Tag: trading

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

Bitcoin Surges Past $52K, But Caution Prevails Amidst Potential Threats

Bitcoin has made a significant rebound, briefly surpassing the $52,000 mark for the first time since December 3rd, 2021. However, seasoned investors remain cautious as excessive jubilation often precedes market corrections, especially when social media chatter turns to discussions about reaching new all-time highs. 📈😮 #Bitcoin has resumed its climb, […]

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 […]

Crypto, News

API3 Surges Over 135% In Three Months: A Paradigm Shift In Decentralized APIs

In the past three months, API3 has witnessed a remarkable surge in value, climbing by more than 135%. This substantial increase reflects the growing recognition within the market of API3’s potential to revolutionize decentralized APIs by providing a more efficient and decentralized data source for smart contracts. Launched in December […]

Crypto, News

Polygon Foundation Wallet Moves 9 Million MATIC Tokens To Binance, Prompting Market Interest

In a surprising turn of events, a wallet associated with the Polygon Foundation recently transferred 9 million MATIC tokens to Binance, one of the leading cryptocurrency exchanges, sparking significant attention within the crypto community. According to insights from analytics firm Spotonchain, Wallet 0x57f, which is linked to the Polygon Foundation, […]

Crypto, News

Growing Interest In Ethereum Options Signals Potential For Record Highs As ETH Hits $2,800

As February approaches its final stretch, the open interest in Ethereum options on the Chicago Mercantile Exchange (CME) has surpassed the levels seen in January, setting the stage for a potential new record high of $468 million. This surge in open interest underscores the increasing enthusiasm for Ethereum derivatives trading, […]