Cardano’s price started a fresh decline from the $0.415 resistance. ADA could decline further if there is a clear move below the $0.38 support. ADA price is struggling to gain pace above $0.40 and $0.415 against the US dollar. The price is trading below $0.400 and the 100 simple moving average (4 hours). There is […]
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Cardano weathered the storm of a tumultuous April, marked by market turbulence and regulatory challenges, and emerged with a glimmer of growth. Despite the obstacles, the blockchain platform’s native cryptocurrency, ADA, managed to hold its ground and even make some notable gains along the way. The recently released monthly report for April by Cardano has […]
Today’s interest rate decision by the U.S. Federal Reserve (Fed) and the following press conference by the Federal Open Market Committee (FOMC) could make up for this year’s most important day so far for the Bitcoin price. In March, the Fed had raised the benchmark interest rate by another 0.25 basis points (bps). At the […]
Concerns about the stability of the global financial system have been rekindled in the wake of the recent failure of the First Republic Bank in the United States. The market’s confidence has taken a major hit as a result of this major development, especially over the possibility of a dovish attitude by the US Federal […]
Play to earn, also referred to as GameFi, is now the industry’s fastest-growing sub-sector. The valuation of the online gaming business is expected to hit USD116 billion by 2021, thanks to the fact that more than 3 billion people around the world spend time playing these games. P2E is expected to reach USD3.7 billion by […]
Ethereum price started an upside correction above $1,850 against the US Dollar. ETH could start another decline if it continues to struggle near $1,900. Ethereum is attempting an upside correction above $1,850. The price is trading below $1,880 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance near […]
Bitcoin price is correcting losses from the $27,660 zone. BTC is now facing strong resistance near the $28,800 and $29,000 levels. Bitcoin is attempting a fresh increase above the $28,500 resistance zone. The price is trading below $28,800 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support […]
Meme coins are rallying once more with 1,000% increases in a matter of hours now becoming the order of the day. With so many new meme coins performing well in the market, it is starting to look like a repeat of the infamous 2021 meme coin season. However, unlike in 2021, a whole new set […]
The recent sharp decline in shares of major U.S. regional banks has sparked fears of another banking crisis. The collapse of First Republic Bank, the largest U.S. bank failure since 2008, has sent shockwaves through the financial sector, prompting experts to warn that a “confidence crisis” could happen to any bank in the country. Investors […]
Pepe coin is the most talked about asset in the crypto market right now. The less than one-month-old meme token has nothing at all to do with Bitcoin, yet shockingly is displaying nearly exact price patterns. Don’t miss this incredible and unusual chart comparison between BTCUSD and PEPEUSDC. A Quick Recap Of Pepe Coin And […]
According to the latest report by Messari, Avalanche (AVAX) has shown a strong rebound in the first quarter of 2023. The market cap of the blockchain platform increased by 65.8% quarter on quarter (QoQ), reflecting the broader market trend and the thaw of the crypto winter that took by storm the crypto industry in 2022. […]
On-chain data shows Ethereum has observed massive inflows of $505 million into Binance during the past day, a sign that selling may be going on. Ethereum Exchange Inflows Have Shot Up During The Past Day According to data from the on-chain analytics firm Santiment, this increase in the supply on exchanges is the largest observed […]
According to Uniswap’s (UNI) price chart, the coin is moving sideways on the chart. As the market opened, the price dropped to $5.30, where UNI found little support. Bulls are trying to regain control, but selling pressure is quite strong. The coin started exhibiting bearish momentum after April 19, 2023, when sharp crashes were observed […]
The Arbitrum (ARB) price has retraced in line with the market-wide correction over the past few days, falling close to a critical support level. In the current environment, altcoins in general continue to show weakness across the board. However, one altcoin that is exhibiting relative strength, backed by on-chain activity, is ARB. Arbitrum is an […]
Internet Computer (ICP) is trading red, hovering around the $5.6 price mark today, May 2, 2023. According to its daily chart, the bearish trend began two days ago, following three-day bullish moves. The turn in the market sentiment has resulted in the recent plunge in ICP price. Aside from this, the world’s largest cryptocurrency, Bitcoin, […]
Bitcoin bears have gained control over the last few weeks, at least in the short term, and the battle seems to be on. After Bitcoin failed again at the $30,000 level on Sunday as part of a “weekend pump,” the bears are pushing towards $27,000. As of press time, Bitcoin was hovering around $28,000, having […]
Ripple is struggling to recover above the $0.48 resistance against the US Dollar. XRP price could extend losses if there is a close below the $0.44 support. Ripple started a fresh decline from the $0.500 zone against the US dollar. The price is now trading below $0.488 and the 100 simple moving average (4 hours). […]
Terra Classic has made a significant move in the world of cryptocurrency with the passing of the LUNC Proposal 11487, and it’s leaving many wondering: what does this mean for the future of LUNC prices? The proposal’s successful passage signifies a positive step towards achieving Terra Classic’s vision of a more decentralized and sustainable blockchain […]
Ethereum price extended its decline below the $1,850 level against the US Dollar. ETH could continue to move down if it stays below the $1,880 resistance. Ethereum remained in a bearish zone and traded below $1,850. The price is trading below $1,850 and the 100-hourly Simple Moving Average. There is a key bearish trend line […]
Bitcoin price extended its decline below the $28,000 support. BTC tested $27,650 and is currently attempting a minor upside correction. Bitcoin is showing bearish signs below the $28,500 resistance zone. The price is trading below $28,200 and the 100 hourly Simple moving average. There is a major bearish trend line forming with resistance near $28,000 […]