $62,000. This decline triggered a ripple effect across the altcoin market, particularly affecting the highly volatile meme cryptocurrency sector. Shiba Inu (SHIB), the second-largest meme cryptocurrency by market capitalization, experienced a 5.5% […]
ETHEREUM PRICE ANALYSIS & PREDICTION (June 24) – ETH Breaks Below $3,300 In The Latest Dip, Where Next?
Ethereum continued to show signs of weakness weekly as it broke below a key support level in the latest dip. The bears are regrouping on the lower timeframe as bigger drops lurk around the corner. From $3,977, Ethereum saw a lot of reductions in the past weeks and lost some […]
BITCOIN PRICE ANALYSIS & PREDICTION (June 24) – BTC Eyes $60k As Next Target Level But Will This Support Line Holds?
Bitcoin’s fear and greed index neutrally stands at 55 after weeks of decline. It just lost grip again and fell into the $61k range, looking poise for a massive sell-offs. This crucial support line may pose a threat. Bitcoin’s daily outlook is getting uglier by the day following a steady […]
Bitcoin Faces Supply Pressure And Miner Sell-Off As Trading Week Ends
As the trading week comes to a close, Bitcoin is hovering in the $63,000 to $64,000 range. A significant supply barrier has formed, with approximately 5.45 million addresses having acquired 3.03 million BTC between $64,300 and $70,800. This concentration of holdings at higher prices poses a risk of a steep […]
Bitcoin and Ether Decline As Chainlink Sees Significant Token Movements
Despite the stock market reaching new highs, Bitcoin and Ether have both declined over 10% from their yearly peaks. Other major cryptocurrencies such as Solana ($SOL), Cardano ($ADA), and Chainlink ($LINK) have experienced even steeper drops, each falling more than 25% from their recent highs. Despite the stock market reaching […]
Insider Nets $1.69M In Two Days With Astounding Returns On Solana Investments
An insider has remarkably turned 23 SOL, approximately $3,300, into 11,229 SOL, or $1.69 million, within just two days, showcasing a series of highly lucrative trades. The insider’s first notable trade involved an investment of 7.1 SOL ($1,200) into HULK (HULKAMANIA). This investment was made through multiple addresses 15 days […]
Illuvium’s $ILV Token Plummets Over 5% Amid Whale Sell-Off
The native token of the blockchain game Illuvium, $ILV, has experienced a sharp decline of over 5.3% within a few hours. The price dropped from $71.2 to $65.85, sparking concern among investors. The #GameFi altcoin $ILV, the native token of blockchain game @illuviumio, plunges 5.3% in the last 1 hour‼️ […]
ORDINAL PROTOCOL PRICE ANALYSIS & PREDICTION (June 22) – ORDI May Regain Momentum If $34 Holds Firmly, Poises For Bullish
ORDI is up today following a three-day bounce off a monthly low. It looks poise for an increase but buying volume appears low. Despite that, it is leading the market’s top gainers chart with a 4% gain since yesterday. In the latest meltdown, Ordi lost almost 50% of its value […]
Bitcoin Faces Bearish Trend And Decreased On-Chain Activity; MicroStrategy Continues Accumulation
Bitcoin is experiencing a downturn in exchange-related on-chain activity, indicating decreased investor interest and reduced network usage. Bitcoin's trend continues to lean bearish, currently hovering just above a critical demand zone. Keep an eye on the 61.9k to 63.8k range for potential support https://t.co/SzLyfHHNHM pic.twitter.com/gVtDu8DZj7 — IntoTheBlock (@intotheblock) June 21, […]
LISTA Hits New High Post-Rebrand, Surges 37% Since Airdrop And CEX Listing
Following a successful rebrand from Helio Protocol to Lista, the decentralized stablecoin system’s token, LISTA, has reached a new high, with its current price at $0.8456. Initially priced at $0.565, Its value has climbed above $0.8, demonstrating strong market interest and investor confidence. . $LISTA 新高,现价 $0.8456🚀 一月分享的空投你参与了吗😉 Lista 就是 […]
Ethereum Spot ETFs Continue To Accumulate As Justin Sun Boosts Holdings Amid Price Dip
Ethereum spot ETFs are accumulating ETH regardless of price fluctuations, demonstrating strong confidence in the cryptocurrency’s long-term potential. Currently, 27.5% of the total ETH supply is staked, with 16.3% of this staked ETH being re-staked through protocols such as Eigenlayer. This indicates a robust interest in local yield among ETH […]
USDT On Tron Surpasses Visa’s Average Daily Trading Volume, Highlighting Cryptocurrency’s Growing Influence
The 24-hour trading volume of USDT (Tether) issued on the Tron network has reached an impressive $53.031 billion, surpassing the average daily trading volume of Visa. In the first quarter of 2024, Visa reported a total trading volume of $3.7 trillion, with an average daily volume of $42 billion. The […]
Bitcoin Faces FUD Amid Whale Accumulation And High Holder Profitability
Bitcoin’s price range between $65K and $66K has fostered an environment of fear and disinterest among traders, leading to widespread capitulation. This extended level of Fear, Uncertainty, and Doubt (FUD) is rare, as traders continue to give up. However, this period of trader fatigue, combined with whale accumulation, often leads […]