Archives par catégorie: Business

Polygon Exchange Supply Spikes, More Downtrend Incoming?

Polygon Exchange Supply Spikes, More Downtrend Incoming?

On-chain data shows the Polygon exchange supply has seen a sharp spike recently, something that could lead to a further downtrend for the asset. Polygon Exchange Supply Rises As Whale Makes 60 Million MATIC Deposit According to data from the on-chain analytics firm Santiment, around 7.92% of the entire MATIC circulating supply is on exchanges […]

Will AVAX Price Get A Lift From Avalanche NFTs? Let’s Examine The Metrics

Will AVAX Price Get A Lift From Avalanche NFTs? Let’s Examine The Metrics

AVAX, the native token of Avalanche blockchain, has been making headlines lately as the Avalanche NFT transfers soared to record figures in the month of April alone.  As the blockchain world continues to expand, the surge in NFT transfers on the Avalanche network raises a burning question – Will this help AVAX price go up? […]

Polygon (MATIC) Continues To Plunge; Why Are The Bears Still Dominant?

Polygon (MATIC) Continues To Plunge; Why Are The Bears Still Dominant?

Polygon (MATIC) is below the $1 mark today as the bears continue to pressure its price. From April 19, 2023, it moved into a downtrend gradually to its current price level of $0.966 today. The recent price volatility and decline experienced by Bitcoin and Ethereum seem to have a ripple effect on other tokens in […]

What Is Pepe Meme Coin: Latest Developments and Price Prediction

What Is Pepe Meme Coin: Latest Developments and Price Prediction

Pepe Meme Coin is a cryptocurrency that has gained significant attention in recent months due to its connection with the popular meme character Pepe the Frog. Here’s an overview of Pepe Meme Coin, its history and origin, and the technology and platform used by the coin: Pepe Meme Coin was launched in April 2023 and […]

How to Manage Your Binance Portfolio Directly From CoinStats

How to Manage Your Binance Portfolio Directly From CoinStats

Managing multiple crypto assets across various exchanges and wallets can be challenging regarding cryptocurrency trading. With CoinStats’ API integrations, you can easily track the performance of all your crypto assets in one place. Whether on your computer or mobile device, our integrations allow you to monitor price changes, buy/sell cryptos, swap, and even earn by […]

Total Ethereum (ETH) Locked Hits New Highs On Increase In Deposits Over Withdrawals

Total Ethereum (ETH) Locked Hits New Highs On Increase In Deposits Over Withdrawals

Ethereum (ETH) has seen a surge in price throughout April, and this increase has corresponded with a significant milestone for Ethereum’s Layer 2 networks: the total value locked (TVL) has surpassed $10 billion as of April 14, according to L2Beat, an analytics and research website about Ethereum layer 2 scaling.   This marks a new record […]

Bitcoin Wyckoff And Elliott Wave Predict This Next Price Move

Bitcoin Wyckoff And Elliott Wave Predict This Next Price Move

The Bitcoin (BTC) price has been trading in a range between $27,000 and $28,000 since Friday last week, with $27,800 currently being the most important resistance level to kick off a move to the upside. As recently as last Tuesday, BTC was trading above $30,000 before plunging more than 10%. However, Wyckoff and Elliott Wave […]

XRP Price Prediction: Ripple Trades Near Make-or-Breaks Levels

XRP Price Prediction: Ripple Trades Near Make-or-Breaks Levels

Ripple is consolidating above the $0.440 support against the US Dollar. XRP price could recover if it clears the $0.480 resistance zone. Ripple started a fresh decline from the $0.5380 zone against the US dollar. The price is now trading below $0.500 and the 100 simple moving average (4 hours). There is a key contracting […]

Ethereum Price Signaled “Sell” And Remains At Risk of More Losses

Ethereum Price Signaled “Sell” And Remains At Risk of More Losses

Ethereum price is showing bearish signs below $1,920 against the US Dollar. ETH could continue to move down if it clears the $1,800 support zone. Ethereum failed to recover and stayed well below the $1,920 resistance. The price is trading below $1,900 and the 100-hourly Simple Moving Average. There is a key bearish trend line […]

Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $28K

Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $28K

Bitcoin price is showing bearish signs below the $28,000 zone. BTC must clear $28,000 to avoid more losses in the coming sessions. Bitcoin struggled to gain pace above the $28,000 resistance zone. The price is trading below $27,800 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance […]

Filecoin Experiences Sharp Sell-Off, Potential For Price To Drop Below $5

Filecoin Experiences Sharp Sell-Off, Potential For Price To Drop Below $5

The bearish onslaught has taken a toll on the price of Filecoin, which slipped below the $6 mark, and the bears now have a strong foothold. On the one-day chart, Filecoin is showing consolidation with a loss of 1.1%. Over the last week, the coin has depreciated by nearly 17%. The technical outlook for Filecoin […]

Bitcoin’s Upcycle Shows Small Drawdowns, Report

Bitcoin’s Upcycle Shows Small Drawdowns, Report

The Bitcoin (BTC) market has faced some resistance this week, according to a report by cryptocurrency analytics firm Glassnode. The market reverted from a weekly high of over $31,000 to a low of $27,000, signaling a potential correction in the market. Despite this recent dip, Glassnode’s analysis shows that the opening to 2023 has been […]

CELR On A 16% Bear Strike, Bulls Must Hold The Line At This Level

CELR On A 16% Bear Strike, Bulls Must Hold The Line At This Level

CELR, the official native token of Celer Network, is down badly from its previous week’s highs of $0.031, recording a disappointing -16% in today’s trade session. While several cryptocurrencies have shown price weakness, the Celer Network token has been the biggest loser over the past 24 hours. In recent times, the general market sentiment has […]

Standard Chartered Predicts Bitcoin Could Reach $100,000 By End of 2024

Standard Chartered Predicts Bitcoin Could Reach $100,000 By End of 2024

Bitcoin, the world’s most well-known cryptocurrency, has been on a wild ride over the past few years, with its price surging to new highs before crashing back down.  Despite this, some experts still believe the asset could record new significant highs in a few years to come. At current market prices, Bitcoin has currently decreased […]

Bitcoin ‘ESR’ Continues To Show Bullish Divergence, Will Price Follow?

Bitcoin ‘ESR’ Continues To Show Bullish Divergence, Will Price Follow?

Bitcoin on-chain indicator Exchange Stablecoin Ratio (ESR) has continued to show bullish divergence recently. Will the price also mimic this? Bitcoin ESR Has Continued To Sharply Ascend In Recent Weeks As explained by an analyst in a CryptoQuant post, the ESR is currently acting as a leading indicator for BTC’s price. A relevant metric here […]

Cardano At Risk Of Falling 8% If It Doesn’t Hold Above Key Support Line

Cardano At Risk Of Falling 8% If It Doesn’t Hold Above Key Support Line

The Cardano price surged as it broke through a critical resistance trendline on its chart, a few days ago. However, the bullish momentum was short-lived, and ADA has since lost 0.5% of its value on the daily chart. The past week saw a significant depreciation of 14% in ADA’s value, with demand and accumulation both […]

Solana (SOL) Rebounding After A Major Drop, Will It Recover Previous Losses?

Solana (SOL) Rebounding After A Major Drop, Will It Recover Previous Losses?

Many investors are unsure what will happen to the Solana (SOL) price going forward after its recent 7 days decline of 13%. Will SOL make a strong comeback?  Solana has emerged as one of the most popular blockchains in the cryptocurrency industry due to its fast transactions and expanding ecosystem. However, it had a rough […]